Gold clearing framework gives Hong Kong regional leverage, global edge

    Gold clearing framework gives Hong Kong regional leverage, global edge

    Anisha Bhaduri says city’s integrated gold ecosystem will likely inspire confidence Last week, Hong Kong started trialing a new central clearing and settlement system for gold, lending it a first-mover advantage in the region as it endeavors to establish itself as Asia’s foremost bullion-trading hub. In June, Singapore announced it would establish an over-the-counter gold…

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    Hong Kong passes bill for Huanggang ‘co-location’ arrangement

      Hong Kong passes bill for Huanggang ‘co-location’ arrangement

      Hong Kong’s legislature has passed a bill providing the legal basis for implementing a “co-location” arrangement at the upgraded Huanggang border crossing following a four-hour meeting, after the city’s security chief said it must be approved by July 31. The passage of the Huanggang Port Hong Kong Port Area Bill, which was gazetted on Tuesday,…

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      Tidal bore and moonlight: Zhejiang showcases travel attractions

        Tidal bore and moonlight: Zhejiang showcases travel attractions

        Tourists view lotus flowers at the West Lake scenic spot in Hangzhou, East China’s Zhejiang province, June 24, 2025. (PHOTO / XINHUA) HONG KONG — A cultural and tourism promotion event for Zhejiang province was held in Hong Kong Wednesday, as the eastern Chinese province rolled out the red carpet for travelers from Hong Kong…

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        Is Hong Kong kicking the can down the road with ride-hailing quota?

          Is Hong Kong kicking the can down the road with ride-hailing quota?

          Taxi trade leader Chau Kwok-keung says he has never felt as much fear as he does now after transport minister Mable Chan set a 10,000-vehicle cap for ride-hailing service permits in May, in a bid to resolve what she called a “long-standing controversy” between traditional cabs and online service providers. Chau, a 40-year veteran of…

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