Forex Directory Hong Kong News

Hong Kong’s Democratic Party to set up task force to discuss disbandment steps
Thursday, February 20,2025,15:17

Hong Kong’s opposition Democratic Party will set up a special task force to discuss steps to disband, party chair Lo Kin-hei has announced, three decades after the political party was established. The three-member task force would handle legal and financial matters relating to the dissolution and liquidation of the pro-democracy party, Lo told reporters on […] .. read more..

Hong Kong health authorities apologise after 2 children given wrong vaccines
Thursday, February 20,2025,14:32

Nurses blamed after children mistakenly given pneumococcal vaccine instead of hepatitis B jabs. .. read more..

Leadership of Hong Kong’s Democratic Party backs motion to dissolve
Thursday, February 20,2025,14:10

Party will establish task force to arrange for 400 members to vote on whether to break up and handle legal procedures involved in liquidation. .. read more..

Hong Kong director Jun Li’s pro-Palestine speech in Berlin sparks German probe
Thursday, February 20,2025,13:41

Investigation launched after Li reads out speech by Iranian actor starring in his latest film, calling for free Palestine. .. read more..

Murder accused’s eye contact enough to scare daughter, Hong Kong court hears
Thursday, February 20,2025,13:35

Defendant Lau Kai-ping insisted on harsh treatment for his daughter and forced girl’s mother to follow, High Court trial told. .. read more..

North Korea, Iraq holiday? Hongkongers are seeking unique getaways, insiders say
Thursday, February 20,2025,13:18

Industry representatives at four-day holiday expo say there is rising interest in off-the-beaten-path travel. .. read more..

Beijing allows Hong Kong banks to issue credit cards on mainland from March 1
Thursday, February 20,2025,13:06

The new rules will benefit lenders such as HSBC, Standard Chartered, Bank of East Asia and Hang Seng Bank, analysts say. .. read more..

Mainland branches of HK, Macao banks to offer foreign currency bank card serv...
Thursday, February 20,2025,12:53

BEIJING, Feb. 20 (Xinhua) -- The National Financial Regulatory Administration on Thursday authorized mainland branches of Hong Kong and Macao banks to offer foreign currency bank card services. The bank branches are also permitted to provide RMB card services for clients other than citizens of the mainland. These policies will take effect on March 1. The move aims to promote high-standard opening-u .. read more..

Number of people on remand in Hong Kong jails hits 24-year high
Thursday, February 20,2025,12:01

But those serving sentences for national security, anti-government protest offences have dropped for first time. .. read more..

Jimmy Lai denies making unfounded claims of Beijing meddling in Hong Kong aff...
Thursday, February 20,2025,11:04

Prosecutors accuse Lai of inciting public hatred towards central and city authorities with ‘exaggerated’, ‘totally unfounded’ claims in two articles. .. read more..

Hong Kong budget 2025-26
Thursday, February 20,2025,10:58

Hong Kong’s finance chief is expected to deliver his budget speech on February 26 and is under mounting pressure to balance the books. The Post looks at the dilemmas involved and the political will required to address funding challenges in this series. .. read more..

App-based insomnia therapy found to cut depression rate among Hong Kong youth
Thursday, February 20,2025,10:48

Study looked into digital cognitive behavioural therapy for insomnia among young people in first such clinical research in Asia. .. read more..

Beijing says China, US should show ‘mutual respect’ on trade tensions
Thursday, February 20,2025,10:20

China called on Thursday for the United States to show “mutual respect” in managing commercial tensions after President Donald Trump said a trade deal with Beijing was “possible”. Trump has threatened sweeping tariffs on allies and adversaries alike, including China, in the month since he took office. But he suggested on Wednesday that a trade […] .. read more..

Hong Kong police intercept 8 cars over suspected illegal hire after cab union...
Thursday, February 20,2025,10:08

Hong Kong police have intercepted eight drivers on suspicion of using their private vehicles for illegal hire. Six men and two women, aged between 36 and 63, were intercepted on Wednesday by police officers who posed as passengers, the police said. The citywide operation came hours after a taxi union called off a planned strike […] .. read more..

Hong Kong public hospitals to harness AI for drafting medical reports
Thursday, February 20,2025,09:54

AI tool, scheduled for roll out in six major hospitals in March, will help provide report drafts based on clinical data. .. read more..

