Everything you need to need to know about the largest global startup funding rounds of September 2022; broken down by industry, stage, investors, and ... ( read original story ...)
Hong Kong online brokerage TOP Financial stock plunges 74%, hits new all-time low
Online brokerage TOP Financial (TOP) stock plunged 74% Friday afternoon, hitting a new all-time low. Read more here. ( read original story ...)
World record pink diamond sold for $57.7M in Hong Kong: ‘Appetite for rare’
A bidder from the U.S. purchased an 11.15-carat Williamson Pink Star diamond for a record-breaking price per carat at a recent Sotheby's Hong Kong auction. ( read original story ...)
Hong Kong property stocks regain favour as investors and developers bank on John Lee’s policy tailwinds
“The move would not be a surprise to us,” said Raymond Cheng, property analyst in Hong Kong at CGS-CIMB. “It is a way to attract more talent, especially from mainland China.” The action may be needed ... ( read original story ...)
Hong Kong may roll out the IPO mat for Big Tech even before they earn a single dollar, in city’s biggest listing reform in four years
Under Chapter 18C of Hong Kong's listing rules, pre-revenue Big Tech companies valued at HK$15 billion to HK$20 billion can apply to raise capital The valuation can be cut to HK$8 billion if the ... ( read original story ...)
Coronavirus: return of live shows is music to the ears of struggling bar owners in Hong Kong
While operators welcome the move, they call on government to do more, such as scrap the 2am closing time and limits on seating ... ( read original story ...)
Hong Kong may roll out the welcome mat for Big Tech IPOs even before they earn a single dollar, in city’s biggest listing reform in four years
Under Chapter 18C of Hong Kong's listing rules, pre-revenue Big Tech companies valued at HK$15 billion to HK$20 billion can apply to raise capital The valuation can be cut to HK$8 billion if the ... ( read original story ...)
Hong Kong risks business reputation over yacht linked to Putin ally, says US
Hong Kong could damage its reputation as a financial hub if it gives haven to sanctions dodgers, the United States cautioned Saturday, after the city said it would not act against a superyacht ... ( read original story ...)
Pink diamond sells for record $57.7M at Hong Kong auction
A pink diamond has been sold for $57.7 million in Hong Kong, setting a world record for the highest price per carat for a diamond sold at auction ... ( read original story ...)
BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Short Interest Up 2,450.0% in September
Limited (OTCMKTS:BHKLY – Get Rating) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 5,100 shares, a growth of 2,450.0% ... ( read original story ...)
Hong Kong to clarify stance on cryptocurrencies during FinTech Week amid Web3 talent exodus
The Hong Kong government is set to unveil a new policy statement to show its vision of developing the city into a global virtual asset centre Local investors have voiced concerns that regulatory ... ( read original story ...)
Amid US-China tension over chips, Hong Kong start-ups have a role to play
Readers discuss how Hong Kong can help solve China's chip supply issues, the possibility of including permanent residents in Greater Bay Area opportunities, the meagre wage increase for foreign ... ( read original story ...)
PayPal Terminates Hong Kong Account of Pro-Democracy Group
One of Hong Kongs last remaining pro-democracy activist groups has had its account with online payments processor PayPal terminated The League of S ... ( read original story ...)
Hong Kong stocks halt six-day slump as HSBC, Alibaba surge, slower-than-expected inflation aids China policy-easing view
Stocks rally with regional markets following overnight gains in US equities as programme-buying said to kick in after a major sell-off this year Almost all of the 73 Hang Seng Index members rose, ... ( read original story ...)