New guidelines continue China’s crackdown on freedoms since the city’s 2019 democracy protests ... ( read original story ...)
China Youran Dairy raises $643 mln in Hong Kong IPO – sources
China Youran Dairy Group 9858.HK raised $643 million in its Hong Kong initial public offering (IPO) by pricing its shares at the bottom of an indicated price range at HK$6.98 each, according to two ... ( read original story ...)
Hong Kong Bourse May Snap Lengthy Losing Streak
The Hong Kong stock market has finished lower in seven straight sessions, sinking more than 730 points or 2.4 percent along the way. The Hang Seng Index now rests just beneath the 28,740-point plateau ... ( read original story ...)
Forkast Raises $1.7M in Seed Funding
Forkast, a Hong Kong-based blockchain-focused multimedia platform, raised $1.7M in seed funding. The round was led by AMTD Group, Fenbushi Capital, Alibaba Entrepreneurs Fund, Animoca Brands, ... ( read original story ...)
UK report says Hong Kong security law used to ‘drastically curtail freedoms’
Beijing has broken its legal obligations by undermining Hong Kong's high degree of autonomy and used a national security law to "drastically curtail freedoms" in the global financial hub, according to ... ( read original story ...)
Swire’s ‘next chapter’ ends as scion leaves Hong Kong
Merlin Swire’s appointment as chair of the storied Hong Kong trading house in 2018, which bears his family’s name, was billed as the beginning of the group’s “next chapter”. The 47-year-old was the ... ( read original story ...)
Huawei’s Meng Wanzhou wants HSBC evidence kept secret in Canadian extradition battle
The Huawei executive’s lawyers seek a publication ban on the ‘copious’ documents, obtained as a result of a Hong Kong lawsuit, while Canadian government lawyers will oppose secrecy. ( read original story ...)
Hong Kong to update air-quality plan, with city’s power companies facing lower emissions targets from 2026
New caps on sulphur dioxide, nitrogen oxide and respirable suspended particles to come into force, with city to phase out reliance on coal. ( read original story ...)
Airwallex to introduce new virtual payment card for businesses in Hong Kong as rivalry intensifies
Airwallex’s new virtual card represents the latest business-to-business offering in partnership with Visa as rivalry in borderless payment systems heats up. ( read original story ...)
Hong Kong chides EU over remarks on electoral system changes
Hong Kong's government criticised the European Union on Thursday after the bloc denounced a major overhaul of the city's political system as a breach by China of its international commitments. ( read original story ...)
Hong Kong announces plan for all banks to go fintech by 2025
The HKMA has announced plans to ensure all banks are transformed into fintech facilities through the ‘Fintech 2025’ strategy. ( read original story ...)
Geek+ Wins Contract from Hong Kong’s Circle K to Deploy Depot Robots
Geek+, a Beijing-based startup focusing on developing robotics and artificial intelligence technologies to improve warehouse efficiency, has secured a contract to deploy its autonomous mobile robots ... ( read original story ...)
Hong Kong’s anti-discrimination watchdog slams pro-establishment politicians’ ‘stigmatisation’ of coming Gay Games
Equal Opportunities Commission chair says pro-establishment lawmakers who oppose the Games are making ‘a mountain out of a molehill’. ( read original story ...)
Hong Kong considers own centralised digital currency
The Hong Kong Monetary Authority (HKMA) is exploring whether to launch a centralised digital currency as part of the country's "Fintech 2025" strategy". The HKMA will soon begin a comprehensive study ... ( read original story ...)