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Hong Kong police have arrested a 65-year-old man in connection with a suspected indecent assault case in Mong Kok hours after footage appeared online showing a passenger harassing a schoolgirl sitting in front of him on a bus. Police said officers intercepted the suspect at the boundary checkpoint of the Hong Kong-Zhuhai-Macau Bridge. The victim, 17, is understood to be a Form Three student. The incident took place at around noon on Friday as the KMB bus was stopping near an intersection of Mong [...]

A Hong Kong private tutor found guilty of orchestrating a failed plot to murder his business partner eight years ago has secured a three-year reduction to his 27-year jail sentence, but lost an appeal against his conviction. In a written judgment on Friday, the Court of Appeal found that the sentence imposed on Stephen So Hon-to was too high, despite the egregious nature of the offence and the need to ensure a “continuing danger to society” would be removed from society for “a very considerable [...]

Hong Kong’s de facto central bank has formed a group of industry experts to help remove legal and regulatory hurdles to tokenized bonds, as authorities seek to move beyond pilot projects and encourage wider adoption from private issuers. The Hong Kong Monetary Authority (HKMA) said on Friday it had established a Tokenised Bond Expert Group comprising 21 institutions spanning banks, law firms, market infrastructure providers and digital asset companies to support the development of the city’s [...]

Hong Kong authorities will not cap the monthly number of subsidised trips that eligible elderly residents and people with disabilities can take under a revamped transport fare scheme, largely because implementation costs would exceed the savings. Secretary for Labour and Welfare Chris Sun Yuk-han revealed the decision on Friday, as data showed that an average of only about 450 people took more than 240 trips a month under the scheme between May last year and April this year, out of about 2.7 [...]

Hong Kong sweltered through its hottest day of the year so far on Friday as temperatures hit 34.6 degrees Celsius (94.3 Fahrenheit) in the afternoon, with the city’s weather forecaster warning of hail. The Hong Kong Observatory said that this marked the highest temperature recorded on Grain in Ear, the Chinese summer solar term, since records began. By 4.20pm, temperatures had reached 34.4 degrees in Yuen Long Park and 34.1 degrees in Tuen Mun and Wetland Park. The forecaster issued the “very [...]