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Category: BUSINESS

Posted on 28/06/2021

Chinese biotech, health care listings help Hong Kong IPO market to third place globally in first half as total number falls to five-year low

China’s biotech and health care sector accounted for a third of IPOs during the first half and attracted the highest level of investor subscriptions. ( read original story ...)

Posted on 28/06/2021

Hong Kong to ban passenger flights from UK to curb virus

Hong Kong says it will ban all passenger flights from the U.K. starting Thursday as it seeks to curb the spread of new variants of the coronavirus. It said in a statement Monday that the U.K. ( read original story ...)

Posted on 28/06/2021

Hong Kong’s financial markets, bank branches reopen for business after ‘black rainstorm’ weather downgrade

Hong Kong's financial markets reopened for trading in the afternoon following an improvement in local weather conditions. Stocks and futures resumed trading at 1.30pm local time, according to Hong ... ( read original story ...)

Posted on 28/06/2021

Hong Kong home prices rise for fifth straight month in May

Hong Kong private home prices, the most unaffordable in the world, extended gains for a fifth consecutive month in May, official data showed on Monday, helped by a recovering economy and expectations ... ( read original story ...)

Posted on 28/06/2021

Fintech Startups and Established Hong Kong Firms May Apply to Join Global Fast Track Program for Scaling Businesses

Invest Hong Kong (InvestHK) revealed, earlier this week, that the Global Fast Track 2021 program is currently taking applications from Fintech startups and also accepting them from more established ... ( read original story ...)

Posted on 27/06/2021

Hong Kong-based foundation hopes to win goodwill for China along the ‘medical silk road’

The GX Foundation recently provided Laos with supplies to fight Covid-19 and aims to do the same for Cambodia. ( read original story ...)

Posted on 26/06/2021

Hong Kong’s forbidden fruit and the national security law: the rise and fall of Apple Daily and founder Jimmy Lai

The rags-to-riches story that Hong Kong was once famous for has come to an end, with main protagonist absent in final actHard-charging tabloid that shook up city’s media scene undone by weight of law ... ( read original story ...)

Posted on 26/06/2021

Hong Kong’s recycling of lead acid batteries is failing, as scrap traders and illegal exports get the better of fully automated plant

Illegal exports have seriously cut into the amount of waste batteries it can collect for turning into lead bullion and plastic resin pellets, said Stanley Pong Kit of Hong Kong Battery Recycling ... ( read original story ...)

Posted on 26/06/2021

Women on boards: quota proposal gains support as Hong Kong companies drag their feet on ensuring diversity

She believes there are many more capable women in Hong Kong who can serve on boards, if only they are invited to do so. “There is a huge pool of talent out there that can contribute and are just ... ( read original story ...)

Posted on 26/06/2021

Tech, media, banks in Hong Kong fear end to their business after Apple Daily closure

With closure of Apple Daily, a pro-democracy newspaper in Hong Kong, businesses including tech, media and banks are in fear of the possible end of their businesses in the city as China tightens its ... ( read original story ...)

Posted on 26/06/2021

Apple Daily’s demise deals another blow to Hong Kong’s battered reputation

By Michelle Toh, CNN Business Hong Kong has long been Asia's leading financial hub, straddling the West and China. But as Beijing tightens its grip on a ... ( read original story ...)

Posted on 25/06/2021

Coronavirus: how worried should we be about Hong Kong’s first local infection with suspected Delta variant?

A 27-year-old airport worker was confirmed on Thursday as the first case in the community probably involving the Delta variant. ( read original story ...)

Posted on 25/06/2021

Asian biotech startup Insilico is disrupting the pharmaceutical industry using Artificial Intelligence

HK-based Insilico Medicine recently raised US$ 255m, and is disrupting the pharma industry with its novel use of deep learning and AI. ( read original story ...)

Posted on 25/06/2021

Tesla Challenger Xpeng Inc. Launching Hong Kong Public Offering Following its U.S. IPO in 2020

China's rising electric vehicle startup XPeng Inc. today announced the launch of its Hong Kong public offering as part of a global offering of 85,000,000 new Class A ordinary shares. The shares will ... ( read original story ...)

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