Hong Kong Free Press – News (Finance/Business coverage)

Hong Kong Free Press – News (Finance/Business coverage)

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Hong Kong’s independent outlet with finance/business category; general RSS available.

Oxfam’s Living Wage for Hong Kong Set to Rise to HK$64 per Hour From Oct
NewsApr 23, 2026

Oxfam’s Living Wage for Hong Kong Set to Rise to HK$64 per Hour From Oct

Oxfam Hong Kong announced a new living‑wage benchmark of HK$64 per hour (about $8.20) effective Oct. 1, up from HK$62.8. The increase reflects recent wage data and the Composite Consumer Price Index. Meanwhile, the statutory minimum wage will rise by HK$1...

By Hong Kong Free Press – News (Finance/Business coverage)
China Sex Toy Makers Cautiously Embrace AI Wave
NewsApr 18, 2026

China Sex Toy Makers Cautiously Embrace AI Wave

Chinese sex‑toy manufacturers displayed AI‑enhanced products at the Shanghai International Adult Products Industry Exhibition, including chat‑responsive vibrators, video‑synced devices, and a prototype cyber‑punk silicone doll that mimics emotions. Companies such as Luvmazer, Amorlink, and Jissbon showcased apps that translate virtual...

By Hong Kong Free Press – News (Finance/Business coverage)
China, Russia Ties Driving North Korean Economic Recovery, Seoul Says
NewsApr 17, 2026

China, Russia Ties Driving North Korean Economic Recovery, Seoul Says

South Korea’s unification ministry reports that North Korea’s economy is emerging from a contraction, driven by deeper trade and diplomatic ties with China and Russia. Air China has resumed direct flights and daily rail links to Pyongyang, signaling improved logistics....

By Hong Kong Free Press – News (Finance/Business coverage)
Hong Kong’s Largest Hospital, Kai Tak Hospital, to Open in October
NewsApr 16, 2026

Hong Kong’s Largest Hospital, Kai Tak Hospital, to Open in October

Hong Kong will open its largest public hospital, Kai Tak Hospital, in October, offering 2,400 beds within a 500,000‑sqm healthcare hub. The first phase will provide specialist outpatient services in medicine, neurosurgery and oncology, while accident‑and‑emergency, inpatient and surgical care are...

By Hong Kong Free Press – News (Finance/Business coverage)
University Student Jailed for 10 Days for Indecent Assault of 2 Women on MTR
NewsApr 15, 2026

University Student Jailed for 10 Days for Indecent Assault of 2 Women on MTR

A 20‑year‑old Chinese University of Hong Kong student was sentenced to ten days in jail after pleading guilty to two counts of indecent assault on women aboard an MTR train. The magistrate rejected a recommended 18‑month probation, emphasizing a zero‑tolerance...

By Hong Kong Free Press – News (Finance/Business coverage)
Chinese, Vietnamese Leaders Sign Cooperation Deals
NewsApr 15, 2026

Chinese, Vietnamese Leaders Sign Cooperation Deals

Vietnam’s newly elected President To Lam made his first overseas trip to Beijing, meeting Xi Jinping and signing a suite of cooperation agreements. The deals emphasize moving from sheer trade volume to higher‑quality economic links, including strategic infrastructure and supply‑chain integration. Chinese...

By Hong Kong Free Press – News (Finance/Business coverage)
Hong Kong Journalists Association Warns Stalking of Journalists Has ‘Chilling Effect’ on Press Freedom
NewsApr 15, 2026

Hong Kong Journalists Association Warns Stalking of Journalists Has ‘Chilling Effect’ on Press Freedom

The Hong Kong Journalists Association (HKJA) warned that recent stalking and harassment of reporters, including those from independent outlet InMedia, creates a chilling effect on press freedom. The association demanded the Security Bureau clarify whether law‑enforcement agencies have conducted surveillance...

By Hong Kong Free Press – News (Finance/Business coverage)
10 Taiwanese Charged with Spying for China
NewsApr 14, 2026

10 Taiwanese Charged with Spying for China

Taiwan prosecutors indicted ten individuals, including nine current or former military members, for allegedly spying for Beijing. The suspects allegedly received bribes ranging from NT$72,000 (about US$2,000) to NT$1.7 million (about US$53,500) via bank transfers and cryptocurrency in exchange for classified...

