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BUSINESSAug 24Chinese tech, pharma firms eye Hong Kong as springboard for global expansionMainland Chinese technology and pharmaceutical companies are using Hong Kong as a launching pad for global expansion, industry leaders have said, as a major state-owned drugmaker weighs whether to invest in the city’s Northern Metropolis megaproject. The comments highlighting the city’s international background and professional expertise were made during a six-day trip to the rest of the Greater Bay Area, which was arranged by the Hong Kong and Macau Affairs Office and started on Sunday. “Hong...South China Morning Post
POLITICSAug 24Beijing slams West for criticising Hong Kong court verdict in Tiananmen vigil caseBeijing has slammed Western nations for interfering in China’s internal affairs over their criticism of the conviction of the now-disbanded alliance that organised Hong Kong’s annual Tiananmen Square vigils and its former leaders for inciting subversion. Chinese Foreign Ministry spokesman Lin Jian used a regular press briefing on Monday to hit out at “certain countries and organisations” for using the case to smear Hong Kong and denigrate its rule of law. He made the comments in response to...South China Morning Post
WORLDAug 24Former Hong Kong teacher gets 18 months in prison for molesting student twiceA Hong Kong court sentenced a former teacher on Monday to 18 months in prison for molesting a student, aged 15 at the time, on two occasions in 2020. District Judge Gary Lam Kar-yan described defendant Cheng Hon-sze’s case as serious and said there was no room for a reduced sentence, even if it was a first offence. Cheng, now 32, was sentenced at Tsuen Wan Court after being found guilty of two counts of indecent assault for groping the student and making her perform an obscene act in May and...South China Morning Post
POLITICSAug 24Hong Kong launches real-name booking system for popular Sai Kung coastal trailHong Kong has launched its first countryside real-name reservation system, capping daily visitors to a popular trail in Sai Kung at 2,000 on select dates, with a lawmaker and a district councillor saying the move could gather data to help shape formal arrangements. The trial reservation system for visits to the Po Pin Chau trail in Sai Kung East Country Park went live at 11am on Monday, offering the first batch of slots for September 5 and 6 via Klook’s website, app and WeChat mini-programme. A...South China Morning Post
WORLDAug 24Hong Kong airport embraces future of travel with Terminal 2When Hong Kong International Airport (HKIA) opened in 1998 to replace its predecessor, the iconic Kai Tak Airport, the world was amazed by its engineering and architectural marvels. HKIA’s construction transformed the geography of northern Lantau Island, adding 1 per cent to the city’s total land mass by reclaiming land to connect two other islands, Chek Lap Kok and Lam Chau. The main terminal, designed by the renowned architect Norman Foster, revolutionised the passenger experience with its...South China Morning Post
DISASTERAug 24Typhoon signal in Hong Kong unlikely in next 2 days but expect unsettled weatherThe likelihood that Hong Kong’s weather forecaster will issue a typhoon signal in the next two days is “relatively low”, although multiple tropical cyclones are set to bring unsettled weather to the city later this week. The Observatory said at noon on Monday that Tropical Storm Narra was expected to skirt the coast of the Leizhou Peninsula in western Guangdong province in the coming days while “maintaining some distance from Hong Kong”. “Unless Narra further edges closer to the vicinity of the...South China Morning Post
BUSINESSAug 24Shein seeks up to $1.77B in Hong Kong IPO at $27B valuationSeeking Alpha Tech
WORLDAug 24Hong Kong urged to adopt trait-based dog tiers, DNA checks after fatal attacksHong Kong should introduce a tiered risk framework and carry out DNA testing and physical checks to identify dogs with aggressive traits, a veterinarian and a lawmaker have said after a woman and two canines were all fatally maulled within a week. Monday’s calls for policy change came after the woman, aged 33, was found dead in Ping Yeung Tsuen. Only hours before she was found, she had been attacked at a pet training centre by a canine suspected of being a mixed-breed fighting dog. Preliminary...South China Morning Post
BUSINESSAug 24John Lee urges start-ups to seize opportunities through ‘golden gateway’ of Hong KongHong Kong’s leader has called on scientists, leading enterprises and investment institutions from around the world to seize opportunities in the city, describing it as a “golden gateway” for overseas companies to enter the mainland Chinese market and mainland unicorn firms to expand globally. Speaking at the first Global Unicorn Summit on Monday, Chief Executive John Lee Ka-chiu made a familiar pitch to attendees and entrepreneurs, citing the city’s unique advantages as a “superconnector and...South China Morning Post
BUSINESSAug 24Fast - fashion giant Shein aims for $27bn valuation in Hong Kong market debutFast-fashion company Shein is reportedly targeting a $27 billion valuation for its debut on the Hong Kong market. This indicates a major financial move by a prominent global retailer.theguardian.com · United Kingdom
