The ETF Connect program between the Chinese Mainland with Hong Kong to attract more capital into the region and reignite interest in the RMB. ( read original story ...)
AI-Powered Hong Kong Biotech Startup Raises $60 Million From Top VCs Including B Capital, Qiming
Hong Kong-based biotech startup Insilico Medicine has raised $60 million in Series D funding from investors including Singapore billionaire Eduardo Saverin's B Capital Group, private equity giant ... ( read original story ...)
Coronavirus: Hong Kong snack chain Aji Ichiban shuts all 20 retail outlets amid losses from lack of tourists during pandemic
Company once operated over 100 shops at its peak in 2017, but pandemic forced it to reduce stable of stores to about 20 this year as number of tourists dwindled. ( read original story ...)
Hong Kong tram fares to increase to HK$3 for adults, HK$1.50 for children from July 11
Starting July 11, a single trip for people aged 12 or above will go up from HK$2.60 (US$0.33) to HK$3. For children aged 3 to 11, the fare will rise from HK$1.30 to HK$1.50. The price for those aged ... ( read original story ...)
HSBC hires global head of UHNW solutions
Irene H Y Chen, who joins from Citibank, will be responsible for providing highly structured products to high-net-worth and ultra-high-net-worth clients, as well as family offices. ( read original story ...)
Citigroup to hire 3,000 in Asia institutional banking business in growth push – Asia CEO
HONG KONG - Citigroup Inc plans to hire around 3,000 new staff for its Asia institutional business in the next few years, sharpening its focus in a fast-growing region where it has exited consumer ... ( read original story ...)
Exclusive-Citigroup to Hire 3,000 in Asia Institutional Banking Business in Growth Push -Asia CEO
Citigroup Inc plans to hire around 3,000 new staff for its institutional business in Asia in the next couple of years, sharpening its focus in a fast-growing region where it has exited consumer ... ( read original story ...)
North Star Meat shelves IPO
Philippine meat company North Star Meat Merchants has decided to delay its Ps3.92bn ($74m) domestic IPO due to market volatility amid inflation concerns. One of the southeast Asian country’s largest ... ( read original story ...)
Hong Kong extends regulatory rules to NFT-based collective investment schemes, warning investors to be mindful of risks
NFTs that are fractionalised or structured in a way similar to securities or interests in a ‘collective investment scheme’ will have to obtain a licence from Hong Kong’s securities regulator. ( read original story ...)
Hong Kong leader defends police action to close off Victoria Park on June 4
Carrie Lam says politically sensitive date on anniversary of Tiananmen Square crackdown could spur activists to incite violence. ( read original story ...)
Foreigner in Hong Kong gets severe tummy pain after eating dumplings the wrong way
Made with glutinous rice (or sometimes other types of grains) and stuffed with all sorts of fillings ranging from pork and mushrooms to salted eggs and chestnuts, these dumplings are truly some of the ... ( read original story ...)
Hong Kong Resists New Virus Curbs Despite Talk of Xi Visit
Hong Kong won’t tighten Covid curbs before the city’s July 1 handover anniversary, Chief Executive Carrie Lam said, despite speculation President Xi Jinping will attend the celebrations.Most Read from ... ( read original story ...)
Hong Kong says NFTs on certain assets may class as regulated securities
Non-fungible tokens (NFTs) can be regulated if they represent similar characteristics to securities, particularly in the category of “collective investment schemes,” Hong Kong’s Securities and Futures ... ( read original story ...)
Hong Kong landlords and sellers should brace themselves for a more realistic property market in the near term
It now takes 18 minutes to get from Sha Tin to the city’s primary central business district ... For lack of a better word, Hong Kong has entered into a realistic property cycle. Despite rigid ... ( read original story ...)