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Hong Kong’s northern areas were drenched on Wednesday night as the Observatory issued an amber rainstorm warning and multiple reports of flooding were received across the area. The warning, issued at 9pm, signalled heavy rain exceeding 30mm (1.2 inches) in an hour that was likely to continue and cautioned of flooding in low-lying and poorly drained areas. At 9.45pm, a flooding alert was issued for the northern New Territories. Ta Kwu Ling was among the hardest‑hit areas, the Observatory said, [...]

Hong Kong accounted for the largest share of losses uncovered in a cross-border scam crackdown spanning 10 jurisdictions, making up more than 40 per cent of the US$752 million total. The single-largest loss involved a Singaporean firm whose funds were transferred to multiple bank accounts in the city and Hong Kong. Hong Kong police said on Wednesday that it worked with law enforcement agencies in Brunei, Canada, Indonesia, Macau, Malaysia, the Maldives, Singapore, South Korea and Thailand [...]

Gold can serve as a “potential bridge” between conventional and new forms of finance, Hong Kong’s treasury minister has said, highlighting the need for the city to provide more opportunities for the digital asset market to grow. Secretary for Financial Services and the Treasury Christopher Hui Ching-yu also said on Wednesday that Hong Kong had opted against forming a separate regulatory authority for digital assets due to the “convergence” between conventional and innovative finance. During a [...]

Hong Kong tycoon Li Ka-shing’s charity will expand support for liver cancer patients by subsidising surgery fees for 200 patients over the next three years, enabling access to cutting-edge treatment at a cost of HK$50,000 (US$6,380). Announcing the initiative on Wednesday, the Li Ka Shing Foundation said eligible patients would be selected by three partnering private hospitals to undergo histotripsy surgery, which typically costs about HK$260,000 for Hong Kong identity card holders. Histotripsy [...]

A Hong Kong court has denied bail to internet personality “Mr Ho” after he pleaded guilty to stabbing his 45-year-old wife. The District Court on Wednesday heard that Ho Huen, 79, pleaded guilty to attacking his 45-year-old wife Ye Xiuding, known as “Mrs Ho”, with a folding knife as she was leaving their home for mainland China. They were charged with unlawfully and maliciously wounding each other during a fight in the lobby of a public housing estate on May 30 last year. Judge Stanley Chan [...]