Hong Kong police arrest two in multimillion-dollar water supply fraud 

Hong Kong police said on August 18 that two people had been arrested in connection with a suspected scam involving a government bottled water contract worth nearly US$7 million (S$8.6 million). The case centres on Xin Ding Xin, a company that in...

Hong Kong’s busy bankers give its office market a lift

Hong Kong SFC says fraud risks on the rise after stablecoin law

Hong Kong SFC regulators have issued a statement, warning investors to exercise caution as trading risks and fraud are on the rise following the implementation of Stablecoin Ordinance on August 1. Summary Hong Kong SFC regulators warn investors to...

UBP In Hong Kong Builds Out Greater China Team

The Swiss private bank has announced a number of moves for its Greater China business field. Union Bancaire Privée in Hong Kong has added three figures to its teams as it bolsters services to ultra-high net worth clients in Greater China. Aaron...

Australia grants asylum to Hong Kong activist

Australia has granted asylum to Hong Kong pro-democracy activist Ted Hui in a landmark decision that signals Canberra’s unwavering commitment to protecting political refugees despite mounting pressure from Beijing to improve bilateral relations....

Exiled Former Hong Kong Lawmaker Hails Australia’s Asylum Grant

Home Asia Exiled Former Hong Kong Lawmaker Hails Australia’s Asylum Grant China's foreign ministry said the ex-lawmaker was an "anti-China rioter wanted by the Hong Kong police" and urged other countries to "stop interfering in Hong Kong affairs"....

Explosive start to the 2025 Saudi Super Cup in Hong Kong

A file photo of Al-Ittihad and Al-Nassr players battling for the ball. HONG KONG, Aug 18: The 2025 Saudi Super Cup kicks off today in Hong Kong, running from August 19 to 23, featuring Al-Ittihad, Al-Nassr, Qadsia, and Al-Ahli. The tournament...

Prime movers, Scottish masculinity and hip-hop in a Hong Kong cafe: dance at Edinburgh fringe 2025

For starters, here are a few of my favourite dancers at the fringe this year. One who made me smile is Alex O’Neill in Dublin company CoisCéim Dance Theatre’s Dancehall Blues. He’s the highlight of an underpowered piece of dance theatre, a duet...

China Merchants Bank Subsidiary Opens New Crypto Exchange In Hong Kong

(MENAFN- Crypto Breaking) In a significant move that underscores China's growing interest in the cryptocurrency sector, China Merchants Bank International (CMBI) has partnered with Hex Trust, a fully licensed and insured provider of bank-grade...

China Merchants Bank unit ventures into crypto through Hong Kong gateway

Mainland China’s crypto freeze hasn’t stopped its financial giants from wading in where regulators allow. CMB International Securities, a subsidiary of the $1.7 trillion China Merchants Bank, has launched a crypto exchange in Hong Kong. Summary...

Howden Re appoints Wong as head of treaty for Hong Kong

Howden’s reinsurance, capital markets, and strategic advisory division, Howden Re, has announced the appointment of Candy Wong as head of treaty for Hong Kong. In her new role, Wong will lead the Hong Kong office, which the firm says is focused on...

Hong Kong Jockey Club names Sarena Lin as Chief Transformation Officer

Sarena Lin will lead the newly created Transformation Office at the Jockey Club. By Gambling Insider Key points: - She previously served as Chief Transformation and Talent Officer at Bayer AG - Lin will report directly to CEO and join the Board of...

Hong Kong Electronics Fair 2025 Returns with Focus on AI, Silver Economy, and Smart Living

The Hong Kong Trade Development Council (HKTDC) will host two major electronics exhibitions from October 13 to 16, 2025, at the Hong Kong Convention and Exhibition Centre. The HKTDC Hong Kong Electronics Fair (Autumn Edition) will run alongside...

Hong Kong Securities And Futures Commission Bans Zhu Hong For 12 Months And Fines Her $400,000 For Fund Management Failures

The Securities and Futures Commission (SFC) has banned Ms Zhu Hong, a substantial shareholder, director and former manager-in-charge of core functions (MIC) of Kylin International (HK) Co., Limited (Kylin), from engaging in any regulated...

Significant Economic Events From Past Week

Europe – Trade Relief and Economic Divergence European equities ended the week higher as easing trade tensions and optimism around potential U.S. interest rate cuts buoyed investor confidence. The pan-European STOXX 600 gained 1.18%, supported by...

SoftBank-Backed Klook Hires Bankers for Potential US IPO Amid Global Expansion

Klook, the renowned travel and leisure booking platform, is reportedly laying the groundwork for a highly expected debut on the US stock market. Backed by Japanese investment giant SoftBank, the Hong Kong-based startup has engaged top investment...

Gulf investors pivot to Asia’s financial giants, sidestepping Bangladesh

In recent years, a significant transformation has been unfolding in the financial strategies of Gulf nations. Traditionally reliant on Western capital markets for syndicated loans, investments, and partnerships, Gulf states are now looking...

X Financial (NYSE: XYF) Reports Q2 2025 Results: Revenue +66%, Record Loan Originations, Improved Asset Quality

SHENZHEN, China, Aug. 19, 2025 /PRNewswire/ — X Financial (NYSE: XYF), a leading Chinese fintech platform, today announced its unaudited financial results for the second quarter ended June 30, 2025. Q2 2025 Highlights Total net revenue reached...

Hong Kong warns of fraud risk after new stablecoin rules

A Hong Kong Securities and Futures Commission (SFC) official warned that the introduction of the new local stablecoin regulatory framework has increased the risk of fraud. According to an Aug. 18 report by Chinese financial news outlet...

Trial of Hong Kong press mogul Jimmy Lai resumes closing arguments

Sebastien Lai, son of imprisoned Hong Kong media publisher Jimmy Lai, showed a picture of his father, at the European headquarters of the United Nations in Geneva in February. Lai's trial resumed Monday after pausing Friday for Lai's heart issues....