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Category: BUSINESS

Posted on 28/02/2019

Hong Kong tycoon, two equity firms bid on Anbang Insurance’s Vancouver office complex, sources say

Hong Kong tycoon Li Ka-shing’s company and two private equity ... Mr. Li and his family have had extensive business interests in Canada, including a controlling stake in Husky Energy Inc. of Calgary. ... ( read original story ...)

Posted on 28/02/2019

Hongkong Land full-year 2018 earnings rise 9% to US$1.04b

However, for the development properties business, he is expecting higher profits from China - as more projects get completed - to be offset by lower contributions from other markets. Hongkong Land sha... ( read original story ...)

Posted on 28/02/2019

Breakingviews – Hong Kong exchange primed for some M&A trades

There are a variety of options, but it’s time for Hong Kong to diversify its portfolio. Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand fo... ( read original story ...)

Posted on 28/02/2019

Thailand and Hong Kong to sign a MOU on startup development

InnoSpace Thailand is set to sign a Memorandum of Understanding (MOU) on startup development with partners from Hong Kong on February 28th, 2019. The Director-General of the Department of Industrial P... ( read original story ...)

Posted on 28/02/2019

A Startup Launchpad for Coworking Spaces, Garage Society Validates for India

In Hong Kong, Garbage Society has acted as a launchpad for startups such as Uber, Twilio and Deliveroo to kick start expansion into the Asian market. Leveraging this experience in India, they are now ... ( read original story ...)

Posted on 28/02/2019

Chinese AI startup raises $600m as Beijing pushes chip industry

HONG KONG -- Chinese startup Horizon Robotics raised $600 million on Wednesday for its chipmaking business, as venture capitalists tap into the country's growing appetite for the made-in-China chips. ( read original story ...)

Posted on 28/02/2019

The Winners and Losers From Hong Kong’s Budget 2019

Chan earmarked HK$5.5 billion for a further phase of development at Cyberport, a hub for startups and a center for Hong Kong’s efforts to rebrand itself as a tech leader, as it plays catchup to Shenzh... ( read original story ...)

Posted on 28/02/2019

Hong Kong does not give much weight to obesity, survey finds

Doctors have called on Hong Kong people to start seeing obesity as a disease, after they found that many have been ignoring the problem. The Association for the Study of Obesity polled 1,000 people ov... ( read original story ...)

Posted on 28/02/2019

Hong Kong Derby: ‘proven’ Tianchi Monster keeps the dream alive for Chris So

Tianchi Monster catapulted himself into BMW Hong Kong Derby calculations at Sha Tin on Sunday and trainer Chris So Wai-yin hopes the four-year-old’s 2,000m form will work in his favour in his bid to g... ( read original story ...)

Posted on 28/02/2019

Philippine-based Blockchain Ticketing Startup Raises Capital for SEA Expansion

The startup is now gearing for business expansion in Southeast Asia. Ticket2Me raised $350,000 in fresh capital and reportedly plans to use it to expand operations in major cities outside Metro Manila ... ( read original story ...)

Posted on 27/02/2019

Hong Kong Hands Out Reliefs as Trade War Hits Growth

HONG KONG (Reuters) - Hong Kong unveiled a less ... there were a mix of relief measures for individuals and businesses. Business registration fees were waived for companies this year, and greater ... ( read original story ...)

Posted on 27/02/2019

Doing Business in Hong Kong Seminar and Chinese New Year Reception (Edinburgh)

Invest Hong Kong (InvestHK), the Hong Kong Economic and Trade Office (London), Scottish Development International (SDI) and the Hong Kong Trade Development Council (HKTDC) are delighted to welcome you ... ( read original story ...)

Posted on 27/02/2019

Hong Kong fourth-quarter growth weakest in three years as trade war takes toll

HONG KONG (Reuters) - Hong Kong’s economic growth halved in the fourth quarter and the outlook for the financial hub is clouded by a trade war between Washington and Beijing, Financial Secretary Paul ... ( read original story ...)

Posted on 27/02/2019

Western Union Debuts New Payment Option for Amazon.com Shoppers in Hong Kong

HONG KONG--(BUSINESS WIRE)--The Western Union Company, a leader in cross-border, cross-currency money movement, today unveiled a new payment option that allows Amazon.com customers in Hong Kong to pay ... ( read original story ...)

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