Didi Global (DIDI) has submitted a Hong Kong ride‑hailing licence application, according to Hong Kong Economic Journal

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Didi Global (DIDI) has submitted a Hong Kong ride‑hailing licence application, according to Hong Kong Economic Journal. Licence applications of this kind are early-stage procedural steps; the read that matters is not the filing itself but the regulatory posture it tests. Hong Kong's ride-hailing framework has historically been restrictive, with incumbents in the taxi trade lobbying hard against liberalisation, and past episodes of platform entry have run through long consultation cycles before any operating approval. For Didi specifically, form matters: the company has prior experience of heavy regulatory scrutiny in its home market, and overseas expansion has been its stated path to growth with domestic share largely saturated. The distinction worth drawing is between a licence application and a licence grant; the former is cheap and frequently filed without follow-through, the latter is what opens the revenue channel. The follow-ons are the transport authority's response, any conditions attached, and whether incumbent taxi interests mobilise against it. Until approval, this is positioning rather than earnings. 29 Oct, 22:22 Vale (VALE) Q3 (USD) net 1.26bln (prev. 2.4bln Y/Y), pro forma EBITDA 3.51bln (exp. 3.32bln), rev. 10.6bln (exp. 10.1bln), iron ore output 88.35mln tons (exp. 91.64mln tons) 29 Oct, 12:03 Novo Nordisk (NOVOB DC/NVO) to present new CagriSema and Wegovy data at ObesityWeek 2026, including data on real-world treatment experience with the Wegovy pill 29 Oct, 10:11 China's gaming regulator approves 183 domestic games and 12 imported games in October (prev. 206 total in September) 29 Oct, 09:22 BYD Electronic (0285 HK) 9-month 2026 (RMB): net profit -69.3% Y/Y to CNY 963mln, revenue +3.38% Y/Y 127.46bln 29 Oct, 01:10 OpenAI’s Astra model becomes top distillation target for China’s AI labs, while Moonshot AI and DeepSeek utilise OpenAI’s Astra outputs for new models released this month, according to The Information Silicon Motion (SIMO) Q3 (USD) EPS 4.35 (exp. 3.30), rev. 560mln (exp. 533mln) 1 day ago Deutsche Telekom (DTE GY) is backing off on a merger with T-Mobile US (TMUS), according to reports 1 day ago Genmab (GMAB/GMAB DC) announced positive topline results from the global Phase 3 LiGeR-HN1 trial evaluating petosemtamab 1 day ago Eli Lilly’s (LLY) retatrutide delivered greater A1C reduction and more than double the weight loss of Novo Nordisk’s (NOVOB DC) Ozempic at its highest approved dose in head-to-head trial 1 day ago TPG pursues USD 5bln acquisition of UK data centre group Ark, according to FT 1 day ago Syngenta targets at least a USD 66bln valuation in Hong Kong IPO 2 days ago HP (HPQ), Asus (2357 TT) and Acer (2353 TT) are shifting some PC production from Thailand and Vietnam back to China to combat soaring component costs driven by AI-related memory and storage shortages, reports Nikkei citing sources 2 days ago Universal Music Group (UMG NA) discusses going private with buyout firms, according to Bloomberg 3 days ago Japan's Sakana AI to build homegrown model to cut US and China reliance, reports Nikkei 3 days ago Japan's Sakana AI to build homegrown model to cut US and China reliance, Nikkei reports 3 days ago Foxconn (2317 TT) has brought online an AI factory powered by an NVIDIA (NVDA) DGX supercomputing cluster 3 days ago US FDA has approved Novo's (NOVOB DC) once-weekly insulin treatment for paediatric patients with type 2 diabetes mellitus 6 days ago Toyota (TM) to recall 68k late model 2022-2024 Lexus NX vehicles in the US due to a display flaw 6 days ago Genmab (GMAB) Phase 3 Rina data in ovarian cancer shows PFS and OS endpoints were met 6 days ago

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