Stocks are set to log another winning week, buoyed by a rally of Chinese property developers. China says it will support first-time homebuyers while banks are easing mortgage financing. ( read original story ...)
China’s Biggest Mall Manager Plans Hong Kong Listing
The unit of Chinese conglomerate Dalian Wanda was valued at $28 billion in a recent fundraising round. ( read original story ...)
Crypto-to-fiat liquidity startup Xanpool raises $27M
Valar Ventures, a VC firm co-founded by PayPal co-creator Peter Thiel, leads a $27 million funding round for Hong Kong-based crypto-to-fiat liquidity startup Xanpool. ( read original story ...)
Hong Kong Inflation Slows In September
Hong Kong's consumer price inflation eased in September, data from the Census and Statistics Department showed on Thursday. The ... ( read original story ...)
Australia asks why Hong Kong considers lobsters national security risk
Australia said it is seeking answers from China on why its lobster exports have been blocked, after a top Hong Kong customs official said Beijing had imposed trade restrictions and lobster smuggling ... ( read original story ...)
Hong Kong SIM Registration Law Raises Privacy Concerns
A new Hong Kong telecommunications law requiring users to register SIM cards using their legal names could further stoke fear in a city already grappling with the national security law, experts say. ( read original story ...)
Evergrande and PwC in Hong Kong regulator’s crosshairs
As if the debt problems of China Evergrande Group were not bad enough, the world’s most indebted property firm and its auditor PwC, one of the Big Four accounting firms, are being probed by Hong ... ( read original story ...)
Coronavirus: last-minute cancellation of Hong Kong ‘cruise to nowhere’ after crew member’s positive result affects 1,200 passengers
Centre for Health Protection says it is investigating suspected ‘repositive case’ involving crew member on Royal Caribbean’s Spectrum of the Seas. ( read original story ...)
Hong Kong Tech Shares Are Beating China Peers by Most Since 2019
Hong Kong-listed technology stocks are on track to outperform their mainland China counterparts by the most in almost three years, with cheaper valuations and easing regulatory concerns drawing ... ( read original story ...)
Bank of China (Hong Kong) Limited – Update
Hong Kong banks’ operating environment is supported by expectations of steady economic recovery. Capital and liquidity – the key ... ( read original story ...)
Hong Kong-based fintech XanPool raises $27M for its decentralized payment network
XanPool, a payment infrastructure provider that facilitates faster crypto and fiat settlements, announced today it has raised a $27 million Series A led by Valar Ventures. The round included ... ( read original story ...)
New Hong Kong bus tour is meant to put people to sleep
A Hong Kong tour company noticed patrons falling asleep on its buses ... he couldn't sleep at night," Kenneth Kong, ulu's marketing and business manager told the Associated Press. "But when he was ... ( read original story ...)
Hong Kong halts cruise-to-nowhere as COVID-19 suspected in crew member
Hong Kong authorities prevented a Royal Caribbean cruise ship from departing the city's terminal late on Thursday as a crew member was suspected to have COVID-19 after routine testing, the government ... ( read original story ...)
Hong Kong SPACs: Five Things You Need To Know.
The “SPAC”-ulation is over! On September 17, 2021, the Stock Exchange of Hong Kong Limited (the Stock Exchange) issued a much anticipated consultation paper on Special Purpose Acquisition Companies ... ( read original story ...)