UK landlord Land Securities said on Friday it sold One New Street Square office property in London to Hong Kong-based Chinachem Group for 349.5 million pounds ($432.12 million), in tune with its …
China’s film industry shoots for post-Covid recovery
After spending six years and HK$450mn (US$58mn) on science fiction epic Warriors of Future, Hong Kong film star and avowed Star Wars fan Louis Koo hoped it would capture the imaginations of China’s …
Biden extends deportation protections for Hong Kong residents amid ‘increasing repression’ in China
President Joe Biden signed off on a two-year extension of a program that protects Hong Kong residents in the U.S. from deportation due to “increased repression” from the Chinese government.
Vietnam will always remain a good business partner of Hong Kong, says top official
Vietnam is always a very good business partner of Hong Kong (China), and the two sides have maintained effective trade and investment ties over the past years, according to Hong Kong’s Secretary for …
Consumption vouchers again for Hong Kong? Won’t help revive economy, say experts
Finance minister Paul Chan has yet to decide whether to issue fresh round of consumption vouchers, with this year’s budget to be delivered on February 22 Economist Simon Lee says some voucher …
Biden extends program allowing some Hong Kong residents to stay in US
President Biden has extended a program that allows certain residents of Hong Kong to stay in the United States as China has taken steps to limit the sovereignty of the city. The White House said in a …
Beijing Accuses Top US Official in Hong Kong of Vilifying China
China’s foreign ministry accused the top US official in Hong Kong of discrediting the city’s business reputation after he warned of diminishing confidence in its rule of law, the latest sign of frayed …
Virtual assets outlook: Hong Kong expected to develop a thriving fintech ecosystem over the coming year
Leading companies in the world of virtual assets and Web3 set an optimistic mood for the industry, including New Huo Tech with its annual report showing virtual assets accounting for 95 per cent of …
Hong Kong’s card payments market to hit $106.7b in value by 2026
But rising interest rates and ongoing geopolitical tensions threaten growth. Hong Kong’s credit and charge card payments market will be valued $106.7b (HK$831.9b) by 2026, according to a report by …
Hong Kong, Singapore, and Japan’s Regulation of Cryptocurrencies: What You Need to Know
Some of the most developed financial regulations in the world are found in Singapore, Hong Kong, and Japan. Therefore, it is not surprising that talks about how to govern cryptocurrency have been …