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Hong Kong attracts another 18 strategic firms, HK$10 billion in investment pledged

Nasdaq-listed fintech company Solana and healthcare giant Johnson & Johnson are among the latest batch of enterprises in artificial intelligence, healthtech and advanced manufacturing to establish or expand operations in Hong Kong, bringing in more than HK$10 billion (US$1.28 billion) in investment to the city. The 18 enterprises signed agreements on Thursday with the Office for Attracting Strategic Enterprises (OASES), a government unit under the Financial Secretary’s Office tasked with...

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Hong Kong orders urgent checks as critical flaws put websites at risk of hacking

Hong Kong authorities have “attached great importance” to two critical flaws in a widely used web programming language that could allow hackers to execute code remotely and take control of servers. The government’s Digital Policy Office said on Thursday that it had issued a security alert to all bureaus, departments and public organisations requesting an immediate and comprehensive review to determine whether their information systems were affected. “[They must] complete all patching work as...

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