News
Hong Kong’s weather bureau is tracking a tropical disturbance spinning in the warm waters east of the Philippines, which may develop into the first typhoon of the season next week. The low-pressure system may enter the South China Sea and move toward the southern coast of mainland China around the middle of next week, according…
Hong Kong police have launched their first drone patrols in urban settings, with the unmanned aerial vehicles able to inspect an area the size of 13 football pitches in 25 minutes. The force on Friday deployed a drone to cover a 96,000 square metre area around Yau Ma Tei and Jordan in Kowloon. Carlos Shum…
Hong Kong-based Cathay Pacific has made its long-awaited return to the Italian capital city of Rome with the commencement of new summer seasonal flights between the two cities. The addition of Rome to the carrier’s network brings its total number of destinations served to almost 100, with other new routes planned for later in 2025….
Beijing’s police authority has unveiled a plan for liquidating cryptocurrencies confiscated in criminal cases by selling them through licensed exchanges in Hong Kong, a move that could aid the southern city’s efforts to become a virtual asset hub. The municipal Public Security Bureau in Beijing said on Thursday that it has partnered with the China…
A Hong Kong policeman has been critically injured after falling off a bridge to evade being struck by a bus while he was handling a traffic incident, the Post has learned. A source said that the officer drove a police vehicle to the Hong Kong-Shenzhen Western Corridor towards the direction of the Shenzhen Bay crossing…
Foreign exchange reserves in Hong Kong increased to $431 billion in May, marking the highest level since March 2023, from an upwardly revised $410.2 billion in the previous month. The amount represented more than five times the currency in circulation, or about 38% of Hong Kong dollar M3. Including unsettled foreign exchange contracts, the foreign…
Jun 6, 2025 Manulife (International), the largest pension provider in Hong Kong, has announced its plan to redomicile from Bermuda to Hong Kong in November. This decision, outlined in a notice sent to customers, underscores the company’s confidence in Hong Kong’s standing as a global financial center. The move positions Manulife (International), a subsidiary of…
Hong Kong’s government is in a rush to bring its stablecoin legislation into force. On 21 May the legislature approved the new law, and days later the Hong Kong Monetary Authority (HKMA) launched a consultation regarding the detailed rules, which runs until the end of June. Today the government published an ordinance signalling plans for…
What’s going on here? Hong Kong’s stock market took a hit on Friday, breaking its recent winning streak despite a positive chat between President Trump and President Xi about trade and rare earths. What does this mean? The Hang Seng Index dipped 0.5% to 23,792.54, and the Hang Seng China Enterprises Index fell 0.6% to…
What’s going on here? Artisan Partners, a US investment firm, is closing its Hong Kong office by June 2025, winding down its Greater China strategy amid rising US-China tensions. What does this mean? Artisan Partners managed $164.4 billion globally as of April 2025, but its China-focused strategy, targeting small- and mid-cap companies, faced a 10.4%…