Economists estimate growth levels of 1 to 2 per cent in first quarter of 2022 but say recovery will depend on duration of business restrictions. ( read original story ...)
Hong Kong leadership hopeful proposes land development, bridge to Lamma and mega-prison
Checkley Sin, who became the first person to announce his intention to run in Hong Kong’s small-circle chief executive election last Wednesday, has proposed building a Lamma Island mega-prison to ... ( read original story ...)
Hong Kong authorities shut down the region’s last independent news outlets
Someone is trying to preserve the news of the past in Hong Kong. Independent news about the present is getting hard to find. Under government pressure, the pro-democracy paper Apple Daily shut down, ... ( read original story ...)
Malaysian B2B Marketplace Startup Raises $7 Million To Help Digitalize Businesses
Dropee, a B2B e-commerce marketplace based in Malaysia, raised $7 million in Series A funding led by returning investor Vynn Capital. ( read original story ...)
FWD Group raises $200m ahead of Hong Kong IPO
Asian insurer FWD Group has raised $200m (£148m, €177m) in funding ahead of its planned Hong Kong initial public offering (IPO), according to Reuters. Reports said that the the two investors ... ( read original story ...)
HSBC adds portfolio advisory and analytics for experienced investors
Wealth Portfolio Plus’ empowers experienced investors with more options, visibility and control over their portfolios. ( read original story ...)
Hong Kong reports 109 new COVID-19 cases
Hong Kong reported 109 new confirmed cases of COVID-19 over the past 24 hours on Monday, taking the total tally to 13,395, according to data from the Center for Health Protection. The newly reported ... ( read original story ...)
Hong Kong billionaire loses half of her fortune in days amid China probe
Hong Kong-based Huabao International's billionaire CEO Chu Lam Yiu's wealth declined by 50% as shares of her company plunged 67% after a Chinese city's supervisory committee began probe into Chu for ... ( read original story ...)
Hong Kong rocked by mental health epidemic
Hong Kong is coping with a mental health crisis as the city's happiness index has fallen. Despite the growing crisis, the city's public health system is struggling to cope -- with some patients having ... ( read original story ...)
SG mental health startup Intellect closes $10m Series A round led by HOF Capital
The startup plans to expand to Hong Kong and Australia — these are developed markets with sufficient mental health awareness, Chew said — where a lot of Intellect’s new users are originating from. The ... ( read original story ...)
Alibaba, JD.com pace stock losses in Hong Kong amid global tech, crypto slump on policy risks
Stocks tumbled amid global risk-off sentiment after US tech and cryptocurrencies suffered a beating last week amid policy tightening risks. ( read original story ...)
Cathay Pacific shares rise as Hong Kong’s flagship carrier expects 2021 losses to narrow on cargo demand and belt-tightening measures
Net loss at Hong Kong’s flag carrier is likely to be between HK$5.6 billion (US$719 million) and HK$6.1 billion last year, significantly lower than the HK$21.6 billion loss in 2020. ( read original story ...)
Hong Kong’s top judge dismisses concerns about rule of law
Hong Kong's chief justice on Monday defended the handpicking of judges to hear controversial national security cases, dismissing "unsubstantiated" concerns about the rule of law in the Chinese finance ... ( read original story ...)
Streamline building processes to cut average waiting time for public flat in Hong Kong to 3.7 years, think tank urges
Our Hong Kong Foundation’s report says average waiting time for public flats can be cut from 5.9 to 3.7 years if unnecessary processes or repetitive public consultations are reduced. ( read original story ...)