Freshippo, the Alibaba Group Holding Ltd. grocery chain known for selling cooked lobsters and grouper freshly chosen from fish-tanks in the store, has started preparations for a Hong Kong initial ...
Hong Kong Interbank Liquidity Set to Hit Lowest Since 2008
Hong Kong’s interbank liquidity is falling toward its lowest level since the global financial crisis, as a wide gap between local and US interest rates forces the Asian financial hub to use frequent ...
Hong Kong’s cash dwindles to 15-year low, putting pressure on banks to raise interest rates to stem booming carry trade
The Wednesday intervention will bring the aggregated balance below HK$50 billion threshold to HK$49.23 billion the lowest since 2008 The low balance reflect low liquidity in the banking sector and may ...
Why China is struggling with international travel—geopolitical tensions, economic timidity
China’s ambitions to restart business as usual hinges on their ability to manage increasingly fraught relations with the US, Europe, and the rest of the world.
Non-techies or self-taught talent can thrive in Hong Kong’s innovation ecosystem
Gamer A: ‘SHUT UP! But you’re not a computer science major.’ Gamer B: ‘Don’t need to be. That’s a myth! I’m learning to code online’ ...
Chinese cities add millionaires at fastest pace globally as Hong Kong falls behind Singapore
Mainland Chinese cities post the fastest growth in millionaire population globally as Hong Kong registers a contraction, falling behind rival Singapore.
New box jellyfish species found in Hong Kong’s waters -study
A Hong Kong university team said it has discovered a new species of box jellyfish in the city's Mai Po Nature Reserve, the first discovery of the venomous species in China's waters.
Hong Kong leader vows to crack down on ‘hostile forces’ as Beijing official concludes visit
Hong Kong should never forget the “alarm bell” of the 2019 anti-extradition bill unrest and the harm it brought to the city, Chief Executive John Lee has said as he vowed to crack down on “hostile and ...
Billionaire Li Ka-Shing Backs Biocomputing Startup That Takes On AI With Lab-Grown Brain Cells
Cortical Labs, an Australian startup developing a new type of artificial intelligence that combines lab-grown human brain cells with computer chips, has raised $10 million in a funding round led by ...
Australia and Singapore AI startup Cortical Labs raises $10m
Australia- and Singapore-based artificial intelligence startup Cortical Labs has closed a $10 million funding round led by Horizons Ventures, a Hong Kong-based private venture capital company owned by ...
Hong Kong Is Vying To Be The Next Crypto Hub
Hong Kong has historically provided fertile soil to grow financial institutions. Can it also make magic for crypto firms?
Hong Kong Interbank Liquidity Shrinks Toward Lowest Since 2008
Hong Kong’s interbank liquidity is falling toward its lowest level since the global financial crisis, as a wide gap between local and US interest rates forces the Asian financial hub to use frequent ...
Hong Kong leader rejects calls to drop property cooling measures
Plea from real estate developer group rebuffed as Chief Executive John Lee says measures introduced to discourage property speculation ‘still applicable’.
Ping An calls for HSBC to separately list Asian arm in Hong Kong as it continues to push for restructuring
HSBC's biggest shareholder calls for the bank to remain a majority shareholder of a separately-listed Asia business Ping An has been calling in the past year for HSBC to consider changes to enhance ...