Latest news with #PEGGYYE
Nikkei Asia
2 days ago
- Business
- Nikkei Asia
CK Hutchison downplays port sale snag as Victor Li skips briefings
A Chinese flag flutters outside the Cheung Kong Center building, CK Hutchison's headquarters, in Hong Kong on April 1. The conglomerate has been under scrutiny over a move to sell dozens of global ports. © Reuters KENJI KAWASE and PEGGY YE August 14, 2025 22:01 JST TOKYO/HONG KONG -- Victor Li Tzar-kuoi, the chairman of Hong Kong conglomerate CK Hutchison Holdings, skipped earnings briefings with analysts on Thursday, an unusual move as the group brushed off concerns over the fate of a major port sale.
Nikkei Asia
09-07-2025
- Business
- Nikkei Asia
Apple supplier Lens Tech opens 4% up on first Hong Kong trading day
Markets Chinese company raises $608mn to fund overseas expansion amid US tariff pressure Lens Technology and Beijing Geekplus were among a number of companies that listed in Hong Kong on July 9. (Photo by Peggy Ye) PEGGY YE HONG KONG -- Apple supplier Lens Technology announced it has raised 4.77 billion Hong Kong dollars ($608 million) in a share listing in Hong Kong, as the Chinese company looks to expand overseas and reduce its exposure to U.S.-China trade tensions. Shares in the company, which makes iPhone cover glass and metal casings, opened 4% above its offer price of HK$18.18. That represents a 27% discount compared to its closing price on the Shenzhen Stock Exchange the previous day.
