Hong Kong police have arrested a 19-year-old university student accused of swindling more than HK$3 million from a man after apparently being hoodwinked by scammers herself. Inspector Wu Kwan-yu of Tseung Kwan O police district’s intelligence section said on Wednesday that officers arrested the female student the previous day on suspicion of impersonating mainland Chinese…
Enrolment at Hong Kong’s international and private schools grew for a third consecutive year following the introduction of a government talent scheme in 2022, despite an overall decline in the city’s student population, according to official statistics. Latest Education Bureau data showed that kindergartens and local public primary schools bore the brunt of the decline,…
Hong Kong’s luxury hotels have outpaced the city’s broader hospitality market since last year, with their room rates exceeding 2018 levels as demand recovers, according to a report by global property consultancy Jones Lang LaSalle (JLL). Citing official tourism figures, JLL said high-end properties were the only segment that returned to 2018’s average daily rates…
This photo taken on June 6, 2026 shows individual investors seen at a securities firm in the complex of Hong Kong’s West Kowloon rail station. (Tommy WANG) Soon after disembarking at Hong Kong’s train station, Chinese private investor Feng was opening a stock trading account at a nearby brokerage, hoping to evade tighter restrictions on…
Mainland Chinese immigration authorities are standardising their assessment regime for approving residents to settle in Hong Kong and Macau by replacing the previous points-based system with unified criteria, offering applicants more certainty. The National Immigration Administration announced the new criteria on Tuesday and said it would take effect the following day. The current system calculates…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. China has imposed restrictions on cross-border trading after the data showed Chinese money is flowing out of the mainland at a record pace into the U.S. and Hong Kong markets. Massive Capital Outflows According to an X post…
Researchers have urged Hong Kong to shift its focus from boosting visitor numbers to increasing tourist spending, as mainland Chinese arrivals rebound but adopt more selective consumption habits. Preliminary findings from a joint study by Polytechnic University and consultancy Think China, released on Tuesday, show mainland visitor arrivals have recovered to about 88 per cent…
Mainland Chinese investors have slowed their purchases of Hong Kong-listed shares this year after last year’s record inflows, as more artificial intelligence investment opportunities have emerged in mainland markets, according to BNP Paribas. Southbound inflows via the Stock Connect cross-border system have reached about US$30 billion so far this year, a slower pace than 2025,…
Cinema box office takings in Hong Kong over the first four days of the Easter break more than doubled year on year, reaching HK$25.93 million (US$3.31 million) compared with HK$12.75 million over the same period in 2025, despite a holiday exodus. According to the Immigration Department, residents made around 2.13 million outbound and 1.81 million…
Prime office supply in mainland Chinese cities and Hong Kong is estimated to peak this year, while demand remains hampered by an economic slowdown and global uncertainties, according to Cushman & Wakefield. At the end of 2025, premium office inventory in 21 major cities in Greater China – including Hong Kong, Beijing, Shanghai, Shenzhen and…