Senior party members previously alleged they had been told to disband or face severe consequences, including possible arrest.

These problems first took root as China prepared to assume control of Hong Kong from Britain, in 1997. Concerned that the transition would scare off foreign investors, Chinese leaders tried to woo real-estate tycoons and other business elites by giving them key roles overseeing the city’s future governance.

Hong Kong's largest licensed crypto exchange launched trading Wednesday, signaling the city's ambition to become a digital asset hub despite Beijing's

UOB shares are down 4 per cent to date in 2025, while DBS OCBC are up about 27 per cent and 16 per cent respectively. Read more at straitstimes.com. Read more at straitstimes.com.

Several former colleagues of Hong Kong media mogul Jimmy Lai at the Apple Daily newspaper reacted with dismay at his national security conviction, fearing Lai and other former staffers may be given a heavy sentence but saying he remains an inspiration.

The firm, one of 11 licensed virtual asset trading platforms in Hong Kong, raised US$206 million in the city’s first crypto-native IPO.