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Tag: business

Posted on 04/06/2023

Arrests and tight security in Hong Kong on Tiananmen Square anniversary

Many Hong Kongers are trying to mark the event in private ways because it is unclear what authorities might consider subversive.

Posted on 04/06/2023

Hong Kong takes new step to promote ESG agenda to reluctant and wary small business owners

Hong Kong's trade promotion agency is stepping up efforts to support the city's business owners, helping enhance their environment, social and governance (ESG) credentials and raise their competitive ...

Posted on 04/06/2023

Hong Kong detains 8 people on eve of Tiananmen Square anniversary

Many Hong Kongers are trying to mark the event in private ways because it is unclear what authorities might consider subversive.

Posted on 03/06/2023

What next for HSBC after preventing Ping An from carving up Hong Kong’s largest bank, quelling shareholder revolt?

For much of the past year, HSBC, the largest of Hong Kong's three currency-issuing banks, has faced pressure from its biggest shareholder, Ping An Insurance Group, and a vocal contingent of frustrated ...

Posted on 03/06/2023

U.S. consultancy Mintz’s executives leave Hong Kong after China raid, sources say

As a global financial centre, Hong Kong has a deep pool of professional services talent, including in corporate investigations, with international firms including Kroll, Control Risks, McKinsey and ...

Posted on 02/06/2023

Tech Insider: AI Startup Mobvoi Files for IPO, Musk on ‘Decoupling’

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene. AI startup Mobvoi files for Hong Kong IPO. Google-backed ...

Posted on 02/06/2023

Hong Kong businesses mark Tiananmen anniversary in face of pressures

Some Hong Kong shopkeepers are quietly commemorating the 34th anniversary of the Tiananmen crackdown despite the spectre of a China-imposed national security law and pressure to stay silent on the ...

Posted on 02/06/2023

New cryptocurrency licensing rules kick in for Hong Kong’s retail investors

The new regulatory framework came amid tighter scrutiny on major cryptocurrency exchanges after a series of high-profile failures.

Posted on 02/06/2023

HSBC unveils new measures to support Hong Kong, mainland startups

A specified lending fund was increased to $3b. HSBC has announced new measures to enhance its support for the innovation sector in Hong Kong and mainland China. These include increasing its specialist ...

Posted on 02/06/2023

Prudential: Signs Of Recovery In Hong Kong Boost Growth Story

Prudential has been grappling with strict COVID containment policies in Greater China, which battered its business in Hong Kong. Find out why PUK Stock is a Buy.

Posted on 02/06/2023

Medifast pulls out of Hong Kong, Singapore to free up capital for future growth

Medifast is exiting two markets in the Asia-Pacific and planning to instead devote those resources to new areas of growth, including going after the Hispanic market.

Posted on 01/06/2023

Asia-Pacific family offices continue ‘strategic shift’, to increase equities and developed-market fixed-income asset allocations: UBS

Family offices in the region will increase their allocations to equities and developed-market fixed-income assets over the next five years, with most interested in medical and health-related ...

Posted on 01/06/2023

Hong Kong raises record US$6 billion from green bond offering as city pushes ahead with its sustainable financing hub ambitions

Hong Kong raised a record US$6 billion in its biggest multicurrency green bond offering, as the government looks to establish the city as a leading international green financing hub.

Posted on 01/06/2023

China AI startup MiniMax raising over $338m from Tencent-backed entity, others: Sources

BEIJING/HONG KONG - Chinese startup MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of more than US$250 million (S$338 ...

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