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Posted on 21/10/2023

Peter Wong Confident on HK’s Ability to Recover from Financial Malaise

Peter Wong, chairman of the Hongkong and Shanghai Banking Corporation, said he remains highly confident on Hong Kong's ability to recover from its current predicament, stating ... Peter Wong, chairman ...

Posted on 21/10/2023

Hong Kong authorities trying to capture 1.5-metre long wild boar after it runs into flower store, bites shopkeeper

Hong Kong authorities were trying to capture a wild boar after it ran into a flower store and bit a shopkeeper on Saturday morning. Police received a report at 9.21am that a 1.5-metre (3.3 foot) long ...

Posted on 21/10/2023

Hong Kong’s Haughey sets new mark in 50m freestyle, McKeown becomes first woman to hold every backstroke world record

Siobhan Haughey lowers personal best time while claiming silver in sprint race won by Sarah Sjostrom at World Cup stop in Budapest. Australia’s Kaylee McKeown becomes first woman to hold every ...

Posted on 21/10/2023

Hong Kong policy address 2023: will rolling back stamp duties lift Hong Kong’s housing market out of the doldrums?

Developers and market observers urge the government to rescind the decade-old debilitating stamp duties to lift property prices and boost transactions Hong Kong's property prices have fallen by nearly ...

Posted on 21/10/2023

Does Hong Kong need expats back? Absolutely – foreign talent enhances our competitiveness, and diversity makes our city better

The government's efforts to attract back expatriates under various talent schemes after so many left the city have not been very effective We need to understand the fundamental reasons behind the slow ...

Posted on 21/10/2023

When a watch shop robber asked a Hong Kong judge for the death penalty instead of making him do time

A man convicted of robbing a Hong Kong watch shop in 1962 asked the judge to sentence him to be hanged, saying he was a police informer and would be killed if he went to prison. He got 10½ years in ...

Posted on 21/10/2023

‘The Movie Emperor’ Review: Andy Lau Plays Vain Version of Himself in Hong Kong Megastar Meta-Satire

Or maybe just the admiration of his peers, considering how few stars are willing to poke fun at their own image, much less entertain the question of what might happen if their fans were to turn on ...

Posted on 21/10/2023

Hong Kong’s ‘immigrant DNA’ allows city to thrive as ‘super-connector’, seminar celebrating SCMP’s 120th anniversary hears

Hong Kong’s edge as Asia’s ‘super-connector’ with the world, combined with its resilience and adaptability, place the city in position to thrive in an uncertain world, said guests and panellists at a ...

Posted on 21/10/2023

Forget About Tech. Shiyue Daotian Cooks Up Hot IPO With Premium Rice

Shiyue Daotian has sizzled in the week since its trading debut, as investors bet on its position as one of China’s top premium rice sellers The company’s pre-IPO backers include such big names as ...

Posted on 21/10/2023

Hong Kong Stocks End The Week In A Rout As China’s Central Bank Pumps $100 Billion Into Banking System Ahead Of Long Weekend

Shares in Hong Kong ended the week lower after a rout of selling among tech names and as property continues to skewer markets. Investors also focused on bank earnings next week which they expect to be ...

Posted on 21/10/2023

Hong Kong police arrest 63 people in crackdown on triad-run businesses offering illegal gambling, drugs

Police arrest 51 suspects in raid on illegal mahjong parlour based out of 1,500 sq ft flat fitted with soundproofing materials.

Posted on 20/10/2023

Hong Kong Monetary Authority admits short-changing buyers of shredded banknote paperweights found to be light on cash content

Authority said paperweights, sold about six years ago, also contained pebbles, which reduced the amount of space for shredded cash Labels said the novelties contained about HK$138,000 in cash, but ...

Posted on 20/10/2023

Alibaba, Tencent and other major Chinese backers invest US$342 million in start-up Zhipu AI as this tech sector sees increased funding

Zhipu AI's other investors included Ant Group, Meituan, Xiaomi and HongShan, the Chinese venture capital firm spun off from the former Sequioa Capital The start-up's valuation already reached US$1 ...

Posted on 20/10/2023

Hong Kong’s Financial-Sector Feast Turns to Famine

Weak underlying results from the Hong Kong exchange’s owner are the latest sign of profound damage to the Asian financial center from recent changes in the city and on the mainland.

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