Coronavirus hammers tourism and local spending as city marks first back-to-back yearly decline of GDP since record-keeping began. But government issues positive forecast for 2021. ( read original story ...)
Three steps Hong Kong can take to stop spinning its wheels on re-industrialisation and spur economic growth
Re-industrialisation, once a key government initiative, seems to have lost steam in Hong Kong. First mentioned in the 2016 policy address, it aims to automate or upgrade factory production processes ... ( read original story ...)
Hong Kong startup ICW eyes supply chain diversification demand amid trade war
For American importers, finding suppliers these days can be challenging not only due to COVID-19 travel restrictions. The U.S. government’s entity list designations, human rights-related sanctions, ... ( read original story ...)
Hong Kong supply chain management startup bags $5.7m in series A+ round
International Compliance Workshop connects global retailers, manufacturers, and accredited testing and certification institutions. ( read original story ...)
New Hong Kong airline prepares ‘cargo-first’ pandemic Plan B
Hong Kong startup carrier Greater Bay Airlines is preparing a fallback plan to start with cargo services first in late summer if pandemic conditions make passenger flights infeasible. "If the ... ( read original story ...)
Dingdanlaile Raises $10 Million for Homestay Management Software: Travel Startup Funding This Week
This week, travel startups raised more than $215 million for travel management forsoftware, property management software, and other ideas. ( read original story ...)
Chinese companies are eager to hire influencers in the US and a new startup is helping them get a foothold in the market
Kollyde, a new startup incubated out of the creator-focused investment ... Kollyde has run cross-border campaigns for consumer tech companies like the Shenzhen-based OnePlus and Hong Kong-based ... ( read original story ...)
Investors give $200m boost to Hong Kong travel startup Klook
Travel booking platform Klook has raised $200 million in a new funding round, underscoring investor confidence in the ability of the tourism industry to eventually recover from the coronavirus ... ( read original story ...)
Hong Kong to get as tough as possible on Covid restrictions, Carrie Lam says
Hong Kong will hopefully see some economic growth in 2021, unless the pandemic situation does not go away despite the city's coronavirus restrictions, says Chief Executive Carrie Lam. ( read original story ...)
Biden’s Multi-lateral Approach to China, Hong Kong Probably the Way to Go, Says Notre Dame’s Hui
Victoria Hui, University of Notre Dame Associate Professor of Political Science spoke about U.S. policy to China and Hong Kong with Haidi Stroud-Watts and Shery Ahn on Bloomberg Daybreak:Australia. (S ... ( read original story ...)
Hong Kong Stocks Start Week On Strong Note
Hong Kong stocks rallied more than two percent Monday following a two-day sell-off, as investors welcomed news that leaders had lifted a lockdown in a part of the city. ( read original story ...)
Hong Kong Lifts First Virus Lockdown After Mass Testing
Hong Kong lifted its first neighbourhood coronavirus lockdown on Monday morning after testing some 7,000 people and finding just a handful of cases as debate swirled over the efficacy of the move. ( read original story ...)
The Latest: Hong Kong ends lockdown in Kowloon neighborhood
Hong Kong's government on Monday morning ended an unprecedented lockdown after testing thousands of residents living in an area that had reported an increasing number of coronavirus cases, authorities ... ( read original story ...)
TikTok rival Kuaishou to raise up to $6.3bn in Hong Kong IPO
Chinese livestreaming and short video group Kuaishou is set to raise up to $6.3bn in a Hong Kong initial public offering in a test of investor appetite for China’s tech sector as it faces growing ... ( read original story ...)