Prenetics is set to merge with Artisan Acquisition, a special purpose acquisition company backed by Hong Kong billionaire Adrian Cheng, a source told CNBC. ( read original story ...)
Business startup base aims to help young entrepreneurs
A new business startup base for young people from Guangdong province and the special administrative regions of Hong Kong and Macao kicked off in the Nansha district of Guangzhou on Thursday. The ... ( read original story ...)
Hong Kong police arrest four over alleged $155 million Tether money laundering scheme
The suspects, aged between 24 and 33, had opened numerous bank accounts to make crypto transactions, Hong Kong authorities said. ( read original story ...)
Hong Kong journalist union says press freedoms ‘in tatters’
Hong Kong's press freedoms are "in tatters" as China remoulds the once outspoken business hub in its own authoritarian image, the city's main journalist union said Thursday, adding it feared "fake ... ( read original story ...)
Want a new life in Vanuatu? Take the lift to the 23rd floor of a skyscraper in Hong Kong
The Pacific Resource Group in Hong Kong facilitated the applications of more than 650 people for passports through the Vanuatu Contribution Program last year ... ( read original story ...)
Hong Kong stocks rise as traders assess China’s GDP momentum while Alibaba, Tencent temper tech losses
Hong Kong stocks rose as traders weighed China's slowing economic growth momentum even as data on factory production and retail sales data beat market estimates. Alibaba Group Holding and Tencent ... ( read original story ...)
China’s yuan inches higher, GDP data caps gains
China's yuan inched higher against the dollar on Thursday, to reflect some weakness in the greenback in global markets, but gains were capped by a slightly weaker-than-expected second quarter growth ... ( read original story ...)
Hong Kong, Macao Banks to Lead Recovery in Mainland China Exposure
Fitch Ratings expects the recoveries in APAC economies in 2021 to support better growth prospects for banks' mainl ... ( read original story ...)
YC-backed Deskimo, an on-demand coworking space app, launches in Singapore and Hong Kong
Part of Y Combinator’s current batch, Deskimo wants to make finding coworking spaces easier. Its on-demand booking app is currently available in Singapore and Hong Kong, with plans to enter more ... ( read original story ...)
Hong Kong customs arrest four in first crypto laundering bust
Hong Kong customs officials said Thursday they had dismantled a money laundering syndicate that used cryptocurrency to process some HK$1.2 billion ($155 million) in illegal funds, in what they said ... ( read original story ...)
TSX Awaits BoC Word
Futures for Canada's main stock index slipped on Wednesday, with investors expecting the central bank to announce a further tapering of its asset purchases later in the day. TSX Composite index ... ( read original story ...)
Hong Kong Property Investors Should Fear the Fed
Movements in two key measures of financial-market liquidity — the Hong Kong Monetary Authority’s aggregate balance and the one-month interbank rate — show how dramatically conditions shifted as the ... ( read original story ...)
Hong Kong’s Booming IPO Market Poised for Lift From China Curbs
The tailwinds lifting the Hong Kong bourse’s prospects are blowing from east and west: China is applying heavy scrutiny on overseas listings as well as its homegrown exchanges, sending companies to ... ( read original story ...)
Hong Kong Easing Travel; Grim Argentine Landmark: Virus Update
Hong Kong next month will allow vaccinated residents and workers to return from the U.K., Brazil, India and other countries it labeled as extremely high-risk areas, according to the South China ... ( read original story ...)