Hong Kong

Flowers, pattern-mixing, sportswear triumph at London Fashion Week

Designers took inspiration from nature, sportswear and eclectic pattern mixes for their London Fashion Week collections, offering an array of glamorous gowns and sleek casualwear heavy with hand-crafted details.

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Li Ka-shing sets new course for $200 billion aircraft leasing market

Asia's richest man, Li Ka-shing, aims to buy his way into the global aircraft leasing business as his flagship investment firm holds talks with lessors on building a portfolio of planes, people with direct knowledge of the matter said.

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Harvard receives largest-ever gift, $350 million for public health

Harvard University has received the largest donation in its history, the school announced on Monday: $350 million from the Morningside Foundation to the School of Public Health.

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China posts record trade surplus, but domestic economy may lag

China's buoyant exports pushed its trade surplus to a record in July, fuelling optimism global demand will help counter pressure on the domestic economy from a weakening property sector.

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New York food delivery site Delivery.com launches in Hong Kong

New York City, US-based online food ordering and delivery site Delivery.com launched in Hong Kong to take advantage of the lucrative food market and the busy corporate environment of the Asian country.

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Australian payments app Aston Club takes home $1.5M in seed funding

Melbourne, Australia-based payments startup Aston Club took home $1.5 million in its seed funding round led by Chris Morris of Computershare to launch a mobile app that helps users pay their bar and restaurant bills.

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Domain Elite invests $6.5M to bring SMART Medical Systems' endoscopy products to China

American venture capital firm Domain Elite invested $6.5 million in Israeli endoscopy and colonoscopy products maker SMART Medical Systems to bring the latter's products to meet the demand for the said products in Greater China.

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HS Group to invest in new Hong Kong hedge fund Pleiad

HS Group Ltd (HSG) will invest an undisclosed amount in Pleiad Investment Advisors, a new hedge fund in Hong Kong formed by former Soros Fund Management executives Kenneth Lee and Michael Yoshino, which will be launched in the third quarter of 2014.

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EmergeVest picks up controlling stake in UK chilled food distributor NFT

Hong Kong-based private equity firm EmergeVest picked up a controlling stake in Derbyshire, UK-based chilled and frozen food distributor NFT Distribution Operations for an undisclosed amount to expand its sales.

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Malaysian startup Supahands wants to provide virtual assistants to Southeast Asian clients

Kuala Lumpur, Malaysia-based outsourcing startup Supahands wants to help Southeast Asian clients save time and gain focus for more important tasks by providing them with multi-lingual and home-based virtual assistants who can do various tasks for them.

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Singaporean hotel booking app In2Nite raises $2.8M in funding for Asian expansion

Singapore City, Singapore-based same-day hotel booking app In2Nite raised $2.8M in a venture round led by IDG Ventures and other undisclosed investors to expand its reach across the Asian market.

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China Haidian acquires London-based Swiss watch seller Dreyfuss in all-share deal

Kowloon, Hong Kong-based investment firm China Haidian Holdings Ltd acquired London, UK-based Swiss watch retailer The Dreyfuss Group in an all-share deal that will see the Dreyfuss brands expand into Asia.

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Viddsee launches new site to promote Asian indie films on social network

Online video platform Viddsee launched its new site Viddsee BUZZ to promote independent films from Hong Kong, Japan, Singapore, Malaysia, Cambodia, Thailand, and the Philippines on social media and help them go viral.

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Chinese cosmetics retailer JuMei to raise $400M in US IPO

Beijing, China-based online cosmetics and perfume retailer JuMei filed for an initial public offering (IPO) in the US to raise $400 million, based in a document filed with the US Securities and Exchange Commission.

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JP Mogran, HSBC and Merill Lynch offer bridge loan to Singapore's OCBC

Three banks have offered a bridge loan for the acquisition of Singapore's Overseas-Chinese Banking Corp Ltd. over Wing Hang Bank, reported Reuters citing sources familiar with the matter.

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