2 h. ago 1 person killed, 3 hurt in Xinjiang traffic accident involving Hong Kong tour group

One person has died and three others have been injured in a traffic accident involving a Hong Kong tour group in Xinjiang. The Travel Industry Authority said on Friday that it was notified by Travel Circle International on Wednesday that the tour group was involved in a traffic accident that day in the autonomous mainland Chinese region. The group, which included 20 tourists, departed on August 27 on an 18-day visit to Xinjiang. Four tourists from two families were injured, including one who...

Events

3 h. ago Analysts mixed on outlook for Sun Hung Kai Properties’ shares

Analysts said they had mixed views about Sun Hung Kai Properties’ (SHKP) shares after Hong Kong’s largest property developer by market capitalisation reported a slight increase in its full-year earnings. On Friday, Morningstar cut its price target for SHKP to HK$105 from HK$115, but said the company was trading at a good discount. UOB Kay Hian and Morgan Stanley said the earnings were largely in line with expectations. The US investment bank had an overweight recommendation and expected earnings...

Politics

4 h. ago Locals will gain from Hong Kong becoming global university hub: education chief

Local students are “beneficiaries and participants” in the process of turning Hong Kong into an international higher education hub, a government minister has said, amid concerns that they will become “victims” whose interests are being undermined. Secretary for Education Christine Choi Yuk-lin also told lawmakers on Friday that authorities would closely monitor the need to make further adjustments to non-local student quotas. At a meeting of the Legislative Council’s education panel, lawmaker...

Politics

4 h. ago Hong Kong airport offers free tours for transit fliers to enjoy city’s sights

Hong Kong International Airport has rolled out a free tour service aimed at attracting 5.5 million transit passengers each year to explore the city’s attractions in Wong Tai Sin, Sham Shui Po and Tsim Sha Tsui. The Airport Authority’s CEO Vivian Cheung Kar-fay said on Friday that the new initiative, jointly organised with China’s largest online travel agency Trip.com, was designed for passengers with layovers of more than seven hours to explore Hong Kong’s culture and attractions. “We are...

Society

4 h. ago Hong Kong airport offers free tours for transit passengers to enjoy local sights

Hong Kong airport has rolled out a free tour service aimed at attracting 5.5 million transit passengers each year to explore the city’s attractions in Wong Tai Sin, Sham Shui Po and Tsim Sha Tsui. Airport Authority CEO Vivian Cheung Kar-fay said on Friday that the new initiative, jointly organised with online travel agency Trip.com, was designed for passengers with layovers of more than seven hours to explore Hong Kong’s culture and attractions. “We are thrilled to introduce the free layover...

Society

5 h. ago Belt and Road Summit marks a decade of deals as Hong Kong eyes new chapter of collaboration

[The content of this article has been produced by our advertising partner.] Co-organised by the HKSAR Government and the Hong Kong Trade Development Council (HKTDC), the 10th Belt and Road Summit will return to the Hong Kong Convention and Exhibition Centre on September 10-11.  Bringing together over 90 speakers from 18 Belt and Road economies, this year’s two-day programme continues a ten-year run of policy dialogue, business exchange and investment matchmaking under the theme “Collaborate for...

Politics

6 h. ago Hong Kong should crack down on illegal medical practices, DAB party urges

Hong Kong authorities should step up efforts against illegal medical practices, the city’s largest political party has urged, after the organisation received about 100 complaints related to non-professionals allegedly offering pain relief services. Lawmaker Chan Wing-kwong of the Democratic Alliance for the Betterment and Progress of Hong Kong (DAB) said on Friday that some of the services cost tens of thousands of Hong Kong dollars – more expensive than the treatments provided by registered...

Events

6 h. ago Hong Kong must be louder on trade to fight off threat of Trump protectionism

Few economies depend as heavily as Hong Kong on a free and open multilateral trading system. Few have as much to lose if the current US administration succeeds in disembowelling the World Trade Organization and miring international trade in tariffs and other forms of protectionism. Yet as the global trading system faces a protectionist assault, Hong Kong’s voice is nowhere to be heard. Our economy has a vested interest in pushing back against the chaotic trade protectionism that US President...

Politics

7 h. ago Hong Kong activist wins appeal against riot conviction after trial judge’s error

A former Hong Kong political activist has won an appeal against his riot conviction due to the trial judge’s error in allowing prosecutors to substantially alter their allegations midway through proceedings. The Court of Appeal on Friday ordered the dismissal of Alvin Cheng Kam-mun’s conviction over his alleged role in the violence at Polytechnic University at the height of the 2019 anti-government protests. Cheng, who now runs a logistics company, was an assistant to former opposition lawmaker...

Events

7 h. ago 512 arrests and 14 tonnes of drugs seized from Hong Kong’s cross

Authorities of Hong Kong, Macau and Guangdong province have called for increased joint operations to combat narcotics following their efforts over the past 18 months, which have resulted in the arrest of 512 people and the seizure of 14.4 tonnes (31,746lbs) of drugs. Officials from mainland China’s central and local anti-drug authorities warned on Friday that the fight against narcotics had become more severe and complicated, with new technologies and types of drugs emerging. Hong Kong hosted...

