1 hour ago Cyberport may use Chinese GPUs at supercomputing centre, CEO says

Cyberport may add some graphics processing units (GPUs) made in China to its Artificial Intelligence Supercomputing Centre in Hong Kong, as the government-run incubator seeks to reduce its reliance on Nvidia chips amid worsening China-US relations, its chief executive said. Cyberport has bought four GPUs made by four different mainland Chinese chipmakers and has been testing them at its AI lab to gauge which ones to adopt in the expanding facilities, Rocky Cheng Chung-ngam said in an interview...

Politics

2 h. ago Hong Kong developers test homebuyer sentiment as outlook brightens

Two major residential developments in Hong Kong saw tepid sales over the weekend despite a slow recovery in the city’s property market, showing that buyer sentiment has yet to fully rebound even as developers strive for higher profit margins amid a stabilisation in home prices, according to analysts. “Developers are now testing the waters” by pricing new projects at market rates, aligning with average prices in nearby developments or slightly higher, said Joseph Tsang, chairman of JLL Hong Kong....

Politics

2 h. ago Man in Hong Kong dies from suspected heatstroke during dragon boat practice

A man in Hong Kong has died after collapsing from suspected heatstroke during a dragon boat practice session in Tseung Kwan O amid very hot weather. According to the police, the force received a report at about 12.50pm on Sunday that a person collapsed at Tiu Keng Leng Pier while practising dragon boating. Witnesses at the scene said the man, who appeared to be middle-aged, became dizzy and unwell during the practice. His fellow racers brought their boat back to shore, carried him onto the pier,...

Events

2 h. ago Drone sends medical supplies from Hong Kong Island to Cheung Chau in 20 minutes

A new drone pilot project has significantly reduced the delivery time for urgent medical supplies from Hong Kong Island to a hospital on an outlying island from 65 minutes via ferry to 20 minutes by air. The project, part of the low-altitude economy regulatory sandbox launched by the government in March, was a collaboration between the Hospital Authority and logistics firm SF Express, aiming to provide a faster and more efficient alternative to ferries, which are subject to scheduling...

Events

3 h. ago Hong Kong can use role in Xinjiang’s legal services as belt and road ‘bridge’

Hong Kong can use its role in Xinjiang’s legal services as a “bridge” to connect with countries under the Belt and Road Initiative, Secretary for Justice Paul Lam Ting-kwok has said at the end of a visit to the autonomous mainland Chinese region to promote the city’s legal system. Lam on Sunday concluded a four-day visit to Urumqi, the region’s capital, where he met with high-level government and party officials, representatives from Xinjiang’s legal and business sectors, as well as the Xinjiang...

Politics

6 h. ago 2 agencies in Hong Kong help mainland Chinese talent secure visas via sham jobs

At least two employment agencies offer allegedly bogus jobs to mainland Chinese talent in Hong Kong to help them secure visa renewals for a fee of up to 500,000 yuan (US$70,200), the Post has found, amid a peak period of visa expirations under the government’s top talent scheme. Tactics deployed by the agencies included offering employment contracts and payslips without requiring actual work, as well as fabricating evidence of meetings – all designed to help mainlanders extend their stay in Hong...

Politics

7 h. ago Hong Kong policy address: Lee’s tie nod to city’s role as mainland China bridge

Hong Kong’s leader and his team will wear a tie and silk scarf that symbolise the city’s role in bridging mainland China with the world when he delivers his fourth policy blueprint on Wednesday, as he explained his philosophy in a video partly created using AI technology. The different designs were conceived by instructors and students of fashion courses from the Hong Kong Polytechnic University, the Hong Kong Design Institute, and the Technological and Higher Education Institute of Hong...

Events

8 h. ago South Korea’s ban on foreign homebuyers to cool Seoul prices, Chinese spending

South Korea’s new restrictions on foreign homebuyers are likely to cool housing prices in Seoul and neighbouring cities, according to property agents, following a surge in the number of buyers from mainland China and Hong Kong who bought homes in the middle and high-end segments of the market. Hongkongers and mainland Chinese had acquired 96,955 properties in South Korea as of May, a 78.5 per cent increase from the 54,320 real estate assets that they owned in 2020, according to a report by The...

Economics

9 h. ago Time for Hong Kong’s US$6.4 billion cultural gamble to pay off

Is Hong Kong’s most ambitious cultural project becoming its most expensive liability? More than a decade and nearly HK$50 billion (US$6.4 billion) later, the West Kowloon Cultural District finds itself in a precarious position. The government’s flagship arts and culture hub, which was meant to catapult the city into the ranks of global cultural capitals, now risks being remembered less for its creative breakthroughs than for its governance and financial headaches. The numbers alone tell a...

