Mainland China’s military appeared to have stepped up manoeuvres near Taiwan during the country’s extended Lunar New Year holiday, usually a quiet period for defence and exercise activity. The People’s Liberation Army (PLA) sent an average of 13 aircraft and six navy vessels near Taiwan during the 15-day holiday period, compared with nine aircraft and…
Hong Kong is expected to play a bigger role in the internationalisation of the yuan as liquidity increases and uses for businesses and individuals broaden significantly, according to officials and market participants. The city was already the world’s biggest offshore yuan business centre, with the largest offshore liquidity pool, foreign-exchange market and over-the-counter market for…
Ex-media boss Jimmy Lai Chee-ying denied on Monday that he had tried to spread fear by suggesting Beijing would take over Hong Kong if an extradition bill was passed in 2019 but conceded he went too far with claims central authorities could destroy the “one country, two systems” governing principle. Prosecutors grilled Lai on Monday…
Ex-media boss Jimmy Lai Chee-ying denied on Monday that he had tried to spread fear by suggesting Beijing would take over Hong Kong if an extradition bill was passed in 2019 but conceded he went too far with claims central authorities could destroy the “one country, two systems” governing principle. Prosecutors grilled Lai on Monday…
Hong Kong Attracts Over One Million Visitors During Lunar New Year as Tourism Industry Pushes for a Bold Comeback – Travel…
Hong Kong’s flu season is expected to peak at the end of February and last well into March or April as more residents bring the bug back from overseas, a respiratory disease expert has predicted, while a senior health official has warned vaccination rates among young children remain worryingly low. David Hui Shu-cheong, a professor…
Hong Kong’s flu season is expected to peak at the end of February and last well into March or April as more residents bring the bug back from overseas, a respiratory disease expert has predicted. David Hui Shu-cheong, a professor of respiratory medicine at the Chinese University of Hong Kong, said on Saturday the flu…
Hong Kong’s capital market is living up to its role as a “superconnector” between global fund managers and mainland China’s financial markets, with Alibaba Group Holding’s upgraded listing status benefiting investors on both sides of the playing field. Since joining the Stock Connect scheme on September 10, onshore investors have collected 4 per cent of…
By Samuel Shen and Jiaxing Li SHANGHAI/HONGKONG (Reuters) – Chinese investors are rushing into AI-related stocks, betting the artificial intelligence advance of home-grown startup DeepSeek will lead to a boom in the sector and give the initiative to China in an intensifying Sino-U.S. technology war. Feverish buying has pumped up shares of Chinese chipmakers, software…
Wealth management and family offices will be a major growth engine for Hong Kong, as many prominent clans in Asia have shown an interest in setting up entities to manage their fortunes, according to Deloitte’s regional head. Dennis Chow Chi-in, Asia-Pacific chairman of the accounting and consulting firm, believes this will mainly be down to…