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Tag: business

Posted on 19/07/2023

China to sell US$1.7 billion of government bonds in Hong Kong in August to promote yuan’s internalisation, tap cheaper money

Mainland China will sell 12 billion yuan of government bonds in Hong Kong next month as Beijing continues its efforts to promote its currency internationally and tap cheaper funds amid a widening ...

Posted on 19/07/2023

Hong Kong schools and stock market are closed as Typhoon Talim sweeps toward China

Schools and the stock market have been shuttered in Hong Kong as Typhoon Talim sweeps south of the city toward the Chinese mainland ...

Posted on 19/07/2023

Forum highlights Hong Kong’s business environment advantages under rule of law

HONG KONG, July 18 (Xinhua) -- A legal forum was held in Hong Kong on Tuesday with a focus on how the rule of law has brought about a superior business environment for Hong Kong.

Posted on 18/07/2023

NWD-backed HK Startup Rice Robotics Gets US$7M in Pre-Series A Funding

Rice Robotics, a Hong Kong-based start-up backed by NEW WORLD DEV (00017.HK), successfully secured US$7 million in pre-Series A funding, a portion of which has been allocated to establish a production ...

Posted on 18/07/2023

China AI Chip Firm Targeting Nvidia Seeks Hong Kong IPO in 2023

Chinese chip startup Shanghai Biren Intelligent Technology Co. is considering an initial public offering in Hong Kong as soon as this year, according to people familiar with the matter, aiming to ...

Posted on 18/07/2023

Think Business, Think Hong Kong Concluded Successfully

Over 2,000 Business Buyers From ASEAN Keen to Leverage Hong Kong Platform BANGKOK, - (NewMediaWire) - July 17, 2023 - (ACN Newswire)-Organised by the Hong Kong Trade Development Council (HKTDC), the ...

Posted on 18/07/2023

To put wind back in Hong Kong’s sails, youth outreach must go full speed ahead

The government's youth development blueprint is a good start and paints a positive picture ... to integrate the city's ethnic minorities into the wider population As Hong Kong grapples with steering ...

Posted on 18/07/2023

Alibaba-Backed AI Startup Megvii Revives Shanghai IPO Dreams

Ant Group and Taobao China Holding, two affiliates of e-commerce giant Alibaba Group Holding, hold a combined 29.4 percent stake in Megvii, according to the prospectus. But founders Yin Qi, Tang ...

Posted on 18/07/2023

Hong Kong’s hotel capital market to hit USD1b in 2023

Full recovery is expected by next year. Overall hotel supply in Hong Kong, according to JLL, is expected to remain relatively sluggish due to the current headwinds, including inflated construction ...

Posted on 17/07/2023

Hong Kong seafood businesses prepares for Japanese import ban due to nuclear wastewater pollution

Hong Kong's government said the city plans on banning imports of Japanese aquatic products due to pollution caused by the damaged Fukushima nuclear plant.

Posted on 17/07/2023

Hong Kong schools and stock market are shuttered as Typhoon Talim sweeps to the south, toward China

About 1,000 villagers were affected and more than 50 needed to be evacuated, CCTV said. As Hong Kong, a key center for regional business and travel, braced for rainy and windy weather, more than 100 ...

Posted on 17/07/2023

Rice Robotics Raises US$7M Pre-A Funding to Establish Production Plant in Hong Kong and Expand Footprint in Japan

Rice Robotics, a Hong Kong-based start-up, has successfully secured US$7 million in pre-Series A funding, a portion of which has been allocated to establish a production plant in Hong Kong. By ...

Posted on 17/07/2023

VanMoof skids off track, another mobility startup goes SPAC and e-bike batteries catch fire

Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Your usual host Kirsten Korosec is off having a glorious ...

Posted on 16/07/2023

Hong Kong commerce chief says 186 companies set up shop in city in 5 months, expresses confidence in reaching goal of 1,130 in 2025

Figure accounts for about 16.5 per cent of government's target to lure 1,130 businesses to set up in Hong Kong Commerce chief Algernon Yau says most are from innovation and technology sector and ...

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