‘King of Africa’ Smartphone Maker Seeks $428 Million in HK Debut
Shenzhen Transsion Holdings Co., which dominates the market for smartphones in Africa, is seeking to raise as much as HK$3.36 billion ($428 million) in a Hong Kong share sale.
Crossfiled / Hong Kong
24 stories named Hong Kong, covered by 3 outlets. Each one is shown beside every other newsroom's version of the same event, with a link to the outlet that filed it.
Shenzhen Transsion Holdings Co., which dominates the market for smartphones in Africa, is seeking to raise as much as HK$3.36 billion ($428 million) in a Hong Kong share sale.
Shenzhen Transsion Holdings, the maker of Africa’s bestselling phones, aims to kick off its Hong Kong share offering on Wednesday to raise up to US$500 million ahead of a targeted October 15 listing, according to people familiar with the matter.
Hong Kong socialite Abby Choi Tin-fung called her former father-in-law an “old crook” as she accused her ex-relatives of turning her children against her when she tried sell a HK$72 million (US$9.17 million) flat, a court has heard. Choi’s mother, Cheung Yin-fa, on Tuesday said her daughter had beco
Hong Kong’s leader has pledged to provide guests attending this month’s Apec Finance Ministers’ Meeting with a “high-quality” experience, as the city works closely with Beijing to assist delegations with the registration process. About 500 guests, including finance ministers and senior officials fro
Hong Kong’s leader has urged residents to pay close attention to a coming three-day debate on the city’s inaugural five-year plan and latest policy address in the legislature. The debate on the two policy documents is set to begin on Wednesday morning and continue until Friday, according to the Legi
Eight more companies from countries belonging to Beijing’s Belt and Road Initiative have applied to list in Hong Kong, the city’s trade promotion chief has revealed. Frederick Ma Si-hang, chairman of the Trade Development Council, also said on Monday the city’s economy would benefit from improving C
Chinese doctors have performed an unprecedented surgery to save an unborn child who developed a fast-growing tumour. A medical team from Shenzhen and Hong Kong recently completed a challenging, precise reduction of a foetal chest tumour while the baby was still in the womb, offering new hope to fami
Hong Kong’s Kai Tak Hospital launched its first phase of operations, treating about 350 patients at its family medicine centre on Monday, with the daily number projected to reach 1,800 by the end of the year. While patients welcomed the service, lawmakers called for more frequent feeder transport an
DFI Retail, the food and beverage unit of Hong Kong-headquartered conglomerate Jardine Matheson, is looking to sell its mall at The Peak, one of the city’s wealthiest neighbourhoods. The entire commercial portion of the Dairy Farm Guildford Road Shopping Centre will be sold via a public tender closi
Hong Kong has unveiled a four-step artificial intelligence (AI) “talent ladder” strategy to counter entry-level job shock and foster industry leaders by treating the technology as a “catalyst, not a threat”. Permanent Secretary for Innovation, Technology and Industry Kevin Choi Kit-ming warned on Mo
Hong Kong’s largest public hospital, built on the former airport site in Kai Tak, began its first phase of operations on Monday after more than a decade of planning and preparation. The South China Morning Post looks at the hospital’s key features and what its opening means for the city’s healthcare
Police have arrested a woman on suspicion of attempted robbery after she brandished a knife at staff at an MTR station customer service centre and demanded Octopus cards and cash. A source familiar with the case told the South China Morning Post on Monday that the woman, a Hong Kong resident surname
Funds raised through initial public offerings in Hong Kong more than doubled year on year to over HK$388 billion (US$49.4 billion) in the first nine months of 2026, already surpassing the total amount for the whole of last year, Financial Secretary Paul Chan Mo-po has said.
Malaysia is proving to be a middle ground for many Hong Kong and mainland Chinese investors looking to buy property in a country that provides the stability Singapore offers, but with competitive price points similar to those found in Thailand, according to analysts.
Hong Kong police have busted a burglary syndicate that recruited illegal immigrants and is believed to be behind at least 25 break-ins across the city in recent weeks, with stolen cash and valuables exceeding HK$3.6 million (US$458,773). Six people aged 31 to 45 – five mainlanders and a local reside
More than 73,000 owners of subdivided flats in Hong Kong have applied for a three-year grace period to meet the government’s minimum standards, a figure the housing chief has described as “better than expected”. Secretary for Housing Winnie Ho Wing-yin said on Saturday that authorities received arou
Mainland Chinese visitor arrivals in Hong Kong during the first two days of the National Day “golden week” surpassed the pre-pandemic total for the same period in 2018, as a catering sector representative reported a 10 per cent year-on-year increase in restaurant receipts.
The Airport Authority will reposition the 11 Skies commercial project after taking it over next April, with the government expecting it to become a high-end tourism landmark with minimal public investment, the transport chief has said. After developer New World Development (NWD) announced on Wednesd
Mainland Chinese tourists have poured into Hong Kong during the first two days of the National Day “golden week” holiday, but retailers have warned that the surge in visitor numbers is not translating into an equally strong boost in spending.
The move by the Airport Authority to take over the 11 Skies project will catalyse the development of its aviation hub, a government adviser and a hospitality sector expert have said, calling for better access and immersive entertainment to attract visitors.
Revellers packed promenades along Victoria Harbour to watch a 23-minute National Day fireworks display that illuminated Hong Kong’s skyline on Thursday night with cascading ribbons of light, red hearts and smiley faces. At the Wan Chai Ferry Pier, crowds clapped and cheered in awe, raising their arm
Hongkongers and tourists packed the promenades on both sides of Victoria Harbour hours before Thursday’s National Day fireworks show, braving the heat. By mid-afternoon, photography enthusiasts, tourists and residents had claimed spots along the harbourfront, settling in for the hours-long wait with
Hong Kong’s health minister has warned that the city will need to “bear the consequences” of exaggerating concerns over the employment prospects of nurses, as such remarks could deter new blood from joining the profession. “I do not want recent comments, such as claims that ‘[nursing] graduation equ
HSBC on Wednesday named its stablecoin offering HSBC RedCoin, paving the way for Hong Kong’s biggest lender to make the coin available to the more than 3.3 million users of its PayMe app for money transfers, shopping and dining. When launched before the end of the year, the stablecoin would be offer
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