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Tag: business

Posted on 26/01/2022

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 ...)

Posted on 25/01/2022

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 ...)

Posted on 25/01/2022

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 ...)

Posted on 25/01/2022

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 ...)

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 ...)

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