(Left to right) SCMP deputy Hong Kong editor Olga Wong, CEO of AIA Hong Kong & Macau Alger Fung, finance chief Paul Chan, Hong Kong McKinsey managing partner Arthur Shek and SCMP news editor Denise Tsang. Photo: Dickson Lee

    Hong Kong ‘more than China’s financial sandbox’, Paul Chan says

    Hong Kong is not just China’s economic sandbox but also a driver of the country’s development, the finance chief has said, calling the city the nation’s international financial centre. Financial Secretary Paul Chan Mo-po said on Monday that Hong Kong must move swiftly to embrace artificial intelligence (AI) and “get empowered” in its use, as…

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    Customs seizes record HK$230 million in gold and silver hidden in air cargo

      Customs seizes record HK$230 million in gold and silver hidden in air cargo

      Hong Kong customs officers have discovered HK$230 million (US$29.4 million) worth of gold and silver hidden in two air cargo shipments of household cleaning machines destined for Japan, making the largest seizure of precious metals on record. Senior Investigator Ho Ting-chun of the Customs and Excise Department’s syndicate crimes investigation bureau said on Thursday officers…

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