PwC buys stake in Chinese blockchain startup VeChain

PwC Hong Kong and PwC Singapore have each acquired a small ownership interest in VeChain, according to PwC’s announcement on May 4. Terms of the investment were not disclosed. As of 1:00 p.m. on Tuesday, Hong Kong time, VEN was trading at US$5.14 ... ( read original story ...)

HK startup wants to become profitable, first and foremost

The capital-raising route notwithstanding, a growing number of startups are giving priority to organic growth. Among them is GoodNotes, a Hong Kong-based tech firm that is committed to becoming profitable, first and foremost. The company offers a note ... ( read original story ...)

Hong Kong too hot for Malaysia to handle

Hong Kong get their Rugby World Cup 2019 qualification bid off to a flying start with a 67-8 victory over hosts Malaysia in the Asia Rugby Championship. Hong Kong got their Asia Rugby Championship 2018 campaign off to a winning start with a 67-8 victory ... ( read original story ...)

HK startup involved in sapphire film tech raises fresh funds

Tan said. That the reason why not all kinds of technologies are ideal for a startup to develop, he noted. Tan believes his firm will become Hong Kong’s first “sapphire unicorn”, adding that the startup has huge potential in terms of its business ... ( read original story ...)

Ping An Healthcare opens up 4.6 percent in Hong Kong debut

shares opened up 4.6 percent on their market debut in Hong Kong on Friday, as investors jostled for a piece of the fast-growing business. The company, that operates China’s largest online healthcare platform, raised $1.12 billion after pricing its IPO at ... ( read original story ...)

LuLu Financial Group starts Hong Kong operations

Branded as “LuLu Money” in Hong Kong, this is LuLu Financial Group’s tenth country of operation and second in the APAC region, after Philippines. On the occasion Ahamed said, “We are extremely delighted to start our operations in Hong Kong. ( read original story ...)