Stablecoins have the ability to expand their usage in the real financial economy, according to industry experts.
Hong Kong MPF on course for best return in 4 years this year; outlook ‘positive’ for 2025
MPF Ratings says ‘members may be tempted to have a US bias in their portfolio, but diversification is important’.
Hong Kong Fund Ups Stake in Kobayashi Pharma
Hong Kong-based activist investor Oasis Management has increased its equity stake in Japan's Kobayashi Pharmaceutical, rocked by a high-profile health hazard scandal over its supplements containing ...
Hong Kong’s Community Chest feels the pinch as cracks in economy, markets hit donations
But cracks in the economy in recent years have affected donations to The Community Chest of Hong Kong, which collects funds to support various social welfare causes in the city. The non-profit ...
Will Hong Kong celebrities like Chow Yun-fat find buyers for their luxury homes in 2025?
Luxury property prices to rise as much as 5 per cent next year, with rents also set to increase by the same level, Ricacorp's Derek Chan says Celebrities like Chow Yun-fat may have had to slash prices ...
Activists’ trial leaves a stain on Hong Kong. It can’t be business as usual.
The unjust sentencing of 45 pro-democracy politicians and activists tarnishes the city.
Hong Kong Legco president defends delegation’s Tokyo duty visit amid cost concerns
Eight-member delegation travelled to Japanese capital for four-day visit with budget capped at an estimated HK$250,000.
Beijing lashes out at Western criticism of Hong Kong bounties on 6 activists
Foreign ministry hits out at ‘blatant attacks and smears on the legitimate law enforcement actions of the Hong Kong police by certain countries’.
Hong Kong’s Hung Wan Cafe closes down for good on Christmas Day
Decades-old cha chaan teng famously seen in many films pulls down its shutters for the final time and bids farewell to last customers.
Biden signs Pentagon budget bill that extends sanctions on Hong Kong officials
US President Joe Biden has signed key legislation into law that extends for another five years the Hong Kong Human Rights and Democracy Act of 2019, including its sanctions on key Chinese officials. On Monday,
Art adviser investigating after Hong Kong lawsuit says US$1 million painting is fake
South Korean Choi Eun-ha filed lawsuit in Hong Kong after auction house told her painting by renowned Korean artist Lee Ufan was forgery.
‘Hong Kong has little to offer,’ residents staying home for Christmas say
Young families were among those who queued up at the West Kowloon Cultural District on Christmas Day for activities such as the Big Bounce Hong Kong, the world’s largest touring inflatable event. The ...
China, HK stocks gain as banks extend rally; chips also gain
China’s four biggest state-owned banks - Industrial and Commercial (ICBC), Bank of China (BOC) China Construction Bank (CCB) and Agricultural Bank of China (ABC) - gained between 0.3% and 1% to hit ...
Hong Kong to tap drone use in healthcare
Hong Kong has the potential to make use of drones in healthcare and draw experience from the mainland, according to an industry leader. Sources say