The strict customer identification rules mandated in Hong Kong’s new stablecoin law could hinder adoption of the digital currency and the city's competitiveness in global digital finance markets, ...
Hong Kong’s New World shares surge on report of take-private deal talks
Shares of Hong Kong developer New World Development rise sharply following reports of negotiations for a take-private deal with Blackstone, potentially worth up to $2.5 billion. Insights into the ...
Hong Kong Enacts Landmark Stablecoin Ordinance, Paving Way for Licensed Issuers
Hong Kong’s ambition to position itself as a regulated hub for digital finance reached a milestone with the formal enactment of the Stablecoin Ordinance on ...
Chikungunya fever in Hong Kong: What you need to know about this mosquito-borne illness
Last week, Hong Kong recorded its first case of chikungunya fever since 2019, swiftly followed by three more confirmed cases by Wednesday, August 6. The unfamiliar nature of the virus, more commonly seen in South and Southeast Asia, is giving rise to a lot of questions and concerns among Hong Kong residents fearful of an ...
How stablecoins may challenge the traditional payments’ status quo
Stabelcoin transaction volume has exceeded $27t per year, according to official data. Stablecoins has emerged as a global alternative to conventional payments infrastructure and represents a “direct ...
Sunshine Lake Pharma falls in Hong Kong trading debut as market’s IPO buzz takes a breath
Trading under the stock sign 6887, Sunshine’s shares began trading at HK$57.50 on Thursday, a discount of 4.5 per cent to its initial public offer price of HK$60.24.
Is Hong Kong beating Singapore, Taiwan in attracting foreign domestic helpers?
Employers in Hong Kong, in general, pay higher than in other places and workers enjoy better legal protection, overseas employment centre head says.
iQiyi Plots $300M Hong Kong Comeback–Is This China’s Next Big Tech Pivot?
The Baidu-backed streamer could join a flood of U.S.-listed Chinese firms returning home as Hong Kong's IPO boom reignites.
Regulatory Ramblings: Episode 75 – Rethinking Hong Kong’s Startup Ecosystem and Its Legal Foundations with Syed Musheer Ahmed, Joshua Chu, and David Cameron
The conversation starts with reference to a recent article published in the South China Morning Post written by Petty Sito and Julie Zhang on how ...
Hong Kong advances as global asset management hub
Forty-six banks expanded their private banking or private wealth management business in Hong Kong in 2024, and the assets under management of these institutions grew 14 percent in the first half of ...
Hong Kong activist’s father denies security law breach over handling finances
Merchant Kwok Yin-sang, father of activist Anna Kwok, pleads not guilty to handling absconder’s financial assets in breach of Article 23 law.
Hong Kong ranks No 8 in global smart cities index, beating Seoul and Singapore
Hong Kong second-highest performing Asian city in ranking, with Tokyo only location on the continent to outperform it in fifth place.
Man jailed for 2 months in Hong Kong ride-hailing case, banned from driving for a year
Mainland Chinese visitor offered paid rides after entering city on two-way permit and was caught in police sting against illegal hire car services.
Hong Kong’s Peninsula Hotels sees ‘bleisure’ boom after pandemic curbs, CEO says
A rise in international travellers is breathing new life into the city’s luxury hotel sector, HSH CEO Benjamin Vuchot says.