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Posted on 11/05/2024

Hong Kong won’t see auroras caused by solar storm, but may experience navigation and power disruptions: Observatory

Observatory says those in higher latitudes generally more likely to experience phenomena, but people in northern China may see auroras depending on storm intensity, weather conditions.

Posted on 11/05/2024

Chinese Stocks See Premium Over Hong Kong Peers Fading Fast

The trading discount that Chinese companies listed in Hong Kong offer compared to their mainland peers has fallen sharply, driven by a potential tax waiver and hopes of a market revival on the island.

Posted on 11/05/2024

The lights are going out for Hong Kong’s iconic neon signs

Though underway for decades, critics say the disappearance of the signs has contributed to the erosion of the Chinese territory’s unique identity amid a crackdown on dissent.

Posted on 11/05/2024

Hong Kong worker, 61, seriously injured in factory fire; three others escape unscathed

Worker at Yuen Long plastics factory tried to extinguish fire but sustained burns to more than 50 per cent of his bodyMore than 160 firefighters and paramedics sent to deal with high-intensity blaze ...

Posted on 11/05/2024

Hong Kong police arrest man on suspicion of murdering father in early morning fight

Force alerted to altercation in early hours of Saturday morning in Yuen Long, where officers found 50-year-old man unconscious with head injuries.

Posted on 11/05/2024

Hong Kong trade body says ex-employee under investigation, two weeks after Germany arrests 3 over spying for Beijing

German authorities last month arrested suspect only named as Thomas R over spying for Beijing, with information trail suggesting man is Thomas ReichenbachReichenbach previously worked as marketing ...

Posted on 11/05/2024

70 ‘extraordinary’ Hong Kong buildings and urban spaces designed by local architects feature in new book Untold Stories

Seventy local buildings and urban spaces designed by Hong Kong architects are celebrated in Raymond Fung’s Untold Stories: Hong Kong Architecture, with a focus on public amenities.

Posted on 11/05/2024

Hong Kong-backed Saudi online trading app sees ‘massive success’ as it signs up 300,000 users in months

A Hong Kong-based financial services provider is looking to attract Saudi Arabia’s retail investors to its recently launched online trading app in the Middle East’s largest capital market with innovative offerings, as financial ties continue to deepen ...

Posted on 11/05/2024

Harvest CEO Eyes Bitcoin ETF Entry into Mainland China via Hong Kong’s ETF Connect

Harvests CEO feels that the Hong Kong-mainland China ETF bridge initiative can potentially expand crypto ETF access in mainland China. Harvest Explores Offering Bitcoin and Ether ETFs to Mainland Chinese Investors

Posted on 11/05/2024

Hong Kong’s tourism sector can look to mainland China for a boost but avoid overreliance, leading business group says

Betty Yuen of the city’s General Chamber of Commerce says the sector can explore new markets in Asean and the Middle East.

Posted on 11/05/2024

Former Hong Kong orchestras trumpeter gets 4½ years in jail for storing explosives, weapons

Judge says Man Hay, 33, was promising musician but ended his career by stockpiling over 10kg of explosive materials discovered at rented storage unit in 2022.

Posted on 11/05/2024

‘Dragon Slaying Brigade’ leader accused of lying about alleged teammate’s role in 2019 Hong Kong bomb plot

Defence lawyer Priscilla Lam argues prosecution witness Wong Chun-keung’s testimony fails to match up with details from Telegram chat records for ‘Dragon Slaying Brigade’.

Posted on 11/05/2024

China Market Update: Hong Kong Gains, Zeekr Files For US IPO, Week In Review

Asian equities were mixed but generally higher overnight as Hong Kong, Taiwan, and Japan outperformed while the Philippines and Malaysia closed lower.

Posted on 11/05/2024

China’s Ping An sells HSBC shares in US$50 million tantrum after reported protest vote against CEO Noel Quinn

Insurer has sold about 5.6 million HSBC shares, reducing its stake in the lender to 7.98 per cent from 8.01 per cent, according to an exchange filing Move comes days after reports that Ping An voted ...

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