A robber who triggered a manhunt after he held a woman at knifepoint and stole HK$370,000 (US$47,180) from a Hang Seng Bank branch is a Hongkonger and has fled to mainland China, the Post has learned. A source said on Tuesday that police’s elite tactical unit, the Flying Tigers, was searching for the local man,…
China is not a fan of cryptocurrencies. Over the past decade, the Chinese government has built up one of the world’s most hostile regulatory frameworks against cryptocurrency-related activities, including trading and mining. Beijing views digital assets like bitcoin as a threat to the country’s financial stability and capital account controls, and even a challenge to…
Hong Kong’s corporate activity and yuan-driven business have been revitalised as global market participants strengthen ties to China’s economy amid tariffs and geopolitical tensions, according to a senior executive at Deutsche Bank. Companies and investors have increased their exposure to China and hedged against the US dollar as they adjusted their supply chains and portfolios…