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Month: May 2024

Posted on 28/05/2024

Financial worries major factor in Hong Kong migrant workers’ temptation to get involved in money laundering for crime gangs, expert says

Financial pressure from family at home is a major reason behind Hong Kong immigrant workers giving into temptation and opening bank accounts to help criminals launder money, NGOs who work in the ...

Posted on 28/05/2024

Hong Kong police arrest 3 after allegedly swindling 12 people out of goods worth HK$710,000 in bounced cheque scams

Fraudsters deposited bad cheques into the related accounts through automated teller machines to create the impression that the money had been transferred,’ police say.

Posted on 28/05/2024

6 arrested in Hong Kong for allegedly violating new national security law

Six people, including a former Tiananmen Square vigil organizer, were arrested for posting seditious content on social media under Hong Kong's new national security law. They allegedly used a Facebook page to publish posts targeting a "sensitive date.

Posted on 28/05/2024

Hong Kong arrests six for sedition under new security law

By James Pomfret and Jessie Pang HONG KONG (Reuters) -Hong Kong national security police arrested six people across the city on Tuesday under a new security law for alleged seditious intent, including ...

Posted on 28/05/2024

China, Hong Kong stock markets are back in favour with global investors, HKEX CEO Bonnie Chan says

Investors are growing increasingly positive on China’s long-term growth prospects but are ‘underinvested’ in the world’s second-largest economy, HKEX CEO Bonnie Chan says.

Posted on 28/05/2024

Hong Kong arrests six for social media posts in first use of new local national security law

Hong Kong police have made their first arrests under a newly passed local national security law over social media posts deemed “seditious” by authorities.

Posted on 28/05/2024

Start-up’s battery recycling solution emerges as winning idea at Hong Kong’s flagship and global Elevator Pitch Competition

Vincent Choy, co-founder and chief business development officer of Bizbaz, the winner of the fintech category, said the competition allowed his start-up to showcase what it can do and how it can help ...

Posted on 28/05/2024

Hong Kong police arrest six people under new national security law

Hong Kong's national security police arrested six people across the city on Tuesday under a newly enacted "National Security Law" known as Article 23 for alleged "incitement with intent", according to ...

Posted on 28/05/2024

Hong Kong Makes First Arrests Under New Domestic Security Law

Hong Kong’s national security police arrested six people using a new security law for the first time, days ahead of the 35th anniversary of the Tiananmen Square crackdown.

Posted on 28/05/2024

Hong Kong police arrest 3 suspects who allegedly swindled 12 people out of goods worth HK$710,000 in bounced cheque scams

Suspects posing as buyers expressed interest in items posted by victims on shopping platforms, police say 'Fraudsters deposited bad cheques into the related accounts through automated teller machines ...

Posted on 28/05/2024

Hong Kong hones in on Middle East, Indonesia to attract family offices as city steps up efforts, InvestHK says

The Middle East and Indonesia are the next targets for Hong Kong to attract family offices, but more needs to be done to bolster the city’s status as a global family office hub, according to an ...

Posted on 28/05/2024

China cashes in banking chips for tech drive

China is roping in financial blue-chips in a renewed push to achieve technological self-sufficiency. Six of the country's biggest lenders have invested in Beijing's third and largest semiconductor ...

Posted on 28/05/2024

3 charged in UK with assisting the Hong Kong intelligence service

Chi Leung Wai leaves Westminster Magistrates' Court in central London, Monday May 13, 2024. Three men have appeared in a London court on charges that they helped the Hong Kong intelligence service ...

Posted on 28/05/2024

Business-First Hong Kong Now Comes With a Catch: Beijing Politics

The city, promised some autonomy by China, is trying to move on from a security law imposed by Beijing. Companies are learning that’s not always possible.

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