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Posted on 19/01/2024

Hong Kong Takes a Hit as a Financial Center. How China Played a Part.

Hong Kong isn’t exactly washed up as a hub for finance. But it is fading as a global financial center, thanks to China’s tighter political embrace.

Posted on 19/01/2024

Hong Kong firm targets spot Bitcoin ETF launch in Q1

A HONG KONG financial services company aims to start an exchange-traded fund (ETF) investing directly in Bitcoin this quarter as the city pushes ahead with efforts to develop a digital-asset hub. Read ...

Posted on 19/01/2024

Hong Kong Firm Targets Spot Bitcoin ETF Launch in First Quarter

A Hong Kong financial services company aims to start an exchange-traded fund investing directly in Bitcoin this quarter as the city pushes ahead with efforts to develop a digital-asset hub.Most Read ...

Posted on 19/01/2024

Hong Kong businessman falls victim to break-in after thief makes off with HK$1 million in luxury watches from his home

Burglar entered the house using a master key at around 8pm on Thursday with the 53-year-old man’s mother inside, insider says.

Posted on 19/01/2024

Hong Kong national security police arrest man over seditious social media posts provoking ‘hatred’ towards authorities

Hong Kong national security police have arrested a 35-year-old man for allegedly posting seditious messages on social media platforms to provoke “hatred” towards the central and city governments. The ...

Posted on 19/01/2024

How Digital Banks in Asia are Redefining Banking with Unique Business Models

Digital banks in Asia like Kakao, MyBank, Paytm, and ANEXT redefine banking with unique models, driving financial inclusion and innovation.

Posted on 19/01/2024

Hong Kong stocks rise for second day, trimming weekly loss with SMIC, AIA, BYD posting gains on valuation appeal

Stocks log a second day of gains as some investors are attracted to cheap valuation. Some funds remain wary of China’s outlook as policymakers refrain from injecting big stimulus to appease markets.

Posted on 19/01/2024

Hong Kong police arrest 4 directors of drug rehab charity for suspected fraud, issue warrant for school principal

Hong Kong police have arrested four directors of a drug rehabilitation charity for suspected fraud involving tens of millions of dollars, and are seeking three others – now based overseas -including ...

Posted on 19/01/2024

What is ‘soft resistance’? In Hong Kong, it depends on who you ask and what side of the political divide they sit on

Term first appeared locally in April 2021 in a speech by Luo Huining, then director of Beijing's liaison office, to mark Hong Kong's first National Security Education Day Phrase has come into vogue in ...

Posted on 19/01/2024

New scheme to up plastic recycling rates in Hong Kong gets broad support, but consumers want higher rebates: survey

New scheme to up plastic recycling rates in Hong Kong gets broad support, but consumers want higher rebates for returning their beverage containers, according to a survey.

Posted on 19/01/2024

Tobacco should pay for Hong Kong health and deficit

Another tax rise needed as city struggles to reduce the number of smokers and improve its financial position Higher tobacco taxes may be coming the way of Hong Kong if authorities initiate another ...

Posted on 19/01/2024

Hong Kong securities watchdog puts virtual asset trading platforms Aramex and DIFX on alert list for suspected fraud

Trading platforms Aramex and DIFX alleged to have used social media and messaging apps to lure victims into investing cash.

Posted on 19/01/2024

Chinese stocks listed in Shanghai and Hong Kong have never been cheaper. Here’s why

A two-year sell-off has now spilled over into 2024, pushing one market valuation to an all-time low. Money managers and analysts say they are struggling to see an imminent turnaround.

Posted on 19/01/2024

AFC Asian Cup: Hong Kong boss Andersen promises side will come out ‘fighting’ in clash with heavyweights Iran

Hong Kong head coach Jorn Andersen says his team will be unrecognisable from the one that put in a tame performance in previous encounter in Tehran, which they lost 4-0.

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