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Posted on 19/05/2023

Exclusive-US consultancy Mintz’s executives leave Hong Kong after China raid-sources

Some Hong Kong-based staff with U.S. consultancy Mintz Group have left the city after the firm's Beijing office was raided by Chinese police in March, according to two sources with direct knowledge of the matter.

Posted on 19/05/2023

FTSE 100 Live: Pound hits four-week low, Hong Kong stocks slide

Simon Hunt. Stocks fell in Hong Kong this morning after Alibaba’s fourth-quarter sales miss added to fears of a slowdown in ...

Posted on 19/05/2023

Asia expected to face headwinds despite lead in global IPO market

IPO sentiment in the APAC region will continue to be affected by high interest rates, the banking crisis and geopolitical tensions ...

Posted on 19/05/2023

Hang Seng Bank, Visa to test CBDC use cases in Hong Kong

The three will collaborate to explore the feasibility of tokenised deposits. Visa, alongside HSBC and Hang Seng Bank, has been selected as participants for the research and testing of central bank ...

Posted on 19/05/2023

Ripple, Visa join HK CBDC pilot, Huobi accusations, GameFi token up 300%: Asia Express

Mastercard and Visa join Hong Kong's CBDC pilot, new instalment in Justin Sun's Huobi soap opera, and a GameFi token pumps on no news.

Posted on 19/05/2023

Hong Kong earmarks additional HK$5 billion for ‘safeguarding national security’

The Hong Kong government allocated an extra HK$5 billion to its national security “special fund” in the last financial year, an official document published on Friday has revealed. Citing the national ...

Posted on 19/05/2023

Hong Kong court dismisses pro-democracy publisher Jimmy Lai’s legal bid to fight for UK lawyer

A Hong Kong court has dismissed a jailed pro-democracy publisher’s legal bid in his fight to use a British lawyer in his landmark national security trial ...

Posted on 19/05/2023

Hong Kong court rejects challenge by jailed media tycoon Lai over British lawyer

A Hong Kong court on Friday dismissed an attempt by jailed media tycoon Jimmy Lai to challenge a decision by security officials to effectively bar his British lawyer from representing him in a ...

Posted on 19/05/2023

Cathay Pacific’s free tickets to Hong Kong all claimed in 2.5 hours

At a splashy event in February 2023, city officials announced that some 500,000 free airline tickets would be distributed both to local residents eager for a vacation and international travelers keen ...

Posted on 19/05/2023

Should pay rise for Hong Kong civil servants be lower? Business leaders call for less pressure on private sector amid post-Covid recovery

Business leaders have urged the Hong Kong government to lower the proposed salary increases for civil servants to below 4 per cent to ease pressure on the private sector amid the early stages of ...

Posted on 19/05/2023

Hong Kong leader defends removing politically sensitive books from public libraries

Hong Kong's leader said Thursday the city's public libraries would not recommend books featuring “bad ideologies" to residents after they pulled titles related to the 1989 Tiananmen Square crackdown ...

Posted on 19/05/2023

Hong Kong Court Blocks Jimmy Lai’s UK Lawyer in Security Case

Bloomberg subscribers can gift up to 5 articles a month for anyone to read, even non-subscribers! Learn more Hong Kong’s High Court barred media mogul Jimmy Lai from using a UK-based lawyer to ...

Posted on 19/05/2023

Business leaders call for lower pay rises for Hong Kong civil servants to ease pressure on private sector amid post-Covid recovery

Business leaders have urged the Hong Kong government to lower the proposed salary increases for civil servants to below 4 per cent to ease pressure on the private sector amid the early stages of ...

Posted on 19/05/2023

Hong Kong proposes speeding up land lease renewal process, with 300,000 set to expire by 2047

Hong Kong authorities have proposed speeding up the land lease renewal process through a new law as more than 300,000 are set to expire by 2047, 50 years after the city’s return to Chinese sovereignty ...

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