Hong Kong: The endangered golden goose ?
Hong Kong – As China’s key offshore financial center, Hong Kong has been playing a unique role in facilitating Mainland China’s integration with the global economy since the opening up of its market in the late 1970s. However, the trade … Continue reading Hong Kong: The endangered golden goose ?
Hong Kong facing worst crisis since 1997 handover
Shanghai – Senior Chinese diplomat Wang Yi told a Hong Kong business delegation that more support should be given to the city’s government to end violence that has evolved into the biggest crisis it has faced since the return to … Continue reading Hong Kong facing worst crisis since 1997 handover
Sandbox VR builds hyperrealistic VR games
Hong Kong – A swarm of monster bugs are running toward towards me and I’m frantically shooting at them, all while trying to ignore the fact that I’m standing right at the edge of a skyscraper. As someone with acrophobia, … Continue reading Sandbox VR builds hyperrealistic VR games
Luckin Coffee chief asks banks for $200 million loan
Hong Kong – Chinese startup Luckin Coffee’s chairman is seeking a loan of at least $200 million from banks including Goldman Sachs and Morgan Stanley under a deal that would award them mandates in the firm’s planned U.S. IPO, people … Continue reading Luckin Coffee chief asks banks for $200 million loan
Cathay Pacific making profit again
Hong Kong – Hong Kong’s Cathay Pacific Airways Ltd projected its annual profit at more than double analyst estimates as its turnaround plan designed to cut costs and boost revenue pays off, sending its shares surging nearly 9 percent on … Continue reading Cathay Pacific making profit again