When the new iPhone 16 went on sale last month, locals couldn’t help but notice some less familiar faces flocking to Hong Kong’s Apple stores: Russians holding piles of cash.

The Russian government has cut funding for the hi-tech industry fivefold due to budget problems. Source: The Moscow Times, an ...

Hong Kong has become a center for money laundering and sanctions evasion under the tightening grip of Beijing, US lawmakers have warned, calling for a re-evaluation of America’s close business ...

Ukraine's Foreign Minister Dmytro Kuleba visited Hong Kong on Thursday and called on its leader John Lee to prevent Russia from using Hong Kong as a way to circumvent Western sanctions imposed on ...

Hong Kong (CNN) — When the new iPhone 16 went on sale, locals couldn’t help but notice some less familiar faces flocking to Hong Kong’s Apple stores: Russians holding piles of cash.

Russian companies have faced difficulties accessing Hong Kong's banking services following Western sanctions, but the country's top envoy to the city has brushed off the impact on bilateral trade.

When the new iPhone 16 went on sale last month, locals couldn’t help but notice some less familiar faces flocking to Hong Kong’s Apple stores: Russians holding piles of cash.

By Chris Lau, CNN Hong Kong (CNN) — When the new iPhone 16 went on sale, locals couldn’t help but notice some less familiar faces flocking to Hong Kong’s Apple stores: Russians holding piles ...

When the new iPhone 16 went on sale last month, locals couldn’t help but notice some less familiar faces flocking to Hong Kong’s Apple stores: Russians holding piles of cash.