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Month: February 2024

Posted on 05/02/2024

FSS officials to visit Hong Kong in short selling probe

South Korean financial regulators are set to collaborate with their counterparts in Hong Kong as part of its ongoing investigation into illegal short selling involving Hong Kong-based companies. The ...

Posted on 05/02/2024

Hong Kong’s Freedoms: What China Promised and How It’s Cracking Down

China pledged to preserve much of what makes Hong Kong unique when the former British colony was handed over in 1997. Beijing said it would give Hong Kong fifty years to keep its capitalist system ...

Posted on 05/02/2024

Hong Kong Techathon+ 2024 Successfully Concluded

Nearly 1,500 innovation and technology talents competing for top honors HK Techathon+ 2024 aims to unearth young people in Hong Kong who are passionate to get involved in startups to promote more I&T ...

Posted on 05/02/2024

Hong Kong’s MTR Lab eyes investment opportunities in property tech in bid to help city reach carbon neutrality by 2050

MTR Lab, a subsidiary of Hong Kong’s railway operator that invests in technology, is eyeing opportunities in property and construction innovations that are focused on sustainability and environmental, ...

Posted on 05/02/2024

Even Lionel Messi Can’t Deliver a Win for Hong Kong

The Argentina soccer star’s absence from an Inter Miami game has sparked public outrage and political fallout in Hong Kong.

Posted on 05/02/2024

Hong Kong tax revenue could expand by US$1.28 billion under global minimum levy for corporations, official says

Several hundred large multinational companies will be affected by the new tax rule, Commissioner of Inland Revenue says Tam Pai-pang said the government will put forward a new law to implement the tax ...

Posted on 05/02/2024

Hong Kong officials demand answers for Lionel Messi no-show

The Hong Kong government’s repeated requests for Lionel Messi to play in a sell-out soccer match went unanswered Sunday, a city official said, as cheers turned to jeers for the Argentine soccer legend ...

Posted on 05/02/2024

Hong Kong fans furious after Messi sits out match; government may cut funding support

The South China Morning Post called it the "greatest let-down of all time" after the Argentine superstar stayed on the bench for the whole 90 minutes.

Posted on 05/02/2024

Hong Kong stocks start week on downbeat note as lack of solid government support measures and geopolitical risks weigh

The China Securities Regulatory Commission pledged to rein in wild fluctuations in the stock market, but was mum on how it intends to revive investor confidence The Hang Seng Index fell 0.2 per cent ...

Posted on 05/02/2024

A company lost $25 million after an employee was tricked by deepfakes of his coworkers on a video call: police

Scammers made off with about $25 million after they used deepfake technology to trick an employee at the Hong Kong branch of a multinational company, local media reported on Sunday, citing the city's ...

Posted on 05/02/2024

Deepfake video scam: Hong Kong based company lost USD 25.6 million over video conference call

The company employees in the call looked and sounded like real people the targeted employee recognised. They followed instructions given during the meeting and made 15 transfers totalling HK$200 ...

Posted on 05/02/2024

Deepfake CFO tricks Hong Kong biz out of $25 million

Recordings of past vidchats suspected as source of fakery – so there's another class of data you need to lock down ...

Posted on 05/02/2024

Hong Kong government asks for explanation and fans are angry about not seeing injured Messi play

Hong Kong’s sports minister has reiterated the government’s call for an explanation from the organizer of a soccer match between Inter Miami and a local team following widespread disappointment over ...

Posted on 05/02/2024

HKMA says it regularly reviews mortgage stress tests

The Hong Kong Monetary Authority (HKMA) on Monday said it reviews the market regularly to see if it needs to ease stress test requirements for ...

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