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Economy & Trade April 14, 2026 388 stories in this edition

Why energy firm Sigenergy’s IPO ignited market frenzy with oversubscription of 1,000 times

SCMP Asia / Asia / 1m ago / Iris Deng
Why energy firm Sigenergy’s IPO ignited market frenzy with oversubscription of 1,000 times

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Chinese energy storage firm Sigenergy has ignited a market frenzy with its initial public offering (IPO) plan in Hong Kong, drawing an oversubscription of over 1,000 times, while its listed peer Guoxia Technology enjoyed a rally, as the duo capitalise on the artificial intelligence boom. Shanghai-based Sigenergy, which aims to raise HK$4.4 billion (US$561.6 million) in its IPO, is expected to be 1,414 times oversubsc...

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Chinese energy storage firm Sigenergy has ignited a market frenzy with its initial public offering (IPO) plan in Hong Kong, drawing an oversubscription of over 1,000 times, while its listed peer Guoxia Technology enjoyed...

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90-year-old mother arrested for laundering son’s drug money in South Korea

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Xi's purge continues: China sacks ex-envoy to India Sun Weidong

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IMF cuts 2026 global growth forecast to 3.1pc on Mideast war, warns world economy could be ‘thrown off course’

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IMF cuts 2026 global growth forecast to 3.1pc on Mideast war, warns world economy could be ‘thrown off course’

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