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Posted on 14/10/2023

Why are more Hong Kong young offenders getting involved in money laundering, fraud cases? Promise of quick cash a strong lure

In Hong Kong, only those above 10 years old are held accountable ... delivering photocopied documents to an alleged former business partner of his friend. Before he could be paid, however, a group of ...

Posted on 14/10/2023

TikTok courier slashes $1bn Hong Kong IPO target on weak investor demand

Companies have raised just $3.5bn from Hong Kong listings this year, down almost 70 per cent from a year ago and on track for the lowest annual total in two decades, as hopes for a steady stream of ...

Posted on 14/10/2023

AP PHOTOS: Hong Kong’s hottest summer fell hardest on most vulnerable

I am very lucky.” As Earth sweltered to its hottest Northern Hemisphere summer ever recorded, Hong Kong shared in the misery. The city, already known for oppressive humidity, endured its own ...

Posted on 14/10/2023

Hong Kong authorities give the green light to 2 more trial projects to use hydrogen for producing electricity

Hong Kong authorities have agreed in principle to give two more trial projects the green light to use hydrogen to generate electricity. A spokesman for the Environment and Ecology Bureau on Friday ...

Posted on 14/10/2023

Mammoth Hong Kong Mansion Priced At $281 Million Joins The Ranks Of World’s Most Expensive Homes

Repulse Bay, pictured via drone, is among the most exclusive areas for residential property in Hong ... [+] Kong. No matter the pecking order, however, the locations of these ultraexpensive residences ...

Posted on 14/10/2023

Hong Kong graft-buster arrests 20 people for allegedly faking documents for early MPF withdrawal, stoking fears among some migrants in UK

ICAC says insurance agent was mastermind of syndicate suspected of taking bribes to help residents claim pension by falsely saying they had moved to mainland China.

Posted on 14/10/2023

Hong Kong Securities Professionals Oppose Stock Market Operations Amid Adverse Weather

In a recent development, the Hong Kong Securities and Futures Professionals Association (HKSFPA) has publicly voiced its opposition to the proposal of continuing stock market operations under adverse ...

Posted on 14/10/2023

Hong Kong business correspondent on China’s response to Israel-Hamas conflict

China has ruffled a few feathers weighing into the Israel-Hamas conflict. It’s called for establishing an independent Palestinian state, but stopped short ...

Posted on 14/10/2023

Twenty arrested in Hong Kong over false document pension withdrawals amid row over UK passport

Hong Kong’s anti-corruption agency said on Friday 20 people had been arrested suspected of taking bribes to help people apply for early withdrawal of government pension funds with false documents, ...

Posted on 13/10/2023

Didi Global Inc. To List On Hong Kong Stock Exchange According To Reports

China’s largest ride-hailing company Didi Global Inc. DIDIY aims to list on the Hong Kong Stock Exchange according to a Bloomberg report Friday. Didi was forced to delist from the New York Stock ...

Posted on 13/10/2023

Hong Kong stocks snap six-day winning streak as weak China inflation reports undermine bets on recovery

Local stock benchmark retreats from a five-week high as weak official reports on producer and consumer prices undermine bullish bets on China’s economic recovery outlook.

Posted on 13/10/2023

Hong Kong to use three-pronged approach to fight growing fraud

The Hong Kong Monetary Authority pledged to combat financial fraud by requiring banks to share information, monitor financial transactions in real-time, and provide customer alerts when the number of ...

Posted on 13/10/2023

Hong Kong Monetary Authority Bolsters Fraud Prevention Measures Amid Rise in Bank Fraud Cases

In a bid to combat rising fraud cases, the Hong Kong Monetary Authority (HKMA) has escalated its countermeasures. This year has seen a significant surge in bank-related fraud incidents, with 954 cases ...

Posted on 13/10/2023

Hong Kong’s John Lee to lead 70-strong delegation to belt and road forum in Beijing next week to tout city’s financial, professional services

Banking and finance heavyweights to join delegation for Belt and Road Forum for International Cooperation, which President Xi Jinping will also attend 'The delegation will proactively share with the ...

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