It is understood to have gone cap in hand to existing and new financiers to buy more time for its mooted listing.
Asia-Pacific mixed, Hang Seng rallies 300 points
Stock exchanges across Asia-Pacific region were mixed in the afternoon trading on Thursday as investors digested the Federal Reserve's call to hike interest rates by a quarter-point despite the ...
Temasek’s Sheares Healthcare Makes First Mental Health Investment With Singaporean Startup’s $4 Million Funding Round
Fueling the startup’s expansion is its partnerships with insurance firms. Last December, Hong Kong billionaire Richard Li’s insurance firm, FWD Insurance, announced a partnership with ThoughtFull, ...
US$100 for a day out in Hong Kong? This traveller reveals best budget sights to check out
Keeping track of your finances is all part of being on vacation. Even more so when you find yourself in a city that is notoriously for being expensive like Hong Kong. On Wednesday (March 22), US-based ...
Crowds swarm Art Basel Hong Kong as galleries report sales bonanza
Art Basel Hong Kong is one of the first big events the city has held since dropping its COVID-19 mask mandate this month. Many galleries at the fair said the reopening of the border with mainland ...
Hong Kong Central Bank Raises Policy Rate After Fed Hike
The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 25 basis points to 5.25%, hours after the U.S. Federal Reserve delivered a ...
$132 for a day out in Hong Kong? This traveller reveals best budget sights to check out
Keeping track of your finances is all part of being on vacation. Even more so when you find yourself in a city that is notoriously for being expensive like Hong Kong. On Wednesday (March 22), US-based ...
Hong Kong displays unique advantages in financial oversight amid global turbulence
The Chief Executive of the Hong Kong Special Administrative Region (HKSAR) John Lee Ka-chiu, said recently that troubled Credit Suisse's business in Hong Kong is relatively small, and its business is ...
Hong Kong heiress sues gallery owner over Banksy painting
An heiress of the Hong Kong beverage giant Vitasoy International is suing prominent gallery owner Pearl Lam, saying she has paid 500,000 pounds ($613,000) for a Banksy painting that was never ...
Chinese buyer’s offer for this Hong Kong mansion could be new Asia record
The four-story property is located at No. 45 Barker Road, with a total floor area of 4,700 square feet (437 square meters), the Hong Kong Economic Times reported, citing an unidentified market source.
Remember Neopets? This Hong Kong Company Is Trying To Revitalize The Nostalgic Game With Web3 Technology
The heyday of Neopets has long gone. But Dominic Law, CEO of Neopets Meta, thinks the two decades-old virtual pet game has all the right ingredients to become a Web3 title.
Temasek’s Sheares Healthcare backs Asia-focused mental health startup Thoughtfull
Southeast Asia’s mental health startups are getting more investor attention ... to provide access to affordable mental healthcare in Hong Kong and Thailand. One of the reasons it works with insurers ...
Breakfast briefing: Fed hikes +25 bps, signals more
Fed stays focused on inflation-fighting; US landlords wavering; Hong Kong gets liquidity stress; UK inflation stays high; ASIC warns fund managers to keep valuations current; UST 10yr 3.55%; gold and ...
Asia markets set to fall after Fed raises rates; Hong Kong bucks the trend
Some investors was hoping such an expansion would help prevent the crisis from spreading further. Financial conditions seem to have tightened more than the U.S. benchmark indexes indicate, Federal ...