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Hong Kong film industry buoyed as Japanese fans flock to new hit's sites
Hong Kong film industry buoyed as Japanese fans flock to new hit's sites

Nikkei Asia

time26-07-2025

  • Entertainment
  • Nikkei Asia

Hong Kong film industry buoyed as Japanese fans flock to new hit's sites

An exhibition recreating the world of the Hong Kong film "Twilight of the Warriors: Walled In." (Photo by Kensaku Ihara) KENSAKU IHARA HONG KONG -- Hong Kong is welcoming flocks of Japanese tourists eager to visit sites featured in a surprise hit film set in the era before the city's 1997 handover to China from the U.K. The tourism boom is offering optimism to Hong Kong's faltering film industry.

China ride-hail app CaoCao raises $236m in Hong Kong debut
China ride-hail app CaoCao raises $236m in Hong Kong debut

Nikkei Asia

time25-06-2025

  • Automotive
  • Nikkei Asia

China ride-hail app CaoCao raises $236m in Hong Kong debut

IPO Geely-backed service seeks to challenge market leader Didi CaoCao listed at a price 19% lower than its public offering price. (Photo by Kensaku Ihara) KENSAKU IHARA HONG KONG -- Chinese ride-hailing service CaoCao listed on the Hong Kong Stock Exchange on Wednesday, raising 1.85 billion Hong Kong dollars ($236 million) to help fund its efforts to take on Didi, which commands the national market. The company, a division of privately owned Chinese automaker Geely, listed at a price 19% lower than its public offering price. The market capitalization as of Wednesday was about $2.42 billion.

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