Hong Kong Journalists Association cancels annual dinner after 2 hotels axe bo...
Thursday, February 20,2025,09:47

Association puts plans for fundraising dinner on hold after Eaton HK and Regal Hongkong Hotel refuse to honour reservation. .. read more..

‘MC’ Cheung, Donnie Yen among star line-up at Hong Kong’s Kai Tak Stadium launch
Thursday, February 20,2025,09:33

Other stars performing at event include Cantopop singers Joey Yung and Gin Lee, with Olympic fencer Vivian Kong to make appearance. .. read more..

Hong Kong's Hang Seng Index closes 1.6 pct lower
Thursday, February 20,2025,09:15

HONG KONG, Feb. 20 (Xinhua) -- Hong Kong's stock market ended lower Thursday with the benchmark Hang Seng Index down 1.6 percent to close at 22,576.98 points. The Hang Seng China Enterprises Index fell 1.66 percent to end at 8,322.56 points, the Hang Seng Tech Index fell 3.04 percent to end at 5,500.02 points. .. read more..

Hong Kong lawmakers pass bill to decrease toll fees at Tai Lam Tunnel
Thursday, February 20,2025,08:32

Legislators also throw out proposal from lawmaker Michael Tien to grant motorists free access during non-peak hours. .. read more..

Hong Kong university student union axes Burmese film screening, citing last-m...
Thursday, February 20,2025,08:31

A student union at a Hong Kong university has cancelled the screening of a Burmese film set in Myanmar’s ongoing civil war, citing a last-minute government warning that hosting the event may break the law. The New Asia College Students’ Union (NASU) at the Chinese University of Hong Kong (CUHK) abruptly cancelled the screening of […] .. read more..

China's Xizang opens first flight linking Hong Kong
Thursday, February 20,2025,07:44

LHASA, Feb. 20 (Xinhua) -- The first commercial flight linking southwest China's Xizang Autonomous Region and the Hong Kong Special Administrative Region started operation Wednesday morning. The flight, operated by Tibet Airlines and using an Airbus A319, runs twice a week on Wednesdays and Sundays. It departs Lhasa at 8:10 a.m., stops over in Chengdu City of southwest China's Sichuan Province, and arrives in Ho .. read more..

Hundreds of Chinese workers from Myanmar scam centres heading home via Thailand
Thursday, February 20,2025,07:24

Hundreds of Chinese workers were heading home on Thursday after being returned from online scam centres in Myanmar, as authorities crack down on the illegal operations. Thousands of foreigners are expected to be freed and returned from scam compounds in Myanmar in coming weeks, starting with 600 Chinese nationals over the next three days. The […] .. read more..

Hong Kong's Hang Seng Index opens 0.99 pct lower
Thursday, February 20,2025,07:21

HONG KONG, Feb. 20 (Xinhua) -- Hong Kong's Hang Seng Index fell 227.53 points or 0.99 percent to open at 22,716.71 points on Thursday. .. read more..

Hong Kong seeks to tighten labour union laws on national security grounds
Thursday, February 20,2025,05:13

The Hong Kong government has proposed legislative amendments to permanently bar those convicted of national security offences from serving in labour unions and to require all foreign funding to be vetted by the authorities. The changes to the Trade Unions Ordinance were proposed on Wednesday “to better fulfil the duty of safeguarding national security” under […] .. read more..

Indian stocks open in red amid concerns over global trade tensions
Thursday, February 20,2025,05:07

Mumbai (Maharashtra) [India], February 20 (ANI): The bears are continuously pulling the Indian markets down as the Nifty, and Sensex opened with U.S. President Donald Trump's tariff threats. The benchmark indices, Nifty 50 and BSE Sensex declined at the opening bell as selling pressure persisted across most sectors. The Nifty 50 index opened at 22,821.10 points, down 111.80 points or 0.49%, while the BSE Se .. read more..

Asian infrastructure bank raises US$549 million in Hong Kong dollar bond sale
Thursday, February 20,2025,04:35

AIIB issuance attracts investors domestically and across Asia-Pacific, with final order book reaching HK$9 billion with more than 25 orders. .. read more..

Hong Kong’s M+ museum to show over 200 works by Zao Wou-Ki from December
Thursday, February 20,2025,04:00

Venue is planning Asia’s first major retrospective of Zao’s graphic works as part of exhibition that includes other abstract masterpieces. .. read more..

