Category: NEWS

Hong Kong’s Bitcoin business sector is feeling uncertain as local exchange Gatecoin loses its banking services. Just a month after reports of a mass ‘Bitcoin exodus’ from China after it banned crypto-to-fiat trading and ICOs, Hong Kong also appears ... ( read original story ...)

The Hong Kong Poverty Situation Report for 2016, released last Friday, showed that 1.35 million of the city’s 7.35 million residents were living below the official poverty line, with the figure dropping to 996,000 after factoring in cash interventions ... ( read original story ...)

Hong Kong lawmaker Fernando Cheung Chiu-hung has urged Chief Executive Carrie Lam Cheng Yuet-ngor to follow Taiwan’s lead in using legal means to guarantee the supply of so-called orphan drugs for specific rare diseases, which drug makers are reluctant ... ( read original story ...)

India's Parupalli Kashyap and B Sai Praneeth will be able to take part in the Hong Kong Superseries after the visa issue concerning the two shuttlers was resolved. Hong Kong Badminton Association, the organisers of the Superseries resolved the matter for ... ( read original story ...)

Hong Kong’s road to greater democracy has come to a dead end for now and pan-democrats should shift their focus to call for better policies improving people’s livelihoods and safeguarding human rights, the Labour Party’s new chairman said on Sunday. ( read original story ...)

Hong Kong youth will soon have the option to skip the city’s high-pressure secondary school leaving examination to pursue vocational education at an earlier age without worrying about the lack of opportunities to obtain a degree later. This route could ... ( read original story ...)

Drainage officials will seek funding next year for the first phase of works to move a Sha Tin sewage treatment plant into a rock cavern in a massive project expected to last 11 years, according to Hong Kong authorities. New details have also been revealed ... ( read original story ...)

Mongolian coal producer SouthGobi Resources Ltd.’s CEO was detained in China as a suspect in a fraudulent loan case, the latest Hong Kong-listed company linked to allegations of misconduct. SouthGobi shares fell as much as 13.6 percent, the most in four ... ( read original story ...)

A record number of Hong Kong residents live in poverty, with one fifth of the population falling below the poverty line despite economic growth, according to new government figures. The number of people living below the poverty line rose to 1.35 million in ... ( read original story ...)

The long-awaited winter weather finally arrived in Hong Kong on Sunday as temperatures plunged about seven degrees from Saturday. It is expected to get even colder throughout the week, with temperatures dropping to new autumn lows since the season began in ... ( read original story ...)

“Innovation” and “breakthroughs” are needed to enable the flow of people, logistics, capital and information brought about by the development of the Greater Bay Area, a top Hong Kong official said following the latest round of talks between the ... ( read original story ...)

With the stroke of a pen from Hong Kong chief executive Carrie Lam Cheng Yuet-ngor and Guangdong provincial governor Ma Xingrui on Saturday, a 26km strip of Hong Kong land is set to be leased out to mainland China. There, mainland law applies, including ... ( read original story ...)

Hong Kong’s bitcoin entrepreneurs say they have been forced to open bank accounts overseas to operate their businesses, after local banks froze or closed their accounts, threatening the city’s push to become a fintech hub. Staff at Hong Kong-based ... ( read original story ...)

Hong Kong Disneyland will lay off “fewer than 10” of its fireworks staff after it said it would temporarily suspend the nightly pyrotechnics shows amid the park’s expansion plans. A Hong Kong Disneyland spokeswoman said they made the decision to fire ... ( read original story ...)