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Posted on 03/10/2023

Hong Kong could be a ‘tailwind’ for lagging crypto activity in Asia: Chainalysis

Despite China’s cryptocurrency ban in 2019, Hong Kong could be the key to bringing more digital asset activity back to the East Asia region, according to blockchain analytics firm Chainalysis.

Posted on 03/10/2023

Embattled Chinese property firm Evergrande soars 20% after trading resumes in Hong Kong

Shares of embattled Chinese property giant Evergrande surged after it resumed trading in Hong Kong. The stock rose 20.31% after briefly touching 46 Hong Kong cents shortly after the open.Shares of ...

Posted on 03/10/2023

Hong Kong’s John Lee says city has to ‘face trend’ of resident outflow during holidays, shore up tourism strengths

Chief executive declares 'Night Vibes' campaign a success and having achieved desired visitor footfall and capital Immigration data shows net outflow of people over long weekend Hong Kong has to "face ...

Posted on 03/10/2023

Hong Kong’s recent graduates ‘earning 9.8% more than peers did 5 years ago’

Scholar says employers could be paying more to plug talent gaps amid brain drain, but warns graduates’ good fortune unlikely to last as overseas competition rises.

Posted on 03/10/2023

University of Hong Kong president requests legal representation in special meeting with governing council over ‘extremely serious allegations’

HKU vice-chancellor Xiang Zhang in statement hits out at ‘rumour-mongers’ and those he says are personally targeting him and school.

Posted on 03/10/2023

‘People are scared of Japanese seafood’: Hong Kong restaurants bear brunt of imports ban following Fukushima waste water row

Questions over discharged waste water leave eateries struggling to persuade patrons to return Mainland China, Hong Kong and Macau are the only three economies to impose bans on Japanese seafood ...

Posted on 03/10/2023

Best years ahead for Hong Kong retail industry as patience needed for post-Covid recovery, Wharf group says

Hong Kong’s retail industry will need more time to match its best year from a decade ago, according to the Wharf group. ‘I’m sanguine about the immediate future,’ chairman Stephen Ng says in an ...

Posted on 03/10/2023

Shares of Evergrande and its property unit jump in Hong Kong as they resume trading after confirming chairman is under police control

The Shenzhen-based developer said it had been notified by relevant authorities in China that Hui was subject to mandatory measures, according to the exchange filing.

Posted on 03/10/2023

Asian Games 2023: goalkeeper says Hong Kong government does not value football, urges officials to act

In beating Iran in the quarterfinals Hong Kong make history by reaching the semi-finals for the first time 'Hong Kong football has its value, but we need to know how to appreciate this value,' Tse ...

Posted on 03/10/2023

Asian Games 2023: Hong Kong’s Tiffany Yue takes leap into city’s record books to seal long jump bronze

Tiifany Yue jumps a Hong Kong record 6.50m with second attempt to seal medal at Hangzhou Olympic Sports Centre Stadium.

Posted on 03/10/2023

460,000 mainland Chinese visitors arrive in Hong Kong over holiday weekend – but 1 million residents head elsewhere

Economists and industry experts say said challenges remain in attracting visitors, including regional competition, fewer flights and strong Hong Kong dollar.

Posted on 03/10/2023

Futu Holdings warns of impostors following alerts of suspicious crypto exchanges from Hong Kong regulators

A Hong Kong subsidiary of Futu Holdings, an online Chinese brokerage backed by Tencent Holdings, has warned that malicious sites are imitating its brand after three such alleged domains, claiming to ...

Posted on 03/10/2023

Chainalysis: Hong Kong and China’s OTC Markets Remain Active Despite Crypto Winter

Hong Kong’s active over-the-counter crypto market drove $64 billion in volume, not too far below China’s $86.4 billion, during the last year despite the territory having a much smaller population, and ...

Posted on 03/10/2023

Typhoon Koinu to intensify on approach to South China Sea, come within 400km of Hong Kong by Friday

A storm headed for Hong Kong is expected to intensify on its approach to the South China Sea and enter within 400km (248.5 miles) of the city by Friday, the Observatory has said. The weather ...

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