Hong Kong

Gold-Backed Digital Assets Misses Point: How Hong Kong’s Regulatory and Liquidity Framework Defines Market Reality Beyond Geopolitical Narratives

The global financial conversation shifted sharply. US Treasury Secretary Scott Bessent suggested before the US Senate Banking Committee that he “would not be surprised” if China were exploring digital assets backed by gold rather than the renminbi. His remarks, referencing...
Asian Stock

Asian Markets Rise as U.S. Dollar Slips Amid Powell Subpoena and Geopolitical Tensions

Asian equities climbed on Monday while the U.S. dollar softened and investors sought haven assets after a bombshell development in Washington that has shaken global financial markets: the U.S. Department of Justice (DOJ) has subpoenaed the Federal Reserve, threatening a...
Hong Kong media tycoon Jimmy Lai

Hong Kong Court to Hear Final Mitigation Plea of Jimmy Lai as Pro-Democracy Tycoon Faces Possible Life Sentence Under National Security Law

Hong Kong’s High Court will on Monday (Jan 12) hear the mitigation plea of pro-democracy media tycoon Jimmy Lai, marking the final procedural stage before sentencing in one of the most consequential national security trials since Beijing imposed the sweeping...
China Semiconductor

Chinese AI, Chip and Robotics Firms Surge in Hong Kong Debuts After Raising HK$9.3 Billion, Fueling Hopes for Stronger IPO Year

Three Chinese technology companies made strong stock market debuts in Hong Kong on Thursday after raising a combined HK$9.3 billion ($1.19 billion), reinforcing investor hopes that 2026 could mark a more active year for initial public offerings in the city....
Wang Fuk Court, a residential estate in Tai Po district of Hong Kong's New Territories

Hong Kong to Conclude Independent Probe Into Deadly High-Rise Fire Within Nine Months

Hong Kong will aim to complete an independent investigation into the catastrophic high-rise fire that killed at least 160 people within the next nine months, Chief Executive John Lee announced on Friday (Dec 12). The pledge comes more than two...
Wang Fuk Court, a residential estate in Tai Po district of Hong Kong's New Territories

Hong Kong National Security Office Warns Foreign Media Over Coverage of Deadly High-Rise Fire Ahead of Election

China’s national security office in Hong Kong has issued an unusually direct warning to foreign media, accusing several outlets of spreading “false information” and “smearing” the government’s response to the city’s deadliest fire in nearly eight decades. The statement, released...
Pedestrians walk past the banner promoting the Hong Kong Legislative Council General Election in Hong Kong

Hong Kong Votes Under “Patriots Only” Rules as City Reels From Deadliest Fire in Decades

Hong Kong went to the polls on Sunday (Dec 7) in its second Legislative Council election under Beijing’s “patriots only” framework, a vote unfolding under the shadow of a catastrophic blaze that claimed at least 159 lives and left the...
Hong Kong fire: Wang Fuk Court structure fire, Tai Po District, Hong Kong.

Hong Kong High-Rise Inferno Claims at Least 146 Lives as Anger Mounts Over Safety Failures

The death toll from a catastrophic fire that ripped through multiple high-rise residential blocks in Hong Kong has risen to at least 146, authorities confirmed on Sunday, marking the city’s deadliest blaze in more than seven decades. Police warned the...
Hong Kong

Hong Kong Shuts Down Amidst Typhoon Toraji: Businesses and Schools Impacted by Severe Weather Alert

Hong Kong awoke to an unexpected quiet on Thursday morning as the city’s usually bustling financial and commercial districts slowed under the shadow of Typhoon Toraji. After authorities raised the third-highest typhoon warning overnight, schools and many businesses were instructed...
Casino Tycoon Lui Che Woo

Casino Tycoon Lui Che Woo, Architect of Macao’s Rise to Gambling Supremacy, Passes Away at 95

Lui Che Woo, the Hong Kong-born casino magnate whose vision helped Macao overtake Las Vegas as the world’s gambling capital, has died at the age of 95. Galaxy Entertainment, his company, confirmed that Lui passed away on November 7 in...
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