61 m. ago Hong Kong plans new AI supercomputing centre to boost tech hub status

The Hong Kong government is set to enhance its computing power support for start-ups as part of its ambition to become a leading technology hub, according to the city’s innovation chief, as local start-ups seek global clients at one of Europe’s largest technology shows. Hong Kong planned to establish a new supercomputing centre at Sandy Ridge in the Northern Metropolis – part of a government blueprint that aims to transform a large swathe of land in the New Territories into an economic hub,...

Politics

2 h. ago How US$11 can get you a day trip for 2 plus lunch in pricey Hong Kong

In Hong Kong, one of the world’s most expensive cities, 79 yuan (US$11) will get you a set lunch for one. But, to the surprise of many, it will buy a day tour for two people, with lunch and a visit to several attractions thrown in. With such budget tours becoming increasingly popular among mainland Chinese visitors, especially those from the nearby cities of Shenzhen, Zhuhai and Guangzhou, the Post joined one on a weekday to see how they operated. At 8.30am, a coach packed with about 60...

Economics

2 h. ago Severe Tropical Storm Wutip: Hong Kong to issue T3 signal between 12pm and 2pm

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. Hong Kong’s weather forecaster will issue the No 3 typhoon warning signal between 12pm and 2pm on Saturday, as strong winds from a severe tropical storm are expected to intensify later. Severe Tropical Storm Wutip, the Cantonese word for “butterfly”, has entered within 800km (497 miles) of...

Events

2 h. ago Severe Tropical Storm Wutip: Hong Kong to issue T3 signal at 12.20pm

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. Hong Kong’s weather forecaster will issue the No 3 typhoon warning signal at 12.20pm on Saturday, as strong winds from a severe tropical storm are expected to intensify later. Severe Tropical Storm Wutip, the Cantonese word for “butterfly”, has entered within 800km (497 miles) of Hong Kong,...

Events

11 h. ago 2 owners of luxury homes in Hong Kong fined HK$110,000 over illegal structures

Two owners of luxury homes at Redhill Peninsula have been fined more than HK$110,000 (US$14,015) in total after admitting to carrying out unauthorised building works, the first convictions among 30 prosecutions taken against the landlords of the estate on Hong Kong Island where rampant illegal structures were found. A spokesman for the Buildings Department said on Friday evening the two owners pleaded guilty at Eastern Court to carrying out unauthorised building works on Thursday. They were...

Events

13 h. ago Henderson Land signs Jane Street as anchor in Central Hong Kong project

Henderson Land Development, one of Hong Kong’s largest developers, has leased a 223,437 sq ft space in its prized mixed-use project in Central to Jane Street Asia in one of the largest leasing transactions in the city’s main business district in decades. The rent for the space, across six floors in New Central Harbourfront, will be HK$137 (US$17.45) per square foot per month, or HK$30.6 million per month, excluding fees. The transaction, which makes the quant trading firm the anchor tenant of...

Politics

13 h. ago Jane Street to pay US$3.9m a month to rent Hong Kong office space

Henderson Land Development, one of Hong Kong’s largest developers, has leased a 223,437 sq ft space in its prized mixed-use project in Central to Jane Street Asia in one of the largest leasing transactions in the city’s main business district in decades. The rent for the space, across six floors in New Central Harbourfront, will be HK$137 (US$17.45) per square foot per month, or HK$30.6 million per month, excluding fees. The transaction, which makes the quant trading firm the anchor tenant of...

Society

14 h. ago Hong Kong Urban Renewal Authority eyes Middle East, Europe investors for bonds

Hong Kong’s cash-strapped Urban Renewal Authority (URA) will issue another round of bonds this year and has reached out to investors in the Middle East and Europe, the body’s outgoing chief has revealed. Authority managing director Wai Chi-sing also said that two sites the government gave to the URA this month had strengthened its bargaining power in talks with investors, and that he believed there would be more similar land grants in the future. Wai, who leaves the statutory body on Saturday...

Economics

15 h. ago China’s Security Office Flexes New Power With Hong Kong Probe

China’s Security Office Flexes New Power With Hong Kong Probe  Bloomberg

Events

15 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

15 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

17 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

17 h. ago Indebted owner’s luxury property on The Peak on sale at 30% discount

Distressed sales in Hong Kong’s luxury property market persist, with a mansion on The Peak now listed at two-thirds the purchase price six years ago. The three-storey detached house in Twelve Peaks at 12 Mount Kellett Road, developed by Sun Hung Kai Properties, has been put up for sale for HK$330 million (US$42 million) by the creditor, according to Colliers, which has been appointed as the sole agent for the asset. Yip Yuen Sai bought the property for HK$450 million in 2019, according to the...

Economics

18 h. ago In Hong Kong and globally, AI is not a job and wage killer, PwC says

Jobs requiring artificial intelligence (AI) skills are on the rise in Hong Kong as more businesses find practical use for the technology, but rather than replacing human ingenuity, AI is being combined with it to deliver productivity gains, according to PwC. The proportion of job postings in Hong Kong seeking AI skills rose to 1.9 per cent in 2024 from 1.6 per cent in 2021, according to the consultancy’s “Global AI Jobs Barometer” report published on Friday. In the information and communications...

Events

20 h. ago ‘I am numb’: Blackpink fans left devastated as Hong Kong concerts sell out fast

Tickets for K-pop sensation Blackpink’s concerts in Hong Kong sold out in a little more than an hour and a half of going on general sale, leaving many fans disappointed. A Post reporter visited the ticket booking platform Cityline when sales opened on Friday at 11am. However, by noon, the wait time on the loading page, of more than an hour, had not shortened, while only limited tickets remained. By around 12.40pm all tickets for the two scheduled shows at Kai Tak Stadium on January 24 and 25...

Politics

21 h. ago Veteran lawyer Moses Cheng picked to steer Hong Kong’s maritime hub push

Top government adviser and veteran lawyer Moses Cheng Mo-chi has been appointed to steer a high-level body established to develop Hong Kong’s status as an international maritime hub. Cheng’s appointment as the board chairman of the Hong Kong Maritime and Port Development Board (HKMPDB) was announced on Friday. The 74-year-old is a senior consultant at a law firm and a member of the Executive Council, the city’s top decision-making body. Discussing the selection, Secretary for Transport and...

Politics

23 h. ago Hong Kong police launch first known joint operation with Beijing’s national security office

Hong Kong police launch first known joint operation with Beijing’s national security office  Hong Kong Free Press HKFP

Events

24 h. ago Beijing, Hong Kong national security authorities launch first publicly known joint operation

Beijing, Hong Kong national security authorities launch first publicly known joint operation  CNA

Events

24 h. ago Hong Kong Group That Lobbied for Chinese Labor Rights Shuts Down

Hong Kong Group That Lobbied for Chinese Labor Rights Shuts Down  The New York Times

Politics

24 h. ago China Labor Bulletin, a Rights Group in Hong Kong, Shuts Down

China Labor Bulletin, a Rights Group in Hong Kong, Shuts Down  The New York Times

Politics