Postage for airmail letters weighing 20 grams or less to mainland China and Taiwan to increase by 30 HK cents Rates adjusted to offset rising operating costs, says Hongkong Post spokesman Hong Kong ... ( read original story ...)
Insurer AIA’s new business value drops 13% in first half
AIA Group Ltd on Thursday posted a 13 per cent drop in new business value in the first half of 2022, as COVID-19 lockdowns in the Asia-focused insurer's main markets of China and Hong Kong weighed ... ( read original story ...)
Meet the CEO of Finblox, a Hong Kong-based crypto lender serving a region with some of the highest fintech adoption in the world
Peter Hoang is a YC alum who has raised $4 million for his crypto-investment firm Finblox, which has become one of Southeast Asia's rising stars. ( read original story ...)
New border channel to help Hong Kong students heading to mainland China for school has nearly 400 applicants
The special quota is aimed at easing travel to the mainland for the start of the academic year, after 1,000 frustrated students asked for help. ( read original story ...)
Hong Kong stocks end at over five-month low on China slowdown worries
The start-up board ChiNext Composite index dropped 3.6%, while Shanghai’s tech-focused STAR50 index fell 3.5%. ** In Hong Kong, the benchmark Hang Seng Index ended 1.2% lower at 19,268.7, its lowest ... ( read original story ...)
Xpeng Taps New Low in Hong Kong as EV Maker Says Third-Quarter Deliveries May Sink Up to 16%
(Yicai Global) Aug. 24 -- Xpeng’s Hong Kong-traded shares plunged as much as 14.2 percent today after the Chinese electric car startup said it expects third-quarter shipments to tumble up to 16 ... ( read original story ...)
Hong Kong social enterprise ReStore launches new candle range
The social enterprise supports people coming out of sexual exploitation to reclaim a life of independence and freedom by providing them with an alternative career path. The proceeds from the sale of ... ( read original story ...)
Nearly 400 Hong Kong students register for new border channel aimed at easing travel to mainland China for start of school year
Education minister had announced scheme a day earlier, aimed at easing travel for students so they can arrive on time for new school year in mainland China. ( read original story ...)
South Korean firms in Hong Kong want ‘free and open’ business climate, as Seoul marks 30 years of ties with China
South Korean businesses in Hong Kong need normalisation of land transport routes with Guangdong province, the Korean consul general says Hong Kong's strength lies in its 'free, open and competitive ... ( read original story ...)
Hong Kong co-living operators endure Covid-19 hit, invest in capacity while awaiting open borders, end of quarantine
Rents for co-living units have declined by as much as a quarter over the last three years, with occupancy rates stuck at 60 per cent since last year, analysts say Operators remain optimistic about the ... ( read original story ...)
EXCLUSIVE Allianz in talks with banks for China asset management venture -sources
Allianz SE is in talks with Chinese banks to set up a majority-owned asset management venture in the world's second-largest economy, two people with direct knowledge of the matter said, aiming to tap ... ( read original story ...)
Allianz in talks with banks for China asset management venture -sources
HONG KONG - Allianz SE is in talks with Chinese banks to set up a majority-owned asset management venture in the world's second-largest economy, two people with direct knowledge of the ... ( read original story ...)
Tencent-backed startup seeks pre-IPO funds at 10 billion yuan value
YONGHUI Fresh Food, the fast-growing grocery supply affiliate of 1 of China’s biggest retail conglomerates, is seeking to raise about US$200 million ahead of a Hong Kong initial public offering (IPO) ... ( read original story ...)
Hong Kong’s Jimmy Lai to plead not guilty in national security case
Hong Kong media tycoon Jimmy Lai is set to plead not guilty and stand trial under the city's severe national security law, Hong Kong Free Press (HKFP) reported ... ( read original story ...)