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Posted on 08/01/2024

Hong Kong and Malaysian police arrest 5, seize HK$8.3 million in drugs smuggled into city using plaster sculptures

Officers from the narcotics bureau mounted the joint operation after uncovering a scheme involving ‘drug parcels disguised as plaster sculptures’ being smuggled into the city from Malaysia, police ...

Posted on 08/01/2024

IPOs: Hong Kong’s GEM reforms likely to end second board’s 3-year drought, but will not be game-changers, analysts say

New rules effective January 1 remove a quarterly reporting requirement and streamline transfers to the bourse’s main board, but analysts say the bar is still too high for many small companies ...

Posted on 08/01/2024

‘My life is a string of serendipities’: Hong Kong photo art gallery founder Sarah Greene on her journey

Sarah Greene, the Belgian founder of Hong Kong’s Blue Lotus Gallery, reveals how she went from being an in-demand shipbroker to opening one of Asia’s art hotspots showing photographers like Fan Ho.

Posted on 08/01/2024

Hybrid to full-time office: Hong Kong workers seek 6% hike. Here’s why

A survey in Hong Kong shows that employees are seeking a 6% salary increase or change jobs to preserve flexible work options ...

Posted on 08/01/2024

HK Finance Chief Punts Target on Restoring Surplus to Decade End

Hong Kong Financial Secretary Paul Chan backpedaled on projections the city would return to a surplus in the next fiscal year, as the Asian hub grapples with a ballooning deficit during a broad ...

Posted on 08/01/2024

Hong Kong leads losses in Asia markets, China shadow bank Zhongzhi files for bankruptcy

The mainland Chinese CSI 300 was down 0.89% after shadow banking conglomerate Zhongzhi Enterprise Group filed for bankruptcy liquidation late Friday.

Posted on 08/01/2024

Changes to how Hong Kong journalists access vehicle registry inconsistent with city’s constitution, lawmaker says

Hong Kong’s new arrangement for journalists wishing to access the government’s vehicle registry is inconsistent with the city’s constitutional guarantees of press freedom, a lawmaker has said.

Posted on 08/01/2024

Australian police bust reptile smuggling plot, saving native lizards, snakes from Hong Kong’s live animal trade

An Australian-based criminal syndicate plotted to smuggle hundreds of native reptiles into Hong Kong as part of a murky trade in live animals, police alleged Monday. Detectives began investigating the ...

Posted on 08/01/2024

Hong Kong tennis chief chasing WTA 125 tournament to add third elite event to city’s sporting calendar

Michael Cheng believes city could host indoor and outdoor events once Kai Tak Sports Park is finished, and targets addition of WTA 125 tournament.

Posted on 08/01/2024

Hong Kong’s innovation scene in 2024: Where are we headed?

VC funds around the globe, and Hong Kong was no exception. Hong Kong has been in an even trickier position than other cities, given its highly outward-facing economy and connectivity with China, ...

Posted on 08/01/2024

Hong Kong kindergarten applications fall by a third versus last year; falling birth rate and emigration wave key factors

Hong Kong kindergarten applications have fallen by a third for K1 classes that begin in September this year. This drop has been attributed to the fall in the birth rate and the emigration wave, as per ...

Posted on 08/01/2024

Hong Kong stocks slip, Tech index hits lowest since November 2022, as traders brace for weak China reports

Local stocks are offering no juice for bullish investors, with the Hang Seng Index adding to its worst start to a year since 2005. China’s economy slowed further last month, official reports this week ...

Posted on 08/01/2024

The Pokémon Run Hong Kong 2024 is set for March 17

Be the very best at the upcoming Pokemon Run Hong Kong 2024 this March. The exciting event comes with mini-games, a treasure hunt, and more.

Posted on 08/01/2024

Hong Kong workers demand 6% raise to return to office fully

Hong Kong workers say they would need a 6% raise to give up hybrid work arrangements, a dilemma that’s expected to prompt more companies to reduce space and dampen office rents, according to a survey.

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