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WORLDAug 19Hong Kong considering euthanising large dog after fatal attacks on 2 petsThe owner of a large dog that mauled two smaller pets to death in Yuen Long earlier this week has expressed “regret” over signing the animal to authorities and hopes to withdraw the surrender, according to the founder of a local animal rescue group. The new development followed a remark made by the Agriculture, Fisheries and Conservation Department (AFCD) on Wednesday that the dog might be euthanised if its owner chose to surrender it, or, alternatively, have it formally classified as a “known...South China Morning Post
BUSINESSAug 19Hong Kong Gold Exchange taps tech strength in joint venture to power gold settlementThe Hong Kong Gold Exchange (HKGX) and TGX Technology have launched a joint venture to build a “secure, stable and internationally competitive” gold trading and clearing platform, as the city pushes to become a gold trading hub. Hong Kong Gold Exchange Trading System (HKGXTS) would draw on technology partners, including Alibaba Cloud – which backs TGX Technology – and Hundsun Technologies, to deliver the platform, according to a statement issued on Tuesday. Alibaba owns the South China Morning...South China Morning Post
POLITICSAug 19Hong Kong needs a mission for 2049 to focus its 5-year plansHong Kong is formulating its first five-year plan for economic and social development. Such plans are likely to become a regular feature of governance, and will shape how the city allocates land, builds housing and infrastructure, develops industries, trains talent and improves public services. They can also give government departments a common frame for action, rather than leaving them to operate in separate silos. Yet successive five-year plans should do more than set medium-term priorities....South China Morning Post
BUSINESSAug 19Use of yuan hits 6-month high in Hong Kong’s fast-payment systemHong Kong’s fast-transfer payments denominated in yuan surged to a six-month high in July, signalling accelerating adoption of real-time cross-border retail payment channels even as mainland Chinese authorities maintain tight controls on capital outflows. Transaction values through Hong Kong’s Faster Payment System (FPS) for yuan reached 350.3 billion yuan (US$60 billion) in July, marking a 34 per cent increase from February, according to official data published by Hong Kong Interbank Clearing...South China Morning Post
BUSINESSAug 18After years, Macau firm opts out of Hong Kong renewal project, seeks US$153m for siteA North Point redevelopment site is being put on the market for HK$1.2 billion (US$153 million) after its owner, which spent years assembling the ageing property, warned that redeveloping it could result in losses of as much as 30 per cent. The sale offers a rare glimpse into the difficulties facing private developers in Hong Kong’s urban-renewal drive, where lengthy acquisition periods, financing costs and uncertain returns can undermine projects even as the residential market recovers. Cushman...South China Morning Post
POLITICSAug 18US Democrats rebuke Trump for easing sanctions on Beijing, Hong Kong officialsSeveral top US Democratic lawmakers chided US President Donald Trump on Tuesday for easing sanctions recently on Chinese and Hong Kong officials who, they said, were “complicit in Beijing’s dismantling of Hong Kong’s autonomy”. “We write to express serious concern,” the four-page letter said. “It raises serious questions about the durability of US policy towards Hong Kong that we believe warrant a direct response from the administration.” On July 14, the US allowed its designation of Hong Kong...South China Morning Post
HEALTHAug 18Infertility may affect 79.6 million women by 2036, posing challenge for Hong KongGlobal infertility cases among women aged 35 to 49 will rise by nearly 50 per cent over the next decade, reaching 79.64 million, a study shows, posing a major public health challenge for Hong Kong as delayed childbearing becomes increasingly common. The study, co-led by the University of Hong Kong (HKU) and shared on Tuesday, said the city’s average maternal age was among the world’s highest and called for stronger fertility education and earlier reproductive planning rather than a primary focus...South China Morning Post
BUSINESSAug 1882% of Chinese firms eye overseas growth, with Hong Kong top service support choiceMore than 80 per cent of surveyed mainland Chinese companies plan to grow their overseas presence, with Hong Kong listed as their top choice for a professional services platform to support expansion, the Trade Development Council (TDC) has found. The council’s survey, published on Tuesday, also showed that about 94 per cent of respondents were eyeing countries in the Belt and Road Initiative for expansion. The initiative refers to Beijing’s ambitious global infrastructure and trade programme,...South China Morning Post
POLITICSAug 18Hong Kong court orders defunct Apple Daily to pay HK$1.5 million over defamatory articlesA Hong Kong court has ordered the defunct Apple Daily newspaper to pay HK$1.5 million in damages to a listed company and two senior executives over 10 defamatory articles that accused them of spying on the city’s pro-democracy activists at Beijing’s behest. In a written judgment delivered on Tuesday, the High Court ruled against former media boss Jimmy Lai Chee-ying’s flagship publication after the outlet – taken over by liquidators following a government petition in 2021 – presented no evidence...South China Morning Post
