“Hong Kong’s currency peg to the dollar is not sustainable. The city risks being increasingly led by US monetary policy,” independent economist Andy Xie wrote last month. “As global yuan demand grows, switching to that currency would boost Hong Kong’s financial fortunes.”
Top Hong Kong protest song removed from major music platforms
"Glory to Hong Kong," a popular song among pro-democracy protestors and secessionists in the administrative region, has been removed from several major streaming services and platforms.
Chinese man arrested for spraying anti-US graffiti on US Consulate in Hong Kong
A Chinese man was arrested for allegedly vandalizing the gate of the U.S. Consulate in Hong Kong with white paint on Tuesday morning, according to reports. How he did it: The man allegedly spray-painted the gate and wall of the consulate with the English word “hegemony” and the Chinese words for “double standards.
Hong Kong protest anthem’s online presence fades as govt seeks total ban
Various versions of the pro-democracy protest anthem "Glory to Hong Kong" were unavailable on Apple’s iTunes Store, Spotify, Facebook and Instagram’s Reels on Wednesday after the government sought an ...
Man arrested after spray painting graffiti on U.S. consulate in Hong Kong
A man was arrested in Hong Kong after spray painting graffiti on the U.S. consulate amid heightening tensions between the U.S. and China. The suspect spray painted the word “hegemony” in English, and ...
Why Hong Kong can’t cut loose from the US dollar just yet
By selling US dollars to buy Hong Kong dollars, the HKMA withdraws cash from the banking system, reducing the city’s aggregate balance and causing interest rates to rise. This strengthens the Hong Kong dollar, enabling it to stay within the trading band. The same is true in reverse.
Chinese man arrested over graffiti at US Consulate in Hong Kong, police say
Hong Kong police arrested a man who allegedly spray-painted graffiti on the wall and gate of the U.S. Consulate, according to media reports and the police.
Hong Kong’s New Crypto Rules Explained
Regulators say they'll welcome firms with "genuine operations and genuine business practices," which could mean an office or employees in Hong Kong.
State Department amends comment on APEC invitation for Hong Kong’s leader
The U.S. State Department amended part of a statement to Congress in which it said Washington would invite Hong Kong's chief executive, who faces U.S. sanctions, to a November summit, after lawmakers urged he be barred from entering the country.
Greenwich Economic Forum brings next investment conference to Hong Kong as financial leaders look to reopening of China
The Greenwich Economic Forum (GEF) will host its first event outside the U.S., with a conference on Thursday and Friday in Hong Kong. In one of the world's top financial centers, GEF officials are aiming to leverage the economic re-opening of China,
Ant-Man Gets Squashed as Hong Kong’s Movie Revival Follows Covid, Protests
Locally made movies are again contenders at Hong Kong’s box offices and film awards, but they differ from the crime thrillers and kung fu epics of past decades.
Chinese man arrested in Hong Kong for allegedly spray painting anti-US graffiti at US Consulate
A Chinese man who painted the words “hegemony" in English and “double standards" in Chinese at the U.S. Consulate in Hong Kong has been arrested, according to the authorities.
Giant inflatable duck deflates in Hong Kong’s Victoria Harbor
One of two giant rubber ducks anchored in Hong Kong’s Victoria Harbor as an installation by Dutch artist Florentijn Hofman deflated in the city’s scorching heat. Organizers said they released air from ...
Hong Kong Telco HKBN Ends Talks on Potential Sale to I Squared
Hong Kong broadband provider HKBN Ltd. said it’s ended talks on a potential sale to private equity firm I Squared Capital. Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payme