Showing that the connections between China and Israel are growing, Hong Kong-based travel destination startup, Klook, has raised $60 million in funding from a group of investors that includes Israeli-based VC platform OurCrowd, making a first investment in ... ( read original story ...)
Why Startups & Corps Should Consider Expansion to Shenzhen China
Aside from its industrial history, Shenzhen is located at the border of Hong Kong – a city which provides effortless arrival and departure without a visa. It’ also the financial hub of China’s Greater Bay Area, and has a thriving startup ecosystem. ( read original story ...)
Hong Kong electronic fairs carry on despite cyclone
The Startup zone at the Autumn Electronics Fair this year attracted ... He had found 30-40 potential suppliers of IoT solutions, AV systems and smart devices from Hong Kong and the Chinese mainland. ( read original story ...)
The Hong Kong Shopping Experience Is Changing
Still, as visitor arrivals and retail sales start to rebound, there’s limited upside for Hong Kong’s landlords, said Patrick Wong, Bloomberg Intelligence property analyst in Hong Kong. "Receipts might be stable and resilient, but if things turn better ... ( read original story ...)
Vatican-supported startup project is Trojan-powered, from the top down
(Photo/Benjamin Stanfield) Paul Orlando is known for getting startups off the ground. He co-founded Hong Kong’s first startup accelerator, AcceleratorHK, and as USC Incubator director, he helps Trojan-led projects go from idea to reality. But this summer ... ( read original story ...)
A stranger and one familiar face: pair set to lead Chinese policy on Hong Kong are a mixed bag
Xi’s future policies on Hong Kong have been well defined, after he declared China’s “comprehensive jurisdiction” over the city and included it in the nation’s Greater Bay Area development plan at the start of the 19th party congress last week. ( read original story ...)
Hong Kong travel start-up Klook raises US$60m in latest funding round to expand globally
Hong Kong-based travel activity booking site Klook said on Wednesday that it has raised almost US$60 million in the latest round of funding giving further impetus to its overseas expansion plans. With its fresh funds, Klook plans to expand to North America ... ( read original story ...)
Hong Kong graduates win prestigious German design award for co-living unit
A micro-flat designed by four mechanical engineering graduates from Hong Kong Polytechnic University and targeted at younger buyers has won a prestigious German iF Design Talent Award. The “Connex” has divided what is a 600-square-foot flat into a ... ( read original story ...)
The Startup Ecosystem: Unleashing Mobility and the Next Big Opportunities
... global investors accounted for the largest portion of capital flow and Chinese investment in Indian startups is rapidly increasing. Hong Kong is developing a strong startup ecosystem, leveraging on its strength as a global financial center with deep r ... ( read original story ...)
Hong Kong must do more to shed ‘laissez-faire’ business attitude, says Canadian Chamber president
The government’s new tax initiatives were a good start towards fostering small and medium companies but more must be done to overcome Hong Kong’s overly “laissez-faire” attitude towards business, the Canadian Chamber of Commerce in Hong Kong ... ( read original story ...)
Hong Kong to drop new board plan, amend rules to let start-ups, dual-class companies raise funds
Hong Kong’s government has signalled that it intends to drop a plan to establish a new board on the city’s stock exchange for start-ups and companies with multiple-class shareholding structures to raise capital, choosing instead to amend existing rules ... ( read original story ...)
AIA Group’s new business climbs 20% helped by China, Hong Kong
REUTERS: AIA Group Ltd, the world’s third-largest life insurer by market value, clocked a 20 percent increase in new business in the third quarter aided by strong sales in its main markets of China and Hong Kong. China and Hong Kong together account for ... ( read original story ...)
Why mainlanders have lost their appetite for Hong Kong’s fast food
Now a frequent visitor to Hong Kong on business trips and holidays, Li said that while Cantonese food still appeals to her, Hong Kong fast food chains are no longer among her dining options. “I would still go to Cantonese restaurants such as Tao Heung ... ( read original story ...)
Hong Kong’s stocks fall first time in three days on concern gains were overdone
Hong Kong’s stocks fell for the first time in three days on concern that the gain on the benchmark gauge was excessive this year. The Hang Seng Index dropped 0.5 per cent, or 152.03 points, to 28,335.21 in morning trading. The Hang Seng China Enterprises ... ( read original story ...)