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Month: June 2024

Posted on 12/06/2024

Hong Kong investment arm HKIC makes milestone move in deal with AI unicorn SmartMore

The partnership ensures the company will use Hong Kong as its base of development and make the city’s stock market its first choice for any future listing.

Posted on 12/06/2024

Hong Kong star Louis Koo sued over alleged failure to repay HK$8.3 million loan

Actor Louis Koo allegedly asked business partner Alex Dong to pay for his share in fashion joint venture as he did not have enough cash at time.

Posted on 12/06/2024

HSBC to boost stake in China fund venture to become majority owner

HSBC Holdings agreed to buy part of its partner’s stake in a China fund venture, becoming a majority shareholder and adding to its expansion in the world’s second-largest economy. HSBC, which owns a ...

Posted on 12/06/2024

Hong Kong cancels passports of six pro-democracy activists living in exile, calls them “lawless wanted criminals”

Apart from the cancellation of the "absconders'" travel documents, the government said that the six people were barred from doing any business dealings in Hong Kong, including financial transactions ...

Posted on 12/06/2024

When a Hong Kong bank executive sued dance instructors for return of fees after insult

When a dance instructor insulted his pupil, wealthy bank executive Mimi Wong, in public in 2004, she took him and his partner to court to demand the return of US$8 million in prepaid fees.

Posted on 12/06/2024

Segantii hedge fund insider trading case moved to higher court in Hong Kong

An insider trading case against Asian hedge fund Segantii Capital Management, its high-profile British founder Simon Sadler and a former trader has been moved to a higher court in Hong Kong, a local court ruled on Wednesday.

Posted on 12/06/2024

Hong Kong Earns Two Entries on the Prestigious World’s 50 Best Restaurants List with Best Entry at 20th

The two diners ranked among the top thirty in the annual heavyweight event of the global gastronomic scene. First-time winner Wing, an innovative Cantonese food restaurant, secured 20 th place on the list, while The Chairman—a repeat winner—was placed 26 th. The results were remarkable.

Posted on 12/06/2024

Cainiao surcharge waiver may enhance Hong Kong supply chain management, experts say

But city must still address lack of expertise in global sourcing and trading compliance, chairman of shipping council and academics say.

Posted on 12/06/2024

Hong Kong invokes new law to cancel passports of 6 overseas-based activists, including Nathan Law

The Hong Kong government has canceled the passports of six overseas-based activists under the new national security law, stepping up its crackdown on dissidents who moved overseas

Posted on 12/06/2024

Hong Kong will roll out freebies and discounts on dining, transport and more on July 1

A slew of Hong Kong discounts and freebies will be available as part of festivities on July 1 ranging from transport to recreation offers.

Posted on 12/06/2024

Hong Kong cancels passports of six pro-democracy activists in exile in UK

The six, including former legislator Nathan Law, are also banned from any business dealings and financial transactions.

Posted on 12/06/2024

BREAKING: Hong Kong cancels passports of 6 ‘wanted’ activists in UK, inc. Nathan Law, under new security law provision

The Hong Kong authorities have cancelled the passports of six “wanted” self-exiled activists in the UK, including Nathan Law, exercising new powers under the newly-enacted security law for the first ...

Posted on 12/06/2024

Hong Kong cancels passports of six ‘lawless’ democracy activists

The Hong Kong government said Wednesday it has cancelled the passports of six democracy activists who fled to the United Kingdom, calling them "lawless wanted criminals". The six named Wednesday -- ...

Posted on 12/06/2024

The sceptics say Hong Kong is over. China’s trajectory says otherwise

Economist Stephen Roach’s comment that “Hong Kong is over” has sparked renewed discussion about the city’s future. His views are part of a broader trend in recent years that consistently underestimates China’s potential. While these opinions are ...

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