OneDegree, a Hong Kong-based online insurance startup, said it has closed a Series A funding round, led by major insurers and technology firms. Under the arrangement, OneDegree will initially get HK$1... ( read original story ...)
Hong Kong exchange could be beneficiary of trade war as mainland tech start-ups shun home and New York markets for IPOs
The pick up in IPO business in Hong Kong is significant, given the high stakes involved. In 2017, Shanghai eclipsed Hong Kong for the first time in both the number of IPOs and the amount of capital ra... ( read original story ...)
Hong Kong’s first pure digital insurance venture, Tencent-backed Blue, to start selling policies
Hong Kong’s first purely digital insurance company will start selling policies in the city from Wednesday, looking to use its direct selling capability to offer lower prices in the crowded local marke... ( read original story ...)
Son of Agile chairman eyes high-speed-railway launch to boost business for his new Hong Kong co-working space
Growth within Hong Kong’s co-working space sector shows no signs of slowing, but a newcomer on the block plans to ride the launch of the city’s new high-speed-railway link to mainland China, to expand ... ( read original story ...)
Bubble tea craze is a super sweet market for inventive Hong Kong entrepreneurs. But could this bubble burst?
They both opened their first stores last month. A guide to the best bubble tea in Hong Kong Heytea, a hugely popular bubble tea business in mainland China whose customers boast on social media of wait... ( read original story ...)
Hong Kong-based OneDegree gets $25.5M Series A to make coverage more accessible, starting with pet insurance
OneDegree, a Hong Kong-based insurance technology startup, announced today that it has closed a Series A totaling HKD $200 million (about $25.5 million). Half of that amount was pledged by ... ( read original story ...)
Hong Kong Startup to Battle Revolving Credit with Asia’s First Crypto Visa Debit Cards
Industry startup Crypto.com, formerly ‘Monaco’ before a rebrand, has revealed its plan to issue 100,000 Visa-powered cryptocurrency debit cards in Hong Kong and Singapore. The Hong Kong ... ( read original story ...)
Doing Business in Hong Kong: 11 Things to Know
Hong Kong has long occupied a special place in the cultural and economic tapestry of southeast Asia. For a variety of reasons, this Chinese city-state is one of the region’s most attractive targets fo... ( read original story ...)
Flipping Office Floors Is Booming Business for Hong Kong Tycoons
In Hong Kong, a city of property superlatives, add this one: World capital of flipping office floors. Logistics heir Johnny Cheung Shun-yee made roughly HK$900 million ($115 million) in about nine mon... ( read original story ...)
Cape Breton seafood business signs deals in Shanghai, Hong Kong
Victoria Co-operative Fisheries looking to fill ‘gaps’ in processing season Employees of Victoria Co-operative Fisheries Ltd. in Neil’s Harbour work to package cooked Jonah crab for shipment to Shangh... ( read original story ...)
Here’s what kept Singapore from having the world’s best public transport system
Hong Kong's rail system easily beat Singapore's. Singapore has the world's second best public transport system, McKinsey&Company revealed in a study. It scored 69.2 points just right below Hong Kong's ... ( read original story ...)
A.I. could spur global growth as much as the steam engine did, study shows
McKinsey said in a report released Wednesday morning Hong Kong time. The institute's model expects about 70 percent of companies will adopt at least one form of AI by 2030, and that a significant port... ( read original story ...)
Singapore public transport system tops global list
Hong Kong's use of apps in the public transport system was another positive - one of the apps is even able to help the visually impaired use, for example, Google Maps. Seoul ranked in the top three fo... ( read original story ...)
Singapore’s public transport users among most satisfied in the world
Hong Kong’s use of apps in the public transport system was another ... to robot buses Seoul ranked in the top three for its public transport efficiency, with McKinsey saying that “Seoul and Singapore ... ( read original story ...)