Early investors, who had bet on Moglix at the seed stage, have seen an 80x return on their investment in this B2B commerce firm ... ( read original story ...)
Hong Kong’s HashKey Group Raises $360M Blockchain Fund
Hong Kong's HashKey Group, the digital assets and blockchain arm of Chinese conglomerate Wanxiang Group, has received $360 million commitment from investors for its new fund. The fund will tap into ... ( read original story ...)
Hong Kong market watchdog fines Citi $45 million for equities misconduct
Hong Kong's market regulator has fined a Citigroup subsidiary HK$348.25 million ($45 million) for misconduct in its cash equities business and is launching disciplinary proceedings against some former ... ( read original story ...)
China’s new rules on overseas IPOs will apply to Hong Kong, securities regulator says
In an exclusive interview with CNBC, CSRC's international department director spoke about what new draft rules mean for Chinese companies wanting to list abroad. ( read original story ...)
Hong Kong Q4 GDP grows 4.8% y/y, Omicron curbs cast doubt over 2022
Hong Kong's economy lost some momentum in last year's final quarter, in which the city was largely COVID-19-free, preliminary data showed on Friday, and an unrelenting battle to stamp out Omicron ... ( read original story ...)
Hong Kong’s 14-day quarantine period ‘still too long for business travellers’
Business leaders have expressed disappointment at a decision by Hong Kong authorities to only ease the quarantine period for travellers entering the city to 14 days and extend Covid-19 ... ( read original story ...)
Hong Kong cuts foreign arrival quarantine from 21 to 14 days
Hong Kong is a major hub for business and finance and the tight restrictions on foreign travel had drawn complaints, especially from the large expatriate community. The relaxation of rules doesn't ... ( read original story ...)
Hong Kong’s Economic Gains Face Swift Reversal on Omicron Threat
Hong Kong’s economic performance in Q4 may provide little consolation as the city struggles to control the omicron wave. ( read original story ...)
Omicron: residents locked down in Hong Kong public housing estate complain of pay cuts, job loss and forced upaid leave
Federation of Trade Unions lawmaker says organisation has received more than 100 complaints about salary cuts or annual leave ... ( read original story ...)
Hong Kong will shorten COVID-19 quarantine period to 14 days
Hong Kong will shorten its 21-day quarantine to 14 days starting next month, officials announced on Thursday. Chief Executive Carrie Lam said that, starting Feb. 5, incoming travelers will need to ... ( read original story ...)
Hong Kong Dials Back One of World’s Longest Covid-19 Quarantines
Arriving travelers will spend two weeks instead of three in isolation from Feb. 5, shortening stays that have been criticized by foreign business groups. ( read original story ...)
China Fintech PingPong Weighing $1 Billion Hong Kong IPO, Sources Say
Chinese fintech startup PingPong is considering an initial public offering in Hong Kong to raise as much as $1 billion, people with knowledge of the matter said. ( read original story ...)
Hong Kong Shortens Quarantine by One Week, Keeps Flight Ban
Hong Kong will shorten its quarantine requirement for inbound travelers by a week and extended a ban on people coming from eight countries as a record number of infections stresses the city’s ... ( read original story ...)
Ronnie Screwvala & Indu Shahani Come Together to Form India’s Premier SkillTech University – ATLAS
Launched on Independence Day 15th August 2021 - and having had its first Advisory Board meeting on Republic day 26th January 2022 - ATLAS SkillTech University - Maharashtra’s first - is a new addition ... ( read original story ...)