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Tag: business

Posted on 16/04/2024

Chinese tea shop giant Sichuan Baicha Baidao aims to raise US$330 million in Hong Kong’s biggest IPO of 2024

Chinese tea shop giant Sichuan Baicha Baidao Industrial aims to raise HK$2.5 billion (US$330 million) in a Hong Kong initial public offering, set to be the city’s largest new-share sale of the year, ...

Posted on 16/04/2024

Beijing’s call for ‘new mindset’ in Hong Kong shows city leaders must step up, analysts say

Xia Baolong, director of the State Council's Hong Kong and Macau Affairs Office, urged city to adopt 'new mindset' and rely on more than its traditional advantages Analysts say call signals central ...

Posted on 15/04/2024

Spot Bitcoin Approved in Hong Kong: Expert Insights on Altcoin Potential

Hong Kong's recent approval of spot Bitcoin ETFs heralds a significant shift. This move could have a ripple effect on other cryptocurrencies, often termed ...

Posted on 15/04/2024

Hong Kong conditionally approves first bitcoin and ether ETFs

Hong Kong's securities regulator on Monday granted conditional approval to start the city's first spot-bitcoin and ether exchange-traded funds (ETFs), firms involved said, positioning it as a leader ...

Posted on 15/04/2024

Cryptos gain as Hong Kong greenlights bitcoin, ether ETFs

Hong Kong gave conditional approvals for asset managers to start spot-bitcoin and ether exchange-traded funds, the firms said, a development that boosted both tokens and the wider crypto market.

Posted on 15/04/2024

Singapore Car Startup Seeks Valuation of Over $1.5 Billion

Southeast Asia’s used-car marketplace Carro is raising about $100 million as it gears up for a stock-market debut, betting that new funds will cement it as the region’s top player.Most Read from Bloom ...

Posted on 15/04/2024

S’pore startup Carro looks to raise S$136M in pre-IPO funding round, aims for S$2B valuation

"We are ready for an IPO. Whether or not we list depends on the broader macro environment," said Carro CEO Aaron Tan.

Posted on 15/04/2024

Hong Kong has ‘bright future’ after new security legislation, Beijing’s top official on city’s affairs says

Hong Kong has a “bright future” after the enactment of a new national security law, Beijing’s top man on the city’s affairs has said, as he hit back at criticism of the law. Xia Baolong, the director ...

Posted on 15/04/2024

China Vows More Support for Hong Kong as It Touts New Security Law

China’s top official overseeing Hong Kong promised new policies to help the city’s economy — without giving details — a month after the passage of a new Beijing-backed security law that’s raised ...

Posted on 15/04/2024

Hong Kong Gives Initial Bitcoin, Ether ETF Nod, Issuers Say

Hong Kong gave initial approvals for asset managers to start spot-Bitcoin and Ether exchange-traded funds, the firms said, a development that boosted both digital assets as well as the wider crypto ...

Posted on 15/04/2024

HKSTP Companies Exhibit the Latest AI Technology Solutions at InnoEX 2024 and the Hong Kong Spring Electronics Fair (Spring Edition)

Hong Kong as an international metropolis of intelligence. HONG KONG SAR - Media OutReach Newswire - 15 April 2024 - The Hong Kong ...

Posted on 15/04/2024

China says Hong Kong must ‘tightly hold’ national security line to safeguard development

China's top official on Hong Kong affairs said the city should "tightly hold" onto the bottom line of national security to safeguard development, in a speech coming weeks after the enactment of ...

Posted on 15/04/2024

Hong Kong destined for a bright future: Xia Baolong

The director of the Hong Kong and Macau Affairs Office, Xia Baolong, on Monday hailed the SAR government for completing a "historic mission" last ...

Posted on 15/04/2024

Hong Kong launches trial run of waste-charging scheme

Fourteen sites are involved in the trial of the scheme, which will require residents to throw out rubbish in government-approved bags.

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