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Chinese tourists used to flock to Hong Kong before the pandemic, bringing empty suitcases to fill with everything from baby milk powder, to cosmetics and nonprescription drugs. Large tour groups would descend on the city, sparking complaints from some locals. When Hong Kong reopened its borders earlier this year, many people were expecting an influx…

A16z-backed Co:Create is building a toolkit for NFT projects that allows them to launch their own token.

Hong Kong families with money trapped in closed law firm’s frozen bank accounts turn to government for low-interest loans Wong, Fung & Co, which specialises in second-hand property transactions, was shut down by the city’s Law Society over alleged breaches of fiduciary duty But thousands of clients have been left on the hook, as money for pending deals was held in the firm’s accounts

Hong Kong Law Society unable to offer ‘realistic timeline’ for return of clients’ funds following major firm’s closure The society says the process will take time, given the sheer volume and disorganised state of the closed firm’s files Affected clients, meanwhile, have accused the society of ‘indifference’ to their plight, and renewed calls for government intervention