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Category: BUSINESS

Posted on 20/04/2023

Hong Kong treasury minister’s visit to UK to promote business ties met with protest

The attending UK officials were Minister of State in the Department for Business and Trade Dominic Johnson, the Minister of State (Indo-Pacific), Foreign, Commonwealth and Development Affairs, ...

Posted on 20/04/2023

What A Sputtering SPAC Reveals About Ripple’s Billion-Dollar XRP Business

Ripple says that XRP is improving cross-border payments, but new filings from the crypto firm’s Asian partner Tranglo suggest that customer adoption is lagging. So why are Ripple’s XRP sales ...

Posted on 20/04/2023

Hong Kong digital asset platform OSL to launch personalised AI trading bot

One of Asia’s largest digital asset platforms has launched a prototype artificial intelligence (AI) trader bot as the digital asset space quickly adapts to the hot new technology.

Posted on 20/04/2023

Hong Kong Eyes Capital-Hungry Tech Startups, But Risks Welcoming Investment Duds

Hong Kong’s new listing rules for “specialist technology companies” allow startups without any revenue to list if they meet a minimum market capitalization requirement Newly listed companies with ...

Posted on 19/04/2023

Why China is struggling with international travel—geopolitical tensions, economic timidity

China’s ambitions to restart business as usual hinges on their ability to manage increasingly fraught relations with the US, Europe, and the rest of the world.

Posted on 19/04/2023

Non-techies or self-taught talent can thrive in Hong Kong’s innovation ecosystem

Gamer A: ‘SHUT UP! But you’re not a computer science major.’ Gamer B: ‘Don’t need to be. That’s a myth! I’m learning to code online’ ...

Posted on 19/04/2023

Chinese cities add millionaires at fastest pace globally as Hong Kong falls behind Singapore

Mainland Chinese cities post the fastest growth in millionaire population globally as Hong Kong registers a contraction, falling behind rival Singapore.

Posted on 19/04/2023

Billionaire Li Ka-Shing Backs Biocomputing Startup That Takes On AI With Lab-Grown Brain Cells

Cortical Labs, an Australian startup developing a new type of artificial intelligence that combines lab-grown human brain cells with computer chips, has raised $10 million in a funding round led by ...

Posted on 19/04/2023

Australia and Singapore AI startup Cortical Labs raises $10m

Australia- and Singapore-based artificial intelligence startup Cortical Labs has closed a $10 million funding round led by Horizons Ventures, a Hong Kong-based private venture capital company owned by ...

Posted on 19/04/2023

Hong Kong Is Vying To Be The Next Crypto Hub

Hong Kong has historically provided fertile soil to grow financial institutions. Can it also make magic for crypto firms?

Posted on 19/04/2023

Hong Kong leader rejects calls to drop property cooling measures

Plea from real estate developer group rebuffed as Chief Executive John Lee says measures introduced to discourage property speculation ‘still applicable’.

Posted on 18/04/2023

Alibaba launches cloud computing course at the University of Hong Kong Business School to train local talent

Undergraduate students at the University of Hong Kong will be able to take Alibaba Cloud's credit course starting September Alibaba Cloud, which is directly managed by group CEO Daniel Zhang Yong, is ...

Posted on 18/04/2023

Hong Kong’s TVB Flustered by Shareholder Criticism of Losses, Investments and Boardroom Control

Television Broadcasts, Hong Kong’s leading free-to-air broadcaster, has said that it is considering legal action against a group of shareholder activists. The shareholder group, seemingly led by ...

Posted on 18/04/2023

Hong Kong’s new e-toll system ‘ready to go’ after launch fiasco, 2-month delay; transport commissioner eyes May roll-out

Hong Kong’s new electronic toll payment system is “ready to go any time” following a two-month delay, the transport commissioner has revealed, while more than 75 per cent of the city’s ...

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