A Dubai-based startup founded by a Russian and a Ukrainian raised $250 million to develop smart contact lenses that provide night vision, zoom capabilities and real-time health checks.
Business news live: FTSE 100 up after new Trump tariff rates and Monzo fined £21m over crime controls
FTSE 100 up after new Trump tariff rates and Monzo fined £21m over crime controls - Stock markets updates and business news from Tuesday ...
Hong Kong courts insurers with redomiciling pitch
confirmed the company was considering the move and said that the new framework “will reinforce Hong Kong’s position as a global business and financial hub". With Bermudian-based firms such as AIA, Axa ...
Digital Banks’ Insurance Foray in Hong Kong Exposes Need to Go Beyond Online
One digital bank executive noted that Hong Kong’s insurance industry still relies heavily on offline agents, while digital channels primarily serve to generate traffic. For mainland customers, ...
Business leaders call for efforts to combat ‘Hong Kong equals China’ perception
Panellists at the South China Morning Post’s China Conference also say city maintains lead over rival Singapore in key financial metrics.
Hong Kong’s Metropol Restaurant, known for dim sum trolleys, will close in September
In business for 35 years, it joins slew of eateries that have folded in recent months, after Japanese parent company announced bankruptcy in May.
Hong Kong economy’s ‘mixed signals’ portend retail-sector ‘turbulence’, analysts say
Shops keep closing despite retail sales growth but certain sectors show ‘leasing velocity’, while both tourist numbers and unemployment rise.
Hong Kong dollar faces prolonged weakness on liquidity, rates drawback, bank says
Local currency may stabilise for an extended period when aggregate balance drops to HK$50 billion to HK$60 billion levels.
At the Heart of Global Digital Transformation: Hong Kong’s Connectivity-First Tech Ecosystem
Derek: Looking ahead, Hong Kong is poised to play a pivotal role in global digital transformation. The city's strengths—including a wealth of top talent, a network of visionary leaders, and ...
Hong Kong IPO frenzy sets sights on record HK$250 billion fundraising for 2025
HONG Kong’s sizzling initial public offering (IPO) market is prompting the Big Four accounting firms to sharply raise their fundraising forecasts for 2025. KPMG now predicts total proceeds could soar ...
Hong Kong’s AI supercomputing infrastructure reaches 90% usage rate, local reports
Hong Kong has used 90% of its artificial intelligence (AI) supercomputing center at Cyberport since it opened in December, according to a report. The center is supported by a HK$3 billion (~$380 ...
Hong Kong’s Startup Ecosystem Is Thriving — But This Is How It Becomes A Global Hub – Forbes
According to InvestHK's latest survey, as of 2016 there were nearly 2,000 startups in Hong Kong employing over 5,000 employees (up 24% from last year ).
Hong Kong’s Startup Office Spaces – Forbes
Wynd co-Founders Michael Ma and Rick Lam In the space of 2 to 3 years, Hong Kong has become a hotbed of startup activity. But startups need a place to live and grow, and Hong Kong’s astronomical ...
FoundersHK, created to strengthen Hong Kong’s startup ecosystem, holds its first demo day – TechCrunch
FoundersHK was created to strengthen Hong Kong’s startup community, which has weathered more than two years of political turmoil, along with the COVID-19 pandemic. Today the nonprofit, which ...