After nine months of construction, Tesla's Megapack battery factory in Shanghai went into operation on February 11, with significant importance for both the US-based electric carmaker and China's ... ( read original story ...)
Warner Bros plans Harry Potter attraction in Shanghai in 2027
Warner Bros Discovery plans to open its largest Making of Harry Potter studio tour in Shanghai in 2027, seeking to capitalise on the local popularity of the movies and China’s push to boost consumer ... ( read original story ...)
China’s purchases of chipmaking equipment to decline in 2025, consultancy says
China's purchases of chipmaking equipment are set to decline this year after three years of growth, as the industry grapples with overcapacity and faces greater constraints from U.S. sanctions, a ... ( read original story ...)
Hong Kong’s latest bubble tea IPO mints another billionaire
Guming Holdings’ US$233 million (S$315 million) Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its millennial founder, Wang Yun’an, to US$1.2 billion, according to ... ( read original story ...)
Eternal Beauty, China’s Largest Fragrance Distributor, Revives Hong Kong IPO Bid
The Hong Kong-based firm works with Hermès, Van Cleef & Arpels, Chopard, Albion and Laura Mercier in mainland China, Hong Kong and Macau. ( read original story ...)
GDS considers IPO for international DayOne unit – report
Reports that GDS was seeking $1 billion in investment for its international data center unit surfaced in August 2024. In March of last year, the company raised $587 million for the unit. This was ... ( read original story ...)
China’s Bubble Tea Firm Mixue to Raise About $500 Million in Hong Kong IPO Later in Feb, Sources Say
SYDNEY/HONG KONG (Reuters) - China's largest bubble tea firm, Mixue Group, will begin bookbuilding for its Hong Kong initial public offering by the end of February to raise about $500 million, ... ( read original story ...)