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Month: July 2023

Posted on 10/07/2023

HK financial service organisations need to be more creative

Financial services customers want more. New figures from research firm Forrester have found that half of consumers wish their bank was more proactive about giving them advice, and more than half (52 ...

Posted on 10/07/2023

Private bankers at EFG, Bank of Singapore set big targets as Hong Kong offers ‘next big leap’ in wealth management

Family offices will be 'the next big leap' for private banks using Hong Kong as a hub, Gordon Tsui of Hong Kong Securities and Investment Institute says EFG International and Bank of Singapore aim to ...

Posted on 10/07/2023

Alibaba, Tencent fuel best rally in a week in Hong Kong stocks while easier mortgage rules aid property developers

Alibaba Group and Tencent lead a rally on bets Chinese tech giants can look past regulatory hindrance to pursue growth. Developers also advance following measures to ease mortgage financing limits.

Posted on 10/07/2023

Demanding financial targets at Hong Kong firms are a major factor hindering effective cybersecurity defences, Kroll says

Accordig to the kroll survey, 48 per cent of IT security decision-makers at Hong Kong firms said overstretched financial targets were a major reason for cybersecurity mistrust.

Posted on 10/07/2023

Hong Kong Hostel Program Aimed at Tackling Housing Shortage and Political Dissent

The hostel programme, ramped up last year under pressure from Chinese President Xi Jinping, aims to tackling youth frustration with housing.

Posted on 10/07/2023

Hong Kong customs arrests man for allegedly arriving in city with cocaine worth HK$6.9 million hidden in biscuit tins

Hong Kong customs has arrested a 26-year-old man arriving from Macau and seized from his luggage about 6.3kg (14lbs) of suspected cocaine worth about HK$6.9 million (US$868,720) hidden inside four ...

Posted on 10/07/2023

Hong Kong Defends Its Hunt for Dissidents Overseas

The regime’s secretary for security responds to the Journal’s editorial.

Posted on 10/07/2023

Top judge Robert French defends judges sitting on Hong Kong courts despite Beijing crackdown

Former High Court chief justice Robert French has defended Australian judges on Hong Kong’s highest court who are facing pressure to reconsider their position because of China’s erosion of the rule of ...

Posted on 10/07/2023

For Hong Kong’s Youth, Government-Backed Hostels Offer a Smidgen of Housing Hope

Two months ago, he landed a spot at a new so-called "youth hostel", which offers rooms for young adults that are subsidised by the Hong Kong government and can be rented for up to five years. His 22 ...

Posted on 10/07/2023

Hong Kong’s Paul Chan hints at ‘goods news’ after Shanghai trip to woo top tech enterprises

Finance chief says start-ups and technology firms in Shanghai expressed enthusiasm about using Hong Kong as gateway to expand into global market 'I believe that there will be some good news in the ...

Posted on 09/07/2023

The Gloves Are Off: Hong Kong Vs. Singapore And The Fight To Lure Family Offices

Things are heating up between Hong Kong and Singapore and their efforts to attract family offices into their respective jurisdiction.

Posted on 09/07/2023

Pope Francis names 21 new cardinals, including prelates based in Hong Kong and Jerusalem.

Pope Francis has announced he has chosen 21 new cardinals, including prelates from Jerusalem and Hong Kong, places where Catholics are a small minority.

Posted on 09/07/2023

HK$1 million bounties on Hong Kong activists’ heads and crackdown on those alleged to raise funds for them ‘global warning’, Regina Ip says

Former national security chief says bounties and targeting of 'yellow economic circle' underlines commitment to protection of country She says 'yellow shops' may have gone out of business since ...

Posted on 09/07/2023

Hong Kong judges try out AI tool to speed up transcribing notes, but courts still wary about bringing in ChatGPT

Taking into account the fact that Hong Kong has yet been given the authority to use ChatGPT and its potential data security risk, the judiciary has no plan to allow judges and ...

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