China's second-largest e-commerce operator is spinning off its online pharmacy and health clinic JD Health in a $3.4 billion IPO. ( read original story ...)
Hong Kong’s Carrie Lam praises security law for restoring stability
Hong Kong Chief Executive Carrie Lam praised a draconian national security law for restoring stability to the former British colony while blaming the region's social and economic strife on opposition ... ( read original story ...)
Hong Kong market is in a ‘wait-and-see’ mode until policy support is delivered: Strategist
The main focus should be economic recovery, says Mary Nicola from PineBridge Investments, as she unpacks Carry Lam's policy address for the Hong Kong economy. ( read original story ...)
Hong Kong seeks boost from China to jump-start economy
HONG KONG -- Hong Kong Chief Executive Carrie Lam announced on Wednesday a host of new measures to further integrate the city's battered economy with mainland China in an effort to seek new growth ... ( read original story ...)
Biotech startups to be allowed in stock connect
Biotechnology startups listed in Hong Kong that have yet to see a profit will be allowed to enter the cross-border stock trading programme, under a ... ( read original story ...)
Managers, business partners of Hong Kong-listed company arrested over alleged HK$12 billion false accounting scheme
Seven people, including former managers of a Hong Kong-listed commodity trading company, have been arrested on suspicion of conspiring to provide false accounting involving nearly HK$12 billion. Four ... ( read original story ...)
HK startups need a more coherent, radical subsidies policy
A few days ago, Science Park declared the foundation of the HKSTP Startups Alumni Association (SAA), which would ... promulgated Oxford’s new COVID-19 Vaccine (with a 70% efficacy), Hong Kong remains ... ( read original story ...)
Hong Kong to Close Bars, Nightclubs From Thursday Due to Virus
Hong Kong will shutter bars, nightclubs and bathhouses from Thursday until Dec. 2 as concerns rise about a new wave of Covid-19 cases in the Asian financial hub. ( read original story ...)
Garuda Capital acquires minority stake in Hong Kong fintech startup FinLink
This acquisition comes after FinLink raised US$2.5 million in a seed round led by PF Ventures and Garuda Capital in 2019. ( read original story ...)
Ex-McKinsey, Stripe exec joins Australian VC Square Peg as investing partner in Singapore
At Square Peg, Sabuncu will be looking to invest across Southeast Asia and will deepen her knowledge on startups in Vietnam and Indonesia. ( read original story ...)
Chinese truck startup valued at nearly $12 billion after $1.7 billion funding round: sources
Chinese truck services startup Full Truck Alliance has reached a valuation of nearly $12 billion after it raised $1.7 billion in a new funding round, according to two people with direct knowledge of ... ( read original story ...)
Chinese startup Full Truck valued at nearly $12 billion after SoftBank-led round: sources
Full Truck Alliance has reached a valuation of nearly $12 billion after the Chinese truck services startup raised $1.7 billion in a new funding round, according to two people with direct knowledge of ... ( read original story ...)
Maui TechOhana Goes Virtual Dec. 9 with Topic: ‘We’re All Startups Again’
After a year like no other, the Maui Economic Development Board (MEDB) is presenting a virtual Maui TechOhana on Dec. 9 with guest speaker Doug Nelson, Founder, President & CEO of Kinection. The topic ... ( read original story ...)
Chinese startup transforms ads with AI-based technology
and Hong Kong tycoon Silas Chou's family office. 36Kr, a Chinese tech news portal founded in Beijing in 2010, has more than 150 million readers worldwide. Nikkei announced a partnership with 36Kr ... ( read original story ...)