TAIPEI, Taiwan — For decades under British rule and after its handover to China, Hong Kong was a bastion of free speech in the Chinese-speaking world. International media and rights groups established their headquarters there, and it served as a haven ... ( read original story ...)
Hong Kong Exchanges and Clearing : Exchange Updates Guidance Letter on IPO Vetting and Suitability for Listing
The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), today (Friday) published an updated Guidance Letter on IPO* Vetting and Suitability for Listing - HKEX-GL68-13A (GL68-13A). ( read original story ...)
Blockchain Motor Insurance Trial Moves Ahead in Hong Kong
The Hong Kong Federation of Insurers (HKFI), a financial industry self-regulator, is developing a blockchain powered platform for the city's motor insurance. During a speech at the HKFI's Annual Reception event, James Lau, the Secretary for Hong Kong's ... ( read original story ...)
Hearing postponed for former Hong Kong minister Patrick Ho indicted in US over US$2.9 million bribes
A hearing in the United States for former Hong Kong senior government official Patrick Ho Chi-ping has been postponed by more than six weeks as per a request filed by his lawyers and prosecuting attorneys. The pre-trial hearing initially scheduled for ... ( read original story ...)
Man dies in Hong Kong after fainting on hike
A Hong Kong hiker died after collapsing in warm weather near the Shing Mun Reservoir at midday on Saturday. The 71-year-old, surnamed Cheung, was walking along stage seven of the MacLehose Trail with friends when he fainted close to Needle Hill and the ... ( read original story ...)
Latest News Update on Hong Kong
New Delhi, April 12 : India has requested Hong Kong to arrest fugitive jeweller Nirav Modi and is awaiting for a response from the authorities there, a senior official said here on Thursday. Hong Kong [China], Apr. 11 : The Asian Development Bank (ADB) on ... ( read original story ...)
Hong Kong needs to re-position itself: China Daily (Asia) columnist
In his commentary, the writer notes that Hong Kong's traditional role is fading as the mainland opens up. HONG KONG (CHINA DAILY/ASIA NEWS NETWORK) - Hong Kong is no longer China's gateway to the rest of the world. This statement is not a negative comment ... ( read original story ...)
Hong Kong Monetary Authority buys HK$3.26 billion worth of US dollars to support local currency
Hong Kong’s de facto central bank said on Friday it had sold HK$3.26 billion (US$415.3 million) worth of US dollars in an attempt to prop up the Hong Kong dollar after it slumped to its weakest level in 35 years and breached the lower limit of its ... ( read original story ...)
HKMA intervenes as Hong Kong dollar hits weak end of trading band
HONG KONG (Reuters) - Hong Kong’s central bank intervened in the market for the first time since 2015 after its currency hit the weaker end of its trading range, nudging up a key lending rate that could push borrowing costs higher. “I reiterate that ... ( read original story ...)
Hong Kong Monetary Authority steps in to prop up currency as dollar falls to 35-year low
Hong Kong’s de facto central bank, the Hong Kong Monetary Authority (HKMA), triggered the weak-side convertibility undertaking by selling US dollars late on Thursday evening after the Hong Kong dollar deteriorated to 7.8500 per US dollar, its weakest ... ( read original story ...)
Hong Kong stocks end the week lower after monetary authority steps in to prop up currency yet again
The Hong Kong stock market ended the week lower ... “Although Stanley hasn’t been handling the business for many years, his retirement means Daisy [his eldest daughter] and Angela [his wife] will have greater power on the board and simplify its ... ( read original story ...)
Duterte apologises to Hong Kong victims of Manila hostage tragedy
Philippine President Rodrigo Duterte took Hong Kong by complete surprise on Thursday, making a full public apology for the Manila bus hostage crisis that left nine people dead nearly eight years ago. On his second visit to the city in 10 months ... ( read original story ...)
Finastra launches sandbox for fintech companies in Hong Kong
McKinsey studies show that 70% of companies are choosing corporate ... this is the first it has launched independently. Hong Kong was chosen due to the high interest in fintech among banks in the city, Coles says, adding that “the interest in is as ... ( read original story ...)
Fraudulent websites related to Hang Seng Bank, Limited
The Hong Kong Monetary Authority (HKMA) today (April 13) wishes to alert members of the public to a press release issued by Hang Seng Bank, Limited on fraudulent website, which has been reported to the HKMA. Hyperlink to the press release is available on ... ( read original story ...)