According to reports quoting the Hong Kong police, the case is the latest in a string of deepfake scams across the city. Fraudsters have taken to using deepfake technology to modify existing footage …
Hong Kong’s Wang On Group disposes of notes in indebted developer China South City, warns of US$4.2 million annual loss
The Hong Kong conglomerate sold the notes for about US$3.8 million, about 45 per cent of their principal amount Wang On Group expects to see a loss of about HK$32.9 million (US$4.2 million) in the …
3 U.S.-Listed Hong Kong Stocks to Buy as Chinese Markets Collapse
The trend was exacerbated by last year’s ordered liquidation of heavily indebted property developer Evergrande (OTCMKTS:EGRNY). It deteriorated even further to see outflows from Chinese and Hong Kong …
EUROPE Hong Kong whimpers, Japan roars
European traders looking to Asia for direction are going to be pulled in two directions, with Hong Kong led lower by property shares as it limped into the Lunar New Year break, while Japan powered to …
As China woes mount, investment banks brace for more Asia job cuts
A new round of staff cuts that began in late 2023 on the Chinese mainland and Hong Kong, key regional investment banking hubs, will gather pace in the coming months, they added. U.S. boutique bank …
Japan set for fresh 34-year highs; most Asian markets are closed for Lunar New Year holiday
China, South Korea and Taiwan’s markets will be fully shut, while Singapore and Hong Kong will see a half day of trading …
Chinese fans slam Lionel Messi for sitting out HK match but playing in Japan days after
Argentine football star Lionel Messi has apologized to Chinese fans for skipping a friendly game in Hong Kong over the weekend due to an injury, only to be spotted playing in Japan days after. What …
China Market Update: Markets Take A Breather Before Lunar New Year Holiday
The Lunar (Chinese) New Year holiday begins tomorrow. Mainland markets will be fully closed starting tomorrow and remain closed for all of next week. Hong Kong will have a half day tomorrow and be …
Sustain crackdown on Hong Kong housing abuses
Vigorous action against those who misuse city public flats is imperative to make room for the needy When the government initiated a fresh crackdown on public housing abuses last year, the public …
Hong Kong, Singapore prime property prices to see big declines as high rates weigh on sentiment: Savills
Of the 30 cities monitored in the Savills World Prime Residential Index, 17 will see price declines, with Hong Kong projected to see the highest drop of up to 10 per cent and as much as 3.9 per cent …