Hong Kong authorities arrested four men for a suspected money-laundering syndicate involving HK$1.2 billion ($155 million) with virtual currency. Operation “Coin Breaker” was launched on July 8, and ... ( read original story ...)
Cannes Film Festival, Risking China’s Ire, to Screen Hong Kong Protest Documentary
The film festival’s decision to screen “Revolution of Our Times,” a documentary on Hong Kong’s 2019 pro-democracy protests that was produced in secret, comes as the city expands censorship. ( read original story ...)
Hong Kong’s Booming IPO Market Set for Lift From China Curbs
The tailwinds lifting the Hong Kong bourse’s prospects are blowing from east and west: China is applying heavy scrutiny on overseas listings as well as its homegrown exchanges, sending companies to ... ( read original story ...)
Hong Kong stocks hit two-week high as China injects US$17 billion into slowing economy while Alibaba, Tencent power tech gains
Hong Kong stocks rose to the highest in almost two weeks as China injected liquidity to ease a crunch in the system amid reports showing the economy lost some growth momentum last quarter. The Hang ... ( read original story ...)
Hong Kong shares end higher on policy support hopes
Hong Kong shares ended higher on Thursday, with banks and property firms leading gains, buoyed by hopes for more government policy support after the economic growth in the second quarter missed ... ( read original story ...)
Asia moves: HSBC makes raft of senior hires, Barclays appoints Singapore private banking head, and more
HSBC has made a number of senior hires to its Asian business. Jackie Mau has been named as head of global private banking for mainland China, while Victor Wang becomes Europe, the Middle East & Africa ... ( read original story ...)
Self-censorship hits Hong Kong book fair in wake of national security law
Far fewer politically sensitive titles are on display in the first such event since Beijing imposed sweeping new regulations ... ( read original story ...)
Hong Kong biotech start-up Prenetics plans $1.3 billion SPAC merger
Prenetics is set to merge with Artisan Acquisition, a SPAC, in a deal that will value the new entity at $1.3 billion or more, a source told CNBC. ( read original story ...)
Hong Kong biotech start-up is set to list on the Nasdaq in a SPAC merger
Prenetics is set to merge with Artisan Acquisition, a special purpose acquisition company backed by Hong Kong billionaire Adrian Cheng, a source told CNBC. ( read original story ...)
Business startup base aims to help young entrepreneurs
A new business startup base for young people from Guangdong province and the special administrative regions of Hong Kong and Macao kicked off in the Nansha district of Guangzhou on Thursday. The ... ( read original story ...)
Hong Kong police arrest four over alleged $155 million Tether money laundering scheme
The suspects, aged between 24 and 33, had opened numerous bank accounts to make crypto transactions, Hong Kong authorities said. ( read original story ...)
Hong Kong journalist union says press freedoms ‘in tatters’
Hong Kong's press freedoms are "in tatters" as China remoulds the once outspoken business hub in its own authoritarian image, the city's main journalist union said Thursday, adding it feared "fake ... ( read original story ...)
Want a new life in Vanuatu? Take the lift to the 23rd floor of a skyscraper in Hong Kong
The Pacific Resource Group in Hong Kong facilitated the applications of more than 650 people for passports through the Vanuatu Contribution Program last year ... ( read original story ...)
Hong Kong stocks rise as traders assess China’s GDP momentum while Alibaba, Tencent temper tech losses
Hong Kong stocks rose as traders weighed China's slowing economic growth momentum even as data on factory production and retail sales data beat market estimates. Alibaba Group Holding and Tencent ... ( read original story ...)