Bigger companies that need convertible currencies, or require deep capital pools to fund their needs, will still head for Hong Kong, as shown by the city’s record as the world’s top IPO destination in ... ( read original story ...)
Indonesian startup J&T raising over $2 bln ahead of IPO -sources
Indonesian courier startup J&T Express is in talks with investors to raise more than $2 billion ahead of a Hong Kong initial public offering (IPO), and is looking to expand in Latin America, three ... ( read original story ...)
Indonesian startup J&T Express said to seek over $2b in pre-IPO round
The firm is seeking to hit a $20 billion valuation with the $2-2.5 billion round that is expected to be finalised in the coming weeks. ( read original story ...)
Hong Kong stocks fall for first time this week, as tech rally stalls
Kong stocks dropped for the first time this week on Friday, on concerns that a recent run-up was excessive relative to a harsh regulatory landscape on the mainland. ( read original story ...)
Hong Kong virtual events startup snaps up $10m in series B round
EventX allows companies to host virtual events with features such as interactive exhibition halls, online registration forms, and webinars. ( read original story ...)
Fivelements to shut Times Square spa amid quibbles over rent, as uncertainty about Hong Kong’s recovery stymies businesses
Fivelements Habitat, which provides yoga sessions, spa treatments and plant-based cuisine, is shutting its Times Square wellness centre in Causeway Bay after two years of operation, as it failed to ... ( read original story ...)
RISE Conference returns to Hong Kong for five consecutive years
HONG KONG SAR - Media OutReach - 2 September 2021 - Today the Hong Kong Tourism Board (HKTB) and Web Summit announced that RISE, "one of the world's most influential tech events", will return to Hong ... ( read original story ...)
Medical Marijuana, Inc. Subsidiary Kannaway Launches in Hong Kong
SAN DIEGO, CA, Sept. 01, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that ... ( read original story ...)
Some Hong Kong schools miss deadline for filing national security education plans
Education minister Kevin Yeung says only ‘a proportion’ of local schools have submitted their plans, but declines to say how many. ( read original story ...)
Hong Kong well positioned to help businesses seize Belt and Road opportunities: Carrie Lam
Hong Kong with unique advantages brought by "one country, two systems" is very well positioned to help businesses seize fresh opportunities in the Belt and Road Initiative, Chief Executive of China's ... ( read original story ...)
Beijing will back Hong Kong’s entry into world’s biggest free-trade deal, China’s commerce minister tells belt and road summit
China’s commerce minister Wang Wentao pledges support at belt and road summit. Foreign ministry official Liu Guangyuan warns others against imposing sanctions on country. ( read original story ...)
Oddup Raises $12.8M to Increase Access to Pre-Eminent Global Startup Ecosystem Insights
Oddup, a premier international provider of data-driven insights for the startup and cryptocurrency ecosystems, announced the close of a ... ( read original story ...)
HK food tech startup bags HK$10m funding, names Miss HK 2020 as chief brand officer
The brand which reached its popularity through reviews from influencers and celebrities, has also gotten a seven digit sum investment from Miss Hong Kong 2020, Lisa-Marie Tse. ( read original story ...)
Hong Kong’s office vacancy at two-decade highs creates optimal window for companies to set long-term strategies
The near-record excess supply in Grade A office space means there is no better time for Hong Kong corporates to lock in their long-term office strategies. ( read original story ...)