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Month: June 2023

Posted on 08/06/2023

Hong Kong shares edge down in early trading

Hong Kong stocks fell at the start of trade Thursday following a broadly negative close on Wall Street fuelled by ongoing worries about central bank ...

Posted on 08/06/2023

‘Big Ass No’: Hong Kong Trading Not a Sign China Is Warming Up to Crypto

Hong Kong greenlighting digital asset trading for retail investors does not necessarily mean China will follow suit, according to Sean Lee.

Posted on 08/06/2023

New York overtakes Hong Kong as the most expensive city in the world for expats, new survey shows

Nearly all Asian locations surveyed fell in rankings, indicating that expats will find living in Asia "relatively cheaper," said ECA International.

Posted on 08/06/2023

Exclusive: Lawmakers slam US intent to invite sanctioned Hong Kong leader for APEC

Democratic and Republican U.S. lawmakers on Wednesday urged the State Department to bar Hong Kong's chief executive, who faces U.S. sanctions, from visiting San Francisco during November's ...

Posted on 08/06/2023

Hang Seng Bank and Qianhai joint-venture mutual fund to launch 2 fixed-income products to tap cross-border opportunities in China

Hang Seng Qianhai Fund Management, a joint-venture of Hang Seng Bank and local authorities in Shenzhen Qianhai, is launching more diverse products to capture cross-border opportunities in China, ...

Posted on 08/06/2023

Hong Kong’s MTR Corp to raise fines for passengers abusing HK$2 ticket scheme for elderly; authorities to crack down on misuse

MTR Corp to boost ticket inspection as part of citywide joint enforcement operation to combat abuse, labour chief Chris Sun says.

Posted on 07/06/2023

Wanda Unit Seeking Hong Kong IPO Asked to Explain Its Business

China’s top securities regulator has asked a Dalian Wanda Group Co. Ltd. subsidiary seeking a Hong Kong IPO to provide more information about its business and its connections to shareholders. The ...

Posted on 07/06/2023

Hong Kong Asks Court to Stop Protest Anthem From Circulating Online

Efforts to ban “Glory to Hong Kong,” a song popularized during pro-democracy protests in 2019, could set up a legal battle between tech giants and Hong Kong.

Posted on 07/06/2023

Chinese communist party ‘accessed Hong Kong protesters’ TikTok data’

Ruling party accessed user data including Sim card ID and IP addresses, former executive alleges in legal filing ...

Posted on 07/06/2023

Former ByteDance executive says Chinese Communist Party tracked Hong Kong protesters via data

A former executive at ByteDance, the Chinese company which owns the popular short-video app TikTok, says in a legal filing that some members of the ruling Communist Party used data held by the company ...

Posted on 07/06/2023

Former ByteDance Executive Alleges Chinese Government Used ‘God Credential’ to Access User Data and Track Hong Kong Activists

The Chinese government accessed user data using a superuser credential—or “god credential”—alleges a former ByteDance executive.

Posted on 07/06/2023

China property liquidation risk heightened by delisting threat, says S&P

Some of China's distressed property developers face the risk of being delisted, which would reduce their options for restructuring and make them more vulnerable to liquidation, S&P Global Ratings said ...

Posted on 07/06/2023

Hong Kong police arrest former district councillor for collecting money from elderly victim of ‘guess-who-I-am’ scam

Wong Chun-yeung, 28, former Islands district councillor from the opposition camp, was arrested in Tseung Kwan O on Monday after an investigation found he had collected HK$300,000 from a 90-year-old ...

Posted on 07/06/2023

Hong Kong virtual bank Ping An OneConnect to expand lending to retail SMEs to capture post-Covid growth opportunities, CEO says

Ping An OneConnect Bank, the Hong Kong virtual lender indirectly owned by Ping An Insurance, plans to increase lending to SMEs in the retail sector to capture growth opportunities in the post-Covid-19 ...

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