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Posted on 11/07/2023

‘Unacceptable’: Hong Kong’s small auditors are cutting corners, threatening to undermine city’s finance hub status, says accounting watchdog

Their attitude in compromising audit quality either by impaired objectivity or by cutting corners is unacceptable,' says regulator's head of inspection Edmund Wong, a lawmaker for the sector, said ...

Posted on 11/07/2023

Hong Kong justice chief lodges professional misconduct complaints against two activist lawyers on police wanted list

Secretary for Justice Paul Lam reports barrister Dennis Kwok and solicitor Kevin Yam to their governing bodies over national security allegations ...

Posted on 11/07/2023

Hong Kong govt pressures banking giants to accept crypto clients: Report – Cointelegraph

Hong Kong’s central bank reportedly asked major banks — including HSBC, Standard Chartered and Bank of China — why they aren’t accepting crypto exchanges as clients. The Hong Kong Monetary Authority ...

Posted on 11/07/2023

Hong Kong national security law: justice minister slams foreign media for painting legislation as ‘draconian’, insists it’s business as usual in city

Hong Kong’s justice minister on Tuesday accused foreign media of portraying the national security legislation as a “draconian law that should be feared by all”, insisting it was business as usual in ...

Posted on 11/07/2023

Hong Kong plans widespread ban of Japanese sea products

Hong Kong leader John Lee on Tuesday said the city will ban seafood products from a large number of Japanese prefectures if Tokyo goes ahead with a plan to discharge treated radioactive water from the ...

Posted on 11/07/2023

Singapore-based medical firm Genesis MedTech weighs up to US$500 million HK IPO: sources

GENESIS MedTech Group, a medical device company, has selected advisers for a potential initial public offering (IPO) in Hong Kong, according to people familiar with the matter. Read more at The ...

Posted on 11/07/2023

Hong Kong will ban more products from Japan if treated wastewater is discharged, its leader says

Hong Kong leader John Lee says the city will ban marine products from “a large number prefectures” if Japan discharges treated radioactive wastewater into the sea.

Posted on 11/07/2023

China’s Xia Baolong heads top office overseeing Hong Kong, Macau

Xia Baolong is the head of China's recently created Central Office for Hong Kong and Macau Affairs, according to an official statement that showed him as chair of a meeting in that capacity on Tuesday ...

Posted on 11/07/2023

Medical Firm Genesis MedTech Weighs Up to $500 Million HK IPO, Sources Say

Genesis MedTech Group, a medical device company, has selected advisers for a potential initial public offering in Hong Kong, according to people familiar with the matter.Most Read from BloombergTurkey ...

Posted on 11/07/2023

China property shares rise on financial support policy

Shares of Chinese property developers rose on Tuesday after Chinese regulators extended some policies in a rescue package introduced in November to shore up liquidity in the real estate sector. The ...

Posted on 11/07/2023

Property stocks spur Hong Kong market rebound as Beijing nudges banks to aid stressed developers while hedge funds return

Mainland developers recharge Hong Kong’s stock market rebound as Beijing takes another baby step to aid domestic home sales and delivery. Hedge funds bought back stocks last week, according to Goldman ...

Posted on 11/07/2023

Hong Kong mortgage changes attract interest, but property experts foresee limited impact on home prices, transactions

The easing of mortgage policies from Friday has attracted interest from potential borrowers, according to brokers and bankers. But experts see limited impact on home prices and transaction volume.

Posted on 11/07/2023

Mainland Chinese take advantage of Hong Kong’s crypto grey zones

But the lack of scrutiny of Hong Kong’s OTC shops and their proximity to mainland China, which remained the world’s fourth biggest market for crypto trading in 2022, made it attractive to Chinese ...

Posted on 11/07/2023

Hong Kong travellers take to skies again, with more and longer trips and higher spending, survey finds

Survey by online travel agency Klook finds 94 per cent said they planned to travel at least once in the next year; 40 per cent said three or more trips planned.

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