HONG KONG (Reuters) - Chinese startup Ofo is in talks to raise $1 billion in a new funding round led by Japan's SoftBank Group, people familiar with the matter said, in what would be the largest fund-raising in the nation's bike-sharing business. ( read original story ...)
Only One Foreign Startup Emerged As A Finalist In A Hong Kong Tech Competition—And It’s M’sian!
She Loves Tech is a global initiative that is all about showcasing the relationship between tech trends, entrepreneurship, innovation and the opportunities created for women. Running an annual global startup competition and international conference series ... ( read original story ...)
China bike-sharing firm Ofo in talks to raise $1 billion, led by SoftBank – sources
HONG KONG (Reuters) - Chinese startup Ofo is in talks to raise $1 billion in a new funding round led by Japan's SoftBank Group, people familiar with the matter said, in what would be the largest fund-raising in the nation's bike-sharing business. ( read original story ...)
Indian Banking Splinters
When Moody's Investors Service polled market participants in Hong Kong recently, 70 percent picked India's banking ... selling assets below book value will need fresh capital from the government Source: McKinsey & Co. India's banking industry is splitting ... ( read original story ...)
‘Give the children a place in our hearts’
Yip joined global management consultancy McKinsey and Company in 2004 and was with the group ... prior to joining SmarTone, she was head of Hong Kong and Macao, MasterCard Asia Pacific operations. For those aspiring for the top, Yip says "climbing the ... ( read original story ...)
Walkie Talkie building sold to Hong Kong company in record £1.28bn deal
London’s landmark Walkie Talkie building has been sold to Hong Kong giant Lee Kum Kee in the UK’s biggest ... and in the City’s reputation as the global place to do business," he said. "Since the vote to leave the EU, capital targeting London ... ( read original story ...)
Hong Kong’s second-half growth will slow further as consumption slumps: Citibank
Consumption in Hong Kong will be sluggish in the second-half on the back of slower economic growth, compared with the first half, according to Citibank’s forecast. Even as mainland tourist arrivals increased, it would not boost tourist-related goods ... ( read original story ...)
Hong Kong start-up’s ring makes your finger into a phone – an idea sparked by co-founder’s life with visually impaired dad
Hong Kong start-up Origami Labs is looking to change the way we interact with our mobile phones with the release of its innovative new wearable product Orii this month. Orii, a voice-activated ring that uses bone conduction technology to channel smartphone ... ( read original story ...)
Workspace startup WeWork opens China unit backed by Hony Capital, SoftBank
HONG KONG (Reuters) - Co-working space startup WeWork Cos revealed plans on Thursday for a Chinese unit with the backing of China's Hony Capital and Japan's SoftBank Group Corp, as it seeks to benefit from booming demand for shared office space in the ... ( read original story ...)
Hong Kong start-up’s ring turns your finger into a phone – an idea sparked by co-founder’s life with visually impaired dad
Hong Kong start-up Origami Labs is looking to change the way we interact with our mobile phones with the release of its innovative new wearable product Orii this month. Orii, a voice-activated ring that uses bone conduction technology to channel smartphone ... ( read original story ...)
Hong Kong Announces Changes to Beneficial Ownership Regime
It is recommended that Hong Kong-incorporated companies stay current with the ongoing changes so as to make adjustments to comply with the laws and mitigate potential business losses. Definition of beneficial owner The FSTB adopts a similar definition of ... ( read original story ...)
Hong-Kong Startup’s New Smart Ring will Transform Your Finger into an Earpiece
Keeping your mobile devices clasped on to your ears for prolonged communications become exasperating, and so came the Bluetooth headset. But now, some minds are thinking the same to be old-fashioned, or rather too unsuitable for day-to-day use ... ( read original story ...)
Airline Review: Virgin Australia business class, Melbourne to Hong Kong
Your choice of rewards program + complimentary insurance covers. Reduced annual card fee 1st year. With Qantas Rewards get 2 complimentary Qantas Lounge invitations per year. Priority Pass airport lounge access if you choose Altitude Rewards. New cards only. ( read original story ...)
Hong Kong programme hopes to unearth next fintech blockbuster
Ten technology start-ups, including companies from Hong Kong, South Korea, Singapore and the United States, aim to introduce innovation that could help financial institutions in the Asia-Pacific improve their efficiency, bolster cybersecurity and offer ... ( read original story ...)