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Month: August 2019

Posted on 01/08/2019

Hong Kong central bank cuts interest rate for first time in decade

HONG KONG, Aug 1 (Reuters) - The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged through the overnight discount window by 25 basis points to 2.5%, its first cut since late ... ( read original story ...)

Posted on 01/08/2019

Hong Kong Rioting Charges Signal Harsher Line Against Protesters

(Bloomberg) -- Hong Kong’s decision to charge dozens of protesters with a colonial-era rioting charge that carries a 10-year prison term suggested that the government was heeding calls for a tougher ... ( read original story ...)

Posted on 01/08/2019

China’s $70 billion opportunity: An interview with Cheng Hye Cheah, co-chairman of Value Partners

We have to ease into it. If you disrupt them too much, it will be difficult for society. Cheng Hye Cheah is co-chairman and co–chief investment officer of Value Partners. Joe Ngai is a senior partner ... ( read original story ...)

Posted on 01/08/2019

Hong Kong’s IoT startup HOMI SmartHome nets US$1.3M seed funding

HOMI SmartHome, a Hong Kong-based smart home managed services startup, has raised a US$1.3M seed round, led by Singapore-based investors SeedPlus, AngelCentral, and Xoogler Angels. The company will ... ( read original story ...)

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