Cross-border payments startup Currenxie says it’s ready to take on its first outside investors, starting with a $10 million Series A funding round. ( read original story ...)
Li Auto’s Hong Kong shares close down on debut, says considering mainland listing
Chinese electric vehicle maker Li Auto made a weak debut in Hong Kong on Thursday as its shares closed down, while the company also flagged it could consider a mainland listing. ( read original story ...)
Hong Kong Market ends 3-day advance
The State Council, China's cabinet, said it would work on legislation including national security, technological innovation and antitrust to strengthen the government, according to a statement on ... ( read original story ...)
Hong Kong stocks slip as China strengthens crackdown with insurers next in focus while Li Auto limps in debut
Hong Kong stocks halt a three-day advance as China pledges to strengthen regulations to steady the economy. Insurance technology platform operators appear to be the next target, according to a report. ( read original story ...)
Li Auto shares off to muted start in $1.5 billion Hong Kong debut
Li Auto sold shares at 118.00 Hong Kong dollar per share, raising the company 11.6 billion Hong Kong dollars ($1.49 billion). ( read original story ...)
Online Rich establishes a cross-border e-commerce startup ecosystem to help Hong Kong’s original brands enter the global market
The coronavirus pandemic has brought upon unprecedented challenges to Hong Kong's economy. With a high unemployment rate, making the situation more challenging for many Hong ... ( read original story ...)
Hong Kong cross-border payments start-up Currenxie raises US$10 million in Series A funding
Currenxie, a Hong Kong cross-border payments and business account services start-up, said on Thursday it would take on its first outside investors with a US$10 million round of Series A funding led by ... ( read original story ...)
Vegan Mushroom Meat Startup Bags AUD 6.5M Seed Round For US Launch
Australian mushroom meat startup Fable Food Co has announced a AU$6.5 million (US$4.8 million) funding round led by Australian VC Blackbird Ventures. ( read original story ...)
Hong Kong Exchanges’ connection to China will attract international investors to the city, says CEO
Nicolas Aguzin, CEO of Hong Kong Exchanges and Clearing, says some investors may perceive China's technology crackdown differently and the exchange wants to be the place to "connect all those ... ( read original story ...)
Li Auto shares set to start flat in Hong Kong trading debut
Chinese electric vehicle maker Li Auto shares are set to open flat at HK$118 in the company's Hong Kong Stock Exchange debut on Thursday. Aug 12 (Reuters) - Chinese electric vehicle maker Li Auto 2015 ... ( read original story ...)
Self-driving car startup Pony.ai scraps listing plans amid China crackdown
Chinese self-driving car technology startup Pony.ai is reported to have scrapped plans to go public in the U.S. as the Chinese government continues to crack down and regulate various sectors of the ... ( read original story ...)
Li Auto shares fall 2.1% in Hong Kong debut
Aug 12 (Reuters) - Chinese electric vehicle maker Li Auto shares slipped 2.1% below their offer price of HK$118 in the company's trading debut at the Hong Kong Stock Exchange on Thursday. The company ... ( read original story ...)
Hong Kong Startup Greater Bay Airlines Targets Oct. 1 Debut
Startup Greater Bay Airlines Targets Oct. 1 Debut is published in Aviation Daily, an (AWIN) Market Briefing and ... ( read original story ...)
Hong Kong retail rents will rise thanks to economic recovery from Covid-19, government consumption vouchers scheme, says Hysan Development
Hysan Development, the largest commercial landlord in Causeway Bay, expects retail rents to rise thanks to Hong Kong's economic recovery and the consumption vouchers handed out by the government. ( read original story ...)