Category: BUSINESS

JHL Biotech, a Taiwan developer of cheaper alternatives to patent-protected biological drugs, has raised US$106 million from a convertible bond issue, ahead of its planned Hong Kong initial public offering (IPO) aiming to raise some US$250 million. ( read original story ...)

HONG KONG—NIO, the Chinese electric vehicle startup backed by Tencent Holdings Ltd., has filed confidentially for a planned U.S. initial public offering, people with knowledge of the matter said. The Shanghai-based carmaker has submitted an initial ... ( read original story ...)

Increasing support from corporate-sponsored incubation programmes and government investment has nurtured a growing number of start-ups in Hong Kong, but many say the real challenge for entrepreneurs is a dearth of early-stage risk capital from venture ... ( read original story ...)

For more than half a century, Hong Kong has been a city where the world’s wealthy come to play, do hundred-million-dollar business deals, and wine and dine. Perhaps no restaurant in Hong Kong is more synonymous with wealth than Cantonese eatery Fook Lam ... ( read original story ...)

Hong Kong is a dazzling city. With a dazzling international airport. And some great hometown airlines. Though not the oldest or largest among them, Hong Kong Airlines has arguably been the most exciting over the past year, launching new long-haul routes to ... ( read original story ...)

In an age when trust in the media is in peril, FactWire crowdfunded $600,000 when it started out in 2016 with the promise of a simple vision — investigative journalism based on fact, not opinion, and not beholden to business or political interests of any ... ( read original story ...)

A growing number of well-off Chinese are choosing to invest their wealth offshore, according to a latest McKinsey report ... and strengthen their private-banking teams in cities such as Hong Kong, Singapore, London and Zurich, to fight for a larger ... ( read original story ...)

For more than half a century, Hong Kong has been a city where the world's wealthy come to play, do hundred-million-dollar business deals, and wine and dine. Perhaps no restaurant in Hong Kong is more synonymous with wealth than Cantonese eatery Fook Lam ... ( read original story ...)

It will collaborate with the Hong Kong Science and Technology Parks Corporation (HKSTP) to roll out a six-month accelerator programme starting September to nurture AI start-ups in the city. “SenseTime had the opportunity, the environment and the talent ... ( read original story ...)

Receive 75,000 bonus Qantas Points when you spend $2,500 on eligible purchases In the first 3 months. Save $425 with no annual fee for the first year. Eligibility criteria, T&Cs, fees and charges apply. Click here now. If you’re among the million-plus ... ( read original story ...)

Hong Kong’s financial sector had long been dominated by traditional institutions, but in recent years the city has seen a rising number of fintech startups trying to push their way into the market on the back of innovation and technology development. ( read original story ...)

HONG KONG (Reuters) - The head of Hong Kong Exchanges and Clearing on Thursday said it would take time for the group to develop its metals business on the Chinese mainland. That includes plans such as developing its mainland commodity business in Qianhai ... ( read original story ...)

Community Business, a leading not-for-profit organisation advancing responsible and inclusive business practices in Asia, revealed the winners of its 2018 Hong Kong LGBT+ Inclusion Awards in commemoration of the International Day Against Homophobia ... ( read original story ...)

The business performance of SEs that did not receive government ... A study on the SE sector in Hong Kong found that privately-owned SEs tend to find it difficult obtaining financial, marketing and human-resource support. There is an urgent need to build ... ( read original story ...)