Chinese short video giant Kuaishou is preparing to raise $5bn in a Hong Kong listing, according to several people familiar with the situation, as its main rival ByteDance struggles to resolve US and ... ( read original story ...)
Hong Kong stocks lead losses in Asia-Pacific as investors react to central bank developments
Investor reaction to recent announcements from the Fed was watched, as members of the U.S. central bank's policymaking committee indicated the overnight rate could stay close to zero for years to ... ( read original story ...)
Hong Kong shares track broader Asia lower as Fed disappoints
Hong Kong shares ended lower on Thursday, tracking weakness in other Asian markets, after the U.S. Federal Reserve pledged to keep interest rate low but stopped short of offering fresh stimulus to ... ( read original story ...)
Here’s the pitch deck news audio startup Curio used to persuade Hong Kong billionaire Li Ka-shing’s Horizons Ventures to back its $9 million round
Curio says listening increased 40% through the pandemic, despite a widespread belief that audio platforms are primarily used by commuters ... ( read original story ...)
Disney’s ‘Mulan’ Gets Cold Reception in Boycott-Leading Hong Kong
Based on a Chinese folk story, the film has provoked a backlash in the Chinese-ruled city and elsewhere over its star's comments of support for Hong Kong police during protests last year and for being ... ( read original story ...)
BlackRock to jump on Hang Seng Tech Index bandwagon with new ETF
BlackRock is set to launch a Hong Kong-listed exchange traded fund on Thursday that focuses on the new Hang Seng Tech Index, becoming the fourth fund provider to do so in the past few weeks. The ... ( read original story ...)
Hong Kong expecting nine new Covid-19 cases, as city faces return of infections from unknown sources
Hong Kong is facing nine new Covid-19 cases on Thursday, a source said, with a number of those involving local transmission from unknown sources. There has been a gradual decline in the number of ... ( read original story ...)
Coronavirus and globalisation: the surprising resilience of container shipping
Although the pandemic has brought chaos to the global economy, many lines are making more money this year than last ... ( read original story ...)
ByteDance rival Kuaishou aims to raise up to $5 billion in Hong Kong IPO – sources
HONG KONG (Reuters) - Chinese online short video start-up Kuaishou aims to raise up to $5 billion in a Hong Kong initial public offering (IPO) as early as January, people with direct knowledge of the ... ( read original story ...)
Hong Kong’s Ocean Park to reopen on Sept. 18 after over two-month closure
File photo taken with a mobile phone shows tourists having fun at Ocean Park in Hong Kong, south China, June 15, 2020. (Xinhua/Wang Shen) HONG KONG, Sept. 17 (Xinhua) -- Hong Kong's iconic theme park ... ( read original story ...)
Forget Banana Bread, Try This Dish Sponge: Pandemic Inspires ‘Illusion Cakes’ in Hong Kong
Dear Harley Cake Studio's founders Alison Chan and Cony Lam came up with the idea after baking a custom cake for Chan's nephew, who loves bananas: a thin layer of yellow fondant wrapped around dark ... ( read original story ...)
Hong Kong Blockchain Week 2020 Goes Virtual to Feature International Leaders of Finance and Tech
Hong Kong Blockchain Week 2020 hosted by The NexChange Group will be held between the 17th and 19th of November 2020. The core event of the week is the Block O2O Virtual Global Summit which is set for ... ( read original story ...)
Standard Chartered CEO says Hong Kong is ‘very, very safe’ as a banking center
"The fact is Hong Kong is sitting here as the gateway to China for capital into China and out of China. That's only become more clear," said StanChart's CEO Bill Winters. ( read original story ...)
Hong Kong’s First Virtual Bank Partners with Accuity to Meet Compliance Requirements and Improve Customer Experience
Stock quotes by finanzen.net SINGAPORE and HONG KONG, Sept. 17, 2020 /PRNewswire/ -- Accuity, the leading global provider of financial crime screening, payments and counterparty know your customer ... ( read original story ...)