Police Investigating Bomb Threat Against Vitasoy
"); jQuery("#212 h3").html("

"); });
2021-07-05 HKT 18:49
Police were called on Monday to investigate a bomb threat made against drinks company Vitasoy, sources said.
The force said it received a report from an employee at around 11am regarding claims made online that a bomb had been planted at a company on Ho Tin Street, Tuen Mun.
Officers found nothing after conducting a search of the scene.
The case was being treated as criminal intimidation and no arrests had been made to date.
Vitasoy is mired in controversy following the online circulation of a memo which offered the company's condolences to the family of an employee who died after stabbing a policeman on July 1.
Following calls on the mainland for a boycott of the firm, Vitasoy said a member of staff had written the memo and circulated it without authorisation.
The company said it reserves the right to take legal action against the worker, describing the memo as "extremely inappropriate".
On Monday, shares of Vitasoy were down about 15 percent during trading, their biggest single-day drop since its listing in 1994, before rebounding and closing 11.7 percent lower at HK$25.95.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more