Events

7 h. ago Hong Kong IPO pipeline swells as Chinese tech listings lure global investors

More than 200 companies are awaiting approval for initial public offerings (IPOs) in Hong Kong, with about half coming from the technology sector, according to Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Chan Yiting. “Recently, many international long-term investors have actively participated in the IPO subscriptions of technology and innovation companies, reflecting strong global interest in China’s tech sector,” she said at HKEX’s Future Tech Summit on Friday. In the first eight months...

Economics

8 h. ago Hong Kong father suspected of murdering his 2 children has depression: court

A Hong Kong father who allegedly killed his two young children before a failed suicide attempt last month is suffering from depression, a court has heard. Salesman Chen Guocheng, 40, appeared in Kowloon City Court for the first time on Friday to face two counts of murder, as prosecutors asked for a 12-week adjournment for police to conduct further inquiries. A psychiatric report issued by Queen Elizabeth Hospital found Chen to be suicidal but fit to attend hearings, the court heard. Deputy...

Events

8 h. ago Hong Kong father suspected of murdering his children has depression, court hears

A Hong Kong father who allegedly killed his two young children before a failed suicide attempt last month is suffering from depression, a court has heard. Salesman Chen Guocheng, 40, appeared in Kowloon City Court for the first time on Friday to face two counts of murder, as prosecutors asked for a 12-week adjournment to allow police to conduct further inquiries. A psychiatric report issued by Queen Elizabeth Hospital found Chen to be suicidal but fit to attend hearings, the court heard. Deputy...

Events

9 h. ago Hong Kong Observatory could issue T1 warning on Friday night

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. The Hong Kong Observatory has said it may issue the typhoon standby signal No 1 on Friday night at the earliest, as the forecaster warned of unstable weather from Sunday onwards. An area of low pressure near Luzon, which is currently about 800km (497 miles) away from Hong Kong, is expected to...

Events

12 h. ago Hong Kong consumer watchdog receives 9 complaints after balloon festival fiasco

Hong Kong’s hot-air balloon festival has been forced to deflate all its balloons on display due to the scorching weather, a day after failing to secure a licence for a tethered ride and suspending the attraction, which led to at least nine complaints to the city’s consumer watchdog. The Consumer Council said it had received nine complaints totalling HK$16,933 (US$2,171) regarding the AIA International Hot Air Balloon Fest Hong Kong as of noon on Friday, with one case involving HK$4,956. The...

Politics

12 h. ago Refund calls mount over Hong Kong festival’s suspension of hot

The organiser of a hot-air balloon festival in Hong Kong is facing mounting calls for refunds from affected participants and the consumer watchdog after failing to secure a licence for tethered rides and suspending the activity on Thursday. Staff from the AIA International Hot Air Balloon Fest Hong Kong were also forced to deflate all its balloons on display at the Central Harbourfront on Friday morning, with a broadcast announcement citing hot weather as the reason. The balloons were...

Politics

13 h. ago Hong Kong’s top talent scheme succeeds if people are really staying

Since its launch late in 2022, the Top Talent Pass Scheme has become a central component of Hong Kong’s global competitiveness strategy. By July this year, the scheme had attracted close to 140,000 applications. Of these, around 110,000 were approved, resulting in more than 90,000 new arrivals to the city. This influx of skilled residents is a sign that Hong Kong remains a strong magnet for talent. However, as former chief executive Leung Chun-ying and other commentators have warned, the real...

Politics

13 h. ago Success of Hong Kong’s top talent scheme must go deeper than numbers

Since its launch late in 2022, the Top Talent Pass Scheme has become a central component of Hong Kong’s global competitiveness strategy. By July this year, the scheme had attracted close to 140,000 applications. Of these, around 110,000 were approved, resulting in more than 90,000 new arrivals to the city. This influx of skilled residents is a sign that Hong Kong remains a strong magnet for talent. However, as former chief executive Leung Chun-ying and other commentators have warned, the real...

Politics

15 h. ago Citi’s Asia private bank ramps up hiring as capital inflows drive regional rally

Citigroup’s Asia private bank has hired 10 per cent more advisers this year as strong capital inflows have sparked rallies in Hong Kong and other markets in the region, its Hong Kong head said. In an interview on Wednesday, Horace Yip Chi-ho said a growing number of wealthy clients wanted to take advantage of the rallies and were interested in alternative investments like hedge funds and private equity. “We needed to hire more people as we have seen a growing business this year in Asia,...

Economics

17 h. ago China’s stablecoin bind: why US dollar tokens matter – and how Beijing may respond

Once a niche corner of the cryptocurrency world, stablecoins have surged into the global spotlight this year, prompting analysts and industry insiders to declare that the digital asset’s time has come. In July, US President Donald Trump signed the GENIUS Act into law, establishing the first federal regulatory regime for stablecoins – a move many believe could pave the way for mass-market adoption. Shortly after, Hong Kong introduced its own ordinance, which took effect on August 1, requiring...

Politics