Hong Kong’s taxi driver alliance on Tuesday dug in its heels over ride-hailing services, claiming that police had promised to come down harder on Uber and warning that if enforcement was lax, cabbies would act to “defend” their rights. The ... ( read original story ...)
Hong Kong’s private sports clubs told to pay higher land costs reflecting market rates – but only from 2027
After years of cushy rental deals from the government, Hong Kong’s elite sports clubs operating 27 facilities will have to stump up one-third of the market value of each site to renew their leases – but this rule will only kick in nine years later in 2027. ( read original story ...)
Hong Kong’s Tycoons Are Passing Massive Wealth to Their Heirs
Li Ka-shing’s retirement marks end of era for empire builders New generation now faces pressure to run conglomerates wisely The retirement of Hong Kong billionaire Li Ka-shing marks another milestone in a vast wealth transfer now underway from a scrappy ... ( read original story ...)
Hong Kong construction worker, 39, arrested after alleged attempt to grab police officer’s gun
A Hong Kong construction worker was arrested on Saturday night after a failed attempt to snatch a police officer’s gun, just days after another man was arrested over a similar incident. The suspect, 39, allegedly beat his 12-year-old elder daughter with ... ( read original story ...)
Hong Kong’s richest woman sees her wealth halved
Chu's Hong Kong-listed Kingston Financial Group tumbled again by as much as 12 percent on Monday after index provider FTSE Russell removed the stock from its benchmarks, according to Bloomberg News. Monday's crash comes on the heels of a steeper slide ... ( read original story ...)
Hong Kong tycoon Li Ka-shing retires shy of 90th birthday
He's No. 23 on its global ranking. Hong Kong residents revere Li for his moneymaking prowess, which has earned him the nickname "Superman." His annual news conferences are broadcast live by local TV stations while he holds forth on varied topics as ... ( read original story ...)
Hong Kong’s richest, Li Ka-shing, retires at 89 after working ‘too long’
HONG KONG (Reuters) - Hong Kong's richest man, Li Ka-shing, announced his retirement as chairman of CK Hutchison Holdings Ltd (HKSE:0001.HK - News) on Friday, bringing to a close a rags-to-riches story that made him a hero in the freewheeling capitalist hub. ( read original story ...)
Hong Kong moves toward banning booing Chinese national anthem
HONG KONG (Reuters) - Hong Kong proposed new laws on Friday punishing mockery of the Chinese national anthem with up to three years in jail, mirroring new penalties in mainland China and raising fresh concerns over the city's promised freedoms. Booing the ... ( read original story ...)
A factory worker at 13, Hong Kong’s iconic billionaire Li Ka-shing retires
HONG KONG (Reuters) - Li Ka-shing’s rise from penniless immigrant in 1940 to billionaire tycoon is the consummate success story in Hong Kong, a city which progressed alongside him from trading outpost to one of the world’s biggest financial centers. ( read original story ...)
Hong Kong’s judges voice fears over China influence in judiciary
HONG KONG (Reuters) - As Hong Kong’s judges and senior lawyers paraded in ceremonial wigs and gowns on Jan 8 to mark the start of the legal year, anxieties over China’s growing reach into the city’s vaunted legal system swirled with the wintry winds. ( read original story ...)
Pipe dream? Hong Kong architect proposes low-cost tube homes
Hong Kong's notoriously expensive housing makes owning an affordable home a pipe dream for many residents. A local architect has proposed a novel idea to help alleviate that problem: building stylish micro-apartments inside giant concrete drainage pipes. ( read original story ...)
Hong Kong democracy movement loses ground in key byelection
Hong Kong pro-democracy candidates won back only two of four seats in a crucial byelection in the semiautonomous Chinese region, final results showed Monday. The opposition wasn't able to recapture all its territory, losing some to formidably resourced pro ... ( read original story ...)
Hong Kong pro-democracy movement loses ground in byelection
Hong Kong pro-democracy candidates won back only two of four seats in a crucial byelection in the semiautonomous Chinese region, final results showed Monday. The results mean the opposition wasn't able to recapture all its territory, losing some to ... ( read original story ...)
Hong Kong democrats struggle to recapture lost ground in by-elections
who is now effectively declaring himself an emperor,” 21-year-old student democracy activist Joshua Wong wrote on his Facebook page on Sunday after news of the low turnout broke. Hong Kong’s leader Carrie Lam voted at a school in the exclusive Peak ... ( read original story ...)