Hong Kong

The $2 Billion Food Delivery Firm Coveted By Uber Just Opened Its First Brick-and-mortar Restaurant

British food delivery startup Deliveroo has opened a brick-and-mortar restaurant in Hong Kong. The "Deliveroo Food Market" will cater both to online orders and in-store customers. Reports emerged in September that Uber was in acquisition talks with...
Related topics: Startup

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China Detains Former Canadian Envoy

A former Canadian diplomat has been detained in China amid rising tensions between the two countries over Canada's arrest, at the request of the United States, of a Chinese technology executive. A former Canadian envoy to Beijing, Hong Kong and...
Related topics: China, Canada, Beijing

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Google Officially Ends Support For Android 4.0 Ice Cream Sandwich

Seven years after the release of Android 4.0 Ice Cream Sandwich (ICS), Google says it’s ending support for the operating system.Announced at an event in Hong Kong on October 19th, 2011, ICS was the first iteration of Android where head of...
Related topics: Google

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Super Expensive Hong Kong Tops The Global List For Super-rich Home Buyers

The world’s super-rich collectively spent $6.6 billion in a recent 12-month period on homes worth $25 million or more, according to new research by Knight Frank, the global real estate consultancy firm. The ultra-wealthy bought these residences in...

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Chinese Imports And Exports Decline Big In November

We start a new week of trading waking up to lower market closes across the Pacific, with Asian indexes like the Nikkei in Japan -2% and Hong Kong -1.2%. This came on the heels of big drops in Chinese imports and exports, which fell precipitously...
Related topics: Japan

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Stranded Sailor In Round-the-world Race Is Rescued

A cargo ship has rescued a British woman sailing solo in a round-the-world race who was stranded in the Southern Ocean after a storm destroyed her boat. Susie Goodall tweeted “ON THE SHIP!!!” after she was rescued Friday by the Hong...

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Exclusive: Snowden's Lawyer 'systematically Targeted By Hong Kong Government'

When whistleblower Edward Snowden leaked classified US Intelligence info in 2013, he became ‘the most wanted man in the world’. But it wasn’t just Snowden’s life that was thrown into disarray when the docs were leaked. Now, the authorities...
Related topics: Edward Snowden

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Apple To Introduce Homepod In China, Boosts Global Presence

Apple AAPL is foraying into the Chinese smart speaker market. The company recently announced that its HomePod will be available in China from early 2019 at a price of RMB 2,799 or $407. Further, these speakers will be available in Hong Kong at HKD...
Related topics: Apple (AAPL), China

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Soros Fined By Hong Kong Over Naked Short Sales

Soros Fund Management, the Hungarian billionaires' $25 billion family office, was fined $200,000 by a securities regulator in Hong Kong over its aggressive 'naked shorting' of a locally listed company. The trade in question occurred in 2015, when...
Related topics: George Soros

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Asian Streaming Startup M17, Still Recovering From A Failed Ipo, Raises Another $25m

M17, the Taiwanese streaming company that controversially priced on the NYSE but didn’t list, has returned to the private markets after it raised a $25 million funding round. The round was led by Terry Tsang — CEO of Hong Kong-based...
Related topics: Startup, Initial Public Offering, US Equity Markets

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Beijing Urges Canada, Us To 'clarify' Reason For Huawei Cfo Arrest

A sharp decline in technology shares has dragged down benchmark stock indexes in China and Hong Kong since the global chief financial officer of Chinese technology giant Huawei was detained in relation to alleged violations of US sanctions.
Related topics: China, Beijing, Canada, Huawei

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Hong Kong Is Planning A $60 Billion City In The Sea Nearly Everyone Opposes

Pesky environmentalists might say this isn’t the best time to build a gigantic new city in the sea—Hong Kong’s leaders would beg to disagree. The local government wants to build a series of costly artificial islands totaling 1,700...

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Scientist Who Claimed Controversial Human Gene Editing Reportedly Missing

Chinese scientist He Jiankui has not been seen in public since his high-profile presentation last week at an international conference in Hong Kong.

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Hong Kong Home Market Headed For Big Correction 

Back in October, Hong Kong’s housing market suffered its first decline in 29 months only days after HSBC became the first commercial bank to raise its prime lending rate, taking a hint from the Federal Reserve and the Hong Kong Monetary...
Related topics: HSBC, Banking, Fed

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Faraday Future Dealt Potentially Crippling Blow While Almost Out Of Cash

Struggling California EV startup Faraday Future was dealt a potentially crippling blow on Thursday, according to a press release from its main investor and confirmed by a person familiar with the matter. The arbitrator in Hong Kong that’s sorting...
Related topics: Startup

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Science Conference Slams 'deeply Disturbing' Baby Gene-editing Claim

A scientist who upended a Hong Kong conference with his claim to have created the world's first genetically-edited babies cancelled a fresh talk and was heavily criticised by organisers Thursday, who labelled him as irresponsible.

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Another China Sex Doll Brothel Goes Tits-up After Police Raid

The same day as a South China Morning Post exposé on Hong Kong's first sex doll brothel - asking in the headline "is it legal?" and insinuating the dolls fulfill rape fantasies, the silicone whorehouse in the city of Kwun Tong was raided by...
Related topics: China, Police

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Skype Co-founder Snags $105m For Fintech Lending Venture In Southeast Asia

A fintech whale quietly going about its business in Southeast Asia has come out from under the radar after Oriente, a Hong Kong-based business headed by Skype’s first employee, announced that it has raised a whopping $105 million. It may not...

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British National Urges Uk To Ban Chinese State Tv Over Role In Forced Confession

A drawing of Peter Humphrey’s forced confession. illustrated by Alexey Garmash via Hong Kong Free Press. The following post was written by Kris Cheng and published on Hong Kong Free Press on November 23, 2018. The republication is based on a...
Related topics: United Kingdom

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Sneaks – “hong Kong To Amsterdam” Video

In January, Eva Moolchan is releasing her third Sneaks album, Highway Hypnosis, and it's her most fully realized yet. She's been generous with sharing advance tracks from it -- so far, we've heard "Beliefs," "The Way It Goes," and, just last week,
Related topics: Netherlands, Amsterdam, Business Videos

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