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June 2024: Hong Kong

Hong Kong tech in June 2024 spanned items including: developments in the city’s digital assets space, aiming to set global hub status; Hong Kong astronauts selected for a China space launch; Singapore-HK moves to address cross-border scams; HSBC China’s moves into the digital yuan; and more.

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  • Hong Kong: BeyonCa EV firm, backed by Renault and China’s Dongfeng Motor, to site international HQ and plant in HK, marking the territory’s first luxury EV brand / full item
  • City University of Hong Kong unveils 10 startup winners from the recent HK Tech 300 Southeast Asia Start-up Competition / full item
  • Hong Kong: Legislative Council rolls out Subcommittee on Web3 and Virtual Asset Development to boost digital assets industry, inviting input on policy / full item
  • HSBC China rolls out e-CNY services to corporate clients, the first foreign bank to offer services around central bank digital currency to both retail and corporate sectors / full item
  • Gov’t-owned Hong Kong Investment Corp to ink agreement with as-yet unnamed local ‘unicorn’ for industrial AI and smart manufacturing across Greater Bay Area / full item
June 2024 - Critical technologies, globally

June 2024: Critical technologies, globally

  • Hong Kong: Mezzofy secures $2M with end-to-end digital coupons-as-a-service platform, simplifying issuance, campaigns, collateral and management for businesses / full item
  • Seoul Metro Gov’t foreign investment agency to host ‘Seoul Forward, Your Next Business Destination’ conference in Hong Kong on June 11th, looking to draw HK firms and startups to Korea / full item
  • OnTime AKA Ruqi Mobility, a ride-hailing firm backed by Tencent, looks to raise $179MM in IPO, with trading set for Hong Kong Stock Exchange in July / full item
  • China Manned Space Engineering Office selected 10 astronauts for 4th astronaut cohort, with Hong Kong and Macao astronauts participating for the first time / full item
  • Singapore’s Infocomm Media Dev Authority and HK’s Office of Comm’s Authority ink MOU to collaborate on combatting cross-border scams / full item
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