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Posted on 13/09/2024

Hong Kong police arrest 14 syndicate members over alleged laundering HK$230 million

Suspects allegedly laundered money from 43 bank accounts linked to dozens of job and investment scams, with victims losing over HK$18 million.

Posted on 13/09/2024

HKIC invests in Ninenovo, Emaldo, GeneSense to expand Hong Kong’s strategic portfolio

Hong Kong Investment Corporation (HKIC) has identified three projects in biotechnology, sustainable energy and health for investments, as the HK$62 billion (US$8 billion) strategic fund manager ...

Posted on 13/09/2024

Dozens of Hong Kong journalists and some of their families harassed, group says

A Hong Kong's prominent media professional group says dozens of journalists, some of their family members and other associates were harassed this summer ...

Posted on 13/09/2024

Hong Kong journalist group says dozens of journalists harassed

Dozens of Hong Kong journalists and their families have been harassed and intimidated online and in person over the last three months starting from June, the Hong Kong Journalists Association (HKJA) said on Friday.

Posted on 13/09/2024

US district judge in Hawaii sentences ex-CIA officer to prison for spying for China

A former Central Intelligence Officer was sentenced Wednesday to federal prison for conspiring to gather and deliver national defense information for China. Chief U.S. District Judge Derrick K. Watson sentenced 71-year-old Alexander Yuk Ching Ma — who had pleaded guilty in May — to 10 years in prison,

Posted on 13/09/2024

Singapore will ‘mop up’ much of the financial business that is leaving Hong Kong: EIU

The Republic is poised for a stock market revival as Hong Kong takes a back seat. Read more at straitstimes.com.

Posted on 13/09/2024

China mortgage cut is start of confidence rebuild

Chinese policymakers are planning to cut interest rates on existing mortgages by around 80 basis points as soon as this month, Bloomberg reported on Thursday, citing people familiar with the matter.

Posted on 13/09/2024

Hong Kong stocks rise on speculation about mortgage-rate cuts in China

Hong Kong stocks jumped for a second day to a one-week high as mainland developers rallied on speculation about mortgage-rate cuts. The Hang Seng Index added 1.2 per cent to 17,444.27 as of 11.10am ...

Posted on 13/09/2024

Hong Kong Innovative Tech Emerges on World Stage Fueled by HKSTP Global Booster Programme

Hong Kong Science and Technology Parks Corporation (HKSTP) brought its inaugural HKSTP Global Booster Programme to a successful conclusion, marking the end of a ...

Posted on 13/09/2024

China’s Midea to Raise Nearly $4.0 Billion via Hong Kong Listing

Chinese appliance maker Midea has priced its initial public offering at the top end of the guided range to raise nearly US$4.0 billion in what could be Hong Kong’s biggest listing this year. Midea ...

Posted on 13/09/2024

Opinion | A Warning to Business in Hong Kong

Hong Kong is becoming more like Communist China, according to the latest word from the State Department. And no sooner had State issued its warning than two businessmen made public their complaint ...

Posted on 13/09/2024

Hong Kong primed to bring ‘singular and significant value’ to RCEP free-trade pact: John Lee

City leader Lee shares remarks during speech at Hong Kong Asean Summit, an event organised by South China Morning Post.

Posted on 13/09/2024

Hong Kong developers act to cut supply chain emissions in construction, building materials

Major procurement shifts, policy incentives and technical documentation frameworks are required to drive investments, alliance says.

Posted on 13/09/2024

Hong Kong’s Battered Property Market Lures Chinese State Buyers

As Hong Kong’s commercial property slump drags on, Chinese state money has emerged as one of the few pillars of support.

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