CATL, a major player in the electric vehicle (EV) battery industry, is making waves with a significant financial move. The company is planning to raise at least $4 billion through a share sale in Hong Kong. This is set to be the largest share sale in Hong Kong this year. The shares will be priced this week and will start trading on May 20. A prospectus filed with the...
The global investment world is abuzz with news that China is not happy about a potential sale. BlackRock, a major U. S. investment firm, is eyeing some key ports. These ports are not just any ports. They are located at both ends of the Panama Canal. The sale could be a game-changer, but China is raising eyebrows. China's government is not keeping quiet. Officials in...
Hong Kong's Democratic Party, once a major player in the city's political scene, has decided to shut down. The party's chair, Lo Kin-hei, made the announcement, pointing to the challenging political climate as the reason behind the decision. This isn't the first time a political group has disbanded in Hong Kong. Many have done so in recent years. The party's member...
CATL, the world's leading maker of electric vehicle (EV) batteries, is making a bold move. They're planning to list on the Hong Kong stock exchange. This isn't their first time at the rodeo, though. They already raised a whopping $6. 7 billion in an IPO on China’s Shenzhen exchange back in 2022. This time around, they're aiming to raise at least $5 billion. ...
The big news today is that Canada is not happy. "Tariffs are unjustified" said Canada's industry minister. The issue is steel and aluminum imported from other countries. Donald Trump wants to tax these metals. He actually announced 25% tax on these products. He said there would be no exceptions. Now, countries who sell these products may face t...
Imagine juggling two full-time jobs. One is at the office, the other is taking care of an elderly family member. This is the reality for many caregiver-employees (CEs) in Hong Kong. These individuals are responsible for the care of older adults, all while trying to fulfill their duties at work. This double load can be overwhelming, to say the least. The conc...
The US Postal Service has temporarily halted the incoming mail but not letters from China and Hong Kong. This decision, made without a clear explanation, has left must be worrying for big online shopping sites. e-commerce giants like Shein and Temu will need to find new ways to reach US customers. Think of a young person or teenager looking for the latest fashion t...
Parents have expressed their experiences with a traditional Chinese therapy called Tuina, which is used to help children with ADHD. The therapy is focused on improving sleep quality and appetite. This is a big deal because sleep and appetite are common issues for kids with ADHD. In Hong Kong, parents have been trying out this Tuina therapy on their own children. ...
You might know that extreme temperatures can lead to more people being admitted to the hospital. But did you know that these same temperatures can also make people stay in the hospital longer? In a study done in Hong Kong, researchers found that patients with heart and lung diseases stayed longer in the hospital during extreme weather. This could be because these tem...
Hong Kong's biggest airline, Cathay Pacific, has taken an episode of Family Guy off its in-flight entertainment after someone complained about a scene showing the Tiananmen Square crackdown. The episode, "Death Has a Shadow, " has a brief moment where Peter Griffin stands near a protester facing tanks in Beijing. This scene echoes a famous photo from the 1989 pro-dem...