Singapore depository receipts allow investors to invest directly in overseas stocks through the SGX. Read more at straitstimes.com.

Long-term investors snapped up a significant chunk of BYD Co.’s $5.6 billion stock offering, people familiar with the matter said, a vote of confidence in the electric-vehicle maker and Chinese equities more broadly.

SINGAPORE investors can now directly invest in three Hong Kong blue-chip stocks – Ping An Insurance, Meituan and Xiaomi – via newly launched Singapore Depository Receipts (SDRs). This broadens the Singapore Exchange’s (SGX) thematic investment opportunities in artificial intelligence (AI),

Chinese electric vehicle maker BYD Co. raised HK$43.5 billion ($5.6 billion) in Hong Kong’s biggest share sale in nearly four years. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkThe company sold 129.

The company is offering 118 million shares at HK$333 to HK$345 each, according to terms of the deal seen by Bloomberg.

BYD said the transaction was the largest equity follow-on offering globally in the automotive sector in the past decade.

Hong Kong stocks rose for a third day on Friday, putting the benchmark gauge on course for its biggest weekly gain in almost two months, as optimism grew that China would take more steps to support the nation’s economic growth and technology innovation.

Hong Kong's government has earmarked 1 billion Hong Kong dollars ($128.67 million) for the establishment of a new artificial intelligence research institute. It expects its economy to grow at an average rate of 2.9% a year in real terms from 2026 to 2029. Gary Ng, senior economist at Natixis, says that forecast is "too optimistic."

Asian equities were a sea of red as President Trump “appears” to be pushing forward with tariffs on Canada and Mexico, while the Philippines was closed for Revolution Day.

(RTTNews) - The Hong Kong stock market turned lower again on ... Li Ning jumped 3.02 percent, Meituan advanced 2.21 percent, New World Development surged 6.77 percent, Nongfu Spring climbed ...

Hong Kong's government has earmarked 1 billion Hong ... Among the top gainers in the session were food delivery company Meituan (up 9.21%) and e-commerce platform JD.com (8.26%).