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Tag: business

Posted on 26/05/2022

Yoho seeks up to US$18.2 million in IPO, as Hong Kong e-commerce start-up eyes China expansion via JD.com, Tmall

Hong Kong e-commerce start-up Yoho Group will press ahead with its initial public offering on Thursday, braving a market slump, as it seeks to raise up to US$18.2 million to fund expansion in ... ( read original story ...)

Posted on 25/05/2022

Hong Kong cryptocurrency group Babel hits $2bn valuation

Hong Kong-based crypto financial services startup Babel Finance said Wednesday it has raised $80 million in its latest funding round, valuing the company at about $2 billion, despite a meltdown in ... ( read original story ...)

Posted on 25/05/2022

Hong Kong grants Greater Bay Airlines status to open talks with foreign countries

Greater Bay Airlines was awarded designated status from the Hong Kong government, allowing the company to open negotiations with foreign countries to fly 104 routes, the head of the start-up carrier ... ( read original story ...)

Posted on 25/05/2022

Hong Kong energy trader struggles for survival as creditors circle

Hong Kong oil and gas trader NewOcean Energy is fighting a new petition to wind up the company as it negotiates with creditors over hundreds of millions of dollars in overdue debt. The company, which ... ( read original story ...)

Posted on 25/05/2022

Yoho seeks up to US$300 million in IPO, as Hong Kong e-commerce start-up eyes China expansion via JD.com, Tmall

"We remain confident that our business growth will continue to be supported by investors," said Franz Wu, president and co-founder. "The e-commerce sector in Hong Kong is maturing, and we still see ... ( read original story ...)

Posted on 24/05/2022

Robert Kuok’s Kerry Properties Sells Hong Kong Warehouses To China Resources For $588 Million

Kerry Properties—controlled by Malaysia’s richest person Robert Kuok—has agreed to sell two of its warehouses in Hong Kong to China Resources Logistics, a unit of state-owned China Resources Group, ... ( read original story ...)

Posted on 24/05/2022

Greater Bay Area residents will soon be able to buy wealth management, beauty and medical services from Hong Kong’s 11 Skies complex

Nearly 20 companies from the finance, wealth management, beauty and medical services sectors will open offices at the three office towers, targeting GBA residents. ( read original story ...)

Posted on 23/05/2022

Meet The High-Tech Urban Farmer Growing Vegetables Inside Hong Kong’s Skyscrapers

Gordon Tam, cofounder and CEO of vertical farming company Farm66, wants to show that agriculture, combined with technology, has a promising future in cities, deserts and even in outer space. ( read original story ...)

Posted on 23/05/2022

Hong Kong should resume quarantine-free travel with foreign countries first, chief of leading business chamber in city urges government

Betty Yuen, new chairwoman of Hong Kong General Chamber of Commerce, warns of damage to financial opportunities in city, says clear road map on travel resumption needed. ( read original story ...)

Posted on 22/05/2022

Rescuing Hong Kong’s reputation will take more than just a PR revamp

By Anant Deboor. Earlier this week, lawmaker Regina Ip wrote an excellent piece headlined “Hong Kong has a PR problem – time to put an expert in charg ... ( read original story ...)

Posted on 22/05/2022

Hong Kong suicides through history – from jumping into the harbour to eating poison to leaping off buildings

The means may have evolved along with the city but Hong Kong’s unforgiving climate has long seen individuals taking the ultimate step to end it all. ( read original story ...)

Posted on 21/05/2022

Hong Kong art gallery owner who went from film to photography to opening Blindspot in Wong Chuk Hang

Mimi Chun, the New York-born founder of Blindspot Gallery, which focuses on photographic works, talks about her journey in art and finding her feet in Hong Kong after a rough few years. ( read original story ...)

Posted on 21/05/2022

Top-level racing from Ireland to Kentucky to Hong Kong on weekend schedule

The Preakness Stakes is far from the only major event on the weekend horse racing calendar, with top races from Ireland to Japan and Hong Kong, with a stop for crab cakes in Baltimore. ( read original story ...)

Posted on 21/05/2022

Amnesty International has left Hong Kong but there will still be candles in the darkness

By Chow Hang-tung, human rights activist, Tiananmen vigil organizer and barrister, currently jailed in Hong Kong It was a sad moment when Amnesty International closed its Hong Kong offices after ... ( read original story ...)

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