China’s financial authorities have granted Hong Kong residents a new daily remittance quota for the yuan, as a cross-border electronic transactions service prepares to kick off, linking 315 million users between the city and the mainland. Starting from noon on Sunday, the 17 million registered users of Hong Kong’s Faster Payment System (FPS) will be…
Hong Kong welcomed more than 4 million visitors in May, a 20 per cent year-on-year increase, with authorities attributing the surge to the Labour Day “golden week” holiday. According to provisional figures released by the Tourism Board on Monday, more than 3.1 million of the visitors in May were from mainland China, a 19 per…
Surrounded by a stream of passengers on an MTR platform in Hong Kong on a regular weekday, a couple paused to pose for photos next to a station sign to mark their journey. “We took photos at most of the metro stations we visited, just to record our metro route,” said Arale, a 36-year-old tourist…
Surrounded by a stream of passengers on an MTR platform in Hong Kong on a regular weekday, a couple paused to pose for photos next to a station sign to mark their journey. “We took photos at most of the metro stations we visited, just to record our metro route,” said Arale, a 36-year-old tourist…
Hong Kong has brought in more than 800 minibus drivers from mainland China as part of a temporary solution to the city’s labour shortage, with operators hopeful the scheme will be extended to help plug gaps in the ageing workforce. Minibus companies made the appeal after authorities reiterated that importing labour was only a “short-term”…
Chinese social media giant RedNote has opened an office in Hong Kong, its first outside mainland China, a move the city’s finance chief hopes will provide a boost to local businesses and the platform’s international expansion. Financial Secretary Paul Chan Mo-po said on Saturday that he had personally invited the company, also known as Xiaohongshu,…