72 m. ago Mainland Chinese buyers pour US$2 billion into Hong Kong super

After several subdued years, 2025 marked a turning point for demand in Hong Kong’s most prestigious housing enclaves, as mainland buyers streamed back into scarce ultra-luxury homes once prices stabilised and transaction momentum rolled into the new year. That shift was most visible in The Peak and Southern district – two low-density, ultra-wealthy neighbourhoods on opposite ends of Hong Kong Island. Mainland purchasers bought about HK$16 billion (US$2.05 billion) worth of homes in the areas in...

Economics

2 h. ago This year, Hong Kong must resolve to rewrite the script for retirement

Looking back at 2025, the city made meaningful strides in supporting its retirees. The government expanded the Elderly Health Care Voucher and Community Care Service Voucher schemes, and invested HK$2 billion (US$256.47 million) in an elderly and rehabilitation technology fund. It also announced 30 measures for the silver economy and formed the Working Group on Ageing Society Strategies to improve cross-bureau coordination. These efforts helped launch the long-awaited Q-Mark Silver Scheme,...

Politics

11 h. ago Uganda’s President Yoweri Museveni wins seventh term in election marred by fraud claims

Ugandan President Yoweri Museveni won his seventh term with 71.65 per cent of votes, according to official results Saturday, in an election marred by an internet shutdown and fraud claims by his youthful challenger, who rejected the outcome and called for peaceful protests. The musician-turned-politician best known as Bobi Wine took 24.72 per cent of the vote, the final results showed. Wine, whose real name is Kyagulanyi Ssentamu, has condemned what he described as an unfair electoral process...

Politics

14 h. ago Beijing's performance arts market reports record high revenue in 2025

Beijing's performance arts market reports record high revenue in 2025  Xinhua

Politics

15 h. ago REPOST: The Prescient Warning Behind Ottawa’s China Influence File—and Carney’s Beijing Electric Vehicle Gamble

REPOST: The Prescient Warning Behind Ottawa’s China Influence File—and Carney’s Beijing Electric Vehicle Gamble  The Bureau | Sam Cooper

Events

16 h. ago China’s AI and EV boom drives record power demand, widening energy gap with US

China’s total electricity consumption hit a record high of 10.4 trillion kilowatt-hours (kWh) in 2025, more than double that of the US, the National Energy Administration (NEA) said on Saturday. The 5 per cent jump from the previous year marked the first time in China’s history that annual electricity consumption had surpassed 10 trillion kWh – the highest in the world and more than the combined total of the European Union, Russia, India and Japan, state broadcaster CCTV said, citing NEA...

Politics

19 h. ago Xi’s Enforcers Punished Nearly a Million in 2025—and China’s Leader Wants More

Xi’s Enforcers Punished Nearly a Million in 2025—and China’s Leader Wants More  The Wall Street Journal

Politics

20 h. ago Thai ruling party courts voters by vowing to end Cambodia conflict, close scam hubs

Thailand’s ruling party, which is seeking to retain power in next month’s election, has vowed to resolve the country’s conflict with Cambodia and clean up its image as a transit hub for trafficked scam victims. The conservative Bhumjaithai Party, which took power in September, has cast itself as the most suitable defender of Thai sovereignty during the border dispute between the two Southeast Asian countries. Clashes erupted for five days last July and reignited in December before a...

Events

20 h. ago Drama in Hong Kong’s first international marathon in 1969 – from the SCMP archive

This article was first published on December 15, 1969 Drama in HK’s first international marathon by Neil Perera Unheralded Kim Cha Hwan of South Korea yesterday (December 14, 1969) pulverised an international field of long distance runners to win the first Tin Tin international marathon in the New Territories. Kim, a 21-year-old electrician, overcame a determined challenge from Australia’s John Farrington to cover the gruelling 26 miles course in two hours 20 minutes 39 seconds. He immediately...

Events

23 h. ago China Consumed Twice the Electricity of the US in 2025: CCTV

China Consumed Twice the Electricity of the US in 2025: CCTV  Bloomberg.com

Politics

23 h. ago Several Hong Kong lawmakers omit unpaid directorships in Legco declarations

Several newly elected Hong Kong lawmakers have not fully disclosed their unpaid directorships and those held at subsidiaries, the Post has found, prompting calls from the legislature’s House Committee chairman for greater transparency. Andrew Yao Cho-fai and Lothair Lam Ming-fung were among the Legislative Council newcomers who did not register dozens of unpaid directorships, according to a Post check on their declarations of interest, which were cross-referenced with Companies Registry...

Politics

27 h. ago Prime Minister Carney’s new trade deal with China on electric vehicles, AP explains

Prime Minister Carney’s new trade deal with China on electric vehicles, AP explains  AP News

Politics

34 h. ago China Pivots Again: How to Play Nvidia Stock Amid the Current H200 Drama?

China Pivots Again: How to Play Nvidia Stock Amid the Current H200 Drama?  Yahoo Finance

Events

35 h. ago China Halts Electricity Imports from Russia Due to Price Dispute

China Halts Electricity Imports from Russia Due to Price Dispute  Crude Oil Prices Today | OilPrice.com

Politics

35 h. ago China Auto Market Boomed in 2025: Why Growth May Be Softer in 2026

China Auto Market Boomed in 2025: Why Growth May Be Softer in 2026  Yahoo Finance

Politics

35 h. ago Canada agrees to cut tariff on Chinese electric vehicles in break with the U.S.

Canada agrees to cut tariff on Chinese electric vehicles in break with the U.S.  CBS News

Politics

36 h. ago Hong Kong passport ranks 15th globally, rising 3 places in visa

Hongkongers hold the world’s 15th most powerful passport, up three places from last year, according to an index measuring visa-free access. The Hong Kong Special Administrative Region passport offers visa-free access to 171 destinations, according to this year’s Henley Passport Index released last week. Singapore retained the top ranking for the third consecutive year, granting its citizens visa-free entry to 192 destinations. However, data from the Hong Kong Immigration Department shows that...

Politics

36 h. ago Tesla’s defeat, Harvard’s success, Trump ‘top global risk’: 7 US

We have selected seven of the most interesting and important news stories covering US-China relations from the past few weeks. If you would like to see more of our reporting, please consider subscribing. 1. BYD’s win, Tesla’s defeat, Ford’s pivot: the widening gap in US-China EV markets After years of competing head-to-head with China in electric vehicles, the United States is now widely seen as falling behind – a reality increasingly acknowledged even within Detroit. Read the full story...

Politics

36 h. ago Canada breaks with US, slashes 100% tariffs on Chinese EVs to 6%

Canada breaks with US, slashes 100% tariffs on Chinese EVs to 6%  Electrek

Politics

37 h. ago China halts electricity imports from Russia, Russian media reports

China halts electricity imports from Russia, Russian media reports  Yahoo

Politics