Hong Kong to Explore Legislations Around Crypto, Sets Up Dedicated Subcommittee

Hong Kong to Explore Legislations Around Crypto, Sets Up Dedicated Subcommittee

Cryptocurrencies have made their mark on the fintech sector in several nations but have met with regulatory challenges because of the associated risks and volatile nature of the crypto market. Hong Kong is the latest to join the list of Asian regions that are accelerating efforts to establish a regulatory…

Once the pride of Hong Kong, Cathay Pacific becomes government’s punchbag | Aviation

Once the pride of Hong Kong, Cathay Pacific becomes government’s punchbag | Aviation

Hong Kong, China – For decades, Hong Kong’s Cathay Pacific Airways (CPA) stood as a proud symbol of the city’s international status and an exemplar of Asian aviation. These days, the flagship carrier is treated more like the Chinese-ruled financial hub’s bete noire, regularly receiving severe scrutiny and criticism from…

Hong Kong to keep stock market open during typhoons | Financial Markets

Hong Kong to keep stock market open during typhoons | Financial Markets

City leader John Lee says move will strengthen competitiveness of the Asian financial hub. Hong Kong is set to end its decades-long practice of shutting the stock market during typhoons and extreme weather. Hong Kong Chief Executive John Lee said the change was widely supported by the financial sector and…

Hong Kong cancels passports of six pro-democracy activists in exile in UK | Politics News

Hong Kong cancels passports of six pro-democracy activists in exile in UK | Politics News

The six, including former legislator Nathan Law, are also banned from any business dealings and financial transactions. Hong Kong has cancelled the passports of six pro-democracy activists who are in exile overseas under its newly-enacted domestic security law, calling them “lawless wanted criminals”. The government said that in addition to…

Hong Kong hits back as UK judge says rule of law ‘profoundly compromised’ | Courts News

Hong Kong hits back as UK judge says rule of law ‘profoundly compromised’ | Courts News

Hong Kong has hit back at a British judge who announced his resignation from the territory’s top court last week and expressed concern that the rule of law was in danger following the landmark conviction of 47 pro-democracy politicians and activists. Jonathan Sumption, one of two British judges who resigned…

New York museum ‘keeps memories alive’ 35 years after Tiananmen crackdown | History News

New York museum ‘keeps memories alive’ 35 years after Tiananmen crackdown | History News

New York City – When Zhou Fengsuo last saw the mimeograph machine, he was running for his life as the tanks rolled into Tiananmen Square in Beijing in June 1989. For weeks before that night of bloodshed, Zhou had used the machine, a state-of-the-art photocopier at the time, to churn…

Hong Kong court finds 14 of 16 democracy activists guilty of subversion | Courts News

Hong Kong court finds 14 of 16 democracy activists guilty of subversion | Courts News

BREAKINGBREAKING, This is a breaking news story. More details to follow. A Hong Kong court has found 14 of 16 activists and politicians guilty of subversion in the Chinese territory’s largest-ever trial under the Beijing-imposed national security law. The group was among 47 people, including some of Hong Kong’s most…

After joint 108 years on remand, Hong Kong 47 face security trial verdict | Courts News

After joint 108 years on remand, Hong Kong 47 face security trial verdict | Courts News

A verdict is finally looming in Hong Kong’s longest running and largest national security trial of 47 pro-democracy legislators and political activists, with the defendants having together logged 39,000 days or some 108 years on remand even before the sentencing phase of the trial begins. The group was first arrested…

In pricey Hong Kong, residents flock to China for cheaper dining, shopping | Economy

In pricey Hong Kong, residents flock to China for cheaper dining, shopping | Economy

Hong Kong, China – Hong Kong resident Mimi Lau regularly heads to Shenzhen to grab a meal with friends or go shopping in one of the Chinese megacity’s many upscale malls. For Lau, who lives in Hong Kong’s New Territories near the border with mainland China, Shenzhen is not only…

Hong Kong court bans protest song Glory to Hong Kong | Hong Kong Protests News

Hong Kong court bans protest song Glory to Hong Kong | Hong Kong Protests News

Ruling also means the song can no longer be disseminated or reproduced on internet-based platforms. An appeals court in Hong Kong has banned a popular song that was penned during the Chinese territory’s pro-democracy protests of 2019. The ban on Glory to Hong Kong, issued on Wednesday, came as the…