Ola last announced a fund-raise of $1.1 billion from China’s Tencent Holdings and SoftBank in October 2018 SoftBank-backed Ola has raised another $74 million from its existing investors HongKong-based ... ( read original story ...)
Hong Kong’s recent mysterious US$4.8 billion stock plunge underscores risk in world’s 4th-largest equity market
Hong Kong’s second unexplained wave of stock plunges in three months shows the risks investors face in the world’s fourth-largest equities market. Ten mid- and small-cap shares plummeted as much as 81 ... ( read original story ...)
Nearly half of Chinese, Hong Kong companies have gone ahead with deals despite compliance concerns, survey says
That compared a 60 per cent average among companies who responded worldwide. The survey interviewed more than 1,300 business leaders in Brazil, Canada, China, Germany, Hong Kong, Spain, the United Kin... ( read original story ...)
Storyful moves Hong Kong operations to Sydney office in business restructure
News Corp-owned Storyful has shuttered its Hong Kong office with responsibility for East Asian reporting taken over by the company’s Sydney office. The closure of the Hong Kong office comes as ... ( read original story ...)
Hong Kong rugby team’s rousing rendition of China’s national anthem earns high praise from Chinese fans
Before the start of the match when March of the Volunteers was broadcast, most Hong Kong team members sung along with the anthem, some with great emotion. Sina Sports showed the footage on Friday, whi... ( read original story ...)
ID card replacement to start
Hong Kong residents born in 1985 or 1986 can apply for a new smart identity card at a Smart Identity Card Replacement Centre from January 21 to March 30, the Immigration Department announced today. El... ( read original story ...)
Hong Kong police urged to pursue attack on Hong Kong bus driver by two mainland Chinese women
A legislator has urged Hong Kong police to investigate an alleged attack on a bus ... The source said the dispute started when two mainland women and a young girl got onto the bus at the start of the ... ( read original story ...)
Hong Kong Business hails the most exceptional enterprises at the Hong Kong High Flyers Awards 2018
HONG KONG, Jan. 18, 2019 /PRNewswire/ -- On its 15 th year, the Hong Kong High Flyers Awards is soaring to even greater heights. For the 2018 edition, 22 enterprises in their respective sectors ... ( read original story ...)
New transport links boost business and tourism for Hong Kong and Pearl River Delta
Hong Kong's new high-speed train station, along with the new Hong Kong - Zhuhai – Macao bridge, have slashed travel times for millions of people throughout China’s Pearl River Delta region. It's chang... ( read original story ...)
A bunch of stocks in Hong Kong crashed 70% without warning — and no one really knows why
The stock price of several Hong Kong-listed companies plunged during trading Thursday, leaving investors and analysts baffled as to what caused the sudden plunge. Among the worst hit companies were Ji... ( read original story ...)
Telia Carrier Continues Asia Pacific Expansion with Second Point-of-Presence in Hong Kong
STOCKHOLM & HONG KONG--(BUSINESS WIRE)--Telia Carrier announced today the opening of an additional Point-of-Presence (PoP) at the Equinix HK1 data center in Hong Kong. This deployment further extends ... ( read original story ...)
How the CEO of a Startup spent Christmas
Hi, I’m Edmond. In January 2017, I co-founded a startup in Hong Kong where I’m the CEO. We’re building an organisation platform that helps people connect communities with organisations. ( read original story ...)
5 Asia start-ups hope to edge out global competition to win hearts of judges and the public
Hong Kong has always been famous for its entrepreneurial spirit, so it should come as no surprise that the city is becoming a global hub for start-ups. Data recently released by the government departm... ( read original story ...)
Hong Kong’s struggling pay TV provider, iCable, enters China through deal with Guangdong CableTV Network in bid to revive fortunes
She was referring to Beijing’s plan to create an economic hub by linking Hong Kong, Macau and nine other cities in Guangdong province. The two companies will also collaborate in the areas of business ... ( read original story ...)