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Posted on 12/06/2023

Hong Kong should be ‘very sensitive’ when drafting local security law to safeguard nat’l security, justice sec. says

The Hong Kong government should expedite the legislation of the city’s own security law, Secretary for Justice Paul Lam has said, adding that “some achievement should be made within this year, otherwise no later than next year”.

Posted on 12/06/2023

Ducking out: Hong Kong inflatable duck art deflates

STORY: One of Hong Kong's giant rubber inflatables ducked out just hours after appearingto the disappointment of people coming to see them in scorching heatThe 'Double Ducks' are part of an art ...

Posted on 12/06/2023

Hong Kong legislator encourages Coinbase to set up shop in city under new crypto rules

Local legislator suggests global cryptocurrency exchanges such as U.S.-based Coinbase set up operations in Hong Kong as the city’s new licensing regime for crypto retail trading took effect on June 1.

Posted on 12/06/2023

WeWork’s minority-owned China unit eyes Hong Kong expansion on back of demand from Web3 and crypto firms, mainland border reopening

The firm, in which Shanghai-based investment firm Trustbridge Partners holds a more than 51 per cent share and WeWork Global has a minority stake, is seeing more Chinese firms turning to flexible ...

Posted on 12/06/2023

Explainer – what is the ‘dual-counter model’ and why should investors care about Hong Kong’s latest equity innovation?

The yuan share trading counter programme, initially covering 24 stocks with US$154 billion market capitalisation, will attract both mainland and international investors Hong Kong has close to 1 ...

Posted on 12/06/2023

Most Hong Kong stocks slip before weaker China factory, retail data while traders bet on Fed rate pause

Most blue-chip stocks weaken before reports signalling a slowdown in industrial production and retail sales in China. Traders bet the Fed will pause after raising its key rate in the past 10 ...

Posted on 12/06/2023

Hungry Hong Kong customers call on Shenzhen couriers for braised bullfrog, duck neck and other mainland Chinese delicacies

Hong Kong nurse Lisa Chan, 33, used to visit Shenzhen regularly before the pandemic, and missed the food and snacks there when cross-border travel was restricted. She began using the daigou agents ...

Posted on 12/06/2023

Hong Kong Economy to Grow Faster, Singapore to Slow, Survey Says

Hong Kong’s economy is expected to grow faster than previously forecast this year as consumer spending rebounds, while growth in rival financial hub Singapore is likely to slow as global demand ...

Posted on 12/06/2023

Maximize Your Property Investment with Free Valuation Services in Hong Kong

Property valuation, a vital process for property buyers and sellers, holds the key to understanding the true worth of a property. In the ever-changing ...

Posted on 12/06/2023

Hong Kong accountant reports losing HK$27 million as city marks surge in investment scams

Scam trend continues as victims aged 14 to 86 report losses totalling HK$708.6 million from January to April Cryptocurrency scams rose, with victims reporting losses of HK$416.6 million; more ...

Posted on 12/06/2023

As retail investors rush back into Hong Kong stocks, market bulls face Fed test and strategists warn of pitfalls

Retail investors have been buying Hong Kong stocks amid market weakness, while more funds pour into exchange-traded products tracking technology stocks. That optimism will be tested by the Fed rate ...

Posted on 12/06/2023

Struggles of divorced fathers in Hong Kong custody battles to show they can also care for their children

Ahead of Father’s Day, a recently divorced dad shares his hope that society will recognise fatherhood’s importance for a child’s well-being.

Posted on 12/06/2023

Hong Kong taking lead role in globalisation of renminbi with expansion of bilateral trading and new products: finance chief

Financial Secretary Paul Chan says move will mitigate risks arising from global political and economic changes Hong Kong fully committed to widening the range of offshore yuan asset options in city, ...

Posted on 12/06/2023

Lord mayor of London visits Hong Kong for first time in 3 years, after making trip to build ties in mainland China

Lord Mayor of London Nicholas Lyons meets members of British business group and emphasises shared interests Paul McComb, new chief executive of British Chamber of Commerce in Hong Kong, notes city's ...

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