Mongolian coal producer SouthGobi Resources Ltd.’s CEO was detained in China as a suspect in a fraudulent loan case, the latest Hong Kong-listed company linked to allegations of misconduct. SouthGobi shares fell as much as 13.6 percent, the most in four ... ( read original story ...)
Hong Kong: 20% of residents live in poverty
A record number of Hong Kong residents live in poverty, with one fifth of the population falling below the poverty line despite economic growth, according to new government figures. The number of people living below the poverty line rose to 1.35 million in ... ( read original story ...)
Hong Kong feels coldest weather this autumn after temperatures drop seven degrees in 24 hours
The long-awaited winter weather finally arrived in Hong Kong on Sunday as temperatures plunged about seven degrees from Saturday. It is expected to get even colder throughout the week, with temperatures dropping to new autumn lows since the season began in ... ( read original story ...)
‘Innovation’ needed to capitalise on Greater Bay Area, Hong Kong official says
“Innovation” and “breakthroughs” are needed to enable the flow of people, logistics, capital and information brought about by the development of the Greater Bay Area, a top Hong Kong official said following the latest round of talks between the ... ( read original story ...)
Three unanswered questions over the signing of Hong Kong’s controversial joint rail checkpoint deal
With the stroke of a pen from Hong Kong chief executive Carrie Lam Cheng Yuet-ngor and Guangdong provincial governor Ma Xingrui on Saturday, a 26km strip of Hong Kong land is set to be leased out to mainland China. There, mainland law applies, including ... ( read original story ...)
Hong Kong’s bitcoin businesses suffer after local bank accounts frozen
Hong Kong’s bitcoin entrepreneurs say they have been forced to open bank accounts overseas to operate their businesses, after local banks froze or closed their accounts, threatening the city’s push to become a fintech hub. Staff at Hong Kong-based ... ( read original story ...)
Hong Kong Disneyland fireworks staff see jobs go up in smoke
Hong Kong Disneyland will lay off “fewer than 10” of its fireworks staff after it said it would temporarily suspend the nightly pyrotechnics shows amid the park’s expansion plans. A Hong Kong Disneyland spokeswoman said they made the decision to fire ... ( read original story ...)
Hong Kong high school dropout, 70, on course for master’s degree in fine arts
After a few months working on the mainland, Ho came back to Hong Kong and worked as a construction worker ... “I didn’t know he was 70 until I read about him in the news,” says Ma, who taught Ho painting in the final year of his four-year programme. ( read original story ...)
Kidambi Srikanth to skip Hong Kong Open
"I had skipped the China Open to take rest. I will play in Hong Kong. The team is leaving today," he said. Get latest news & live updates on the go on your pc with News App. Download The Times of India news app for your device. ( read original story ...)
Explainer: how did Hong Kong become a retail hub and how have our consumer habits changed?
Dubbed a “paradise” for shopaholics, Hong Kong is known to offer an abundance of goods from high-end fashion brands and busy local markets alike. Tourists are often seen unzipping empty suitcases outside shops to pile in their purchases, taking ... ( read original story ...)
Hong Kong signs joint checkpoint deal for high-speed rail project, allowing mainland Chinese officials to work on city soil
Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor signed a controversial deal on Saturday that will allow mainland Chinese officials to enforce national laws in the heart of the city, but questions remained over the arrangement’s legality. Under the ... ( read original story ...)
Hong Kong signs joint checkpoint deal for high-speed rail project, allowing mainland China officials to work on city soil
Authorities from Hong Kong and Guangdong province signed a deal on Saturday setting up a joint checkpoint at a cross-border train station in Kowloon, overriding concerns about setting a precedent of mainland officials enforcing the law in the heart of the ... ( read original story ...)
High Hong Kong rents and long public housing queues push more to homelessness
Hong Kong’s exceptionally high rents and long queues for public housing have pushed more and more people, even those with jobs, to sleep rough on the streets or at fast food restaurants operating round the clock, according to social workers and community ... ( read original story ...)
Landmark Hong Kong-mainland rail checkpoint deal on track to be finalised
Hong Kong and the mainland will seal a politically contentious deal on Saturday to set up a joint checkpoint for the high-speed rail link to Guangzhou, dismissing critics’ warnings that it undermines the city’s autonomy. Chief Executive Carrie Lam ... ( read original story ...)