The SAR is one step closer to a central bank digital currency as the Hong Kong Monetary Authority (HKMA) launched a pilot program for e-HKD on ...
Hong Kong authorities float legislation to penalise anyone caught operating boats while under influence of alcohol or drugs
Change would close gap in current legislation, as city has no dedicated law to regulate operation of vessels while under influence.
CBP Seizes 3 Hong Kong Shipments Brimming With Luxury Fakes
U.S. Customs and Border Protection seized over 3,000 counterfeits worth more than $3 million in two separate busts this month.
Hong Kong proposes speeding up land lease renewal process, with 300,000 sites to expire by 2047
"As the leases granted in the early days of Hong Kong gradually come to their expiry date ... For land under multiple ownership, the department would grant a new lease to the Financial Secretary ...
Hong Kong launches e-HKD pilot programme, with 16 companies to test digital currency for public use in shops, restaurants
Eddie Yue Wai-man, CEO of the Hong Kong Monetary Authority, hosted a ceremony on Thursday evening to mark the start of an e-HKD pilot programme Some 16 banks and payment companies - including the ...
Hong Kong’s e-HKD pilot puts the world on notice
Rollout of the central bank digital currency in Hong Kong is a potential game-changer and a move that others may soon look to follow.
Hong Kong leader defends removal of politically sensitive books in public libraries
Hong Kong's leader says 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 and ...
Library books should not have ‘unhealthy ideas’: Hong Kong leader
Hong Kong must not "recommend books with unhealthy ideas", the city's leader John Lee said on Thursday, following the removal of library books related to the deadly Tiananmen Square crackdown and ...
Once admired, now reviled, Hong Kong police force failing to attract new recruits
Long-serving officers have left and generous incentives are not enough to fill vacancies in what is today seen as a brutish arm of the Chinese state ...
Hong Kong home prices ‘likely back in a downtrend’ as slump resumes after ‘short-lived’ first-quarter recovery: Citi
A first-quarter rally in Hong Kong’s home market turned out to be remarkably “short-lived”, as sales have now slumped and sellers are slashing prices to get deals done amid a “downward trend” that ...
Want to fly to Hong Kong for free?
As part of the Board’s Hello Hong Kong campaign, it’s giving away round-trip economy flights on Cathay Pacific from Los Angeles, San Francisco, Boston and New York. With travel costs—especially air ...
Hong Kong banks hike deposit rates as cash conditions tighten
Banks in Hong Kong are rushing to raise deposit rates and attract retail money as a spurt in loan demand and investment outflows led to an abrupt tightening of cash conditions. The scramble to lure ...
Hong Kong treasury chief stonewalls calls for more relief measures for homebuyers as Legco approves stamp duty bill
Secretary for Financial Services and the Treasury Christopher Hui says stamp duty bill will benefit about 37,000 homebuyers.
Foreign Freak-Out As Mainland Buys Hong Kong, Tencent Results Review
After the Hong Kong close, Tencent (700 HK, TCEHY US) reported Q1 financial results as revenue beat analyst expectations though adjusted net income and adjusted EPS missed. There were plenty of ...