HONG KONG — For Chan Shun Ki, a cleaner at a construction site in Hong Kong, getting over the coronavirus was the easy part.Ms. Chan was anxious to return to […]
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Back to news home‘I Don’t Dare Get the Shot’: Virus Ravages Unvaccinated Older Hong Kongers
HONG KONG — For two years, Hong Kong had largely avoided a major coronavirus outbreak with tight border controls and strict social distancing measures. Then Omicron triggered an explosion of […]
Zero-Covid Policy Shakes Hong Kong’s Economy and Its ‘Soul’
HONG KONG — Perry Lam felt confident that his business had weathered the worst of the pandemic. Several rounds of bar closures in Hong Kong had dimmed the city’s vibrant […]
Hong Kong accelerator Brinc raises $30M Series B
I’ve visited Brinc’s headquarters the last few times I’ve been to Hong Kong, and been impressed with the range of different startups the accelerator works with. I knew the organization […]
Sleek secures $14M Series A to enhance its corporate service platform
Entrepreneurs and small and medium enterprises (SMEs) often struggle to deal with several siloed functions, such as company secretary, bookkeeping, banking, tax, payroll, employment services, insurance and more. French entrepreneurs […]
Open banking startup Finverse wants to build the Asia-Pacific region’s Plaid
Based in Hong Kong, Finverse’s ambitious goal is to enable open banking throughout the Asia-Pacific region. The startup recently came out of stealth mode with $1.8 million in seed funding, […]
Hong Kong-based fintech XanPool raises $27M for its decentralized payment network
XanPool, a payment infrastructure provider that facilitates faster crypto and fiat settlements, announced today it has raised a $27 million Series A led by Valar Ventures. The round included participation […]
FoundersHK, created to strengthen Hong Kong’s startup ecosystem, holds its first demo day
FoundersHK was created to strengthen Hong Kong’s startup community, which has weathered more than two years of political turmoil, along with the COVID-19 pandemic. Today the non-profit, which started as […]
Crypto asset management platform Cobo bags $40M Series B
Cobo, a Singapore-based crypto asset management platform, raised a $40 million Series B to accelerate the development of decentralized finance as a service (DFaaS). The round was co-led by DST […]
Hong Kong’s Global Watch Dominance Comes to an End
Hong Kong was the Swiss watch industry’s No. 1 export market for more than a decade.Not anymore. “It is the end of El Dorado,” Thierry Huron, founder of The Mercury […]