The Covid-19 pandemic forced 151 gyms in Hong Kong to close last year, but 365 opened, with operators taking advantage of cheaper rents and catering to a surge in fitness enthusiasts in the city. A ... ( read original story ...)
Hong Kong begins discussions to introduce stablecoin regulatory framework
HKMA’s “Discussion Paper on Crypto-assets and Stablecoins” highlights the explosive growth of the stablecoin market in terms of market capitalization since 2020 and the concurrent regulatory ... ( read original story ...)
Why Asia must reject the Western economic model, and Amazon’s ‘broken system’ – a sustainability leader speaks
Chandran Nair, founder of Hong Kong think tank the Global Institute For Tomorrow, opened the first environmental consulting firms in a number of Asian countries He tells Kate Whitehead Asia needs to ... ( read original story ...)
Hong Kong buyers of NFTs are ripe targets for hackers, scammers amid growing popularity of crypto projects, dearth of regulation
The past year saw an international boom in NFTs, the total value of which exceeded US$40 billion, but criminal activity has also increased in this sector. ( read original story ...)
Henderson prices flats at The Harmonie, Hong Kong’s first residential project this year, lower than The Vertex launched two years ago
The prices of flats at The Harmonie in Cheung Sha Wan are 4.2 per cent lower than The Vertex, which was launched in December 2019. ( read original story ...)
Hong Kong’s first carbon-focused fund eyes investments in projects to improve China’s climate-change ratings
Hong Kong’s sole household piped-gas supplier is launching a carbon-focused fund to extend its reach into the “smart energy” business. It will seek to invest in projects that aim to cut carbon ... ( read original story ...)
Cooling measures: Hong Kong couple still willing to pay nearly $1m in stamp duty for S’pore condo
SINGAPORE - The new property cooling measures took property agent Jaeson Lin's foreign clients by surprise but they decided to bite the bullet and buy their new apartment. . Read more at straitstimes. ( read original story ...)
Hong Kong school closure: zero-Covid goal is not worth the damage to children’s learning and long-term economic growth
A McKinsey study of US students ... learning to live with the virus and prioritise learning will fare better. Hong Kong ought to be in the latter category by any rational measure, including ... ( read original story ...)
With Hong Kong’s future as Asia’s leading business hub at stake, where’s the Covid-19 rescue plan?
The travel and tourism sector is bleeding worldwide, but as a home for global business, Hong Kong has been hit especially hard Given the gravity of the challenges, it is counterproductive for our ... ( read original story ...)
Coronavirus: struggling Hong Kong firms left ‘speechless’ by ‘peanuts’ HK$3.5 billion aid package
Industry players say subsidies insufficient to cover losses and operational costs, hope for curbs to be lifted as soon as possible Extended social distancing rules mean business will miss out on ... ( read original story ...)
Hong Kong to suspend flight transits from over 100 countries, regions due to Omicron variant
Passengers are seen at the Hong Kong International Airport in Hong Kong, south China, March 10, 2020. (Xinhua/Lui Siu Wai) Passengers who have stayed in high-risk Group A specified places in the past ... ( read original story ...)
Alibaba, JD.com Investors Boost Shift to Hong Kong’s Market
Some of the biggest Chinese tech firms are seeing investors boost their proportion of Hong Kong-traded shares away from American Depository Receipts, as tougher U.S. regulatory oversight and elevated ... ( read original story ...)
Longfor Joins Peers With Spinoff, IPO for Property Management Arm
Longfor has applied to list its property management arm in Hong Kong, following in the footsteps of many of its peers The unit, Longfor Intelligent Living, ... ( read original story ...)
Chinese spy Christine Lee is daughter of Hong Kong immigrant
Christine Lee moved with her parents to Northern Ireland in 1974 before relocating to the West Midlands in 1985 and marrying her first husband in Birmingham when she was 21. ( read original story ...)