Artificial intelligence-powered robot developer CloudMinds Inc. is considering a Hong Kong initial public offering that could raise as much as $500 million, according to people familiar with the ...
Losses from cryptocurrency scams double to HK$1.7 billion in Hong Kong last year, with 67 per cent spike in cases
According to police, 2,336 cryptocurrency-related scams reported in Hong Kong last year One female vice-president of fashion company duped out of digital tokens worth HK$6 million trying to buy kitten ...
Hong Kong Is Shutting the Last of Its Covid Quarantine Camps. Now What?
In a city where the unaffordability of housing is among the most urgent issues, some are pressing the government to utilize the pandemic relics to alleviate the problem.
Hong Kong’s FILMART 2023 Showcases a New Era of Homegrown Blockbusters
After three consecutive years of hosting its programming virtually, the Hong Kong International Film & TV Market (FILMART) is making its physical return at its home venue, the Hong Kong ...
Abby Choi’s father-in-law’s case prompts Hong Kong authorities to review asset policy for subsidised flat buyers
Kwong Kau had HK$73 million property in his name when purchasing subsidised flat sparking concerns about loopholes in policy Permanent Secretary says government has not checked income and assets of ...
SoftBank-Backed CloudMinds Is Said to Weigh $500 Million HK IPO
Artificial intelligence-powered robot developer CloudMinds Inc. is considering a Hong Kong initial public offering that could raise as much as $500 million, according to people familiar with the ...
Hong Kong likely to ease valuation, track record proposals for ‘specialist Big Tech’ IPOs in latest reform plan, sources say
The minimum valuation for pre-revenue tech companies could be set between HK$10 billion and HK$12 billion, versus HK$15 billion in reform proposal The Chamber of Hong Kong Listed Companies supports ...
Hang Seng Bank celebrates 90th anniversary
A celebratory event was held with Hong Kong’s chief executive and the bank’s chairman and CEO. Hang Seng Bank has marked its 90th anniversary since it was first founded. The bank first opened its ...
Hong Kong Apartment Project Sold Out in a Day as Slump Fades
Hong Kong’s biggest developer sold hundreds of new apartments in a day, the latest sign that the housing market is recovering from last year’s slump.
Hong Kong Apartment Project Sells Out in a Day in Recovery Sign
Hong Kong’s biggest developer sold hundreds of new apartments in a day, the latest sign that the housing market is recovering from last year’s slump.
China Box Office: Hong Kong’s ‘Cyber Heist’ Takes Top Spot in Mainland Chinese Cinemas
Cyber Heist,” a crime thriller directed by Hong Kong’s Wong Hing-fan (“I’m Livin’ It”) and scripted by Soi Cheang (aka Cheang Pou Soi), took the top spot at the mainland Chinese box office over the ...
Hong Kong elite pressed to give up western passports
Beijing is pressing Hong Kong’s elite to give up their western passports in order to be selected for the Chinese parliament as it tries to stamp out foreign influence and tighten control of the ...
China border reopening kick-starts doubling of Standard Chartered wealth-management income in Hong Kong, executive says
Bank reports 3.5 times increase in mainland China residents opening accounts in Hong Kong in January and February, compared with same period in 2022 Sales of insurance to mainland visitors will return ...
HSBC launches RewardCash-based e-shop for Hong Kong Visa platinum cardholders
HSBC has launched a RewardCash-based e-shop in Hong Kong, accessible via the HSBC Reward+ mobile app. HSBC Visa Platinum cardholders in the city can now shop at PARKnSHOP, Watsons, and FORTRESS with ...