John Lee News

Hong Kong’s leader says his government will keep monitoring for any non-compliance with a court order that bans a popular protest song

By James Pomfret, Jessie Pang and Greg Torode

Hong Kong’s lawmakers unanimously passed a new national security law that grants the government more power to quash dissent in the southern Chinese city

HONG KONG (Reuters) — Plans by Hong Kong's Cathay Pacific Airways (OTC:CPCAY) to slash flights during the busy Lunar New Year period show the airline needs to address its capacity problems, the city's leader said, while its pilot union called for a government enquiry.

The Chief Executive of the Hong Kong Special Administrative Region, John Lee, has responded to the recent investigation into the unlicensed virtual-asset trading platform Hounax.

By Twinnie Siu and Donny Kwok

Hong Kong’s leader has cut taxes for some homebuyers and stock traders to boost markets as the city seeks to maintain its reputation as a global financial hub

Hong Kong's leader on Wednesday cut taxes for some homebuyers and stock traders to boost markets as the city seeks to maintain its reputation as a global financial hub. Chief Executive John Lee said the extra stamp duties imposed on non-resident buyers and current local homeowners looking to buy additional properties would be halved, making the first easing over the past decade since property cooling measures were introduced. In his annual policy address, Lee also unveiled plans to reduce stamp duty on stock transactions to 0.1% from 0.13%, saying a vibrant stock market is vital to upholding the city's status as a financial hub. After the easing of COVID-19 restrictions, Hong Kong's economy has begun to recover, fuelled by growth in tourism and private consumption. The city's economy expanded 2.2% in the first half of 2023 year-on-year and is expected to grow between 4% and 5% for the full year. However, the path to full recovery remains uneven, particularly with geopolitics tensions rising and mainland China, its largest trading partner, struggling to rebound quickly.

By Summer Zhen and Xie Yu

By Twinnie Siu and Clare Jim

Hong Kong's leader says the city will seek to strengthen its economic and trade ties with Thailand after a meeting with the country’s prime minister

Hong Kong’s leader has said the territory will tighten regulation of digital assets after police arrested six people following allegations of fraud at an unlicensed cryptocurrency exchange in the city

Hong Kong regulators are looking to tighten the noose around the crypto market after the arrest of six individuals following allegations of fraud around an unlicensed crypto exchange called JPEX.

Hong Kong’s Chief Executive John Lee called for tighter regulations on crypto trading citing the recent alleged rugpull by the unlicensed crypto exchange JPEX.

China has demanded that the United States invite Hong Kong’s leader to an economic conference following a news report that Chief Executive John Lee would be barred due to his role in crushing the city’s pro-democracy movement

China has demanded that the United States invite Hong Kong’s leader to an economic conference following a news report that Chief Executive John Lee would be barred due to his role in crushing the city’s pro-democracy movement

Hong Kong leader John Lee says the city will ban marine products from “a large number prefectures” if Japan discharges treated radioactive wastewater into the sea

HONG KONG—Hong Kong’s chief executive announced incentives to lure talent and companies to the city, seeking to reverse an outflow driven by years of stringent pandemic controls and political upheaval that have hurt its reputation as a global business capital.

Chief Executive of HKSAR John Lee delivered his first policy address Wednesday, indicating that the administration has proposed a bill to establish a statutory licensing regime for virtual asset service providers.

Hong Kong has a new leader to replace outgoing Chief Executive, Carrie Lam.