The Shanghai Gold Exchange plans to expand its warehouse network to Hong Kong, helping to raise the profile of its yuan-denominated products, including for the precious metal, beyond mainland China. The new vault will be operated by a subsidiary of Bank of China Ltd., according to people familiar with the matter, who requested not to…
Hong Kong Air Cargo has announced the signing of a memorandum of understanding (MoU) with Turkish Cargo on 22 April 2025, marking a key milestone in strengthening strategic cooperation between the two carriers. The MoU outlines a mutual commitment to explore deeper collaboration in air cargo operations, focusing on codeshare arrangements, freighter aircraft cooperation, and…
The Hong Kong General Chamber of Commerce said on April 17 that a delegation of 10 to 20 members and leaders would not depart for Dallas on April 24 as scheduled due to the rapidly changing geopolitical situation. It would have been the chamber’s first visit to the US in seven years. The New People’s…
A worker fell to his death at a construction site in Hong Kong on Tuesday, despite reportedly wearing a safety harness. The 62-year-old scaffolder was working on the fifth floor of a construction site on On Chuen Street, next to the Grace Industrial Building, in Fanling and fell sometime before 3pm. His colleagues found him…
Recent weakness in the Hong Kong dollar against some regional currencies has made the city more appealing to inbound tourists while lowering the costs of services, economists and industry leaders have said. The Hong Kong dollar, pegged to the US dollar, weakened against a basket of currencies as reflected in the US dollar DXY Index,…
網媒Channel C的母公司涉夥同關聯公司詐騙政府「百分百擔保特惠貸款」，金額達1,200萬港元。執法部門以涉嫌「詐騙」及「串謀詐騙」拘捕6人，包括該公司負責人。Channel C自4月23日起停止更新頁面。有消息指，該公司29名職員被拖糧。Channel C今日(6日)更新社交平台，指公司的銀行戶口被凍結，平台短期內沒法維持日常運作，而公司已被債權人接管。 Channel C指，正與執法部門溝通，希望可以解除銀行戶口凍結，但過程需時，平台短期內沒法維持日常運作；而現時關於公司的各樣資產，調動前有責任要得到債權人同意。Channel C將與債權人溝通，在獲授權後，回覆付費會員的退款申請。 母公司藝園媒體製作有限公司未有為員工繳交2024年10月至今年3月的強積金供款及附加費，有18名員工受影響，涉及金額約23萬港元。 Channel C母公司及相連公司涉以虛假銀行紀錄欺騙百分百貸款，本月16日，執法部門以涉嫌「詐騙」及「串謀詐騙」拘捕6人(29至45歲)，包括該公司負責人。 Source link
Chief Executive John Lee Ka-chiu speaks to members of the media ahead of the Executive Council meeting on May 6, 2025. (ADAM LAM / CHINA DAILY) Hong Kong Chief Executive John Lee Ka-chiu is planning to lead a delegation of over 50 business leaders — from both the city and the Chinese mainland — to…
As Hong Kong’s Fashion InStyle fairground wrapped up, attendance numbers underscored the Fragrant Harbour city’s international influence as a global trade platform. Organized by the Hong Kong Trade Development Council (HKTDC), a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade, the global show brought together some 400 exhibitors and drew…
(Reuters) -Hong Kong launched a scheme on Tuesday to offer smoother listings for tech companies on its stock exchange, as it looks to capitalize on Chinese companies’ growing appetite to raise funds offshore. The new “technology enterprises channel” will make new listings easier for specialist technology and biotechnology firms, the bourse operator and Hong Kong’s…
The Hang Seng advanced 158 points or 0.7% to end at a one-month peak of 22,663 on Tuesday, marking its fourth straight gain amid signs of easing trade tensions. President Trump said Sunday that the U.S. was engaging with several countries, including China, on trade deals. Locally, Hong Kong’s economy grew 3.1% yoy in Q1 2025—the…