Nuobikan Artificial Intelligence Technology plans to raise around $50 million via a Hong Kong listing, joining a wave of Chinese companies racing to list in the city ahead of the new year.

By Jessie Pang and James Pomfret HONG KONG, Dec 14 (Reuters) - Hong Kong's last major opposition party disbanded on Sunday after a vote by its members, the culmination of Chinese pressure on the city's remaining liberal voices in a years-long security crackdown.

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.

Hong Kong actor Jacky Heung, son of entertainment tycoon Charles Heung, has spoken publicly about the pressures of working in the entertainment industry, admitting that the environment often frightens him.