Kongs

The fintech industry is expanding globally, and different countries and companies are taking distinct positions on cryptocurrency. Hong Kong and China, for instance, are on opposite sides of the spectrum, leading to widespread discussions on the topic in the crypto world. Despite China’s ban on cryptocurrency that has been in place since 2011, Hong Kong recently declared its intention to become the world’s crypto center and is investing $100 million in cryptocurrency firms. This development is particularly beneficial for…

Hong Kong's CK Hutchison Holdings is aiming to raise at least $1 billion in a two tranche dollar bond deal, according to two people with direct knowledge of the matter. The people spoke on condition of anonymity as the information is not yet public. CK Hutchison has mandated seven investment banks ahead of a potential deal, according to a term sheet seen by Reuters that did not give details on the amount it was looking to raise. The ports-to-telecoms conglomerate owned by billionaire Li Ka-shing is considering issuing 5-…

In light of China's reopening and easing of Covid rules, Hong Kong's property market will be on a path to recovery in 2023, according to property consultancy Colliers Hong Kong.  The retail market in particular will reap the "best benefit," Hannah Jeong, Colliers' head of valuation and advisory services, told CNBC's "Squawk Box Asia" on Thursday.However, there are still some potential headwinds this year that may undercut Hong Kong's recovery, Colliers said in its latest report. Those include continued geopolitical…

Kiddy Kong is the newest obscure character to hype up fans following the release of the second trailer for The Super Mario Bros. Movie. In a scene from the trailer in which Chris Pratt’s Mario is leading the pack in a Kart race on Rainbow Road, fans were quick to point out the shimmering shades of Funky Kong in the background. In that same scene, gaming fanatics were also convinced Kiddy Kong made a brief cameo, the little cousin of Dixie Kong who has not been a playable character in a videogame since the 1990s. The…

As technology evolves, so does society, shaping itself around those new advancements. The automobile changed the layout of cities (maybe for the worse) and television changed household dynamics, but the smartphone promises to shake things up even more. In Hong Kong, in order to stop distracted phone users from stepping out into dangerous traffic, the city is experimenting with redesigned traffic lights.The problem facing Hong Kong, and presumably every city around the world with a smartphone-carrying population, is how…

HONG KONG—A much anticipated new runway opened for commercial flights in Hong Kong on Friday, part of a yearslong infrastructure revamp that the government said would be vital to the city’s future as a global trade and finance hub. But that was before the Covid-19 pandemic decimated world supply chains and led Hong Kong to isolate itself behind a wall of travel restrictions. Hong Kong carrier Cathay Pacific Airways Ltd. CPCAY 1.68% ’s Boeing…

A little over a year after the release of Godzilla vs. Kong, the MonsterVerse is gearing up to continue on several fronts. Among the franchise’s upcoming projects is its fifth cinematic entry, i.e. the Godzilla vs. Kong sequel. While we’re still in the dark on the circumstances that will lead to the towering reptile and gigantic gorilla colliding again, the next MonsterVerse movie has taken a Titans-sized step forward by scoring a release date.If you’re looking to return to the MonsterVerse specifically in a theatrical…