It’s an unprecedented move to involve a Special Administrative Region (SAR) in governing an area on the Chinese mainland, according to a Nanfang Media Group report. This is in line with China’s plans ... ( read original story ...)
Beijing’s sovereign digital currency push to boost Hong Kong’s fintech start-ups
As Beijing pushes ahead with a sovereign digital currency and a national blockchain network, Hong Kong’s fintech community is using the city’s role as a bridge between mainland China and the rest of ... ( read original story ...)
Hong Kong COVID tester Prenetics sets up $1.7B SPAC deal
The proceeds will fund Prenetics' global expansion as well as an acquisition strategy aimed at growing its U.S. footprint. ( read original story ...)
U.S. sanctions several Hong Kong-based Chinese entities over Iran -website
The United States issued Iran-related sanctions targeting several Hong Kong-based Chinese entities, according to a notice posted on the U.S. Department of Treasury website on Friday. ( read original story ...)
Should Hong Kong follow mainland China’s tightened gaming time limits for kids? One party thinks so
An online poll by pro-establishment political party DAB found that many kids in the city played online games for up to three hours to five hours each day. ( read original story ...)
Hong Kong proposes SPAC listings, restricts to professional investors
Blank-cheque companies that want to go public in Hong Kong must raise at least US$128 million to list on the city’s stock exchange’s main board under the proposed rules. ( read original story ...)
Hong Kong stocks pare weekly loss as Macau casino operators, tech firms rebound from sell-off
Local stocks regain some footing after a massive sell-off this week as traders reassess the regulatory outlook. China Evergrande continues to slip as the developer looks for debt solutions. ( read original story ...)
Former McKinsey boss Kevin Sneader joins Goldman Sachs
Former McKinsey boss Kevin Sneader joins Goldman Sachs The former Global Managing Partner of McKinsey & Company has been tapped to co-lead the Asia Pacific wing of Goldman Sachs. The move sees Kevin ... ( read original story ...)
Preface, the Hong Kong-based EdTech Company, Sees 500% YoY Surge in Revenue, Overcoming Impact of Pandemic
Series A Funding Completed to Fuel Growth in Coding Education Cultivate Future Global Talents, Build Coding as Universal LanguageTOKYO, JAPAN and LONDON, UK - Media OutReach - - Preface, the Hong Kong ... ( read original story ...)
HK official talks on national security law, local business HK official talks on national security law, local business
Data has indicated no major reduction in the number of international firms in Hong Kong, despite debates in both media and among foreign businesses in the city when the National Security Law came into ... ( read original story ...)
With tighter grip, Beijing sends message to Hong Kong tycoons: fall in line
As Beijing seeks to tighten its grip over Hong Kong, it has a new mandate for the city's powerful property tycoons: pour resources and influence into backing Beijing's interests, and help solve a ... ( read original story ...)
Lantern maker for Mid-Autumn Festival in Hong Kong loves the job, but doubts it has a future with city’s cultural heritage under threat
One of the last traditional Chinese lantern makers in Hong Kong, Ha Chung-kin, explains why – although he loves his job – he thinks the craft will die out in the city. ( read original story ...)
Business News Live: Asian shares steady amid global growth fears
Asian shares steady amid global growth fears. Asian shares steadied in early trade after falling earlier in the weak, but global growth fears played on investors' mind, Reuters re ... ( read original story ...)
Choco Up invests $630k in Singapore augmented reality startup
Hong Kong’s Choco Up, a revenue-based financing platform, has invested US$630,000 in Singapore augmented reality (AR) and AI startup BuzzAR as part of a funding partnership. BuzzAR provides ... ( read original story ...)