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Posted on 09/08/2023

Hong Kong’s government lawyers say court failed to recognise its lack of expertise in national security risks when it refused ban on protest song

Government lawyers say court did not give 'the greatest weight and deference' to Chief Executive John Lee when it ruled against a ban on 'Glory to Hong Kong' protest song Justice department outlines ...

Posted on 09/08/2023

Hong Kong teenager arrested, HK$8.3 million worth of drugs seized in police raid on industrial unit syndicate uses as storage facility

Hong Kong police have seized more than HK$8.3 million (US$1 million) worth of illegal drugs and arrested a teenager during a drug bust on an industrial unit that was used to store the narcotics, the ...

Posted on 09/08/2023

World University Games: Hong Kong’s ‘outstanding’ athletes hailed for record display, as attention turns to Asian Games

Chef de mission Mabel Mak hails athletes for record medal tally, as fencers Ryan Choi and Kaylin Hsieh turn attention to gold and glory at next month’s Asian Games.

Posted on 09/08/2023

China’s property crisis deepens as another huge developer risks default

Investor confidence in China’s troubled property sector has been rocked again this week by reports that one of the country’s largest private building conglomerates missed interest payments on two ...

Posted on 09/08/2023

Hong Kong’s ‘Silver Bonds’ receive highest number of subscription applications as seniors bet on low-risk investment in uncertain economic environment

HSBC sees 'record-high subscriptions' by customers, executive says Final issue size expected to be increased to upper limit of HK$55 billion; HKMA to announce final allotment results on August 16 The ...

Posted on 09/08/2023

EDBI-Backed Wealth Management Startup Raises $35 Million To Expand In Hong Kong

Singapore-based wealth management startup Endowus – backed by the city-state’s global investor EDBI – announced Wednesday it raised $35 million in a funding round joined by new investors Citi Ventures ...

Posted on 09/08/2023

The world’s biggest law firm is splitting off its business in China

Dentons, the world’s biggest law firm by number of employees, is distancing itself from its business in China in response to intensifying regulation in the country.

Posted on 09/08/2023

Hong Kong scouts spend night on South Korean airport floor before flying home, as parents demand answers over disastrous trip

Youths forced to return home early from 12-day Scout Jamboree in Busan after organisers cancel event over encroaching Typhoon Khanun.

Posted on 09/08/2023

Hongkong Land denies report it plans to sell tower in Central

Property developer Hongkong Land on Wednesday denied a media report it is putting a well-known Hong Kong office tower on the market, adding it has no plan to sell any buildings in the central ...

Posted on 09/08/2023

Hang Seng Bank opens two new cross-boundary wealth management centres

One is in Shenzhen and the other is in Tsim Sha Tsui. Hang Seng Bank has opened two more cross-boundary wealth management centres (CBC). Located in Tsim Sha Tsui and Shenzhen, the two new CBCs are ...

Posted on 09/08/2023

Wanted Hong Kong activist says parents ‘harassed, intimidated’

Hong Kong pro-democracy activist Anna Kwok said Wednesday that her parents were "questioned, harassed and intimidated" by authorities, weeks after officials accused her and seven others of endangering ...

Posted on 09/08/2023

Cathay Pacific posts $550 mln first-half profit, to repay Hong Kong government

Hong Kong's Cathay Pacific Airways reported on Wednesday a profit of HK$4.3 billion ($550.23 million) for the first half of 2023, its best interim results in more than a decade and a turnaround from ...

Posted on 09/08/2023

Cathay Pacific Posts $550 Million First-Half Profit, to Repay Hong Kong Government

HONG KONG (Reuters) - Hong Kong's Cathay Pacific Airways reported on Wednesday a profit of HK$4.3 billion ($550.23 million) for the first half of 2023, its best interim results in more than a decade ...

Posted on 09/08/2023

Hong Kong’s business, labour sectors welcome government bid to amend worker protection rule to prevent employers from exploiting loophole

Employers have taken advantage of loopholes in '418' regulation, lawmaker Chau Siu-chung says Under the rule, those working for same employer for four consecutive weeks or more for at least 18 hours ...

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