Chinese real estate developers are having some of their worst 12-month periods on record this year, defaulting on billions of debt as they face the new reality of much slower home sales in mainland ...
Hong Kong Exchanges Still Do Not Approve Of Stablecoins To Trade, May Introduce Guidelines In 2024
While stablecoins catching the pulse of the rapidly growing crypto market globally, Hong Kong announced retail stablecoin trading is still not allowed in the country.
Hong Kong JPEX scandal: city’s cryptocurrency power players applaud Web3 regulation, seek more investor education
A group of 10 cryptocurrency industry executives, including Animoca Brands co-founder Yat Siu, has published a public letter endorsing the government’s commitment to Web3.
Hong Kong’s digital asset ecosystem needs stronger guardrails and more education to protect investors, says HKMA CEO Eddie Yue Wai
The development of Hong Kong’s digital asset ecosystem will need stronger guardrails and more public education to protect investors, Hong Kong Monetary Authority’s (HKMA) CEO Eddie Yue Wai told the ...
Saudi-backed group’s plan to host event on Hong Kong’s oldest golf course for summit attendees shows economic value of site, club says
Future Investment Initiative Institute will write to government about hosting golfing activities for attendees of PRIORITY Asia Summit, according to club captain Andy Kwok.
Hong Kong man gets 4 months in prison for importing children’s books deemed seditious
A Hong Kong man has been sentenced to four months in prison after he pleaded guilty to importing children’s books deemed to be “seditious publications.” ...
QMMM Holdings Files for IPO of 960,000 Shares Priced at $5 Apiece
By Colin Kellaher Digital-media-advertising company QMMM Holdings has filed with the U.S. Securities and Exchange Commission for an initial public ...
Hong Kong-listed GR Life Style in talks to buy historic steel trader Stemcor
A Hong Kong-listed property developer is the preferred bidder for the company founded by the father of veteran Labour MP Dame Margaret Hodge, Sky News learns.
MTR Lab and Gobi Partners invest US$5.9 million in Hong Kong construction tech company to drive industry towards greener future
Since construction waste is a significant contributor to landfills in Hong Kong, industry needs to embrace digital transformation and be better prepared for the future, MTR Lab managing director ...
A Hong Kong man gets 4 months in prison for importing children’s books deemed to be seditious
A Hong Kong man has been sentenced to four months in prison after he pleaded guilty to importing children’s books deemed to be “seditious publications.” ...
China adds finance-economy and social affairs bureaus to top Hong Kong-Macau body amid Beijing’s administrative upgrade
Economy and finance bureau and social work bureau will be added to new Central Hong Kong and Macau Works Office (CHKMWO).
Hong Kong police impound Lamborghini worth HK$6 million suspected to be tied to growing JPEX financial scandal
Officers from commercial crime bureau arrest 31-year-old man, one of seven suspects taken into custody on Thursday in connection with city’s biggest case of alleged financial fraud.
Deadly Typhoon Koinu heads toward southern China and Hong Kong after battering Taiwan
Deadly Typhoon Koinu is heading towards southern China and Hong Kong this weekend after battering Taiwan with record wind gusts and injuring hundreds of people. The typhoon is set to bring heavy rain ...
When a Hong Kong bank suffered a crushing humiliation after scrapping 83 safe deposit boxes full of cash, jewels and personal items
“Bank junks deposit boxes in renovation blunder,” read a headline in the South China Morning Post on October 6, 2004. “A Hong Kong bank has blamed human error ...