Hong Kong
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Tencent-backed streaming firm plans $500m bond issuance
Bank of America, CLSA, Deutsche Bank, Goldman Sachs, and Macquarie have been engaged to manage the bond issuance.

Hong Kong IPOs surge as AI hype fuels investor interest
Hong Kong saw 15 IPOs in Q1 2025, raising HK$17.7 billion (US$2.27 billion), its strongest start since 2021.

9gag co-founder leads Asia’s first public virtual asset hub
Ray Chan will serve as chairman and CEO, leading the company’s strategic direction with key members from 9gag.

These are the most active investors in Hong Kong’s startups
Which investors are writing the most checks to Hong Kong’s startups?

Animoca’s Yat Siu doubles down on Web3 while others pull back
The Trump coin was the biggest “vampire attack” on the Web3 community, yet Siu stands behind memecoins as a concept.

WeLab banks on SEA for growth
In The Top Up this week, we analyze WeLab’s Southeast Asian digibank ambitions and look into Bank Jago’s growth.

Xpeng launches first supercharger station in Hong Kong
Xpeng’s supercharging station offers a charging speed of up to 360 KW, surpassing Tesla’s 250 KW superchargers in the city.

WeLab Bank cracked Hong Kong. Now it’s taking on Southeast Asia
Founder Simon Loong expects profits in Indonesia and Thailand within five years of launch. It’s an uphill climb.
Hong Kong sees over 2,000 AI job openings as tech grows
AI talent demand is shifting Hong Kong’s job market, with 67% of recruiters from smart-living sectors.

Tencent’s academy empowers Hong Kong students with AI skills
The program will feature competitions and projects to help students apply their skills to address societal needs.
