9 h. ago Hong Kong plans to update prison rules to better guard national security

Hong Kong’s security and prison agencies plan to update the current prison rules to tighten visiting criteria for specific lawyers, doctors and chaplains to ensure they safeguard national security, prevent crime and maintain order and discipline of those behind bars. In a paper submitted to the Legislative Council on Thursday, the Security Bureau and the Correctional Services Department laid out five “key purposes” that would form the grounds for prison staff to impose additional restrictions,...

Events

34 h. ago Hong Kong’s South Lantau ecotourism plan may harm environment: green groups

Hong Kong’s ecotourism plans for South Lantau could be reduced to a property project that threatens the environment if authorities fail to set clear guidelines, green groups and academics have warned, as a deadline for developers to express their interest approaches on Wednesday. Greenpeace, along with the Hong Kong Bird Watching Society and eight other groups and academics, also said on Wednesday that the government’s approach, which includes allowing developers to propose ecotourism projects...

Politics

34 h. ago Hong Kong’s South Lantau ecotourism plans could harm environment: green groups

Hong Kong’s South Lantau ecotourism plans could be reduced to property projects that threaten the environment if authorities fail to set clear guidelines, green groups and academics have warned ahead of Wednesday’s deadline for developers to express their interest. Greenpeace, the Hong Kong Bird Watching Society, seven other groups and an academic also said on Wednesday that the government’s approach, which includes allowing developers to propose ecotourism projects with residential...

Politics

37 h. ago Chinese firms eye Hong Kong listings after mainland investors’ buying spree

A slew of mainland-listed Chinese technology companies are speeding up fundraising plans in Hong Kong to capitalise on the upbeat market sentiment. Hong Kong’s equity market has been buoyed by mainland investors’ record buying of HK$731.2 billion (US$93.1 billion) of stocks in the first half of the year, according to Hong Kong Exchanges and Clearing (HKEX) data and Bloomberg on Monday. The buying spree, driven by attractive valuations and a re-rating of China’s technology sector, has led to a...

Economics

3 d. ago Beijing Shougang LanzaTech Plans Hong Kong IPO For Carbon Tech

Beijing Shougang LanzaTech Plans Hong Kong IPO For Carbon Tech  Finimize

Events

7 d. ago China AI chip firm Biren raises new funds, plans Hong Kong IPO, say sources

China AI chip firm Biren raises new funds, plans Hong Kong IPO, say sources  Reuters

Economics

8 d. ago ‘No, thank you’: is Indonesia set to follow Hong Kong with its own tiny homes?

The Indonesian government has faced backlash over its plan to further downsize already tiny proposed subsidised housing, with critics worrying that the cramped conditions may jeopardise physical and mental well-being. Indonesia’s housing authorities are proposing a reduction in the minimum plot size for subsidised homes from 60 square metres (645 sq ft) to 25 square metres (270 sq ft), and shrinking the built area from 21 square metres (226 sq ft) to 18 square metres (194 sq ft). However, the...

Politics

9 d. ago Lawmakers call for rents in Hong Kong student hostels to be regulated

Hong Kong lawmakers have urged authorities to regulate university hostel rents as more office buildings and hotels are set to be converted into student accommodation, with the Post finding market rates for some are four times higher than for campus dormitories. The legislators made the call on Tuesday as they discussed a new government policy under which authorities will relax planning rules for developers to convert offices and hotels into hostels in a pilot scheme to be launched next month, to...

Society

1 week ago Growing China trade prompts Hong Kong venture for Saudi cargo carrier

Saudia Cargo, the national air cargo carrier of Saudi Arabia, is tapping into diverse sectors in China and Asia, including e-commerce, agriculture and technology, through the launch of a new venture in Hong Kong and a planned capacity expansion. “China specifically, and the Far East in general, as a critical trade market to Saudi Arabia, will play a critical role in supporting Saudi Vision 2030 goals, and hence expanding our operations here just comes naturally,” CEO and managing director Loay...

Transport

2 w. ago Hong Kong presses ahead with plans to regulate notorious subdivided flats

Hong Kong is pressing ahead with legislation to regulate the city’s notorious subdivided flats, with authorities planning to enforce proposed new laws from 2027 and landlords able to register their properties as early as March next year. The Housing Bureau submitted its regulatory proposals to the legislature on Thursday, with the bill to be tabled on July 9. It is expected to pass before the current Legislative Council term ends in October, paving the way for the city to finally eradicate...

