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Tag: business

Posted on 22/10/2020

10 Swiss Fintech Startups Get Ready to Accelerate Their Growth in Asia with Venture Leaders

For the second edition of Venture Leader Fintech in Hong Kong, swissnex China is proud to be supporting a high-quality delegation of top Swiss fintech startups for a pitching and fundraising ... ( read original story ...)

Posted on 22/10/2020

Top Meteorologist ‘Ashamed’ of Hong Kong Climate Plans

Lam Chiu-ying spent half his life working for the Hong Kong government. Late last month, the 71-year-old meteorologist quit his job as the head of an expert group advising policy makers on combating ... ( read original story ...)

Posted on 22/10/2020

China, Hong Kong stocks slide with eyes on rising political tension, US stimulus impasse

China’s stocks fall by the most in four weeks while the Hang Seng Index retreats from a six-week high amid concerns about rising volatility and political tension before the US presidential election. ( read original story ...)

Posted on 22/10/2020

Big-Name Hedge Funds Raise Billions in Asia as Startups Struggle

Established Asian hedge funds have attracted the lion’s share of new money this year, while startups have been hamstrung by global travel curbs that have made it impossible for face-to-face meetings ... ( read original story ...)

Posted on 22/10/2020

HSBC’s Iconic Hong Kong Lions Make Return in Subdued City

Damaged and defaced during tumultuous protests at the start of this year, the two bronze lion statues standing guard outside HSBC Holdings Plc’s main office in Hong Kong have made their return to the ... ( read original story ...)

Posted on 22/10/2020

China stocks fall as healthcare, industrial firms weigh; Hong Kong slips

The tech-heavy start-up board ChiNext declined 1.4% ... The Hang Seng index dropped 0.2%, to 24,699.11 points, while the Hong Kong China Enterprises Index lost 0.3%, to 10,047.16. ( read original story ...)

Posted on 22/10/2020

Hong Kong Hub Puts Cathay in Tighter Corner Than Singapore Air

They are both critically important to their domestic economies, highly regarded by customers and totally reliant on international travel. They are also in deep financial strife and shedding thousands ... ( read original story ...)

Posted on 22/10/2020

Impossible Foods Sees Hong Kong, Singapore as ‘Gateway’ to Asia’s Supermarkets

David Lee, CFO at plant-based meat company Impossible Foods, joined Cheddar to discuss expanding out of U.S. grocery stores and into Hong Kong and Singapore for the first time. ( read original story ...)

Posted on 21/10/2020

Hong Kong’s Flagship Cathay Slashes 17% of Headcount

Hong Kong's flagship airline, will slash 5,900 jobs, or 17% of its total, and eliminate entirely its Cathay Dragon regional-airline brand, the company said Wednesday. That should ensure it is "only" ... ( read original story ...)

Posted on 21/10/2020

5 reasons you can’t miss Hong Kong Fintech Week 2020

The virtual Hong Kong Fintech Week 2020 will deliver a superior remote conference ... meaningful connections with thousands of potential buyers, clients, investors, startups, and regulators! ( read original story ...)

Posted on 21/10/2020

Hong Kong’s Cathay Pacific Airways slashes jobs, kills Dragon

Hit by Hong Kong protests and coronavirus, Cathay plans to cut 5,900 jobs and end low-cost Cathay Dragon brand. ( read original story ...)

Posted on 21/10/2020

Cathay to Cut Over 5,000 Hong Kong Jobs; Close Dragon Brand

Hong Kong’s Cathay Pacific Airways Ltd. will slash more than 5,000 jobs and close a regional carrier, the latest airline to enact a sweeping restructuring as the virus’s resurgence in the U.S. and ... ( read original story ...)

Posted on 21/10/2020

Hong Kong dollar rates rise as Ant IPO anticipation tightens liquidity

H KD rates creep higher even as HKMA pours in cash. Two-week forwards hit highest since June. Fortcoming ANT Group IPO could drive liquidity squeeze -analysts. SINGAPORE, Oct 21 ( ... ( read original story ...)

Posted on 21/10/2020

Hong Kong and Singapore will form a ‘travel bubble’ soon. Here’s how it’ll work

Leisure travelers can travel between the two cities without undergoing a quarantine, said Edward Yau, Hong Kong's secretary for commerce and economic development. ( read original story ...)

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