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Posted on 01/12/2025

Hong Kong’s Response to Deadly Fire Is Squeezed by China’s Firm Hand

Official efforts to control the public response include a threat to arrest those who direct their anger at the government.

Posted on 01/12/2025

Hong Kong property viewing dips following deadly fire as city pauses to mourn

Hong Kong’s worst residential fire in history has cast a shadow over property sentiment, but the overall impact on the home market is likely to prove temporary because broader economic fundamentals ...

Posted on 01/12/2025

Beijing’s crypto warning casts shadow over Hong Kong’s stablecoin ambitions

Hong Kong's pioneering stablecoin rules have attracted 30 applicants - will Beijing's latest warning force the city to rethink its ambitions? Beijing's explicit denunciation of stablecoins as a ...

Posted on 01/12/2025

Hong Kong’s Stablecoin Momentum Takes a Hit as China’s Anti-Crypto Hammer Falls Again

The People’s Bank of China has said that it considers stablecoins illegal under China's crypto ban. The latest crackdown serves as a blow to Hong ...

Posted on 01/12/2025

HashKey edges toward Hong Kong listing while China chills stablecoin plans

HashKey Holdings, the parent company of one of Hong Kong’s largest licensed crypto exchanges, has moved a step closer to a public listing, according to new filings from the Hong Kong Stock Exchange ...

Posted on 01/12/2025

Hong Kong investigators highlight role of netting in deadly fire

Authorities say construction materials at site of disaster that killed 151 did not comply with anti-flammability standards ...

Posted on 01/12/2025

Hong Kong apartment fire death toll mounts, and China stifles criticism as safety violations are revealed

As the death toll in the Hong Kong apartment complex fire tops 150, Chinese authorities seek to stifle criticism amid new revelations of safety violations.

Posted on 01/12/2025

Hong Kong fire probe reveals unsafe netting as public mourns and government stifles dissent

Hong Kong authorities say some of the netting on buildings that caught fire last week did not meet codes for fire resistance.

Posted on 01/12/2025

McKinsey & Co. to pay $650 million to settle U.S. opioid consulting probe, ex-partner will plead guilty to obstruction

McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work advising Purdue Pharma on how to ...

Posted on 01/12/2025

Donations for Hong Kong fire victims reach $115 million; crackdown on dissent hardens

Donations to victims of a devastating fire in Hong Kong have reached about $115 million after the blaze that began Wednesday claimed at least 146 lives and left thousands homeless ...

Posted on 01/12/2025

Hong Kong authorities say netting on buildings that caught fire, killing 151, did not meet code

Hong Kong authorities say the netting on buildings that caught fire last week did not meet codes for fire resistance.

Posted on 01/12/2025

HashKey Leads Hong Kong’s Crypto Market as Losses Deepen Ahead of IPO

Ultra-low fees kept monetization in the basis-point range, leaving revenue unable to offset steep losses despite surging Hong Kong trading volumes.

Posted on 01/12/2025

HashKey Holdings Limited has successfully cleared its Hong Kong Stock Exchange listing hearing

The Hong Kong Stock Exchange (HKEX) released a statement dated December 1 confirming that HashKey Holdings Limited has successfully cleared its listing hearing. This move implied that the company ...

Posted on 01/12/2025

Donations for Hong Kong fire victims reach $115 million, while crackdown on dissent hardens

Donations to victims of a devastating fire in Hong Kong have reached about $115 million after the blaze that began Wednesday claimed at least 146 lives and left thousands homeless.

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