OneDegree received an undisclosed investment amount from Dubai Insurance, bringing its total amount raised closer to $100 million.
China clampdown on Hong Kong in spotlight as leading democrat goes on trial
By James Pomfret, Greg Torode and Jessie Pang HONG KONG (Reuters) -A long-awaited national security trial opens in Hong Kong on Monday for leading China critic and media tycoon Jimmy Lai, who faces ...
Banks grapple with geopolitics in new era of investment banking
As firms adjust their priorities, the shifting geopolitical landscape could produce some unlikely winners in 2024 and beyond ...
Hong Kong police announce arrest warrants, bounties for 5 overseas activists
Hong Kong police on Friday announced arrest warrants and bounties for five more overseas pro-democracy activists charged under its controversial national security law.
Hong Kong virtual insurer OneDegree expands digital asset insurance offering to UAE as city boosts ties to Middle East
OneDegree’s move to expand insurance business in UAE comes as Hong Kong ramps up efforts to deepen its business ties with the Middle East.
Chinese AI startup 01.AI looks to raise $200 mln -sources
Beijing-based AI startup 01.AI is raising up to $200 million in fresh capital, two sources familiar with the matter said, building on a valuation of $1 billion reached last month on the back of ...
Chinese AI startup 01.AI looks to raise $200 million -sources
Beijing-based AI startup 01.AI is raising up to $200 million in fresh capital, two sources familiar with the matter said, building on a valuation of $1 billion reached last month on the back of ...
HK$20 million in dining vouchers not enough to beat Hong Kong restaurant business blues, industry leader says
Authorities earlier announced they would distribute dining vouchers valued at HK$100 each to 200,000 Hongkongers Lawmaker Simon Wong says city needs to bring in more mainland Chinese visitors to boost ...
Global slowdown, geopolitics biggest concerns for Hong Kong firms in year ahead, chamber survey finds
Hong Kong General Chamber of Commerce survey finds two in three firms expect their turnover to remain unchanged or to decline in 2024.
Hong Kong could see dimmer economic outlook in 2024, as over 60% of companies expect no growth – survey
Hong Kong could see a dimmer economic outlook in 2024 amid its long, post-pandemic road towards full recovery, a survey conducted by the the city’s oldest business group has found. Hong Kong General ...
Exclusive: JPMorgan to outsource $500 billion custody business in Hong Kong, Taiwan
JPMorgan Chase is set to outsource the operations of its local custody business in Hong Kong and Taiwan with Citigroup , HSBC and Standard Chartered in the race for the mandate, two sources with ...
This 23-year-old bought a $150 home beer brewing kit and turned it into a six-figure business
They bought a 1,218 Hong Kong dollar ($156) beer brewing kit on Amazon and experimented ... All the money we have earned has gone back into the business." ...
JPMorgan (JPM) to Outsource Hong Kong, Taiwan Custody Business
Amid the rising cost-income ratio, JPMorgan (JPM) is considering outsourcing its custodian business in Hong Kong and Taiwan to another bank.
JPMorgan to outsource $500 billion custody business in Hong Kong, Taiwan – sources
JPMorgan Chase is set to outsource the operations of its local custody business in Hong Kong and Taiwan with Citigroup, HSBC and Standard Chartered in the race for the mandate, two sources with ...