Hong Kong announces HK$30 bn bailout package for Cathay Pacific
This marks the first time the Hong Kong government has invested in a private company...
Tag : Hong Kong
Blockchain incubator LongHash selects 7 startups for its Hatch programme
The 12-week program will focus on open finance...
Chinese government proposes stablecoin for four Asian countries
The four countries are Japan, China, Hong Kong and Korea...
Hong Kong’s unemployment rate highest in over a decade at 5.2%
The underemployment rate hit 3.1%, the highest in more than 15 years...
Chinese delivery platform Dada Nexus plans to raise $500 mn in US IPO
Dada Nexus, listed the size of the offering at $100 mn, a placeholder amount likely to change...
Hong Kong-based fintech Neat secures $11 mn funding to fuel expansion
Investors who took part in the funding round includes Pacific Century, Visa and MassMutual Ventures...
Hong Kong home prices see biggest drop since November 2018
The anti-government protests and the Covid-19 pandemic in part are reasons for its property market’s sluggish growth...
Hong Kong will still be Asia’s financial hub despite the unrest
Hong Kong is China’s window to the wider world and its goose that lays golden eggs – China won’t risk losing it...
Global fintech deals fall by 4% as China suffers
3,472 fintech deals were recorded with a total value of $53.3 bn in 2019...
Morgan Stanley aims to boost its wealth management staff strength in Asia
The US investment banking giant declared that it touched a milestone in profit last year, owing to its wealth business that contributes to over 50 percent of its earnings....