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Category: BUSINESS

Posted on 03/09/2021

Indonesian startup J&T raising over $2 bln ahead of IPO -sources

Indonesian courier startup J&T Express is in talks with investors to raise more than $2 billion ahead of a Hong Kong initial public offering (IPO), and is looking to expand in Latin America, three ... ( read original story ...)

Posted on 03/09/2021

Indonesian startup J&T Express said to seek over $2b in pre-IPO round

The firm is seeking to hit a $20 billion valuation with the $2-2.5 billion round that is expected to be finalised in the coming weeks. ( read original story ...)

Posted on 03/09/2021

Hong Kong stocks fall for first time this week, as tech rally stalls

Kong stocks dropped for the first time this week on Friday, on concerns that a recent run-up was excessive relative to a harsh regulatory landscape on the mainland. ( read original story ...)

Posted on 02/09/2021

Hong Kong virtual events startup snaps up $10m in series B round

EventX allows companies to host virtual events with features such as interactive exhibition halls, online registration forms, and webinars. ( read original story ...)

Posted on 02/09/2021

Fivelements to shut Times Square spa amid quibbles over rent, as uncertainty about Hong Kong’s recovery stymies businesses

Fivelements Habitat, which provides yoga sessions, spa treatments and plant-based cuisine, is shutting its Times Square wellness centre in Causeway Bay after two years of operation, as it failed to ... ( read original story ...)

Posted on 02/09/2021

RISE Conference returns to Hong Kong for five consecutive years

HONG KONG SAR - Media OutReach - 2 September 2021 - Today the Hong Kong Tourism Board (HKTB) and Web Summit announced that RISE, "one of the world's most influential tech events", will return to Hong ... ( read original story ...)

Posted on 02/09/2021

Medical Marijuana, Inc. Subsidiary Kannaway Launches in Hong Kong

SAN DIEGO, CA, Sept. 01, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that ... ( read original story ...)

Posted on 01/09/2021

Some Hong Kong schools miss deadline for filing national security education plans

Education minister Kevin Yeung says only ‘a proportion’ of local schools have submitted their plans, but declines to say how many. ( read original story ...)

Posted on 01/09/2021

Hong Kong well positioned to help businesses seize Belt and Road opportunities: Carrie Lam

Hong Kong with unique advantages brought by "one country, two systems" is very well positioned to help businesses seize fresh opportunities in the Belt and Road Initiative, Chief Executive of China's ... ( read original story ...)

Posted on 01/09/2021

Beijing will back Hong Kong’s entry into world’s biggest free-trade deal, China’s commerce minister tells belt and road summit

China’s commerce minister Wang Wentao pledges support at belt and road summit. Foreign ministry official Liu Guangyuan warns others against imposing sanctions on country. ( read original story ...)

Posted on 01/09/2021

Oddup Raises $12.8M to Increase Access to Pre-Eminent Global Startup Ecosystem Insights

Oddup, a premier international provider of data-driven insights for the startup and cryptocurrency ecosystems, announced the close of a ... ( read original story ...)

Posted on 31/08/2021

HK food tech startup bags HK$10m funding, names Miss HK 2020 as chief brand officer

The brand which reached its popularity through reviews from influencers and celebrities, has also gotten a seven digit sum investment from Miss Hong Kong 2020, Lisa-Marie Tse. ( read original story ...)

Posted on 31/08/2021

Hong Kong’s office vacancy at two-decade highs creates optimal window for companies to set long-term strategies

The near-record excess supply in Grade A office space means there is no better time for Hong Kong corporates to lock in their long-term office strategies. ( read original story ...)

Posted on 31/08/2021

Hong Kong diamond heist: the day safe crackers stole gems worth millions of dollars from a room used by the Israeli consulate

Safe crackers stole a large haul of diamonds from an office used by the Israeli consulate in Central Hong Kong in August 1971. A large reward was offered, but the gems were never recovered. ( read original story ...)

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