Hong Kong

HK sets licensing requirement for crypto exchange

Foreign firms will need to obtain a license as a virtual asset services provider.

Lenovo profit climbs to an “all-time high” of US$1.17b in 2021

This reflected a 77% increase compared to the previous year.

JD Logistics to raise $24.1b in global offering

It set its offer price at $40.26 per share.

Five ways the Hang Seng-Cyberport alliance can help entrepreneurs

It is expected to open up opportunities for Cyberport community companies in the Greater Bay Area.

Sino Malls grant $20m rewards in line with gov’t’s e-vouchers

Sino Malls will be launching a series of exclusive voucher promotions.

Global economic recovery to boost Hong Kong trade

Total value of exports and imports rose 24.4% and 25.2% in April. 

Daily Briefing: US & China trade envoys meet; HSBC exits US retail banking; Australian state locks down

Trade envoys from the US and China talk on the phone for the first time since US President Joe Biden took office.

How Hong Kong plans to reach its carbon neutrality target

The government has implemented measures on waste management, energy supply and green building amongst others.

Gov’t wants to raise loan limits in bond programmes

The proposal will increase borrowing limits to $300b and $200b in two government bond programmes.

Daily Briefing: Tesla ditches radar; and Malaysia COVID case ratio exceeds India

And a quick rundown on which countries are eager to reopen borders to tourism as summer approaches.

HKTB starts second round of “Spend-to-Redeem Free Tours”

It allows Hong Kongers to redeem free tours with $800-worth receipts from dining and retail outlets.

Karrie International expects at least 35% profit growth in 2021

This was driven by the growing demand for cloud applications, and online businesses.

Xinyi Glass, Xinyi Solar join Forbes Global 2000 for the first time

Xinyi Glass and Xinyi Solar both made it in the 1,509th and 1,615th rank, respectively.

Daily Briefing: Global property markets to soar; UN envoy warns of potential Myanmar civil war

And more companies to move supply chains to China as COVID cases spike in other Asian economies.

SFC calls for vigilance on online investment scams

In a simulation of the stock scam, the SFC lured 24,000 potential investors.