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Month: December 2020

Posted on 22/12/2020

Jacobio Pharmaceuticals CEO on Hong Kong IPO, Biotech

Dec.21 -- Wang Yinxiang, chairman and chief executive officer at Jacobio Pharmaceuticals Group Co. Ltd, discusses the company’s IPO on Monday, what they’re planning to do with the funds and his ... ( read original story ...)

Posted on 22/12/2020

Hong Kong office market recovery is falling into place as Central rents plunge

Successive shocks in the past three years have made Hong Kong’s central business district more competitive. Further falls in rents, decentralisation, improved connectivity and renewed mainland ... ( read original story ...)

Posted on 22/12/2020

Hong Kong keeps its edge as Asia’s air transport hub for DHL and other logistics firms amid rivalry in Greater Bay Area

Hong Kong remains a major air transport hub for global logistics firms but the city’s advantages built over decades will be tested by the emergence and expansion of airports in the Greater Bay Area. ( read original story ...)

Posted on 22/12/2020

Analysis: New blank-check firms arm up for Asian unicorn hunt

A new fundraising frenzy that swept Wall Street this year looks set to take hold in Asia with more than a dozen special purpose acquisition companies, or SPACs, on the hunt for fast-growing technology ... ( read original story ...)

Posted on 22/12/2020

Continued Consolidation Predicted For Hong Kong Shares

The Hong Kong stock market has finished lower in back-to-back sessions, retreating more than 370 points or 1.4 percent along the way. The Hang Seng Index now sits just above the 26,300-point plateau ... ( read original story ...)

Posted on 22/12/2020

RCEP deal, China’s dual circulation strategy to strengthen Hong Kong’s status as international trade, finance hub, Victor Fung says

RCEP is a huge opportunity for Hong Kong as it signals the beginning of a new era in global trade and will help expand and strengthen supply chains in Asia, Fung Group chairman says ... ( read original story ...)

Posted on 22/12/2020

Hong Kong parking space transactions rise as investors capitalise on removal of double stamp duty

The sales of parking spaces in Hong Kong jumped about 37 per cent in the first 18 days of this month, as investors encouraged by the removal of the double stamp duty on non-residential property ... ( read original story ...)

Posted on 22/12/2020

A Hong Kong Activist, Nathan Law, Seeks Political Asylum in Britain

The prominent dissident fled to London shortly before a security law was imposed in Hong Kong. Affording him asylum would likely incense China. ( read original story ...)

Posted on 22/12/2020

Hong Kong police arrest a coronavirus patient who fled the hospital.

A 63-year-old coronavirus patient has been arrested in Hong Kong after his escape from a hospital isolation ward set off a frantic manhunt across the city. Hong Kong, a semiautonomous Chinese ... ( read original story ...)

Posted on 22/12/2020

I left Hong Kong for London so I could tell Britain the truth about China

Since I was forced to flee my city, I’ve continued my activism for democracy from the UK, says Nathan Law, a politician and activist from Hong Kong ... ( read original story ...)

Posted on 22/12/2020

Jack Ma reportedly tried and failed to schmooze China with an offer to give ‘any of the platforms Ant has’ to the government before officials pulled its $37 billion IPO

Chinese billionaire Jack Ma's reported offer came after he publicly scorned the government and before China pulled Ant's groundbreaking IPO. ( read original story ...)

Posted on 22/12/2020

Coronavirus: Hong Kong bans all passenger flights from Britain in bid to stop mutated strain from reaching city

Hong Kong has announced an unprecedented ban on all passenger flights from Britain starting from midnight on Monday as a drastic measure to shut out a more infectious strain of Covid-19 that has been ... ( read original story ...)

Posted on 22/12/2020

Hong Kong antitrust watchdog accuses medical gas supply giant of using monopoly position in market to exclude competition

Hong Kong's antitrust watchdog on Monday brought its first court case on abuse of market power against a medical gas supply giant for allegedly using its de facto monopoly position to exclude ... ( read original story ...)

Posted on 21/12/2020

Hong Kong-based logistics startup nets $10m in pre-series A round

Zeek, a Southeast Asia-focused logistics startup, announced that it has secured US$10 million ... and data analytics applications. Launched in Hong Kong, the firm has expanded its business presence in ... ( read original story ...)

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