Hong Kong’s de facto central bank said it has stepped in the foreign currency market to defend the Hong Kong dollar for the first time since May, bringing a key property loan interest rate closer to a ... ( read original story ...)
Goldman-Backed Heart Valve Startup Is Said to Mull Hong Kong IPO
Venus MedTech, a Chinese developer of heart valve replacements backed by Goldman Sachs Group Inc., is considering a Hong Kong initial public offering, people with knowledge of the matter said. Venus, ... ( read original story ...)
Logistics startup Lalamove seeks to expand in Malaysia
After raising US$100 million (around HK$780 million) in series C funding in October last year, Hong Kong logistics startup Lalamove has ventured into the Malaysia market, testing its services in Kuala ... ( read original story ...)
Hong Kong-based GSR Capital To Invest $270 Million In Blockchain Startup tZero
Hong Kong-based private equity firm GSR Capital recently announced that it will invest $270 million in a blockchain-based startup of Overstock.com (NASDAQ:OSTK) . A press release published by the Amer... ( read original story ...)
Hong Kong’s civil service replaces Google as graduates’ most ideal employer, survey finds
In Singapore, for example, the industry’s average ranking among business students fell from 15 in 2012, to 38 in 2018. But banks made gains in Hong Kong this year. Alongside JPMorgan moving from fourt... ( read original story ...)
Hong Kong Club Braces for Protests at Independence Talk
Hong Kong police said they approved three applications to stage protests outside the FCC’s clubhouse in the central business district, but denied a fourth for lack of members. One group calling itself ... ( read original story ...)
Lack of funding hounds Hong Kong startup ecosystem
The challenge in accessing funding remains a major obstacle for Hong Kong’s plan to become a hub for startups in Asia. In this regard, Singapore continues to be the most dominant market. Aside from th... ( read original story ...)