Hong Kong has unveiled its first five-year strategic blueprint, placing the financial sector at the centre of its economic strategy and describing finance as the city’s “pivotal and crowning strength”. The plan,
Hong Kong, the capitalist powerhouse often described as the “Mecca of Chinese capitalism,” is moving aggressively to reinvent itself as China’s premier scientific capital. Its skyline of luxury malls, financial towers, and
More Hong Kong is set to ease rules governing crypto trading to encourage greater activity in the city’s digital asset market, Bloomberg reports. Julia Leung, Chief Executive Officer of the Hong Kong Securities
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by Our Economic Affairs Editor When Russian forces invaded Ukraine in February 2022, Western governments unleashed a barrage of unprecedented sanctions aimed at strangling Moscow’s war economy. From semiconductor exports to banking
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HSBC Holdings Plc plans to take its Hong Kong-based subsidiary, Hang Seng Bank Ltd., private in a deal valued at approximately $37 billion, signaling a major bet on the city’s financial recovery
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Zhongji Innolight Co., a leading Chinese manufacturer of optical communication modules and devices, is exploring a potential listing in Hong Kong, Bloomberg reported, citing people familiar with the matter. The move would
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Hong Kong is set to dramatically scale up its surveillance capabilities, with plans to install tens of thousands of cameras equipped with artificial intelligence-powered facial recognition technology. Security chief Chris Tang announced
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Chinese tech giant Alibaba Group Holding Ltd. is reportedly in talks to acquire the top 13 floors of One Causeway Bay in Hong Kong in a deal valued at around HK$7 billion
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A HK$100 billion ($12.8 billion) urban development plan near Hong Kong International Airport is running into turbulence, with its flagship retail complex struggling to attract tenants and developer New World Development (NWD)
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Hong Kong is bracing for what could become the strongest typhoon in the city’s history as Super Typhoon Ragasa edges closer, bringing hurricane-force winds and pounding waves. The Hong Kong Observatory raised
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Travel chaos gripped Hong Kong on Tuesday (Sept 23) as Super Typhoon Ragasa forced mass flight cancellations and dangerous conditions across the city. The Airport Authority said a total of 382 flights
More China’s securities regulator has advised some local brokerages to temporarily pause their real-world asset (RWA) tokenisation activities in Hong Kong, Reuters has learned from two sources familiar with the matter. The guidance
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Super Typhoon Ragasa, the world’s most powerful storm of 2025, is churning through the South China Sea after battering the northern Philippines, where it left at least two people dead and several
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Hong Kong International Airport is considering grounding all passenger flights for 36 hours — the longest suspension in recent memory — as the city braces for Super Typhoon Ragasa, Bloomberg reported, citing
More A leading Hong Kong real estate industry association has called on the government to create a HK$20 billion ($2.6 billion) fund to invest in distressed properties, warning that the city’s worsening property
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U.S. President Donald Trump has pledged to intervene in the case of Jimmy Lai, the British-Hong Kong media tycoon on trial under Hong Kong’s national security laws, telling The Times UK and
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