The amount of money lost by Hongkongers in online shopping scams rose by 87 per cent to HK$356 million (US$45 million) in 2024, with a woman who was cheated out of nearly HK$1 million in fraudulent concert ticket sales among cases. Police recorded 11,559 online shopping fraud cases last year, marking a 29.2 per cent…
The amount of money lost by Hongkongers in online shopping scams rose by 87 per cent to HK$356 million (US$45 million) in 2024, with a woman who was cheated out of nearly HK$1 million in fraudulent concert ticket sales among cases. Police recorded 11,559 online shopping fraud cases last year, marking a 29.2 per cent…
Hong Kong stocks fluctuated between losses and gains on Monday, as caution prevailed ahead of US President Donald Trump’s next round of tariffs. The Hang Seng Index rose 0.2 per cent to 23,584.56 as of 10.04am local time. The Hang Seng Tech Index added 0.2 per cent. On the mainland, the CSI 300 Index gained…
New World Development (NWD) has sold its stake in Hong Kong’s largest sports infrastructure project to parent Chow Tai Fook Enterprises (CTFE), as the developer takes steps to rein in debt after posting its biggest-ever loss. NWD sold a 100 per cent equity interest in New World Sports Development, the developer of Kai Tak Sports…