According to a McKinsey study in 2016, the platform was the biggest music streaming app in Thailand, Hong Kong, Malaysia and Indonesia, and accounts for over half of market share in Thailand (56%) and ... ( read original story ...)
Driverless vehicle technology advances amid pandemic, commercialization pace accelerated
Automated vehicles have also provided passenger luggage support at Hong Kong International Airport throughout the pandemic ... while Baidu already has approval to test self-driving vehicles on city ... ( read original story ...)
The 30 Under 30 Media And Marketing Entrepreneurs Catering To Asia’s Digital Native Generation
To young entrepreneurs making the media and advertising category of this year’s 30 Under 30 list in Asia, these novel technologies and services are shaping up to be the future of their industry. ( read original story ...)
Hong Kong startup Neat raises $11 million Series A to give small companies more financial services
The round was led by Pacific Century Group, with participation from Visa and MassMutual Ventures Southeast Asia, and returning investors Dymon Asia Ventures, Linear Capital and Sagamore Investments. ( read original story ...)
China, Hong Kong stocks rise on better-than-expected trade data
China and Hong Kong stocks gained on Tuesday, after the world’s second-largest economy posted better-than-expected trade data despite the coronavirus outbreak. ** China’s exports fell 6.6% in March ... ( read original story ...)
Credit Suisse Drops Off WeDoctor’s Planned Hong Kong IPO
Credit Suisse Group AG has dropped off the initial public offering of one of China’s top online health-care startups, dealing a fresh blow to its business taking companies in the region public after ... ( read original story ...)
Alibaba-Backed AI Startup Sales Triple Enroute to IPO
Megvii Technology Ltd. for the first time revealed the stunning growth fueled by a nation’s obsession with security.The Alibaba Group Holding Ltd.-backed startup tripled revenue to 949 million yuan ... ( read original story ...)
Education technology startups hope to keep new customers’ attention after quarantine
Local "edutech" companies have responded to an unprecedented opportunity to expand as the spread of the coronavirus simultaneously disrupted the school year for nearly 300 million students worldwide. ( read original story ...)
China, Hong Kong stocks slip as global coronavirus cases surpass one million
China and Hong Kong stocks fell on Friday, as coronavirus worries continued to pressure the markets with infections surpassing one million globally. SHANGHAI, April 3(Reuters) - China and Hong Kong ... ( read original story ...)
China’s Bank of Gansu Pledges 30 Billion Yuan Loans, Report of Capital Injection
The Hong Kong-listed bank, which is controlled by the provincial government ... Caixin didn't specify the size of the capital injection. People's Bank of China officials declined to respond to ... ( read original story ...)
Dividend Halt Puts HSBC at Risk of Losing Core Investors
HSBC Holdings Ltd.’s dividend suspension threatens to cost the lender some of its core investor appeal in Hong Kong. ( read original story ...)
HSBC Hong Kong shareholders mull legal action over dividend suspension
HSBC shareholders in Hong Kong are calling for an extraordinary meeting with the bank's management and considering legal action against its decision to scrap dividend payments. HSBC and other top Brit ... ( read original story ...)
HSBC Hong Kong Asset Management Units Fined $450,000
Hong Kong's markets regulator has fined two HSBC units HK$3.5 million ($451,456) for regulatory breaches. The Securities and Futures Commission (SFC) said that some of the 53 funds managed by HSBC ... ( read original story ...)
Hong Kong Dividend Traders Had Already Priced In HSBC’s Big Cut
Payments to shareholders by Hong Kong companies will be better than elsewhere, dividend futures show, even if one of the city’s biggest stocks won’t be handing out cash this year. ( read original story ...)