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 ...)
Hong Kong’s future Northern Metropolis looks to be a home for innovators
With state-of-the-art technologies and a self-contained community, the city is being positioned as a global high-tech, financial and logistics hub ... ( read original story ...)
Why Alibaba, JD And Other Tech Stocks Are Crashing In Hong Kong Today
Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Monday, dragging the benchmark Hang Seng Index into negative territory. Why Is It Moving? ( read original story ...)
IDG Capital, Hong Kong’s Towngas to Form USD1.6 Billion Zero-Carbon Tech Fund
Investment firm IDG Capital and Hong Kong and China Gas, also known as Towngas, plan to set up a CNY10 billion (USD1.6 billion) zero-carbon technology fund, helping China to meet its environmental ... ( read original story ...)
Hong Kong’s top judge defends city’s rule of law in face of international concern
Hong Kong's top judge on Monday said the city's vaunted judicial independence was "a fact", acknowledging international and local concerns as prosecutions mount under a Chinese-imposed national ... ( read original story ...)
Owner of Hong Kong’s Citybus, New World First Bus sells 27-year stake in Octopus Holdings amid spiralling coronavirus fifth wave
The new owner of struggling Hong Kong franchised bus firms Citybus and New World First Bus has sold its 27-year stake in contactless payment company Octopus Holdings. Without revealing the proceeds of ... ( read original story ...)
Tuhu Car drives in for Hong Kong listing
Tencent Holdings-backed Tuhu Car, a Chinese auto service provider, is seeking the greenlight for an IPO in Hong Kong. The issuer submitted draft documents with the Hong Kong Stock Exchange on Monday. ( read original story ...)
HANG SENG BANK’s Head of Digital Banking Resigns: Report
Herman Cheng, having served as Head of Digital Banking at HANG SENG BANK (00011.HK) for more than five years, has tendered his resignation with effect from the end of February, Hong Kong Economic ... ( read original story ...)