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Category: BUSINESS

Posted on 17/12/2021

Insurtech: AIA Hong Kong Introduces Scenario-based Merchant Goods Protection ‘Care For You 24’ for Bloom members

Hong Kong tech startup, Bloom, has announced a collaboration with AIA Hong Kong  in order to launch “Care for You 24” – AIA’s first scenario-based protection that 'revolves around customers’ lifestyle ... ( read original story ...)

Posted on 17/12/2021

After Bringing in a Record $1.2 Billion in Global Sales This Year, Phillips Plans a Major New Location in Hong Kong

Phillips, looking back on a record 2021 in which it sold $1.2 billion worth of luxury goods worldwide-up 32 percent from 2019, and hitting the billion-dollar mark for the first time ever-is now eyeing ... ( read original story ...)

Posted on 17/12/2021

Insurance of the future: An interview with Ren Huichuan of Tencent

The senior adviser for the Tencent Group discusses the competitive advantages of WeSure, the group’s insurance agency platform. ( read original story ...)

Posted on 17/12/2021

Trip.com Beats Expectations, Alibaba Investor Day Kicks Off As Hong Kong & China Stabilize

Asian equities followed the US equity market higher after the Fed’s announcement of three hikes in 2022 yesterday. ( read original story ...)

Posted on 16/12/2021

3,000 travellers a day possible when Hong Kong-mainland China border reopens

However, the positive development on the long-awaited reopening came as the city uncovered what may prove to be its first case of the highly transmissible Omicron variant to have been in the local ... ( read original story ...)

Posted on 16/12/2021

Asia tech conference calls off 2022 event in Hong Kong citing COVID-19 fears

A major tech conference scheduled to take place in Hong Kong in March has been cancelled and will return in 2023, organizers said Thursday, in a fresh blow ... ( read original story ...)

Posted on 16/12/2021

SenseTime aims to resume taking orders from retail investors for its US$767 million Hong Kong IPO next week, sources say

The resumption marks a quick turnaround in the fundraising plan by China’s largest AI firm, which has become the biggest corporate casualty yet of the Uygur Forced Labor Protection Act. ( read original story ...)

Posted on 16/12/2021

Hong Kong jobless rate falls further to 4.1 per cent as labour market’s recovery from effects of coronavirus pandemic rolls on

Officials had expected the labour market to continue to improve, although the extent would depend on the pace of the economic recovery and the epidemic situation. ( read original story ...)

Posted on 16/12/2021

Hong Kong’s FinTech Sector’s ‘Wine Valley’ Moment

The Hong Kong SAR government’s own Innovation and Technology Venture ... these “smart money” investors can offer tremendous value by giving entrepreneurs access to their extensive business networks ... ( read original story ...)

Posted on 16/12/2021

SenseTime is reportedly planning to relaunch its Hong Kong IPO on Monday

SenseTime Group plans to keep its Hong Kong IPO at $767 million as it considers re-launching the withdrawn deal as early as Monday, three sources told Reuters. ( read original story ...)

Posted on 16/12/2021

SenseTime plans Hong Kong IPO re-launch Monday; keeps fundraising target -sources

Chinese artificial intelligence startup SenseTime Group plans to keep its Hong Kong initial public offering (IPO) at $767 million as it considers re-launching the withdrawn deal as soon as Monday, ... ( read original story ...)

Posted on 16/12/2021

SenseTime plans Hong Kong IPO relaunch Monday, sources say

Chinese artificial intelligence startup SenseTime Group plans to keep its Hong Kong initial public offering (IPO) at US$767 million as it considers re-launching the withdrawn deal as early as Monday, ... ( read original story ...)

Posted on 16/12/2021

Three Cyberport start-ups’ mobile games win Best Indies of the Year from Google Play Hong Kong

HONG KONG SAR - Media OutReach - 16 December 2021 - Three mobile ... Cyberport will continue to support local game developers in seizing market opportunities and expanding their business through the ... ( read original story ...)

Posted on 16/12/2021

Coronavirus: 3,000 cross-border travellers a day ‘doable’ when Hong Kong’s quarantine-free plan with mainland China launches

The potential quota, which would significantly exceed earlier 1,000-person predictions, will depend to a degree on the Covid-19 outbreak situation in Guangdong. ( read original story ...)

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