At closing bell, the benchmark Hang Seng Index declined 0.91%, or 215.19 points, to 23,420.76. The Hang Seng China Enterprises Index dropped 0.9%, or 75.70 points, to 8,342.91. ( read original story ...)
JustKitchen and REEF Enter Agreement to Launch DJ Khaled’s Another Wing in Taiwan and Hong Kong
The Company currently operates in Taiwan and Hong Kong with plans to expand operations ... The Company's other business, JustMarket, is an e-commerce grocery delivery platform that allows ... ( read original story ...)
Hong Kong insurance billionaire Calvin Lo staying clear of crypto investing
Calvin Lo of ultra high net worth insurance broker R.E. Lee International says the industry is looking at how to incorporate crypto and NFTs into polices, but he is personally not investing in the ... ( read original story ...)
Hong Kong hardware accelerator Brinc raises $30M Series B
I’ve visited Brinc’s headquarters the last few times I’ve been to Hong Kong, and been impressed with the range of different startups the accelerator works with. I knew the organization primary through ... ( read original story ...)
Hong Kong’s Property Tycoons Sacrifice Profit to Appease Beijing
One Hong Kong developer is offering half-price flats in the world’s most expensive residential market. Others have donated sprawling farmlands for public housing. And the scion of a property empire ... ( read original story ...)
Hong Kong customs, police crack down on karaoke party rooms over copyright infringement, arresting 12 and seizing HK$700,000 in equipment
Officers from customs’ intellectual property investigation bureau still searching for operators behind 19 other party rooms Hong Kong customs officers posing as karaoke parlour clients have raided 30 ... ( read original story ...)
Keeping the bankers sweet:Hong Kong regulators send candy to quarantined financiers
Jet-setting banking executives stuck in Hong Kong's weeks-long quarantine programme have received confectionery from senior regulators as a morale-booster during their isolation. HONG KONG, Dec 14 ... ( read original story ...)
Hong Kong Market extends losses
Meanwhile, market sentiments were also dented on renewed concerns about liquidity crisis and debt defaults among Chinese developers and caution ahead of the Federal Reserve's money policy announcement ... ( read original story ...)
Hong Kong central bank sends care packages to execs in quarantine
Hong Kong's central bank confirmed Tuesday that its officials sent care package goodies to high profile executives in quarantine as the business community's frustrations grow over the city's ... ( read original story ...)
Owner of Hong Kong’s Citybus, New World First Bus in talks with government about options for cutting losses
Options on the table include subsidies, a merger and granting the company the rights to develop property above and around its depots. ( read original story ...)
5 Green Fintech Startups in APAC Worth Following
Though green fintech remains a nascent space in Asia-Pacific (APAC) compared to Europe, the ecosystem is evolving rapidly. To get a sense of the region’s climate fintech industry, we’ve compiled a ... ( read original story ...)
Carousell Hong Kong partners with GOGOX and Atome to build ecosystem for small local businesses to flourish
Merchants will be able to solve their logistics challenges with diversified logistics solutions by GOGOX and have the flexibility to pay by deferred payments with Atome to enable better cash ... ( read original story ...)
FWD to drop New York listing to sell shares in Hong Kong after a US$1.4 billion private placement with global investors, source says
Rising geopolitical tension between the United States and China, which has caught Hong Kong in the crossfire, has given the insurer cause for caution, the source said, citing Didi Global’s delisting ... ( read original story ...)
Lululemon opens first street-facing store in Central, Samsung takes up prime space as Hong Kong’s retail rent tumbles by a third
With rents along Queen’s Road Central declining, brands and retailers such as Lululemon and Samsung are taking up space in a prime business and retail area in Hong Kong’s main business zone. ( read original story ...)