Hong Kong
Goldman-backed heart valve startup eyes Hong Kong IPO
Goldman-backed heart valve startup eyes Hong Kong IPO
Venus MedTech is said to be aiming to raise up to US$500m.
Residents expect to fall short of $5m life savings target
They expect they can set aside only $3.15m after retirement.
Beijing pitches in for Hong Kong's IT sector upgrade
Two state-backed laboratories will be built in the SAR’s science park.
Yau Tong site sold for $3.3b
It was awarded to Ace Alliance Development Limited.
Central bank buys $2.355b to defend weakening currency peg
The HKD fell as the greenback gained strength after Turkey’s market turmoil.
Only a third of startups embrace accelerators
Firms may be failing to exhaust all available support options.
Hong Kong's startup growth hit by weak Greater Bay Area links
Homegrown firms have trouble accessing new markets which could open the doors for talent and suppliers.
Coworking operator UCommune eyes Hong Kong IPO to outbid US rival
It’s also planning to raise around US$200m in its series D round.
Hong Kong mid-year population up 0.8% to 7.45 million
Birth numbers (55,000) outweighed mortality rates (47,300).
Hong Kong is more liveable than Singapore
The SAR is at 35th place whilst the Lion City is at 37th.
Hong Kong is the fifth most preferred place for Australian expats
There are around 35,000 Australian expats in the SAR.
Waiting time for public housing hits 18-year high
It takes residents five years and three months to be allocated a flat.
Tight squeeze: Demand for nano flats doubles in first eight months of 2018
Units no larger than 300 sqft compose 12.4% total apartment sales in the city.
Developers deploy discounts to offset mortgage rate hikes
Sun Hung Kai Properties rolled out 16% on its Park Yoho property.
Hong Kong-New Zealand tax treaty protocol kicks into effect
It implements the automatic exchange of information in tax matters on a bilateral basis.
Life annuity scheme subscription hits $4.94b out of $10b limit
Average subscription amount was at $525,000.
Bank of East Asia unveils centralised e-payment platform for merchants
BEA’s ‘i-Payment hub’ can process different payment types in a single device.
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