Hong Kong

The Hong Kong Securities and Futures Commissions has accused crypto platform JPEX of suspicious practices and misleading promotions.
Cryptocurrencies

JPEX investigation to test Hong Kong's crypto approach

Suspected $180m fraud leaves questions over enforcement and oversight

27 September 2023
Robots are seen working at a Cainiao logistics warehouse in China.
Technology

Alibaba to spin off Cainiao logistics unit with Hong Kong IPO

Chinese e-commerce group reportedly seeks to raise at least $1bn in listing

27 September 2023
Big C's expansion into Hong Kong is its first step beyond Southeast Asia, where the company has over 2,000 outlets. (Photo by Kenji Kawase)
Retail

Thai supermarket chain Big C expands into Hong Kong

Eyeing 'gateway' to mainland China as it seeks potential listing

26 September 2023
Lawyers and legal recruiters say recent redundancies at law firms highlight not only the downturn in the market but also the reliance of top international companies on Chinese activity.
Business trends

Law firm layoffs rise in Hong Kong as China business slows

Beijing's focus on security curbs dealmaking, with less work for lawyers

26 September 2023
An atmosphere of caution has made its presence felt among property equities in Asia as a state of depression sinks in. (Nikkei montage/Source photo by Reuters) 
Market Spotlight

China property crisis holds Singapore, Hong Kong REITs back

Asia's real estate shares suffer doldrums as investors tread cautiously

25 September 2023
Travelers at Singapore's Changi Airport, which plans to introduce "passport-free" immigration clearance next year.
Travel & Leisure

Singapore airport to introduce 'passport-free' departure in 2024

City-state taps biometrics as Hong Kong, Japan also implement smooth procedures

24 September 2023
Nitori's first Hong Kong store will offer items suitable for the city's cramped apartments. (Photo by Kensaku Ihara)
Retail

Japan furniture retailer Nitori plans 20 Hong Kong outlets by 2032

China's housing recession 'opportunity' for expansion, exec says

22 September 2023
ZA Bank Alternate CEO Devon Sin, left, and CEO Ronald Iu are helping Hong Kong with its goal of becoming a cryptocurrency and blockchain hub.
Cryptocurrencies

Hong Kong virtual bank ZA bets on city's blockchain goals

Company offers Web3 firms hard-to-get financial services

21 September 2023
Hong Kong was ranked the world's freest economy for over two decades, a position it has now lost to Singapore. 
Hong Kong security law

Singapore replaces Hong Kong as world's freest economy

Bias in Chinese legal system cited as reason for former British colony's fall

19 September 2023
China's Ministry of Foreign Affairs wants all consulates and foreign government offices in Hong Kong to submit information about local hires, including permanent residents and those traveling with visas.
Hong Kong security law

Beijing orders foreign missions in Hong Kong to submit staff data

Local hires must be identified in new China move to scrutinize diplomatic offices

19 September 2023
Hong Kong's financial regulators warned investors about JPEX, a cryptocurrency trading platform, over alleged fraudulent activity last week.
Cryptocurrencies

Six arrested in Hong Kong in JPEX crypto fraud investigation

Police say at least $128m in virtual assets and 1,400 users likely involved

18 September 2023
Jebel Ali Port in Dubai, United Arab Emirates: The UAE would be part of an envisioned transport corridor stretching from India to Europe.
Interview

India-Middle East-Europe Corridor shows global shifts: UAE minister

'We are in the business of redesigning supply chains,' economy chief Al Marri says

15 September 2023
The Belt and Road summit in Hong Kong includes booths encouraging activity in the Middle East. (Photo by Kensaku Ihara)
Belt and Road

Hong Kong uses Belt and Road summit to kindle Middle East ties

Territory follows Beijing in seeking new friends amid chilly relations with West

14 September 2023
Hundreds of Hong Kong homebuyers flock to a rare bargain sale offered by CK Asset's latest residential project, "The Coast Line II," in early August. (Photo provided by CK Asset)
Property

Hong Kong homebuyers flock to rare bargain amid depressed market

Government land sale falters as high interest rates wither purchasing appetite

12 September 2023
The Hong Kong Investment Corp. was announced last October to promote industrial and economic development.
Caixin

Hong Kong's investment arm to start funding projects by year-end

Fintech and artificial intelligence among major sectors being targeted

10 September 2023
HSBC cited an "increasingly complex regulatory landscape" in its decision to halt corporate payments to and from Russia. 
Finance

HSBC to halt corporate remittances to and from Russia

Move aimed at limiting 'operational exposure' to country after Ukraine invasion

8 September 2023
A view of Tai O village at night: Governments have come and gone over the centuries, but the quiet Hong Kong village has stuck to its fishing roots throughout it all. 
Tea Leaves

Hong Kong's Tai O village offers political lessons

Over the centuries, locals have dealt with government changes

6 September 2023
Office vacancy rates in Hong Kong's Central business district climbed into the double digits last quarter.
Property

Hong Kong REITs down 26% this year as investors exit China

Office vacancies and higher interest rates weigh on market

6 September 2023
Journalists pore over a judgment by Hong Kong's Court of Final Appeal on overseas same-sex marriages.
Politics

Top Hong Kong court rules same-sex unions should be recognized

Court judgment a rare win for LGBTQ rights in Chinese territory

5 September 2023
Swiss authorities are attracting legal action over their decision in March to protect Credit Suisse shareholders at the expense of bond creditors, wiping out an estimated $16 billion worth of AT1 bonds.
Finance

Hong Kong investors plan AT1 action against Switzerland

Preparation for legal filing comes as Japan investors move toward arbitration

5 September 2023
Fisher Yu Jing-ping is one of the most successful and influential cinematographers working in Asian cinema. (Courtesy of Fisher Yu Jing-ping)
Arts

Woman cinematographers are few but powerful in Hong Kong

Calls grow for more females in male-dominated sector of regional film industry

3 September 2023
A girl in Hong Kong reads a book at a bookstore, where windows are taped in anticipation of typhoon Saola on Aug. 31.
Natural disasters

Hong Kong brought to halt by Super Typhoon Saola

Saola expected to be strongest storm in five years to hit southern China

1 September 2023
Chinese and Hong Kong flags outside a shopping mall in Hong Kong in July: The U.S. has slammed what it sees as local authorities' "harassment" of dissidents' family members.
Hong Kong security law

Hong Kong squeezes activists in exile by interrogating relatives

Activists say strategy is straight out of Communist Party playbook

30 August 2023
At least eight ESR funds are active, including those for Japan, Australia, South Korea, China and Singapore. (NIKKEI montage/Source photo by Getty and logo from ESR's website)
DealStreetAsia

Hong Kong-listed real estate manager ESR raises $2bn

Company to pour 80% into new economy sector despite weak global fundraising

25 August 2023
Demonstrators raise their hands as they sing the protest anthem "Glory to Hong Kong" in 2019.
Hong Kong security law

Hong Kong court allows government appeal to ban protest song

Injunction request to be reexamined due to 'importance of national security'

23 August 2023