Force says case marks first known instance of scammers with stolen ID cards employing deepfake to fleece financial agencies.
Bank of Communications, China Merchants Bank report increasing bad loans amid property crisis
The situation of controlling the risks from the property sector remains serious,’ a Bank of Communications spokesperson says.
Hong Kong Stocks End Week With Steep Loss
Hong Kong shares sank Friday with the rest of Asia as traders await a keep speech later in the day by Federal Reserve boss Jerome Powell, while US jobs data dented hopes the central bank will hold off ...
Hong Kong businesses strongly reject government bid to extend mall hours amid labour crunch, consumers spending across border
Industry players say tourist dollar also weaker than pre-pandemic levels Night bazaar plan floated by authorities would only benefit caterers, sector members say, with retail sales still flagging ...
Hong Kong Residential Sales Slowing in 2023 from Economic Uncertainty
Amongst Hong Kong projects completed in the first half of 2023, only 55% of units were sold as of the end of June 2023, lower than the average sell-through rate of 78% over the last five years, a sign ...
Hong Kong police arrest 458 people in 17-day crackdown on money laundering syndicates handling HK$470 million in crime proceeds
Hong Kong police have arrested more than 450 people during a 17-day crackdown on crime syndicates behind the laundering of HK$470 million (US$59.9 million) in suspected illegal proceeds. The operation ...
Badminton World Championships: Hong Kong’s hopes over as Angus Ng blows match point, while Japan’s Kodai Naraoka continues meteoric rise
Angus Ng misses opportunity against his old rival Shi Yuqi of China, while Lee Cheuk-yiu crumbles against rising star Kodai Naraoka.
Hong Kong’s Long Sushi Queues Show Few Worried at Japan’s Wastewater Release
More than 20 customers had gathered in the Sheung Wan district of the Asian financial hub awaiting the 10:30 a.m. opening time of a conveyor-belt sushi chain, Sushiro, while dozens streamed in by 12 p ...
Hong Kong Perpetual Bonds Slump in Sign of China Property Contagion
Perpetual dollar bonds sold by several Hong Kong-based companies have recently suffered their largest weekly declines in years, a sign of contagion from China’s property sector woes.Most Read from ...
Dowsure Signs multi-million-dollar Asset-Backed Loan with HSBC
SHENZHEN, China, Aug. 25, 2023 /PRNewswire/ -- Dowsure as a pioneer of digital API platforms for cross-border e-commerce, today announced that it has received a multi-million-dollar Asset-Backed Loan ...
Bank of East Asia, China Construction Bank earnings marred by rise in bad loans to mainland’s distressed property sector
Bank of East Asia's non-performing loans in China rose by 0.4 percentage points to 3.15 per cent of its total lending in the first half China Construction Bank's bad loans to China's real estate ...
Delhi To Hong Kong: IndiGo To Restart Daily Flights In October
The airline will resume the service on October 5th. IndiGo is restarting flights between New Delhi and Hong Kong in response to increasing travel demand in the Asia-Pacific region. The airline will ...
Hong Kong businesses strongly reject city bid to extend mall hours amid manpower crunch, consumers spending across border
Industry players also say residents prefer to spend across the border post-pandemic, with the tourist dollar not as strong as before.
Hong Kong’s Tony Leung Chiu Wai set to star in another Western film after ‘Shang-Chi’
The actor will play a renowned neuroscientist travelling from his home town of Hong Kong to the Marburg Faculty in the third segment of 'Silent Friend'.