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Posted on 17/10/2023

Proposal to transfer over 300 pupils from Hong Kong’s Rosaryhill Secondary School to institution run by Catholic diocese given green light, insiders say

School sponsoring body agreed to option of transferring all students in Form One to Form Five to Yu Chun Keung Memorial College No 2 in Pok Fu Lam, parents told At least half of the teachers at Rosaryhill Secondary School could be retained under the proposal,

Posted on 16/10/2023

Tencent-Backed Logistics Company Seeks To Bag $500M With Hong Kong IPO

J&T Global Express, a logistics firm backed by Tencent, is planning a share offering worth 3.92 billion Hong Kong dollars ($500.80 million) in Hong Kong. As The Wall Street Journal reported, the ...

Posted on 16/10/2023

Hong Kong to sign agreements for three projects worth US$450 million at Beijing belt and road forum hosted by President Xi Jinping

Chief Executive John Lee says agreements part of drive to strengthen city's role in China's international trade strategy Lee is leading 70-strong delegation of top politicians and business figures to the two-day forum,

Posted on 16/10/2023

Hong Kong’s Fight Against Online Banking Fraud: A Multifaceted Approach

In the bustling metropolis of Hong Kong, a silent and insidious crime wave is threatening the security of its digital banking sector. The Hong Kong Monetary Authority (HKMA), the city’s main financial ...

Posted on 16/10/2023

Hong Kong airport authorities stop motorised wheelchair with 11kg of cocaine hidden in cushions

“During customs clearance, customs officers found the batch of suspected cocaine concealed inside the interlinings of the cushions and the back of his check-in electric wheelchair,” a release from the ...

Posted on 16/10/2023

Hong Kong Crypto Exchange OSL Weighs Sale at HK$1 Billion Valuation

Hong Kong’s BC Technology Group Ltd. is exploring the sale of its crypto platform OSL, one of only two exchanges licensed under digital-asset rules the city introduced in June, people familiar with ...

Posted on 16/10/2023

Hong Kong Takes Aim at Banking Fraud as Complaints Surge

Hong Kong’s de facto central bank said it received almost twice as many complaints related to banking fraud in the first nine months of 2023 as it did during the entire previous year. The Hong Kong ...

Posted on 16/10/2023

Hong Kong-based BC Technology Group Mulls Sale of Crypto Platform OSL

In the dynamic world of cryptocurrencies, Hong Kong’s BC Technology Group, a leading player in the ecosystem, is reportedly contemplating the sale of its digital asset platform, OSL. This platform, ...

Posted on 16/10/2023

Hong Kong-Based Crypto Exchange OSL’s Owner Weighing Sale at $128M Valuation: Bloomberg

BC Technology may elect to sell parts of OSL's business rather than the whole entity, according to the report, citing people familiar with the matter.

Posted on 16/10/2023

JUMPSTARTER 2023 Tech by the Harbour to Unveil in Hong Kong This November

Tech by the Habour to showcase startups through virtual reality, light and shadow, and robotics ...

Posted on 16/10/2023

Hong Kong consumer watchdog says complaints over cosmetic tattoos have doubled, warn of injury risk amid growing popularity

Consumer Council says semi-permanent tattoo procedures, such as eyebrow, eyeliner and lip microblading, pose infection risks and potential loss of vision Complaints have increased amid growing popularity of cosmetic tattoos,

Posted on 16/10/2023

Small investors demand tougher action against BNP Paribas, HSBC for illegal short selling

Small individual investors, angered by the recent illegal short selling practices of BNP Paribas and HSBC, have called for more stringent measures to prevent a recurrence, even in the face of ...

Posted on 16/10/2023

As Hong Kong’s currency peg marks 40th birthday with little fuss, some traders dither over its future

Hong Kong’s currency is marking the anniversary of its peg to the US dollar this week with little fuss. Swinging between a loss of 0.01 per cent and a gain of 0.05 per cent on its 40th birthday, the ...

Posted on 16/10/2023

Risk-Advisory Firms Decide Hong Kong Isn’t Worth It

U.S.-based Nardello and other investigation companies are moving employees out of the city as business dwindles and China cracks down.

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