Lenders have also raised the threshold for mainland applicants seeking savings accounts Hong Kong banks are ramping up scrutiny of mainland Chinese clients opening savings and investment accounts, as part [...]

The Securities and Futures Commission (SFC) today (22 May 2026) issued a circular setting out the expected controls for account opening and maintenance of client relationships. The circular follows the SFC’s review [...]

Thirteen people have been arrested over an alleged triad-controlled phone scam syndicate that is suspected to have defrauded victims in at least 20 cases of more than HK$1 million. Wu [...]

Two women in their sixties have been convicted of money laundering after transporting a total of 280 million dollars in cash into Hong Kong from the mainland. The case was [...]

Bank of China (Hong Kong) (02388.HK) has announced the full launch of its 'Mainland China Property Purchase Remittance' service. Building on the existing Greater Bay Area property purchase remittance service, [...]

Three men have been arrested on suspicion for conspiracy to rob after two people carrying HK$10 million were held up at knifepoint at Sheung Wan MTR Station in the morning [...]

Police are investigating a daylight robbery in Sheung Wan on Friday morning, in which two Japanese men were robbed of 58 million yen, or almost HK$3 million. Officers said they [...]

Some of the evidence seized by Hong Kong police in a recent robbery case involving a total of 1 billion yen ($6.4 million) was exhibited at a media briefing on [...]

Currency exchange shops, once a ubiquitous feature of Hong Kong’s retail landscape, are in a gradual, irreversible decline, with their closure precipitated by the pandemic, stricter licensing regulations and adoption [...]

Hong Kong customs has arrested four individuals, including two masterminds and two key members, for allegedly operating a large-scale money laundering syndicate that utilized shell companies and over 50 bank [...]

5th September 2025 – (Hong Kong) In Tseung Kwan O, a 19-year-old woman was arrested this afternoon (5th September) for allegedly attempting to exchange counterfeit money. The incident occurred around [...]

24th July 2025 – (Hong Kong) At 4.38pm today, a 23-year-old female staff member, Ms Ng, from Ling’s Limited, a money exchange shop on 608 Nathan Road, Mong Kok, reported [...]