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Category: BUSINESS

Posted on 14/04/2020

Alibaba-Backed AI Startup Sales Triple Enroute to IPO

Megvii Technology Ltd. for the first time revealed the stunning growth fueled by a nation’s obsession with security.The Alibaba Group Holding Ltd.-backed startup tripled revenue to 949 million yuan ... ( read original story ...)

Posted on 14/04/2020

Credit Suisse Drops Off WeDoctor’s Planned Hong Kong IPO

Credit Suisse Group AG has dropped off the initial public offering of one of China’s top online health-care startups, dealing a fresh blow to its business taking companies in the region public after ... ( read original story ...)

Posted on 14/04/2020

Education technology startups hope to keep new customers’ attention after quarantine

Local "edutech" companies have responded to an unprecedented opportunity to expand as the spread of the coronavirus simultaneously disrupted the school year for nearly 300 million students worldwide. ( read original story ...)

Posted on 14/04/2020

China, Hong Kong stocks slip as global coronavirus cases surpass one million

China and Hong Kong stocks fell on Friday, as coronavirus worries continued to pressure the markets with infections surpassing one million globally. SHANGHAI, April 3(Reuters) - China and Hong Kong ... ( read original story ...)

Posted on 14/04/2020

Start-up Express 2020: A Journey To Success For HK Start-ups

Building connections, markets, partnerships and brand awarenessHONG KONG, Apr 6, 2020 - () - Start-up Express, a development programme launched by the Hong Kong ... ( read original story ...)

Posted on 14/04/2020

Fintech Startup Dsdaq Raises a $1.5M Angel Round Funding led by Efftronics Asia and Draper Dragon Fund

GRAND CAYMAN, CAYMAN ISLAND / ACCESSWIRE / April 7, 2020 / Dsdaq , a Fintech startup incorporated in Oct, 2019, announced a $1.5 million angel investment from Efftronics Asia, a family investment ... ( read original story ...)

Posted on 14/04/2020

Insurers may not cover business losses related to Hong Kong’s shutdown orders after lessons from Sars outbreak

Companies affected by shutdown orders may struggle to win business interruption insurance or force majeure claims against insurers, experts say Insurers have tightened on pandemic under such policies ... ( read original story ...)

Posted on 14/04/2020

Hong Kong is ‘highly resilient’ as it fights to save the economy in the pandemic, commerce secretary says

Hong Kong is fighting a "twin battle" of the coronavirus pandemic as well as saving its battered economy, but its recovery will be determined by when the world gets back on its feet, says the city's ... ( read original story ...)

Posted on 14/04/2020

How Hong Kong-Based Fashion Brand Sau Lee Reemerged From COVID-19

While we have been inundated with troubling headlines since COVID-19’s global spread, it’s refreshing to hear of a Hong-Kong-based brand that is up and running, after having experienced a ... ( read original story ...)

Posted on 14/04/2020

Why Hutchison Telecommunications Hong Kong Holdings Limited (HKG:215) Could Be Worth Watching

Hutchison Telecommunications Hong Kong Holdings Limited (HKG:215), which is in the wireless telecom business, and ... ( read original story ...)

Posted on 14/04/2020

China Says Hong Kong Lawmakers’ Stall Tactics Could Breach Oaths

China’s top agency overseeing Hong Kong said lawmakers blocking action by the local legislature were potentially violating their oaths, in a signal that Beijing was losing patience with the ... ( read original story ...)

Posted on 14/04/2020

‘Suppress and lift’: Hong Kong and Singapore say they have a coronavirus strategy that works

For everyone else, it was almost business as usual, with a bit of social distancing. But case numbers spiked in the second half of March, and some observers feared the strategy had failed. Hong Kong ... ( read original story ...)

Posted on 14/04/2020

Hong Kong Business Activity Slumps Further in March as Virus Pummels Economy

Business activity in Hong Kong deteriorated further in March, a private survey showed on Friday, as demand, output and confidence plunged amid the deepening coronavirus pandemic. ( read original story ...)

Posted on 14/04/2020

Razer Commits US$50 Million to Support Business Partners During the Fight Against COVID-19

HONG KONG--(BUSINESS WIRE)--Razer™, the leading global lifestyle brand for gamers, today pledges to support business partners, both current and future, through the economic downturn brought about by ... ( read original story ...)

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