2 h. ago Hong Kong’s John Lee marks Father’s Day by sharing picture of grandson

Hong Kong Chief Executive John Lee Ka-chiu marked Father’s Day this year by sharing a photo on social media of himself with his grandson. Lee’s photo shows the city leader wearing a cap and a polo shirt as he warmly greets his grandson and has the caption: “From father to father’s father, paying tribute to fathers all over the world”. He said on Sunday that he enjoyed spending time with his grandson, especially cherishing talking to and playing with him. Lee spoke about reading fables to his...

Politics

5 h. ago Hong Kong’s rent surge hits mainland students and professionals

Wang Ruoshuo, a 21-year-old student from Hefei, the capital of central Anhui province, is searching for a flat in Hung Hom in southern Kowloon, which is close to her university and the company where she interns. As a first-time renter, however, she has been taken aback by the high prices. Wang and her friends are looking for a two-bedroom unit, budgeting about HK$7,000 to HK$8,000 (US$892 to US$1,019) per person. “But when we began our search, we found that properties meeting our criteria would...

Society

6 h. ago Hong Kong virtual insurer OneDegree seeks greater Middle East growth

Hong Kong virtual insurer OneDegree is gaining ground in the Middle East and has signed 20 contracts since entering the region in 2023, according to one of its founders. In an interview on June 6, Alvin Kwock Yin-lun said the nine-year-old company was looking for additional growth in the Middle East. It has insured the digital assets of 20 out of the 34 companies licensed by Dubai’s Virtual Assets Regulatory Authority, which includes digital asset exchanges and providers of trading and custody...

Politics

6 h. ago Group tour prices from Hong Kong drop 10% as tourists opt for alternatives to Japan

Hong Kong travel agencies have launched cheaper outbound group tours this summer, driven by increased flight capacity amid a shift in tourists’ preference away from Japan due to increased earthquake concerns. Several tour operators have reported that prices for their summer group tours are either lower or have remained stable, adding that popular destinations include South Korea, Vietnam and cities in western mainland China. “Compared to last year, we see more than a 10 per cent drop in prices...

Politics

22 h. ago Hong Kong restaurants may start testing alternatives to plastics in next 2 months

Hong Kong restaurants may start testing alternatives to certain single-use plastics for items such as food containers in the next two months, the environment minister has said, as the government gauges the business sector’s feedback before expanding the scope of a ban. Secretary for Environment and Ecology Tse Chin-wan on Saturday gave the update on the second phase of the government’s plan to rid the city of disposable plastic items, after the first stage was introduced in April last year. “We...

Politics

23 h. ago How the obsession with risky assets is putting global finance in peril

Fashionable, frivolous or downright foolish? Which of these words best describes the trend in markets toward derivatives, cryptocurrencies, digital assets and tokens as supplements or alternatives to traditional finance? Where is this great “paper chase” leading? For one thing, it is likely to be causing a flight into gold. But unless gold is remonetised and mining output is stepped up sharply, that trend could lead to deflation and limited economic growth. So a retreat to sustainable safety...

Events

23 h. ago China scenic site seeks dancing ‘savages’ for US$70 daily, requires eating raw food

A top natural scenic spot in central China has come under the spotlight for hiring people to pose as savages for tourists, and paying them 500 yuan (US$70) a day to do so. Since Shennongjia National Nature Reserve in Hubei province began recruiting on June 7 about 10,000 people have applied for the job, the scenic zone’s management company told the Beijing News on June 9. Included in the Unesco World Heritage List, the Shennongjia tour zone features primeval ecology, rich biodiversity and...

Politics

25 h. ago Hong Kong’s mediation centre open to developed nations, Western countries

Western and developed countries are welcome to use services offered by Hong Kong’s newly established global mediation centre, a senior official has said, dismissing concerns over the institute’s founding members being primarily developing nations. Deputy Secretary for Justice Horace Cheung Kwok-kwan on Saturday also addressed the possible direct competition with other dispute resolution hubs, including Singapore, outlining Hong Kong’s distinct advantages such as its “one country, two systems”...

Politics

27 h. ago ‘Probe under way on whether Beijing will take over collusion case in Hong Kong’

Beijing’s national security arm in Hong Kong conducted its first publicly known joint operation with the city’s police to determine whether a suspected collusion case is complex to the extent that it requires mainland China to take over, the security minister has revealed. Secretary for Security Chris Tang Ping-keung said on Saturday that no arrests had been made so far, adding it would require the central government’s approval if the case were to be handed over. His remarks were made after the...

