During the pandemic, almost all retailers in Asia established an e-commerce presence and adopted digital payments. But one thing that didn’t change was sourcing, say the founders of cross-border marketplace […]
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Back to news homeChina Faces a Crisis in Its Real Estate Sector
A model Chinese property developer in a sector replete with risk takers is teetering on the edge of default. Short of cash, one of China’s biggest asset managers has missed […]
Trouble in China Pushes Hong Kong’s Hang Seng Into Bear Market
Stocks in Hong Kong entered a bear market on Friday, down 21 percent from their high near the start of the year, as investors around the world grew increasingly worried […]
Rice Robotics picks up $7M, powers SoftBank’s office delivery
In the crowded enterprise robotics space, the ability to secure key clients is a crucial differentiator for companies. In the case of Hong Kong-based Rice Robotics, the important order has […]
Brinc launches new program for climate tech startups
Brinc, the Hong Kong-based accelerator backed by investors like Animoca Brands, is launching a new program for fledgling climate tech startups. The three-month program is tailored for founders who are […]
Investors Sour on China’s Stocks, Renewing Fears About Economy
The wager was supposed to be a no-brainer. China was reopening after nearly three years of pandemic lockdowns, and investors expected that its economy, the world’s second-largest, would come roaring […]
As the US cracks down on crypto, Hong Kong extends a warm welcome
On a balmy day in mid-April, thousands of people queued in line to enter the Hong Kong Convention Center where the city’s inaugural web3 festival was underway. Most had flown […]
Hong Kong shows desire to be crypto hub with new regulation
As the U.S. government continues to rein in the crypto industry with a spate of regulations, other places are emerging as new hubs for the virtual asset industry. On Monday, […]
As China Reopens Its Borders, Mixed Feelings at Home and Abroad
HONG KONG — Over the past three years, Zhou Wanhui, a Hong Kong resident, has visited her parents in China just three times. Though they live only two hours away […]
As China Drops Travel Rules, Wariness Rises Over its Covid Outbreak
For the past three years, China largely shut its borders and kept its people home, retreating from the global engagement that was the foundation for its rise.As the country now […]