Six companies have been chosen to receive a combined 10 million yuan in investments from the Alibaba Hong Kong Entrepreneurs Fund. These are Gobee.bike, CompareAsiaGroup, Origami Labs, Prenetics, Aqumon and Qupital. The announcement was made Thursday by ... ( read original story ...)
Six Hong Kong startups get HK$10 mln investment from Alibaba
Six companies have been chosen to receive a combined HK$10 million in investments from the Alibaba Hong Kong Entrepreneurs Fund. These are Gobee.bike, CompareAsiaGroup, Origami Labs, Prenetics, Aqumon and Qupital. The announcement was made Thursday by the ... ( read original story ...)
Hong Kong tourism sector expects ‘super golden week’ to be boon for business
Hong Kong’s tourism and dependent industries were optimistic on Wednesday that an extended holiday on the mainland – dubbed “super golden week” – would translate into a boost in profits, with double the amount of tour groups expected and hotel ... ( read original story ...)
Hong Kong Lifestyle Expo in Dubai promotes business cooperation
The Lifestyle Expo in Dubai is being held to foster business collaboration between the Chinese mainland, Hong Kong and the United Arab Emirates (UAE) as well as the rest of the Middle East-Africa (MEA) region, helping companies seize the enormous business ... ( read original story ...)
Legal entitlements of Hong Kong’s same-sex couples unlikely to change, experts say
The decision to grant a spousal visa to a gay woman has been welcomed by business groups and banks and heralded as a mood change on LGBT rights in Hong Kong – but it won’t affect the legal entitlement of same-sex couples to other benefits, according to ... ( read original story ...)
Alibaba takes control of logistics business, pledges $15 billion to expand network
HONG KONG/BEIJING (Reuters) - Chinese e-commerce firm Alibaba Group (BABA.N) has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan ($15 billion) over five years to build out a global logistics network, underscoring aggressive ... ( read original story ...)
China, Hong Kong stocks steady as upbeat industrial data eases slowdown fears
Chinese and Hong Kong stocks were firm in Wednesday trade, with resources shares rebounding sharply after China's upbeat August industrial profit data and robust earnings forecast by a major steelmaker helped ease fears of China's economic recovery losing ... ( read original story ...)
Freight Startup Flexport Raises $110 Million And Turns Down A $1 Billion Valuation
Flexport is one of the 25 companies on Forbes’s 2017 list of next billion-dollar startups. Flexport CEO and founder Ryan ... led by DST Global, the Hong Kong-based firm headed by billionaire Yuri Milner that once owned 8% of Facebook. ( read original story ...)
Top Business Leaders Gather As Forbes Global CEO Conference Kicks Off In Hong Kong
Top business and thought leaders from Greater China and around the world have come together in Hong Kong for the 17 th Forbes Global CEO Conference that kicks off today. The gathering is being held against a backdrop of rapid technology change and global ... ( read original story ...)
Rule of law and English language are key assets for Hong Kong to win British business in wake of Brexit, says trade chief
Hong Kong businesses and officials need to seize the opportunities created by Britain’s vote to leave the European Union, according to Trade Development Council executive director Margaret Fong Shun-man. Speaking on the sidelines of a trade symposium ... ( read original story ...)
Cryptocurrency mania grips Hong Kong as it looks beyond banking
In the mid-1990s, Johnson Leung embarked on a career in shipping. In the early 2000s, he moved to finance. And now he runs a Hong Kong startup to try to improve how container ships are booked using blockchain technology. Many in Hong Kong hope the city can ... ( read original story ...)
AI startup Appier hires Sean Chu from Microsoft to head its Asia growth strategy
Appier, the artificial intelligence startup that recently raised a $33 million Series ... which include Japan, Korea, Hong Kong and Southeast Asia, before expanding into other regions. The company’s main products, the CrossX Programmatic Platform and ... ( read original story ...)
Ceremony kicks start the celebration of the 50th Anniversary of the Re-establishment of Lingnan University in Hong Kong
The Launch Ceremony of the 50th Anniversary of the Re-establishment of Lingnan University in Hong Kong was held on 19 September at Chan Tak Tai Auditorium of the University campus. About 700 staff, students, alumni and friends of the University gathered ... ( read original story ...)
Hong Kong Airlines may start flying to San Francisco in March
Hong Kong Airlines may be about to begin flying four-times per week to San Francisco starting March 25 next year. According to industry website airlineroute.net, the carrier has filed a new route to the West Coast city, which will be operated by its Airbus ... ( read original story ...)