Deepfake Scam A multinational company was scammed out of $25.6 million by hackers who fooled employees at the company's Hong Kong branch into believing their digital recreation of its chief financial ...
Hong Kong stocks jump, China’s CSI 1000 logs historic rally amid market intervention as regulator pledges to stem rout
Hong Kong stocks jumped by the most since July while onshore equities logged a historic gain. Market regulator in Beijing pledged fresh measures to stop the rot, and the sovereign wealth fund made its ...
Hong Kong Sells $750 Million of Digital Green Bonds
The government of Hong Kong sold $750 million of digital green bonds across four currencies as the city works to boost its role as a digital-asset hub. Most Read from BloombergXi to Discuss China Stoc ...
Exiled HK activist Ted Hui handed bankruptcy order
The 41-year-old is among several overseas activists targeted last year by police bounties of HK$1 million each.
Chinese indices surge 3% as rescue efforts bring cheer; Hang Seng soars 4%
Chinese regulators tightened measures for domestic and foreign institutional investors in stem the stock market rout after China's benchmark CSI 300 slumped to a 5-year low last week ...
Hong Kong savings safety net to expand by 60% to protect US$102,270 in event of bank failures
The Hong Kong Deposit Protection Board aims to have the change implemented by the fourth quarter of this year Protection level will be in line with UK and Germany, higher than mainland China and ...
Hong Kong Government Markets Multi-Currency Digital Green Bonds
the Hong Kong dollar, the US dollar, and the euro, respectively, with the size of the issuance to be determined, according to people familiar with the matter who requested anonymity discussing private ...
HSBC Holdings PLC ADR HSBC
HSBC has cost advantages and significant intangible assets in its core market of Hong Kong that help it generate strong earnings there even when the local economy is weaker. HSBC has operations in ...
Hong Kong to Raise Protection on Bank Deposits to HK$800,000
Hong Kong will raise its guarantee on bank deposit savings to HK$800,000 ($102,000) starting at the earliest in the fourth quarter of this year to provide a better buffer during times of stress. At a ...
Hong Kong stocks lifted by regulator pledge to stem the rout and stepped-up buying by China sovereign wealth fund
Hong Kong stocks rose on Tuesday after CSRC pledged a slew of measures to stem the rout and the nation’s sovereign wealth funds boosted buying of onshore shares.
Hong Kong needs to more closely vet private sector event promoters who get public funds in wake of Lionel Messi anger, analysts say
Lawmaker Elizabeth Quat says events that leave fans disappointed risk reputational damage as well as public cash Tatler Asia announces it will withdraw its HK$16 million application for government ...
AI scammer deepfaked CFO of company, scammed $25.6 million in a single meeting
This thief used AI deepfake technology where he faked being the Chief Financial Officer (CFO) of the UK branch, scamming $25.6 million USD.
Markets mixed after Wall St losses, Shanghai and Hong Kong rally
Asian markets were mixed Tuesday following a drop on Wall Street, though Shanghai and Hong Kong were lifted by a pledge by authorities to boost investment in a range of stocks as they look to staunch ...
Hang Seng Bank names new risk committee chairman
Kenneth S Y Ng is stepping down from the role. Hong Kong’s Hang Seng Bank has named Xiao Bin Wang as the new chairman of its risk committee, effective from the end of the annual general meeting in May ...