Minna Honkanen could not have anticipated the seismic events that would grip Hong Kong after she decided to try her luck there in early 2019. Two months after she arrived, unprecedented social unrest engulfed the city, followed immediately by the coronavirus pandemic, which shut borders and restricted travel for more than two years. Least of…
HSBC, the largest lender in Europe and Hong Kong by assets, has signalled for the first time its intent to engage with the city’s forthcoming stablecoin regime, citing Hong Kong’s sound regulatory environment and its potential to drive innovation in the digital asset space. “We are interested in every part of Hong Kong’s innovation landscape,…
Financial Secretary Paul Chan Mo-po responds to media members during a news conference about the 2026-27 Budget at the government headquarters in Admiralty on Feb 25, 2026. (ANDY CHONG / CHINA DAILY) Hong Kong needs more enterprises adept at leveraging artificial intelligence, as well as in the financial and professional services sectors, with deeper expertise…
Hong Kong’s public airmail services to 24 countries across the Middle East, Africa and Central Asia have been affected after a joint US-Israeli attack on Iran forced flight cancellations to two Gulf states and disrupted transit journeys. A Hongkong Post spokesman said on Sunday evening that the department’s airmail services to Saudi Arabia and the…
Passengers flying with Hong Kong’s Cathay Pacific Airways have criticised the flag carrier over its compensation and rebooking policies after flights to the Middle East were cancelled due to the joint United States-Israeli attack on Iran. Cathay Pacific said on Sunday that it was “waiving rebooking and re-routing charges for the affected customers” to give…
Hong Kong authorities have received 194 inquiries from residents stranded in the Middle East amid a joint US-Israeli attack on Iran, which forced flight cancellations and left some seeking refuge in local hotels. The Immigration Department confirmed to the South China Morning Post that all residents who inquired about the situation and flight arrangements were…
A “relatively flexible” legal framework for Hong Kong’s Northern Metropolis will be introduced to the Legislative Council in late March to fast-track the megaproject’s development, a minister has said. Secretary for Development Bernadette Linn Hon-ho shared the update on the planned framework on Sunday, days after the city’s latest budget sought to allocate HK$30 billion…
Hong Kong aims to host fairs on robotics, yachts and small jets – events never before held in the city – to cement its status as an international exhibition hub and attract big spenders, the commerce minister has said. Secretary for Commerce and Economic Development Algernon Yau Ying-wah on Sunday said the push was in…
A personalised car number plate featuring the letter “H” has fetched HK$20 million (US$2.55 million) at a government auction, the fourth-most-expensive one sold in Hong Kong at 4,000 times its reserve price. Other high bids at Sunday’s Chinese New Year auction of vehicle registration marks included the plates “30” at HK$4.55 million, “101” at HK$1.01…
A subsidiary of state-owned conglomerate China Resources (Holdings) has acquired a Hong Kong hotel and plans to convert it into student housing amid a wave of investments driven by rising demand after the city raised the cap on non-local students. CR Longdation signed an agreement to buy four-star hotel Hotel Cozi Oasis in Kwai Chung,…