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Month: July 2024

Posted on 31/07/2024

UK private school exodus expected on higher VAT, but experts say Hong Kong families unfazed

Consultants add the VAT roll-out is likely to be charged in phases and schools may not pass on all the tax burden to parents.

Posted on 31/07/2024

Hong Kong Police Arrest Four for Allegedly Using Fake Banknotes To Swindle $1,400,000 in Crypto: Report

Authorities in Hong Kong have arrested four people for allegedly defrauding victims out of cryptocurrency worth approximately $1.4 million using counterfeit cash.

Posted on 31/07/2024

Customs and Excise Department in Hong Kong to study AI use to tackle digital crimes

Hong Kong's Customs and Excise Department has planned to study the introduction of artificial intelligence to its computer forensic lab - a system that aims to improve efficiency in analysing evidence.

Posted on 31/07/2024

Hong Kong home prices soften for second straight month in June, easing 1.2%

HONG KONG - Hong Kong’s private home prices eased 1.2 per cent in June, the second monthly decline in a row, as more property developers launched new flats at steep discounts to boost sales.

Posted on 31/07/2024

Hong Kong Taunts Italy With Pineapple Pizza After Olympics Fencing Win

After a fencer from Hong Kong beat an Italian for a gold medal, Pizza Hut’s offer of free pineapple toppings in Hong Kong was the city’s second jab at Italy.

Posted on 31/07/2024

Hong Kong stocks tumble as Politburo balm fails to soothe, Hang Lung dives post-earnings

Hong Kong stocks were on the back foot ahead of a crucial manufacturing data announcement, Hang Lung Properties collapsing after it reported lower profits and cut dividends.

Posted on 31/07/2024

Olympics-Fencing-Pineapple pizza insults fly over Italian-Hong Kong fencing final

Hong Kong's Cheung Ka-long's win in the men's foil against Italy's Filippo Macchi 15-14 in a disputed bout has seen a barrage of insults from both sides with the Italians launching a formal complaint against the result.

Posted on 30/07/2024

Sotheby’s launches multi-use space in Hong Kong’s business district

The 24,000 sq. ft location in the city’s Landmark Chater building will host exhibitions as well as a concept store—currently featuring Banksy’s famed shredded Girl with a Balloon ...

Posted on 30/07/2024

Fencing-Pineapple pizza insults fly over Italian-Hong Kong fencing final

Hong Kong's Cheung Ka-long's win in the men's foil against Italy's Filippo Macchi 15-14 in a disputed bout has seen a barrage of insults from both sides with the Italians launching a formal complaint against the result.

Posted on 30/07/2024

Shenzhen sells biggest batch of ‘dim sum’ bonds in Hong Kong with 7-billion yuan issue

The fourth offering in the last four years, which will fund an array of infrastructure projects, brings total funds raised to US$3 billion.

Posted on 30/07/2024

HSBC Expected to Post 14% Drop in Second-Quarter Net Profit — Earnings Preview

NET PROFIT: HSBC is expected to post a 14% drop in net profit to US$5.72 billion for the three months ended June, according to a poll of analysts by Visible Alpha. That would compare with US$6.64 ...

Posted on 30/07/2024

Hong Kong beautician ‘unaware’ manager was unlicensed before botched botox jobs

Lau Lo appears in court over allegations she helped provide unlicensed botox injections to two customers in 2022 at now-closed centre.

Posted on 30/07/2024

Hong Kong: Super-connecting New Pathways to Success with Laos

HONG KONG SAR - Media OutReach Newswire - 30 July 2024 - Hong Kong is exploring new pathways to business success with the Association of Southeast Asian Nations (ASEAN), including ...

Posted on 30/07/2024

Ex-Citigroup Sales Trader Sues for 2019 Unfair Dismissal in Hong Kong

A former Citigroup Inc. trader in Hong Kong sued the bank for wrongful dismissal in 2019 as part of a saga that prompted regulators in 2022 to impose a $44.6 million fine on the US bank.

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