Hong Kong: May 2021

Hong Kong tech news

May 2021’s Hong Kong tech headlines covered subjects including artificial intelligence in the legal system, blockchain use in carbon offsets, Future Food Asia and alternative proteins, decentralized finance and more. We’ve also included April’s headlines, to provide a wider range of items as reference, food for thought and inspiration.

The items below capture a snapshot of Hong Kong’s tech news headlines in May 2021, providing our readers with:

• an at-a-glance grasp of the month’s tech news from HK;
• insights into Hong Kong’s tech startup ecosystem; and
• instant access to the articles behind the headlines, in full.

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• Hong Kong: FormationFi closes $3.3M funding round with platform simplifying creation of decentralized finance portfolios, helps users better manage risk
• Hong Kong: A quick advance look at the upcoming StartmeupHK Festival 2021, running May 24-28
• An intro to WalletsClub, providing a Visa-like service for digital wallets, enabling money transfers possible between hundreds of electronic money services
• University of Hong Kong launches HKU AI Lawyer, and AI-driven sentencing predictor focused on drug trafficking offenses
• An intro to the 10 startups selected for the Future Food Asia Awards 2021 working on meat alternatives, food-tech, upcycling and more
• Taiwan’s JustKitchen ‘cloud kitchen’ firm to expand operations to Hong Kong, growing its hub-and-spoke model for deliveries-only food preparation

Hong Kong’s tech news in April 2021

• Dash Living co-living space operator raises $8.8M with sights set on expansion to Tokyo, Sydney and other major Asia-Pacific cities
• XELS blockchain-based carbon offset platform gains Bittrex listing for XELS token, providing tokenised voluntary carbon offset credits for individuals and companies
• TOKEN2049 crypto conference set for November 23-24, looking at global developments in cryptocurrency, blockchain and more
• Kikitrade cryptocurrency investment platform gains $8M pre-A with sights on NFT and DeFi services
• 4 e-payment providers chosen to operate city’s HK$36BN digital voucher scheme in bid to boost economic growth
• China: “The court ruled that searching for public information or access to public data is no longer allowed in Hong Kong”