Prenetics is set to merge with Artisan Acquisition, a SPAC, in a deal that will value the new entity at $1.3 billion or more, a source told CNBC. ( read original story ...)
Hong Kong biotech start-up is set to list on the Nasdaq in a SPAC merger
Prenetics is set to merge with Artisan Acquisition, a special purpose acquisition company backed by Hong Kong billionaire Adrian Cheng, a source told CNBC. ( read original story ...)
Business startup base aims to help young entrepreneurs
A new business startup base for young people from Guangdong province and the special administrative regions of Hong Kong and Macao kicked off in the Nansha district of Guangzhou on Thursday. The ... ( read original story ...)
Hong Kong police arrest four over alleged $155 million Tether money laundering scheme
The suspects, aged between 24 and 33, had opened numerous bank accounts to make crypto transactions, Hong Kong authorities said. ( read original story ...)
YC-backed Deskimo, an on-demand coworking space app, launches in Singapore and Hong Kong
Part of Y Combinator’s current batch, Deskimo wants to make finding coworking spaces easier. Its on-demand booking app is currently available in Singapore and Hong Kong, with plans to enter more ... ( read original story ...)
Hong Kong customs arrest four in first crypto laundering bust
Hong Kong customs officials said Thursday they had dismantled a money laundering syndicate that used cryptocurrency to process some HK$1.2 billion ($155 million) in illegal funds, in what they said ... ( read original story ...)
Hong Kong’s cruises to nowhere ready to start at end of July, as company learns lessons from coronavirus infection on Singapore ship
Crew members on Genting Dream receive second dose of BioNTech vaccine ahead of cruises launching from city on July 30. ( read original story ...)
Lalamove considers shifting planned US$1 billion IPO to Hong Kong amid heightened scrutiny by Beijing
Hong Kong logistics start-up Lalamove is considering moving its planned US$1 billion initial public offering to Hong Kong as a crackdown on technology firms and a series of new rules on overseas ... ( read original story ...)
Hong Kong’s cruises to nowhere ready to start at end of July, as company learns lessons from Covid-19 infection on Singapore ship
Crew members on Genting Dream receive second dose of BioNTech vaccine ahead of cruises launching from city on July 30. ( read original story ...)
Could Hong Kong’s status as a business hub be threatened under global minimum tax reform?
A new proposal for a global minimum tax is being scrutinised by businesses in Hong Kong, where a range of concessions allow some companies to lower their effective rate below 15 per cent. ( read original story ...)
Startups exploring Greater Bay Area opportunities in Hong Kong to benefit from Alibaba HKEF
The fund will invest in startups either located in the GBA or a Hong Kong-based startup with plans to expand into the GBA. ( read original story ...)
Coronavirus: Hong Kong leader keen on quarantine-free business travel, but ‘Beijing mum on bid’; travel bubble plans with Singapore on hold
Hong Kong's leader has proposed a new quota system for quarantine-free business travel with mainland China for those who are vaccinated as part of efforts to lobby Beijing to reopen the border, ... ( read original story ...)
White House to Warn U.S. Companies About Hong Kong Risks
The U.S. will warn American companies this week of the increasing risks of operating in Hong Kong, three people familiar with the matter said, as Washington seeks to ramp up pressure over Beijing’s ... ( read original story ...)
Greater Bay Area: Alibaba backs HK$2 billion fund for start-ups in and around Hong Kong
The Greater Bay Area fund will target start-ups in Hong Kong, Macau, as well as parts of Guangdong province “to invigorate the innovation and entrepreneurial spirit of Hong Kong”. ( read original story ...)