Recently, the Hong Kong Securities and Futures Commission (SFC) issued new regulatory directives requiring significant upgrades to customer authentication systems. The measures require all licensed internet brokers and Virtual Asset Trading Platform (VATP) operators to stop using One-Time Passwords (OTPs) delivered via SMS or email for customer login and device binding. Instead, regulated firms must…
Hong Kong police have arrested a 21-year-old student and a jobless 19-year-old on suspicion of deliberately causing more than 120 traffic accidents across the city in “crash-for-cash” scams, racking up more than HK$1 million (US$127,570) in fraudulent compensation. Chief Inspector Tam Tsz-wai of the New Territories North regional crime unit said officers suspected the pair…
Calls on SMEs to Accelerate Global Expansion and Seize New Cross-border Growth Opportunities HONG KONG, July 14, 2026 /PRNewswire/ — The GBA Global Business Expansion Summit, fully sponsored by Standard Chartered Bank (Hong Kong) Limited and organized by Television Broadcasts Limited (TVB), grandly opened in Hong Kong today. This year’s summit focuses on helping small and…
Five traffic accidents have occurred along a new overpass on Tsuen Wan Road within the first three days of its operation, with Hong Kong transport authorities saying additional signage has been installed to remind motorists of the traffic arrangements. Three of the incidents occurred within 15 minutes of each other on Tuesday morning, involving a…
Hong Kong booksellers are just hoping to match last year’s business levels for the 2026 edition of the city’s annual book fair, with some vendors expressing little optimism during a period of prolonged downturn for the publishing and retail sectors. The seven-day Hong Kong Book Fair, which runs in tandem with the Sports and Leisure…
Hong Kong authorities have gazetted a new law regulating an upgraded border crossing, between the city and Shenzhen, marking another major step to launch the first joint immigration model that will cut clearance times from the current 30 minutes to five. The Huanggang Port Hong Kong Port Area Bill was gazetted on Tuesday, with a…
Hong Kong’s national security laws must be constantly improved to address risks and close loopholes amid geopolitical tensions, a former senior mainland Chinese official overseeing the city’s affairs has said, while insisting that the local pieces of legislation were less draconian compared with equivalent laws in the United States and United Kingdom. Wang Zhenmin, former…
An independent Hong Kong bookshop founded by journalists has announced that it will close on August 30, citing financial losses and “hard-to-grasp red lines”. In a statement posted on social media on Tuesday, the bookstore Have a Nice Stay said its decision was driven by the broader social environment, financial strain, staff development considerations, and…
A Hong Kong woman has been sentenced to 10 years in prison for assisting in robbing three people as a teenager by luring them to a deserted location before her fellow gang members attacked them and took nude photos for extortion. The High Court sentenced 23-year-old Hau Yan-ki on Tuesday after a jury rejected her…
A Hong Kong couple have lodged a complaint with the United Nations for alleged breach of human rights after Swedish authorities applied to permanently transfer the legal guardianship of their daughter to a local foster family. Tsang Wai-bong and Kwan Pui-sin said on Tuesday that they had filed their complaint to the UN Human Rights…