The fintech group had secured a US$100 million facility from HSBC in 2022 to expand its payments business across Asia.
Hong Kong stocks fall after 2 days as China refrains from cutting key lending rates
Alibaba Group Holding slipped 1.1 per cent to HK$84.30 and Hong Kong Exchanges and Clearing lost 1 per cent to HK$297.60. The one-year loan prime rate (LPR) for November was kept unchanged at 3.10 per ...
Lab-grown meat lands on Hong Kong plates as Australian start-up Vow begins sales
The Aubrey at the Mandarin Oriental has introduced two dishes featuring Sydney-based Vow's cultured Japanese quail Hongkongers can get their first taste of cultured meat, also known as lab-grown meat, ...
Former Hong Kong publisher Jimmy Lai is expected to testify in his national security trial soon
The landmark national security trial of prominent Hong Kong activist publisher Jimmy Lai resumes Wednesday, with the founder of the now-shuttered pro-democracy newspaper Apple Daily expected to testif ...
Hong Kong’s jailing of 45 democracy activists sparks criticism from foreign governments, rights groups
The democracy advocates were charged in Hong Kong under a Beijing-imposed national security law in 2021 for their involvement in an unofficial primary election to pick opposition candidates.
Hong Kong to hear from jailed media tycoon Jimmy Lai for the first time in four years at his trial
Jimmy Lai, the pugnacious Hong Kong media tycoon whose now shuttered tabloid Apple Daily was a regular thorn in Beijing’s side, is expected to testify on Wednesday at his own national security trial in a high stakes court battle that could see him spend ...
Snuffing out the flame of freedom in Hong Kong
By the time the primary took place, though, the environment in Hong Kong had changed dramatically. In the interim, covid-19 had put an end to public demonstrations. And just days before the primary was held—attracting 600,
China’s tycoons sell luxury Hong Kong homes at steep discounts
Some wealthy Chinese have been selling their high-end homes in Hong Kong, one of the world’s most expensive luxury property markets, at fire sale prices this year.
Jailing of 45 Hong Kong democrats in national security trial draws criticism
Benny Tai, a former legal scholar identified in the judgement as a “mastermind” of the activists' plans, was sentenced to 10 years in jail, the longest sentence so far under the 2020 national security law.
Hong Kong tycoon Jimmy Lai takes witness stand in collusion trial
Pro-democracy Hong Kong tycoon Jimmy Lai will on Wednesday take the stand in his collusion trial, testifying in court for the first time despite five previous trials in almost four years. His ...
Jimmy Lai to Take Stand in Hong Kong, Breaking Four-Year Silence
Jimmy Lai, the biggest target in Hong Kong’s crackdown on dissent, will take the stand to defend himself against national security charges that could silence the 76-year-old for the rest of his life. Foreign governments will be watching as the former ...
Alibaba’s Stock Connect link shows Hong Kong’s strength as conduit to mainland markets
Mainland investors have amassed 4 per cent of Alibaba’s public float and contributed 15 per cent to its trading volume through the Stock Connect scheme.
45 pro-democracy activists in Hong Kong get 4 to 10 years in prison
It's Hong Kong's biggest national security case under a Beijing-imposed law that crushed a once-thriving pro-democracy movement.
Foreign governments criticize Hong Kong’s sentencing of 45 activists. Beijing defends it
Forty-five prominent activists in Hong Kong have been sentenced to up to 10 years in jail, sparking criticism from foreign governments and rights groups.