Nine investors took part in the fundraising, with Mixed-Ownership Reform Fund pledging US$200 million, sources said. ( read original story ...)
HKSTP Joins Global Leaders Avnet and ORIX to Nurture Promising Startups and Form a GBA-wide Hardware and Digital Technologies Eco-system
Mr. Peter Mok, Head of Greater Bay Area, HKSTP (right), and Mr. Alan Chui, Supplier Business Management President, Avnet Asia, officiate at the strategic co-incubation agreement signing ceremony to ... ( read original story ...)
Hong Kong the ‘most important’ channel for financial activity between U.S. and China: Advisory firm
Kurt Tong of The Asia Group says he doesn't foresee either a "full-on" financial decoupling between the U.S. and Hong Kong or the U.S. and China, but the situation is becoming more "cumbersome." ... ( read original story ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)