Dubbed a “paradise” for shopaholics, Hong Kong is known to offer an abundance of goods from high-end fashion brands and busy local markets alike. Tourists are often seen unzipping empty suitcases outside shops to pile in their purchases, taking ... ( read original story ...)
Meet the Hong Kong start-up hoping to make bitcoin mining environmentally friendly
Mining for virtual currencies like bitcoin may not be as messy as its real-world equivalent, but the supply of electricity needed to cool the massive computing power that produces the currency means it has also developed a reputation for harming the ... ( read original story ...)
Hong Kong signs joint checkpoint deal for high-speed rail project, allowing mainland Chinese officials to work on city soil
Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor signed a controversial deal on Saturday that will allow mainland Chinese officials to enforce national laws in the heart of the city, but questions remained over the arrangement’s legality. Under the ... ( read original story ...)
Hong Kong signs joint checkpoint deal for high-speed rail project, allowing mainland China officials to work on city soil
Authorities from Hong Kong and Guangdong province signed a deal on Saturday setting up a joint checkpoint at a cross-border train station in Kowloon, overriding concerns about setting a precedent of mainland officials enforcing the law in the heart of the ... ( read original story ...)
China’s Huishan Dairy tells lawyers to ready for liquidation
(Reporting by Adam Jourdan in SHANGHAI and Matthew Miller in BEIJIJNG; Additional reporting by Twinnie Siu and Umesh Desai in HONG KONG and Shu Zhang in BEIJING; editing by Jennifer Hughes and Jason Neely) 07/31 HANG SENG BANK: H1 Profit Up 23% 07/31 DJ ... ( read original story ...)
High Hong Kong rents and long public housing queues push more to homelessness
Hong Kong’s exceptionally high rents and long queues for public housing have pushed more and more people, even those with jobs, to sleep rough on the streets or at fast food restaurants operating round the clock, according to social workers and community ... ( read original story ...)
Landmark Hong Kong-mainland rail checkpoint deal on track to be finalised
Hong Kong and the mainland will seal a politically contentious deal on Saturday to set up a joint checkpoint for the high-speed rail link to Guangzhou, dismissing critics’ warnings that it undermines the city’s autonomy. Chief Executive Carrie Lam ... ( read original story ...)
Hong Kong continuing education subsidies not enough, study finds, as number of claims down 73 per cent
Applications to claim Hong Kong government subsidies for continuing education have plummeted 73 per cent since 2006, suggesting an incentive scheme has been ineffectual, according to a Legislative Council study released on Friday. The study by the Legco ... ( read original story ...)
Hong Kong pro-independence pair found guilty of making explosives
Two alleged members of a pro-independence party in Hong Kong were found guilty on Friday of making explosives shortly before the city’s legislature was to vote on a controversial electoral reform bill. They were also convicted of further charges of ... ( read original story ...)
Hong Kong leader Carrie Lam says Beijing committed to city’s semi-autonomy
Hong Kong’s leader played down concerns over Beijing’s perceived tighter control of the city on Thursday, and said the central government was committed to upholding the “one country, two systems” principle that guarantees the city’s high degree ... ( read original story ...)
A home above a container terminal? Hong Kong public consultation to start on land supply options
Would you live in a flat in Hong Kong with panoramic sea views, but have your home built on an 80-metre high podium above one of the world’s busiest container terminals? Hong Kong residents will be asked in a public consultation next March if they would ... ( read original story ...)
Beijing could take action if Hong Kong fails to enact national security law, mainland adviser warns
A Beijing adviser on Hong Kong affairs warned on Friday that the central government could “take action” to safeguard national security if Hong Kong failed to enact the relevant local legislation. Lau Siu-kai, vice-chairman of the Chinese Association of ... ( read original story ...)
Modest rise projected for Hong Kong salaries in 2018, amid stronger-than-expected GDP growth
A stable economy in 2017 coupled with small improvements to the business landscape in Hong Kong has translated to optimism when it comes to salary increases in the market. The workforce will see a modest growth of 4.1% in their salaries in 2018 ... ( read original story ...)
Adidas to shift IT operations from Hong Kong to Shanghai
German sportswear giant Adidas is planning to relocate its information technology operations from Hong Kong to Shanghai as part of a strategy to bolster its business on the mainland. A senior executive with the company, familiar with the plan, said Stefan ... ( read original story ...)