S&P have cut Hong Kong’s credit rating after cutting China’s

BEIJING (AP) — The Standard & Poor's rating agency has cut its credit rating for Hong Kong a day after downgrading China, citing risks posed by close ties between the two places. S&P said Friday that it was reducing its long-term rating on Hong Kong by ... ( read original story ...)

S&P strips Hong Kong of AAA rating after China downgrade

HONG KONG: S&P Global Ratings cut Hong Kong’s credit rating a day after it downgraded China for the first time since 1999, a move that reflects the “strong institutional and political linkages” between the special administrative region and the ... ( read original story ...)

Hony Capital-backed VC fund to invest in Hong Kong tech startups

HONG KONG (Reuters) - Beyond Ventures, a new venture capital fund backed by China’s Hony Capital, plans to raise HK$1.2 billion ($154 million) to invest in early-stage technology startups in Hong Kong as the financial hub continues to struggle to boost ... ( read original story ...)

Hong Kong government initiates $256m fund for tech startups

The Hong Kong government has launched a HK$2 billion ($256 million) Innovation and Technology Venture Fund (ITVF) to stimulate interest from venture capital (VC) funds, in a bid to support local innovation and technology startups. The government and each ... ( read original story ...)