Chinese AI chip startup Biren Technology aims to launch a Hong Kong initial public offering in the coming weeks, four sources with knowledge of the matter said. The IPO could raise $300 million, local Chinese media reported.

Senior party members previously alleged they had been told to disband or face severe consequences, including possible arrest.

Caution prevails as investors weigh China’s growth prospects after key economic data showed a deceleration across the board.

By Jessie Pang, James Pomfret and Angie Teo HONG KONG/TAIPEI, Dec 16 (Reuters) - Several former colleagues of Hong Kong media mogul Jimmy Lai at the Apple Daily newspaper reacted with dismay at his national security conviction,

These problems first took root as China prepared to assume control of Hong Kong from Britain, in 1997. Concerned that the transition would scare off foreign investors, Chinese leaders tried to woo real-estate tycoons and other business elites by giving them key roles overseeing the city’s future governance.