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Category: BUSINESS

Posted on 16/07/2021

Biden says Hong Kong is ‘deteriorating,’ and the administration set to release an advisory for US businesses on the situation

"The Chinese government is not keeping its commitment that it made, how it would deal with Hong Kong," President Biden said on Thursday. ( read original story ...)

Posted on 16/07/2021

Biden says U.S. to warn business on deteriorating Hong Kong

President Joe Biden will caution U.S. companies about the risks of doing business in Hong Kong because of "what may happen" as China continues to tighten its grip on the island, marking a new step in ... ( read original story ...)

Posted on 16/07/2021

Biden to warn US companies about doing business in Hong Kong

The Biden administration is expected to issue a blanket warning to U.S. firms about the risks of doing business in Hong Kong as China continues to clamp down on political and economic freedoms in the ... ( read original story ...)

Posted on 16/07/2021

Biden Says Situation in Hong Kong Deteriorating

The U.S. is preparing a business advisory to describe “what may happen” as China continues a crackdown there. ( read original story ...)

Posted on 16/07/2021

Biden to Aim Hong Kong Warning at Investors Shrugging Off Risks

A formal warning the Biden administration plans to issue to companies doing business in Hong Kong springs from U.S. officials’ concern that investors aren’t taking the risks of operating in the city ... ( read original story ...)

Posted on 15/07/2021

Hong Kong biotech start-up Prenetics plans $1.3 billion SPAC merger

Prenetics is set to merge with Artisan Acquisition, a SPAC, in a deal that will value the new entity at $1.3 billion or more, a source told CNBC. ( read original story ...)

Posted on 15/07/2021

Hong Kong biotech start-up is set to list on the Nasdaq in a SPAC merger

Prenetics is set to merge with Artisan Acquisition, a special purpose acquisition company backed by Hong Kong billionaire Adrian Cheng, a source told CNBC. ( read original story ...)

Posted on 15/07/2021

Business startup base aims to help young entrepreneurs

A new business startup base for young people from Guangdong province and the special administrative regions of Hong Kong and Macao kicked off in the Nansha district of Guangzhou on Thursday. The ... ( read original story ...)

Posted on 15/07/2021

Hong Kong police arrest four over alleged $155 million Tether money laundering scheme

The suspects, aged between 24 and 33, had opened numerous bank accounts to make crypto transactions, Hong Kong authorities said. ( read original story ...)

Posted on 15/07/2021

YC-backed Deskimo, an on-demand coworking space app, launches in Singapore and Hong Kong

Part of Y Combinator’s current batch, Deskimo wants to make finding coworking spaces easier. Its on-demand booking app is currently available in Singapore and Hong Kong, with plans to enter more ... ( read original story ...)

Posted on 15/07/2021

Hong Kong customs arrest four in first crypto laundering bust

Hong Kong customs officials said Thursday they had dismantled a money laundering syndicate that used cryptocurrency to process some HK$1.2 billion ($155 million) in illegal funds, in what they said ... ( read original story ...)

Posted on 15/07/2021

Hong Kong’s cruises to nowhere ready to start at end of July, as company learns lessons from coronavirus infection on Singapore ship

Crew members on Genting Dream receive second dose of BioNTech vaccine ahead of cruises launching from city on July 30. ( read original story ...)

Posted on 15/07/2021

Lalamove considers shifting planned US$1 billion IPO to Hong Kong amid heightened scrutiny by Beijing

Hong Kong logistics start-up Lalamove is considering moving its planned US$1 billion initial public offering to Hong Kong as a crackdown on technology firms and a series of new rules on overseas ... ( read original story ...)

Posted on 14/07/2021

Hong Kong’s cruises to nowhere ready to start at end of July, as company learns lessons from Covid-19 infection on Singapore ship

Crew members on Genting Dream receive second dose of BioNTech vaccine ahead of cruises launching from city on July 30. ( read original story ...)

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