a virtual bank in Hong Kong. With this integration, Mox customers can now “access low-cost, transparent and lightning-fast global money transfers, directly from their Mox app.” Powered by Wise ...
Hong Kong to punish dissenters with harsher prison sentences
A new national security bill put forward by the Hong Kong government sets out longer jail terms for “sedition” and life sentences for “insurrection”, bringing the city more closely in line with ...
Hong Kong sees uptick in IPO applications year to date with interest rates poised to decline, HKEX CEO says
HKEX received 30 per cent more IPO applications so far in 2024, with start-ups eyeing capital raising as interest rates turn a corner, says newly-appointed CEO Bonnie Chan.
Hong Kong’s Central Bank Announces New Wholesale CBDC to Support Tokenization Market
Hong Kong's central bank announced the start of a wholesale central bank digital currency (wCBDC) project to support the development of the tokenization market. Project Ensemble will "seek to explore ...
Hong Kong’s finance chief Paul Chan reluctant to review tax regime as society already facing tough times because of geopolitics
Hong Kong’s finance chief has revealed for the first time that he has been reluctant to review the city’s tax regime despite the huge deficit because of a difficult external environment and ...
Hong Kong unveils its second national security law, aligning city more closely with mainland China
Hong Kong’s government unveiled a new suite of powerful national security laws on Friday that critics and foreign governments warn could deepen the ongoing crackdown in the city and further undermine ...
Hong Kong introduces new national security draft bill with tougher penalties to stifle dissent
Hong Kong, a booming business hub, has come under the scanner as authorities launched a crackdown on dissent in the semi-autonomous city. This crackdown began after violent pro-democracy protests in ...
Hong Kong’s new national security bill includes stiff penalties and more powers to suppress dissent
Hong Kong unveiled a proposed law that threatens life imprisonment for residents who "endanger national security" on Friday, deepening worries about erosion of freedoms.
Hong Kong issues new national security law bill with tougher jail terms
Hong Kong on Friday published its draft of a new national security law, a document some lawyers said broadened what could be considered sedition and state secrets, with tougher penalties for any one ...
Treason could mean life sentence under new Hong Kong national security law
Debate has begun on Article 23 – legislation designed to bring laws closer to those of mainland China ...
Fears grow for Hong Kong’s finance hub status under proposed security law
HONG KONG – As Hong Kong fast-tracks a new national security law, the legislation and questions about its implementation have raised fears among the business community. The draft Bill, introduced at ...
Hong Kong issues new national security law bill, raising rights concerns
The Hong Kong government on Friday published its draft of a new national security law, a document being closely scrutinised by some foreign diplomats, lawyers and businesses amid fears it could ...
Hong Kong to fast-track tough new national security law
Article 23’ bill fuels concerns of civil liberties being eroded as territory becomes aligned with mainland China ...
Hong Kong proposes new security bill with life imprisonment for ‘treason’ and ‘insurrection’
Hong Kong on Friday unveiled a draft security bill proposing up to life imprisonment for offences such as "insurrection" and "treason." ...