The government has been in discussions with major property groups to encourage them to roll out measures to boost the nighttime economy, including extending mall operating hours, according to Allan ...
Hong Kong’s tokenised green bonds saw efficiency gains from blockchain-based trading, HKMA says, but challenges remain
Project Evergreen, which issued US$102 million in green bonds on a distributed ledger in February, saw 'significant operational improvement' in trading Challenges to wide adoption remain in the ...
Hong Kong arrests 6 for loan fraud scheme using AI deep fakes
Six individuals have been arrested in Hong Kong after allegedly using artificial intelligence ... to apply for loans online with financial institutions," said Cyber Security and Technology Crime ...
In first, Hong Kong police arrest 6 over finance scams involving deepfake technology
Hong Kong police have arrested six people over the use of deepfake technology to take out loans in other people’s names. Addressing reporters on Friday, superintendent Dicken Ko said that, with the ...
Hong Kong stocks drop, trimming weekly gain on mixed corporate earnings, Fed rate policy outlook
NetEase and Meituan weaken as investors choose to focus on the downside risks in their latest report cards Fed retains its hawkish stance on rate policy while traders await Chair Jerome Powell's ...
Hong Kong-Canadian sister and brother piano prodigies wow audiences in concerts held across the strait
In late July, the Sung siblings were invited to Taipei and Fuzhou Province to collaborate with symphony orchestras from both sides of the strait for the first time, a new chapter in cross-strait ...
HK$500,000 per grade payments offered to Hong Kong secondary schools to encourage mergers as school rolls fall
A payment of at least HK$500,000 (US$63,745) for each grade is to be offered to Hong Kong secondary schools as an incentive to merge with other institutions as the city faces a double whammy from ...
HSBC Buys Back Over 4.57M Shrs for $283M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.5718 million shares in the UK and Hong Kong markets yesterday (14th), involving a total of HK$283 million.Of the... HSBC HOLDINGS ...
Hong Kong police arrest 6 in crackdown on fraud syndicate using AI deepfake technology to apply for loans
Force says case marks first known instance of scammers with stolen ID cards employing deepfake to fleece financial agencies.
Bank of Communications, China Merchants Bank report increasing bad loans amid property crisis
The situation of controlling the risks from the property sector remains serious,’ a Bank of Communications spokesperson says.
Hong Kong Stocks End Week With Steep Loss
Hong Kong shares sank Friday with the rest of Asia as traders await a keep speech later in the day by Federal Reserve boss Jerome Powell, while US jobs data dented hopes the central bank will hold off ...
Hong Kong businesses strongly reject government bid to extend mall hours amid labour crunch, consumers spending across border
Industry players say tourist dollar also weaker than pre-pandemic levels Night bazaar plan floated by authorities would only benefit caterers, sector members say, with retail sales still flagging ...
Hong Kong Residential Sales Slowing in 2023 from Economic Uncertainty
Amongst Hong Kong projects completed in the first half of 2023, only 55% of units were sold as of the end of June 2023, lower than the average sell-through rate of 78% over the last five years, a sign ...
Hong Kong police arrest 458 people in 17-day crackdown on money laundering syndicates handling HK$470 million in crime proceeds
Hong Kong police have arrested more than 450 people during a 17-day crackdown on crime syndicates behind the laundering of HK$470 million (US$59.9 million) in suspected illegal proceeds. The operation ...