By Hong Kong Free Press – News (Finance/Business coverage)
Hong Kong Suspends Plans to Legalise Basketball Betting Amid Concerns About Prediction Markets
NewsApr 14, 2026

Hong Kong Suspends Plans to Legalise Basketball Betting Amid Concerns About Prediction Markets

Hong Kong’s Home and Youth Affairs Bureau announced it is suspending the planned legalisation of basketball betting, citing the rapid expansion of prediction‑market gambling. The bureau highlighted that prediction‑market trading volume surged to about US$64 billion in 2025, a three‑fold increase...

By Hong Kong Free Press – News (Finance/Business coverage)
Mainland Chinese Woman Acquitted of Fraud over Using Fake Degree for Hong Kong’s Top Talent Visa
NewsApr 13, 2026

Mainland Chinese Woman Acquitted of Fraud over Using Fake Degree for Hong Kong’s Top Talent Visa

A mainland Chinese woman, Xu Lina, was found not guilty of conspiracy to defraud Hong Kong’s Top Talent Pass Scheme (TTPS) after a magistrate accepted that her agent may have submitted a false application on her behalf. Xu had paid...

By Hong Kong Free Press – News (Finance/Business coverage)
Children’s Rights vs Big Tech: What Hong Kong Can Learn From Landmark US Trials
NewsApr 11, 2026

Children’s Rights vs Big Tech: What Hong Kong Can Learn From Landmark US Trials

U.S. juries recently awarded $6 million to a former teen and $375 million to a consumer‑protection claim against Meta, finding that Instagram, YouTube and other platforms use addictive designs that harm children. The verdicts frame social‑media firms as product manufacturers rather than...

By Hong Kong Free Press – News (Finance/Business coverage)
Hong Kong Police Arrest Man Suspected of Stealing 56,000 Hospital Authority Patients’ Personal Data
NewsApr 9, 2026

Hong Kong Police Arrest Man Suspected of Stealing 56,000 Hospital Authority Patients’ Personal Data

Hong Kong police arrested a 30‑year‑old contractor employee suspected of downloading personal data of more than 56,000 Hospital Authority patients. The breach, traced to two contractor offices in the New Territories, involved surgical‑procedure details but not full medical records. Authorities...

By Hong Kong Free Press – News (Finance/Business coverage)
Tai Po Fire: Gov’t-Appointed Management Firm to Hold Briefing Session for Wang Fuk Court Residents in Early May
NewsApr 7, 2026

Tai Po Fire: Gov’t-Appointed Management Firm to Hold Briefing Session for Wang Fuk Court Residents in Early May

The Hong Kong government appointed Hop On Management, a Chinachem subsidiary, to take over the owners' board at fire‑ravaged Wang Fuk Court and will hold a resident briefing in early May. Hop On faces the daunting task of processing roughly...

By Hong Kong Free Press – News (Finance/Business coverage)
Hong Kong’s ‘Hero Trees’ Lose Their Glory as Climate Warms
NewsApr 4, 2026

Hong Kong’s ‘Hero Trees’ Lose Their Glory as Climate Warms

Hong Kong’s iconic kapok, or red silk‑cotton, trees are now flowering while retaining winter leaves, a shift driven by record‑warm winters. The Hong Kong Observatory recorded a mean December‑February temperature of 19.3 °C, about two degrees above normal, marking the city’s warmest...

By Hong Kong Free Press – News (Finance/Business coverage)
China Says US, Israeli Attacks on Iran the ‘Root Cause’ of Hormuz Strait Blockage
NewsApr 2, 2026

China Says US, Israeli Attacks on Iran the ‘Root Cause’ of Hormuz Strait Blockage

China’s foreign ministry said US and Israeli strikes on Iran caused the Strait of Hormuz blockage. The closure has pushed Brent crude to about $100 a barrel, spiking global oil prices by 40‑50%. Chinese airlines announced fuel surcharges, while President...

By Hong Kong Free Press – News (Finance/Business coverage)
Hong Kong Businessman Jason Poon Jailed for 1 Month for Contempt of Court
NewsApr 2, 2026

Hong Kong Businessman Jason Poon Jailed for 1 Month for Contempt of Court

Hong Kong businessman Jason Poon was sentenced by the High Court to one month in prison for two counts of contempt of court and ordered to pay HK$262,000 (approximately US$33,500) in legal costs. The contempt stemmed from a YouTube livestream...

