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Posted on 12/09/2023

Hong Kong claw machine store owner ‘devastated’ by uninsured loss of HK$550,000 from flood damage in hard-hit Chai Wan

A Hong Kong businessman has lost an estimated HK$550,000 (US$70,000) after his claw machine store was wrecked by what the government called a “once in 500 years” rainstorm. Choi Kai-yip said on Monday ...

Posted on 12/09/2023

Hong Kong rainstorm aftermath: downpours flood 8 areas but roads reopen later as residents return to work, school after record deluge last week

Drainage Services Department sent 15 teams to deal with flooding in Tseung Kwan O and Sai Kung, acting director says.

Posted on 12/09/2023

Hong Kong leader John Lee vows to enhance rainstorm alerts and prioritise improving drainage systems in flood-affected areas

Hong Kong’s leader has vowed to enhance rainstorm alerts by giving residents more details so that they can be better prepared ahead of extreme weather events, adding authorities will also prioritise ...

Posted on 12/09/2023

Hong Kong Disneyland’s ‘World of Frozen’ is opening this November

World of Frozen at Hong Kong Disneyland is scheduled to open in November, becoming the first Frozen-themed land in the world.

Posted on 12/09/2023

HSBC raises rates on new Hong Kong mortgages to 4.125%: report

The raise will come into effect on 18 September. HSBC is set to raise mortgage rates for borrowers in Hong Kong and China. The lender is raising the cap on home loans linked to the Hong Kong interbank ...

Posted on 12/09/2023

Farming flies, freeze-drying ‘ugly’ fruit and jewellery from scraps: how Hong Kong start-ups are reducing carbon emissions from food waste sent to landfills

Combination of interest in insects and the goal of building a sustainable food-waste solution is driving co-founder of Hong Kong-based Ergotek Start-up Not Only Powder that freeze-dries 'ugly' fruit ...

Posted on 12/09/2023

China Firms Will Drive Hong Kong Office Market Rebound, Gaw Says

An influx of Chinese firms seeking to list in Hong Kong will drive a recovery in the city’s office space market over the next two to four years, according to the head of Gaw Capital Partners.

Posted on 12/09/2023

Hong Kong claw machine store owner ‘devasted’ by uninsured loss of HK$550,000 from flood damage in hard-hit Chai Wan

Choi Kai-yip said on Monday he was devastated at the extent of the damage to his Chai Wan operation, on the ground floor of the Link Reit shopping centre in the public housing Wan Tsui Estate. "The ...

Posted on 12/09/2023

Hong Kong stocks slip further in early trading

Hong Kong stocks retreated at the open of business Tuesday, dragged by a drop in tech firms, as traders struggled to keep up with a rally on Wall ...

Posted on 12/09/2023

Hong Kong’s wooing of family offices yields ‘robust’ interest from Southeast Asia, Middle East: top Citi banker

Hong Kong is doing many of the right things to showcase that it is back after the pandemic,' says Ida Liu, global head of Citi Private Bank US-based Citigroup's private bank serves over 1,600 family ...

Posted on 12/09/2023

Mainland Chinese woman who abandoned son, 12, at Hong Kong hospital spared jail by magistrate

Magistrate suspends four-month jail term for woman who abandoned son because of effect it would have on her two children ...

Posted on 12/09/2023

Return-to-office is a $1.3 trillion problem few have figured out

Three and a half years after office-goers were sent home, companies, employees and governments are still figuring out how to adapt to lasting changes to corporate life.

Posted on 12/09/2023

JetBlue steps up a campaign to save its plan to buy Spirit Airlines for $3.8b

JetBlue Airways said Monday it has reached agreement to turn over Spirit Airlines’ operations at airports in Boston and Newark, N.J., as JetBlue ramps up its effort to win regulatory or court approval ...

Posted on 12/09/2023

Return-to-office a $1.3 trillion problem few have figured out

Companies, employees and governments are still figuring out how to adapt to lasting changes to corporate life.

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