Politics

27 h. ago Authorities still studying if Hong Kong collusion case needs to be handled by Beijing

Beijing and Hong Kong are investigating the complexity of a suspected collusion case to determine whether mainland China needs to take over, security minister has said, in what may become a precedent for the central government to exercise its jurisdiction over such matters. Secretary for Security Chris Tang Ping-keung said on Saturday that authorities were gathering information to ascertain if Article 55 of the national security law, which applies to complicated and severe cases, should be...

Events

29 h. 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

30 h. ago China boy, 11, invents 300 hair braids for toddler sister, wins admiration online

An 11-year-old boy in central China, who skilfully braids his toddler sister’s hair each day and has invented over 300 unique styles in just one year, has become a sensation on mainland social media. The siblings, known by the surname Huang, live in Zhuzhou of Hunan province and have garnered significant attention online as their mother frequently shares their heartwarming interactions on a popular social media platform. Most of these videos showcase the brother expertly braiding his...

Politics

30 h. ago Chinese boy, 11, invents 300 hair braids for toddler sister, wins online praise

An 11-year-old boy in central China, who skilfully braids his toddler sister’s hair each day and has invented over 300 unique styles in just one year, has become a sensation on mainland social media. The siblings, known by the surname Huang, live in Zhuzhou of Hunan province and have garnered significant attention online as their mother frequently shares their heartwarming interactions on a popular social media platform. Most of these videos showcase the brother expertly braiding his...

Politics

31 h. ago Journey through 700 years of history on Beijing Central Axis

Journey through 700 years of history on Beijing Central Axis  Xinhua

Politics

41 h. ago Henderson Land signs Jane Street as anchor in Central Hong Kong project

Henderson Land Development, one of Hong Kong’s largest developers, has leased a 223,437 sq ft space in its prized mixed-use project in Central to Jane Street Asia in one of the largest leasing transactions in the city’s main business district in decades. The rent for the space, across six floors in New Central Harbourfront, will be HK$137 (US$17.45) per square foot per month, or HK$30.6 million per month, excluding fees. The transaction, which makes the quant trading firm the anchor tenant of...

Politics

41 h. ago Jane Street to pay US$3.9m a month to rent Hong Kong office space

Henderson Land Development, one of Hong Kong’s largest developers, has leased a 223,437 sq ft space in its prized mixed-use project in Central to Jane Street Asia in one of the largest leasing transactions in the city’s main business district in decades. The rent for the space, across six floors in New Central Harbourfront, will be HK$137 (US$17.45) per square foot per month, or HK$30.6 million per month, excluding fees. The transaction, which makes the quant trading firm the anchor tenant of...

Society

41 h. ago Jane Street to pay US$3.9m a month in record Hong Kong office lease

Henderson Land Development, one of Hong Kong’s largest developers, has leased a 223,437 sq ft space in its prized mixed-use project in Central to Jane Street Asia in one of the largest leasing transactions in the city’s main business district in decades. The rent for the space, across six floors in New Central Harbourfront, will be HK$137 (US$17.45) per square foot per month, or HK$30.6 million per month, excluding fees. The transaction, which makes the quant trading firm the anchor tenant of...

Economics

42 h. ago Hong Kong Urban Renewal Authority eyes Middle East, Europe investors for bonds

Hong Kong’s cash-strapped Urban Renewal Authority (URA) will issue another round of bonds this year and has reached out to investors in the Middle East and Europe, the body’s outgoing chief has revealed. Authority managing director Wai Chi-sing also said that two sites the government gave to the URA this month had strengthened its bargaining power in talks with investors, and that he believed there would be more similar land grants in the future. Wai, who leaves the statutory body on Saturday...

Economics

43 h. ago 8 arrested for road races in Hong Kong, including 1 who allegedly used police car

Hong Kong police have arrested a 29-year-old man who used a vehicle believed to be a retired squad car in illegal road races, alongside seven other men caught in the same operation. Chief Inspector So Chi-bing of the regional crime unit in Kowloon East said officers had arrested eight men on Thursday after the force investigated media reports and online footage depicting several cars chasing after one another and switching lanes at high speed last month. “In the footage, the force noticed that...

Events

43 h. ago 8 arrested after video of retired police car road racing in Hong Kong goes viral

Hong Kong police have arrested eight men on suspicion of taking part in illegal road racing, including a 29-year-old man who allegedly drove what appears to be one of the force’s retired vehicles. Chief Inspector So Chi-bing of the regional crime unit in Kowloon East said officers arrested the eight men on Thursday after the force investigated media reports and online footage depicting several cars chasing each other and switching lanes at high speed last month. “In the footage, the force...

Events