American Business Bank provides various banking and financial services to wholesalers, manufacturers, businesses, professionals, and non-profits in California. Its deposit products include checking, m... ( read original story ...)
Hong Kong’s CLP aims to start building LNG terminal at year-end
SINGAPORE, Feb 25 (Reuters) - CLP Power aims to start building Hong Kong’s first offshore liquefied natural gas (LNG) receiving terminal at the end of 2019, the utility group’s chief executive said on ... ( read original story ...)
Hong Kong: CE visits Cyberport
Hong Kong’s startup ecosystem has been gaining momentum in recent years. There were 2,625 startups operating in major public and private co-working spaces and incubators in 2018, up 18% from 2,229 in ... ( read original story ...)
Logistics Startup Lalamove Goes Unicorn With $300M Investment
Lalamove, an on-demand delivery and logistics startup based out of Hong Kong, has raised $300 million in a Series D funding round, which brings its valuation to $1 billion or more, granting it unicorn ... ( read original story ...)
The West trusts Hong Kong, it is a unique position the city must not lose, business leaders say at China Conference
Business leaders called for Hong Kong’s uniqueness to be preserved and enhanced during the development of the Greater Bay Area, at the South China Morning Post’s flagship China Conference in Hong Kong ... ( read original story ...)
On-demand logistics startup Lalamove raises $300M for Asia growth and becomes a unicorn
Lalamove, a Hong Kong-based on-demand logistics startup, has closed a $300 million Series D round as it seeks expansion across Asia. In doing so, the company has officially entered the unicorn club. ( read original story ...)
China voiceprint recognition startup wins backing from HK fund
Shenzhen-based VoiceAI Technologies, a startup that provides voiceprint recognition technology and intelligent voice solutions, has completed a pre-A series funding round with the backing of a Hong Ko... ( read original story ...)
As McKinsey Sells Advice, Its Hedge Fund May Have a Stake in the Outcome
Then there were MIO’s investments — through three Barfield Nominees numbered entities — in a Hong Kong-based asset manager called PAG, formerly Pacific Alliance Group. The McKinsey fund took stakes in ... ( read original story ...)
China Plan to Integrate Hong Kong, Macau Skirts Tough Questions
China’s long-awaited plan to create a high-tech megalopolis on its southern coastline rivaling California’s Silicon Valley generated optimism among Hong Kong’s business community even as key details r... ( read original story ...)
Why you should start an e-commerce platform in Hong Kong in 2019
Hong Kong’s economy is the fastest growing among developing countries as it ranks 15 in the world e-commerce index With stats reviewed from Statista showing revenue of US$4.4 billion on e-commerce alo... ( read original story ...)
Goldman-Backed Office Startup Atlaspace Hires New Head for Hong Kong
Goldman Sachs-backed co-working operator Atlaspace has announced the appointment of Wilma Wu as the head of its Hong Kong operation, as mainland flexible office players set their sights on the city. T... ( read original story ...)
This Hong Kong Business School Helps MBA Students Chasing Careers In Artificial Intelligence
Asia is fast becoming a major global player in the field of Artificial Intelligence (AI). China in particular is prioritizing technological development in its plans for the next few years, with a soph... ( read original story ...)
McKinsey partner tops Leaders Cup
Ngai, a senior partner at McKinsey, won the 1.8km race in seven minutes and 29 ... Democratic Alliance for the Betterment and Progress of Hong Kong lawmaker Vincent Cheng Wing-shun, a seven-time marat... ( read original story ...)
Hong Kong GDP Growth Slows in 4Q18, Fuels Stimulus Expectations
and now that UK financials have postponed some of their business growth plans due to Brexit, Hong Kong has suffered some of the consequences. "External uncertainties and variations were relatively lar... ( read original story ...)