The fintech platform which has presence in Singapore and Japan, will use this funding round to fund its “aggressive expansion plans” across Asia.
Hong Kong Court Halts Plan for Public Housing on Golf Course
A Hong Kong court has overturned the government’s conditional approval for building public housing on part of an exclusive golf course that’s popular among elites, local media reported.
Makeup Artist Mao Geping Close To Becoming A Billionaire Ahead Of Hong Kong IPO
The 60-year-old chairman of the company has amassed wealth of $830 million mostly based on a family stake in Mao Geping Cosmetics Co., according to Forbes estimates.
Hong Kong’s deficit to double to HK$100 billion, finance chief Paul Chan warns
Hong Kong’s budget deficit is expected to double to HK$100 billion this financial year, finance chief Paul Chan has said, citing a property market slump that weighed on government coffers. Chan, at a ...
Hong Kong will display 2,500 panda sculptures to capitalize on a local bear craze
Thousands of giant panda sculptures will greet residents and tourists starting on Saturday in Hong Kong, where enthusiasm for the bears has grown since two cubs were born in a local theme park ...
Should Hong Kong raise taxes and cut costs to rein in HK$100 billion deficit?
End of the tunnel’ not yet in sight, says one commentator, as warnings issued over structural reliance on land sales.
Hong Kong doubles deficit forecast to HK$100 billion for 2024-25
The government’s income was far lower than expected. Before September, the property transactions were very slow, which affected our stamp duty income,’ finance chief says.
Marlboro Celebrates Diversity At 15th Annual Multi-Cultural Day Event
Marlboro Township hosted its 15th Annual Multi-Cultural Day event on Sunday, bringing together community members of all ages and backgrounds for an evening of performances and festivities. From 1 p.m.
HSBC plans to withdraw credit card operations in China
reported Reuters In October this year, HSBC Hong Kong became a direct participant in China's international payments system, thereby enhancing its position in trade finance as China seeks to promote ...
Mortgage Data Firm Appoints Chief Revenue Officer
AI-driven data science firm Redefining Business Intelligence (RBI) is building out its C-suite with several recent appointments. RBI co-founder Pamela Finn has been appointed Chief Revenue Officer ...
China Mobile offers to buy Hong Kong’s HKBN in $882 million deal
China Mobile said on Monday it had offered to acquire HKBN in a deal valuing the Hong Kong-based broadband company at HK$6.86 billion ($882 million), as it looks to counter a move from a private equity firm.
$1.3M worth of Hermes bags stolen in Hong Kong store in 5 minutes
A Hong Kong luxury goods store has compensated its clients after 66 Hermes handbags, valued at HK$10 million (US$1.3 million), were stolen in a brazen smash-and-grab robbery that lasted just five minutes.
Paul Chan: Hong Kong is critical bridge between China and the world for accounting sector
Ministry of Finance will continue to support Hong Kong in cross-border accounting regulation and talent nurturing, vice-minister says.
Hong Kong launches panda sculpture tour as the city hopes the bear craze boosts tourism
Thousands of giant panda sculptures will greet residents and tourists starting on Saturday in Hong Kong, where enthusiasm for the bears has grown since two cubs were born in a local theme park.