GalaxySpace Completes a New Financing Round with Legend Capital Re-upped

HONG KONG, Sep 25, 2022 – (ACN Newswire via SEAPRWire.com) – GalaxySpace, a Chinese commercial aerospace company, recently completed its latest financing round with a post-investment valuation of approximately RMB11 billion. As an existing shareholder, Legend Capital continued to support the company by following up on this financing round. Legend Capital first invested in GalaxySpace in 2018 and continued to follow up on the company’s …

Hong Kong held by Myanmar in football friendly

HONG KONG – Hong Kong was held by Myanmar to a goalless tie in a football friendly here on Saturday. The second leg between the two sides was staged at the Hong Kong Stadium in front of over 12,000 spectators. On Wednesday, Hong Kong beat Myanmar 2-0 in their first meeting at the Mong Kok Stadium behind closed doors. READ MORE: Hong Kong beats Myanmar in …

Cheung: Immense opportunities lying ahead for HK legal sector

Deputy Secretary for Justice Cheung Kwok-kwan speaks at the 35th Anniversary Gala Dinner of School of Law of City University of Hong Kong on Sept 24, 2022. (PHOTO / HKSAR GOVERNMENT) HONG KONG –  Highlighting Hong Kong’s status as an international legal services hub, Deputy Secretary for Justice Cheung Kwok-kwan said on Saturday that there are immense opportunities lying ahead for the city’s legal and …

Leadrive Technology Completes Series C Financing, Legend Capital Re-upped

HONG KONG, Sep 25, 2022 – (ACN Newswire via SEAPRWire.com) – Leadrive Technology, a leading supplier of power semiconductor and motor control solutions for new energy vehicles, recently announced its completion of the series C financing. As the existing shareholder, Legend Capital continued to support this round of financing. This round of financing will be mainly used for the construction of the IGBT/SiC power module …

Southern Score Honours Badminton World Champions, Aaron and Wooi Yik with RM100,000 Incentive

KUALA LUMPUR, Sep 24, 2022 – (ACN Newswire via SEAPRWire.com) – Southern Score Builders Berhad is pleased to present an incentive of RM100,000 to Malaysia’s top men’s doubles pair Aaron Chia and Soh Wooi Yik, who won Malaysia’s first gold at the 2022 World Badminton Championships in Tokyo last month. Soh Wooi Yik, Gan Yee Hin and Chia Teng Fong [L-R] Ian Wong Jien Sern, …

Disciplined services’ grand parade marks HKSAR’s 25th anniversary

A grand parade by Hong Kong’s disciplined services is held at the Fire and Ambulance Services Academy in Tseung Kwan O on Sept 24, 2022 to celebrate the 73rd anniversary of the founding of the People's Republic of China and the 25th anniversary of the establishment of the Hong Kong Special Administrative Region. (EDMOND TANG / CHINA DAILY) HONG KONG – The Security Bureau led …

Hong Kong reports 5,190 new COVID-19 cases, 7 deaths

Residents dine at a restaurant in Tseung Kwan O on April 21, 2022. (CALVIN NG / CHINA DAILY) HONG KONG – Hong Kong reported 5,190 new COVID-19 cases on Saturday as the death of seven more patients brought the city’s COVID death toll during the fifth wave to 9,893. Chuang Shuk-kwan, head of the communicable disease branch of the Centre for Health Protection, said in …

Online class inspires HK youths to explore aerospace knowledge

The Wentian space lab, shown as it was being assembled, is expected to advance space science, technology and research applications. (THE CHINA ACADEMY OF SPACE TECHNOLOGY) Two top space experts held an online space science education class for nationwide audience, including teenagers from Hong Kong and Macao, helping the attendees to explore the marvelous world of science and the country's grand aerospace achievements. Xia Guangqing, …

Lifting of hotel quarantine for arrivals welcomed

Inbound passengers line to undergo rapid antigen tests for COVID-19 under the "test-and-hold" arrangement at Hong Kong International Airport, April 1, 2022. (CALVIN NG/CHINA DAILY) Hong Kong on Friday announced an array of facilitation measures, including lifting its COVID-19 hotel quarantine policy for all arrivals from Monday and replacing the nucleic acid test requirement for travelers boarding planes leaving for Hong Kong with a rapid …

