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Month: February 2019

Posted on 14/02/2019

BitMEX Ventures Leads Seed Round In HK Fintech Start-Up FinFabrik

Hong Kong-based fintech start-up FinFabrik has raised an undisclosed seed funding round led by BitMEX Ventures, an investment arm of BitMEX, owned by Seychelles-based HDR Global Trading Ltd, according ... ( read original story ...)

Posted on 14/02/2019

U.S. autonomous truck startup TuSimple raises $95 million from Sina, others

SHANGHAI (Reuters) - U.S. self-driving truck startup TuSimple said it has raised ... The fresh funds, investors of which also include Hong Kong-based investment firm Composite Capital, will ... ( read original story ...)

Posted on 14/02/2019

Singapore Banks Beat Hong Kong Counterparts In Digital Transformation

Singapore banks are beating their Hong Kong counterparts in terms of digital transformation, according to a research by labor market intelligence startup JobTech which analyzed the state of digitaliza... ( read original story ...)

Posted on 14/02/2019

Hong Kong’s Most Eligible Bachelors: 2019 Edition

WHY HIM? Son of Hong Kong A-listers Ronald and Johanna, 26-year-old Max sports the gentility of a bygone era and the charm of a seasoned Casanova. He currently works in start-ups. CAVEAT: He's very my... ( read original story ...)

Posted on 14/02/2019

Hong Kong pushes ahead with blanket ban on e-cigarettes, with maximum penalty of six months in jail and HK$50,000 fine

It may be the end of the road for vapers in Hong Kong as officials ready a law to choke supply, sale and promotion of e-cigarettes, with a maximum penalty of six months’ imprisonment and a fine of HK$... ( read original story ...)

Posted on 13/02/2019

Hong Kong to allow extradition of criminals to China for first time

He added that anyone who transferred through Hong Kong airport, a major international hub, would be at risk of extradition to China under the amendment. He said the case of Meng Wanzhou, the chief fin... ( read original story ...)

Posted on 13/02/2019

More than 70 per cent of foreign domestic helpers in Hong Kong work over 13 hours a day, Chinese University survey shows

More than 70 per cent of foreign domestic helpers in Hong Kong work over 13 hours a day, a university survey has found. But some of these workers do not get the full salary they are entitled to, accor... ( read original story ...)

Posted on 13/02/2019

Lawmakers warn Hong Kong’s China extradition plans a ‘Trojan horse’

Plans by Hong Kong to allow extraditions to Taiwan, Macau and mainland China following a high-profile murder case could become a "Trojan horse" for Beijing to pursue critics, pro-democracy lawmakers w... ( read original story ...)

Posted on 13/02/2019

Hong Kong and Ireland Look to Forge Closer Financial Co-Operation Including Fintech

The Hong Kong Secretary for Financial Services and the Treasury, James Lau, is visiting Ireland to foster closer financial co-operation between the two countries. According to a release, Lau met with ... ( read original story ...)

Posted on 13/02/2019

Hong Kong Film Awards: ‘Project Gutenberg’ Dominates with 17 Nominations

‘Infernal Affairs’ scribe Felix Chong’s counterfeiting thriller starring Chow Yun-fat and Aaron Kwok was the second most nominated film in the history of the Hong Kong Film Awards. Project Gutenberg, ... ( read original story ...)

Posted on 13/02/2019

Hong Kong banks must step up cybersecurity, protect customers’ data as online scams multiply, warns industry leader

Hong Kong’s banks must step up their efforts to combat cybercrime and protect customers’ data amid a dramatic rise in online attacks, one of the city’s most senior banking executives has warned. Mary ... ( read original story ...)

Posted on 13/02/2019

Hong Kong capital finds way to Vietnam amid trade war

The Vietnamese Ministry of Planning and Investment recorded $19 billion of foreign direct investment from Hong Kong in the first half of 2018. Terence Chiu, head of Commercial Banking at HSBC Bank (Ho... ( read original story ...)

Posted on 13/02/2019

Red tape at Hong Kong Hospital Authority: senior health care official and another board member call for cuts

A senior Hong Kong health care official and another board member at the authority that manages the city’s public hospitals have added their voices to calls for the organisation to slash red tape. Hosp... ( read original story ...)

Posted on 13/02/2019

Allahabad Bank dials RBI for transfer of bad loan from Hong Kong

The bank is, by all probability, set to miss the March deadline set by the government for winding up the branch. KOLKATA: State-run Allahabad Bank has sought Reserve Bank of India’s permission to tran... ( read original story ...)

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