An e-commerce industry leader has suggested that Hong Kong should consider allowing a popular quick payment operator to arbitrate online transactions amid the rising trend of internet shopping scams, while also urging buyers not to use bank accounts for purchases. The statement comes after police earlier revealed that the amount of money lost by Hongkongers…
A Hong Kong lawmaker urged global investors to maintain confidence in the city’s Web3 industry after cryptocurrency mogul Justin Sun denounced alleged “loopholes” in local financial regulations. Hong Kong had “a legal basis and a healthy environment” to protect international investors and the city’s Web3 sector, Legislative Council member Johnny Ng Kit-chong wrote on Thursday…
A Hong Kong lawmaker urged global investors to maintain confidence in the city’s Web3 industry after cryptocurrency mogul Justin Sun denounced alleged “loopholes” in local financial regulations. Hong Kong had “a legal basis and a healthy environment” to protect international investors and the city’s Web3 sector, Legislative Council member Johnny Ng Kit-chong wrote on Thursday…
Hong Kong should step up measures to protect mainland Chinese students against scams, such as arranging a quiz before their visas are issued, lawmakers have urged, after two local universities reported at least HK$75 million (US$9.6 million) were lost to fraudsters. The growing number of mainland students falling victim to scams while studying in the…
The risk of a geomagnetic storm to planes is minimal provided the aircraft has enough fuel to cope with a longer route, a Hong Kong aircrew organisation has said after a Cathay flight was diverted due to the space weather event. The Hong Kong Aircrew Officers Association, a Cathay Pacific Airways’ pilots’ union, shared the…