2 h. ago 8 arrested for road races in Hong Kong, including 1 who allegedly used police car

Hong Kong police have arrested a 29-year-old man who used a vehicle believed to be a retired squad car in illegal road races, alongside seven other men caught in the same operation. Chief Inspector So Chi-bing of the regional crime unit in Kowloon East said officers had arrested eight men on Thursday after the force investigated media reports and online footage depicting several cars chasing after one another and switching lanes at high speed last month. “In the footage, the force noticed that...

Events

2 h. ago 8 arrested after video of retired police car road racing in Hong Kong goes viral

Hong Kong police have arrested eight men on suspicion of taking part in illegal road racing, including a 29-year-old man who allegedly drove what appears to be one of the force’s retired vehicles. Chief Inspector So Chi-bing of the regional crime unit in Kowloon East said officers arrested the eight men on Thursday after the force investigated media reports and online footage depicting several cars chasing each other and switching lanes at high speed last month. “In the footage, the force...

Events

2 h. ago China Glass Holdings’ Subsidiary Enters Land Resumption Agreement in Beijing

China Glass Holdings’ Subsidiary Enters Land Resumption Agreement in Beijing  TipRanks

Politics

4 h. ago Hong Kong urged to turn Hung Hom waterfront into city’s answer to Cannes, Monaco

Hong Kong authorities have been urged to model the proposed Hung Hom waterfront project after Cannes and Monaco to help drive the city’s mega-event economy, as some town planning advisers have questioned plans for more commercial facilities amid a high vacancy rate. Members of the Town Planning Board raised their concerns at the statutory body’s meeting on Friday as the Development Bureau briefed advisers about its plan to turn 24 hectares (59 acres) in Hung Hom into a landmark waterfront...

Politics

7 h. ago Shanghai, Beijing crack down on AI misuse as part of nationwide campaign

Shanghai, Beijing crack down on AI misuse as part of nationwide campaign  MLex

Politics

8 h. ago As Chinese exporters explore home market, how are letters of credit helping?

After the United States imposed so-called reciprocal tariffs on imports from China in April, Beijing took steps to help Chinese exporters sell their products domestically. In addition to the staging of product promotion events across the country and the offering of fiscal and financial incentives, Beijing also encouraged the increased use of letters of credit (L/Cs) to help such businesses switch focus to the domestic market. What is a domestic letter of credit? A letter of credit, also known as...

Politics

8 h. ago Cheerleaders to critics: German machinery makers call for EU action on China

Germany’s iconic machine makers used to be among the loudest cheerleaders for ever-closer economic ties between China and Europe. Now, as exports dwindle and facing “increasingly strong [Chinese] competitors” beefed up by “unfair state subsidies”, the industry is demanding that Brussels put in place trade barriers to protect it. A new position paper published on Thursday by the Mechanical Engineering Industry Association (VDMA), representing medium-sized manufacturers that help constitute...

Politics

13 h. ago Severe Tropical Storm Wutip: Hong Kong’s T1 to remain in force for most of Friday

The Hong Kong Observatory has said the No 1 typhoon warning signal will remain in force for most of Friday, as the storm edges slightly away from the city. The forecaster said in a special weather warning at 8am on Friday that Severe Tropical Storm Wutip intensified on Thursday night but had taken a slightly westward path away from Hong Kong. “The standby signal No 1 will remain in force for most of the time [on Friday],” it said. “The Observatory will assess [between Friday night and Saturday...

Events

13 h. ago Chinese man dons placard declaring he owns 2 buildings to attract partner

A man in southern China who went to a boat racing event and tried to attract a girlfriend by displaying a placard saying that he owned two buildings has trended on mainland social media. The online post has prompted more than 1,000 people to get in touch with the man. As people gathered to watch an event in Guangzhou, Guangdong province on May 31 to celebrate the Dragon Boat Festival, the man with the message around his neck drew much attention, Jimu News reported. “Unmarried. Haizhu. Two...

Politics

15 h. ago Crypto, China, critical minerals: inside Pakistan army chief’s US visit

Pakistan’s army chief, General Asim Munir, was set to arrive in Washington on Thursday, three weeks after his country’s flare-up with neighbouring, nuclear-armed rival India. Munir will stay in the US until June 18 and is expected to attend the US Army’s 250th anniversary celebrations on June 14 in the nation’s capital – a day that coincides with US President Donald Trump’s birthday, according to three people familiar with the matter. The Pakistani general is likely during his visit to travel to...

Politics

17 h. ago Trump seems to reverse course on Chinese students in US, saying he supports them

US President Donald Trump reiterated his support for Chinese students in America on Thursday and pledged to help them remain in the country after graduation, distancing himself from initiatives that his administration has announced to limit or block international students because of national security concerns. “I’ve always been strongly in favour of it. I think it’s a great thing,” Trump said on Thursday, referring to Chinese nationals seeking to study in the US. “It’s also good for our schools....

