Aviation FeaturedCathay Pacific shareholders approve plan to raise $5 bn bailout packagePritam BordoloiJuly 14, 2020 by Pritam BordoloiJuly 14, 2020 The decision was made during a general meeting held on July 13... Read more
Aviation FeaturedHong Kong announces HK$30 bn bailout package for Cathay PacificPritam BordoloiJune 9, 2020 by Pritam BordoloiJune 9, 2020 This marks the first time the Hong Kong government has invested in a private company... Read more
Featured TechnologyBlockchain incubator LongHash selects 7 startups for its Hatch programmePritam BordoloiMay 26, 2020 by Pritam BordoloiMay 26, 2020 The 12-week program will focus on open finance... Read more
Featured TechnologyChinese government proposes stablecoin for four Asian countriesPritam BordoloiMay 22, 2020 by Pritam BordoloiMay 22, 2020 The four countries are Japan, China, Hong Kong and Korea... Read more
Economy FeaturedHong Kong’s unemployment rate highest in over a decade at 5.2%Pritam BordoloiMay 20, 2020 by Pritam BordoloiMay 20, 2020 The underemployment rate hit 3.1%, the highest in more than 15 years... Read more
Featured MarketsChinese delivery platform Dada Nexus plans to raise $500 mn in US IPOPritam BordoloiMay 14, 2020 by Pritam BordoloiMay 14, 2020 Dada Nexus, listed the size of the offering at $100 mn, a placeholder amount likely to change... Read more
Featured FintechHong Kong-based fintech Neat secures $11 mn funding to fuel expansionInternational Finance Business DeskApril 8, 2020 by International Finance Business DeskApril 8, 2020 Investors who took part in the funding round includes Pacific Century, Visa and MassMutual Ventures... Read more
Featured Real EstateHong Kong home prices see biggest drop since November 2018International Finance Business DeskApril 1, 2020April 1, 2020 by International Finance Business DeskApril 1, 2020April 1, 2020 The anti-government protests and the Covid-19 pandemic in part are reasons for its property market’s sluggish growth... Read more
Banking and Finance MagazineHong Kong will still be Asia’s financial hub despite the unrestInternational FinanceMarch 16, 2020March 19, 2020 by International FinanceMarch 16, 2020March 19, 2020 Hong Kong is China’s window to the wider world and its goose that lays golden eggs – China won’t risk losing it... Read more
Featured FintechGlobal fintech deals fall by 4% as China suffersPritam BordoloiFebruary 21, 2020 by Pritam BordoloiFebruary 21, 2020 3,472 fintech deals were recorded with a total value of $53.3 bn in 2019... Read more