Hong Kong shareholders of Shanghai Henlius Biotech on Wednesday rejected Chinese conglomerate Fosun International's buyout offer, which would have valued the drugmaker at HK$13.37 billion ($1.72 billion).

Asian equities were higher, except for Hong Kong and Mainland China, which were off following President Trump’s 10% tariff threat, which prompted profit-taking after six days of gains.

Shares of Yum China Holdings Inc. (YUMC) rose more than 3% on Friday after the fast food restaurant operator in China received an upgrade from OTR Global but retail reaction on Stocktwits lagged the stock price move.

US President Donald Trump had threatened 60% tariffs on Chinese goods on his campaign trail.

The Hong Kong stock market has finished higher in six straight sessions, rallying more than 1,230 points or 6 percent in that span.

The Company makes available through the Investor Relations section of its internet website at http://ir.yumchina.com its filings with the HKEX as soon as reasonably practicable after electronically filing such materials with the HKEX. These filings may also be obtained by visiting the HKEX's website at http://www.hkex.com.hk.

HONG KONG -- The historic legislation for Basic Law Article 23, aimed at safeguarding national security and ensuring Hong Kong's stability and development, has topped a list of the ten most significant policies by the Hong Kong Special Administrative Region (HKSAR) government in 2024.

On Monday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index gained +2.59% following U.S. President Donald Trump and China President Xi Jinping’s Friday phone call that took place after Asia markets closed and before the U.S. markets opened.

HONG KONG (Reuters) - Chinese battery giant CATL has hired banks, including JPMorgan and Bank of America, to work on a Hong Kong listing, in what could be one of the city's largest offerings in 2025, two people with knowledge of the deal said.

Zijin Mining Group racked up record annual profit after a growth burst that made the Chinese firm as big as global commodities giant Glencore, although it has softened its output targets for this year.

Asian stocks are mixed after U.S. President Donald Trump’s latest comments on tariffs raised uncertainty in Chinese markets.

Asian equities were mixed but mostly lower overnight as Pakistan and Thailand outperformed and Mainland China and Singapore underperformed. US markets were closed yesterday to commemorate the passing of former president Jimmy Carter.