By Hong Kong Free Press – News (Finance/Business coverage)
Chinese Robotaxis Stall in Apparent ‘Malfunction,’ Police Say
NewsApr 1, 2026

Chinese Robotaxis Stall in Apparent ‘Malfunction,’ Police Say

Chinese internet giant Baidu’s driverless taxi service Apollo Go experienced a system malfunction that left multiple vehicles stalled on Wuhan streets. Passengers were stranded for more than half an hour while calls to customer service went unanswered. Police investigations confirmed...

By Hong Kong Free Press – News (Finance/Business coverage)
US Lawmaker Says Taiwan Defence Spending Bill Approval ‘Very Important’
NewsMar 30, 2026

US Lawmaker Says Taiwan Defence Spending Bill Approval ‘Very Important’

U.S. Senators John Curtis and Jeanne Shaheen told Taiwan that passing a special defence budget is "very important" as Washington steps up pressure on the island to fund its own security. Taipei’s ruling Democratic Progressive Party has tabled a NT$1.25 trillion...

By Hong Kong Free Press – News (Finance/Business coverage)
China Used Fake LinkedIn Profiles to Spy on NATO, EU: Security Source
NewsMar 28, 2026

China Used Fake LinkedIn Profiles to Spy on NATO, EU: Security Source

Chinese state security operatives deployed fabricated LinkedIn recruiter accounts to infiltrate NATO and EU institutions, posing as head‑hunters to solicit sensitive information. The fake profiles, such as the "Kevin Zhang" persona, offered paid reports before requesting classified data, paying recruits...

By Hong Kong Free Press – News (Finance/Business coverage)
Lawyer’s Paradoxical Logic: Advance Notice Was ‘Groundless’ and Necessary
NewsMar 28, 2026

Lawyer’s Paradoxical Logic: Advance Notice Was ‘Groundless’ and Necessary

A public inquiry into the November Wang Fuk Court fire, which killed 168 residents, is scrutinizing the role of Hong Kong’s Independent Checking Unit. Senior Counsel Jenkin Suen, representing the government, labeled allegations that the unit tipped off the consulting...

By Hong Kong Free Press – News (Finance/Business coverage)
Hong Kong NGO Urges Pregnant Domestic Workers to Seek Help After Woman Arrested over Baby Found in Bin
NewsMar 27, 2026

Hong Kong NGO Urges Pregnant Domestic Workers to Seek Help After Woman Arrested over Baby Found in Bin

A 34‑year‑old Indonesian domestic worker in Hong Kong was arrested on suspicion of concealing a newborn’s birth after the infant was discovered dead in a women’s restroom bin at Lee Theatre Plaza. The baby, still attached to its umbilical cord,...

By Hong Kong Free Press – News (Finance/Business coverage)
Hong Kong Court Dismisses Appeal by Swedish Businessman Convicted of Raping Domestic Worker
NewsMar 25, 2026

Hong Kong Court Dismisses Appeal by Swedish Businessman Convicted of Raping Domestic Worker

Hong Kong’s Court of Appeal upheld the rape and buggery conviction of Swedish businessman Patrik Tobias Ekstrom, rejecting his challenge to the trial’s jury directions and evidentiary rulings. Ekstrom, who had been granted bail pending appeal, was remanded in custody...

By Hong Kong Free Press – News (Finance/Business coverage)
3 Apple Daily Firms Declared ‘Prohibited Organisations’ After Hong Kong Gov’t Deregistration
NewsMar 25, 2026

3 Apple Daily Firms Declared ‘Prohibited Organisations’ After Hong Kong Gov’t Deregistration

Hong Kong’s Companies Registry struck off Apple Daily Limited, Apple Daily Printing Limited and AD Internet Limited, designating them as prohibited organisations under the city’s national security framework. Each firm was fined HK$3,004,500 (approximately $385,000 USD) for breaching the law,...

By Hong Kong Free Press – News (Finance/Business coverage)
Hong Kong Proposes Blanket Smoking Ban on Construction Sites, Seeking to Penalise Workers, Contractors
NewsMar 24, 2026

Hong Kong Proposes Blanket Smoking Ban on Construction Sites, Seeking to Penalise Workers, Contractors

Hong Kong’s Labour and Welfare Bureau is set to introduce a blanket smoking ban across all construction sites, both indoor and outdoor, following the deadly Tai Po fire in November 2025. The proposal imposes a HK$3,000 (≈$384) fixed penalty on workers caught...

