3 d. ago No tolerance for sabotage of Hong Kong fire relief efforts, John Lee warns

Hong Kong’s leader has warned that authorities will not tolerate any attempts to sabotage relief efforts for residents affected by the city’s deadliest fire in decades, after national security police made arrests for alleged sedition related to the blaze. Chief Executive John Lee Ka-chiu on Tuesday also pledged to roll out systemic reforms and said those responsible for the tragedy would be held accountable after being asked why he should remain in his position following the fire. Last week’s...

Events

9 d. ago Hong Kong leader John Lee pays tribute to firefighter killed in Tai Po blaze

Hong Kong Chief Executive John Lee Ka-chiu and top officials expressed sorrow over the death of a firefighter killed while battling a blaze at a Tai Po estate, paying tribute to his “gallantry and selfless devotion to duty”. Ho Wai-ho, 37, died while tackling the blaze at one of the blocks of Wang Fuk Court in Tai Po. The fire broke out on Wednesday and spread rapidly to other towers in the estate. Director of Fire Services Andy Yeung Yan-kin said Ho, from Sha Tin Fire Station, arrived at the...

Events

1 week ago New Hong Kong bypass to open on December 21, cut commute to Kai Tak to 5 minutes

Hong Kong’s leader has announced that the Yau Ma Tei section of the 4.7km Central Kowloon Bypass will open on December 21, cutting commute time between West Kowloon and Kai Tak from 30 minutes to just five. The 3.9km tunnel section is part of a larger route that connects Kowloon East in Tseung Kwan O with Kowloon West in Yau Ma Tei, significantly reducing travelling time from 65 minutes to 12 during peak hours. “On December 21, the Yau Ma Tei section of our new Central Kowloon Bypass will open....

Politics

1 week ago New Hong Kong bypass to open on December 21, cut Kai Tak commute to 5 minutes

Hong Kong’s leader has announced that the Yau Ma Tei section of the 4.7km Central Kowloon Bypass will open on December 21, cutting commute time between West Kowloon and Kai Tak from 30 minutes to just five. The 3.9km tunnel section is part of a larger route that connects Kowloon East in Tseung Kwan O with Kowloon West in Yau Ma Tei, significantly reducing travelling time from 65 minutes to 12 during peak hours. “On December 21, the Yau Ma Tei section of our new Central Kowloon Bypass will open....

Politics

1 week ago Hong Kong Leader Backs China's Policy on Japan in First Remarks on Dispute

Hong Kong Leader Backs China's Policy on Japan in First Remarks on Dispute  U.S. News & World Report

Politics

1 week ago Hong Kong to ‘radiate’ mainland China’s strengths to aid belt and road nations

Hong Kong’s chief executive has pledged to harness the city’s unique advantages to bring mainland China’s strengths, technology and compassion to the belt and road nations while fostering people-to-people ties at the launch of a charity’s headquarters founded by a former city leader. “Hong Kong has been leveraging its ‘hard power’ in professional services and ‘soft power’ in social cohesion to foster people-to-people bonds in belt and road countries,” Chief Executive John Lee Ka-chiu said at the...

Politics

2 w. ago China ‘cements global AI leadership’ as Hong Kong builds niche as innovation hub

China has cemented its position as a global leader in artificial intelligence, while Hong Kong is carving out a niche as a specialised innovation hub, underpinned by the country’s strong governance and regulatory competitiveness, according to a global index. Technology breakthroughs such as the low-cost, highly efficient AI models introduced by start-up DeepSeek, combined with national support, propelled China to the forefront of the global AI race, alongside the US, the European Union and...

Politics

2 w. ago Hong Kong set for further economic growth after robust quarter, city leader says

Hong Kong’s economy is expected to continue growing after a strong performance in the previous quarter, supported by the global economic environment, a vibrant financial market and an interest rate cut, the city’s leader has said. Chief Executive John Lee Ka-chiu said on Tuesday that a persistent rise in exports and sustained expansion in domestic demand had contributed to the city’s “robust” economic performance in the third quarter, despite turbulence in the global economy, which recorded a...

Politics

3 w. ago Innovation is key to curbing ‘involution’ in China: Two Sigma co

Increased innovation could alleviate “involution” in China – the cutthroat, low-quality price competition in sectors ranging from electric vehicles (EVs) to food delivery that Beijing has been combating, according to David Siegel, co-founder and co-chairman of hedge fund Two Sigma. “I think that the areas where you are getting excessive competition are, in a sense, things that are somewhat more commoditised,” Siegel said last week on the sidelines of the third Family Business Summit in Hong...

Politics

3 w. ago Ignore China’s innovation boom ‘at your own peril’, General Atlantic CEO warns

Investors in the West are underestimating the scale of innovation, entrepreneurship and economic momentum happening in China, leading to missed opportunities, according to William Ford, chairman and CEO of US private equity firm General Atlantic. “Investors avoid investing in China at their own peril,” Ford said in an exclusive interview with the Post on the sidelines of the 2025 Family Business Summit in Hong Kong last week. “They’ll miss some tremendous investment opportunities.” Ford noted...

Events

4 w. ago Billionaire investor Marc Lasry sees ‘huge opportunity’ for innovation in tennis

Billionaire investor Marc Lasry believes professional tennis is “ripe for disruption”, and revealed he had discussed ideas for innovation with the sport’s officials. Speaking on the sidelines of the South China Morning Post’s Family Business Summit 2025 on Friday, Lasry said he thought leading figures in the game were open to change. “I have talked to the folks there, and we are trying to do a couple of things,” he told the Post at the Rosewood Hong Kong hotel in Tsim Sha Tsui, before taking...

Economics

4 w. ago ‘Hong Kong is where visions grow,’ John Lee tells family office investors

Hong Kong is not only a place for family offices to invest, but also a partner in their enduring journey where they anchor their legacy, the city’s leader said at a Post event, as he pledged to roll out more incentives to attract more operators. Speaking at the South China Morning Post’s Family Business Summit 2025 on Friday, Chief Executive John Lee Ka-chiu said that his administration had a “clear ambition” to attract at least 220 more family offices to the city over the next three years,...

Society

4 w. ago Hong Kong leader John Lee to speak at family business summit

Chief Executive John Lee Ka-chiu is scheduled to speak in a fireside chat on Friday during the third Family Business Summit in Hong Kong, as the city burnishes its role as the offshore fundraising hub and ‘superconnector’ between the Chinese mainland and the rest of the world. The speech is the highlight of the conference, curated by the South China Morning Post and Blue Pool Capital, with UBS as the presenting partner. The attendees – by invitation only – comprise about 150 private business...

Politics