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HONG KONG SHARES OF ALIBABA UP 3%

2026-04-29

HONG KONG SHARES OF ALIBABA UP 3%

Other News
2026-04-28

UAE ENERGY MINISTER: THIS IS A DECISION TAKEN AFTER A CAREFUL LOOK AT OUR STRATEGIES RELATED TO ENERGY FIELD AND PETROLEUM SECTOR AND OTHERS

UAE ENERGY MINISTER: THIS IS A DECISION TAKEN AFTER A CAREFUL LOOK AT OUR STRATEGIES RELATED TO ENERGY FIELD AND PETROLEUM SECTOR AND OTHERS
2026-04-29

Chinese truckmaker Xuzhou XCMG Automobile Manufacturing Co. is considering a Hong Kong IPO that could raise as much as $500 million as soon as this year, according to people familiar with the matter. The company, based in Jiangsu, is still discussing

Chinese truckmaker Xuzhou XCMG Automobile Manufacturing Co. is considering a Hong Kong IPO that could raise as much as $500 million as soon as this year, according to people familiar with the matter. The company, based in Jiangsu, is still discussing deal size and timing. XCMG Auto produces heavy-duty trucks, including electric, hybrid and hydrogen fuel-cell models used in logistics, construction, sanitation and mining. It previously raised about 6.4 billion yuan ($940 million) from 30 investors last year. Hong Kong listings have raised $19.4 billion so far this year and could exceed $40 billion in 2026, according to data.
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