From an almost entirely conceptual discussion, CBDCs are now in various stages of research and development to ascertain how they could work in practice. China’s digital yuan is currently leading the ... ( read original story ...)
Hong Kong Marathon: dream debut for men’s overall winner Wong Kai-lok as local star Christy Yiu Kit-ching claims women’s gold
The 26-year-old middle-distance specialist returns from serious knee injury to beat heavy favourites, while women’s star Yiu reasserts local scene domination. ( read original story ...)
China’s Anti-Sanctions Law For Hong Kong Raises Uncertainty For Global Banks And Financial Firms
Commerce and financial investments have become a battleground of confrontation rather than collaboration between the U.S. and China. ( read original story ...)
China Evergrande plans to shift main business to new energy vehicles – Securities Times
China Evergrande Group will shift its main business to new energy vehicles within 10 years from property development, the state-backed Securities Times reported on Friday, quoting the developer's ... ( read original story ...)
Hong Kong government criticises US safe haven scheme for ‘fugitives’
The Hong Kong government on Friday criticised Washington for its "safe haven" scheme for Hong Kongers to stay and work in the United States amid Beijing's crackdown on the pro-democracy movement in ... ( 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 ...)
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 ...)
Ailing mother inspires sisters to launch wellness and fitness start-up for over 50s
First-time entrepreneurs Coco and Zan Wong turn to cloud services platform GoDaddy to launch 50+ Exercise Buddy’s website to help ageing population exercise regularly and eat well ... ( read original story ...)
Vape shops cut down on supplies as customers stock up after Hong Kong passes bill targeting e-cigarette business
Small stores such as VapeBullHK in Wan Chai have racked up more than HK$1 million in sales a month in the past. But as lawmakers take aim at stubbing out the habit, they have cut back on orders and ... ( read original story ...)
Hong Kong, mainland China agree to one-stop sandbox platform allowing Greater Bay Area start-ups to develop cross-border fintech tools
The monetary authorities of Hong Kong and mainland China agreed to create a one-stop sandbox platform in the Greater Bay Area that will allow fintech companies to develop cross-border products faster ... ( read original story ...)
For sleepy Hong Kong residents, 5-hour bus tour is a snooze | Charlotte Observer
HONG KONG. Travel-starved, sleep-deprived residents might find a new Hong Kong bus tour to be a snooze. The 76-kilometer (47-mile), five-hour ride on a regular double-decker bus a ... ( read original story ...)
Animoca Brands, a Hong Kong-based mobile gaming and blockchain unicorn, raises US$65 million as valuation doubles to US$2.1 billion
Hong Kong-based mobile gaming and blockchain start-up Animoca Brands raised US$65 million in a second round of funding as its pre-money valuation doubled to more than US$2 billion. The funding ... ( read original story ...)