BREAKING: Eaton HK Hotel axes venue booking for journalists assoc. annual gal...
Thursday, February 20,2025,03:49

The Hong Kong Journalists Association (HKJA) has said its venue booking for their annual fundraising gala next Monday has been cancelled by Eaton HK Hotel, with no reason given. It comes after the Regal Hongkong Hotel in Causeway Bay axed the union’s venue booking for the event last week, citing “water leakage causing unstable power […] .. read more..

How you can protect yourself against fake ‘#’ text messages in Hong Kong
Thursday, February 20,2025,02:00

Experts have warned people to watch out for suspicious text messages that include ‘#’ prefix used by registered firms only. .. read more..

Why Hong Kong must be careful about cutting university funding
Thursday, February 20,2025,01:30

Arbitrary funding cuts could hurt the city’s education hub ambition. What’s needed is a clear framework of what counts as excessive reserves. .. read more..

Hong Kong budget: can Paul Chan make needed cuts without angering the public?
Thursday, February 20,2025,01:00

The Post examines the difficulties the government faces should it cut expenditure in major spending areas, such as the HK$2 transport subsidy, public healthcare and civil servant salaries. .. read more..

Hong Kong banks face rising risks amid prolonged property slump, Moody’s warns
Thursday, February 20,2025,00:30

Moody’s highlights the potential for higher loan-loss provisions and a tightening of credit lines, particularly for smaller developers. .. read more..

Animal NGO’s ‘Grim Reaper’ welcomes buyers to Hong Kong Fur Fair, urging an e...
Thursday, February 20,2025,00:30

An animal activist dressed as the Grim Reaper staged a protest near the Hong Kong International Fur & Fashion Fair on Wednesday, urging an end to the “extreme violence” involved in the industry. Wielding a scythe emblazoned with the words “Fur is dead,” the hooded skeletal figure welcomed buyers as a “ghastly reminder that their […] .. read more..

Hong Kong’s M+ museum, MoMA sign first-of-its-kind collaboration deal
Thursday, February 20,2025,00:00

M+ is also set to hold special exhibition showcasing over 200 works by renowned Chinese-French abstract painter Zao Wou-Ki. .. read more..

(SP)CHINA-SHENZHEN-TABLE TENNIS-34TH ITTF-ATTU ASIAN CUP-WOMEN'S SINGLES (CN)
Wednesday, February 19,2025,16:55

(250219) -- SHENZHEN, Feb. 19, 2025 (Xinhua) -- Chen Xingtong of China serves during the women's singles group 4 match against Doo Hoi Kem of China's Hong Kong at the 34th ITTF-ATTU Asian Cup table tennis tournament in Shenzhen, south China's Guangdong Province, Feb. 19, 2025. (Xinhua/Liang Xu) .. read more..

Hong Kong remains vibrant market for digital assets: financial secretary
Wednesday, February 19,2025,16:51

HONG KONG, Feb. 19 (Xinhua) -- Hong Kong will remain a stable, open and vibrant market for digital assets as the Web3 ecosystem continues to evolve, Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, said on Wednesday. Speaking at Consensus Hong Kong 2025, a forum on blockchain, digital assets and Web3, Chan noted that having Hong Kong as the first Asian city to hos .. read more..

"Ne Zha 2" premieres in Macao as box office soars
Wednesday, February 19,2025,16:51

MACAO, Feb. 19 (Xinhua) -- Chinese mainland's animated blockbuster "Ne Zha 2" premiered on Wednesday night in Macao and was officially scheduled to hit Macao theaters on Saturday. The film premiered in Hong Kong on Tuesday and garnered significant attention in both Hong Kong and Macao. A sequel to the 2019 hit "Ne Zha," "Ne Zha 2" gained wide popularity thanks to its contemporary re-imagination of Ne Zha, .. read more..

Self-Regulation for Lifelong Learners
Wednesday, February 19,2025,16:00

[The content of this article has been produced by our advertising partner.] As parents, it can be challenging to watch our children wrestle with their emotions without interfering. However, this process of learning to self-regulate lays a strong foundation for future success, and it is crucial that we provide tools for our children to master self-regulation. At Stamford, the social-emotional learning program is a timetabled subject delivered to students as young as 5 years old. By adopting the award-winning “Second Step Student Well-being Program” developed by the Committee for Children, we empower students to develop essential human skills in an age-appropriate manner, supporting them to... .. read more..

