Tag: business

“When I joined Noah three years ago, I thought clients in second- and third-tier cities had no demand for overseas investment,” said Lam, who had worked for 15 years at McKinsey & Co ... first overseas branch in Hong Kong in 2012 and set up the ... ( read original story ...)

Hong Kong’s bike-sharing service Gobee.bike said on Thursday that it has raised US$9 million in its first venture capital round of funding, as the startup looks to finance its expansion in the city and overseas. The Series A funding round was led by ... ( read original story ...)

Hong Kong’s private sector grew at its fastest rate in nearly three and a half years last month due to greater demand from across the border, though the prospect of higher interest rates is still causing pessimism at companies, a key economic indicator ... ( read original story ...)

(Bloomberg) -- TNG FinTech Group Inc., a Hong Kong-based digital wallet operator founded in 2013, is poised to close a funding round and is targeting a valuation of about $500 million, according to a person familiar with the matter. The firm has attracted ... ( read original story ...)

HONG KONG (Reuters) - Chinese internet firm Meituan-Dianping ... for which Meituan is in talks with several global institutional investors, would likely value the start-up at about $25 billion to $30 billion, the person said. About $1 billion of the ... ( read original story ...)

Following a healthy second quarter in China, Japan and Hong Kong, which ended on 30th June 2017 ... “We are pleased to report a solid start to FY2018, which was supported by good returns from our ongoing marketing activities, particularly in China ... ( read original story ...)

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HONG KONG (Reuters) – Chinese internet firm Meituan-Dianping ... for which Meituan is in talks with several global institutional investors, would likelу value thе start-up at about $25 billion tо $30 billion, thе person said. About $1 billion ... ( read original story ...)

HONG KONG (CNN) - North Korea's accelerated missile testing may ... huge and create a difficult decision for airlines operating in the area. "Does it start a war? Is it an act of war? The impact of what could happen if that did occur are more than just ... ( read original story ...)

"I think it's time to start building a family before it's too late," Mervin ... along with world No. 10 Wales and No. 23. Hong Kong. The three pool winners and the best record of the remaining teams will advance to the semifinals. Canada opens Aug. 9 ... ( read original story ...)

Shares in state-run Aluminium Corp of China (Chalco) have surged 47 percent since the start of July, while shares in Shenzhen ... said analyst Helen Lau of Argonaut Securities in Hong Kong. Both Deutsche Bank and Wood Mackenzie see 3 million tonnes of ... ( read original story ...)

Proceeds to be used for acquisitions in Asia and the U.K. TNG FinTech Group Inc., a Hong Kong-based digital wallet operator founded in 2013, is poised to close a funding round and is targeting a valuation of about $500 million, according to a person ... ( read original story ...)

GLM isn’t a household name on InsideEVs, though we’ve featured GLM vehicles from time to time. The hottest GLM electric car to date is the G4, which debuted at the Paris Motor Show in October 2016. “O Luxe will acquire 85.5% of GLM’s outstanding ... ( read original story ...)

Start your day with what's moving markets in Asia ... Australia’s S&P/ASX 200 Index fell 0.5 percent and South Korea’s Kospi index added 0.2 percent. Hong Kong’s Hang Seng Index was 0.2 percent higher, while the Shanghai Composite Index swung ... ( read original story ...)