The appointment of the special investigator marked an escalation in the Hong Kong government’s crackdown on financial malfeasance, as it burnishes its credibility as Asia’s financial hub. ( read original story ...)
24 Hong Kong domestic helpers arrested in money-laundering crackdown after opening bank accounts used to wash illicit funds
The domestic workers, allegedly paid to open bank accounts then hand over the ATM cards, were among a group of 29 arrested in a series of raids on Monday and Tuesday. ( read original story ...)
Hong Kong court convicts first person charged with violating new national security law
The Hong Kong High Court convicted a former waiter of "terrorism" and "inciting secession" in the first trial conducted under a national security law that was imposed by China to stamp out ... ( read original story ...)
China Prepares New Anti-Sanction Laws for Hong Kong and Macau
The new rules could bar foreign entities and individuals in the cities from complying with sanctions against China. ( read original story ...)
Hong Kong police warnings of terrorist threat met with scepticism
A policeman stabbed almost to death on the anniversary of Hong Kong’s handover from the UK to China. A group of youths as young as 15 accused of planting explosives around the city. Hong Kong’s role ... ( read original story ...)
Routine police identity check ends in seizure of HK$76 million worth of heroin and crystal meth in Hong Kong
A routine identity check on a Hong Kong street led police to the seizure of narcotics worth HK$76 million (US$9.77 million) and the arrest of a suspected drug trafficker on Tuesday. The 86kg (190 ... ( read original story ...)
Hong Kong’s Hang Seng index up more than 1% following two-day rout; Asia stocks mostly fall
Shares in Asia-Pacific were mostly lower in Wednesday trade, with stocks in Hong Kong bouncing back partially from a two-day rout. ( read original story ...)
Hong Kong creative industries in need of a boost
If there is anything indicative of Hong Kong's soft power, it would probably be the television, film and Canto-pop industries. They have helped put the city on the global map of pop culture, with ... ( read original story ...)
Tokyo Olympics: More celebrations as Hong Kong swimmer Siobhan Haughey wins silver medal
The swimmer took second place in the women’s 200m freestyle; she is the second athlete from the city to take home a prize from the 2020 Games. ( read original story ...)
Cryptocurrency exchange Binance wants to ‘be a financial institution’, seeks licences to undo regulatory red flags
Binance, the world’s largest cryptocurrency exchange, said it was seeking licences and multiple headquarters in response to a slew of warnings issued in several jurisdictions this year. ( read original story ...)
Swimming-Haughey makes history for Hong Kong with silver medal
Siobhan Haughey won Hong Kong's first Olympic swimming medal by taking silver in the 200m freestyle on Wednesday and said she hoped her achievement in Tokyo would inspire the next generation of ... ( read original story ...)
Fashion Label Maker SML Considers Hong Kong IPO
SML Group Ltd., a garment label maker for fashion and retailers, is weighing a Hong Kong initial public offering as soon as next year, according to people familiar with the matter.The Hong Kong-based ... ( read original story ...)
Ping An Launches Pilot of Digital RMB Insurance Policies with Bank of China in Shenzhen
Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) announced that Ping An Property & Casualty Insurance Company of China, Ltd. has issued the first batch of digital ... ( read original story ...)
China’s regulatory crackdown a drag on HK’s IPO pipeline – bankers
Hong Kong's buzzing IPO pipeline is likely to taper off in the second half of 2021, as Chinese firms temper their expectations for valuations amid a drastic regulatory crackdown in the mainland, ... ( read original story ...)