'Ambush Lockdowns' Imposed On Two Tsuen Wan Blocks
"); jQuery("#212 h3").html("

"); });
2021-04-19 HKT 20:34
Authorities on Monday evening announced "ambush lockdowns" on Block 4 of Belvedere Garden Phase 2, as well as Fu Yung Building in Tsuen Wan.
In a statement, authorities say all residents of the two buildings are required to stay home and undergo coronavirus tests overnight.
Those with negative test results will be allowed to leave the buildings at around 7 or 7:30am on Tuesday morning.
Officials say the lockdowns were ordered after untraceable, preliminary positive cases were detected at the buildings.
"The government hopes this temporary inconvenience will completely cut the local transmission chains and ease residents' worries and fear, so that they will regain confidence in resuming social and business activities in the area, and return to a normal life," the statement read.
Hong Kong reported 12 confirmed infections on Monday, only one of which was locally acquired.
There were also fewer than 10 preliminary positive cases.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more