66 h. ago Hong Kong watchdog warns against using Musk’s Grok AI bot to create indecent images

Hong Kong’s privacy watchdog has raised concerns over the potential misuse of the artificial intelligence (AI) chatbot Grok, developed by Elon Musk’s company, warning that using its image-generation function to create indecent or malicious content could amount to criminal offences. The Office of the Privacy Commissioner for Personal Data (PCPD) issued a statement on Thursday after various countries raised concerns about Grok’s image-editing function that allowed users to digitally “undress” real...

Events

8 d. ago Hong Kong’s Frederick Ma urges deeper support for special needs education

Frederick Ma Si-hang, Hong Kong Special Schools Council chairman, has urged the public to deepen their support for disabled students in the city at a charity golf event organised by the Hong Kong Special Schools Council to raise awareness for this group. The tournament, held on Friday at the Fanling Golf Club, drew 21 teams of 84 people, including one consisting of players with disabilities. Participants competed to win prizes such as a BYD electric car and tickets to see Cantopop singer Jacky...

Politics

9 d. ago China's AI startup MiniMax Group raises $619 million in Hong Kong IPO

China's AI startup MiniMax Group raises $619 million in Hong Kong IPO  Reuters

Economics

9 d. ago Hong Kong ombudsman raises concerns over repeated landslides on man

The Office of the Ombudsman has raised concerns over frequent landslides occurring at government man-made slopes in Hong Kong, highlighting that one location had four landslides in different areas within five years. In a direct investigation report released on Thursday, the office reviewed nine serious landslides that occurred since 2008. It found that most slopes with repeated landslides were either not included in a specific monitoring programme or deemed relatively low priority. In one case...

Politics

1 week ago Hong Kong’s embattled Urban Renewal Authority raises HK$8 billion in bond sale

Hong Kong’s beleaguered Urban Renewal Authority (URA) has raised HK$8 billion (US$1.02 billion) by selling bonds to finance capital expenditure and new projects. The cash-strapped authority on Wednesday said it sold two tranches of bonds, one worth HK$5 billion with a five-year term and the other for HK$3 billion with a 10-year term. The coupon rates were 2.95 per cent and 3.48 per cent, respectively. It marked the URA’s return to the bond market for the first time since August 2024, when it...

Economics

1 week ago Sanctioned Chen Zhi’s Hong Kong firms rocked by resignations and frozen assets

Recently sanctioned Chinese-Cambodian businessman Chen Zhi has been linked to a network of entities in Hong Kong, with the move triggering regulatory measures and prompting auditors and directors to quit his firms. Company documents reviewed by the Post reveal an interconnected group of firms sharing directors and addresses tied to Chen, luxury real estate and previously appointed international business figures, raising questions about the depth of his operations in Hong Kong and the potential...

Politics

2 w. ago Hong Kong’s IPO dominance in 2025 set to carry on into new year

Hong Kong’s momentum as an initial public offering (IPO) venue is set to hurtle onwards in 2026 after funds raised from share sales more than tripled in 2025, placing the city’s exchange atop the global rankings for the first time since 2019. A total of 114 companies raised US$37.22 billion on the Hong Kong stock exchange’s main board in 2025, according to data released on Friday by the London Stock Exchange Group (LSEG). That translates to a 229 per cent increase from US$11.3 billion in...

Politics

2 w. ago China IPOs make strong debut in Hong Kong after raising $900 million to cap banner year

China IPOs make strong debut in Hong Kong after raising $900 million to cap banner year  Reuters

Economics

2 w. ago Six China IPOs debut in Hong Kong after raising $900 million to cap banner year By Reuters

Six China IPOs debut in Hong Kong after raising $900 million to cap banner year By Reuters  Investing.com

Economics

2 w. ago Six China IPOs debut in Hong Kong after raising $900 million to cap banner year

Six China IPOs debut in Hong Kong after raising $900 million to cap banner year  Reuters

Economics

2 w. ago Hong Kong to raise traffic fines for 19 offences on January 1; illegal parking up 25%

Hong Kong motorists will face higher financial penalties starting on January 1, when new traffic fines for 19 types of offences take effect. The targeted offences under the Fixed Penalty (Criminal Proceedings) Ordinance include illegal parking, for which the fine is set to rise by 25 per cent from HK$320 to HK$400 (US$41 to US$51). This marks the first adjustment to those penalty levels in more than three decades. “The fixed penalties for illegal parking and many other traffic contraventions...

