FeaturedTechnologyBlockchain 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
FeaturedTechnologyChinese 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
EconomyFeaturedHong 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
FeaturedMarketsChinese 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
FeaturedFintechHong 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
FeaturedReal 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 FinanceMagazineHong Kong will still be Asia’s financial hub despite the unrestBharath KumarMarch 16, 2020March 19, 2020 by Bharath KumarMarch 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
FeaturedFintechGlobal 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
Asset ManagementFeaturedWealth managementMorgan Stanley aims to boost its wealth management staff strength in AsiaBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 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.... Read more
FeaturedInsurancePolitical turmoil takes its toll on Hong Kong’s life insurance sectorBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 Last November, the tourist footfalls from the Chinese mainland fell by 60 percent year-on-year.... Read more