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Posted on 31/05/2023

Hong Kong stocks enter bear market territory as China reopening optimism continues to fade

The Hang Seng index is 20% below its recent peak – a stark contrast to the reopening optimism that had once driven Asia-Pacific's benchmark index to a bull market.

Posted on 31/05/2023

Uyghur student not missing in Hong Kong – Amnesty

Rights group Amnesty International has corrected its report alleging an Uyghur student went missing from Hong Kong airport, saying he is "accounted for". "Abuduwaili Abudureheman... told us he did not ...

Posted on 31/05/2023

Hong Kong renovation saga: all you need to know about modifying your flat and how to do it safely and legally

A video posted online showing a renovated flat led to an investigation into the modifications Homeowners should make sure they know which renovations need government approval Sharp-eyed internet ...

Posted on 31/05/2023

Hong Kong’s most comprehensive historical book was published back in 1957. It’s time for a new one

With Hong Kong at a crossroads, the time is ripe for another book providing broad-ranging insight into the city, a feat not attempted since 1957’s comprehensive history work Hong Kong Business ...

Posted on 31/05/2023

Hong Kong Shares May See Renewed Consolidation

The Hong Kong stock market on Wednesday snapped the four-day losing streak in which it had slumped almost 1,230 points or 6 percent.

Posted on 31/05/2023

Uyghur student did not go missing in Hong Kong after being interrogated at airport, rights group says

Uyghur student Abuduwaili Abudureheman who was previously reported missing in Hong Kong following interrogations at the city’s airport said he did not travel to the area.

Posted on 31/05/2023

9,500 Hong Kong motorists sign up for scheme to drive in mainland China, nearly 7 times quota limit

Authorities have fixed quota of 200 cars per day in first week and 300 daily in second to ensure smooth start.

Posted on 31/05/2023

UAE Central Bank, Hong Kong Monetary Authority Strengthen Financial Cooperation

The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) held a bilateral meeting in Abu Dhabi to enhance co ...

Posted on 31/05/2023

Law firm Akin Gump adds special situations partner in Hong Kong

U.S. law firm Akin Gump Strauss Hauer & Feld said on Tuesday that it has added partner Tarun Warriar to its special situations and private credit team in Hong Kong, less than a month after losing its ...

Posted on 31/05/2023

Hong Kong, UAE Central Banks Coordinate on Crypto Regulations

Their focus on cross-border trade settlements could open up the possibility of central bank digital currencies being used.

Posted on 31/05/2023

UAE Central Bank, Hong Kong Monetary Authority boost financial cooperation

The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) held a bilateral meeting in Abu Dhabi to enhance collaboration ...

Posted on 31/05/2023

Sequoia China-Backed AI Startup Xtalpi To Partner With Pharma Giant Eli Lilly In $250 Million Novel Drug Deal

S henzhen-based Xtalpi, an AI-powered drug discoverer, announced Tuesday it has partnered with U.S. pharmaceutical giant Eli Lilly in a deal worth up to $250 million to unearth potential medicines for ...

Posted on 31/05/2023

Crypto here to stay, must be regulated: Hong Kong treasury chief

Hong Kong has decided to let retail investors trade cryptocurrency under its new regulatory regime because "virtual assets are going to stay", the city's minister overseeing financial services said ...

Posted on 31/05/2023

Canada’s top spy agency warns Hong Kong-born lawmaker she is on China’s ‘evergreen’ target list

Hong Kong-born Canadian Parliament member Jenny Kwan said that the Canadian Security Intelligence Service said she is on China's "evergreen" target list.

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