TRUST TEST. A Swedish fintech startup is the latest to cash in on the digital payments boom. BlackRock-backed Trustly said on Monday it is planning an initial public offering in Sweden which Reuters ... ( read original story ...)
Tencent-backed Waterdrop faces pushback on IPO from Chinese regulators: sources
Chinese online insurance technology firm Waterdrop Inc is receiving pushback from domestic regulators on its planned U.S. initial public offering as its business model is seen as risky, four people ... ( read original story ...)
Chinese regulator orders Ant Group to conduct major overhaul
Chinese regulators have ordered Ant Group, a financial affiliate of e-commerce giant Alibaba Group Holding, to become a financial holding company to ease financial oversight ... ( read original story ...)
Covid-19: Hong Kong to ease curbs on restaurants, air travel for vaccinated people in bid to encourage uptake
Hong Kong on Monday announced a road map for easing Covid restrictions on restaurants and some arriving air travellers, under a plan intended to incentivise more people to get vaccinated as community ... ( read original story ...)
Hong Kong stocks fall as tech, consumer firms weigh
Hong Kong stocks fell on Monday, tracking losses in the A-share market, as latest data pointed to signs of liquidity tightening on the mainland. ** At the close of trade, the Hang Seng index was ... ( read original story ...)
Jack Ma’s Ant Group Bows to Beijing With Company Overhaul
In a statement, the People’s Bank of China said Ant representatives were summoned to a ... to sell more than $34 billion worth of stock and list on stock exchanges in Hong Kong and Shanghai, when ... ( read original story ...)
Huawei, HSBC Strike Deal in Hong Kong Over Documents in Extradition Fight
HONG KONG—A monthslong legal fight by Huawei Technologies Co. Chief Financial Officer Meng Wanzhou to obtain documents from HSBC Holdings PLC as part of her battle against extradition to the U.S. ( read original story ...)
Huawei, HSBC agree on document deal for extradition case
HONG KONG (AP) - Chinese telecommunications equipment firm Huawei said Monday that it has reached an agreement with HSBC in Hong Kong to obtain documents that its chief financial office Meng Wanzhou ... ( read original story ...)
Sequoia Capital affiliated fund co-leads $8m round of cryptocurrency startup
Kikitrade, a cryptocurrency social investment platform based in Hong Kong, said it has secured US$8 million ... based blockchain company Everest Ventures Group in March 2020. The startup, which sets ... ( read original story ...)
Clearing the Air About Being Black in Hong Kong
A new podcast is trying to redefine what it means to be Black in Hong Kong, mainland China and across Asia. The exchange encapsulates the lighthearted approach to discussing serious topics in ... ( read original story ...)
Hong Kong Plans to Relax Some COVID-19 Rules for Fully Vaccinated Residents
Hong Kong Plans to Relax Some COVID-19 Rules for Fully Vaccinated Residents Bars and pubs, which are currently shut, would be allowed to resume operations in phases provided all staff and customers ... ( read original story ...)
Hong Kong to Ease Covid Restrictions for Vaccinated People
Hong Kong plans to ease social-distancing rules for people vaccinated against the coronavirus as authorities try to use incentives to boost lackluster takeup in the former British colony. The idea of ... ( read original story ...)
Keymed gears up for Hong Kong IPO
Keymed Biosciences has started laying the groundwork for a planned Hong Kong IPO by filing its initial listing documents with the city’s exchange. ( read original story ...)
K-pop fan meet-ups in Hong Kong: followers of BTS, NCT Dream, Got7 and others celebrate idols’ birthdays, albums, and more at city cafes
Concerts may be on hold but, after a year of social restrictions, K-pop fans and labels are still finding ways to connect in Hong Kong. Birthday cafe events, hosted by fan organisers, are ubiquitous. ( read original story ...)