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Category: BUSINESS

Posted on 28/05/2022

Coronavirus: why Hong Kong remains Asia’s foremost arts hub despite tough Covid-19 curbs

City has ability to connect with emerging collectors in mainland China and Southeast Asia, giving it unique advantage. ( read original story ...)

Posted on 27/05/2022

Vietnam: Unleashing The World’s Future Innovation Powerhouses

Stock This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. ( read original story ...)

Posted on 27/05/2022

UAE port operator DP World warms to more wind, solar, hydropower, biomass and nuclear energy in Asia, in net zero aim

Firm, moving 10 per cent of global cargo, plans to invest hundreds of millions of dollars in decarbonisation strategy and says population’s needs can be met sustainably. ( read original story ...)

Posted on 27/05/2022

Hong Kong Seeks to Revive Global Banking Status With Major Summit

Hong Kong's central bank plans to hold a major conference in November it hopes will draw global banking bosses, sources said, as the financial hub seeks to welcome back international business ... ( read original story ...)

Posted on 26/05/2022

Blockchain-Powered Climate Tech Startup Raises $6 Million In Funding Led By Nomura

Hong Kong-based climate tech startup Allinfra has raised $6 million in Series A funding led by Japan’s biggest brokerage firm. ( read original story ...)

Posted on 26/05/2022

Meet The Fintech Founders And Startup Investors On The 2022 30 Under 30 Asia List

From facilitating cross-border payments to investing in tech startups, this year's 30 Under 30 Asia listees in Finance and Venture Capital category are making their mark. ( read original story ...)

Posted on 26/05/2022

Prudential drafts in ex-Citi banker Anil Wadhwani to become its new Hong-Kong-based chief exec

Wadhwani, 53, (pictured) will join the company in February next year and will enjoy a £1.25m salary but can also earn double that in bonuses. ( read original story ...)

Posted on 26/05/2022

Yoho seeks up to US$18.2 million in IPO, as Hong Kong e-commerce start-up eyes China expansion via JD.com, Tmall

Hong Kong e-commerce start-up Yoho Group will press ahead with its initial public offering on Thursday, braving a market slump, as it seeks to raise up to US$18.2 million to fund expansion in ... ( read original story ...)

Posted on 25/05/2022

Hong Kong cryptocurrency group Babel hits $2bn valuation

Hong Kong-based crypto financial services startup Babel Finance said Wednesday it has raised $80 million in its latest funding round, valuing the company at about $2 billion, despite a meltdown in ... ( read original story ...)

Posted on 25/05/2022

Hong Kong grants Greater Bay Airlines status to open talks with foreign countries

Greater Bay Airlines was awarded designated status from the Hong Kong government, allowing the company to open negotiations with foreign countries to fly 104 routes, the head of the start-up carrier ... ( read original story ...)

Posted on 25/05/2022

Hong Kong energy trader struggles for survival as creditors circle

Hong Kong oil and gas trader NewOcean Energy is fighting a new petition to wind up the company as it negotiates with creditors over hundreds of millions of dollars in overdue debt. The company, which ... ( read original story ...)

Posted on 25/05/2022

Yoho seeks up to US$300 million in IPO, as Hong Kong e-commerce start-up eyes China expansion via JD.com, Tmall

"We remain confident that our business growth will continue to be supported by investors," said Franz Wu, president and co-founder. "The e-commerce sector in Hong Kong is maturing, and we still see ... ( read original story ...)

Posted on 24/05/2022

Robert Kuok’s Kerry Properties Sells Hong Kong Warehouses To China Resources For $588 Million

Kerry Properties—controlled by Malaysia’s richest person Robert Kuok—has agreed to sell two of its warehouses in Hong Kong to China Resources Logistics, a unit of state-owned China Resources Group, ... ( read original story ...)

Posted on 24/05/2022

Greater Bay Area residents will soon be able to buy wealth management, beauty and medical services from Hong Kong’s 11 Skies complex

Nearly 20 companies from the finance, wealth management, beauty and medical services sectors will open offices at the three office towers, targeting GBA residents. ( read original story ...)

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