The Latest Breaking News from Hong Kong

HSBC, ICICI Bank emerge as biggest FX lenders to India’s diaspora in GIFT City

HSBC and ICICI Bank led lending under a special foreign-exchange swap program. These two banks disbursed a combined $19.3 billion through the central bank's facility. The Reserve Bank of India's program boosted activity in GIFT City significantly. This success encourages lenders to expand wealth management operations and attract more diaspora…

The Economic Times · Sep 16

Suspect Infidelity? How a Private Investigator Can Help Uncover the Truth

Questions about trust in a relationship can create uncertainty that affects many parts of daily life.

inkl · Sep 16

Iran Allegedly Laundered $1.5 Billion In Oil Money Through Crypto. The U.S. Is Going After Some Of It.

Federal prosecutors say two Hong Kong companies helped convert proceeds from sanctioned Iranian petroleum sales to Chinese buyers into cryptocurrency.

International Business Times · Sep 15

China AI developer Z.AI launches $5 billion Hong Kong share, convertible bond sales, term sheet shows

The fundraising comes as Chinese AI developers seek ​capital for the costly computing infrastructure and talent needed to compete with larger US rivals.

The Economic Times · Sep 11

Global Market: Hong Kong draws professionals back as IPO boom revives financial hub

Hong Kong is seeing finance professionals return as a strong IPO market, rising corporate investment and deeper China links revive its appeal as a global financial hub. Hiring is picking up across wealth management, asset management, AI, compliance and risk.

The Economic Times · Sep 11

China, Iran among countries using AI to spy on dissidents and minorities, Anthropic says

Anthropic said Thursday it had disrupted several state-sponsored surveillance operations using its artificial intelligence models, warning of the growing AI use to target dissidents and minorities. The campaigns, detected between January and July, originated in China, Iran and West Africa and targeted diaspora communities, including Hong Kong pro-democracy activists.

France 24 · Sep 11

Global Market: China, Hong Kong stocks fall as rate hike fears weigh on sentiment

China and Hong Kong stocks fell on Friday, with the CSI300 and Hang Seng heading for weekly losses amid thin trading volumes, weaker liquidity and rising expectations of further US interest rate hikes. Mainland metal stocks led declines, while oil shares gained on stronger crude prices.

The Economic Times · Sep 11

Hong Kong Tiananmen vigil activists sentenced to five to seven years in prison

Three Hong Kong Tiananmen vigil activists were jailed for five to seven years under the national security law.

Euronews · Sep 11

China-controlled Hong Kong to punish 3 who organised vigils for Tiananmen massacre

Hong Kong once had a strong civil society, regular mass protests and a relatively open press. Since the 2019 protest movement, however, the authorities have restricted political participation and prosecuted prominent activists and media figures. Several civil society groups have shut down, including the alliance behind the Tiananmen gatherings. In…

The Times of India · Sep 11

Hong Kong court sentences Tiananmen vigil activists to between 5 and 7 years in jail

Three activists who had held annual vigils commemorating the Tiananmen Square crackdown were sentenced to between five and seven years in prison Friday for calling for an "end to one-party dictatorship". Prosecutors had argued that China's constitution enshrines the primacy of the Communist Party.

France 24 · Sep 11