Hang Seng swings between gains and losses amid growing concerns about a slump in Chinese tech earnings as the economy stumbles under Covid lockdowns HSBC, Kuaishou and Hong Kong property developers ... ( read original story ...)
Major unions give green light on suggestion to bump Hong Kong civil servants’ pay by as much as a record 7.26 per cent
Lee Fong-chung, chairman of the Hong Kong Senior Government Officers Association ... The government will also consider factors such as public finance, consumer prices, civil service groups' claims and ... ( read original story ...)
Crypto lender Babel Finance valued at $2 billion after latest fundraising
Hong Kong-based Babel Finance said on Wednesday it had raised $80 million in a new funding round that valued the cryptocurrency lender and asset manager at $2 billion. ( read original story ...)
Sequoia China-Backed Crypto Financial Services Firm Hits $2 Billion Valuation
Babel Finance's latest funding round comes as the crypto market is struggling to recover from the spectacular collapse of TerraUSD and Luna. ( read original story ...)
Hong Kong cryptocurrency group Babel hits $2bn valuation
Hong Kong-based crypto financial services startup Babel Finance said Wednesday it has raised $80 million in its latest funding round, valuing the company at about $2 billion, despite a meltdown in ... ( read original story ...)
Hong Kong grants Greater Bay Airlines status to open talks with foreign countries
Greater Bay Airlines was awarded designated status from the Hong Kong government, allowing the company to open negotiations with foreign countries to fly 104 routes, the head of the start-up carrier ... ( read original story ...)
Hong Kong’s New Leader Heralds a Dark Era
John Lee’s elevation reflects the distrust and paranoia that have flourished in Beijing and among Hong Kong’s political elites. ( read original story ...)
Tiananmen Memorial Masses Will Not Be Held in Hong Kong This Year Amid Security Law Concerns
Last year, at least seven churches in Hong Kong offered candlelight vigil Masses on the anniversary of the Tiananmen Square massacre. ( read original story ...)
Tiger Global-Backed YSB Is Said to Seek $300 Million in H.K. IPO
Pharmaceutical sales platform YSB Inc. is looking to raise about $300 million in its Hong Kong initial public offering, according to people familiar with the matter.Most Read from BloombergPlot to ... ( read original story ...)
Hong Kong, Macau police arrest 22 over money-laundering syndicate behind HK$2.2 billion in suspected crime proceeds
HK$84 million linked to 32 cases of deception, including 15 phone scams, six investment frauds and five internet love swindles. ( read original story ...)
Over 1,000 political prisoners in Hong Kong since the 2019 protests (INFOGRAPHIC)
According to the Hong Kong Democracy Council, more than three-quarters are under the age of 30, more than 15% are under the age of 18. At least 179 opponents are in custody; 1,159 are on trial. Yester ... ( read original story ...)
Pru extends Hong Kong adventure with CEO pick
UK-founded insurer Prudential has made another move towards its Asia-focused future by nominating Anil Wadhwani as its new chief executive. The former head of rival Manulife’s operations in the region ... ( read original story ...)
Hong Kong energy trader struggles for survival as creditors circle
Hong Kong oil and gas trader NewOcean Energy is fighting a new petition to wind up the company as it negotiates with creditors over hundreds of millions of dollars in overdue debt. The company, which ... ( read original story ...)
‘The Guy With the Gun Is Now Running Hong Kong’
John Lee’s elevation reflects the distrust and paranoia that have flourished in Beijing and among Hong Kong’s political elites. ( read original story ...)