Hong Kong’s national security police have arrested a man accused of helping a group of fraudsters allegedly linked to “a local extremist gang” – an apparent reference to a self-proclaimed ...
Hong Kong raises the bar on crypto regulation – Why?
Hong Kong’s Securities and Futures Commission (SFC) has set the standards for Virtual Asset Service Providers (VASPs) “incredibly high.” The SFC wants the crypto industry to match the same compliance ...
Hong Kong online brokerage TOP Financial stock sinks 26%
Shares of Hong Kong-based online brokerage TOP Financial (NASDAQ:TOP) tumbled 26% in afternoon trading Wednesday. TOP shares opened at $6.70, hitting a high of $7.20 in late morning trading before ...
Luxury villa on Hong Kong’s The Peak up for tender, could fetch as much as US$122.5 million
However, Hong Kong's major lenders did not follow suit. HSBC and Bank of China (Hong Kong) kept their best lending rates unchanged at 5.625 per cent, while Standard Chartered kept its prime rate ...
HK’s BEA shares decarbonisation and sustainable development efforts in 2022
The bank was able to cut operational emissions by 29.7%. The Bank of East Asia has reaffirmed its commitment to reach net zero emissions in its operations by 2030 and its financed activities by 2050, ...
MTR Lab, Cyberport invest in Hong Kong logistics start-up alfred24 that offers sustainable delivery solutions
Hong Kong-based logistics technology start-up alfred24 has been chosen as the first investee of a collaboration between MTR Lab and tech hub Cyberport to nurture digital and sustainable solutions in ...
Embattled Chinese property developer Evergrande said it’s reached a restructuring deal with offshore creditors
Embattled Chinese property developer Evergrande on Tuesday said it's reached a restructuring deal with creditors that should allow it to resume operations.
How will Hong Kong react to the Gay Games: Support or suppression?
The Gay Games, an annual global sport and cultural event that promotes gender and sexual diversity, will begin in Hong Kong in November this year. After postponing it for one year thanks to ...
HONG KONG SEVENS BACK AS RUGBY LOVERS CHEER IN HONG KONG STADIUM
As Hong Kong returns to the international stage, Hong Kong Sevens was finally back in the Asian world city in full swing from March 31 to April 2. According to Hong Kong Tourism Board in a statement, ...
Hong Kong restaurateurs, hoteliers predict slow business for Easter break as residents depart for more exotic locales
Hotel and catering industry leaders in Hong Kong are predicting slow business over the Easter long weekend, pointing to a surge in the number of residents heading overseas and the holiday not being ...
Hong Kong’s catering, retail sectors need 100,000 workers, industry heads say, backing imported labour plan despite union objections
Hong Kong last year suffered its biggest drop in the working population ... Simon Lee Siu-po, honorary fellow at Chinese University's Asia-Pacific Institute of Business, said income levels would ...
Hong Kong central bank buys over $905m to shore up currency
HONG KONG (Reuters) -- Hong Kong's de facto central bank bought $7.104 billion Hong Kong dollars worth of U.S. dollars ($905 million) during New York's Monday trading hours to stop the local currency ...
Paper packaging maker Millennium Group stock falls 24% after $5M IPO
Millennium Group International (NASDAQ:MGIH), a maker of paper packaging products in Asia, saw its stock sink 24% in afternoon trading Tuesday after holding a $5M US initial public offering. Shares of ...
Italian financial consultant in Hong Kong duped out of HK$14 million in bogus cryptocurrency investment as part of love scam
Man, 55, had responded to Tinder message from con artist pretending to be female investment broker in Singapore.