The HKMA plans to replace the term ‘virtual bank’ with ‘licensed digital bank’ in reference to the city’s eight branchless lenders to remove negative connotations associated with the term in Chinese.
Hong Kong Exchange Fund reports US$7 billion gain in first quarter thanks to rise in overseas stock investments
Hong Kong’s Exchange Fund, the war chest used to defend the local currency, continued its comeback in the first quarter, posting a return of HK$54.3 billion (US$7 billion) as rising overseas stock ...
Hong Kong stocks continue gains at opening
Hong Kong stocks edged up at the opening on Monday, pushing gains into a tenth successive day, while mainland markets rallied as they returned from ...
Hong Kong should celebrate its common law, to boost trust in the city
Protecting the city’s distinct advantages calls for leaders to promote the importance of the common law system, and impress on Beijing the urgent need for Chinese officials, here and on the mainland, ...
Hong Kong’s Clear Water Bay Road fully reopens after landslide forced lane closure amid weekend downpour
City recorded first red rainstorm warning this year over weekend, with eastern areas hit hardest and 15 landslides logged.
Casino mogul Stanley Ho and first wife’s Hong Kong mansion listed for sale at $383M
The Hong Kong mansion where the late casino tycoon Stanley Ho lived with his first wife Clementina Leitão has been put on the market for HK$3 billion (US$383 million).
Hong Kong’s moribund IPO market seen revived by deals from innovative, ‘unbelievably huge’ China companies: Citi
Hong Kong’s IPO market is healing and investors are returning, drawn by a generation of innovative, little-known companies that will also provide a rich vein of investment banking business for years ...
‘I don’t know what to do’: Hong Kong cleaners confused, overwhelmed by duty to monitor waste-charging scheme
Frontline workers in residential buildings expected to monitor rubbish, but it is unclear if they will be penalised for trash that is not in government-approved bags.
‘Dangerous’: Hong Kong rainstorm warning ignored as football Premier League turns farcical, with title race marred
The Hong Kong Premier League plunged into farce over the weekend, with football bosses condemned for the decision to ignore freak weather and proceed with fixtures that helped to decide the ...
Hong Kong baby ‘Little Suet-yee’ has ‘irreversible’ brain damage after alleged abuse by babysitter, mother says amid ‘living hell’
Mother says brain damage has permanently affected baby’s learning ability, cognition and senses, with doctors having to remove part of skull to release pressure.
International Baccalaureate exams body to probe leaks after finding evidence of cheating; Hong Kong pupils among global chorus of outrage
Small number of pupils have engaged in ‘time zone cheating’ and practice not widespread, IB says, although Post finds papers downloaded over 45,000 times.
Hong Kong and Shanghai Sign Agreements That Could Pay Dividends for Law Firms in China’s Two Financial Hubs
The legal sector looks to be one of the main beneficiaries of The Sixth Plenary Session of the Hong Kong/Shanghai Cooperation Conference held at the end of last month. Potential new opportunities are ...
Argentine G1 winner claims Hong Kong G3
A Group 1 winner over 2000m in Argentina as a three-year-old in 2021 when he raced as Zodiacal, La City Blanche reprised his best form with a stout display to deny Five G Patch by a neck with ...
Change in holiday habits sees budget travel to Hong Kong increase as mainland Chinese visitors opt for cross-border commutes for ‘golden week’
One mainland couple opted to stay in Futian on ‘golden week’ break and commute daily across the border to Hong Kong to save cash.