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9987.HKHKSE
HK$378.80
HK$9.00(2.32%)
Hong Kong Market opens in 3h 38m
Xiaomi (HK: 1810) Launches In-House Xring O3 Chip and Partners with TSMC for Production
📅 6 hours ago

Xiaomi (HK: 1810) Launches In-House Xring O3 Chip and Partners with TSMC for Production

Xiaomi unveiled its Xring O3 chip on August 24, 2026, adding another in-house processor to its growing semiconductor effort. Sources familiar with the plans say TSMC will manufacture the chip using 3nm technology. The processor is expected to power Xiaomi’s next flagship foldable, with initial shipments estimated at 200,000 to 300,000 units. Developing its own…

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Shein Targets $27B (£20B) Valuation in Long-Awaited Hong Kong IPO, Raising to $1.8B
📅 6 hours ago

Shein Targets $27B (£20B) Valuation in Long-Awaited Hong Kong IPO, Raising to $1.8B

Shein launched its Hong Kong IPO on Monday, August 24, 2026, targeting a valuation of up to 27billion.Thefast-fashionretaileraimstoraiseasmuchasHK13.86 billion, or 1.77billion.ShareswillpricebetweenHK47.60 and HK$49.50 apiece.  IPO Structure and Timeline Shein is selling 280 million Class B shares in the offering. The company will confirm its final IPO price on August 31, 2026. Trading on the Hong…

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TVS Supply Chain Solutions Rallies 9% to ₹131 on Strategic MoU and Equity Stake by Japan’s Sankyu
📅 8 hours ago

TVS Supply Chain Solutions Rallies 9% to ₹131 on Strategic MoU and Equity Stake by Japan’s Sankyu

TVS Supply Chain Solutions witnessed strong buying momentum on August 24, 2026. Shares surged nearly 9% to trade around ₹131. Investors reacted positively to the strategic Memorandum of Understanding signed with Japan-based Sankyu Inc. Under this alliance, Sankyu plans to acquire a 0.5% equity stake in TVS Supply Chain Solutions.  The deal combines global engineering…

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Trump White House Legislative Director James Braid Exits in September
📅 9 hours ago

Trump White House Legislative Director James Braid Exits in September

White House legislative affairs director James Braid is leaving his post in September. He led Trump’s legislative agenda through Congress, including major bills and Cabinet confirmations.

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Oriental Hotels Stock Surges Over 5% After Indian Hotels Company Merger Approval
📅 9 hours ago

Oriental Hotels Stock Surges Over 5% After Indian Hotels Company Merger Approval

Oriental Hotels shares jumped more than 5% on August 24 after IHCL approved its merger. The Indian Hotels Company and Oriental Hotels boards approved a Scheme of Arrangement. The transaction will combine OHL with its larger associate through an all-stock structure. The scheme remains subject to shareholder, creditor, NCLT, stock exchange, SEBI, and other approvals….

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Oil Price Falls as Markets Brace for Trump’s Plan to Isolate Iran’s Economy
📅 10 hours ago

Oil Price Falls as Markets Brace for Trump’s Plan to Isolate Iran’s Economy

Oil prices fell on August 24, 2026, as traders booked profits ahead of new US sanctions targeting Iran. Brent crude slipped to around $93.17 a barrel, while WTI fell to $85.86. Both benchmarks had gained more than 5% last week as US-Iran talks stalled and supply risks grew. Markets are now watching Trump’s Iran strategy…

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Study: Babies Born Under Sugar Rationing Face Lower Cancer Risk Decades Later
📅 16 hours ago

Study: Babies Born Under Sugar Rationing Face Lower Cancer Risk Decades Later

Study of 64,761 UK adults shows those exposed to sugar rationing in infancy had lower cancer risk decades later. Researchers found reductions in liver, prostate, lung, rectal, and breast cancers.

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Block Ordered to Pay $120M CFPB Restitution for Cash App Fraud Failures
📅 3 days ago

Block Ordered to Pay $120M CFPB Restitution for Cash App Fraud Failures

Block must pay $45M to states and $75M-$120M to Cash App users via CFPB restitution for fraud failures, account security gaps, and inadequate customer support.

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Hong Kong Silver Bonds 2026 Open for Subscription at 4.25% Rate on August 21
📅 3 days ago

Hong Kong Silver Bonds 2026 Open for Subscription at 4.25% Rate on August 21

Hong Kong Silver Bonds 2026 now open for subscription until September 4. Guaranteed 4.25% annual rate beats bank deposits at 2-3%. Three-year bonds issued September 15 for Hong Kong residents born 1967 or earlier.

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