Hong Kong is winning back wealthy Chinese by rolling out the red carpet for the rich, while rival Singapore scrutinises foreign money.
Hong Kong victim loses HK$1 million in new tech support scam widespread in Singapore
Police say scam that led to millions stolen in Lion City recently used on 20 Hongkongers, including two who lost HK$1 million and HK$390,000.
HSBC fined S$4.15M for offering incentives to unregistered intermediaries in MPF scheme
SINGAPORE: HSBC, the largest lender in Asia, has been fined HK$24 million (approx. S$4.15 million) by Hong Kong’s Mandatory Provident Fund Schemes Authority (MPFA). The penalty stems from HSBC’s ...
Singapore’s revamped anti-money laundering measures frustrate wealthy Chinese enough to leave for Hong Kong
These regulatory changes have sparked frustration among wealthy Chinese residents and prompted them to reconsider their financial base ...
Hong Kong Stocks: BYD Secures $1B Deal for EV Factory in Turkey, Targets Europe
In major news on Hong Kong stocks, BYD Co. Limited (HK ... with an annual production capacity of 150,000 units. The production will start by the end of 2026 and is also expected to create around 5,000 ...
While Singapore scrutinises, Hong Kong wins back wealthy Chinese
It’s a shift from the pandemic years when Hong Kong’s strict quarantine and political upheaval led many to flock to Singapore.
Hong Kong judicial review over golf course development to be decided in September
Golf club filed legal challenge last year to overturn environmental impact assessment report that would have paved way for housing project.
5 years ago they protested for freedom in Hong Kong. They want us to remember them
Five years after mass protests disrupted Hong Kong, and were crushed by the government, people who took part are downsizing their dreams and ambitions — but keeping a small flame of hope alive.
Hong Kong property: fire sales dominate 1st-half commercial deals as debt weighs on owners
Distressed commercial property sales accounted for HK$16.8 billion (US$2.1 billion) or 73 per cent of the total deal value in the first half, versus 10 per cent in previous years, CBRE says.
Hong Kong bomb plot defendant claims police forced him to make false statements
Alleged core member of ‘Dragon Slaying Brigade’ alleges police instructed him to memorise names of other defendants and firearm terms.
Hong Kong Ani-Com 2024 to showcase city’s comic culture globally, organiser says
An inaugural Shenzhen edition of the fair in September will also provide a platform for Hong Kong talent go beyond the city’s limited market.
Hong Kong may pave way for Uber as gov’t looks to regulate ride-hailing services
Hong Kong is considering regulating ride-hailing platforms like Uber, with proposals to introduce a new licensing system for such services alongside tougher penalties for those found in breach of the ...
Rich Chinese return to Hong Kong as Singapore steps up regulatory oversight
Hong Kong has benefited from the reopening of its borders in 2023. The city has efficient connections to Shenzhen and the surrounding Greater Bay Area via its high speed rail line. That is attractive ...
China’s central bank is stuck in a policy dilemma
HONG KONG, July 9 (Reuters Breakingviews) - At least traders now know for sure where the People's Bank of China stands. The Central bank said on Monday that it would start intervening in short-term ...