Hong Kong government initiates $256m fund for tech startups

The Hong Kong government has launched a HK$2 billion ($256 million) Innovation and Technology Venture Fund (ITVF) to stimulate interest from venture capital (VC) funds, in a bid to support local innovation and technology startups. The government and each ... ( read original story ...)

Hong Kong: Man dies at haunted house attraction

A 21-year-old has died after reportedly being struck by a mechanical object while walking through a haunted house attraction in Hong Kong. The man, identified only by his surname Cheung, was found unconscious five minutes after entering the Buried Alive ... ( read original story ...)

The Hong Kong Housing Market: A Bubble About to Burst?

However, low-interest rates and reduced credit underwriting standards have encouraged mortgages, fueling demand. Currently, at this stage of Hong Kong’s economic environment, many critics predict the bursting of the housing bubble as prices continue to ... ( read original story ...)

Hong Kong launches HK$2 billion fund to support tech start-ups

Hong Kong has launched a HK$2 billion (US$256 million) fund to encourage investment in local innovation and technology start-ups, in an effort to boost new economic activity. The government said on Friday it is inviting venture capital funds to apply to ... ( read original story ...)

Hong Kong’s cross-border connection paves way for major IPOs

“Hong Kong had a pipeline of more than 170 IPO applications by the end of August,” Au says. “In addition, plans for about two to three large to mega IPOs mainly by technology-related businesses are likely to be completed before the end of 201 ( read original story ...)