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Posted on 18/09/2023

Hong Kong Monetary Authority warns against misleading crypto “banks”

The Hong Kong Monetary Authority (HKMA) has issued a stern warning to cryptocurrency-related companies employing misleading nomenclature, particularly those that present themselves as “banks” and ...

Posted on 18/09/2023

Credit Cards in Circulation in Hong Kong Reach 19.71 Million

The Hong Kong Monetary Authority (HKMA), the city's central bank, has released its Q2/2023 payment card statistics, revealing that the total number of credit ...

Posted on 18/09/2023

Hong Kong home price seen falling by 5 per cent after seven major lenders including HSBC, Standard Chartered set to increase mortgage rates

Hong Kong home prices are set to fall by about 5 per cent by the end of this year, analysts say, after seven major lenders, including the three note-issuing banks – HSBC, Standard Chartered Bank, and ...

Posted on 17/09/2023

Another Hong Kong school announces it will close, citing shrinking school-age population

Precious Blood Primary School (Wah Fu Estate) in Pok Fu Lam says it will stop admitting Primary One pupils in 2025-26 academic year.

Posted on 17/09/2023

Hong Kong leader vows to focus on housing, land supply and find long-term solutions to issue of subdivided flats

Hong Kong’s leader has vowed to make housing and land supply an ongoing focus of his administration, promising to study long-term solutions to tackle the issue of subdivided flats. Chief Executive ...

Posted on 17/09/2023

Hong Kong bus driver seriously injured and cut free from vehicle, 32 hurt after collision with construction truck

Driver of KMB bus rescued by emergency services and sent to Princess Margaret Hospital after sustaining serious injuries, police say.

Posted on 17/09/2023

Hikers defy safety warnings at Hong Kong’s country parks, venture through debris caused by record black rainstorm

About 25 country park trails and other pathways are still marked as closed following unprecedented 16-hour rainstorm.

Posted on 17/09/2023

Swiss private lender UBP says Hong Kong’s family office incentives are attracting interest from wealthy mainland Chinese, overseas clients

The Geneva-headquartered bank has hired 10 senior bankers to tap wealthy clients in mainland China, Hong Kong, Taiwan and other Asian markets for the setting up of family offices in the city UBP's ...

Posted on 17/09/2023

Hong Kong police arrest 202 in citywide raids targeting illegal gambling operations of triad group, seize nearly HK$2 million in cash, chips

Hong Kong police carried out raids at 40 locations including arcades, illegal gambling dens, unlicensed bars and private clubs.

Posted on 17/09/2023

Hong Kong police vow to step up efforts to combat money laundering, fraud committed by youngsters after alarming surge in arrests

Police in Hong Kong have vowed to step up efforts to combat money laundering and fraud committed by juveniles in response to an alarming surge in the number of young people aged between 10 and 20 ...

Posted on 17/09/2023

Hong Kong patient dies after being found with bandage coiled around her neck in special observation ward

Queen Elizabeth Hospital in Jordan says woman, 60, was admitted to a special observation ward for an injury to her left hand and mental confusion.

Posted on 17/09/2023

Hong Kong could join world’s biggest trading bloc next year, with most members backing city’s inclusion, commerce minister says

Hong Kong applied in January last year to join Regional Comprehensive Economic Partnership, a trade pact that covers a third of world’s population.

Posted on 16/09/2023

Lesbian couple win Hong Kong court victory in IVF case

A Hong Kong court has sided with a lesbian couple who argued that both women should have parental status over their child born via "reciprocal IVF", a ruling hailed as a win for the LGBTQ community.

Posted on 16/09/2023

Beijing’s Top Official in Hong Kong Warns of ‘Anti-China Forces’

China’s top official in Hong Kong said the city’s authorities should be vigilant against anti-Chinese forces and continue to “rigorously enforce” the national security law, suggesting no let-up in the ...

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