The Hong Kong dollar (USD/HKD) has done relatively well this year even as the US dollar index (DXY) jumped to the highest level in months. It has also performed well even as many emerging market ...
Hong Kong Faces Surge in WhatsApp Account Hacks: A New Cybercrime Frontier
As the world grows ever more dependent on the digital realm, the dark side of this interconnectedness is being laid bare. In Hong Kong, the police have reported a significant surge in frauds involving ...
Hong Kong Court Upholds Rights of Same-Sex Couples in Public Housing
In a significant legal victory for gay rights advocates, the Hong Kong Court of Appeal recently dismissed the government’s bid to deny same-sex married couples the right to rent and own public housing ...
Bill Ackman’s Hong Kong dollar (HKD) short is not going well
Bill Ackman revealed that he was short the Hong Kong dollar in November 2022. At the time, he argued that the Hong Kong dollar peg made no sense and that it was just a matter of time before it cracked ...
Hong Kong’s affluent become millionaires at an average age of 33, HSBC Premier survey suggests
A study by HSBC suggests that about six per cent of respondents have already hit the HK$10 million mark by the age of 45. The bank’s wealth management services can help individuals meet their ...
Hong Kong’s Market Is Withering. China is the Problem.
As Hong Kong’s shriveling stock market continues to shed billions in liquidity and trading volumes fall, even the bears are wondering if things have hit bottom. Until recently, the city’s exchange had ...
Hong Kong court backs same-sex couples on equal housing rights
A Hong Kong court has dismissed a government bid to deny same-sex married couples the right to rent and own public housing, saying that it was “discriminatory in nature” and a complete denial of such ...
Hong Kong’s attitude toward crypto sours after JPEX saga: Survey
Fewer Hong Kongers want to hold cryptocurrencies after JPEX collapsed on liquidity issues and fraud allegations, a two-phase survey by The Hong Kong University of Science and Technology suggests.
UBS Launches Digital Platform for Structured Products in Asia
UBS Global Wealth Management has gone live with a digital platform for structured products in Singapore and Hong Kong, providing customers in the two locations with access to a wide selection of ...
Hong Kong court backs same-sex married couples on equal housing rights
A Hong Kong court has dismissed a government bid to deny same-sex married couples the right to rent and own public housing, saying that it was “discriminatory in nature” and a complete denial of such ...
Colliers revises 2023 forecast, says Hong Kong commercial property investment to decline by 65 per cent as interest rates, economy weigh on sentiment
The investment market will remain subdued for the rest of the year, property consultancy says Latest forecast of HK$26 billion in total investment follows a prediction of HK$35 billion Colliers made ...
Hong Kong Shares May Open In The Red
The Hong Kong stock market on Tuesday wrote a finish to the two-day losing streak in which it had tumbled almost 800 points or 4 ...
Until there is a better option, Hong Kong’s US dollar peg is here to stay
As the city's currency marks 40 years of the peg many question its future, but it has braved the storms and continues to give the financial centre stability The 40th anniversary this week of the Hong Kong dollar peg to the US dollar has revived questions about its future,
BC Technology denies it is selling OSL crypto exchange as stock plummets amid challenges for Hong Kong licensing
BC Technology has rejected a report that it is looking to sell OSL, one of two licensed Hong Kong crypto exchanges and the firm’s main revenue source.