China grants Hong Kong new yuan quota as Payment Connect kicks off for 315 million users

China grants Hong Kong new yuan quota as Payment Connect kicks off for 315 million users

China’s financial authorities have granted Hong Kong residents a new daily remittance quota for the yuan, as a cross-border electronic transactions service prepares to kick off, linking 315 million users between the city and the mainland. Starting from noon on Sunday, the 17 million registered users of Hong Kong’s Faster Payment System (FPS) will be…

Read More
MTR and Hong Kong Disneyland Celebrate 20th Anniversary with Themed Trains, Exclusive Collectibles, and Magical Travel Journeys

MTR and Hong Kong Disneyland Celebrate 20th Anniversary with Themed Trains, Exclusive Collectibles, and Magical Travel Journeys

Home » Hong Kong News » MTR and Hong Kong Disneyland Celebrate 20th Anniversary with Themed Trains, Exclusive Collectibles, and Magical Travel Journeys Saturday, June 21, 2025 In celebration of two decades of magic, MTR Corporation and Hong Kong Disneyland Resort (HKDL) have teamed up to launch an extraordinary series of commemorative events. Marking the…

Read More
ICAC charges 2 more over ParknShop ‘ghost workers’ wage scam in Hong Kong

ICAC charges 2 more over ParknShop ‘ghost workers’ wage scam in Hong Kong

Hong Kong’s anti-corruption agency has charged two more people, including a former warehouse manager, for allegedly defrauding the ParknShop supermarket chain out of more than HK$3.2 million (US$407,642) in wages through fraudulent work records. The Independent Commission Against Corruption (ICAC) announced on Friday that it had levelled a charge of conspiracy to defraud against former…

Read More