Hong Kong’s funds industry is calling for a profit tax exemption for private credit assets, as the city is failing to attract a booming business and is losing out to Singapore because of its existing ...
It’s ‘a losing battle’ against abandoned fishing nets but he’s fighting anyway: meet Hong Kong’s ‘ghost net hunter’
Harry Chan is known as Hong Kong's 'ghost net hunter' for his work clearing the city's waterways of 'ghost nets' - fishing nets that have been abandoned He reveals why his parents almost sold him as a ...
Hong Kong budget to offer incentives to turn city into green maritime hub, source says
With fourth deficit in five years being estimated to be over HK$100 billion, Chan expected to deliver measures to boost income, cut expenditures and develop new industries Government also plans to ...
How Hong Kong’s Richest Billionaires Made Their Money
Buoyed by an uptick in tourism and consumption, Hong Kong’s economy grew an estimated 3.2% in 2023. Even so the post-pandemic recovery has been slower than expected amid a stagnant property sector and ...
Shein considering London IPO amid US resistance to listing
HONG KONG - Fast-fashion company Shein is considering the possibility of switching its initial public offering (IPO) to London from New York because of hurdles to the listing in the United States, ...
Restructuring specialists boost Hong Kong staff as China property crisis stokes demand
Alvarez & Marsal, which saw two of its managing directors appointed last month by a Hong Kong court to liquidate property giant China Evergrande Group, said its China business had about 260 staff as ...
HK Green Week: Hong Kong primed to lead region in green technology development
The Hong Kong Green Week, which began on Monday, is expected to attract some 5,000 attendees from dozens of jurisdictions A series of sustainability-themed discussions, exhibitions and events will be ...
Number of sacked Hong Kong civil servants triples in 6 years, with government pointing to stricter handling of misconduct cases as main reason
The number of Hong Kong civil servants fired from their jobs has nearly tripled over the past six years, with authorities mainly attributing the increase to the stricter handling of serious misconduct ...
Hong Kong flag carrier Cathay Pacific hires 200 cadet pilots from mainland China, but flight crew union says airline can only cope with reduced operations
Hong Kong Aircrew Officers Association says new hires not enough to get Cathay back to pre-pandemic service levels Airline says it is focused on Hong Kong hiring, but it was 'difficult' for residents ...
Hong Kong crypto exchanges face regulatory deadline and scandals
As the deadline looms for cryptocurrency exchanges in Hong Kong to obtain the necessary licensing, the industry is under intense scrutiny following a series of scandals and regulatory actions. ...
Hong Kong Consults on Proposed Regulations to Prudential Treatment of Cryptoasset Exposures
This blog post summarises the proposed regulations set out in the Consultation Paper as well as next steps for banks, known in Hong Kong as authorised institutions (AI). The HKMA is a member of the ...
Wall Street gets its biggest investment-banking shakeup in years. Here are the key players making moves.
In addition, Filippo Gori — who has been with the bank since 1999 and is relocating from Hong Kong to London as part of the announcement — will become the bank's new CEO of Europe, the Middle East, ...
I stayed at the Regent Hong Kong, a 5-star waterfront hotel where rooms start at $600 a night
The Regent Hong Kong is a newly renovated five-star hotel with waterfront views, luxurious high-end restaurants, and impressive amenities.
Beijing attaches ‘great importance’ to Hong Kong as country’s global financial hub, Xia Baolong tells local regulators
Treasury minister Christopher Hui says Xia Baolong, Beijing’s point man for Hong Kong affairs, also called for greater focus on city’s offshore renminbi market.