HSBC has earmarked HK$40 billion (US$5.16 billion) for loans to small and medium-sized business owners in response to a push from Hong Kong's government officials who are hoping that the extra capital ... ( read original story ...)
LFX Takes Remaining Stake in 3D-Rendering Startup
LFX acquired the remainder of FNX Technologies, an apparel 3D render automation startup, completing a transaction that began in 2019. ( read original story ...)
Airwallex Launches Online Card Payments Solution in Hong Kong
Airwallex, a digital payments fintech, announced on Thursday the launch of its online card payment acceptance solution in Hong Kong. According to Airwallex, the solution will allow local merchants to ... ( read original story ...)
Hong Kong raises IPO profit minimum in watered-down move
Hong Kong’s exchange backed off from a proposal to double or even triple the annual profit requirement for companies seeking to sell shares on its main board following opposition from banks.The ... ( read original story ...)
JD Logistics finds stellar support for jumbo IPO
JD Logistics wrapped up its jumbo Hong Kong IPO on Thursday after a strong turnout from institutional investors, attracted to the company’s fair valuation and its parent’s credentials. The ... ( read original story ...)
Hong Kong on the Brink
Hong Kong police notified Apple Daily founder Jimmy Lai that his shares in Apple’s parent company, Next Digital, and other assets had been frozen under the national security law Beijing imposed in ... ( read original story ...)
Hong Kong’s jobless rate drops further in February-April period
Hong Kong jobless rate continued to fall over the past three months as business activities were gradually recovering thanks to the ... ( read original story ...)
AP PHOTOS: Art Basel Hong Kong returns after pandemic hiatus
Art Basel Hong Kong, one of Asia's premier art fairs, is back in slimmer form after a hiatus prompted by COVID-19. About 100 galleries from 23 countries are participating, half the pre-pandemic level, ... ( read original story ...)
Hong Kong court backs no-jury security law trials
The first Hong Konger to be charged under Beijing's national security law can be tried without a jury, a senior judge said Thursday in a ruling that cements the financial hub's fast-changing legal ... ( read original story ...)
Coronavirus: 4-year-old’s case ‘very likely’ a false positive, experts say, as Hong Kong expects another day without an untraceable infection
The final testing of a four-year-old Hong Kong boy previously diagnosed with Covid-19 has confirmed no traces of the virus in his nasal or blood systems, according to a source, a finding local health ... ( read original story ...)
ByteDance Founder Steps Down as CEO Ahead of Mega IPO
ByteDance Ltd. founder Zhang Yiming will cede the reins of TikTok’s owner to an old college roommate and lieutenant, stepping back from running the world’s most valuable startup ahead of its highly ... ( read original story ...)
Hong Kong bank deal offers helpful exit ramp
Chong Hing’s majority owner is offering to buy the rest at a $2.6 bln valuation, or 0.9 times book. That’s less than half the multiple the Guangzhou-backed fund paid in 2013. Greater Bay Area ... ( read original story ...)
Hong Kong court denies jury trial to first person charged under national security law
The first person charged under the national security law in Hong Kong will face a trial without jury, the city's High Court ruled on Thursday, in a landmark decision which marks a departure from the ... ( read original story ...)
Hong Kong fintech can be the world’s gateway into the Asian Century
In a shifting investment landscape with few certainties, there is one thing international investors can agree on. The direction of the next 10 years, and perhaps this century, will be driven by ... ( read original story ...)