Hong Kong Press Releases

Gray Financial Capital, a leading provider of financial planning and advisory services, announced today that it has acquired Rosenhof Partners.

GSK PLC, the British pharmaceutical company, announced on Tuesday a $1.4 billion acquisition of Aiolos Bio Inc., which would expand its respiratory portfolio.

The mid-flight mishap on a Boeing 737 Max 9 airplane last week was the latest in a series of issues for the aircraft manufacturer, whose shares fell roughly 8% Monday as investors responded to the plane's suspension.

Microchip Technology (MCHP) shares recovered from early losses Tuesday after Jefferies analysts boosted their price objective for the company and predicted a "Analog Renaissance."

Urban Outfitters Inc. (URBN) is the latest fashion store to announce excellent 2023 holiday sales. The announcement boosted shares on Tuesday.

Rocket Lab USA (RKLB) stock soared after the satellite launch business said it had acquired a $515 million federal contract.

RayzeBio Inc. (RYZB) shares soared Tuesday after Bristol Myers Squibb Co. (BMY) announced a $4.1 billion acquisition of the radiopharmaceutical therapy business to extend its cancer treatment choices.

Web3 games represent a new generation of games built on blockchain technology and decentralized principles.

Apple Inc. (AAPL) is fighting a ban on several of its smartwatches after President Joe Biden's administration opted not to intervene.

Softbank's American depository receipts (ADRs) rose around 2.5% on Wednesday after the firm indicated it will get additional T-Mobile US (TMUS) shares as part of the acquisition of Sprint.

Tesla's (TSLA) most popular model is reportedly undergoing changes.

With the Christmas shopping season almost over, merchants are preparing for the next stage of the cycle, when consumers begin to send in returns.

Nvidia Corp. (NVDA) stock fell on Friday after the semiconductor company launched a slower gaming processor in China to comply with new US limitations on technology sales to that nation.

In the morning of Friday, shares of Fisker (FSR) increased when the business said that it had delivered 4,700 automobiles in 2023, which was the first year that it had ever delivered vehicles.

Bangkok's exhibition landscape is set for a transformation as Pixelmate Exhibition Co., Ltd., a leader in exhibition booth construction, unveils its innovative approach to trade show displays and stand design.

Warner Bros. Discovery (WBD) and Paramount (PARA) are rumored to be in early negotiations regarding a mega-merger in the entertainment industry.

Carnival Corp. (CCL) stock rose on Thursday after the firm announced record fourth-quarter and full-year revenue and forecasted another great year in 2024.

Paychex (PAYX) was the S&P 500's worst-performing stock on Thursday after the payroll services provider missed revenue projections due to macroeconomic factors squeezing demand.

Karuna Therapeutics (KRTX) shares increased by more than 46% after Bristol Myers Squibb (BMY) announced a $14 billion acquisition of the biopharmaceutical company to extend its neuroscience portfolio.

Rocket Lab USA (RKLB) stock soared after the satellite launch business said it had acquired a $515 million federal contract.

The stock of Intel (INTC) rose on Tuesday after the Israeli government handed the semiconductor company $3.2 billion in incentives for a $25 billion chip manufacturing factory.

ICC (Imagine Creation Combinator), the innovative enterprise focused on the forefront of Web3 gaming, successfully hosted the ICC Camp opening ceremony and a special event on Web3 gaming during the Hong Kong Web3.0 Entrepreneurs Conference and the Web3.0.

Affirm Holdings (AFRM) stocks increased 15% on Tuesday after the payment network announced an expansion of its buy now, pay later (BNPL) connection with Walmart (WMT).

The partnership occurred because RedVilla wanted Strategic Diversification and Stithulf was facing liquidity issues

From December 20th to 21st, ICC (Imagine Creation Combinator) will host a special event on Web3 gaming and the opening ceremony of ICC Camp during the Hong Kong Web 3.0 Startup Summit, Hong Kong Web 3.0 Security Summit, and Web 3.0 Annual Ceremony.

GM (GM) stock increased by more than 6%. Thursday after it announced employment cuts at its autonomous car branch, Cruise, in the aftermath of an accident that forced authorities to shut down the robo taxi service.

Costco (COST) shares rose more than 4% to a new high in early trading Friday after the company reported fiscal first-quarter earnings that above analysts' forecasts, as shoppers flocked to Costco's food and other items in quest of cheaper pricing.

Palantir Technologies Inc. (PLTR) stock rose on Friday after the data analytics and artificial intelligence (AI) software company obtained a one-year extension of its existing four-year US Army deal for up to $115.04 million.

Stanley Black & Decker Inc. (SWK) stated on Friday that it is selling its attachment and handheld hydraulic tool businesses to Sweden-based mining equipment company Epiroc AB in order to focus more on its main line of products.

Ulta Beauty (ULTA) shares increased by more than 10% following the company's announcement of third-quarter results that exceeded expectations and an increase in guidance that expressed optimism for the upcoming holiday season.

In early trading on Friday, Dell Technologies (DELL) shares fell about 5% as the personal computer manufacturer continued to struggle with the sluggish recovery of that market following a surge in demand during the pandemic.