Alibaba, JD.com and Meituan post double-digit percentages losses as Hong Kong's high COVID death rate and a Shenzhen shutdown hit home. ( read original story ...)
Coatue Taps Ex-Index VC Sarah Cannon To Lead European Startup Investing Push
Coatue hired Sarah Cannon, an investor known for her involvement with Notion and Slack, to lead its first-ever London office. Cannon recently left VC firm Index Ventures with an eye to launch her own ... ( read original story ...)
Hong Kong’s Covid divide: Expats get more perks while domestic workers lose their homes
Maria was just about to start a new job as a domestic worker in Hong Kong last month when she found out she had Covid-19. ( read original story ...)
Ukraine invasion: Rusal investors lose US$6 billion in Hong Kong stock sell-off while aluminium producer deflects all sanctions
Investors in Russia’s top aluminium producer have suffered a drubbing since the Ukraine invasion, while trading in Moscow is frozen. Rusal is not affected or hindered by sanctions on Russia or its ... ( read original story ...)
Hong Kong’s Hang Seng index plunges 5.4% as virus lockdown in Shenzhen, U.S. share listings issues pull benchmark lower.
Hong Kong's Hang Seng index plunges 5.4% as virus lockdown in Shenzhen, U.S. share listings issues pull benchmark lower. ( read original story ...)
Hong Kong EV automotive design may be just the ticket for a new urban runabout
A smart design team at PolyU, led by international car designer Urs Stemmler, is building the prototype of an original electric vehicle conceived in Hong Kong The project was timely even before Russia ... ( read original story ...)
Hong Kong Bourse May Take Further Damage On Monday
The Hong Kong stock market headed south again on Friday, one session after halting the four-day losing streak in which it had plummeted more than 1,850 points or 8.6 percent. The Hang Seng Index now ... ( read original story ...)
Coronavirus: Hong Kong business leaders warn of mass closures, bankruptcy as city’s universal testing plan remains uncertain
Business leaders across different sectors angry over inconsistent timeline for mass testing, concerned by prolonged mass closure. ( read original story ...)
EV Week In Review: Tesla Feels Pinch Of Higher Input Costs, Nio’s Hong Kong Listing Hedges Against Delisting Threat, Rivian’s Teething Problems To The Fore And More
The EV space turned in a mixed performance in the week ending March 11, with some second-rung EV manufacturers and charging stocks rebounding from their losses. Shares of Tesla, Inc. (NASDAQ: TSLA), ... ( read original story ...)
Business alliance plans ‘show of force’ in bid to ensure Hong Kong finance chief’s controversial rent deferral measure proceeds
Alliance of SMEs plans to hold a press conference soon with legislators in a bid to push the government and Executive Council to endorse proposal. ( read original story ...)
Commentary: Hong Kong is stuck in limbo as COVID-19 cases soar
Hong Kong's strict adherence to its zero-COVID strategy has resulted in many aggressive policies that are forcing residents to flee the city, writes the Financial Times' Ravi Mattu. ( read original story ...)
Hong Kong’s table tennis stars off to a mixed start at US$2 million Singapore Smash event
Doo Hoi-kem and Lee Ho-ching go through in women’s singles, but men’s doubles pair Wong Chun-ting and Ho Kwan-kit crash out. ( read original story ...)
Didi plummets 42% and extends pain for Chinese stocks as it halts plan to list shares on Hong Kong exchange
Chinese stocks were already under pressure after the SEC identified five companies that could be delisted if they don't get audited in the US. ( read original story ...)
JD.com, Alibaba Lead Hong Kong Losses After SEC’s Tough Action
Chinese stocks slide as the securities watchdog publishes a list of five U.S.-listed Chinese companies that are noncompliant with their accounting. ( read original story ...)