33 m. 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

91 m. 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

2 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

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

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

4 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

5 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

7 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

8 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

10 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

11 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

11 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

11 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

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 Severe Tropical Storm Wutip: Hong Kong’s T1 alert to remain in force for Friday

The Hong Kong Observatory has said the No 1 typhoon warning signal will remain in force on Friday as it considers whether to raise the signal on Saturday. The forecaster said on Friday afternoon that Severe Tropical Storm Wutip, which brought squally showers to the coast of Guangdong, will turn northeastwards gradually. “The standby signal No 1 will remain in force [on Friday],” the forecaster said. Wutip, which is the Cantonese word for “butterfly”, will move across Beibu Wan on Friday,...

Events

14 h. ago Hong Kong’s gig economy workers want industry regulated. Can city deliver?

Hong Kong food delivery rider John Lam* cannot afford to make a single mistake while working. The 40-year-old takes extreme care while delivering orders on his motorcycle, knowing that if he has a work-related accident he will receive few employment benefits and minimal compensation. “I understand that being highly responsive to my phone can lead to more orders. But for safety reasons, I only handle my phone when my vehicle has completely stopped,” said Lam, who delivers food for the city’s two...

Economics

16 h. ago Hong Kong Bets the Future on a Vast Tech Zone by China’s Border

Hong Kong Bets the Future on a Vast Tech Zone by China’s Border  Bloomberg.com

Politics

23 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

23 h. ago Breaking | Beijing national security authorities carry out operation with police in Hong Kong

Breaking | Beijing national security authorities carry out operation with police in Hong Kong  South China Morning Post

Events