The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have announced a review of existing regulations for Virtual Asset activities. This move signifies Hong Kong's ...
Hong Kong police take HK$4.5 million in fake HK$1,000 banknotes out of circulation
Two men, 37 and 43, arrested after officers find millions in fake notes hidden in luggage at Tsim Sha Tsui hotel Hong Kong police have arrested two men at a hotel after they seized more than HK$4.5 ...
Researchers in Hong Kong eye far side of moon soil samples from China’s Chang’e-6 mission
Polytechnic University also says it recently secured loan of lunar soil samples collected by Chang’e-5 mission in 2020.
Hong Kong publishes legislative proposals to ease path for firms to redomicile in city
The introduction of the regime is of great significance in Hong Kong’s corporate governance policy, and will turn the city “into a cornucopia of enterprises that draws in foreign companies”, Secretary ...
Hang Seng Survey: Breadwinner of a Hong Kong Family Manages Finances for an Average of 3 Family Members
Rannie Lee, Head of Wealth and Personal Banking at Hang Seng Bank, said, "Hong Kong residents have broader needs for banking services and wealth management. They need to plan not only their finances ...
Hong Kong to Review Crypto Rules as Industry Evolves, Says Finance Secretary
According to the finance secretary, Hong Kong will review its crypto regulations as needed to adapt to industry changes.
Airport Authority of Hong Kong reports net profit of HK$1.61 billion in 2023-24
Hong Kong airport has staged a strong post-pandemic recovery, bouncing back to a net profit of HK$1.61 billion in 2023-24 after three straight years of losses, with its management reviewing its debt ...
PwC names new China head amid regulatory scrutiny
PricewaterhouseCoopers (PwC) has named in-house executive Daniel Li as its new China head, a move that comes as it faces investigations by financial regulators in mainland China and Hong Kong. PwC ...
Hong Kong: Social workers targeted, a new ‘danger’ to national security
Hong Kong’s welfare secretary called for the depoliticisation of the sector after so many social workers backed the 2019 demonstrations. The most vulnerable will pay for this in a society where the ...
Hong Kong retailers need to change their ways to stop sales slide, industry experts say
Retail sales in Hong Kong have slumped by double-digit figures for two months in a row as consumers change the way they shop.
Detailed plans ‘not needed’ from companies keen on Hong Kong tech hub: government
Companies wanting to set up shop in Hong Kong’s proposed innovation hub near the border with mainland China will not be asked to submit detailed design plans to the Town Planning Board for approval, ...
Hong Kong Stocks: Alibaba Boosts Stock Buyback Amid Selloff; Shares Gain
Among the key news on Hong Kong stocks, Alibaba Group Holding Limited (HK:9988) completed a share buyback of $5.8 billion in the first quarter ...
‘Race to the bottom’: Hong Kong home prices slump to multi-year lows as deal volume slides
Recent launches have sold poorly despite decade-low prices, while prices of lived-in flats hit a nearly eight-year low, according to JLL Hong Kong's lacklustre home sales are weighing on prices, with ...
Sun Life, Hang Seng expand services for rich clients, tout Hong Kong’s family office push
Sun Life has teamed up with medical services operators to capture high-net-worth customers in the Greater Bay Area, while Hang Seng Bank added new features for its Prestige customers.