56 h. ago Hong Kong, Elior Group in land talks for Asia’s first aircraft parts centre

City authorities are in talks with a leading French aeronautical services company about the allocation of land to develop Hong Kong into Asia’s first aircraft parts processing and trading centre, with the firm set to start training classes in two months. Daniel Derichebourg, chairman and CEO of France-based Elior Group, said the company was still in talks with the government about solutions that would work best to help Hong Kong grow as a centre for aircraft parts dismantling, recycling and...

Politics

60 h. ago Hong Kong stocks surge on trade optimism, China economic growth

Hong Kong stocks rallied on Monday, rebounding from Friday’s steepest loss since April as US-China trade tensions showed signs of easing and China’s economic growth exceeded expectations. The Hang Seng Index jumped 2.4 per cent to 25,853.08 as of 11am. The Hang Seng Tech Index surged 3.1 per cent. On the mainland, the CSI 300 Index rose 1.2 per cent and the Shanghai Composite Index added 0.9 per cent. NetEase jumped 5.2 per cent to HK$235.40, insurance giant AIA Group added 4.3 per cent to HK$72...

Economics

2 w. ago Hong Kong the launch pad for China’s new financial ideas, UBS China chief says

In the first instalment of a six-part series about financiers who act as mainland China’s Capital Connectors with the world, UBS Securities’ chairwoman Janice Hu talks about the opportunities and challenges for Hong Kong in its evolution as an international financial hub. As Beijing recalibrates trade and investment away from the US, Hong Kong is being cast once again as the launch pad for China’s global ambitions. A surge in cross-border flows between the city and the mainland this year has...

Politics

3 w. ago Hong Kong comedy legend Michael Hui on life, death and letting go

Hong Kong comedy legend Michael Hui Koon-man, who plays a Taoist priest in the local blockbuster film The Last Dance set in the funeral business, has revealed his wishes for his own final day. In a rare sharing session on life and death issues with Chinese University of Hong Kong (CUHK) medical students at Prince of Wales Hospital in Sha Tin on Monday evening, the 83-year-old actor said the key to living a meaningful life was to be happy. “Life is so pretty that we have to treasure the views of...

Events

3 w. ago Hong Kong in talks with Guangzhou to ease maritime travel for private yachts

Hong Kong is seeking to establish a cross-border individual travel scheme for yachts, with discussions under way with Guangzhou counterparts to ease maritime travel for private vessels as part of a wider effort to create a high-end “yacht economy”. Transport and logistics chief Mable Chan told a legislative panel on Monday that the Marine Department was actively coordinating with mainland Chinese authorities on measures for both northbound and southbound yachts. “The Marine Department will...

Politics

3 w. ago Hong Kong airport in talks with 20 global airlines to launch flights to city

Hong Kong’s Airport Authority is in talks with more than 20 international airlines, including those from Europe and the United States, to launch new routes to the city as it ups its game to entice foreign carriers with incentives. Chapman Fong Shui-man, the authority’s director for hub development, said on Thursday that the statutory body had arranged to meet more than 20 global airlines during the Routes World aviation forum in Hong Kong in a bid to secure new routes to the city. “The Routes...

Transport