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Month: May 2024

Posted on 02/05/2024

Hong Kong virtual lender ZA Bank eyes retail services for digital assets as new regulations come into effect in June

Hong Kong's largest virtual bank is preparing to introduce virtual asset trading services for retail investors, CEO Ronald Iu says SFC will roll out the new regulatory regime for digital asset trading ...

Posted on 02/05/2024

Hong Kong’s Stock Rally Faces Test With China Inflows on Pause

One of the chief buying forces behind Hong Kong’s world-beating rally is out of action for the next few days, likely leaving the market without a crucial pillar of support.

Posted on 02/05/2024

Hong Kong occupational therapists call for training, guidelines over proposed child abuse reporting system

Professionals need help to understand responsibilities under bill being scrutinised in legislature, Chloe Mo Sung-yu of Hong Kong Occupational Therapist Association says.

Posted on 02/05/2024

Hong Kong welcomes more than 173,000 mainland Chinese visitors on first day of ‘golden week’ break

Nearly 140,000 mainland Chinese visitors crossed into Hong Kong on Wednesday, as the city prepared a wide range of activities and attractions to kick start the Labour Day “golden week” holiday. Data ...

Posted on 02/05/2024

Was it raining hailstones or cotton in Hong Kong? Observatory investigates claims

Several videos circulating online show white pellets dancing in the sky in Yuen Long at around 9.30pm on Tuesday.

Posted on 02/05/2024

China tensions bubble up as HSBC seeks its next boss

HSBC, known in banking circles as “Honkers and Shankers”, is well-acquainted with geopolitical scrutiny. Formed as the Hong Kong Shanghai Banking Corporation in 1865 when the territory was still a ...

Posted on 02/05/2024

HSBC investors demand greater focus on Asia under new boss

However, Asian people are still underrepresented in the upper echelons of the bank. Only a small proportion of HSBC’s current executives are from Asia. David Liao, the co-head of HSBC’s Asia-Pacific ...

Posted on 02/05/2024

Swapping sirens of war in Israel for cheers and football in Hong Kong, midfielder Braunshtain’s out to resurrect career

Eastern midfielder Barak Braunshtain is resurrecting his career in the Premier League, but still hears the sirens from the early days of the war in Gaza.

Posted on 01/05/2024

Local banks and S’pore, HK police recover more than S$370k for 70-year-old man in foiled scam

SINGAPORE: The police and banks here, together with the Hong Kong police, foiled a “technical support” scam and recovered more than S$370,000 for a 70-year-old victim.

Posted on 01/05/2024

Hong Kong restaurants worry bad weather will put off mainland Chinese tourists over Labour Day ‘golden week’ break

Industry figure Simon Wong says restaurants can expect a 10 per cent drop in business against last year’s figures.

Posted on 01/05/2024

Hong Kong faces uphill battle to lure back Chinese tourists

The Lo Wu arrival hall on Hong Kong's border used to throng with visitors during mainland China's "Golden Week", but as the five-day tourism bonanza ...

Posted on 01/05/2024

More than S$370,000 recovered after banks, Singapore and Hong Kong police foil scam

The 70-year-old victim divulged his bank credentials to a scammer after being told his computer had been hacked and his bank accounts were used for illegal activities.

Posted on 01/05/2024

Hong Kong hit by around 10,000 lightning strikes overnight

Hong Kong island was the second-largest recipient of strikes, with towering residential buildings lit up by the near-constant bolts.

Posted on 01/05/2024

Hong Kong Hit By Nearly 10,000 Lighting Strikes Overnight

Hong Kong was lashed by nearly 10,000 cloud-to-ground lightning strikes from Tuesday night to Wednesday morning, according to data from the city's weather observatory. The Chinese city is accustomed ...

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