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Month: June 2024

Posted on 02/06/2024

Sunlit Sky: Hong Kong Police Crack Down on Money Laundering Syndicate: 67 Arrested

In a significant crackdown on financial crimes, Hong Kong police have arrested 67 individuals involved in a money laundering syndicate. Operation Sunlit Sky revealed an alarming trend of targeting non ...

Posted on 02/06/2024

University of Hong Kong reports suspected admissions fraud

Business School has notified the police of suspected student admissions fraud after conducting its own investigation following previous claims that surfaced on social media.

Posted on 02/06/2024

Spa-like bathroom, gym room, rooftop oasis – outdated Hong Kong village house has a major overhaul

Having rented the 2,250 sq ft Sai Kung house they eventually bought, a couple knew how they wanted it overhauled. They have a home gym, spacious bathroom, stylish laundry room and tranquil rooftop ...

Posted on 02/06/2024

Hong Kong police seize counterfeit banknotes with face value of HK$2.55 million, advise public to be on alert

Fake notes are 'poorly made and easy to spot', with HK$1,000 ones most common counterfeits seized Cryptocurrency exchange victims report big losses, but crooks also target convenience stores and ...

Posted on 02/06/2024

How crypto can help restore Hong Kong’s financial glory

As more financial regulators embrace fintech, Hong Kong is playing a pioneering role in launching digital asset exchange-traded funds. The city’s reasonable approach to regulation and innovation can a ...

Posted on 01/06/2024

US remains critical source of funds and start-ups for Hong Kong, head of InvestHK says

Director general Alpha Lau tells Post during California trip some American tech companies expressed interest in investment opportunities in Greater Bay Area.

Posted on 01/06/2024

Hong Kong police arrest 67 over stooge accounts for money laundering, warn criminals recruiting more domestic helpers, other non-locals

Police warn that non-ethnic-Chinese residents are increasingly being targeted by criminal syndicates to share bank account details Some domestic helpers are acting as middlemen for scammers, ...

Posted on 01/06/2024

No questions on Hong Kong national security from US firms but financial hub status top of mind, Paul Chan says on California trip

Finance chief wraps up US trip, expressing confidence that 'candid exchanges' with businesses helped improve 'mutual understanding' He says top concerns among officials and executives he met included ...

Posted on 01/06/2024

Desi startups head home as market booms

A growing number of Indian-origin companies are 'reverse flipping' - shifting their domicile back to India from overseas because of attractive stock m ...

Posted on 01/06/2024

Crosby Textor advised pro-Beijing HK officials

Australian political consultancy Crosby Textor advised pro-Beijing officials in Hong Kong on how to smooth the way for the start of national security laws that dramatically curtailed free speech.

Posted on 01/06/2024

Brokers’ Digest: Singtel, Prime US REIT, CDL, LHN, Hongkong Land, Fu Yu Corp, Sheng Siong, Cromwell European REIT

Prime US REIT has cleared the first major hurdle in its turnaround bid, says RHB Bank Singapore analyst Vijay Natarajan, with the divestment of One Town Center (OTC) in Boca Raton, Florida, albeit at ...

Posted on 01/06/2024

US Plans to Impose New Visa Restrictions on Chinese and Hong Kong Officials After Security Verdicts

The United States has expressed its deep concerns about the convictions of 14 pro-democracy activists in Hong Kong under a Beijing-imposed national security law ...

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