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Tag: business

Posted on 30/08/2022

Who will acquire Huobi? Could it be a Hong Kong based conglomerate or a consortium of Huobi executives?

And yet, on the morning of August 29, several Twitter influencers posted that FTX’s bid to acquire Huobi had won out, and that Huobi was already renamed HTX (short for FTX + Huobi). Several Huobi ... ( read original story ...)

Posted on 30/08/2022

Frustration as Covid controls dent Hong Kong’s fintech ambitions

Business prospects are hurting as more firms see Hong Kong as becoming less competitive relative to other places in the region Hong Kong's position, both geographical and economic, offers many ... ( read original story ...)

Posted on 29/08/2022

Airwallex commits additional HK$2.25 million to further support Hong Kong SMEs and startups

Following the successful launch of its Hong Kong Small and Medium Enterprises (SMEs) Initiative earlier this year, leading fintech platform Airwallex announces its ... ( read original story ...)

Posted on 28/08/2022

Hong Kong’s new Covid rules hard to swallow for patrons, restaurants

Diners in Hong Kong have complained about inconvenience while some restaurants are expecting losses with the government extending mandatory Covid-19 rapid tests to groups of more than eight patrons at ... ( read original story ...)

Posted on 28/08/2022

How Hong Kong’s young entrepreneurs are solving the city’s massive food waste problem

A raft of start-ups are launching innovative solutions to stop unwanted food going to landfill The younger generation is keen to tackle society's issues, and the money is there to fund them, says head ... ( read original story ...)

Posted on 27/08/2022

Global tech start-ups from skyscraper-cleaning robots to AI news anchors find their footing in the Greater Bay Area

Hong Kong's status as a hub for emerging technologies is among the reasons companies are choosing China's bay area The economic zone in southern China is emerging as a haven for robotic and AI ... ( read original story ...)

Posted on 27/08/2022

Chinese Online Pharmacy Dingdang Health Gets Go-Ahead for Hong Kong IPO

Hong Kong Exchanges and Clearing approved Dingdang Health’s IPO, after the Beijing-based startup filed in March, the bourse operator said recently. An attempt last year failed. Dingdang Health did not ... ( read original story ...)

Posted on 26/08/2022

Alibaba: Hong Kong Is The Catalyst We Need

Alibaba got approval for a primary listing on the Hong Kong stock exchange. Read how this can be the catalyst we need for BABA stock ... ( read original story ...)

Posted on 26/08/2022

EV startup Leapmotor approved to go public in Hong Kong

Electric-vehicle startup Leapmotor Technology Co. has received the go-ahead from the China Securities Regulatory Commission to launch an initial public offering in Hong Kong. It approved Leapmotor’s ... ( read original story ...)

Posted on 25/08/2022

Hong Kong-based AIA foresees recovery in mainland China despite 15 per cent slump in new business value

The Hong Kong-based insurer bets on steady expansion in mainland China to narrow a 15 per cent slump in new business value for the first half of the year. ( read original story ...)

Posted on 25/08/2022

CTG Duty Free Dips On Hong Kong Debut After Bumper IPO

China Tourism Group Duty Free, which raised US$2.1 billion to become Hong Kong's biggest initial public offering this year, fell slightly during its Thursday trading debut as its key market Hainan is ... ( read original story ...)

Posted on 25/08/2022

Hong Kong Bourse May End Losing Streak On Thursday

The Hong Kong stock market has moved lower in three straight sessions, sinking more than 500 points or 2.5 percent along the way. The ... ( read original story ...)

Posted on 25/08/2022

Hong Kong Bourse May End Losing Streak On Thursday

The Hong Kong stock market has moved lower in three straight sessions, sinking more than 500 points or 2.5 percent along the way. The ... ( read original story ...)

Posted on 25/08/2022

Business in 67 Shanghai-traded ETFs halted by Hong Kong typhoon delay

The Shanghai Stock Exchange said subscription and redemption in 67 exchange-traded funds (ETFs) would be halted on Thursday due to a trading suspension in Hong Kong triggered by a typhoon. The ... ( read original story ...)

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