David Hanson envisions a future in which AI-powered robots evolve to become “super-intelligent genius machines” that might help solve some of mankind’s most challenging problems. If only it were as simple as that. The Texas-born former sculptor at ... ( read original story ...)
China’s Lufax seeks $60 billion valuation with April Hong Kong IPO – SCMP
HONG KONG (Reuters) - China's largest online wealth management platform, Shanghai Lujiazui International Financial Asset Exchange, or Lufax, is seeking a valuation of $60 billion with its April initial public offering in Hong Kong, the South China Morning ... ( read original story ...)
AI FinTech startup Trend Lab hits the unicorn mark with HK$100 million angel round valuation
In light of this, Mr. Tin Mok, founder and CEO of Trend Lab, has gathered talents from various leading internet technology companies in the Guangdong-Hong Kong-Macao Greater Bay Area. With its official establishment, the new AI FinTech startup Trend Lab ... ( read original story ...)
Hong Kong court to rule later on 3 activists’ prison terms
HONG KONG — Three Hong Kong activists will have to wait to learn the outcome of their final appeal Tuesday to overturn prison sentences for their roles in sparking 2014's massive pro-democracy protests in the semiautonomous Chinese city. Judges at Hong ... ( read original story ...)
Hong Kong democracy activists appeal jail terms in court
They were jailed last year for leading Hong Kong's 2014 pro-democracy "Umbrella Movement." The three young activists appeared in Hong Kong's top court on Tuesday to appeal against their jail terms. In August, Joshua Wong, Nathan Law and Alex Chow were ... ( read original story ...)
Finastra establishes Future of Banking Center of Excellence in Hong Kong
It is also a strong hub for Asia and the Belt and Road region. Dr. Lee George Lam, Chairman, Hong Kong Cyberport Management Company Limited, said, "We welcome Finastra and McKinsey to the Cyberport community, and firmly believe that the Center of ... ( read original story ...)
Young Hong Kong activists in court to appeal prison terms
HONG KONG — Three young Hong Kong activists, including Joshua Wong, are making a last-ditch attempt to overturn prison sentences for their roles in sparking 2014's massive pro-democracy protests in the semiautonomous Chinese city. Lawyers for the three ... ( read original story ...)
Lifelike robots made in Hong Kong meant to win over humans
HONG KONG — David Hanson envisions a future in which AI-powered robots evolve to become "super-intelligent genius machines" that might help solve some of mankind's most challenging problems. If only it were as simple as that. The Texas-born former ... ( read original story ...)
Why 2018 Will Be A Renaissance Year For Asia Tech IPOs, Undercutting New York
Hong Kong ended 2017 placing third in the global IPO race. That’s the first time in three years that the city lost its coveted fundraising top spot to New York — and the first time ever to fall behind Shanghai. But early forecasts suggest it may ... ( read original story ...)
Hang Seng Index soars to record, as new listing rules chart bourse’s path back to top of IPO markets
Hong Kong was surpassed last year by New York and Shanghai as the world’s largest destination for IPOs. The stock market operator and regulator pushed through an overhaul of the exchange’s listing regulations last year to make Hong Kong a more ... ( read original story ...)
Hong Kong government pledges cautious approach to easing mortgage plight of first-time buyers
The Hong Kong government is taking a cautious approach in the plans to review its mortgage policy for first-time buyers, according to James Lau, the secretary for financial services and the treasury – but any such move must be carefully thought out ... ( read original story ...)
Hong Kong ‘must catch up with Taiwan’ to become a disability-friendly city
But for Hong Kong’s disabled residents, the image is laden with irony. The Lok Ku Road public toilet is surrounded by staircases but no ramps, making it nearly impossible for wheelchair-bound people to get to it. The toilet is among the design oddities ... ( read original story ...)
At HK$260 from Hong Kong to Guangzhou, express rail fares will cost more than earlier estimates
Travellers from Hong Kong to Guangzhou on the high-speed rail link opening later this year will have to pay HK$260 (US$33) per trip under finalised fares that are much higher than original estimates. The 48-minute journey from the city’s West Kowloon ... ( read original story ...)
Hong Kong stocks break 14-day winning run; Nikkei rises despite stronger yen
Hong Kong’s Hang Seng Index HSI, -0.23% ended down 0.2%, after climbing around 1% earlier in the session. The turnaround came amid steep losses in mainland Chinese equities. The Shenzhen Composite 399106, -1.80% ended down 1.8% and the startup-heavy ... ( read original story ...)