The US sanctioned nearly 60 entities linked to Iran, including Hong Kong firms, for allegedly aiding Iran's Revolutionary Guard. A major financial institution's designation is expected soon.
Gary zhou
Aug 28, 2026
Hong Kong's Star Ferry seeks a 30% fare increase, citing rising costs and losses. The Transport Advisory Committee will consider public affordability before the Executive Council makes a final decision.
Gary zhou
Aug 28, 2026
China's Commerce Ministry criticizes potential US tariff increase, warning of protectionism and unilateralism. The proposed 7.5% tariff stems from a Section 301 investigation into excess manufacturing capacity.
Gary zhou
Aug 28, 2026
Fed Chair Kevin Warsh's upcoming speech at Jackson Hole could influence Hong Kong mortgage rates due to the Linked Exchange Rate System, though most borrowers may not feel immediate effects.
Gary zhou
Aug 27, 2026
Hong Kong's SFC banned Ernest Chan for 10 years after he used bounced cheques to falsely report liquid capital, avoiding regulatory detection for 20 months.
Gary zhou
Aug 27, 2026
Hong Kong is set to introduce its first five-year plan for economic and social development, aligning with China's national strategy. This marks a shift from annual policy cycles to medium-term planning.
Staff Reporter
Aug 22, 2026
Hong Kong court convicts pro-democracy leaders Lee Cheuk-yan and Chow Hang-tung of inciting subversion, highlighting the erosion of civil liberties under Beijing's national security law.
Staff Reporter
Aug 21, 2026