City Hong Kong Financial News
22.12 / 08:45
Citi
Digital
Celebrity
show
Best Places to Embrace Christmas Vibes in Hong Kong
Hong Kong WinterFest: From the 20-meter-tall Christmas tree, standing at the centre of Christmas Town to the exciting new 10-minute “Winter Harbourfront Pyrotechnics" displays on the Victoria Harbour seaside, visitors from around the world will be delighted by these seasonal displays. Tsim Sha Tsui Christmas lights: Kowloon’s bustling shopping and nightlife districts Tsim Sha Tsui and East Tsim Sha Tsui are well-known for their dazzling Christmas light displays.
22.12 / 05:07
Citi
Apple
Hong Kong court rejects bid to drop sedition charge against pro-democracy tycoon Jimmy Lai
Hong Kong court on Friday rejected a bid by the legal team for pro-democracy tycoon Jimmy Lai to have sedition charge against him dropped, in a closely watched national security trial. Lai, 76, the founder of now-shuttered pro-democracy newspaper Apple Daily, was charged with conspiracy to publish seditious publications under a colonial-era sedition law.
21.12 / 05:12
Digital
Chinese Bank Seals First-ever Cross-border CBDC-powered Precious Metals Deal
The Bank of China has completed the world’s first cross-border CBDC-powered precious metals deal – a gold transaction worth some $14.1 million.
21.12 / 02:53
Provident
Booking
Mobile
economy
country
travelers
International
Christmas Sale: Vistara offers discounts on domestic, and international travel. Check routes, and fares here
₹1924 (Dibrugarh-Guwahati) for economy class. Premium economy class (Dibrugarh-Guwahati) tickets flight starting at ₹2324. For those seeking the ultimate in luxury, business class the prices are starting at ₹9924, guaranteeing a journey with spacious seats and personalized service.
20.12 / 16:04
Parke
film
President
Virus
country
travelers
open
Zootopia comes to life: Disney's newest attraction set to open in Shanghai
SHANGHAI: Shanghai Disney Resort will open a Zootopia-themed attraction to the public on Wednesday aiming to capitalise on a post-pandemic desire for travel and experiences in China. Zootopia, which came out in Chinese cinemas in 2016, remains one of the highest-grossing imported animated films ever released in the country. This marks Disney's first Zootopia-themed site and the eighth themed area at the Shanghai Disney Resort which opened in 2016 and was expanded in 2018 with a Toy Story-themed attraction. While consumption in China has been slow to bounce back following the lifting of COVID-19 curbs a year ago, domestic travel and experiences have rebounded more strongly, with Shanghai Disney Resort one of the beneficiaries. «I think what you saw over the last year as people emerge from the virus is them getting out and experiencing life again,» said Joe Schott, president and general manager at Shanghai Disney Resort. In its fourth-quarter earnings last month, Walt Disney flagged higher attendance at its Shanghai and Hong Kong parks as one of the factors driving 31% growth in its Experiences division, which includes its theme parks. Shanghai Disney Resort is a joint venture in which Chinese state-owned Shendi Group holds a 57% stake. (Reporting by Casey Hall; editing by Jason Neely)
20.12 / 09:12
JPEX scandal
Crypto Websites
Hong Kong Authorities Block Two Crypto Websites Suspected of Fraud
The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding two crypto firms suspected of engaging in fraud.
20.12 / 08:39
CEO
Platform
Pinduoduo
China's Alibaba names CEO Eddie Wu to head its e-commerce business as its growth falters
China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo
19.12 / 14:59
17.12 / 18:57
Provident
Digital
Extreme
Platform
Discover
information
prevention
Hong Kong SFC Warns Against Crypto Entities HongKongDAO and BitCuped for Suspected Fraud
A substantial warning has been issued by the Securities and Futures Commission (SFC) of Hong Kong against two cryptocurrency firms, namely Hong Kong Digital Research Institute (commonly known as HongKongDAO) and BitCuped, both of which are accused of engaging in fraudulent operations.
17.12 / 11:45
Aviat
Career
love
exclusive
Former tech consultants turn entrepreneurs, find success in luxury watch industry with Bangalore watch company
Nirupesh Joshi and Mercy Amalraj were high-flying technology consultants, earning handsomely, with successful stints in Boston, Seoul and Hong Kong until 2018. One fine day the couple gave it all up, got into entrepreneurship in an entirely alien area: the world of mechanical watches the couple had all along been fascinated by.They landed in Bengaluru, the ground-zero of wrist watches and startups. “A watch carries memories through generations.
17.12 / 05:59
Citi
Platform
pandemic
track
beautiful
travelers
Department
Chinese Tourists Are Back. They Just Aren’t Shopping Like Before.
HONG KONG—The retail world used to cater to Chinese tourists. Luxury shops opened wherever they went, and Parisian department stores hired Mandarin speakers. Mom-and-pop stores in Hong Kong were replaced by vendors offering products Chinese tourists demanded, such as milk powder and medicines.
15.12 / 03:33
15.12 / 03:21
12.12 / 03:55
Citi
show
Low
Hong Kong's low voter turnout signals a backslide
Local democracy in Hong Kong has been under scrutiny since 1997, when Britain returned this erstwhile colony to China on the latter’s pledge of letting freely elected leaders govern it. In this context, a voter turnout of just 27.5% in Hong Kong’s district elections, down from 71% in 2019, signals a backslide.
12.12 / 01:05
11.12 / 09:55
HTX
Hong Kong High Court Rules Against Huobi Global in Trademark Infringement Lawsuit
The High Court of the Hong Kong Special Administrative Region has ruled in favor of X-SPOT GLOBAL LIMITED in a trademark infringement case against Huobi Global Limited.
09.12 / 19:01
Reuters
pandemic
show
country
cover
reports
travelers
International
Canada sees 'reverse immigration'; cost-of-living requirement for international students doubled | Details here
Canada's overall population touched a high of 0.2 per cent in the mid-1990s, and currently stands at about 0.09 per cent, according to official government data. The rate of immigrants leaving Canada hit a two-decade high in 2019, according to a recent report from the Institute for Canadian Citizenship (ICC), an immigration advocacy group. While the numbers went down during pandemic lockdowns, Statistics Canada data shows it is once again rising.
08.12 / 15:53
Telegram
WhatsApp
reports
prevention
Asian bankers know it's a bad market but still have big demands about jobs
It’s no secret that finance’s job market is going through a bit of a malaise at the moment around the world, but that doesn’t seem to be preventing demands from being made – and in Asia especially.
08.12 / 15:53
Citizens
Exodus
Bill
love
performer
"I'm a 35 year-old trader in Singapore. I can't afford a good life"
London bankers may be struggling to pay their bills, even on managing director salaries, but they're not the only people in financial services who are finding the lifestyle they'd imagined is out of reach.
08.12 / 11:06
Ethereum
Bitcoin
Hong Kong Gaming Giant Boyaa Interactive Shareholders to Vote on $100M Crypto Purchase Plan
Boyaa Interactive International Limited, a Hong Kong-listed company, has scheduled a special general meeting of shareholders to vote on a $100 million crypto purchase plan on December 20.
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