“It’s time for a clean-up.” DaoCloud, a Shanghai-based cloud computing start-up, had planned a STAR IPO this year, but is now considering a Hong Kong listing instead, deterred by the likelihood of ... ( read original story ...)
If Disneyland dies and Hong Kong’s port shrivels, an alternative ‘Lantau Tomorrow Vision’ could emerge
With a dwindling import-export trade and a 16-year-old theme park struggling to turn a profit, perhaps it’s time to ‘Let It Go’ and repurpose the land to solve the city’s more immediate needs. ( read original story ...)
HKBN, Microsoft Team Up to Support SMEs in Hong Kong
HKBN Group and Microsoft Hong Kong have joined hands to provide the best-fit remote applications for local enterprises. ( read original story ...)
Carbon-neutral goal: CLP eyes hydrogen-powered plants to cut emission as Hong Kong prepares to update 2050 neutrality target
CLP Holdings, the bigger of two power utilities in Hong Kong, aims to reduce its carbon emission level to 0.15 kilogram per kilowatt-hour by 2050 from 0.57 in 2020, by looking at hydrogen fuel as a ... ( read original story ...)
Hong Kong Shares Poised To Reverse Friday’s Losses
The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of ... ( read original story ...)
Analysis: Chinese tech start-ups pull IPO plans as Beijing tightens scrutiny
"It's time for a clean-up." DaoCloud, a Shanghai-based cloud computing start-up, had planned a STAR IPO this year, but is now considering a Hong Kong listing instead, deterred by the likelihood of ... ( read original story ...)
China’s Didi picks Goldman, Morgan Stanley for mega US IPO
HONG KONG: China’s top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans to file confidentially for the New York float this month, two ... ( read original story ...)
Biden team eyes potential threat from China’s digital yuan plans
The People’s Bank of China has rolled out trial issuance of a digital yuan ... for International Settlements along with the United Arab Emirates, Thailand and Hong Kong’s monetary authority. The Biden ... ( read original story ...)
Asia Stocks Set for Steady Start on Growth Outlook: Markets Wrap
Asian stocks look poised for a steady start Monday after a third straight weekly Wall Street advance, with Federal Reserve Chair Jerome Powell flagging the prospect of stronger growth and hiring. The ... ( read original story ...)
Chinese Ride-Hail Startup Didi Prepping US IPO
The Softbank-backed startup has signed on with JPMorgan Chase & Co., Morgan ... Founded about a decade ago, Didi Chuxing had been considering Hong Kong for its IPO in 2020. Didi Chuxing dangled the ... ( read original story ...)
Coronavirus: contact-tracing ‘Leave Home Safe’ app records 3.8 million downloads – representing over half of Hong Kong’s population
Information and technology minister Alfred Sit says around 19,000 people have got tested for Covid-19 over past two months upon being alerted by the app. ( read original story ...)
Trail racing returns to Hong Kong after Covid-19 hiatus; ‘strange’ to be back on a start-line, say racers
The first race in over a year is a welcome break from virtual races as Hong Kong West 25km course records fall. ( read original story ...)
Hong Kong elections: ex-leader CY Leung says he’s undecided on whether to run for city chief executive
Leung, a vice-chairman of China’s top political advisory body, also says he has not been offered the new role as Election Committee convenor. ( read original story ...)
Myanmar crisis: leave or stay? Taiwan, Hong Kong expats among the foreigners counting the cost of doing business
. The 35-year-old first visited the country in 2013 as a volunteer and now owns an engineering service firm, but life in Yangon has become too difficult since the military deposed Aung San Suu Kyi ’s ... ( read original story ...)