HONG Kong Financial Secretary Paul Chan said he has no plans to impose a departure tax on residents, rejecting a proposal aimed at easing the government’s widening deficit. Read more at The Business ...
Hong Kong’s HashKey Group enters unicorn club
HONG KONG -- Asian digital asset management firm HashKey Group has sealed a $100 million Series A financing round to join the unicorn club -- startup companies valued at $1 billion and above -- at a ...
This Latvian Scientist Says His Startup Is Winning The AI Drug Discovery Race
Insilico Medicine, backed by blue-chip investors like Warburg Pincus and Qiming Venture Partners, has 17 preclinical drug candidates so far and earlier this month signed a $500 million licensing deal ...
Hong Kong Crypto Exchange Hashkey Hits Unicorn Status With $100 Million Funding Round
Hashkey is now valued at more than $1.2 billion after pulling in capital from OKX Ventures and others, according to sources.
Hong Kong police investigate email scam following German pharmaceutical firm’s report it was swindled out of more than RM15.34mil
German firm had been conducting business with supplier from mainland China via email and was allegedly tricked by criminals into making transfer. In separate case involving European firm, Hong ...
Hong Kong Island office rents decline 2% in November
Wan Chai outperformed the other business districts. Towards the end of 2023, more tenants in Hong Kong are sitting on the sidelines amid mounting uncertainty in the business environment. According to ...
CES 2024: Hong Kong start-ups attract interest from Microsoft, Best Buy amid overseas push
Microsoft CEO Satya Nadella stopped by the booth of a start-up that makes an artificial intelligence-powered belt to guide the blind at the CES trade show’s Hong Kong pavilion.
Hong Kong actress Elvina Kong loses HK$160,000 in cash and valuables after home burgled for fifth time
Two gold necklaces, three pairs of jade and diamond earrings, a diamond ring worth HK$133,000 and cash stolen, insider says.
Hong Kong boy band Mirror bounces back with sell-out shows, but unfinished business lingers from 2022 concert accident
Seriously injured dancer Mo Li is still undergoing treatment, prosecutions and legal action are pending After lying low for a while, Mirror members take off on mega concert series in Hong Kong and ...
As Hong Kong shoppers flock to Shenzhen’s megastores for bulk-buy bargains, can city retailers fight back?
Costco Wholesale’s new store, which opened in Shenzhen’s Longhua district on Friday, fuelled Hongkongers’ bulk buying frenzy, with Google online searches for it outstripping those for Sam’s Club last ...
Startup Leapmotor eyes to be in profit by 2025
Leapmotor, established in late 2015, delivered over 144,000 vehicles in 2023, up 29 percent year-on-year. Its cumulative sales exceeded 300,000 units by the end of last year. "For us, the goal for ...
Startup accused of violating international law with sale of product dubbed ‘nature’s best kept secret’: ‘There is no good enforcement’
A number of organizations are on the case. Startup accused of violating international law with sale of product dubbed ‘nature’s best kept secret’: ‘There is no good enforcement’ first appeared on The ...
Better to be safe than sorry on Hong Kong Covid and flu front
As city enters peak flu season with Covid-19 cases once more on the rise, now is the time to remember health lessons and get vaccinated After months of warning, Hong Kong's peak winter flu season is ...
Hong Kong’s winter flu season has started, health authorities warn, with number of outbreaks doubling in a week
Centre for Health Protection says flu activity expected to further increase in coming weeks, and urges residents to ‘heighten their vigilance’.