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Hong Kong take-private deals soar as cheap valuations tempt investors

Hong Kong-listed firms have been involved in US$4 billion worth of take-private deals already in 2024, compared with US$1.2 billion for the whole of last year, with buyers have often citing undervalued shares as a reason for the deals.

Sinopharm offers to take Hong Kong-listed China-TCM private in nearly US$3 billion deal

A consortium led by state-owned Sinopharm has revived a take-private bid for China-TCM, the Hong-Kong-listed drug maker said on Wednesday, valuing it at US$2.96 billion.

China stocks extend gains led by coal, AI; HK shares up

SHANGHAI, Feb 22 - Chinese stocks rose for a fourth consecutive session post-holidays on Thursday, led by coal and artificial intelligence shares, while.

China stocks jump with AI shares leading on Nvidia forecast; HK shares flat

China stocks jump with AI shares leading on Nvidia forecast; HK shares flat
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