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Posted on 27/04/2024

Contractors going at ‘full speed’ to deliver 29,000 light public flats: Hong Kong housing chief

Secretary for Housing Winnie Ho says projects represent 96 per cent of government's target to complete 30,000 light public flats by 2026-27 financial year 'I am confident we can complete all 30,000 ...

Posted on 27/04/2024

Investment scams in Hong Kong surge 55% in first quarter involving over HK$900 million, city’s police chief says

Commissioner of Police Raymond Siu says deception cases in city grew 0.9 per cent, with all but investment scams showing signs of decline between January to March Siu warns residents against falling ...

Posted on 27/04/2024

Hong Kong stock exchange fights to regain investors’ faith

Support is sorely needed for the market. Despite this week’s rally, which was driven by mainland investors, the Hang Seng index has fallen more than 43 per cent from early 2021, while the Hong Kong ...

Posted on 27/04/2024

Hong Kong’s crypto ETFs off-limits for mainland China investors

Hong Kong is all set to roll out its first spot Bitcoin and Ethereum ETFs, but here’s the thing. If you’re investing from mainland ChiChina and Russia almost completely rid of US dollar in mutual ...

Posted on 27/04/2024

Chinese cornerstone investors are new pillars of Hong Kong IPOs and it’s not all good news

Chinese local government entities have carried the mantle of cornerstone investors in first-time stock offerings in Hong Kong in the past two years as foreign investors shun deals. Their outsize role ...

Posted on 27/04/2024

Hong Kong must find its drive again as rivals like Singapore surge ahead

Hong Kong’s growing disparity with Shanghai, Shenzhen and Singapore is cause for concern. The city must adapt and learn to take risks again to maximise its ‘two systems’ advantages.

Posted on 27/04/2024

Michigan man caught after attempting to flee US to Hong Kong after fatal building explosion, fire: police

Noor Noel Kestou, 31, attempted to flee the U.S. after the fatal explosion at his vape and smoke business, Goo Smoke Shop/Select Distributors, on March 4.

Posted on 27/04/2024

Shinhan Financial takes back leading status in Q1 earnings

Shinhan Financial Group has reclaimed its position as the leading financial conglomerate in the country for its first-quarter earnings, due mainly to the expansion of corporate loans and improved ...

Posted on 27/04/2024

Veteran Hong Kong teacher fired and who lost pension over 2019 unrest Facebook posts wins appeal against ‘harsh and oppressive’ decision

Judge rules decision to sack Toffee Tam was ‘so harsh and oppressive’ it must have involved ‘some error of law’.

Posted on 27/04/2024

Hong Kong signs 20 cooperation documents with Shanghai to boost ties in digital economy, finance, among other fields

City leader John Lee says two cities have reached consensus on 65 projects spanning 15 sectors, including innovation, technology and industrial development.

Posted on 27/04/2024

New ultra-running startup launches shoes designed to handle hundreds of miles at a time

Mount to Coast, a Hong Kong-based startup claiming to be the first fitness brand in the world to specialize in dedicated ultra running footwear, has just launched its first two shoes: the R1 for ...

Posted on 27/04/2024

Hong Kong halt on production of bags for waste-charging scheme sparks calls for introduction to be delayed ‘for at least a year’

Halt to production of special trash bags for waste disposal scheme sparks call from city’s biggest party for yet another delay to the scheme’s introduction.

Posted on 27/04/2024

Michigan man charged in deadly business explosion was fleeing to Hong Kong, police say

MACOMB COUNTY, Mich. (CBS DETROIT) — A Commerce man facing manslaughter charges in connection with a deadly, massive explosion at a Clinton Township business in March had a one-way ticket to Hong Kong ...

Posted on 27/04/2024

CDF launched a high-level management team reshuffle, new management team makes grand debut

China Development Financial Holding Corporation (hereinafter referred to as “CDF”) launched a high-level management team reshuffle. Today (26th), the Board of Directors approved Alan Wang to succeed ...

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