Three heads of Hong Kong’s government – past, present and future – gave their full vote of confidence on Monday to the “one country, two systems” formula that guarantees the city’s freedoms, tracking its performance over the last two decades ... ( read original story ...)
Hong Kong becomes new member of AIIB
HONG KONG, June 13 (Xinhua) -- The government of China's Hong Kong Special Administrative Region (HKSAR) said Tuesday that Hong Kong has become a new member of the Asian Infrastructure Investment Bank (AIIB). The Finance Committee of the Legislative ... ( read original story ...)
Hong Kong Braces for First Storm This Year as Merbok Lashes
Long lines seen at metro stations, piers as people rushed home Hong Kong braced itself for its first typhoon this year, as Tropical Storm Merbok lashed the financial center with rain and wind. The Hong Kong Observatory hoisted Signal No. 8 at 5:20 p.m ... ( read original story ...)
Hong Kong and south China brace for Typhoon Merbok
China's national observatory issued a blue alert for Merbok earlier on Monday, the state Xinhua news agency reported, the least serious level on its four-tier, colour-coded weather-warning system. There will be no trading in Hong Kong's financial markets ... ( read original story ...)
Hong Kong Issues Signal No. 8 Storm Warning as Merbok Nears
Hong Kong issued its third-highest storm signal for the first time this year as Tropical Storm Merbok lashed the financial center with rain and wind. The Hong Kong Observatory hoisted Signal No. 8 at 5:20 p.m. local time. and said the warning would remain ... ( read original story ...)
Tax rises an option to plug Hong Kong’s wealth gap, says academic tipped to join government
Hong Kong should consider raising taxes to counter a growing wealth gap that is now at a historic high, a social policy academic who is tipped to be the next welfare minister said. Dr Law Chi-kwong, a member of the Poverty Commission, warned that the ... ( read original story ...)
New thinking needed to tame Hong Kong’s overexcited property market
Will Hong Kong’s property bubble burst soon? It’s a million-dollar question, the answer to which seems obvious unless you’ve been turning a deaf ear to the government’s increasingly frequent and intensified warnings. From analysts and the city’s ... ( read original story ...)
Hong Kong restaurant targeted in shark fin protest
Protesters gathered outside a popular Hong Kong restaurant demanding it take shark fin soup off its menu. The demonstrators, many of whom were children, dressed in shark costumes and dumped a bag of fake fins outside Maxim's Palace restaurant as customers ... ( read original story ...)
Age is just a number for Hong Kong’s harbour swimmers
Hong Kong's Victoria Harbour is one of the world's busiest ports, but every morning daring elderly swimmers dive in to its choppy waters against a teeming backdrop of ferries, cargo ships and fishing boats. The city's older generations fill public spaces ... ( read original story ...)
Hong Kong, Singapore rivalry hobbling Asia in $100 billion fintech race: lobby group
Governments across Asia - most notably Hong Kong and Singapore - have launched a raft of initiatives to grab a slice of the $100 billion invested in fintech globally but the regulatory hotch-potch is making it tough for firms to scale up, the Asia ... ( read original story ...)
Hong Kong residents pictured inside ‘coffin homes’ barely bigger than a single bed
Shocking photographs have been taken of the horrifying conditions 200,000 Hong Kong residents live in. The pictures show the city's residents who live in low income apartments that have been dubbed "coffin cubicles". Figures from the Society for Community ... ( read original story ...)
Hong Kong Market Report
Hong Kong's benchmark Hang Seng Index climbed to another 23-month closing high on Thursday, as China's solid May trade data somewhat offset investor caution ahead of a slew of key global events. China stocks extended gains on Thursday, with the blue-chip ... ( read original story ...)
Shocking pictures of Hong Kong ‘coffin homes’ show chopping boards feet away from toilets in cramped apartments as narrow as a single mattress
They've been condemned by the UN as 'an insult to human dignity', but so-called 'coffin homes' still house around 200,000 people in jam-packed Hong Kong. According to the Census and Statistics Department, those people are being housed in around 88,000 ... ( read original story ...)
Hong Kong’s ‘silver tsunami’ will require a holistic approach to health care, top US medicine scholar says
Integrated efforts both inside and outside government will be required to tackle health care challenges brought by Hong Kong’s ageing population, the head of a top American medical institution said. Professor Victor Dzau, president of the US National ... ( read original story ...)