More than 10 entities, including buyout firms Blackstone and Carlyle, have lodged bids for skincare brand FANCL's Asia business outside Japan valuing it at close to $1 billion, said people with direct ... ( read original story ...)
Hong Kong Stocks Begin Slightly Lower
Hong Kong stocks slipped at the start of trade Friday following five days of gains, though traders remain upbeat about a vaccine being rolled out possibly within weeks. ( read original story ...)
Asia Stocks Face Muted Start as Global Rally Ebbs: Markets Wrap
Asian stocks looked poised for a cautious start Thursday after U.S. shares slipped on disappointing economic data. The dollar retreated. ( read original story ...)
Hong Kong to Require Tests; Cases Top 60 Million: Virus Update
Global coronavirus cases topped 60 million. Hong Kong will empower doctors to mandate Covid tests for suspected virus patients, while South Korea recorded the most daily infections since March, ... ( read original story ...)
Hong Kong leader lays out steps to better link city with rest of Greater Bay Area
Airport Authority to acquire more shares in Zhuhai Airport to boost aviation sector; launch scheme to support local graduates in jobs over the border. ( read original story ...)
Chinese E-Commerce Giant JD.com to List Health Unit in Hong Kong
China's second-largest e-commerce operator is spinning off its online pharmacy and health clinic JD Health in a $3.4 billion IPO. ( read original story ...)
Hong Kong’s Carrie Lam praises security law for restoring stability
Hong Kong Chief Executive Carrie Lam praised a draconian national security law for restoring stability to the former British colony while blaming the region's social and economic strife on opposition ... ( read original story ...)
Hong Kong market is in a ‘wait-and-see’ mode until policy support is delivered: Strategist
The main focus should be economic recovery, says Mary Nicola from PineBridge Investments, as she unpacks Carry Lam's policy address for the Hong Kong economy. ( read original story ...)
Hong Kong seeks boost from China to jump-start economy
HONG KONG -- Hong Kong Chief Executive Carrie Lam announced on Wednesday a host of new measures to further integrate the city's battered economy with mainland China in an effort to seek new growth ... ( read original story ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)