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Posted on 13/04/2024

Beijing’s foreign ministry arm in Hong Kong hits out at US, Canada over travel advisories

Commissioner’s office of China’s Foreign Ministry in Hong Kong says advisories defame city’s national security laws and tarnish human rights situation in city.

Posted on 13/04/2024

CK Asset launches second batch of Blue Coast project to warm reception as Hong Kong home-buying curbs ease

Fifty of the 184 units on offer were sold in the first hour after sales opened Saturday morning, the developer said.

Posted on 13/04/2024

Global talent race: As people flock to Hong Kong’s elite visa scheme, questions emerge on criteria and diversity

The Top Talent Pass Scheme wants to attract the best and brightest “from all over the world”. While tens of thousands of people have come on board, the tally alone doesn’t tell the full story.

Posted on 13/04/2024

Hong Kong Soccer Sevens or Premier League title blockbuster? Clash was unavoidable, FA chief says

HKFC Standard Chartered Soccer Sevens includes the likes of Aston Villa, Newcastle and Fulham, but coincides with potential Hong Kong title decider between Lee Man and Kitchee.

Posted on 13/04/2024

Hong Kong media mogul Jimmy Lai provided HK$1.5 million loan to activists during 2019 demos, court hears

Hong Kong media mogul Jimmy Lai was willing to provide “all kinds of help,” including a HK$1.5 million loan, to activists launching a global advertising campaign in June 2019, the mogul’s national ...

Posted on 13/04/2024

Hong Kong construction site blaze mostly put out after burning for 40 hours

Massive blaze at Housing Society site in Tin Shui Wai brought under control, after marathon effort by firefighters who also deployed drones and robotsAt its peak, fire upgraded to No 4 alarm, second-h ...

Posted on 13/04/2024

Hong Kong’s ailing restaurants ask mainland Chinese operators for survival tips, call on veteran singers to strike a chord with diners

Restaurateurs say they have used every tactic to lure customers, from issuing coupons to hosting small-scale concerts amid drop in business Some have called on seasoned entertainers such as ex-TVB ...

Posted on 13/04/2024

Controversy in Hong Kong involving a Dubai prince-turned-pop star, highlights due diligence missteps

Hong Kong has been drawn into a messy situation worthy of a K-drama involving a mysterious Dubai Prince, Sheikh Ali Rashed Ali Saeed Al Maktoum, his USD 500 million investment in the city, and officials’ failure to do due diligence in ascertaining who ...

Posted on 13/04/2024

Hong Kong digital assets exchange warns over viability of city’s new crypto rules

Digital coins remain highly popular in Hong Kong despite links to a series of freewheeling practices in the past. Sam Bankman-Fried’s FTX was founded in the city, and Hong Kong was also the location of cryptocurrency group JPEX, which has been accused of committing a HK$1.4bn (US$180mn) fraud.

Posted on 13/04/2024

Deutsche Bank prepares to seize Hong Kong, mainland China business upswing while rivals retrench during IPO, deal slump

Our competitors are reducing capacity in Hong Kong and elsewhere,’ says Asia-Pacific CEO Alexander von zur Muehlen. ’That gives us a unique opportunity to operate in a kind of countercyclical way, and ...

Posted on 13/04/2024

Hong Kong Could Approve Spot Bitcoin, Ether ETFs as Early as Monday: Bloomberg

Expectations for Hong Kong to approve the ETF products are seen as one of the biggest market-moving events for the cryptocurrencies in the near term.

Posted on 13/04/2024

Stock market today: Wall Street sinks after a mixed start to earnings reporting season as oil jumps

On Wall Street, Wells Fargo was flat after swinging between gains and losses. It beat analysts' profit targets for the latest quarter in its first report since the Biden administration eased some of ...

Posted on 13/04/2024

Hong Kong to Approve Spot Bitcoin, Ether ETFs as Soon as Monday: Bloomberg

Hong Kong regulators could approve spot ETFs based on Bitcoin (CRYPTO: BTC) and ether as early as Monday, according to Bloomberg, which cited people familiar with the matter. Read the full story at ...

Posted on 13/04/2024

Resilience and reform: Hong Kong adapts to change

2023 was undoubtedly a challenging year for Hong Kong IPO activity. IPO proceeds declined for the third year in a row, falling 33 percent from US$8.5 billion in 2022 to US$5.7 billion in 2023. Hong ...

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