According to police investigation, some of the money was used for purposes other than those claimed by its organiser Hong Kong’s High Court has issued a confiscation order allowing police to seize ... ( read original story ...)
Hong Kong Monetary Authority Posts Information on “Pilot Scheme on Training Subsidy for Fintech Practitioners”
The Hong Kong Monetary Authority (HKMA) has posted details of its "Pilot Scheme on Training Subsidy for Fintech Practitioners." ... ( read original story ...)
Leapmotor raises $800 Million in Hong Kong IPO
Leapmotor priced the offering at HK$48 per share, the bottom of its marketed range, said the people, who asked not to be identified as the information is private. The company marketed 131 million ... ( read original story ...)
Hong Kong to end mandatory COVID hotel quarantine for travelers
Hong Kong’s leader announced Friday that the city would no longer require incoming travelers to quarantine in designated hotels, as it seeks to remain competitive and open up globally after ... ( read original story ...)
Hong Kong Says It Will Scrap COVID Hotel Quarantine
Hong Kong said it will scrap its controversial COVID-19 hotel quarantine policy for all arrivals beginning Monday, more than 2.5 years after it was first implemented, in a long-awaited move for ... ( read original story ...)
Coronavirus: switch to ‘0+3’ scheme right move, but much more needs to be done, leading Hong Kong business lobby says
Hong Kong General Chamber of Commerce praises end to hotel quarantine for arrivals but says all travel curbs must end and the mainland border fully reopened. ( read original story ...)
Can Hong Kong Regain its Premier Digital Asset Hub Status?
There have been calls by entrepreneurs and investors in Hong Kong towards the government, urging it to be supportive ... ( read original story ...)
Evergrande crisis: receivers put Hong Kong trophy headquarters building on market as lenders run out of patience
Evergrande can only watch as receivers of its Hong Kong headquarters building in Wan Chai engage Savills to put the asset on the market to recover debt. ( read original story ...)
Travel Plays Fly On Hong Kong & Macau Reopening, PBOC Pumps Brakes On CNY Depreciation
Asian equities were off with an emphasis on growth stocks except for Hong Kong, as internet stocks outperformed. ( read original story ...)
Coronavirus: Hong Kong’s ‘0+3’ scheme is here, but travellers are not. Industry observers say impact of relaxed border measures will take time
City ended mandatory hotel quarantine for overseas arrivals on Monday, but popular spots still largely visited by locals Retailers worry business will now suffer even more as Hongkongers look to ... ( read original story ...)
How Hong Kong homebuyers have seen their purchasing power shrink by HK$1 million since January
The erosion in buying power comes after increases in both the Hibor and banks' prime rates HKMA on Friday relaxed its stress-test requirements for new mortgage borrowers by 100 basis points Owning a ... ( read original story ...)
Hong Kong Mortgage Costs Spiking With 97% on Floating Rates
Almost all homebuyers in the world’s least affordable housing market are tied to a floating interest rate, making the city’s property market among the most vulnerable to tightening monetary policies. ( read original story ...)
Fintech start-up KPay completes US$10 million financing
Fintech start-up KPay Merchant Service Limited ( KPay ) is pleased to announce that it has completed a US$10 million financing round, with the support of its founders. KPay has developed rapidly since ... ( read original story ...)
Airlines add flights to Hong Kong but the aviation hub won’t be back to normal anytime soon
International airlines are scrambling to add more flights to Hong Kong as the city ends two and a half years of quarantine measures, leading to a surge in demand for travel. ( read original story ...)