By Hong Kong Free Press – News (Finance/Business coverage)
New Macau Nat. Security Law Open to Government ‘Misuse,’ Rights Group Says
NewsMar 24, 2026

New Macau Nat. Security Law Open to Government ‘Misuse,’ Rights Group Says

Macau’s Legislative Assembly unanimously passed a new national security law that permits judges to conduct cases behind closed doors and requires defence lawyers to obtain clearances before participation. The law expands powers first introduced in 2009 and widened in 2023,...

By Hong Kong Free Press – News (Finance/Business coverage)
Taiwan Leader Says Two Nuclear Power Plants ‘Meet Conditions’ to Restart
NewsMar 22, 2026

Taiwan Leader Says Two Nuclear Power Plants ‘Meet Conditions’ to Restart

Taiwan President Lai Ching‑te announced that the island’s second and third nuclear power plants meet the conditions for reactivation, signaling a potential policy reversal on the nuclear‑free agenda. The plants were shut down in 2023 and 2025 as part of...

By Hong Kong Free Press – News (Finance/Business coverage)
Hongkongers Are Suffering as Oil Prices Spike. There’s a Better Way to Help Them.
NewsMar 21, 2026

Hongkongers Are Suffering as Oil Prices Spike. There’s a Better Way to Help Them.

Oil prices have surged amid the Iran war, sharply raising fuel costs for Hong Kong’s truckers, cab drivers and commuters. Lawmakers have urged the government to introduce temporary fuel subsidies to ease the burden. The opinion piece argues that subsidies...

By Hong Kong Free Press – News (Finance/Business coverage)
Hong Kong Gov’t Urged to Stabilise Oil Prices as some Residents Turn to Illicit Fuel Amid Middle East War
NewsMar 13, 2026

Hong Kong Gov’t Urged to Stabilise Oil Prices as some Residents Turn to Illicit Fuel Amid Middle East War

Hong Kong lawmakers are pressing the government to curb soaring fuel prices that have risen sharply since the Middle East conflict began in late February. Esso’s standard petrol is up 6.4% to HK$23.43 per litre, while Sinopec’s price has jumped...

By Hong Kong Free Press – News (Finance/Business coverage)
Hong Kong Court Rules Subversion Trial of Tiananmen Vigil Activists Will Go On
NewsMar 13, 2026

Hong Kong Court Rules Subversion Trial of Tiananmen Vigil Activists Will Go On

Hong Kong's national security court ruled that a prima facie case exists against veteran Tiananmen vigil activists Lee Cheuk-yan and Chow Hang-tung for inciting subversion. The three designated security judges dismissed the defence’s bid for early acquittal but also rejected...

By Hong Kong Free Press – News (Finance/Business coverage)
Hong Kong Authorities Arrest 8 over Alleged Insider Trading Involving Brokerages, Hedge Fund
NewsMar 12, 2026

Hong Kong Authorities Arrest 8 over Alleged Insider Trading Involving Brokerages, Hedge Fund

Hong Kong’s Independent Commission Against Corruption and Securities and Futures Commission arrested eight individuals, including senior executives of two brokerages and a hedge‑fund manager, in a joint “Fuse” operation targeting insider dealing. Authorities allege the executives accepted over HK$4 million in...

By Hong Kong Free Press – News (Finance/Business coverage)
Cathay Pacific Says Surcharge to Rise as Fuel Prices Jump During Mideast War
NewsMar 11, 2026

Cathay Pacific Says Surcharge to Rise as Fuel Prices Jump During Mideast War

Cathay Pacific announced it will raise fuel surcharges as jet fuel prices doubled in March following the Middle East conflict. The airline still expects to grow passenger capacity by about 10% in 2026, backed by an 11.9% revenue increase and...

By Hong Kong Free Press – News (Finance/Business coverage)
Booming Markets Propel Hong Kong Exchange’s Profits to Record High
NewsFeb 26, 2026

Booming Markets Propel Hong Kong Exchange’s Profits to Record High

Hong Kong Exchanges and Clearing reported a second‑year profit record in 2025, with attributable earnings up 36% to US$2.3 billion and total revenue hitting US$3.7 billion. The exchange reclaimed its position as the world’s leading IPO venue, hosting 119 listings that raised...

By Hong Kong Free Press – News (Finance/Business coverage)