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Posted on 28/05/2024

Hong Kong Suspends Waste Charging Scheme, Putting Green Goals in Doubt

Hong Kong shelved a waste-charging plan that had been discussed for almost two decades, putting in doubt its target for reducing rubbish sent to landfills and undermining its environmental efforts.

Posted on 28/05/2024

Hong Kong stocks open flat ahead of inflation data

Hong Kong stocks opened slightly lower on Tuesday morning as traders stepped back after the previous day's rally, with focus on the release of key US inflation data due this week. The Hang Seng Index ...

Posted on 28/05/2024

Hong Kong football boss Andersen in resignation shock, but FA officials say they don’t know anything and chairman stays silent

Jorn Andersen’s future has been left shrouded in mystery, with 61-year-old refusing to comment on rumours he has resigned, and a press conference called for Wednesday.

Posted on 28/05/2024

S’pore biotech start-up Mirxes refiles for Hong Kong IPO, eyes growth in China

Founded in 2014 as a spin-off from Singapore’s Agency for Science, Technology and Research (A*Star), Mirxes focuses on microRNA-based cancer detection. Its flagship product, GastroClear, is the ...

Posted on 28/05/2024

Half of Hong Kong workers will consider quitting if employers ask them to spend more time in office: survey

City’s figures are 14 per cent higher than global average, with more older workers wanting work-from-home arrangements than their younger counterparts.

Posted on 28/05/2024

51,000 lifts in Hong Kong not fitted with voltage dip devices that cut risk of becoming trapped, officials reveal

Only 22,000 lifts in city are fitted with voltage dip mitigation devices allowing them to resume operations after self-inspection, government official say.

Posted on 28/05/2024

Hong Kong government’s measures against domestic worker job-hopping are ‘discriminatory’, union says

Agencies required to brief domestic workers on immigration regulations and arrangements for changing employers, according to new code of practice.

Posted on 28/05/2024

Why pharmaceutical giant AstraZeneca chose Hong Kong for new R&D hub focused on oncology, rare diseases, and gene and cell therapies

Company’s move coincides with government’s plan to make city a biomed centre, with policies including a ‘1+’ mechanism to speed up approval of new drugs for life-threatening or rare diseases.

Posted on 28/05/2024

Hong Kong taxi drivers’ operations against Uber a reflection of frustration over years of ‘illegal activity’, union leader says

Public appeal to stop ‘undercover operations’ against Uber drivers does not seem to have quelled anger among cabbies, union principal vice-chairman says.

Posted on 28/05/2024

Hong Kong Set to Trial Digital Currency for Mortgage Pricing

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Posted on 28/05/2024

Hong Kong police arrest 20 people, including 14 domestic helpers, in crackdown on triad-controlled syndicate for money laundering

Police say those arrested include six local men and 14 women, who are domestic helpers Syndicate lured domestic helpers with as little as HK$1,000 each to set up bank accounts to launder HK$10 million ...

Posted on 28/05/2024

Hong Kong stocks rally after China industrial profits data shows return to growth

Hong Kong stocks rallied after data showed China’s industrial profits resumed growth in April, marking a recovery following the biggest weekly loss since January last Friday. The Hang Seng Index ...

Posted on 27/05/2024

Shares of China Evergrande’s EV unit soar on potential investor support

Shares of China Evergrande Group’s electric-vehicle unit surged, fueled by optimism that some businesses may survive despite the property giant’s liquidation. China Evergrande New Energy Vehicle ...

Posted on 27/05/2024

Hong Kong’s stock exchange hustles for more IPOs as capital returns to the market

S'pore and Hong Kong have a part to play in the growth of the region’s wealth, the CEO of HKEX said. Read more at straitstimes.com.

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