Tag: business

ByteDance, the Chinese parent of viral video platform TikTok, is in talks to raise $2 billion from investors before a possible listing of some of its businesses in Hong Kong, according to a report. ( read original story ...)

Ant Group Co. will continue to play an important role on Hong Kong’s financial scene even as mainland regulators deepen their scrutiny of the financial technology giant’s business, according to a city ... ( read original story ...)

Ant's shock IPO halt has cast uncertainty over the future of financial-technology giant Ant Group Co. However, an official at Hong Kong's de facto central bank says Ant Group will continue to play an ... ( read original story ...)

Chinese video-sharing startup Kuaishou Technology filed an application for a Hong Kong initial public offering, raising hopes that the city will continue to see a wave of listings from fast-growing ... ( read original story ...)

Financial services firm Moody's on Thursday said it acquired a minority stake in MioTech, a Hong Kong-based fintech startup that uses artificial intelligence to generate data for asset managers and ... ( read original story ...)

Hong Kong’s business sentiment rebounded significantly in October, as the city’s Purchasing Managers’ Index surged to 49.8, the highest since March 2018, with sentiment the least negative since June ... ( read original story ...)

Courtesy of HKTDC Hong Kong companies attending the third China International Import Expo (CIIE) are eyeing a new role in the country's dual circulation strategy and seeking a buffer zone from the ... ( read original story ...)

Hong Kong Chief Executive Carrie Lam warned presidential candidates Donald Trump and Joe Biden to "comprehensively evaluate" the next U.S. administration's relationship with the Chinese territory and ... ( read original story ...)

Hainan officials hope low taxes will attract new types of business. For example, hospitals and cosmetic surgery offices could use Hainan to lure well-heeled patients who might seek residency while ... ( read original story ...)

we're working very hard with the mainland authorities to try to revive the traveling between Hong Kong and mainland because, business wise, this is very important to speed up the recovery of our ... ( read original story ...)

The business pillars of Hong Kong’s identity are fast shedding assets and staff as revenues collapse. Before it is too late, the SAR needs to be set mask free ... ( read original story ...)

Fintech development requires a growing ecosystem and that can be achieved through money, talent and regulation, says Christopher Hui, Secretary for Financial Services and Treasury in Hong Kong. ( read original story ...)

China’s blue-chip stocks started the month on a firm note on Monday, with consumer stocks leading gains, as a private survey showing strong factory activity in China underscored its swift economic ... ( read original story ...)

JPMorgan will own 71% of its Chinese securities joint venture after completing the transaction to buy a 20% stake from one of its local partners, according to an exchange filing on Monday. The deal, ... ( read original story ...)