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Posted on 25/05/2023

Asia markets set to fall ahead of Bank of Korea decision, Hong Kong stocks at two-month low

Most notably, Hong Kong's Hang Seng index looks set to breach its two month low, with futures standing at 18,878 compared to its last close of 19,115.93. In Japan, the Nikkei 225 is set to fall for a ...

Posted on 25/05/2023

Woman injured, 2 others hurt in fall from escalator in Hong Kong at Wong Tai Sin MTR station

Three women were hurt after one of them lost balance and they fell backwards on an escalator at a Hong Kong railway station on Wednesday afternoon. The MTR Corporation said an escalator connecting the concourse to exit B at Wong Tai Sin MTR station briefly shutdown at about noon, before restarting at 1.50pm.

Posted on 25/05/2023

Marcum Asia To Expand In Hong Kong As U.S.-China Tech War Shifts IPOs

Marcum Asia CPAs LLP, a joint venture between Marcum LLP and Bernstein & Pinchuk, plans to hire up to 25 people before the end of 2023, Co-Chairman Drew Bernstein said in an interview on Tuesday.

Posted on 25/05/2023

Cross-boundary railway travel recovers to 70 pct of pre-pandemic level: Hong Kong MTR

Hong Kong's MTR Corporation announced on Wednesday that the patronage of cross-boundary railway services recovered to 70 percent of the pre-pandemic level, and the patronage of local railway services has returned to around 90 percent before the COVID-19 pandemic.

Posted on 25/05/2023

Hong Kong protesters withdraw from organ donor register over mainland transplants

Hong Kong police are investigating a high number of withdrawals from the organ donor register in what is suspected to be a protest over a proposed transplant programme with mainland China.

Posted on 24/05/2023

‘Chinese Ethereum’ Conflux Draws Spotlight as Hong Kong Welcomes Retail Traders

CFX tokens initially spiked in price after Hong Kong’s decision on retail investors, which some say could lure capital from Chinese investors.

Posted on 24/05/2023

Last emperor of China’s watch sells for record $6.2 million in Hong Kong auction

A watch that was once owned by the last emperor of China's Qing Dynasty, whose life formed the basis of the Oscar-winning film "The Last Emperor," sold for a record HK$49 million ($6.2 million) at a ...

Posted on 24/05/2023

How the triads operate, according to a former Hong Kong mafia member

Jimmy Tsui is a former member of Tung On in New York City's Chinatown and of the Sun Yee On triad in Hong Kong. In 1985 in New York, he was arrested and charged with robbery and homicide, with a $1.5 ...

Posted on 23/05/2023

Last emperor of China’s watch sells for record $5.1 million in Hong Kong auction

A watch that was once owned by the last emperor of China's Qing Dynasty, whose life formed the basis of the Oscar-winning film "The Last Emperor," sold for a record HK$40 million ($5.1 million) at a ...

Posted on 23/05/2023

Bitcoin climbs back above $27,000 after Hong Kong greenlights some retail crypto trading

Cryptocurrency prices moved higher on Tuesday after Hong Kong's securities regulator announced it will allow retail trading of certain crypto assets starting June 1.Bitcoin rose 1.7% to $27,293.64, ...

Posted on 23/05/2023

Hong Kong’s Small Investors Get Crypto Greenlight

Hong Kong’s securities regulator said it will allow small investors to trade cryptocurrencies, lifting a ban that was in place for years. There are a few caveats. Retail investors will be restricted t ...

Posted on 23/05/2023

Hong Kong leader condemns suspicious uptick in registration withdrawals from organ donation system

Hong Kong Chief Executive John Lee is condemning an unusual rise in the number of withdrawal requests to the city's organ donation system, saying police will investigate suspicious cases ...

Posted on 23/05/2023

How a Billion-Dollar Hong Kong Luxury Tower Highlights Developer Distress

The Corniche was supposed to generate HK$30 billion ($3.8 billion) in sales after the developers bought the land overlooking the South China Sea for a record price.

Posted on 23/05/2023

Hong Kong’s lived-in home prices to drop 5 per cent this year as sales sputter amid new-home glut, high interest rates: Knight Frank

Another property consultancy has joined a growing chorus that believes lived-in home prices are destined to slide in Hong Kong as sales sputter after a recovery in the first quarter proved short-lived ...

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