Here we go again. The Hong Kong dollar is under attack from speculators. Like past attempts, this latest assault is based on a misunderstanding of Hong Kong’s political, economic and exchange ...
Hong Kong GDP falls 4.5% in third quarter as government expects over HK$100bn deficit, financial chief says
Hong Kong’s gross domestic product fell by 4.5 per cent in the third quarter after accounting for inflation, the city’s financial chief has said. The government is also expected to see a deficit of ...
Vigilant Hong Kong bank worker foils ‘guess-who-I-am’ phone scam, saving HK$200,000 in potential losses for victim
Scam victim, 85, had already lost HK$100,000 in earlier part of ruse, with suspect arrested after returning to collect extra money on second run Trickster pretended to be son of elderly couple, ...
DLA Piper Adds Second HK Banking Lawyer From Linklaters This Year
This is also the third partner-level hire for the firm’s Asia Finance, projects and restructuring practice in Hong Kong.
China ETFs fall despite surging stocks in Hong Kong after reports Chinese COVID restrictions are easing
Shares of exchange-traded funds that buy Chinese stocks slip in late afternoon trading Monday, falling after the Hang Seng index in Hong Kong rallied 4.5% ...
Hong Kong secondary schools hit by falling enrolments can raise quality through smaller class size, council chief says
Having classes of 25 to 27 students will be 'effective for group discussions and presentations' Council suggests attracting mainland Chinese students as trend of falling enrolments will persist Hong ...
How FTX used Hong Kong cash-for-crypto shop to turbocharge growth
Genesis Block helped Sam Bankman-Fried’s group access hard cash and onboard wealthy clients FTX founder Sam Bankman-Fried, with Alameda Research chief executive Caroline Ellison, and FTX co-founder ...
Hong Kong unveils development roadmap for insurance sector
The government of Hong Kong Special Administrative Region (HKSAR) has announced a development roadmap for the insurance sector, which seeks to strengthen the city’s role as a global risk management ...
BOC charges importer with misdeclaration
The Bureau of Customs (BOC) on Monday said it would file charges against the alleged importer of P63 million worth of smuggled frozen goods from Hong Kong and China. The BOC said Victory JM Enterprise ...
Hong Kong moves to decolonise by striking British laws and references from the statutes
The government in Hong Kong has moved to “decolonise” by striking all British laws from the stature books. According to the South China Morning Post on Monday, December 5 the former colony will also ...
Agency cracks down on sham Hong Kong investments used for immigration bids
An increasing number of Hong Kongers emigrated after the introduction of Hong Kong’s National Security Law in 2020, and many chose Taiwan as a destination. The National Immigration Agency’s (NIA) ...
EPiC Elevator Pitch Competition 2023: expand your startup footprints into Asia
EPiC is a unique, worldwide competition for global startups to expand their footprints into Asia, with Hong Kong as your best springboard.
Early-stage startups show mixed feelings about Hong Kong’s Web 3 ambition
Virtual assets, cryptocurrency, Web 3, and NFT have been hot-button issues during Hong Kong Fintech Week in early November. Also on October 31, the city issued a policy statement on the “Development ...
Hong Kong businesses invited to expand investment in Indonesia
Indonesian Ambassador to China Djauhari Oratmangun has invited Hong Kong investors to expand their businesses in Indonesia. "Come to and ...