A Hong Kong district court has rejected Xiao Rui’s claim that part of his money came from selling Bitcoin and found him guilty of laundering more than HK$64 million through underground banking ...
Apple supplier Lingyi iTech prices $1.06 billion Hong Kong IPO to tap AI demand
June 24 (Reuters) - China's Lingyi iTech priced its Hong Kong initial public offering at HK$10.18 per share, setting the stage to raise about HK$8.3 billion ($1.06 billion), part of which it plans to ...
China developer Shimao’s Hong Kong hotels seized and put on sale by lenders
HONG KONG, June 24 (Reuters) - Chinese property developer Shimao Group said on Wednesday that its Sheraton and Four Points by Sheraton hotels located near the international airport in Hong Kong have ...
Zhipu Said to Weigh Multibillion-Dollar Share Sale in Hong Kong After 2,000% Gain
Chinese artificial-intelligence model maker Zhipu is considering a share sale to raise several billion US dollars in Hong Kong, people familiar with the matter said, after soaring 2,000% since its ...
Hong Kong to send welfare cash to elderly’s mainland Chinese bank accounts from July
Policy applies to elderly welfare recipients retiring in Guangdong and Fujian, with city leader saying measure to ensure ‘more secure retired life’.
Quantity illusion: Think tank says Hong Kong homes have shrunk in size by a quarter over 3 decades
A think tank has found that Hong Kong homes have shrunk in size by a quarter over three decades, even as the government claims housing supply has gone up. It called on authorities to adopt floor area ...
Buyers show interest in Hong Kong hotel complex seized from firm linked to Chinese billionaire Hui Wing Mau
A hotel complex operating under two brands, Sheraton Hong Kong Tung Chung Hotel and the Four Points by Sheraton, have attracted potential buyers as creditors seek to dispose of the asset.
Experts reveal why deadly Hong Kong blaze spread so rapidly
As a judge-led panel continues its public inquiry into Hong Kong’s deadliest fire in decades, experts are set to give evidence on factors that contributed to the rapid spread of the blaze.
ExodusPoint to absorb most of Hong Kong hedge fund Ovata team, sources say
By Summer Zhen and Kane Wu HONG KONG, June 24 (Reuters) - ExodusPoint Capital Management will push further into Asian equities by taking on most of Ovata Capital Management's team as the Hong ...
Ex-Chinese official’s son remanded in Hong Kong over HK$64m money laundering case
Xiao Rui, 37, also faces criminal sanctions for using bogus bank records to deceive Immigration Department into granting him right of abode.
Hong Kong pro-democracy publisher Jimmy Lai honored by DW
Before being imprisoned for 20 years, Jimmy Lai founded Hong Kong's largest pro-democracy newspaper. His son said the award shows that those who fight for the freedom of others "are never alone." ...
American envoy in Hong Kong upbeat on US-China ties, aims to engage city officials
The United States’ top envoy in Hong Kong has expressed optimism about US-China relations and pledged to continue seeking pragmatic and constructive ways to engage with the city’s officials. US Consul ...
AI to help Hong Kong bookworms find a whole new world of words
Hong Kong’s annual book fair returns in July with a renewed focus on cultural exploration, tourism and the role of AI in reading, with the organiser hoping to break last year’s visitor turnout.
Competing for tourists? Then Hong Kong must be ‘bigger and better’: Rosanna Law
'If Hong Kong hopes that our neighbouring cities or competitors can stand still ... I think that is unrealistic,' tourism minister says As Hong Kong marks the 29th anniversary of its return to Chinese ...