Anthony Noto, SoFi CEO, joins "Squawk Box" to discuss FinTech's role in supporting small businesses during the crisis, the company's recently announced acquisition and more. ( read original story ...)
Asia-Pacific start-ups brace for coronavirus bruising
In 2013, Simon Loong launched Hong Kong fintech WeLab using a small loan — just four years later the business ... says Jonathan Woetzel, Asia-based director of the McKinsey Global Institute. “There ... ( read original story ...)
Hong Kong Market Risks Further Losses After Democracy Arrests
... policies have compounded the negative trends of the "reputational damage that anti-government protests were inflicting on international perceptions of Hong Kong's business environment and ... ( read original story ...)
Hong Kong Unemployment Rises to Highest in Nearly Decade
Hong Kong’s jobless rate rose for a sixth straight month in March to the highest level since October 2010 as restrictions to control the coronavirus outbreak continue to pressure the city’s battered ... ( read original story ...)
China, Hong Kong stocks firm as PBOC cuts key rate again
Chinese H-shares listed in Hong Kong rose 0.52% to 9,865.97, while the Hang Seng Index was up 0.16% at 24,419.99. ** The smaller Shenzhen index was up 0.65% and the start-up board ChiNext Composite ... ( read original story ...)
Hong Kong’s stock market is in bear territory – just don’t tell that to some of its superstars running up spectacular gains
For now, Wong advises, just avoid most companies with their business focused on Hong Kong in favour of Chinese ones, as well as those related to travel, cosmetics and clothing. This bear-bull phase of ... ( read original story ...)
Hong Kong Police Arrest at Least 14 Opposition Activists
Hong Kong police arrested at least 14 opposition activists on Saturday for allegedly holding unlawful protests last year, the South China Morning Post reported. ( read original story ...)
Custody Startup Curv Follows Crypto Demand Into Asia With New Hong Kong Office
Custody startup Curv has expanded into Asia with an office in Hong Kong and a partnership with Japan-based Crypto Garage, the companies announced Friday. ( read original story ...)
Hong Kong’s Protest Economy
Since last April, when increasingly violent clashes between pro-democracy protesters and police regularly broke out on its busy streets, Hong Kong has been color-coded: The “yellow camp” is ... ( read original story ...)
Hong Kong Co-Working Thrives as Singapore Struggles in Shutdown
On a recent Friday afternoon, dozens of people sat hunched over laptops at TheDesk’s six-story co-working space near Hong Kong’s Central business district, while others chatted over snacks at tables ... ( read original story ...)
Hong Kong SMEs expect little relief from government’s HK$1 trillion Covid-19 funding support
Four in every 10 small and medium enterprises (SMEs), which employ about 45 per cent of non-government employees in Hong Kong, expect their earnings to plunge by 75 per cent over the next year, ... ( read original story ...)
Hong Kong consortium rolls out $126 home coronavirus test
HONG KONG -- A consortium bringing together insurer Prudential PLC with several Hong Kong startups and health care providers has started selling home coronavirus testing kits in Hong Kong. The kits ... ( read original story ...)
Stuck at home with a monster: more reports of violence against women, children in Hong Kong since start of pandemic
Higher chances of conflict, violence when abusers spend more time at home Children at risk of neglect, abuse as stressed parents work from home, help agencies say Staying at home may help to keep the ... ( read original story ...)
Former JPMorgan banker set to launch virtual insurance start-up with focus on medical coverage for pets
coverage with a focus on pets, after winning an operating licence on Wednesday as innovation in Hong Kong financial markets gains traction. OneDegree, founded in 2016 by Alvin Kwock Yin-lun and ... ( read original story ...)