Hong Kong led gains in most Asian markets Monday on hopes China has ended its long-running crackdown on the tech sector after imposing huge fines on the fintech affiliates of Alibaba and Tencent.That ...
China property developer Kaisa faces Hong Kong lawsuit seeking to wind it up
Chinese property developer Kaisa Group said on Monday a winding-up petition has been filed against it in a Hong Kong court in relation to 170 million yuan ($23.50 million) non-payments on onshore ...
HK financial service organisations need to be more creative
Financial services customers want more. New figures from research firm Forrester have found that half of consumers wish their bank was more proactive about giving them advice, and more than half (52 ...
Private bankers at EFG, Bank of Singapore set big targets as Hong Kong offers ‘next big leap’ in wealth management
Family offices will be 'the next big leap' for private banks using Hong Kong as a hub, Gordon Tsui of Hong Kong Securities and Investment Institute says EFG International and Bank of Singapore aim to ...
Alibaba, Tencent fuel best rally in a week in Hong Kong stocks while easier mortgage rules aid property developers
Alibaba Group and Tencent lead a rally on bets Chinese tech giants can look past regulatory hindrance to pursue growth. Developers also advance following measures to ease mortgage financing limits.
Demanding financial targets at Hong Kong firms are a major factor hindering effective cybersecurity defences, Kroll says
Accordig to the kroll survey, 48 per cent of IT security decision-makers at Hong Kong firms said overstretched financial targets were a major reason for cybersecurity mistrust.
Hong Kong Hostel Program Aimed at Tackling Housing Shortage and Political Dissent
The hostel programme, ramped up last year under pressure from Chinese President Xi Jinping, aims to tackling youth frustration with housing.
Hong Kong customs arrests man for allegedly arriving in city with cocaine worth HK$6.9 million hidden in biscuit tins
Hong Kong customs has arrested a 26-year-old man arriving from Macau and seized from his luggage about 6.3kg (14lbs) of suspected cocaine worth about HK$6.9 million (US$868,720) hidden inside four ...
Hong Kong Defends Its Hunt for Dissidents Overseas
The regime’s secretary for security responds to the Journal’s editorial.
Top judge Robert French defends judges sitting on Hong Kong courts despite Beijing crackdown
Former High Court chief justice Robert French has defended Australian judges on Hong Kong’s highest court who are facing pressure to reconsider their position because of China’s erosion of the rule of ...
For Hong Kong’s Youth, Government-Backed Hostels Offer a Smidgen of Housing Hope
Two months ago, he landed a spot at a new so-called "youth hostel", which offers rooms for young adults that are subsidised by the Hong Kong government and can be rented for up to five years. His 22 ...
Hong Kong’s Paul Chan hints at ‘goods news’ after Shanghai trip to woo top tech enterprises
Finance chief says start-ups and technology firms in Shanghai expressed enthusiasm about using Hong Kong as gateway to expand into global market 'I believe that there will be some good news in the ...
The Gloves Are Off: Hong Kong Vs. Singapore And The Fight To Lure Family Offices
Things are heating up between Hong Kong and Singapore and their efforts to attract family offices into their respective jurisdiction.
Pope Francis names 21 new cardinals, including prelates based in Hong Kong and Jerusalem.
Pope Francis has announced he has chosen 21 new cardinals, including prelates from Jerusalem and Hong Kong, places where Catholics are a small minority.