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Month: September 2023

Posted on 07/09/2023

Hong Kong tech hub Cyberport alerts police, privacy watchdog after reports of ransomware attack exposing 400GB of data

Hong Kong tech hub Cyberport has alerted police and the city’s privacy watchdog about a cybersecurity breach after a ransomware group reportedly claimed it had gained access to more than 400GB of ...

Posted on 07/09/2023

LGBTQ rights in Hong Kong: legal milestones in the long battle for equality

For decades, members of LGBTQ community have fought policies restricting sex, marriage and after-death arrangements.

Posted on 07/09/2023

Emirates boosts services to Hong Kong with third daily flight from November

Emirates has announced a third daily flight to Hong Kong, starting from 1 November. The additional flight, operated by a Boeing 777-300ER

Posted on 07/09/2023

“Airwallex for Startups” Launches in Hong Kong to Assist Firms with Business Operations

Airwallex, a global payments and financial platform for modern businesses, today announced the launch of “Airwallex for Startups.” ...

Posted on 07/09/2023

Philippines’ Jollibee to acquire majority share in its Hong Kong franchisee

In a disclosure, JFC said the remaining 40% will still be held by Meko’s shareholders. “Hong Kong is an important market for Jollibee and an important part of JFC China’s strategy to elevate the ...

Posted on 07/09/2023

Hong Kong’s top court urges government to create ‘legal recognition’ for same-sex relationships

Hong Kong’s top court has urged the government to create an alternative framework for same-sex relationships to be legally recognized. The final appellate court's ruling: The Court of Final Appeal’s ...

Posted on 07/09/2023

mm2 Asia invests HK$19 million in Unipact to expand concert business in Asia

MAINBOARD-LISTED mm2 Asia has subscribed HK$19 million (S$3.3 million) of exchangeable bonds issued by Hong Kong concert organiser Unipact Entertainment and Productions to enhance its live ...

Posted on 07/09/2023

Hong Kong Urban Renewal Authority’s HK$3.5 billion deficit revives calls to revise compensation for old flats, engage private sector

Many agree the current compensation rate, equal to the price of a comparable seven-year-old flat, needs changing As the number of old private buildings rises, some suggest incentives to draw private ...

Posted on 07/09/2023

HKEX opens London office, with 31-degree weather and a Hong Kong taxi in tow

London is the latest international office opened by Hong Kong Exchanges and Clearing (HKEX) as it seeks to expand its global footprint.

Posted on 07/09/2023

Hong Kong court denies 4 university students’ appeals of 2019 protest convictions and sentences

Four Hong Kong university students attempted to file an appeal overturning their riot convictions and sentences on Tuesday. However, the Hong Kong Court of Appeal unanimously refused to grant them leave to appeal on the same day. Judge Derek Pang Wai ...

Posted on 07/09/2023

Understanding HSBC Holdings plc (HKEX: 5): Asia’s Local Bank

Today, HSBC has its primary stock market listing in London but has a branch listing in Hong Kong. HSBC’s Hong Kong shares are also important given the company is the third-largest constituent member ...

Posted on 07/09/2023

Hong Kong’s financial task force to host more meetings in coming days to give short-term recommendations soon to boost stock market turnover and fundraising activities …

The task force chairman Carlson Tong Ka-shing told the Post that more meetings will be held in coming days to brainstorm for ideas to bolster the market's activity Members of the task force are drawn ...

Posted on 07/09/2023

Hong Kong building authorities initiate prosecutions against 4 contractors, 4 individuals over deadly tower crane collapse in 2022

The 65-tonne tower crane crashed down on site offices on September 7, 2022, killing three workers and injuring six others.

Posted on 07/09/2023

Hong Kong retail sector must innovate to survive

Hong Kong’s retail sector is showing green shoots. Empty commercial space has fallen to a three-year low of 9 per cent in the second quarter. The hardships endured because of the pandemic may ...

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