Hong Kong

Hong Kong-based events firm BUUU to buy 60% of data-center maker Brightray, move to Singapore

Nasdaq-listed BUUU Group, a Hong Kong-based events and stage-production company, will buy a 60 percent stake in Brightray Science, a maker of prefabricated modular data centers, and will relocate its headquarters to Singapore.

Citi Hong Kong to launch virtual card with dynamic CVC for online payments

Citi Hong Kong will launch a virtual credit card with a dynamic CVC for eligible Mastercard customers to add protection to online transactions.

Medtronic to invest about $700M in Hong Kong surgical robotics company Cornerstone

Medtronic plans an approximately $700 million investment in Hong Kong-based Cornerstone Robotics and will gain distribution rights for its Sentire surgical system in select approved markets.

Ant Bank, Bettr join Hong Kong regulators’ GenAI sandbox to test AI liquidity forecasting

Hong Kong-based digital bank, Ant Bank, and its embedded-finance provider, Bettr, both under Singapore's Ant International, were selected for the liquidity-risk management track of Hong Kong regulators' GenA.I. Sandbox++.

Fast-fashion retailer SHEIN targets $35–40B valuation in Hong Kong IPO on $41.8B revenue

SHEIN, a global online fashion and lifestyle company, is targeting a valuation of $35-40 billion in its planned initial public offering on the Hong Kong stock market, analysts noted.

Hong Kong, Singapore-based KPay receives in-principle approval for Singapore major payment institution licence

KPay Group, a fintech company co-headquartered in Hong Kong and Singapore, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution license, under the Payment Services Act 2019 for its Singapore subsidiary, KPay Merchant Service (Singapore).

MTR Lab, Hong Kong-Shenzhen Innovation & Technology Park launch venture program to scale startups globally

MTR Lab and Hong Kong-Shenzhen Innovation and Technology Park Limited (HSITPL) have launched a Venture Partner Program connecting high-potential startups with funding opportunities, strategic guidance, and commercial partnerships to scale across AI, new energy, new materials, microelectronics, and robotics.

Animoca Brands pilots AI agent-powered commerce with Visa in Hong Kong

Animoca Brands has completed a live pilot of AI-powered commerce capabilities developed in collaboration with Visa, enabling AI agents on its Minds platform to identify relevant Visa rewards and complete purchases on behalf of users at selected merchants in Hong Kong.

TNGlobal Tracker: Hong Kong Monthly Funding Snapshot June 2026

The Hong Kong Monthly Funding Tracker for June 2026 recorded total funding of $31.17 million across 2 rounds. This marks a 67.3 percent decrease month-on-month (May 2026: $95.3 million across 6 rounds), reflecting a quieter month after May's more active deal flow. Against the same period last year (June 2025: $0.1 million across 2 rounds), funding was up…

Hong Kong-based Animoca Brands launches $10M investment for AI agent platform

Hong Kong-based Animoca Brands will invest up to $10 million in selected early-stage projects building on its AI agent platform, known as “Minds.”