Thirteen flights cancelled on Friday and another nine on Saturday after black and red rainstorm warnings on Thursday wreaked havoc at airport.
Hong Kong opens to stablecoins
The Hong Kong Monetary Authority, the city’s de facto central bank, is accepting applications for stablecoin issuer licences until the end of September. As of now, no licences have been issued, and ...
Hong Kong economy forecast to grow by 2-3% in 2025 despite US tariffs, geopolitics
Hong Kong’s economy will expand by between 2 and 3 per cent this year as previously forecast despite worsening geopolitics, with a robust local stock market, stabilised property sector and rising ...
Hong Kong Regulator Tightens Custody Standards for Licensed Crypto Exchanges
A regulatory review earlier this year found weaknesses in some exchanges’ cyber defenses, prompting the SFC to set new custody standards for licensed platforms.
Hong Kong Q2 GDP expands 3.1% y/y, full-year growth forecast maintained
Hong Kong's economy expanded by 3.1% in the second quarter from the same period a year earlier, supported by a surge in rush shipments following the temporary easing of U.S. tariff measures, the ...
Hong Kong billionaire targeted with baseless mansion sale claims
The family of Hong Kong’s wealthiest man Li Ka-shing said his old mansion in the Chinese city has not been listed for sale, refuting rumours that surfaced online as his conglomerate is caught in a ...
Hong Kong tycoon Jimmy Lai’s collusion trial resumes after delay
A Hong Kong court on Friday began hearing closing arguments in the national security trial of pro-democracy media tycoon Jimmy Lai, following a one-day delay because of bad weather.
Hong Kong MTR ‘Harvesting’ From Property Arm, CEO Says
Jacob Kam, CEO of Hong-Kong listed railway operator MTR, says the company has been getting its infrastructure prepared for bad weather as the city experiences extreme conditions. He also says MTR is ...
Jimmy Lai: Trial of Hong Kong rebel mogul delayed again
Hailed by some as a hero and scorned by others as a traitor, Hong Kong's pro-democracy media tycoon Jimmy Lai is in the final stage of his national security trial. Closing arguments were scheduled to ...
Hong Kong developers put more than 200 flats on sale amid interest-rate optimism
After more than two years of new flats selling for less than second-hand units, the price gap has started to narrow, analyst says.
Innogen’s shares almost quadruple in Hong Kong trading debut amid pharmaceutical bull run
Trading under the stock code 2591, Innogen’s shares first changed hands at HK$72 on Friday, almost four times more than the initial public offering (IPO) price of HK$18.68 despi ...
Hong Kong delays trial of democrat Jimmy Lai over heart problems
The closing submissions in a national security trial against Hong Kong pro-democracy businessman Jimmy Lai were delayed on Friday after his lawyer said he had suffered heart palpitations.
Hong Kong court delays media mogul Jimmy Lai’s national security trial over health concerns
A court in Hong Kong adjourned a national security trial hearing of media mogul Jimmy Lai on Friday due to concerns about his health after his defense said he had been experiencing heart palpatations.
Hong Kong democrat Jimmy Lai trial delayed over heart problems
The closing submissions in a national security trial against Hong Kong pro-democracy businessman Jimmy Lai were delayed on Friday after his lawyer said he had suffered heart palpitations.