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Posted on 06/06/2023

Explainer: How Hong Kong plans to test its digital dollar in $229 bln mortgage market?

Hong Kong 's central bank plans to test the use of its digital currency under a pilot project in its HK$1.8 trillion ($229 billion) mortgage market, with an aim to slash a month-long loan approval ...

Posted on 06/06/2023

Plan to raise Hong Kong civil servants’ pay by up to 4.65 per cent backed by Executive Council; minister dismisses concerns over increases

Secretary for the Civil Service Ingrid Yeung rejects suggestions that salary increases may fail to match inflation and retain staff Yeung says pay is not the only factor influencing people's decision ...

Posted on 06/06/2023

Hong Kong government seeks court injunction to ban ‘Glory to Hong Kong’ protest song

Hong Kong’s government says it's seeking a court order to prohibit people from broadcasting or disseminating the protest song “Glory to Hong Kong” after it was mistakenly played as the city’s anthem ...

Posted on 06/06/2023

Hong Kong’s famous rubber duck returns — and now there are two

A decade since it famously appeared in Victoria Harbour, artist Florentijn Hofman’s “Rubber Duck” sculpture is back in Hong Kong. And this time it has a friend.

Posted on 06/06/2023

Hong Kong woman arrested for allegedly killing her 3 young daughters

Hong kong authorities apprehended a woman suspected of fatally ending the lives of her three young daughters. The crime stirred emotions throughout the city, which is known for low crime rates.

Posted on 06/06/2023

Hong Kong Opposition Politicians Protest at HSBC Over Account Closings

Hong Kong opposition politicians of The League of Social Democrats staged a rally outside of HSBC Holdings Plc to protest a decision by the bank to close accounts of the group.

Posted on 06/06/2023

Hong Kong authorities arrest woman in deaths of 3 daughters

Hong Kong authorities arrested a 29-year-old woman on Monday whom they accused in the death of her three young daughters.

Posted on 06/06/2023

HSBC plans Hong Kong investor summit to fill gap left by Credit Suisse

Hong Kong’s biggest bank plans to hold the conference at the five-star Conrad Hotel from April 8 to 10 next year and will follow the Hong Kong Ruby Sevens, which is also sponsored by the lender.

Posted on 06/06/2023

Hong Kong’s Largest Aircraft Maintenance Service Provider Achieves 300% Improvement in Integration Time With Boomi

Boomi™, the intelligent connectivity and automation leader, today announced that Hong Kong Aircraft Engineering Company Limited (HAECO), one of the world’s leading independent aircraft engineering and ...

Posted on 06/06/2023

Hong Kong Bourse Ripe For Profit Taking On Tuesday

The Hong Kong stock market has climbed higher in two straight sessions, surging almost 900 points or 5 percent along the way. The ...

Posted on 06/06/2023

Former ByteDance Executive Claims Chinese Communist Party Accessed TikTok’s Hong Kong User Data

Allegation is made in suit against TikTok parent company, ByteDance, which says it vigorously opposes the claim.

Posted on 06/06/2023

Hong Kong Science Park unveils zero emissions plan as city eyes transformation into a green tech, finance hub

HKSTP’s near-term goals – which should be achieved by 2030 – include reductions of 42 per cent in carbon emissions in operations.

Posted on 06/06/2023

Hong Kong cops detain dozens of protesters on Tiananmen massacre anniversary

Dozens of protestors were detained in Hong Kong in connection with the 34th anniversary of the Tiananmen Square massacre, according to reports. Key details: A total of 23 people — 11 men and 12 women — were taken into custody on Sunday for “breaching the public peace.

Posted on 06/06/2023

HKEX plans GEM listing reforms to help tech start-ups raise funds, but rivals Shenzhen and Shanghai pose challenges

Bourse operator HKEX, which runs the third-largest stock market in Asia, plans to reform its second board which will allow SMEs and technology start-ups to raise funds.

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