Politics

2 w. ago Halt Lantau reclamation or risk Northern Metropolis bids: Hong Kong developers

Hong Kong authorities should immediately halt plans to build three artificial islands in waters off Lantau as the scheme may drive down bidding prices for land in the Northern Metropolis megaproject, a representative of the city’s major developers has said. Louis Loong Hon-biu, a lawmaker and also the secretary general of the Real Estate Developers Association, made the remarks in an interview with the Post, saying the government could not support both megaprojects simultaneously. Loong said...

Events

2 w. ago Halt Lantau reclamation plan or risk Northern Metropolis bids: developers

Hong Kong authorities should immediately halt plans to build three artificial islands in waters off Lantau as the scheme may drive down bidding prices for land in the Northern Metropolis megaproject, a representative of the city’s major developers has said. Louis Loong Hon-biu, a lawmaker and also the secretary general of the Real Estate Developers Association, made the remarks in an interview with the Post, saying the government could not support both megaprojects simultaneously. Loong said...

Events

2 w. ago 25% of Hong Kong employers plan to cut staff in next quarter: survey

About 25 per cent of Hong Kong employers plan to cut staff in the next quarter, according to a human resources company’s survey, as the latest government figures showed the city’s unemployment rate reached a 30-month high of 3.5 per cent for March to May. Workforce solutions provider ManpowerGroup Greater China released its latest employment outlook survey on Tuesday, with about 33 per cent of the 522 employers polled saying they expected to hire more personnel in the next three months. About 25...

Politics

2 w. ago Hong Kong businesses, social groups create platform to plan for ‘silver economy’

Hong Kong businesses, social groups, a major bank and a think tank have jointly set up a platform to devise initiatives to make the city more elderly-friendly through the nurturing of a “silver economy”. The Alliance of Silver Economy Development was launched on Tuesday and aims to encourage collaboration between companies and social organisations. Alliance convenor and lawmaker Chan Hok-fung said local stakeholders had yet to come together to align and implement silver economy strategies, with...

Economics

2 w. ago Hong Kong’s shelved plan for 8,300 public flats to face 90% higher cost per home

Hong Kong housing authorities have revealed that the now-suspended plan to build 8,300 public flats in a northern town will face higher costs of up to 90 per cent for each home and require an extra 10 months to complete if it were to press ahead. The Housing Bureau said on Monday that the postponement was prompted by its ground investigation that the site had “complex geology with a deep bedrock layer”. “The authority stresses that it has not abandoned the project,” the bureau said. It added...

Politics

2 w. ago Hong Kong trade body plans 2026 conference to entice Gulf states

The Hong Kong Trade Development Council (HKTDC) plans to host a conference next year to foster collaboration with Gulf states, the body’s new head has said, adding that US President Donald Trump’s unpredictable policies could result in further changes to its export projections. Frederick Ma Si-hang, who took office on June 1, also said on Sunday that the council was exploring the feasibility of organising exhibitions at government venues to address an ongoing shortage of event spaces. On the...

Politics

2 w. ago In human rights talks, EU warns of ‘deterioration’ of basic freedoms in China

During thorny human rights talks with China on Friday, the European Union voiced concerns about what it called a “deterioration of fundamental freedoms” in the country. The EU cited “government interference” in the succession plan for the Dalai Lama, an ongoing crackdown in Hong Kong, and jailed Uygur and Tibetan activists as examples in its statement on the 40th edition of the EU-China Human Rights Dialogue in Brussels. The bloc accused China of “persistent restrictions on freedom of...

Events

2 w. 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

3 w. ago Ant International and Ant Digital to seek stablecoin licences in Hong Kong

Singapore-based Ant International and the Hangzhou-based Ant Digital, two affiliates of Chinese tech giant Ant Group, have announced plans to apply for stablecoin issuer licences in Hong Kong once the new ordinance governing fiat-backed cryptocurrencies takes effect in August. “We welcome the passage of the Stablecoins Bill and hope to contribute more to the city’s vision as a global hub for next-gen finance,” Ant International, a spin-off of Ant’s global operations, said in a statement on...

Politics

3 w. ago Chinese EV battery maker Eve Energy jumps on Hong Kong IPO bandwagon

Eve Energy, China’s fifth-largest producer of electric vehicle (EV) batteries, plans to raise fresh capital on the Hong Kong stock exchange, following the lead of its bigger rival Contemporary Amperex Technology (CATL) as international investors show a growing appetite for the country’s industrial gems. The Shenzhen-listed company said on Tuesday that its board had endorsed a fundraising plan aimed at bolstering its international expansion, but details about the share offering were still in the...

Science