Beijing acts as FDI plunges 13pc
Wednesday, February 19,2025,16:00

Foreign direct investment into China fell more than 13 percent at 97.6 billion yuan (HK$104.25 billion) last month as the country issued an action plan to stabilize foreign investment. China issued an action plan yesterday for stabilizing foreign investment in 2025, which was approved by a State... .. read more..

Declining demand hits home prices
Wednesday, February 19,2025,16:00

China's new home prices stalled in January, official data showed yesterday, suggesting declining demand in the crisis-hit property sector is struggling to find a floor despite continued government efforts to prop up sentiment. Prices were unchanged month-on-month, according to Reuters calculations... .. read more..

China pledges to support customs autonomy as free trade pact expands
Wednesday, February 19,2025,16:00

Staff reporter China has vowed to support Hong Kong's status as a separate customs territory, enabling it to sign more free-trade pacts and partnerships. The pledge came at a forum held by the Hong Kong government and China's Ministry of Commerce to introduce the new amendment under the Closer... .. read more..

HK to expand, open up virtual assets market
Wednesday, February 19,2025,16:00

Themis Qi Hong Kong yesterday unveiled a roadmap to expand and grow its virtual assets market on the sidelines of a premier global crypto event under way in the city. The initiative was announced by Securities and Futures Commission chief executive Julia Leung Fung-yee at CoinDesk's Consensus Hong... .. read more..

Gold headed toward US$3,000 on Trump threats
Wednesday, February 19,2025,16:00

Reuters and staff reporter Gold prices advanced to an all-time high of US$2,946 (HK$22,979) an ounce on yesterday as trade war tensions and concerns over global economic growth drove safe-haven flows following US President Donald Trump's new tariff threats. "Gold's rally appears to be driven by... .. read more..

Hong Kong business FARES WELL
Wednesday, February 19,2025,16:00

HSBC's (0005) Hong Kong businesses posted a 9.4 percent rise to US$11.89 billion (HK$92.74 billion) in pre-tax profit last year from 12 months earlier. Revenue for the segment in the year increased by nearly 7 percent to US$22 billion while expected credit loss narrowed by 16.7 percent to US$1.27... .. read more..

Developers dangle huge discounts
Wednesday, February 19,2025,16:00

Cici Cao Hong Kong's developers have kicked off a price war with Henderson Land's (0012) Eight Southpark and Wang On Properties' (1243) Coasto offering huge discounts to lure buyers. Eight Southpark in Kowloon City unveiled its first price list of 63 flats with an average price of HK$17,388 per sq... .. read more..

SHKP wins Tung Chung site for $602m
Wednesday, February 19,2025,16:00

Aiden He Sun Hung Kai Properties (0016) has been awarded a rendered residential site in Tung Chung for HK$602 million, or around HK$1,500 per buildable square foot, in line with market expectations. The developer's deputy managing director Victor Lui Ting said he was "very pleased" with the... .. read more..

Hang Seng Bank beats expectations with $18.3b
Wednesday, February 19,2025,16:00

Cici Cao Shares of Hang Seng Bank (0011) once fell below 7 percent after the lender revealed its net profit beat market expectations but kept its interim dividend unchanged. The bank reported a net profit of HK$18.38 billion in 2024, a year-on-year increase of 3 percent, versus the market estimate... .. read more..

HSBC's profit rises 6pc to US$32.3b
Wednesday, February 19,2025,16:00

Agencies and staff reporter HSBC (0005) posted a 6.5 percent rise in pre-tax profit to US$32.3 billion (HK$251.9 billion) last year, marginally beating estimates, as income withstood the impact of falling interest rates and plans to save US$1.8 billion in costs by the end of next year. The lender... .. read more..

Ant interested in humanoids
Wednesday, February 19,2025,16:00

Ant Group, the Alibaba-linked (9988) fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech companies exploring this emerging field. The company has opened positions related to humanoid robot systems and applications through its subsidiary,... .. read more..

Housing costs hit home for people on low incomes
Wednesday, February 19,2025,16:00

A quarter of grassroots respondents are reporting their housing expenses are exceeding HK$7,000, raising concerns that potential welfare cuts due to the fiscal deficit could exacerbate the wealth gap. Grassroots Wishes, a non-governmental organization, is urging the SAR administration not to impose... .. read more..

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