Events

2 w. ago Hong Kong to raise fines for 19 traffic offences on January 1, including illegal parking

Hong Kong motorists will face stiffer penalties from January 1, when new fines for 19 types of traffic offences take effect. The targeted offences under the Fixed Penalty (Criminal Proceedings) Ordinance include illegal parking, which will carry a fine of HK$400 (US$51), 25 per cent higher than the previous HK$320. The changes mark the first time the penalties have been adjusted in more than three decades. “The fixed penalties for illegal parking and many other traffic contraventions have...

Events

3 w. ago Hong Kong Red Cross unveils HK$420 million relief fund for Tai Po fire victims

Hong Kong Red Cross has raised HK$420 million (US$54 million) to support victims of the deadly Tai Po blaze, launching a three-to-five-year relief plan covering the financial, mental health and medical needs of those affected. Almost a month after the fire at Wang Fuk Court – which killed at least 161 people, injured dozens and displaced nearly 5,000 – the NGO said on Tuesday that it aimed not only to help victims rebuild their lives, but also to assist the whole of Hong Kong in recovering from...

Events

3 w. ago Hong Kong’s Sigg Prize shared for the first time as M+ boss praises 2 ‘bold’ artists

The Sigg Prize 2025 has been awarded jointly to Hong Kong animator Wong Ping and Macau-raised artist Heidi Lau, marking the first time the contemporary art prize has been shared between two artists since it was first awarded in 2019. The announcement was made on December 16 by M+, the museum in Hong Kong’s West Kowloon Cultural District that organises the biennial competition named after the collector Uli Sigg. “We were deeply impressed by the works presented and decided to award two winners in...

Politics

3 w. ago Hong Kong’s famed Peak Tram to increase standard fares by up to 40%

Hong Kong’s famed Peak Tram will raise its fares from next Monday, with standard ticket prices for children and the elderly increasing by nearly 40 per cent. The Peak Tramways Company announced on Monday that return tickets for adults would cost HK$116 (US$15) while one-way tickets would be HK$82, a rise of 7 to 8 per cent. But fares for children and the elderly would jump to HK$52 for a single ticket and HK$75 for a return trip, a significant increase ranging from 36.8 to 38.9 per cent. The fee...

Politics

3 w. ago Chinese AI chipmaker Biren kicks off bookbuilding for US$624 million Hong Kong IPO

Shanghai Biren Technology has started bookbuilding for its Hong Kong initial public offering (IPO), aiming to raise up to HK$4.85 billion (US$624 million), as Chinese chipmakers rush to list amid rising investor interest. Biren, the mainland’s first graphics processing unit (GPU) developer to go public in Hong Kong, will start trading on January 2 – becoming the first new listing of 2026. The firm was offering 247.7 million shares between HK$17 and HK$19.60 each, according to its exchange filing...

Economics

4 w. ago Hong Kong Santa Hash run spreads festive cheer and raises funds for charity

Dressed in festive outfits, nearly 140 people dashed through Hong Kong’s streets on Sunday for the annual Santa Hash charity run, raising vital funds in the process. The event began at Lockhart Road Playground in Wan Chai and covered a 6km (4 miles) route past landmarks including the Hong Kong Observation Wheel, Chater Garden, St John’s Cathedral, the Peak Tram and Hong Kong Park, before looping back to the finish. Participants navigated the trail in true “hash” style – a mix of running and...

Politics