The two Ant units’ move aligns with its global ambitions as other companies, including rival JD.com, line up to issue fiat-backed cryptocurrencies.
Hong Kong-based NGO China Labour Bulletin dissolves after 3 decades, cites financial strife
Hong Kong-based NGO China Labour Bulletin (CLB) has announced its decision to dissolve citing difficulties with finances and debt. In a website statement shared on Thursday, it said “the company can ...
China’s Zhejiang Sanhua plans to raise up to $1 billion in Hong Kong listing
(Reuters) -Chinese heating systems supplier Zhejiang Sanhua Intelligent Controls is aiming to raise up to HK$8.12 billion ($1.03 billion) through a Hong Kong listing, signaling that more mainland ...
New World’s Luxury Ambition Collides With Hong Kong Property Downturn
In a gentrifying neighborhood near a picturesque marina, the ambition of a troubled Hong Kong property developer is colliding with harsh economic realities. Deep Water Pavilia has all the high-end ...
Miss Hong Kong Crystal Fung sparks rift speculation with predecessor Louisa Mak after not visiting her and newborn
Miss Hong Kong 2016 Crystal Fung has sparked rumors of a falling-out with Louisa Mak, the 2015 Miss Hong Kong titleholder, after speculation arose about her not visiting Mak and her newborn.
Twice-unlucky public flat tenants to be prioritised for Hong Kong subsidised homes
Measure part of latest round of home ownership policy, which will see 2,576 flats at Kowloon Bay’s Wang Chi Court go up for grabs.
$11.2 Billion or Bust? New World’s Debt Deadline Could Rock Hong Kong’s Property Market
The urgency stems from a ticking clock on New World's existing debt covenant. Miss it, and the already distressed prope ...
Hong Kong confirmed as one of first jurisdictions targeting adoption of ISSB Standards
The Hong Kong Special Administrative Region (HKSAR) government on Thursday welcomed the publication of jurisdictional profiles by the International Financial Reporting Standards Foundation (IFRS ...
Digital Solutions the Way Forward as Financial Institutions Capitalise on Wealth Management Opportunities in Hong Kong and Singapore
When it comes to acquiring WealthTech capabilities across the value chain, institutions in Hong Kong prefer to outsource middle- and back-office functions to external vendors (21% in Hong Kong ...
FIRST LOOK at Hong Kong Disneyland 20th Anniversary Nighttime Spectacular Including Main Street Projections, Duffy Drones
This is the first Hong Kong Disneyland nighttime spectacular to include Main Street projections. It also incorporates drones, illuminated water projections, choreographed water fountains, flames, ...
Deepfake nude apps on radar: Meta sues Hong Kong firm over CrushAI ad. What’s next?
Meta has filed a lawsuit against a Hong Kong-based firm for promoting ‘nudify’ apps that create AI-generated explicit images without consent. The legal action is part of Meta's effort to address the ...
Jack Ma’s Ant International planning Hong Kong and Singapore stablecoins, pending licenses
According to individuals familiar with the matter, Ant International, the overseas arm of Jack Ma-backed Ant Group Co., will soon apply for regulated stablecoin licenses in Singapore and Hong Kong.
China, Hong Kong stocks fall as initial Sino-U.S. trade optimism wanes
Stocks in China and Hong Kong traded lower on Thursday, led by declines in the tech sector, as markets struggled to sustain the positive momentum from the Sino-U.S. trade talks that lacked concrete ...
Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources
HONG KONG] Jack Ma-backed Ant Group’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, according to people familiar with the matter. Read more at The ...