Politics

24 h. ago Beijing national security authorities carry out operation with police in Hong Kong

Beijing’s national security authorities in Hong Kong launched a joint operation with local counterparts on Thursday over a case of suspected collusion with foreign forces. The investigation is the first publicly known joint operation by Beijing’s national security arm in the city and the local police force. According to authorities, six people and an organisation were suspected of having committed the offence of “collusion with a foreign country or with external elements to endanger national...

Events

24 h. ago China’s AI race heats up as SenseTime, ByteDance unveil model updates

China’s artificial intelligence (AI) market sees heightened competition, as various model providers – from SenseTime to ByteDance – step up efforts to enhance their services. Hong Kong-listed SenseTime has upgraded its Cantonese-speaking chatbot, Sensechat, with a comprehensive set of new features that include real-time audio and video-interaction capabilities, according to the company’s announcement on Thursday. Other enhancements include visual reasoning capabilities, which allow Sensechat to...

Culture

25 h. ago Nvidia CEO says Huawei has everyone ‘covered’ if US chip ban on China stays

Nvidia founder and CEO Jensen Huang said his company’s technology remained a generation ahead of those developed by China, but warned that Huawei Technologies was in a position to expand its semiconductor business should US chip export curbs stay in place. In an interview with US broadcaster CNBC on Thursday, Huang appeared to echo recent published remarks made by Huawei founder and CEO Ren Zhengfei, who said the Chinese company’s Ascend artificial intelligence (AI) processors lagged behind...

Politics

25 h. ago Former Anwar aide acquitted of drug and firearms charges, claims persecution

A former aide who accused Malaysian Prime Minister Anwar Ibrahim of sexual misconduct has claimed he is a victim of political persecution, after a court in Kuala Lumpur on Thursday acquitted him of drug and firearms charges. Muhammed Yusoff Rawther, who made headlines in 2019 with allegations against the then-opposition leader, was charged last year with possession of over 300g of cannabis and two imitation firearms. The items were found in his car outside a police station in September...

Events

25 h. ago Hongkongers may have to pay higher tolls at Aberdeen Tunnel, Shing Mun Tunnels

Hongkongers may have to pay more to use the Aberdeen Tunnel and the Shing Mun Tunnels under a government proposal to raise tolls from HK$5 (64 US cents) to HK$8 to help recoup some of their hefty annual losses, the Post has learned. The tunnels’ current flat fee of HK$5 for all vehicles has remained unchanged for 34 years. A source said on Thursday that authorities were planning to raise the toll to HK$8. The Shing Mun Tunnels recorded a deficit of HK$52 million in the 2023-24 financial year,...

Politics

26 h. ago WeChat Pay records fourfold rise in mainland tourist taxi payments in Hong Kong

WeChat Pay Hong Kong has recorded a fourfold increase in mainland Chinese tourist payments for taxi services in the city from last year and growing usage among locals and visitors alike, according to parent company Tencent. Vice-President of Tencent Financial Technology Daniel Hong Danyi said on Thursday that the number of transactions from mainland tourists paying for taxi fares through WeChat Pay had seen a fourfold increase year on year. “We saw that previously, many mainland tourists coming...

Economics

26 h. ago Xpeng and Chinese EV peers aim to win over Hongkongers amid global push

Chinese electric vehicle (EV) maker Xpeng aims to start offering Hong Kong consumers smart cars featuring semi-autonomous driving systems next year as it gears up to take on Tesla’s FSD (Full Self-Driving) feature outside mainland China. He Xiaopeng, co-founder and CEO of the Guangzhou-based carmaker, said in Hong Kong on Thursday that testing of its Xpeng Navigation Guided Pilot (X NGP) driver-assistance system in the city would take only two months before sales could begin. However, he added...

Politics

26 h. ago Customs works with University of Hong Kong to develop crypto transaction tracer

Customs officials are working with the University of Hong Kong to develop a tool that can trace cryptocurrency transactions, with the authority stressing it had recorded seven suspected money laundering cases involving virtual assets and more than HK$9 billion (US$1.1 billion) in recent years. Mario Wong Ho-yin, assistant commissioner for intelligence and investigation at the Customs and Excise Department, said on Thursday it would ramp up collaborations with academics, finance and virtual asset...

Politics

26 h. ago China’s PLA Daily slams US Golden Dome plan, warns of space arms race

China’s military newspaper has condemned America’s planned “Golden Dome” space-based missile defence system, warning that it may threaten global strategic stability and trigger an arms race in space. “The development of the Golden Dome system and the US Space Force’s rapid expansion have further militarised outer space,” a commentary in the PLA Daily warned on Thursday, adding that such moves could potentially intensify great power rivalry and challenge international arms control norms. The...

Events