Hong Kong-based climate tech startup Allinfra has raised $6 million in Series A funding led by Japan’s biggest brokerage firm. ( read original story ...)
Meet The Fintech Founders And Startup Investors On The 2022 30 Under 30 Asia List
From facilitating cross-border payments to investing in tech startups, this year's 30 Under 30 Asia listees in Finance and Venture Capital category are making their mark. ( read original story ...)
Prudential drafts in ex-Citi banker Anil Wadhwani to become its new Hong-Kong-based chief exec
Wadhwani, 53, (pictured) will join the company in February next year and will enjoy a £1.25m salary but can also earn double that in bonuses. ( read original story ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)