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Posted on 12/06/2024

Hong Kong Mints Art Basel Partnership, Battling Tourism Decline

Art Basel and the Hong Kong Tourism Board have inked a three-year global partnership to promote the Chinese city’s arts and culture at the firm’s fairs, starting with its Paris edition in October.

Posted on 12/06/2024

Hong Kong issues first AI data protection guidelines, promises more compliance checks

The city's privacy watchdog issued a framework for using personal data with generative AI and recommended firms set up a governance committee Hong Kong's privacy watchdog has issued the city's first set of personal data protection guidelines for businesses using generative artificial intelligence (AI) services,

Posted on 12/06/2024

Hong Kong: No Accountability 5 Years after Mass Protests

The Chinese government has suppressed fundamental freedoms in Hong Kong in the five years since protesters began occupying city streets on June 12, 2019 and staged months’ long pro-democracy demonstrations,

Posted on 12/06/2024

Volleyball Nations League in Hong Kong: China start with win to keep Olympic hopes alive

China returned to winning ways at the Volleyball Nations League in Hong Kong with a commanding performance against Bulgaria on Tuesday. Needing to improve on their patchy results in the league’s previous leg in Macau to keep their Olympic qualifying ...

Posted on 11/06/2024

Hong Kong buyer’s market for flats persists as Sun Hung Kai offers homes at 17% discount

New batch of homes in Novo Land priced well below previous offerings in the same project, as developers continue bargain offerings to clear inventory.

Posted on 11/06/2024

China’s Dexin ordered to liquidate by Hong Kong court

Dexin joined the growing ranks of Chinese developers under pressure from creditors in the aftermath of a years-long crisis in China's property market. Trading of the firm's Hong Kong-listed shares was ...

Posted on 11/06/2024

Hong Kong Rule of Law in ‘Grave Danger,’ Quitting Judge Says

A prominent UK judge who resigned from Hong Kong’s top court has warned of “grave danger” to the finance hub’s coveted legal system, in a scathing critique of China’s crackdown on dissent in the city.

Posted on 11/06/2024

Hong Kong Mogul Parts With His Spectacular Custom Superyacht After 18 Years

A serial yacht owner and a visionary, the Hong Kong millionaire entrepreneur bought his first luxury yacht back in 1990 and gradually moved to bigger, more innovative, custom pleasure craft. At the time of its launch in 2006, Ambrosia was rumored to have ...

Posted on 11/06/2024

China property crisis: Dexin joins list of developers ordered to liquidate in Hong Kong

are seeking to negotiate with their offshore creditors to avoid being liquidated when they come before the Hong Kong courts in the next couple of weeks. Founded in 1995, Dexin China focused mainly on ...

Posted on 11/06/2024

QuantumPharm becomes Hong Kong’s third-largest IPO of 2024 after pricing shares at HK$5.28

Tencent-backed QuantumPharm, an artificial intelligence (AI) drug researcher, has become Hong Kong's third-largest listing of the year after pricing its initial public offering (IPO) at the low end of ...

Posted on 11/06/2024

HSBC adds over 300 to China headcount with Citi wealth acquisition

HONG KONG (Reuters) -- HSBC said on Tuesday it had boosted its headcount in China by more than 300, as the Asia-focused lender completed the acquisition of Citigroup's consumer wealth portfolio in the ...

Posted on 11/06/2024

China announces first astronaut candidates from Hong Kong, Macau

China on Tuesday announced the first astronaut candidates from its special administrative regions of Macau and Hong Kong, with the latter calling it a "glorious page" in the city's history. Beijing has invested billions of dollars in its military-run space ...

Posted on 11/06/2024

Chinese Developer Dexin Ordered To Liquidate By Hong Kong Court

A Hong Kong court ordered the liquidation of Chinese developer Dexin on Tuesday, according to a report, making it the latest firm to be hit with such an order as the sector struggles with a ...

Posted on 11/06/2024

Hong Kong Rule of Law in ‘Grave Danger,’ Quitting Judge Warns

A prominent UK judge who resigned from Hong Kong’s top court has warned of “grave danger” to the finance hub’s coveted legal system, in a scathing critique of China’s crackdown on dissent in the city.

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