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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.

Posted on 27/05/2024

Scottish distributor of controversial 2019 Hong Kong protest song says high cost of legal advice forced it to pull city-banned tune from catalogue

Glasgow-based EmuBands says ‘Glory to Hong Kong’ axed from music platforms due to cost of legal advice after Hong Kong court issues interim injunction banning tune.

Posted on 27/05/2024

AIA Group opens newly redeveloped Hong Kong headquarters

The opening was marked by a ceremony on 27 May, attended by AIA Group chairman Edmund Tse, AIA Group CEO and president Lee Yuan Siong, and Government of the Hong Kong Special Administrative Region ...

Posted on 27/05/2024

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

Hong Kong police have arrested 20 people in a crackdown on a triad-controlled criminal syndicate that lured domestic helpers with as little as HK$1,000 (US$128) each to set up bank accounts for ...

Posted on 27/05/2024

HSBC veteran banker Peter Wong urges Hong Kong’s youth to be wary of generative AI as technology can create uncertainty

How does China’s AI stack up against ChatGPT? Wong, 72, the non-executive Asia-Pacific chairman of Hong Kong’s largest bank, believes the city can cope with the challenges of a fast-changing world, ...

Posted on 27/05/2024

We live in Hong Kong and are returning to the US to retire. We don’t have a credit score and our Social Security is minimal.

After spending most of our lives in Hong Kong, we don't have a credit score in the US. We are calculating how much cash we need to retire in the US.

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