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Posted on 12/04/2023

4 Hong Kong residents arrested and HK$6.7 million worth of crystal meth seized in police crackdown on syndicate

Confiscated methamphetamine was disguised as tea and smuggled into the city from overseas, says chief inspector.

Posted on 12/04/2023

Fresh crackdown on mobile phone fraudsters targeting Hong Kong announced by watchdog

Anti-fraud voice and message alerts to warn call recipients about potential scams to be added to all numbers prefixed with '+852' Telecoms watchdog says service providers had already started to block ...

Posted on 12/04/2023

Hong Kong lawmaker questions ‘indirect’ ways used in government-funded drive to boost city’s alignment with mainland China and national security law knowledge

A total of HKK$12.6 million to be spent on civic and national education this year, up by HK$1.4 million on 2022-23 Former security minister says legislature needs to ask 'how the activities were ...

Posted on 12/04/2023

Westporter starts art gallery in Hong Kong: ‘What we’re doing gives people a lot of hope’

In 2016, Cheung was offered a job as a managing editor of an arts magazine and Molesworth was offered a director role at a gallery in Hong Kong, so they both made the move. Molesworth said members of ...

Posted on 11/04/2023

Hin Leong founder and former oil tycoon OK Lim on trial for instigating forgery, cheating HSBC in US$111.7 million case

SINGAPORE: The founder of collapsed oil trading firm Hin Leong Trading Lim Oon Kuin went on trial on Tuesday (Apr 11) for charges of cheating a bank and instigating forgery involving US$111.7 million ...

Posted on 11/04/2023

InvestHK wants SA tech startups to use Hong Kong as launchpad into Asia

“Hong Kong offers a route to growth markets in Asia, with their demographic dividends, high rate of tech adoption and growing intra-Asian investment flows. Of course, there is also the economic beast ...

Posted on 11/04/2023

Hong Kong 47: Activist’s campaign against election ‘primary dodgers’ would have breached electoral laws, court hears

An online campaign which called on people not to vote for candidates who failed to join an unofficial legislative primary poll would have violated the city’s election laws, a former politician has ...

Posted on 11/04/2023

Alibaba Units’ Possible IPOs Spark Hot Investor Demand

Shares of Alibaba Group Holding Ltd.’s units that may soon become public are expected to be in high demand as the breakup unleashes value in the wake of regulatory woes, investors said.

Posted on 11/04/2023

Suspect escapes from Hong Kong court after swapping identification wristband with detainee granted bail

A citywide manhunt was under way in Hong Kong on Tuesday for a suspected drug trafficker who escaped from custody at court by switching his identification wristband with another detainee in the same ...

Posted on 11/04/2023

London will lose “to New York, Hong Kong and Shanghai for years to come” warn City bosses

The threat of recession and penal inflation are unattractive to investors. Multi-billion IPOS are likely to be the domain of New York, Hong Kong and Shanghai in the years to come.” Those fears grew ...

Posted on 11/04/2023

Flu vaccine makers ‘set aside 200,000 doses’ for Hong Kong, after private clinics warn of low stocks amid delayed influenza peak

Hong Kong’s flu season traditionally started in January and ended around March or April. But since 2020, apart from a short peak from the start of that year until February, the city had not seen any ...

Posted on 11/04/2023

In a global financial centre like Hong Kong, it should take no more than 20 minutes to get to a business meeting

From Hong Kong Island, getting to business meetings in the Kowloon offices takes over 30 minutes for those in the International Commerce Centre and over 20 minutes for those in the World Finance ...

Posted on 11/04/2023

Hang Seng Bank names Cheung Ka Ki as head of corporate governance

She has over 20 years of experience in legal counsel and company secretarial services, according to Hang Seng Bank. Cheung was admitted as solicitor in Hong Kong and in England and Wales, as well as ...

Posted on 11/04/2023

HKMA intervenes in the currency market for the fourth time this year ahead of expected US rate rise next month

Hong Kong banks increased their prime lending rates three times last year, by a total of 62.5 basis points. HSBC, Bank of China (Hong Kong) and Hang Seng Bank have set their best lending rate at 5.625 ...

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