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Tag: business

Posted on 26/07/2018

Rising Hong Kong Startup Criticized for Selling Majority Stake to Invest in Cryptocurrency

Hong Kong’s fifth-largest bike sharing startup has sold 60 percent of its stake to invest in the cryptocurrency market, or two ERC20 tokens to be exact. Ketch’up Bike, a top five bike sharing company ... ( read original story ...)

Posted on 26/07/2018

Hong Kong brands show continuous improvement in business sustainability

Leading companies in Hong Kong have shown increasing concerns for corporate social responsibility (CSR) and business sustainability, according to a latest research conducted by the Chinese University ... ( read original story ...)

Posted on 26/07/2018

Hong Kong bike-sharing start-up Ketch’up sells stake for crypto coins, to get a tech lifeline from blockchain

Ketch’up Bike, the smallest among five of Hong Kong’s bicycle-sharing services, has sold a majority stake in its seven-month-old operation for cryptocurrency coins, as it seeks a technological lifelin... ( read original story ...)

Posted on 25/07/2018

Smaller Hong Kong businesses upbeat about their prospects as retailing and tourism pick up

Hong Kong’s medium-sized companies are turning optimistic about their business prospects this year thanks to stronger retail and tourism sectors, a survey has found. Almost two-thirds of executives at ... ( read original story ...)

Posted on 24/07/2018

Hong Kong co-working startup Campfire pulls in $18M ahead of global expansion

WeWork may be doubling down on Asia, having initially focused its efforts on China, but that isn’t stopping local players from hatching ambitious expansion plans of their own. One of those eying new m... ( read original story ...)

Posted on 24/07/2018

Alibaba : Survey Warm to Hong Kong as Startup Nexus, but Hurdles Remain

Hong Kong is considered a good location for startup companies, though it needs to overcome several hurdles to further promote entrepreneurship, according to a joint study by KPMG China and the Alibaba ... ( read original story ...)

Posted on 24/07/2018

Documents reveal ex-Hong Kong minister Patrick Ho’s offshore firms and business ties in mainland

Former Hong Kong minister Patrick Ho Chi-ping, who was charged in the US with bribing top African officials on behalf of a Chinese energy conglomerate, co-owns an obscure Hong Kong company with mainla... ( read original story ...)

Posted on 24/07/2018

Under 30 Startups Pitch Onboard Hong Kong’s Iconic Tram

City A.M - 13:40 PM GMT July 23, 2018 Irish chefs bring A Taste of Dublin to Hong Kong The Irish Times - 12:00 PM GMT July 23, 2018 China Tower seeks to raise up to $8.7bn in Hong Kong listing The Fin... ( read original story ...)

Posted on 24/07/2018

Air Belgium Continues To Reduce Frequencies To Hong Kong

Air Belgium was supposed to start flying 4x per week between Charleroi and Hong Kong starting in the fall, though the airline has now reversed that. Air Belgium will continue to operate the route 3x p... ( read original story ...)

Posted on 24/07/2018

ASTRI and Cyberport partnership seeks to facilitate unleash great potential for AI and Blockchain start-ups

working as an important facilitator of Hong Kong's I&T development. Technology start-ups play a vital role in Hong Kong's role in its global I&T aspirations. Hong Kong not only boasts one of the most ... ( read original story ...)

Posted on 23/07/2018

Co-living start-up enters HK market with acquisition

Singapore-based co-living start-up Hmlet has acquired we r urban, marking its expansion into the Hong Kong market. A Hong Kong start-up, we r urban was founded by Ms Raphaela Oliver-Kofeler and Mr Cor... ( read original story ...)

Posted on 23/07/2018

Hong Kong is an ideal candidate for homes and businesses to sell renewable power to the grid, says energy trading start-up Electrify

Electricity consumers can have the freedom to choose how the unused power in their homes and factories should be resold if regulators liberalise markets and approve a new blockchain based trading plat... ( read original story ...)

Posted on 23/07/2018

Vested business interests a hurdle for new industries

Gobee.bike, Hong Kong’s bike-sharing operator, said on Monday it will wind up its operations, citing financial reasons. PROVIDED TO CHINA DAILY The demise of a bicycle-sharing startup in Hong Kong has ... ( read original story ...)

Posted on 23/07/2018

Alibaba joins US$600 million round for AI startup Megvii

HONG KONG: Megvii Inc, the Chinese developer of facial recognition ... Alibaba is ramping up its investment in China’s largest artificial intelligence startups, hoping to employ the technology across ... ( read original story ...)

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