China is not a fan of cryptocurrencies. Over the past decade, the Chinese government has built up one of the world’s most hostile regulatory frameworks against cryptocurrency-related activities, including trading and mining. Beijing views digital assets like bitcoin as a threat to the country’s financial stability and capital account controls, and even a challenge to…
HONG KONG — The Hong Kong government has sharply raised fees for work visas amid a sustained fiscal deficit, underscoring a shift from the generous, low-tax business environment it used to provide. Under the new two-tiered schedule, individuals seeking to stay more than 180 days are required to pay 1,900 Hong Kong dollars ($242) — a HK$600…
The sudden closure of 1880 Hong Kong, a Singapore-based private club, has left members reeling, with one losing HK$38,000 (US$4,845) paid just two months prior and others complaining to customs, alleging a violation of the Trade Descriptions Ordinance. The club, located in Quarry Bay’s Two Taikoo Place, operated for only seven months before shutting down…
By Reuters Published June 2, 2025 Hong Kong’s retail sales fell for a 14th straight month in April, government data showed on Monday, as local consumers remained cautious and visitors from mainland China spent less, although the decline was smaller than in March. Retail slump continues in Hong Kong: Fashion and jewelry sales decline. –…
More than 22 hectares (54 acres) of ecologically valuable land have been damaged in Hong Kong’s South Lantau and northwestern New Territories, local groups have found, warning that poorly planned tourism development in these areas will worsen the harm. Greenpeace and Liber Research Community, an NGO focusing on development issues, released findings of a survey…
Mediation training will be offered to property managers in Hong Kong as part of a government pilot scheme, launching next month, to help them better address water seepage complaints from tenants. Some 120 senior property management staff from around 90 private housing estates will be selected to join the pilot programme. Six training sessions will…
Sinographs June 2, 2025 • 1:20 pm ET Print this page Hong Kong highlights China’s policy of decoupling from US financial markets By Jeremy Mark As financial markets nervously adjust to President Donald Trump’s unpredictable tariff policy, an overlooked shift in US-China economic relations is taking place on the Hong Kong stock market. There, a…
Five per cent of more than 90,000 critical infrastructure facilities in Hong Kong had “varying degrees of system vulnerabilities” last year, according to the cybercrime unit of the city’s police force. File photo: Sora Shimazaki, via Pexels. Credential leakage and compromise, hijackable subdomains, and exposed cloud storage were three critical and high-risk vulnerabilities identified in…
Hong Kong police have launched a manhunt for a robber who held up a Hang Seng Bank branch with a knife and injured a staff member before fleeing with HK$370,000 (US$47,180). Wearing a face mask and cap, the man entered the bank alone at Fortune City One shopping centre on Ngan Shing Street at about…
STORY: This year, Hong Kong activist Fu Tong will be in Taiwan to mark the 36th anniversary of Beijing’s Tiananmen Square crackdown. :: July 3, 2020 He and his wife Elaine To were among the first demonstrators in Hong Kong to be charged with rioting in 2020 after pro-democracy and anti-China protests started the year…