Ebury, the global non-bank leader in cross border finance for SMEs, is entering Hong Kong's non-bank lending market to provide trade finance for credit-starved small and medium-sized ... ( read original story ...)
Hong Kong’s Cyberport Now Home to Almost 60 Wealthtech Firms Providing Diverse Solutions
Cyberport now home to around 60 Wealthtech companies offering diverse solutions, helping to support inclusive wealth management. ( read original story ...)
Hong Kong Stock Market May Be Stuck In Neutral
The Hong Kong stock market on Wednesday snapped the two-day slide in which it had plummeted more than 720 points or 3 percent. The Hang Seng Index now sits just beneath the 24,290-point plateau and it ... ( read original story ...)
The Sandbox and Brinc announce US$50M Open Metaverse Accelerator Program funding for 100 startups
Metaverse Accelerator Program will invest in 30 to 40 blockchain startups a year, helping to develop the open metaverseThe program will invest up to US$250,000 in each startup. ( read original story ...)
Hong Kong retail banks are having their worst time in a decade as low interest rates crimp profits
The dismal state puts the HKMA and the city’s banks in a dilemma: whether to extend the interest holiday for the 3,500 businesses that still rely on it for survival, or end the support to bolster ... ( read original story ...)
Hong Kong stocks start slighty higher
HONG KONG: Hong Kong shares opened with minor gains in the first few minutes of Wednesday morning following hefty losses at the start of the week but traders are keeping a nervous eye on the Federal ... ( read original story ...)
Hong Kong could stay COVID hermit until 2024, business body warns
Hong Kong’s zero-tolerance approach to Covid-19 could keep the Asian financial hub cut off from most of the world until 2024 and fuel a large-scale exodus of international workers and executives, ... ( read original story ...)
Hong Kong’s SenseTime opens new data center in Shangai
Hong Kong-based AI company SenseTime has opened a new data center in Shanghai, China. The company this week said its Artificial Intelligence Data Center (AIDC), located in the Lingang New Area of the ... ( read original story ...)
Fighting COVID-19, solemn-faced Hong Kong leader explains maskless appearances
Hong Kong leader Carrie Lam defended herself against criticism on Tuesday (Jan 25) by saying she appears for news conferences without a face mask so that people could see how "solemn" she was when ... ( read original story ...)
Hong Kong has grown more isolated as aviation hub, head of global airline association warns
City’s status as aviation hub has been ‘severely impacted’ by travel restrictions, says Willie Walsh of International Air Transport Association. ( read original story ...)
The Dilemma of Hong Kong’s Fixation on Zero COVID
Hong Kong’s obsession with zero COVID is leading it down unproductive rabbit holes — like hamster culling — rather than finding long-term solutions. ( read original story ...)
Help wanted: talent in IT, corporate sales, business development, banking and finance among most sought after in Hong Kong
Opportunities increased between 35 and 55 per cent in IT, corporate sales and business development, banking and finance postings in 2021 from 2020, with continued growth expected after Lunar New Year. ( read original story ...)
Victoria’s Secret sells stake in China business for $45 million
Victoria's Secret & Co said on Tuesday it will sell a 49% stake in its China business to Hong Kong-based lingerie maker Regina Miracle International Ltd for $45 million in cash, aiming to boost sales ... ( read original story ...)
Why animal owners in Hong Kong are hiring private planes for their pets
Many people who are moving away from the financial capital have been unable to secure flights out of the city for their dogs and cats, leading to online groups where desperate pet parents try to pool ... ( read original story ...)