The number of Hong Kong children suffering from myopia hit a record high during the pandemic. Myopia, also called nearsightedness, is when far- away objects look blurry. A study looked at 20,527 ...
Hong Kong Monetary Authority warns against misleading crypto “banks”
The Hong Kong Monetary Authority (HKMA) has issued a stern warning to cryptocurrency-related companies employing misleading nomenclature, particularly those that present themselves as “banks” and ...
Credit Cards in Circulation in Hong Kong Reach 19.71 Million
The Hong Kong Monetary Authority (HKMA), the city's central bank, has released its Q2/2023 payment card statistics, revealing that the total number of credit ...
Hong Kong home price seen falling by 5 per cent after seven major lenders including HSBC, Standard Chartered set to increase mortgage rates
Hong Kong home prices are set to fall by about 5 per cent by the end of this year, analysts say, after seven major lenders, including the three note-issuing banks – HSBC, Standard Chartered Bank, and ...
Hong Kong’s Central Bank Warns Crypto Firms Misrepresenting Themselves as Banks
The Hong Kong Monetary Authority (HKMA) has issued a public advisory warning against crypto businesses that are presenting themselves as "banks" or labeling ...
Hong Kong central bank warns against crypto firms using banking terms
Hong Kong's central bank said that only licensed institutions are authorized to carry out deposit-taking businesses in the region.
Another Hong Kong school announces it will close, citing shrinking school-age population
Precious Blood Primary School (Wah Fu Estate) in Pok Fu Lam says it will stop admitting Primary One pupils in 2025-26 academic year.
Hong Kong will review feedback over nightlife campaign and offer new ideas, finance chief says, as city leader admits spending habits take time to change
Financial Secretary Paul Chan says newly launched 'Night Vibes Hong Kong' campaign will 'create happy memories' for locals and boost visitor numbers, despite criticisms City leader John Lee also ...
Suicide numbers among young people in Hong Kong almost double in less than a decade to record high, study finds
The suicide rate for young people in Hong Kong has almost doubled in the past nine years and the less educated and unemployed face a higher risk, Coroner’s Court figures have shown. The Hong ...
Hong Kong leader vows to focus on housing, land supply and find long-term solutions to issue of subdivided flats
Hong Kong’s leader has vowed to make housing and land supply an ongoing focus of his administration, promising to study long-term solutions to tackle the issue of subdivided flats. Chief Executive ...
Hong Kong bus driver seriously injured and cut free from vehicle, 32 hurt after collision with construction truck
Driver of KMB bus rescued by emergency services and sent to Princess Margaret Hospital after sustaining serious injuries, police say.
Hikers defy safety warnings at Hong Kong’s country parks, venture through debris caused by record black rainstorm
About 25 country park trails and other pathways are still marked as closed following unprecedented 16-hour rainstorm.
Swiss private lender UBP says Hong Kong’s family office incentives are attracting interest from wealthy mainland Chinese, overseas clients
The Geneva-headquartered bank has hired 10 senior bankers to tap wealthy clients in mainland China, Hong Kong, Taiwan and other Asian markets for the setting up of family offices in the city UBP's ...
Hong Kong office landlords grapple with ‘irreversible’ hybrid work trend amid high vacancy rates, supply glut
Flex space provider IWG says it is adding locations rapidly in the Greater Bay Area as property owners seek to capitalise on the trend. Major landlords Hongkong Land and Swire Properties also have ...