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Tag: business

Posted on 25/01/2022

Hong Kong artists say NFTs are both empowering and challenging as cryptocurrency volatility affects income

Many Hong Kong artists experimenting with NFTs say they like setting their own prices and selling directly to consumers, but some have trouble navigating the digital art landscape. ( read original story ...)

Posted on 25/01/2022

Cyberport houses nearly 60 WealthTech startups offering diverse solutions, helping to promote inclusive wealth management…

According to a market report, the global wealth management software market is anticipated to more than double from nearly $2.5 billion in 2019 to $5.8 billion by the end of 2025. WealthTech can lower ... ( read original story ...)

Posted on 25/01/2022

The fall of cruise company Genting Hong Kong, once poised to greatly benefit from China’s forecast luxury cruising boom

The owner of Dream Cruises, Crystal Cruises, Star Cruises and three shipyards that built cruise liners, Genting was well positioned to profit from China’s cruise holiday boom. Then came Covid-19. ( read original story ...)

Posted on 25/01/2022

Intellect, the mental health startup focused on APAC, raises $10M Series A

Intellect, the Singapore-based mental health startup focused primarily on Asia-Pacific markets, announced today it has raised a $10 million Series A. The company’s services, including self-directed ... ( read original story ...)

Posted on 25/01/2022

Malaysian B2B Marketplace Startup Raises $7 Million To Help Digitalize Businesses

Dropee, a B2B e-commerce marketplace based in Malaysia, raised $7 million in Series A funding led by returning investor Vynn Capital. ( read original story ...)

Posted on 25/01/2022

SG mental health startup Intellect closes $10m Series A round led by HOF Capital

The startup plans to expand to Hong Kong and Australia — these are developed markets with sufficient mental health awareness, Chew said — where a lot of Intellect’s new users are originating from. The ... ( read original story ...)

Posted on 25/01/2022

Alibaba, JD.com pace stock losses in Hong Kong amid global tech, crypto slump on policy risks

Stocks tumbled amid global risk-off sentiment after US tech and cryptocurrencies suffered a beating last week amid policy tightening risks. ( read original story ...)

Posted on 25/01/2022

Cathay Pacific shares rise as Hong Kong’s flagship carrier expects 2021 losses to narrow on cargo demand and belt-tightening measures

Net loss at Hong Kong’s flag carrier is likely to be between HK$5.6 billion (US$719 million) and HK$6.1 billion last year, significantly lower than the HK$21.6 billion loss in 2020. ( read original story ...)

Posted on 24/01/2022

Why Alibaba, JD And Other Tech Stocks Are Crashing In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Monday, dragging the benchmark Hang Seng Index into negative territory. Why Is It Moving? ( read original story ...)

Posted on 24/01/2022

IDG Capital, Hong Kong’s Towngas to Form USD1.6 Billion Zero-Carbon Tech Fund

Investment firm IDG Capital and Hong Kong and China Gas, also known as Towngas, plan to set up a CNY10 billion (USD1.6 billion) zero-carbon technology fund, helping China to meet its environmental ... ( read original story ...)

Posted on 24/01/2022

Hong Kong PolyU and others adapt their Master of Finance courses to mix online and face-to-face learning

Hong Kong universities’ new normal of mixed online and face-to-face learning also boosting the international appeal of their accounting and other syllabuses ... ( read original story ...)

Posted on 24/01/2022

Hong Kong Billionaire Loses Half Her Fortune on China Probe

A record stock plunge for a flavoring and fragrances company has erased half of its chairwoman’s wealth, in the latest example of fortunes getting lost and a reminder for investors of the risks in ... ( read original story ...)

Posted on 24/01/2022

Genting Hong Kong CEO Lim Kok Thay resigns after cruise operator files to wind up

Genting Hong Kong chairman and chief executive officer Lim Kok Thay has resigned, days after the company filed to wind up its business in one of the biggest stumbles by a cruise operator since the ... ( read original story ...)

Posted on 24/01/2022

Under 30 Asia Alum Launches Digital Mental Healthcare Startup Amid Lockdowns And Pandemic Stress

After working at two fast-growing startups in South Korea, Justin Kim, a Forbes 30 Under 30 Asia alum from 2020, launched his own startup that aims to make mental healthcare more accessible for the ... ( read original story ...)

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