Hong Kong will implement its new Stablecoins Ordinance on August 1, formalizing the city’s regulatory framework for stablecoin-related activities and introducing a licensing regime aimed at strengthening oversight of the fast-growing digital asset sector. The ordinance, which was officially gazetted on May 30, is a key element of Hong Kong’s broader push to position itself…
Hong Kong’s Urban Renewal Authority (URA) plans to improve pedestrian connectivity and public access to the harbourfront at one of two sites the cash-strapped body has been granted by the government to boost its finances. Authority managing director Wai Chi-sing revealed more details about the plot in To Kwa Wan in his blog on Sunday,…
Hong Kong’s restaurant industry faces a bleak second half of the year as both low-cost and high-end operators succumb to the economic slowdown, sector leaders have warned, putting part of the blame on the trend of residents heading across the border to spend. Industry representatives gave their grim assessment on Sunday, just days after King…
An officer critically injured after falling 10 metres (33 feet) from a flyover near Tuen Mun when trying to avoid an oncoming bus “did what he needed to do”, Hong Kong’s police chief said on Sunday. Commissioner of Police Joe Chow Yat-ming said the constable, 31, had regained consciousness but remained in the intensive care…
Hong Kong students hoping to attend universities in the US should review their social media for content related to the country’s politics, an education consultant has advised, as uncertainties swirled amid reported flip-flopping over whether consulates could process visa applications for Harvard. Consultants on Sunday told the Post they were still trying to get confirmation…
Hong Kong’s finance chief expects the tourism sector to make a robust recovery this year, citing the 10 and 18 per cent year-on-year growth in the number of mainland Chinese and international visitor arrivals recorded in the first five months. In his weekly blog on Sunday, Financial Secretary Paul Chan Mo-po also said he was…
8th June 2025 – (Hong Kong) The Hong Kong government has been vigorously promoting the “mega events economy” in recent years. Financial Secretary Paul Chan shared in a blog post today (8th) that visitor numbers to Hong Kong have continued to rise this year, with major increases seen in both mainland Chinese and overseas visitors….
In a development that marks the first criminal prosecution linked to the sprawling Vesttoo scandal, Hong Kong authorities have charged a former China Construction Bank (CCB) employee with accepting nearly half a million dollars in cryptocurrency bribes to authenticate forged financial documents. The arrest and charging of Chun-Yin Lam, a former relationship manager at CCB…
Hong Kong’s restaurant industry faces a bleak second half of the year as both low-cost and high-end operators succumb to the economic slowdown, sector leaders have warned, putting part of the blame on the trend of residents heading across the border to spend. Industry representatives gave their grim assessment on Sunday, just days after King…
A treatment room at the Cordis, Hong Kong. Its Chuan Spa combines traditional Chinese medicine and the latest technology. Cordis, Hong Kong You’re face-down on a heated jade bed, with a hint of Azorean lavender in the air, when it hits you: Your phone hasn’t buzzed in 20 minutes. Above you, floor-to-ceiling windows frame the…