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The Ant Group international arm’s decision to apply for a stablecoin licence in Hong Kong is an early boost for the city’s digital assets aspirations, as it plays catch-up with rival Asian financial centres. The company, which operates China’s ubiquitous Alipay mobile payments system, said on Thursday it would apply for a licence to issue…
Top government adviser and veteran lawyer Moses Cheng Mo-chi has been appointed to steer a high-level body established to develop Hong Kong’s status as an international maritime hub. Cheng’s appointment as the board chairman of the Hong Kong Maritime and Port Development Board (HKMPDB) was announced on Friday. The 74-year-old is a senior consultant at…
Tickets for K-pop sensation Blackpink’s concerts in Hong Kong sold out in a little more than an hour and a half of going on general sale, leaving many fans disappointed. A Post reporter visited the ticket booking platform Cityline when sales opened on Friday at 11am. However, by noon, the wait time on the loading…
We have selected seven stories from the SCMP’s coverage over the past week that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. China starts mass production of world’s first non-binary AI chip The breakthrough overcomes fundamental barriers in traditional…
Meta Platforms is taking a Hong Kong company to court for allegedly using its social media accounts to promote an app that uses artificial intelligence to generate sexually explicit images of people without their consent. In a statement released on its website on Thursday, the American multinational technology company said it had filed a lawsuit…
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails China‘s national security authorities in Hong Kong and the city’s police launched their first publicly known joint operation, raiding the…
Chinese heating systems supplier Zhejiang Sanhua Intelligent Controls 002050 aims to raise up to HK$8.12 billion ($1.03 billion) via a Hong Kong listing, reflecting a broader trend of mainland companies tapping into the capital markets rebound. The company, which develops environment-friendly thermal management solutions, is offering 360.3 million H-shares at a maximum offer price of…
Image made on Canva Pro by Ameya Nagarajan for Global Voices “Where Are You REALLY From?” is a new podcast series from Global Voices that emerged from a panel at the December 2024 Global Voices summit in Nepal, where members of the Global Voices community shared their experiences of dealing with other people’s perceptions about…
An electronic screen and ticker at the Exchange Square Complex, which houses the Hong Kong Stock Exchange, on Feb. 26, 2025. With international funds returning to Hong Kong IPOs, Chinese condiment and sauce giant Haitian Flavouring & Food Co. launched its HK$10 billion ($1.27 billion) H-share offering Wednesday — marking another major “A-share first, H-share…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a faculty member at Yale, formerly chair of Morgan Stanley Asia, and is the author of ‘Accidental Conflict: America, China, and the Clash of False Narratives’ Controversy swirls over the future of…