Search results for Hong Kong Financial Crackdown

Mainland Chinese react as Hong Kong tightens access to offshore investment accounts

As news spread on Wednesday that Hong Kong banks were tightening scrutiny on mainland Chinese clients opening savings and investment accounts, Zhe Ye – an auctioneer based in the s...

Beijing Detains Top Economist Ba Shusong Who Bridged Hong Kong’s Markets and CCP Power

Ba Shusong's arrest signals Xi Jinping's push to control Hong Kong's financial system from the inside.

China deepens crackdown on cross-border brokerages

Hong Kong moves to tighten crypto advisory rules in major shift

Hong Kong authorities plan to introduce new licensing rules for virtual asset advisory and management service providers as the city expands oversight of its digital asset market. T...

Hong Kong adds millions to PwC's penalties over Evergrande audit

Hong Kong seeks to seize HK$56.5 million, 17 companies from jailed Jimmy Lai

The Hong Kong government is seeking to confiscate HK$56.5 million (US$7.2 million) from former media boss Jimmy Lai Chee-ying’s bank accounts and all of the shares in his 17 compan...

Hong Kong balancing financial security, innovation as nation’s ‘firewall’: Paul Chan

Hong Kong has struck a balance between financial security and innovation in its strategic roles as a “testing ground” and “firewall” for the nation’s reform and opening up, the cit...

Report: China Probes Futu, Tiger Brokers, Longbridge Over Offshore Trades

Mainland Chinese investors are reportedly moving to unwind their offshore stock positions amid concerns over a broader regulatory probe into unlicensed cross-border trading, accord...

How China’s tax crackdown on undeclared overseas income is targeting retail investors

When a friend received a text message from the mainland Chinese tax authorities asking her to ensure that all her declared income – including income from abroad – was accurate, Fan...

Hong Kong Moves To Seize Jimmy Lai’s $16 Million In Assets Under National Security Law

The Hong Kong government applied to the High Court seeking the confiscation of assets belonging to media tycoon Jimmy Lai that are linked to national security-related offenses, acc...

Hong Kong court confiscates HK$674,860 from 3 defendants in terrorism trial

A Hong Kong court has ordered the confiscation of more than HK$674,000 (US$86,000) seized from three defendants in a landmark terrorism trial, finding the funds were raised to fina...

Hong Kong police intercept Maserati, arrest 2 over suspected money laundering

Hong Kong police intercepted a Maserati on a busy street in Mong Kok on Wednesday and arrested two people in connection with a suspected money laundering case, the South China Morn...

Hong Kong finance chief woos French wealth managers as European tour kicks off

Hong Kong’s finance chief has begun a five-day European tour, starting in France, as part of the city’s latest push to attract global capital and reinforce its status as an interna...

Hong Kong overtakes Switzerland as hub for global offshore wealth

Chinese territory enjoys surge of investment from mainland as wealthy spread assets across different jurisdictions

Hong Kong market regulator takes on ‘collection agent’ role for wronged investors

On a warm Saturday in early May, the kind of day most would choose to spend on a hike or at the beach, hundreds of Hongkongers instead stood for hours in a queue at Edinburgh Tower...

‘Toughest stance’: Hong Kong launches 18 operations against illegal fuel stations

Hong Kong authorities launched 18 joint operations against illicit refuelling stations this year amid a global surge in energy prices, with the customs chief noting that the practi...

Hong Kong regulator urged to expand stablecoin rules after cautious roll-out

The Hong Kong Monetary Authority (HKMA) is being urged to go further in loosening restrictions on stablecoins, after granting the city’s first two licences to banks to issue the di...

China deepens crackdown on cross-border brokers, vows cleanup in 2 years

27 held, HK$3.3m fuel seized as Hong Kong cracks down on illegal sales by triads

Hong Kong authorities have arrested 27 people and seized more than 21,000 litres of illicit fuel worth about HK$3.3 million (US$421,200) in a crackdown on triad-linked illegal fuel...

US-China Crackdown on Dubai Scam Centers

Joint enforcement smooths way for potentially friendly mid-May Xi-Trump meeting in Beijing

Bulletin world briefing: Hong Kong to seize $16m in assets from jailed tycoon Jimmy Lai

Crackdown on democracy in Hong Kong

Millions of people protested in Hong Kong against China’s Communist Party back in…Tags: arrests, China, democracy, Hong Kong, Reuters

Hong Kong’s Paul Chan is heading to Europe. So what’s on the itinerary?

Paul Chan Mo-po will seek to explain Hong Kong’s efforts to combat terrorism financing and work to attract more funds and business to the city during a five-day Europe trip, noting...

Hong Kong ‘block trade king’ exploited bank lapse to make HK$1.7 million, court told

A prominent hedge fund manager took advantage of a bank’s “wholesale collective failure” to prevent illicit trading, making HK$1.7 million in a single day by using confidential inf...