Hong Kong

Top of Hong Kong’s glitzy new skyscraper offers instagrammable cocktails

The opulence at Peridot is the closest to Dubai vibes available in the city

Switzerland has held its ground as the world’s pre-eminent haven despite years of predictions that the erosion of bank secrecy and international pressure on offshore finance would diminish its status.
THE BROAD VIEW

Asia’s wealthy turn to Switzerland to park assets

Swiss private banks report rising demand from Asian family offices and rich individuals to book assets in Europe

Farmland on a site to be redeveloped into the Northern Metropolis. Its designers envision the mega project as a modern residential and commercial “super-city” with a focus on information and technology, supported by resources from neighbouring Shenzhen.

Hong Kong’s massive Northern Metropolis project to be ‘new economic engine’

Development being built on land near Shenzhen border will have office and commercial space, as well as homes for 2.5 million people

Hong Kong will lure more listings from companies in regions such as South-east Asia and the Middle East, says Financial Secretary Paul Chan.

Hong Kong expects 3.2% growth this year, seeks to maintain momentum

[SHANGHAI] Hong Kong Financial Secretary Paul Chan raised his 2025 economic growth forecast to 3.2 per cent on Sunday (Dec 28), saying the city would bolster its role as a financial centre, innovation...

Hong Kong has been actively building a framework to support the development of crypto assets and stablecoins as part of its strategy to become a top digital finance hub.

Hong Kong plans new crypto, infrastructure rules for insurers

The city’s de facto central bank expects to grant the first batch of stablecoin approvals early next year

Following a preliminary investigation, police arrested one male suspect, who was taken to the Central Police Station for questioning.

Robbers steal one billion yen in Hong Kong daylight heist

The city has seen a spate of robberies involving exchange shops recently

Qube is set to take as much as 146,000 sq ft across six floors in Two International Finance Centre being vacated by UBS Group.

Hedge fund Qube to take six UBS floors in Hong Kong’s Central

Its new lease is the largest ever signed by a hedge fund firm anywhere in the city

Hong Kong is the world’s second-largest offshore wealth management centre, managing about US$2.7 trillion in cross-border assets.
NEWS ANALYSIS

Hong Kong’s financial resurgence fuelled by surge of offshore wealth

Strong net fund inflows of HK$7 trillion brought the city’s managed assets back up to HK$35.1 trillion at the end of 2024