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Tag: business

Posted on 25/11/2020

Biotech startups to be allowed in stock connect

Biotechnology startups listed in Hong Kong that have yet to see a profit will be allowed to enter the cross-border stock trading programme, under a ... ( read original story ...)

Posted on 25/11/2020

Managers, business partners of Hong Kong-listed company arrested over alleged HK$12 billion false accounting scheme

Seven people, including former managers of a Hong Kong-listed commodity trading company, have been arrested on suspicion of conspiring to provide false accounting involving nearly HK$12 billion. Four ... ( read original story ...)

Posted on 25/11/2020

HK startups need a more coherent, radical subsidies policy

A few days ago, Science Park declared the foundation of the HKSTP Startups Alumni Association (SAA), which would ... promulgated Oxford’s new COVID-19 Vaccine (with a 70% efficacy), Hong Kong remains ... ( read original story ...)

Posted on 25/11/2020

Hong Kong to Close Bars, Nightclubs From Thursday Due to Virus

Hong Kong will shutter bars, nightclubs and bathhouses from Thursday until Dec. 2 as concerns rise about a new wave of Covid-19 cases in the Asian financial hub. ( read original story ...)

Posted on 24/11/2020

Garuda Capital acquires minority stake in Hong Kong fintech startup FinLink

This acquisition comes after FinLink raised US$2.5 million in a seed round led by PF Ventures and Garuda Capital in 2019. ( read original story ...)

Posted on 24/11/2020

Ex-McKinsey, Stripe exec joins Australian VC Square Peg as investing partner in Singapore

At Square Peg, Sabuncu will be looking to invest across Southeast Asia and will deepen her knowledge on startups in Vietnam and Indonesia. ( read original story ...)

Posted on 24/11/2020

Chinese truck startup valued at nearly $12 billion after $1.7 billion funding round: sources

Chinese truck services startup Full Truck Alliance has reached a valuation of nearly $12 billion after it raised $1.7 billion in a new funding round, according to two people with direct knowledge of ... ( read original story ...)

Posted on 24/11/2020

Chinese startup Full Truck valued at nearly $12 billion after SoftBank-led round: sources

Full Truck Alliance has reached a valuation of nearly $12 billion after the Chinese truck services startup raised $1.7 billion in a new funding round, according to two people with direct knowledge of ... ( read original story ...)

Posted on 24/11/2020

Maui TechOhana Goes Virtual Dec. 9 with Topic: ‘We’re All Startups Again’

After a year like no other, the Maui Economic Development Board (MEDB) is presenting a virtual Maui TechOhana on Dec. 9 with guest speaker Doug Nelson, Founder, President & CEO of Kinection. The topic ... ( read original story ...)

Posted on 24/11/2020

Chinese startup transforms ads with AI-based technology

and Hong Kong tycoon Silas Chou's family office. 36Kr, a Chinese tech news portal founded in Beijing in 2010, has more than 150 million readers worldwide. Nikkei announced a partnership with 36Kr ... ( read original story ...)

Posted on 24/11/2020

China Market Update: Equities Start The Week In The Green

Alibaba HK, which rose +4.35% after Chairman David Zhang praised the new anti-monopoly rules, Xiaomi, which gained a whopping +8.02%, Meituan, which rose +1.25%, BYD, which rose +8.6% on policy ... ( read original story ...)

Posted on 23/11/2020

Heavy hand of China is prompting fears for Hong Kong’s future as a major business hub

Chinese interference in Hong Kong's political and legal affairs is creating uncertainty about the future of the territory as an independent business centre. ( read original story ...)

Posted on 23/11/2020

Hong Kong-Singapore Travel Bubble Bursts Before It Begins

Expensive mutual travel was set to start Sunday, and will be a deal watched by the travel industry worldwide if it does indeed begin. ( read original story ...)

Posted on 23/11/2020

Hong Kong Democracy Activist Joshua Wong Jailed After Pleading Guilty to 2019 Protest Charges

The protest was near the start of a summer of unrest over the Hong Kong government proposing a now-withdrawn law that would have allowed extradition to mainland China. Wong rose to prominence as a ... ( read original story ...)

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