Eight people were sent to hospital and 170 evacuated after a fire broke out in a residential building in Hong Kong’s Mong Kok district on Friday morning. Police said they received reports of a blaze ...
Hong Kong authorities can bring back property cooling measures if necessary, says finance chief Paul Chan
Finance chief says government will keep an eye on the sector, after surprising the market with the removal of all cooling measures in Wednesday’s budget speech.
Hong Kong’s Li Ka-shing donates HK$120 million to Stanford University to nurture entrepreneurs, pioneer disease therapies
Billionaire, 95, praises university institute championing new generation of entrepreneurs and backs research of two prominent scholars to fight diseases ...
ZD Energy plans IPO in HK
Shanghai-based electric vehicle (EV) charging systems manufacturer Zhida Technology Development (ZD Energy) plans to launch an initial public offering (IPO) in Hong Kong later this year to raise ...
Florida man pleads guilty to trafficking thousands of turtles to Hong Kong, Germany
A Florida man, who owns a reptile shop, pleaded guilty in federal court Wednesday for trying to illegally export thousands of wild-caught turtles to Hong Kong and Germany, court records show.
Hong Kong’s crypto licensing scheme attracts less interest than Singapore with 24 applicants day after deadline
The SFC saw a jump in last-minute applications, but the number of applicants so far falls far short of the 70 that Singapore saw after a similar regulation.
JPMorgan picks HSBC, StanChart to run $500 bln custody business in Hong Kong, Taiwan
JPMorgan Chase has selected HSBC and Standard Chartered to operate its custody businesses in Hong Kong and Taiwan, with assets worth more than $500 billion, a spokesperson for the U.S. bank said.
JPMorgan (JPM) Picks Firms for Hong Kong, Taiwan Custody Business
JPMorgan JPM has chosen HSBC Holdings plc HSBC and Standard Chartered PLC SCBFF to run its custody businesses in Hong Kong and Taiwan. The news was reported by Reuters. A spokesperson for JPM said ...
Hong Kong’s smart mobility push sparks fresh investment in green modes of transport including sky shuttles, hydrogen buses and robot trucks
"Under the Smart City Blueprint for Hong Kong 2.0 published in 2020, it is the government's ambition to embrace innovation and technology to build a world-renowned smart Hong Kong, characterised by a ...
Hong Kong’s Growing Internet Censorship Threatens Its Financial Hub Status, Warns Top US Diplomat
The diplomat highlighted the government's efforts to remove the protest song "Glory to Hong Kong" from the internet, as well as the blocking of certain websites, as examples of the increasing censorsh ...
‘Worst is over’ for Hong Kong property even though sales dropped to four-month low in February, analysts say
The same day, the Hong Kong Monetary Authority (HKMA) also relaxed its mortgage policies to allow homebuyers to borrow more for buying properties. NWD to tap improved sentiment by bringing property ...
New World sells its interest in D-Park mall in Tsuen Wan to rival Hong Kong developer Chinachem for US$510 million
New World Development (NWD) has agreed to dispose of its shopping centre and parking spaces in Tsuen Wan, selling them to rival Hong Kong property company Chinachem Group for HK$4.02 billion (US$510 ...
Crypto hub Hong Kong, APAC exchanges’ bull run, China’s CBDC bridge: Asia Express
Hong Kong remains firm on the exchange registration deadline, and APAC exchanges see record volumes amid the crypto bull run.
Hong Kong property curbs scrapped, Taylor Swift deal questioned, China’s durian king: SCMP’s 7 highlights of the week
From property curbs in Hong Kong being scrapped to the intensifying durian market in China, here are a few highlights from SCMP’s recent reporting.