Beijing Issues Framework for Liquidating Seized Crypto via Hong Kong

Under the framework, third-party agencies will be appointed to sell seized crypto assets through licensed platforms in Hong Kong.

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Marco Rubio targets China for "abusing trade practices, stealing US technology, and flooding US with fentanyl"

Wonder Becomes Octopus’ First Omnichannel Payment Facilitator in Hong Kong, Advancing Hong Kong’s Digital Payments Landscape

PRNewswire Advertisement Hong Kong, June 10: Wonder, a leading payments and fintech platform in Hong Kong and APAC, is proud to announce a landmark partnership as the first omnichannel payment facilitator of Octopus Cards Limited (“Octopus”) in Hong Kong. This strategic collaboration marks a new chapter in advancing Hong Kong’s digital payment ecosystem, bringing Hong

10 June 2025

Hong Kong leader rejects taxi licence buy-back amid ‘irreversible’ ride-hailing trend

Hong Kong’s leader has rejected a proposal from the taxi industry for the government to repurchase licences that have depreciated in recent years due to competition from online ride-hailing services, claiming that the documents had always given cabbies exclusive rights. Chief Executive John Lee Ka-chiu on Tuesday also said online ride-hailing was an “irreversible trend”,

10 June 2025

Chief Executive John Lee says he will bring forward his annual policy address by a month to September. Photo: Dickson Lee

Hong Kong to offer 71,000 free MTR tickets to mark 28th handover anniversary: John Lee

A total of 71,000 free MTR tickets will be up for grabs on July 1 as part of citywide celebrations to commemorate the 28th anniversary of Hong Kong’s return to Chinese rule, the chief executive has said. City leader John Lee Ka-chiu also said on Tuesday he would bring forward his annual policy address by

10 June 2025

Billy Tang stepped down as Para Site’s director and curator on June 2, 2025.

As 2 Hong Kong art spaces seek new leaders, experts weigh in on the impact

Para Site and Asia Art Archive (AAA), two long-standing independent cultural institutions in Hong Kong, are simultaneously seeking new executive directors at a pivotal moment for the city’s cultural scene. On June 2, Para Site in Quarry Bay announced that Billy Tang had stepped down as executive director and curator after concluding his three-year contract.

10 June 2025

As 2 Hong Kong art spaces seek new leaders, experts weigh in on the impact

10 June 2025

Hong Kong Observatory may raise No 1 typhoon signal on Wednesday morning

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. The Hong Kong Observatory is expected to issue the No 1 typhoon warning signal on Wednesday morning at the earliest and assess

10 June 2025

Power, secrecy: Hong Kong advocates on why church sex abuse cases take time to surface

An imbalance of power in churches, a culture of secrecy and the misuse of theology are among the significant barriers victims face in reporting sexual abuse cases, advocates have said, after a retired Hong Kong pastor was arrested in connection with an assault on a minor in the 1990s. An NGO and a Christian group

10 June 2025

‘It’s very difficult to argue that Chinese equities are particularly cheap,’ says Mark Davids, co-head of Asia-Pacific equities at JPMorgan Asset Management. Photo: Elson Li

Chinese stocks need earnings kick to fuel more market upside, JPMorgan says

Chinese equities are not as cheap as they seem because the nation’s economic slowdown has weakened corporate earnings, making it imperative for investors to screen stocks and sectors carefully to pick winners, according to JPMorgan Asset Management. While they traded at 14 times historic earnings in line with the average valuation over the past decade,

10 June 2025