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Christopher Hui: The Hong Kong Stock Exchange has taken into account the needs of different investors when implementing the optimized mechanism for IPO pricing and allocation.
Xu Zhengyu mentioned that the Hong Kong Securities and Futures Commission and the Hong Kong Stock Exchange will continue to closely review the quality of sponsor work and listing applications, and take appropriate regulatory actions when necessary to uphold Hong Kong's reputation as a leading international fundraising hub.
Express News | Jin10 Data Compilation: Daily Technology News Express (May 13)
Little K Morning Report | Musk, Cook and others will accompany Trump on his visit to China; Google reportedly in talks with SpaceX to launch orbital data center.
①The Cyberspace Administration of China has fully deployed and advanced the standardization of content labeling for short videos; ②Anthropic is in talks to raise at least USD 30 billion in funding at a valuation of USD 900 billion; ③CME Group will collaborate with Silicon Data to launch a computing power futures market.
Tencent Music Q1 Revenue Reaches 7.9 Billion Yuan: AI Music Emerges as a New Variable, Himalaya Acquisition Completes Portfolio Enhancement
①Tencent Music achieved total revenue of 7.9 billion yuan in Q1 2026, representing a year-on-year increase of 7.3%; the gross profit margin improved from 44.1% in the same period of 2025 to 44.9%. ②On the same day, the State Administration for Market Regulation conditionally approved Tencent's acquisition of Himalaya equity case, marking that this highly anticipated merger and acquisition in the long-form audio sector has officially entered the implementation stage.
Express News | SAMR Conditionally Approves Tencent's Acquisition of Himalaya Equity
At a Glance: March's Hottest IPOs - Shangmi Technology Approved! Four New Stocks, Including ZhaoWei Electromechanical and EastControl, Undergoing Enthusiastic Subscription.
Hello, fellow investors! The New Stock Observer is here to provide updates on the popular HK IPOs in March and throughout 2026. Fellow investors, check it out now!