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Posted on 19/09/2023

Hong Kong should look to Asean dual-listings to enhance stock market liquidity and foreign capital: trade council chief

Trade Development Council chairman Peter Lam, in Paris for one-day symposium, says business owners in Southeast Asia have interest in investing in city.

Posted on 19/09/2023

Chinese AI Company on U.S. Export Blacklist Launches IPO

A Chinese artificial-intelligence company on a U.S. export blacklist has started its initial public offering in Hong Kong. Beijing Fourth Paradigm Technology, which offers AI software for businesses, ...

Posted on 19/09/2023

Hong Kong targets tourists with HK$100 dining vouchers to spice up nighttime economy in campaign costing HK$1 million

Tourism Board chairman Pang Yiu-kai says 1 million vouchers, to be distributed from November and covering over 500 establishments, will help reinvigorate nightlife.

Posted on 19/09/2023

US Charges Hong Kong Based-Russian With Smuggling Military Technology to Russia

NEW YORK (Reuters) - A Russian man who has lived in Hong Kong has been taken into U.S. custody and charged with smuggling large quantities of American-made, military-grade microelectronics to Russia, ...

Posted on 19/09/2023

Hong Kong protests: 6 jailed for up to 5 years, 3 months for rioting near Polytechnic University during 2019 unrest

District Court judge sentences five men and one woman over ‘very violent’ stand-off between protesters and police.

Posted on 19/09/2023

Crypto firms cannot claim to be banks says Hong Kong SFC

Hong Kong's financial watchdog, the Securities and Futures Commission, has issued a stern warning that Crypto firms cannot claim to be banks.

Posted on 19/09/2023

Crypto Firms Mislead Public With ‘Bank’ Claims, Hong Kong Central Bank Warns

The Hong Kong Monetary Authority (HKMA) has issued a stern warning to cryptocurrency firms against using the term "bank" or describing their products as "deposits." ...

Posted on 18/09/2023

Hong Kong’s latest retail green bond offering receives ‘positive’ response in low interest rate environment

The notes, with a tenor of three years, will make an interest payment every six months and guarantee a minimum payment of 4.75 per cent, higher than last year's 2.5 per cent Locking in guaranteed ...

Posted on 18/09/2023

A crypto influencer was arrested in Hong Kong for a potential $128 million fraud involving 1,400 people

Police arrested Joseph Lam and five others on Monday for "conspiracy to defraud" investors, and nearly HK$1 billion could be involved.

Posted on 18/09/2023

Hong Kong influencer Joseph Lam arrested amid JPEX cryptocurrency investigation involving HK$34 million in assets

Hong Kong police have arrested influencer Joseph Lam Chok in connection with cryptocurrency trading platform JPEX, which is at the centre of an investigation by the force and the city’s financial ...

Posted on 18/09/2023

Mainland Markets Rise As Hong Kong Shorts Press Their Bets

Asian equities had a rough start to the week except for Mainland China, which outperformed the region while Japan was closed for the “Respect for the Aged Day” holiday.

Posted on 18/09/2023

7 in 10 Hongkongers expect to work after retirement, as savings will not suffice to provide quality of life: HSBC survey

Hong Kong people believe they need US$1.1 million to retire comfortably, but they face a shortfall of US$815,000, HSBC survey says Yet Hongkongers are less likely than their peers in other places ...

Posted on 18/09/2023

TWF Urges Breaking Gender Zero-sum Thinking Promote Gender Equality to Sustain HK’s Competitiveness

As we move into the post-pandemic era, the world is facing new challenges and competition for talent across industries. To maintain its competitiveness, Hong Kong must prioritise and showcase its ...

Posted on 18/09/2023

Hong Kong home prices seen falling by 5 per cent after 7 major lenders including HSBC, Standard Chartered set to increase mortgage rates

Hong Kong home prices are expected to fall by up to 5 per cent by the end of this year, analysts say, after seven major lenders said they will raise their mortgage rates as early as Monday. HSBC, ...

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