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Posted on 21/06/2024

23 arrested over fake loan requests for HK$31 million from Hong Kong Covid relief schemes

Syndicates targeted government-back schemes offering low-interest loans to businesses and private individuals affected by Covid pandemic Hong Kong police have arrested 23 suspects in a crackdown ...

Posted on 21/06/2024

Beauty chain Sa Sa’s profit soars as mainland Chinese tourists return to shop in Hong Kong

Hong Kong beauty products retailer Sa Sa International saw its profit jump almost fourfold in the last financial year as the number of mainland Chinese tourists returning to shop in the city continued ...

Posted on 21/06/2024

Hong Kong media watchdog hit with complaints of ‘indecency’ over TV coverage of ‘Mr and Mrs Ho’

Programme with whirlwind romance between old man, 76, and woman, 43, slammed as ‘indecent’, having ‘poor values’, ‘biased and misleading’.

Posted on 21/06/2024

University tuition fees in Hong Kong to rise by 17.6% over next 3 years

Fees will increase by HK$2,400 to HK$44,500 in 2025-26, additional HK$2,500 in 2026-27 and 2027-28 to HK47,000 and HK$49,500, respectively.

Posted on 20/06/2024

Why Hong Kong needs to embrace failure to succeed

A spirit of adventure – from small businesses to the government wealth fund – is crucial as Hong Kong faces rapid changes and challenges.

Posted on 20/06/2024

China Market Update: Hong Kong Gains Curtailed After Profit-Taking, Mainland China Mixed

Asian equities were mixed overnight on light volumes and news flow. Hong Kong was clipped with profit-taking after yesterday’s very strong move in growth/internet stocks following strong results from ...

Posted on 20/06/2024

Hong Kong police arrest 84 in 3-day crackdown on illegal riders of electric mobility devices

Hong Kong police have rounded up 84 people in a three-day crackdown on the illegal use of electric mobility devices in the New Territories, marking the biggest operation of this kind in recent years.

Posted on 20/06/2024

University fees in Hong Kong to rise by 17.6% over next 3 years

University tuition fees in Hong Kong will rise by HK$2,400 (US$307) in 2025 and another HK$2,500 in the following two years after a near three-decade freeze, authorities have said, leading to an ...

Posted on 20/06/2024

Alfa Bank: US-sanctioned Russian banking giant expands in China

Battered by Western sanctions, Russia’s largest privately owned bank is expanding its business in the world’s second-largest economy.

Posted on 20/06/2024

China and Hong Kong Stocks Dip Amid Property Sector Woes

China and Hong Kong stocks declined on Thursday, influenced by a drop in property shares. Key indices such as China's CSI300 and the Shanghai Composite Index saw declines, with property shares in both ...

Posted on 20/06/2024

Nasdaq Intensifies Scrutiny On Small Chinese And Hong Kong IPOs Following 2022’s Extreme Volatility: Report

In a bid to prevent the volatility that followed several deals in 2022, Nasdaq Inc. (NASDAQ:NDAQ) is reportedly increasing its scrutiny of small initial public offerings from China and Hong Kong. What ...

Posted on 20/06/2024

HSBC Raises ¥60 Billion From Samurai Bonds, Riding Yen Note Boom

Hongkong and Shanghai Banking Corp. raised ¥60 billion ($380 million) from its first Samurai bond offering in five years, reaffirming the recent trend of increasing yen note sales by overseas issuers.

Posted on 20/06/2024

Hong Kong’s WeLab eyes Southeast Asia digital banks

HONG KONG - WeLab, a Hong Kong-based fintech unicorn backed by billionaire Li Ka-shing, is exploring the idea of setting up digital banks across Southeast Asia and providing its technology services to ...

Posted on 20/06/2024

Spicy Noodles and Pickled Fish: Chinese Eateries Move Into Hong Kong

As the cultural lines between Hong Kong and China blur, restaurants from the mainland are finding opportunities in the city. But not everyone is happy.

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