Hong Kong’s bike-sharing service Gobee.bike said on Thursday that it has raised US$9 million in its first venture capital round of funding, as the startup looks to finance its expansion in the city and overseas. The Series A funding round was led by ... ( read original story ...)
Business conditions in Hong Kong improving at fastest rate in last three years, according to key survey results
Hong Kong’s private sector grew at its fastest rate in nearly three and a half years last month due to greater demand from across the border, though the prospect of higher interest rates is still causing pessimism at companies, a key economic indicator ... ( read original story ...)
Hong Kong stocks slip, weighed down by financial, energy shares
Aug 3 (Reuters) - Hong Kong stocks followed other Asian markets lower on Thursday, as investors paused for breath after recent strong gains in financial and resources firms. The Hang Seng index fell 0.3 percent, to 27,531.01 points, while the China ... ( read original story ...)
Hong Kong stocks retreat from two-year high
Hong Kong’s stock market opened lower on Thursday after rallying ... The overseas markets are moving on results so they are not very indicative,” said Alex Wong, a director at Ample Finance Group. “The market has been very strong for the past few ... ( read original story ...)
Hong Kong Startup Is Said Close to $500 Million Valuation (2)
(Bloomberg) -- TNG FinTech Group Inc., a Hong Kong-based digital wallet operator founded in 2013, is poised to close a funding round and is targeting a valuation of about $500 million, according to a person familiar with the matter. The firm has attracted ... ( read original story ...)
China’s Meituan-Dianping aims to raise up to $5 billion from Tencent, others: source
HONG KONG (Reuters) - Chinese internet firm Meituan-Dianping ... for which Meituan is in talks with several global institutional investors, would likely value the start-up at about $25 billion to $30 billion, the person said. About $1 billion of the ... ( read original story ...)
L’Occitane conceptualises in-store design in China and Japan
Following a healthy second quarter in China, Japan and Hong Kong, which ended on 30th June 2017 ... “We are pleased to report a solid start to FY2018, which was supported by good returns from our ongoing marketing activities, particularly in China ... ( read original story ...)
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China’s Meituan-Dianping Aims Tо Raise Up Tо $5 Billiоn Frоm Tencent, оthers: Sоurce
HONG KONG (Reuters) – Chinese internet firm Meituan-Dianping ... for which Meituan is in talks with several global institutional investors, would likelу value thе start-up at about $25 billion tо $30 billion, thе person said. About $1 billion ... ( read original story ...)
North Korean missile tests could pose a risk to passenger planes
HONG KONG (CNN) - North Korea's accelerated missile testing may ... huge and create a difficult decision for airlines operating in the area. "Does it start a war? Is it an act of war? The impact of what could happen if that did occur are more than just ... ( read original story ...)
Upcoming 2017 Women’s Rugby World Cup likely to be the last for Peterborough native Barb Mervin with Team Canada
"I think it's time to start building a family before it's too late," Mervin ... along with world No. 10 Wales and No. 23. Hong Kong. The three pool winners and the best record of the remaining teams will advance to the semifinals. Canada opens Aug. 9 ... ( read original story ...)
China aluminum capacity cuts boost market leaders, prices
Shares in state-run Aluminium Corp of China (Chalco) have surged 47 percent since the start of July, while shares in Shenzhen ... said analyst Helen Lau of Argonaut Securities in Hong Kong. Both Deutsche Bank and Wood Mackenzie see 3 million tonnes of ... ( read original story ...)
HK’s BOC Aviation to buy 10 Boeing aircraft for $1.25 billion
HONG KONG (Reuters) - BOC Aviation Ltd said on Thursday it would buy 10 new aircraft from Boeing Co for an aggregate list price of $1.25 billion, as it looks to strengthen its future revenue stream by investing in modern, efficient and in-demand aircraft. ( read original story ...)
HK’s BOC Aviation to buy 10 Boeing aircraft for US$1.25 billion
REUTERS/Pascal Rossignol HONG KONG: BOC Aviation Ltd said on Thursday it would buy 10 new aircraft from Boeing Co for an aggregate list price of US$1.25 billion, as it looks to strengthen its future revenue stream by investing in modern, efficient and in ... ( read original story ...)