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Posted on 15/11/2023

Wooing business leaders and avoiding conflict: What’s on Xi’s agenda as the Chinese leader heads to California

Xi Jinping is making his first visit to the US in six years this week for a highly anticipated summit with US President Joe Biden — where the Chinese leader will likely try to bolster his country’s ...

Posted on 15/11/2023

Hong Kong Based Boyaa Plans to Buy $45 million Worth of Bitcoin As Treasury Reserve Asset

The company anticipates dispatching a circular to shareholders by November 30, detailing the proposed acquisition.

Posted on 15/11/2023

Lufax to acquire Hong Kong virtual lender Ping An OneConnect Bank for US$119.5 million

While Lufax lends to small businesses on the Chinese mainland, PAOB offers virtual banking services primarily to small and medium-sized enterprises (SMEs) in Hong Kong. An overlap in services and ...

Posted on 14/11/2023

Hong Kong stocks drop as new signs of China recovery weakness challenge fund managers’ view that sell-off overdone

Some fund managers are keeping their bullish view on cheap Chinese stocks after months of sell-off, while reports showed weak economic recovery with the latest credit data falling short of market ...

Posted on 14/11/2023

Hong Kong lending market rebounds, but bad loans also rise: study

Hong Kong’s lending market is witnessing a recovery in loan demand, but face risks from rising bad loans, according to a study by credit referencing agency TransUnion. The study, which polled hundreds ...

Posted on 14/11/2023

Hong Kong’s Greater Bay Airlines: What You Need To Know

G reater Bay Airlines is Hong Kong's latest airline startup. It was unfortunate to try to start services just as the pandemic hit Hong Kong air traffic. Despite a delayed start in July 2022, it now ...

Posted on 14/11/2023

Hong Kong launches academy for wealth legacy as finance secretary hails city’s ‘thriving’ family office sector

Some of the richest families in the city and the wider region attended a ceremony to launch the Hong Kong Academy for Wealth Legacy (HKAWL) in Tsim Sha Tsui.

Posted on 14/11/2023

Hong Kong lecture by British barrister linked to Jimmy Lai trial cancelled

Timothy Owen, who was blocked from representig the activist Jimmy Lai, was due to give a talk on law and democracy ...

Posted on 14/11/2023

Hong Kong residents panic-buying bedbug insecticides amid fears of global outbreak

Hong Kong residents have started panic-buying bedbug insecticides over fears of an outbreak, local media reported. Last week, Hong Kong authorities started distributing bedbug warning leaflets to ...

Posted on 14/11/2023

Beijing bishop makes historic visit to Hong Kong amid China-Vatican tensions

Experts said that Joseph Li's five-day tour was a symbolic gesture that could strengthen the fragile relationship between China and the Vatican.

Posted on 14/11/2023

Hong Kong police arrest 21 people in crackdown on prostitution gang recruiting mainland Chinese sex workers for brothels

Hong Kong police have arrested 21 people in a crackdown on a prostitution syndicate that brought in sex workers from mainland China to work in brothels in Kwun Tong. Chief Inspector Kai Tsz-lun on ...

Posted on 14/11/2023

University of Hong Kong cancels talk by UK lawyer Timothy Owen barred from representing Jimmy Lai in collusion trial

Law faculty website shows lecture titled ‘Judges, Democracy and the Criminal Law’ original slated for Friday has been cancelled.

Posted on 14/11/2023

Fintech redefined: why Islamic finance matters to the development of Hong Kong’s fintech ecosystem

At Hong Kong FinTech Week, panelists shared their views on the capacity for fintech developments to improve regulatory and ethical standards, including ESG, across Asia’s financial markets.

Posted on 14/11/2023

Hong Kong antitrust watchdog launches legal action against 2 major property agencies and their top management over commission rate fixing

Competition Commission says it is taking Midland Realty and Hong Kong Property Services (Agency) to court over directing agents to charge minimum net commission rate.

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