The Hong Kong University of Science and Technology Business School has received $20 million in funding for research on payment systems, including those using blockchain. The Hong Kong University of Sc... ( read original story ...)
Digital payment fight brewing in Hong Kong
HONG KONG: Hong Kong's shopping districts are well known for their fierce competition. Now, a new battleground is forming as digital payment firms fight for retailers and shoppers. Chinese tech giants ... ( read original story ...)
Industrial Bank Co., Ltd creates Hong Kong private banking business
Fuzhou-headquartered Industrial Bank Co., Ltd, one of China's largest banking groups, has selected Avaloq to provide a comprehensive front-to-back banking solution for its Hong Kong Branch private ban... ( read original story ...)
Industrial Bank Co., Ltd creates new Hong Kong Private Banking Business with Avaloq Banking Suite
Fuzhou-headquartered Industrial Bank Co., Ltd, one of China’s largest banking groups with total assets of CNY 6.09 trillion1, has selected Avaloq to provide a comprehensive front-to-back banking solut... ( read original story ...)
Hong Kong Monetary Authority intervenes in currency market for first time since May
Hong Kong’s de facto central bank said it has stepped in the foreign currency market to defend the Hong Kong dollar for the first time since May, bringing a key property loan interest rate closer to a ... ( read original story ...)
Goldman-Backed Heart Valve Startup Is Said to Mull Hong Kong IPO
Venus MedTech, a Chinese developer of heart valve replacements backed by Goldman Sachs Group Inc., is considering a Hong Kong initial public offering, people with knowledge of the matter said. Venus, ... ( read original story ...)
Logistics startup Lalamove seeks to expand in Malaysia
After raising US$100 million (around HK$780 million) in series C funding in October last year, Hong Kong logistics startup Lalamove has ventured into the Malaysia market, testing its services in Kuala ... ( read original story ...)