The central bank's pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city's financial hub status China's central bank chief Pan Gongsheng promised to park more of the country's US$3.
PORI was raided on January 13, and its head, Robert Chung, and two staff members were taken to a police station to assist in a national security investigation.
Outgoing Bar Association chairman also says frank dialogue with Beijing is in Hong Kong’s interest, with body not avoiding critical comments.
University student with fascination for public transport travels from north to south of country, inspires people online to indulge their sense of freedom A 21-year-old Chinese man who travelled from Beijing to Hong Kong in 13 days by taking buses and spending only 800 yuan (US$110) on transport has captivated mainland social media.
With less than a week before leaving the White House, President Joe Biden on Wednesday again shielded Hong Kongers who stay in the United States beyond the expiration of their visas from deportation.
Hong Kong billionaire Michael Kadoorie has approached investors to raise at least US$50 million (HK$389 million) to fund efforts to boost the city’s image, according to people familiar with the matter.
On Monday, Pan Gongsheng, governor of the People's Bank of China, in a speech to the Asia Financial Forum in Hong Kong, emphasised Beijing's commitment to supporting the city's growth as a top ...
China unveiled fresh measures to strengthen Hong Kong's role as an offshore yuan financing hub, including establishing a new yuan funding facility for banks and companies and expanding access to mainland investors to invest in foreign-currency bonds in the city,
Yuan funding costs in Hong Kong surged to levels unseen in years, signaling concern that Beijing’s efforts to stabilize the currency may lead to tighter liquidity in the offshore market.
"Since June 2020, at least 200 opposition politicians, activists, and protesters have been taken into custody on politically motivated NSL charges," said President Joe Biden.
Asia-Pacific markets were set to open higher Monday, ahead of Donald Trump's inauguration with investors awaiting greater clarity on the policies of the incoming U.S. administration. Australia's S&P/ASX 200 rose 0.2% at the open.
Jailed Hong Kong media tycoon Jimmy Lai testified on Thursday that he brokered meetings between former Taiwan leader Tsai Ing-wen and American establishment figures, with prosecutors alleging that he