POLITICSAug 24Half of Hong Kong’s public bodies omit emissions data, green group findsHalf of Hong Kong’s government departments and public bodies have not disclosed their greenhouse gas emissions data and some calculations have been based on outdated information, a green group has found. The findings from The Green Earth have prompted calls for stronger carbon reporting and the setting of reduction targets across the public sector to align with the city’s goal of achieving carbon neutrality before 2050. The non-profit group’s study of 82 public entities found that while 41...South China Morning Post
BUSINESSAug 24Shein plans to raise $1.8bn in Hong Kong IPOMarket capitalisation is nearly three quarters below its peak after fast-fashion retailer’s attempts to list in New York and London failedFinancial Times
POLITICSAug 24Record non-DSE admissions to Hong Kong’s universities spark calls for quotasHong Kong public universities have admitted a record number of students applying outside the local exam system, with the intake surging by 63 per cent over seven years to account for nearly 30 per cent of the 15,000 government-funded places, the South China Morning Post has found. Meanwhile, the intake of home-grown students taking the Diploma of Secondary Education (DSE) exam has dropped by 7 per cent, causing its proportion to fall from 82 per cent to 72 per cent, sparking calls for a cap on...South China Morning Post
DISASTERAug 23Elderly man hospitalised, 2 others hurt after escalator fall at Hong Kong mallA 76-year-old man has been sent to hospital after falling on an escalator at a Hong Kong shopping centre, while two other elderly people sustained minor injuries, according to police. The force received a report at 4.19pm on Sunday that three people had fallen on an escalator in phase one of Shek Lei Shopping Centre, leaving the man trapped. He sustained injuries to his arms and legs and was taken to Princess Margaret Hospital. Photos circulating online show fire services personnel and...South China Morning Post
POLITICSAug 23Hong Kong convicts two pro - democracy activists of inciting subversionTwo pro-democracy activists in Hong Kong have been found guilty of inciting subversion. This conviction highlights ongoing legal actions against political dissent in the region.mainemirror.com · United States
POLITICSAug 23Hong Kong convicts two pro - democracy activists of inciting subversionTwo pro-democracy activists in Hong Kong have been convicted of inciting subversion. This marks a significant legal outcome concerning political dissent in the region.taiwansun.com · China
POLITICSAug 23Hong Kong convicts two pro - democracy activists of inciting subversionTwo pro-democracy activists in Hong Kong have been convicted of inciting subversion. This reflects ongoing legal actions against political dissent in the region.nigeriasun.com · Nigeria
POLITICSAug 23Hong Kong convicts two pro - democracy activists of inciting subversionTwo pro-democracy activists in Hong Kong have been convicted of inciting subversion. This concerns judicial actions related to political dissent and human rights.israelherald.com · Israel
BUSINESSAug 23AI - related IPOs raise nearly 100 bln HKD in Hong Kong in 6 months : HKSAR financial chiefAccording to Hong Kong's financial chief, AI-related Initial Public Offerings have generated approximately 100 billion HKD in Hong Kong over a six-month period. This highlights significant investment and growth in the artificial intelligence sector within the region.hongkongherald.com · China
POLITICSAug 23Hong Kong convicts two pro - democracy activists of inciting subversionTwo pro-democracy activists in Hong Kong have been convicted of inciting subversion. This event signifies ongoing legal actions against political dissent in the region.utahindependent.com · United States
POLITICSAug 23Hong Kong convicts two pro - democracy activists of inciting subversionneworleanssun.com · United States
POLITICSAug 23Hong Kong convicts two pro - democracy activists of inciting subversionTwo pro-democracy activists in Hong Kong have been convicted of inciting subversion. This event signifies ongoing legal actions against political dissent in the region.bostonstar.com · United States
BUSINESSAug 23‘Huge influx’: expat retirees projected to drive Hong Kong’s premium home demandHong Kong is tipped to see more luxury home sales with expatriates increasingly choosing the city as their retirement base, drawn to its low-tax environment as well as business opportunities, according to analysts. “A huge influx of expats who used to live in Hong Kong are moving back with a long-term view to retirement,” said Victoria Allan, founder and CEO of Habitat Property. “Many expats who previously would have left to retire are staying and purchasing [property] for the first...South China Morning Post
POLITICSAug 23Hong Kong convicts two pro - democracy activistsTwo pro-democracy activists in Hong Kong have been convicted, reflecting ongoing political developments concerning activism and governance in the region. This event highlights challenges to democratic movements.bignewsnetwork.com · United States
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