Union says workers left with unpaid wages and other claims after their employer, Glorious Seafood Restaurant, closes permanently on Friday.
Hong Kong to Enforce KYC Checks for Stablecoin Transactions Above $8,000
Hong Kong mandates KYC for stablecoin transactions above $8,000, aiming to reduce financial crime and strengthen regulatory oversight.
Retiring OCBC CEO to spend more time with family in Hong Kong, but will not leave Singapore completely
Current group CEO Helen Wong said the bank had identified potential candidates internally, while doing a “comprehensive global search”, before deciding on Mr Tan Teck Long, its current head of global ...
‘Space oil’ drug renamed as ‘etomidate’ by Hong Kong government
In early July, the Hong Kong government announced their plans to rename the ‘space oil’ drug as its current street name makes it sound too appealing. The authorities have now decided to officially ...
Air-Conditioner Maker Aux Electric Is Said to Target Hong Kong IPO in September
Aux Electric Co., one of China’s top makers of air conditioners, is targeting to go public in Hong Kong as early as September in a listing that could raise $600 million to $800 million, according to ...
Fintech firms rush to raise equity in Hong Kong to tap crypto frenzy
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) -Fintech companies are rushing to raise equity in Hong Kong to fund expansions in cryptocurrencies, capitalising on investor fervour as the ...
Star Entertainment Group facing $41m payment to Hong Kong investors as sale of Brisbane Queen’s Wharf precinct collapses
Star Entertainment Group faces a raft of hefty costs after a deal to sell its share of its Brisbane casino and consolidate its Queensland operations to its Gold Coast blew up.
HKMA’s strict stablecoin regime to shape Hong Kong’s crypto future
Observers surprised after the city’s de-facto central bank says it plans to issue the first batch of licences early next year.
Quake rumour fades as Hong Kong investor keeps buying Japanese hotels
Weak yen, new rail links and landlord-friendly rules convince veteran deal maker Roy Yip that Japan’s bricks still beat the whispers ...
Hong Kong Q2 GDP expands 3.1%, faster than forecast
Hong Kong's economy grew a faster-than-expected 3.1 per cent year-on-year in the second quarter, official advance estimates showed on Thursday, expanding for a tenth quarter.That was a faster rate ...
Hang Seng Bank’s profits down 30% to HK$6.88b in H1 2025
Fees and other income rose 34% during the period. Hang Seng Bank’s profit attributable to shareholders fell 30% to $876.45m (HK$6.88b) in the first six months of 2025. Operating profit is down 25% to ...
Hong Kong’s struggling office market drags down HSBC’s earnings
In its latest earnings report, HSBC chalked up a less-than-stellar performance in Q2 to a struggling Hong Kong office market.
Hong Kong set to issue first batch of stablecoin licences early next year
Hong Kong, which is positioning itself as a crypto-friendly hub, is establishing a licensing regime for stablecoins referenced to the Hong Kong dollar. A new guideline issued this week lays out ...
2Stumbling Transsion Reportedly Weighing A Dual Listing In Hong Kong – But Is…
Like CATL, Transsion was a strong growth story at the time of its Shanghai listing in 2019, banking on its domination of an African market neglected by many of its peers. The company's stock is ...