Hong Kong media firm Most Kwai Chung, which runs popular satirical magazine 100Most and a digital media site tapping into Hong Kong’s youth culture, saw its stock soar as much as tenfold on its trading debut after attracting the most public subscriptions ... ( read original story ...)
12 entrepreneurs from Hong Kong and 59 from China make Forbes 30 Under 30 Asia List for 2018
The 300 people featured comprise 30 names in 10 categories. The list also included 12 entrepreneurs from Hong Kong, such as Liu Tao, a co-founder of MioTech, who is listed under “finance and venture capital”; Vincent Lim, a co-founder of Lim + Lu ... ( read original story ...)
Investors urged to play a stronger role in developing Hong Kong start-ups
The “Greater Bay Area” economic development project will boost Hong Kong’s start-up ecosystem, although investors need to play a stronger role and take more risks, experts at a major business event in the city heard on Tuesday. The audience at South ... ( read original story ...)
Hong Kong’s skyline farms harvest more happiness than food
HONG KONG (AP) — High above downtown Hong Kong's bustling, traffic-clogged streets, a group of office workers was toiling away not on a corporate acquisition or a public share offering but on harvesting a bumper crop of lettuce atop one of the ... ( read original story ...)
Hongkong Land Holdings Limited’s Stock Is Trading Near A 52-Week Low: Does The Company Have A Quality Business?
Hongkong Land Holdings Limited (SGX: H78) is a real estate investor and developer. Its main business involves an investment portfolio of prime commercial properties that are located in the Central area of Hong Kong. At the current price of US$6.89 ... ( read original story ...)
Hong Kong claws back losses as US-China trade war fears ease
Hong Kong stocks clawed back earlier lost ground in a technical ... Still, it said Tencent’s investments in its mobile payments business and online video content will support the company’s long term growth. Smartphone lens maker Sunny Optical ... ( read original story ...)
Reward and risk: the two faces of Hong Kong’s new listing rules for biotech firms
Bao Jun, the chief business officer and acting chief financial officer of Beijing Shenogen Pharma Group, which had considered listing on the Nasdaq market in the US, now plans to list in Hong Kong as soon as this year, followed by a listing on a mainland ... ( read original story ...)
Hong Kong’s typhoon season to start earlier this year, says Observatory
Typhoon season will start earlier this year with Hong Kong seeing around five to eight typhoons, the Observatory said on Friday. Shun Chi-ming said at a press luncheon that the Observatory predicts that there will be less rainfall this year, but there ... ( read original story ...)
Open for business: British innovation to take centre stage in Hong Kong at the GREAT Festival of Innovation
Cutting-edge innovators, inspiring thought leaders and key decision makers will arrive in Hong Kong this week for the GREAT Festival of Innovation. Led by the UK Department of International Trade, the Festival will bring together leaders across industry ... ( read original story ...)
Tencent-backed Meituan review-to-delivery startup seeks IPO at US$60 billion
Meituan Dianping, the Chinese food reviews and delivery giant backed by Tencent Holdings, has begun discussions on a Hong Kong initial public offering ... Meituan, the world’s fourth most valuable startup with a latest valuation of US$30 billion, is ... ( read original story ...)
No Revenue? No Problem—Hong Kong Draws Biotech Firms Looking to List
U.S. companies looking to go public include Moderna Therapeutics Inc., a Cambridge, Mass.-based startup that is considering a dual listing on Nasdaq and Hong Kong as early as next year, according to a person familiar with the company’s plans. Moderna ... ( read original story ...)
NKorean sanctions evasions reveal Hong Kong’s middleman role
The findings underscore rising concern over the southern Chinese financial capital's role as a nexus for North Korea's underground business network, which has led the U.S. government to urge Hong Kong authorities to crack down. The corporate registration ... ( read original story ...)
One in seven in Hong Kong is a millionaire as property and stock market rallies boost wealth
Hong Kong millionaires said 55 per cent of their money was generated from their salary, while mainlanders said 55 per cent accumulated their wealth from running a business. The rest was from investments and inheritance from parents. About 71 per cent of ... ( read original story ...)
CPA Australia Survey: Hong Kong’s small businesses are becoming more tech savvy and experiencing positive business conditions
HONG KONG, March 22, 2018 /PRNewswire/ -- Hong Kong small businesses that are investing in technology are enjoying quick returns on their investment, which is leading to the sector topping small businesses from other advanced economies in the adoption of ... ( read original story ...)