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Posted on 29/05/2024

Hong Kong stocks slide as rebound stalls ahead of key data; Lenovo slumps on convertible bond sale

Hong Kong stocks dropped by the most in a week, as investors locked in profits from a rally that has pushed the benchmark gauge up by more than a fifth since late January with the Chinese yuan ...

Posted on 29/05/2024

Hong Kong is more entrepreneurial, open and diverse than Singapore, finance chief Paul Chan tells US businesses

One country, two systems’ governing principle ‘still alive’, finance chief tells US businesses during Greater Bay Area delegation trip.

Posted on 29/05/2024

Hong Kong arrests six in first use of new local national security law days ahead of Tiananmen anniversary

Hong Kong police have made their first arrests under a newly passed local national security law over social media posts deemed “seditious” by authorities.

Posted on 29/05/2024

Hong Kong arrests 6 for sedition under new security law

Hong Kong national security police arrested six people across the city on Tuesday (May 28) under a new security law for alleged seditious intent, including a pro-democracy barrister already behind ...

Posted on 29/05/2024

Hong Kong police arrest 6 people accused of violating the city’s new national security law

Hong Kong police on Tuesday arrested six people accused of publishing seditious social media posts, in what are the first publicly known arrests under the city’s new national security law.

Posted on 29/05/2024

Hong Kong crypto exchange licence applicants with ties to mainland China withdraw from city

dampening enthusiasm for operating in Hong Kong, according to an industry insider familiar with the matter, who declined to be named because the discussions were private. In 2021, the People's Bank of ...

Posted on 29/05/2024

Hong Kong Launches Pilot Program for Digital Yuan Payments

Hong Kong has launched a pilot program allowing digital yuan payments facilitated through some of the top Chinese banks.

Posted on 29/05/2024

New Hong Kong scams using bogus online customer service staff cheat people out of HK$190 million in less than 5 months

Police say fake customer services staff frauds an ‘increasing trend’, with HK$4.16 million the biggest single loss logged.

Posted on 29/05/2024

Hong Kong Advances Retail e-HKD Testing for Mortgage and Lending Transactions

The Hong Kong Monetary Authority (HKMA) has continued testing its retail e-HKD, the proposed digital version of its local currency.

Posted on 29/05/2024

Hong Kong’s TVB gets nod to sell minority stake to finance firm as it seeks funds for new productions

Communications Authority says it has approved an application by TVB to allot 8.7 million new shares to GF Global Capital In a separate deal, the broadcaster will issue 20 million new shares to its ...

Posted on 29/05/2024

Hong Kong lawmakers slam government over inaction in developing South Lantau, after authorities fail to deliver timeline

Development Bureau says in response it will deliver some ‘quick wins’ in coming two years for developing the island into an eco-recreation destination.

Posted on 29/05/2024

Forecast: Fixed comm services revenue in Hong Kong to grow at 2% CAGR

The fixed communication services revenue in Hong Kong is forecast to increase at a compound annual growth rate (CAGR) of 2 per cent from $2.7 billion (€2.4bn)

Posted on 29/05/2024

4-year-old Hong Kong girl’s ‘rare’ cardiac arrest after receiving stitches sparks hospital probe

Senior hospital official wants to look into 'all procedures' after girl was treated for a head injury sustained in a fall The child fell unconscious and her heart stopped soon after seeing a doctor ...

Posted on 29/05/2024

Hong Kong police make 1st arrests under domestic security law

The Hong Kong police have made the first arrests under the domestic security law, as five women and one man have been detained on suspicion of seditious intention, an official statement said. One of them is already in custody, who allegedly posted anonymou ...

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