A slowdown in public markets has hurt demand for office leasing in Hong Kong, but a turnaround in deal activity with a boost from blockbuster listings could improve the prospects for the second half ...
Hong Kong arrests 7 for money laundering HK$111M, including via crypto
The police disclosed that the money-laundering syndicate began recruiting individuals in 2022, compensating them with varying amounts of Hong Kong dollars to establish bank accounts. Those recruited ...
China Property Stocks Lead Hong Kong Market Slump
A cash crunch at China's largest surviving property developer rattled Hong Kong's stock market on Tuesday, sending the benchmark Hang Seng Index down 1.8%. Country Garden Holdings said it missed coupon payments that were due Monday on two U.
Hong Kong Airlines just gave away almost 10,000 free plane tickets
Hong Kong Airlines has issued 9,800 plane tickets to be distributed among Hong Kongers, free of charge, as part of a governmental campaign to encourage overseas tourism, media reported on Monday.
Why Hong Kong Wants to Be a Hub for the Crypto Sector
Hong Kong wants to become an international crypto hub even as jurisdictions like the US cast a wary eye on the sector. In August, the first licenses were issued under a new system to regulate crypto exchanges offering trading in tokens like Bitcoin and Ether.
Hong Kong’s business, labour sectors welcome government bid to amend worker protection rule exploited by employers
Employers have taken advantage of loopholes in '418' regulation, lawmaker Chau Siu-chung says Under the rule, those working for same employer for four consecutive weeks or more for at least 18 hours ...
China Stocks in Hong Kong Drop During Growing Economic Strains
Chinese stocks in Hong Kong tumbled as disappointing trade data added to investor concerns about the strength of the economic recovery and as worries about the real estate sector intensified.
6 must-see art exhibitions in Hong Kong this August
August, the hottest month in Hong Kong, is an ode to summer. As evidence of this, three art exhibitions from our list are summer-themed.
Hong Kong police arrest 1 suspected core syndicate member and 6 bank account holders on suspicion of laundering HK$111 million
Seven people were rounded up in connection with laundering more than HK$111 million (US$14 million) in suspected crime proceeds through 48 bank accounts in Hong Kong in a crackdown on a criminal ...
Billionaire-Backed Fintech Becomes Hong Kong’s Latest Unicorn With $458 Million Round, Baillie Gifford Joins As A New Investor
The funding round, which values the two-year-old startup at $1.7 billion, included participation from Lenovo Capital, Vectr Fintech and Dara Holdings.
Hong Kong buries dead whale earlier spotted alive in city’s waters, carcass treated with chemicals before process
Bryde’s whale had been talk of the town for many whale-watchers who used chartered vessels in July to view it, but animal later found dead.
HSBC executive apologizes for calling the UK ‘weak’ over China
A top executive at HSBC has apologized after reportedly calling the UK government “weak” over its dealings with China, in another sign of the political tightrope the British bank has been made to walk ...
HSBC exec slams ‘weak’ UK for siding with US against China, drawing backlash from MPs
Coles, the bank’s head of public affairs, apologised for ‘any offence caused’ by his ‘personal comments’, made at a closed door event in London.
Credit Suisse to cut 80% of Hong Kong investment bank jobs: Report
Nearly 80% of investment banking staff of Credit Suisse in Hong Kong is likely to be laid off this week, as part of the bank's integration with UBS Group, Reuters reported ...