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Posted on 18/09/2023

A crypto influencer was arrested in Hong Kong for a potential $128 million fraud involving 1,400 people

Police arrested Joseph Lam and five others on Monday for "conspiracy to defraud" investors, and nearly HK$1 billion could be involved.

Posted on 18/09/2023

Hong Kong influencer Joseph Lam arrested amid JPEX cryptocurrency investigation involving HK$34 million in assets

Hong Kong police have arrested influencer Joseph Lam Chok in connection with cryptocurrency trading platform JPEX, which is at the centre of an investigation by the force and the city’s financial ...

Posted on 18/09/2023

Mainland Markets Rise As Hong Kong Shorts Press Their Bets

Asian equities had a rough start to the week except for Mainland China, which outperformed the region while Japan was closed for the “Respect for the Aged Day” holiday.

Posted on 18/09/2023

7 in 10 Hongkongers expect to work after retirement, as savings will not suffice to provide quality of life: HSBC survey

Hong Kong people believe they need US$1.1 million to retire comfortably, but they face a shortfall of US$815,000, HSBC survey says Yet Hongkongers are less likely than their peers in other places ...

Posted on 18/09/2023

TWF Urges Breaking Gender Zero-sum Thinking Promote Gender Equality to Sustain HK’s Competitiveness

As we move into the post-pandemic era, the world is facing new challenges and competition for talent across industries. To maintain its competitiveness, Hong Kong must prioritise and showcase its ...

Posted on 18/09/2023

Hong Kong home prices seen falling by 5 per cent after 7 major lenders including HSBC, Standard Chartered set to increase mortgage rates

Hong Kong home prices are expected to fall by up to 5 per cent by the end of this year, analysts say, after seven major lenders said they will raise their mortgage rates as early as Monday. HSBC, ...

Posted on 18/09/2023

JPEX-Crypto Platform to suspend trades on Monday amid investigation in Hong Kong

Police have received at least 83 complaints related to platform, involving virtual assets worth about HK$34 million.

Posted on 18/09/2023

Hong Kong Warns Crypto Firms Against Using Banking Terms

The Hong Kong Monetary Authority (HKMA) has warned the public about cryptocurrency companies that pose as banks and use banking terminology.

Posted on 18/09/2023

272 companies expanded to Hong Kong as foreign capitals regain confidence in the city, secretary for commerce has said

The Hong Kong government has attracted 272 companies to develop business in Hong Kong this year, the city’s commerce secretary has said. Speaking on a Commercial Radio show on Saturday, Secretary for ...

Posted on 18/09/2023

Hong Kong parents slam Rosaryhill Secondary School over decision to close, demand letting pupils finish studies

Teacher Association chairman Baljinder Singh says decision to close has disrupted staff morale, students' routine and lives of their families Drastic reduction in enrolment numbers and financial ...

Posted on 18/09/2023

Hang Seng names new head of commercial banking

Hang Seng Bank appointed Regina Lee as head of commercial banking and a member of the Executive Committee, effective 14 October.  Regina will take over from Donald Lam, the current Head of Commercial ...

Posted on 18/09/2023

StanChart HK inks MOU to promote business, dev’t between HK and Dubai

This include promoting the growth of family offices, fintechs, and virtual asset industries. Standard Chartered Bank Hong Kong has inked a memorandum of understanding (MOU) with the Dubai Department ...

Posted on 18/09/2023

Hong Kong’s Temple Street on a comeback? Cuisine, cultural experience urged for forgotten tourist spot under nightlife boost

The government on Thursday announced a raft of activities under a months-long citywide campaign to attract residents to stay out longer and boost the night economy. These include waterfront bazaars, evening programmes at theme parks and museums, free entry to the Happy Valley Racecourse, film screenings and expanded pedestrian areas.

Posted on 18/09/2023

Meet the typical Hong Kong millennial: They’re supporting their parents, can’t afford to buy homes, and have zero interest in moving to mainland China

Over 80% of millennials in Hong Kong live with their parents.  The 2019-2020 protests had an impact on their mindset. Hong Kong's millennials differ from their elders by being more vocal, expressive, ...

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