Tag - hong-kong

 
 

HONG KONG

A man walks in the Hong Kong's Central Financial District on March 15.
BUSINESS / Tech
Sep 17, 2024
Hong Kong preparing policy statement for artificial intelligence in finance
The guidelines are intended to signal support for the technology, while local regulators try to address its use amid the U.S.-Chinese technology conflict.
The flags of China (right) and the Hong Kong Special Administrative Region (HKSAR) in the Tsim Sha Tsui district in Hong Kong on June 23
ASIA PACIFIC / Crime & Legal
Sep 16, 2024
First person convicted under Hong Kong's new national security law
Under the new security law, the maximum sentence for the offense of "doing with a seditious intention an act" has been expanded from two years to seven years in prison.
A Tokyo Star Bank branch in Tokyo
BUSINESS / Companies
Sep 13, 2024
Tiny Japan bank looks to grow by lending to offshore homebuyers
Japan’s weak yen and low interest rates have drawn overseas interest in Japanese property and boosted prices.
Hong Kong’s property tycoons are eagerly awaiting interest rate cuts by the Federal Reserve due to their struggles with slow home sales, vacant office buildings and tenants pushing for lease renegotiations.
COMMENTARY / World
Sep 12, 2024
The Fed is making Hong Kong's billionaire landlords anxious
Many Hong Kong property companies have significant amounts of debt at floating interest rates tied to Hibor, which tracks the Fed's rate changes.
Sengu Capital, based in Hong Kong, will start a new hedge fund focused on Japanese firms improving management quality.
BUSINESS / Companies
Sep 9, 2024
New hedge fund gains backing for bets on Japan market revival
Investors have been trying to put more money to work in Japan, as the country emerges from more than a decade of deflation.
Hong Kong Exchanges & Clearing is following global peers in expanding its derivatives offerings in a bid to boost trading.
BUSINESS / Markets
Sep 2, 2024
A new way of betting on tech stocks is emerging in Hong Kong
The bourse was launching weekly options on the Hang Seng Tech Index, which tracks stocks including Alibaba Group Holding and JD.com that also trade in the U.S.
Chung Pui-kuen, the former chief editor of now-shuttered Hong Kong pro-democracy news outlet Stand News, leaves the district court in Hong Kong on Thursday after he was found guilty of conspiracy to publish seditious materials.
ASIA PACIFIC / Crime & Legal
Aug 30, 2024
Hong Kong editors convicted of sedition in blow to press freedom
Local news outlets in Hong Kong already self-censor to survive and some foreign news organizations have left or moved out staff.
A prison van that is believed to carry media mogul Jimmy Lai, the founder of Apple Daily newspaper, leaves the West Kowloon Magistrates' Courts on the day of the national security trial, in Hong Kong on Dec. 18, 2023.
ASIA PACIFIC / Politics
Aug 12, 2024
Hong Kong court dismisses bid by media tycoon Jimmy Lai to overturn conviction
Lai, the founder of the pro-democracy newspaper Apple Daily, has been held in solitary confinement for more than three years since December 2020.
The Bonham Strand Trade Centre, a location housing shell companies that ship restricted military technology to Russia, according to an analysis by The New York Times, in Hong Kong on June 14
ASIA PACIFIC
Jul 27, 2024
The illicit flow of technology to Russia goes through this Hong Kong address
Defying sanctions, Moscow has obtained nearly $4 billion in restricted chips since the war began in Ukraine.
Jimmy Lai at Apple Daily, the newspaper he founded, in Hong Kong on Aug. 12, 2020
ASIA PACIFIC / Crime & Legal
Jul 25, 2024
Hong Kong court dismisses Jimmy Lai's bid to end national security trial
The founder of now-shuttered pro-democracy newspaper Apple Daily faces charges of conspiracy to collude with foreign forces and to publish seditious material.
The U.S. and its allies have accused China of supporting Russia's war in Ukraine, in part by exporting parts and equipment needed by Moscow's weapons makers, including semiconductors.
BUSINESS / Tech
Jul 22, 2024
Illicit chip flows to Russia seen slowing in China
Both mainland China and Hong Kong are seen by the U.S. government as key global nodes for Russia to source materials for its military.
Several people from Nomura Holdings in charge of Asia excluding Japan are leaving the company, according to an internal memo.
BUSINESS / Companies
Jul 17, 2024
Nomura reshuffles Asia investment banking team and cuts jobs in slump
A management change coincides with a new round of job cuts involving about 10 bankers this week, sources have said.
Attendees wave the flags of China and the Hong Kong Special Administrative Region during an event aboard a Star Ferry to celebrate the 27th anniversary of Hong Kong's return to Chinese rule in Hong Kong on July 1.
ASIA PACIFIC / Politics
Jul 9, 2024
As Singapore steps up scrutiny, affluent Chinese return to Hong Kong
Fallout from a blockbuster $2.2 billion money laundering case has put Singapore's family offices and wealthy immigrants under a microscope.
Former Hong Kong media tycoon Jimmy Lai in 2020
ASIA PACIFIC / Politics
Jun 24, 2024
Hong Kong top court hears Jimmy Lai appeal as scrutiny mounts
Any conviction of Lai risks further inflaming ties between China and the U.S. and U.K., which are among countries that have called for his release.
People participate in a hustings event focused on the Hong Kong community, in Sutton, London, earlier this month.
ASIA PACIFIC / Politics
Jun 22, 2024
Hong Kongers embrace politics in U.K., but some still fear Beijing
Since 2021, more than 180,0000 Hong Kongers have moved to Britain under a special visa program set up in response to a crackdown in their homeland.
Staff lower the Chinese national flag in the Central Financial District in Hong Kong in March. Hong Kong is an established trading hub for raising capital while Singapore excels in private wealth management.
COMMENTARY / World
Jun 19, 2024
Stop comparing Hong Kong to Singapore
Think of it this way: Hong Kong is where the Chinese can grow their wealth while Singapore is where they can preserve it.
The Chinese national flag and the Hong Kong flag outside government headquarters in Hong Kong in November 2017
ASIA PACIFIC / Politics
Jun 12, 2024
Hong Kong uses new national security law against exiled activists
Hong Kong authorities have outlawed more than a dozen overseas activists based in the United States, Britain and other countries.
Secretary for Justice Paul Lam speaks during a ceremony marking the new legal year in Hong Kong on Jan. 22.
ASIA PACIFIC / Politics
Jun 11, 2024
British judges' resignations put Hong Kong rule of law in spotlight
Foreign judges have been described as a "canary in the coalmine," generating confidence in Hong Kong's judiciary system.
Judges from common law jurisdictions are invited to sit as nonpermanent members at Hong Kong's top court, the Court of Final Appeal, which is separate from mainland China's opaque, party-controlled legal system.
ASIA PACIFIC / Politics
Jun 11, 2024
U.K. judge says Hong Kong rule of law in 'danger' as third justice quits
Jonathan Sumption wrote in the Financial Times that it was "no longer realistic" for overseas judges to remain in the city's top court, from which he resigned last week.
A statue of Lady Justice at the Court of Final Appeal in Hong Kong on Sept. 5, 2023
ASIA PACIFIC / Politics
Jun 7, 2024
Hong Kong court sees two U.K. judges resign amid political tension
Eight overseas nonpermanent justices remain on the territory's top court — three from the U.K., four from Australia and one from Canada.

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