Economics

9 h. ago Hong Kong’s John Lee to tackle civil servant accountability in policy address

Hong Kong’s leader will introduce a mechanism to hold senior civil servants accountable for their misconduct in his policy blueprint, targeting incidents such as a recent bottled water supply scandal, the Post has learned. But political observers have warned of a possible pushback from civil servants concerned about job security, while recommending the government implement gradual changes with robust investigative procedures. According to a government source, Chief Executive John Lee Ka-chiu is...

Events

22 h. ago US church in fight with HKIS ‘not looking to sell or redevelop’ its 7 properties

A US-based church suing a top Hong Kong school is “not looking to sell or redevelop” seven local properties it owns with an estimated value of nearly HK$1 billion (US$127 million), insisting it intends to make a “significant investment” in the city through a new institution. The Lutheran Church-Missouri Synod (LCMS) told the Post on Saturday that it was in a “comfortable financial position”, despite expressing concerns last month about a “significantly deepening deficit” based on multi-year...

Politics

22 h. ago Hong Kong and China Gas (SEHK:3): A Fresh Look at Valuation as Investor Interest Rises

Hong Kong and China Gas (SEHK:3): A Fresh Look at Valuation as Investor Interest Rises  Yahoo Finance

Economics

23 h. ago Hong Kong tobacco control bill: will the measures help or hurt the city?

Hong Kong recently passed a controversial tobacco control bill that sought to further reduce the city’s smoking rate, prompting some lawmakers to raise concerns about the possible impact on tourism and the illicit cigarette trade. The bill covers eight of the 10 tobacco control measures raised by the government in June last year, including a ban on the possession or use of alternative smoking products in public by April 30 of next year, and the sale of flavoured cigarettes other than menthol in...

Politics

24 h. ago SAVi Five: Consultation open on Hong Kong's expanded taxonomy, China’s ETS “unlikely” to include aviation, and more

SAVi Five: Consultation open on Hong Kong's expanded taxonomy, China’s ETS “unlikely” to include aviation, and more  ishkaglobal.com

Politics

24 h. ago Bus tests to begin on Yau Ma Tei section of Hong Kong’s new Kowloon bypass

Hong Kong authorities will conduct road tests for buses on the Yau Ma Tei section of the Central Kowloon Bypass starting next week, with trials for other forms of public transport to begin gradually ahead of its expected opening by the end of the year. Secretary for Transport and Logistics Mable Chan said on Saturday that the major structural works of the Yau Ma Tei section had been completed and had passed fire safety inspections and tests. “Franchised bus operators will begin road tests on the...

Politics

27 h. ago Hong Kong may face overlapping flu seasons amid surge in outbreaks

Hong Kong may experience an overlap of the summer and winter flu seasons amid a recent surge in outbreaks at schools, with experts urging residents, especially vulnerable groups, to get vaccinated. Professor Lau Yu-lung, chairman of the Scientific Committee on Vaccine Preventable Diseases under the Centre for Health Protection, joined the growing calls on Saturday, amid a significant increase in influenza-like illness outbreaks over the past two weeks. “We have just entered the summer flu season...

Science

30 h. ago How a Hong Kong mum’s eloquent balloon fest rant won fans and refunds

Dreamy Ho, 40, gained internet fame after her rapid-fire complaints, boldness in speaking up and relentless determination to stand up for her rights captured widespread attention in Hong Kong following a viral interview clip. The lively and eloquent speech was directed at the organiser of a hot-air balloon festival, which failed to provide tethered rides despite advertising them, and initially refused to offer a refund, which the single mother said “felt like a scam”. Internet users were...

Politics

32 h. ago Hong Kong ‘to tighten controls on employers seeking to import labour’

Hong Kong authorities are set to tighten controls on employers seeking to import labour following complaints of local employees being replaced under the scheme, with such measures to be proposed in the city leader’s policy address, the Post has learned. Government sources said that authorities would roll out more public works projects to increase jobs in the construction sector, an area hit hard by a significant drop in private developments. With the unemployment rate climbing between May and...

Politics

32 h. ago Hong Kong woman dies after car crashes into parked truck near border

A Hong Kong woman has died after the car she was driving crashed into a truck near the border with mainland China. Police received a report at 4.55am on Saturday that the car heading to the border control point slammed into the truck, which was parked on the side of Man Kam To Road near Sha Ling Road in the North District. The woman, in her thirties, was declared dead at the scene by emergency personnel, while the truck driver, 50, reported no injuries. Photos and footage from local media showed...

Events

32 h. ago Hong Kong woman, 37, dies after car crashes into parked truck near border

A Hong Kong woman has died after the car she was driving crashed into a truck near the border with mainland China. Police received a report at 4.55am on Saturday that the car heading to the border control point slammed into the truck, which was parked on the side of Man Kam To Road near Sha Ling Road in the North District. The woman 37, sustained serious head injuries and was declared dead at the scene by emergency personnel, while the truck driver, 50, reported no injuries. Photos and footage...

Events