HONG KONG (REUTERS) - A growing number of Chinese tech start-ups are cancelling plans to list on Nasdaq-style markets at home with some eyeing Hong Kong share sales instead, as regulators tighten ... ( read original story ...)
To boost Hong Kong ethnic minority students’ job prospects, start with Chinese language qualifications
I am writing in response to Ms Sky Siu's letter published concerning racial discrimination in Hong Kong ("Hong Kong must leave no ethnic minority youth behind", March 22). It is no secret that ethnic ... ( read original story ...)
Hong Kong property start-ups seek capital boost in anticipation of post-Covid market rebound
Some Hong Kong property-related start-ups are on the hunt for fresh capital as they ramp up expansion plans, suggesting an imminent rebound in market confidence as the coronavirus pandemic comes under ... ( read original story ...)
Chinese tech startups pull IPO plans as regulators tighten scrutiny
“It’s time for a clean-up.” DaoCloud, a Shanghai-based cloud computing start-up, had planned a STAR IPO this year, but is now considering a Hong Kong listing instead, deterred by the likelihood of ... ( read original story ...)
If Disneyland dies and Hong Kong’s port shrivels, an alternative ‘Lantau Tomorrow Vision’ could emerge
With a dwindling import-export trade and a 16-year-old theme park struggling to turn a profit, perhaps it’s time to ‘Let It Go’ and repurpose the land to solve the city’s more immediate needs. ( read original story ...)
HKBN, Microsoft Team Up to Support SMEs in Hong Kong
HKBN Group and Microsoft Hong Kong have joined hands to provide the best-fit remote applications for local enterprises. ( read original story ...)
Carbon-neutral goal: CLP eyes hydrogen-powered plants to cut emission as Hong Kong prepares to update 2050 neutrality target
CLP Holdings, the bigger of two power utilities in Hong Kong, aims to reduce its carbon emission level to 0.15 kilogram per kilowatt-hour by 2050 from 0.57 in 2020, by looking at hydrogen fuel as a ... ( read original story ...)
Hong Kong Shares Poised To Reverse Friday’s Losses
The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of ... ( read original story ...)
Analysis: Chinese tech start-ups pull IPO plans as Beijing tightens scrutiny
"It's time for a clean-up." DaoCloud, a Shanghai-based cloud computing start-up, had planned a STAR IPO this year, but is now considering a Hong Kong listing instead, deterred by the likelihood of ... ( read original story ...)
China’s Didi picks Goldman, Morgan Stanley for mega US IPO
HONG KONG: China’s top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans to file confidentially for the New York float this month, two ... ( read original story ...)
Biden team eyes potential threat from China’s digital yuan plans
The People’s Bank of China has rolled out trial issuance of a digital yuan ... for International Settlements along with the United Arab Emirates, Thailand and Hong Kong’s monetary authority. The Biden ... ( read original story ...)
Asia Stocks Set for Steady Start on Growth Outlook: Markets Wrap
Asian stocks look poised for a steady start Monday after a third straight weekly Wall Street advance, with Federal Reserve Chair Jerome Powell flagging the prospect of stronger growth and hiring. The ... ( read original story ...)
Chinese Ride-Hail Startup Didi Prepping US IPO
The Softbank-backed startup has signed on with JPMorgan Chase & Co., Morgan ... Founded about a decade ago, Didi Chuxing had been considering Hong Kong for its IPO in 2020. Didi Chuxing dangled the ... ( read original story ...)
Coronavirus: contact-tracing ‘Leave Home Safe’ app records 3.8 million downloads – representing over half of Hong Kong’s population
Information and technology minister Alfred Sit says around 19,000 people have got tested for Covid-19 over past two months upon being alerted by the app. ( read original story ...)