India, Brazil and Mexico are projected to add nearly $7 trillion in financial wealth by 2030, with the number of affluent individuals continuing to rise rapidly.
Asia takes lead: Hong Kong overtakes Switzerland as world’s largest wealth hub
One of the report's clearest trends is the growing role of emerging economies in wealth creation. Emerging markets are expected to add nearly $7 trillion in financial wealth by 2030, led by India, ...
Hong Kong considers new offshore yuan venture fund for tech, emerging industries
Initiative builds on AI and finance convergence while supporting yuan internationalisation, finance chief Paul Chan says Hong Kong is actively considering launching a new offshore renminbi venture ...
Hong Kong property recovery tested as bigger student housing deals gain traction
Hotel conversions draw institutional capital back to distressed assets as banks push disposals and financing conditions improve Hong Kong's student housing sector is entering a new phase as larger ...
‘Totally hooked’: Hong Kong targets claw machine addiction
Claw machine lover Neiki Lee carefully lowers the metal jaws of a crane with a joystick into a pool of prizes, only to have the small toy slip from its clutches again and again. "For a HK$70 toy, you ...
More Hong Kong tourists drawn to ‘mysterious’ Central Asia, travel agencies say
Tour operators are linking up with mainland Chinese who have settled in region, giving city residents new ways to explore unconventional destinations The mystique of Central Asia and its deepening ...
Hong Kong charity calls for foster carers from diverse backgrounds to ease backlog
Mother's Choice urges people of all backgrounds to step forward as 222 vulnerable children wait for temporary homes Hundreds of vulnerable children in Hong Kong are waiting for temporary homes, with a ...
Teenager Kwong rewrites Hong Kong women’s record books with historic javelin throw
Sarah Kwong becomes first woman from city to break the 50m barrier during Asian Under-20 Athletics Championships Sarah Kwong Sze-oi made history on Saturday by becoming the first Hong Kong woman to ...
Hong Kong must remove bottlenecks to grow yacht economy, industry leaders say
Call comes after Beijing eases restrictions on yachts from Hong Kong and Macau entering mainland cities in Greater Bay Area Hong Kong should urgently address its bottlenecks in developing a yacht ...
Hong Kong to curb flavoured tobacco in next phase of controls: health chief
Health minister says ‘poisoned chalice’ of flavoured e-cigarettes uses sugar-coated toxins to mask bitter taste and hook younger people.
2 soccer players and a betting agent receive prison terms for match-fixing in Hong Kong
HONG KONG (AP) — A Hong Kong court has sentenced two soccer players and a betting agent to up to 17 months in prison for bribery, match-fixing and illegal gambling in a prominent sports scandal. The ...
Hong Kong FA Cup: Tai Po boss open to new opportunities after final victory
Lee Chi-kin leads club to second trophy of campaign following 2-1 win over Eastern District, keen to explore chances abroad Tai Po head coach Lee Chi-kin said he would like to explore opportunities ...
Hong Kong cross-border car scheme to Guangdong extended to 2031
Mainland authorities confirm extension to Hong Kong-Zhuhai-Macau Bridge scheme, citing strong demand and millions of cross-border journeys since 2023 launch The popular northbound cross-border scheme ...
Chip boom powers Hong Kong stock exchange at 40. Innovation, resilience set next stage
US$6.1 trillion exchange marks its 40th year amid fierce global competition, as brokers see challenges sparking opportunities Stepping into the former trading hall in Exchange Square on Thursday was ...