No more hotel quarantine from Sept 26 as HK updates policy

HONG KONG – Hong Kong will scrap its COVID-19 hotel quarantine policy for all arrivals from Sept 26, the city’s chief executive announced on Friday. All international arrivals will be able to return home or to accommodation of their choice but will have to self monitor for three days after entering the city, John Lee Ka-chiu said at a press conference in the afternoon. READ …

HKMA lowers buyer stress test requirement for mortgages

This picture taken on Aug 3, 2019 shows a general view of residential and commercial buildings in the Kowloon district (foreground) with the skyline of Hong Kong Island past Victoria Harbour (center) in the distance. (ANTHONY WALLACE / AFP) HONG KONG – The Hong Kong Monetary Authority has relaxed a mortgage stress test requirement for property buyers in response to rising interest rates and a softening …

Cathay Pacific to increase flight frequencies as curbs eased

A Cathay Pacific Airways passenger plane arrives at the reopened Changi International Airport Terminal 4 in Singapore on Sept 13, 2022, following its closure for more than two years due to the COVID-19 pandemic. (ROSLAN RAHMAN / AFP) HONG KONG – Cathay Pacific Airways Ltd on Friday said it plans to add more than 200 pairs of passenger flights in October to both regional and …

GBA medical staff to visit HK to ease health workforce shortage

This file photo dated March 14, 2022, shows Chinese mainland medical staff arriving in Hong Kong, south China, to support the local fight against the COVID-19 epidemic. (LI GANG / XINHUA) Over 300 medical workers from the mainland cities of the Guangdong-Hong Kong Macao Greater Bay Area(GBA) will visit Hong Kong in batches in the next two years to help ease the city’s acute shortage …

SAR govt gazettes regulations on UN sanctions against Congo, S. Sudan

This Sept 14, 2020 photo shows the outside view of the United Nations headquarters in New York, the United States. (WANG YING / XINHUA) HONG KONG – The government of the Hong Kong Special Administrative Region on Friday gazette separate regulations on renewed UN sanctions against Congo and South Sudan. With the gazette notification, the United Nations Sanctions (Democratic Republic of the Congo) Regulation 2019 …

‘Reindustrialization key for HK’s sustainable economic growth’

Reindustrialization is an essential step not only to diversify Hong Kong’s economic portfolio, but to help complete the ecosystem for scientific research and innovation, which will empower the city’s role in contributing to the development of the international innovation hub with Shenzhen. This was the conclusion of the “Hong Kong Economic Policy Green Paper 2022”, compiled by the University of Hong Kong’s Business School and …

CoinSmart Announces Acquisition by Coinsquare, Creating one of Canada’s Largest Crypto Asset Trading Platforms

TORONTO, ON, Sep 23, 2022 – (ACN Newswire via SEAPRWire.com) – CoinSmart Financial Inc. (“CoinSmart” or the “Company”) (NEO: SMRT) (FSE: IIR), announced today that it has entered into a definitive agreement dated September 22, 2022 (the “Purchase Agreement”) with Coinsquare Ltd. (“Coinsquare”), a leading Canadian crypto asset trading platform, pursuant to which CoinSmart has agreed to sell to Coinsquare all of the issued and …

Toyota to End Vehicle Manufacturing in Russia

Toyota City, Japan, Sep 24, 2022 – (JCN Newswire via SEAPRWire.com) – Toyota has decided to end vehicle production at its Saint Petersburg plant in Russia. On March 4 we had to suspend manufacturing operations at our plant in Saint Petersburg due to the interruption in supply of key materials and parts. Since then, we have been closely monitoring the situation and evaluating the future …

AIM Vaccine Announces Proposed Listing on the Main Board of SEHK

HONG KONG, Sep 23, 2022 – (ACN Newswire via SEAPRWire.com) – AIM Vaccine Co., Ltd. (“AIM Vaccine” or the “Company”, together with its subsidiaries, the “Group”, stock code: 06660.HK), the second largest vaccine company in China in terms of 2021 approved lot release volume (excluding COVID-19 vaccines), announced the proposed listing of its H shares on the Main Board of The Stock Exchange of Hong …

HKTDC launches GoGBA Day

HONG KONG, Sep 23, 2022 – (ACN Newswire via SEAPRWire.com) – The Hong Kong Trade Development Council (HKTDC) and the Guangdong-Hong Kong-Macao Greater Bay Area Development Office co-organised the inaugural GoGBA Day yesterday (22 September). This business support event aims to engage members of the international business community in Hong Kong that are currently underserved in terms of up-to-date business information on the Guangdong-Hong Kong-Macao …