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Posted on 19/12/2024

Hong Kong arrests 25 people, identifies 14 ‘unscrupulous’ agencies amid university admissions fraud crackdown

The 25 arrests were made over the past three years. Eight have been charged - with three convicted - while the rest are still under investigation.

Posted on 19/12/2024

BOC HONG KONG: US Inflation to Slow Down; US Bond Rates Expected to Rebound in Stages

The US Fed announced the results of its monetary policy meeting on Wednesday (19th), cutting interest rates by 0.25% as expected, but the future rate cut pace is slower than the market consensus. The ...

Posted on 19/12/2024

Hong Kong IPO: actor Roger Kwok’s Herbs Generation jumps 25% on debut

The healthcare company’s shares were oversubscribed 6,083 times as its shares were priced at the low end of its range at HK$3.75.

Posted on 19/12/2024

Hong Kong central bank cuts interest rate, tracking US Fed move

THE Hong Kong Monetary Authority (HKMA) on Thursday (Dec 19) cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75 per cent, tracking a move by the US Federal ...

Posted on 19/12/2024

Hong Kong central bank cuts interest rate tracking Fed move, banks follow

The Hong Kong Monetary Authority (HKMA) on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75%, tracking a move by the U.S. Federal Reserve. Major ...

Posted on 19/12/2024

Best things to see and do in Hong Kong: A must-visit destination for 2025

Anyone who’s anyone knows that 2025 is the year of the Hong Kong sojourn. Whether you’re looking for a destination that boasts it all, or you’re keen to break up your long-haul adventure by having a holiday within a holiday,

Posted on 19/12/2024

Hong Kong could try an evolved approach to workfare, like Singapore

Readers discuss unemployment support, the call for 'integration', and the current sad state of the Airport Express Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at letters@scmp.

Posted on 19/12/2024

HSBC to cut best lending rate in Hong Kong by 12.5 bps to 5.25%

HSBC Holdings said on Thursday it will cut its best lending rate in Hong Kong by 12.5 basis points to 5.25% from 5.375%, effective Dec. 20. That followed a 25 basis points cut in the base rate charged ...

Posted on 19/12/2024

Hong Kong demand for flexible office space grows as market in Singapore slumps: report

Bengaluru and Makati are the hottest spots as demand surged by 107 and 47 per cent, respectively, according to a study.

Posted on 19/12/2024

Hong Kong Watchdog Searches Finance Firms’ Offices in Listings Probe

Hong Kong’s securities watchdog last month searched the offices of about a dozen finance firms and individuals as part of a probe of company listings on the Nasdaq Inc. exchange, according to people ...

Posted on 19/12/2024

Hong Kong demand for flexible office space grows as market in Singapore slumps

Bengaluru and Makati are the hottest spots as demand surged by 107 and 47 per cent, respectively, according to a study Demand for flexible office space in Hong Kong grew this year as a three-year ...

Posted on 19/12/2024

Hong Kong central bank cuts interest rate, tracking Fed move

The Hong Kong Monetary Authority (HKMA) on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75%, tracking a move by the U.S. Federal Reserve.

Posted on 19/12/2024

Hong Kong Approves Four New Crypto Exchanges, ‘Positioning Itself As A Key Hub,’ Expert Says

Hong Kong's securities regulator has approved four new cryptocurrency exchanges, marking a significant step in the city's efforts to position itself as a digital asset hub. What Happened:The approvals ...

Posted on 19/12/2024

Hong Kong’s Family Office Evolution: Building Bridges With The Middle East Through Legacy And Innovation

“Hong Kong is already excellent at serving corporate and family wealth. When a family sets up a family office here,” Fong says, “they can easily expand their business into China or reach international ...

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