POLITICSAug 18Create judge training pathway to tackle Hong Kong courtroom delays: think tankHong Kong should establish a full-time training pathway for top law graduates to become judges, helping to expand the local judicial talent pool and ease courtroom delays, a think tank founded by Executive Council member Ronny Tong Ka-wah has proposed. POD Research Institute founder Tong also said on Tuesday that reducing waiting times for a court date would ensure the rule of law was upheld and safeguard human rights. The think tank noted that the vacancy rate among judges and judicial officers...South China Morning Post
BUSINESSAug 18Hong Kong 5-year plan should have Northern Metropolis tax breaks, listing reforms: HKICPAThe Hong Kong Institute of Certified Public Accountants (HKICPA) has urged the government to introduce tax incentives to help develop the Northern Metropolis and to improve the stock exchange’s listing regime to further cement the city’s role in international finance. The organisation’s submission for Hong Kong’s first five-year plan asked the government to consider tax incentives for investors who fund start-ups based in the Northern Metropolis, said Stephen Law Cheuk-kin, president of the...South China Morning Post
WORLDAug 18Hong Kong’s population edges up 0.3% but births fall below 30,000 for first timeHong Kong’s population rose slightly by 0.3 per cent year on year to more than 7.5 million by mid-2026 but the number of babies born fell by 15.6 per cent to below 30,000 for the first time on record, despite government incentives to boost the birth rate. The government on Tuesday attributed the slight population increase to “various measures for talent attraction and labour importation” that continued to bring people from around the world to Hong Kong, which offset the impact of natural...South China Morning Post
WORLDAug 18Hong Kong customs arrests 10 over HK$56 million cannabis haul bound for Europe, AfricaHong Kong customs has arrested 10 people and seized suspected cannabis buds worth an estimated HK$56 million (US$7 million) in a month-long operation targeting a syndicate accused of smuggling the drug from Southeast Asia to Europe and Africa via the city. Code-named Fire Mesh, the operation ran from July 13 to Monday this week and resulted in the seizure of about 240kg (529lbs) of cannabis buds, the Customs and Excise Department said on Tuesday. “We targeted transit baggage from Southeast Asia...South China Morning Post
BUSINESSAug 18Chinese treasury futures launch cements Hong Kong as premier yuan hubWhen the Hong Kong stock exchange launched five-year China government bond futures on August 3, it did more than simply expand the city’s derivatives product suite. As the only China government bond futures in the offshore market, the contract deserves attention as it finally gives international investors an exchange-traded tool to hedge against yuan interest rate exposure, strengthening Hong Kong’s ability to price yuan assets, manage risk and serve global investors. The launch comes as the...South China Morning Post
HEALTHAug 18Hong Kong scrambles to contain cholera outbreak in 1961 – from the SCMP archiveThis article was first published on August 18, 1961. Hong Kong declared infected area Authorities adopt strict measures against cholera Stringent health measures to protect Hong Kong have been taken following the confirmation yesterday (August 17, 1961) of four cases of cholera and the declaration of the Colony as an infected area. There have been two deaths from the disease and another suspect has been admitted to Lai Chi Kok Hospital. Mobile teams of health inspectors with police officers have...South China Morning Post
BUSINESSAug 18Hong Kong’s dim sum bond market hits new heights as State Grid deal draws record ordersHong Kong’s offshore yuan bond market has seen another record-breaking deal – the largest single issuance by a Chinese state-owned enterprise – underscoring the growing appeal of the city’s dim sum bond market. State Grid Corporation of China raised 14.9 billion yuan (US$2.2 billion) through offshore yuan-denominated bonds, known as dim sum bonds, according to a statement on Monday from Bank of China, which acted as a joint global coordinator for the deal. The offering comprised 3.9 billion yuan...South China Morning Post
WORLDAug 18Hong Kong aiming to revamp heat - stress warning system by end of this monthscmp.com · China
WORLDAug 18Hong Kong aiming to revamp heat-stress warning system by end of this monthHong Kong’s labour minister has said authorities aim to complete a revamp of the city’s heat-stress warning system by the end of this month, following criticism that the alert level was not increased during record-breaking temperatures. Secretary for Labour and Welfare Chris Sun Yuk-han said on Tuesday that changes to the Heat Stress at Work Warning system would require thorough preparatory work at several levels. This included setting the system’s activation thresholds and determining how...South China Morning Post
BUSINESSAug 18How Hong Kong infrastructure, AI firms are tapping Malaysia’s growth prospectsHong Kong infrastructure and artificial intelligence (AI) firms are well placed to capitalise on a surge of expansion opportunities in Malaysia, but unlocking this potential will require cultural sensitivity and adapting to local market dynamics, industry insiders have said. The remarks follow the recent opening of Hong Kong’s new Economic and Trade Office in Kuala Lumpur to bolster bilateral ties, coinciding with Malaysia’s New Industrial Master Plan 2030, which aims to advance the country’s...South China Morning Post
BUSINESSAug 17Is Hong Kong’s property market recovery running out of gas? UBS flags 4 risksThe Hong Kong property market’s recovery is forecast to moderate in both prices and rents in the coming months as disruptions brought about by artificial intelligence, slower population inflows and other factors are likely to impact the upturn, according to UBS. The Swiss investment bank said that in addition to AI and slower population growth, the city’s residential market could also be affected by the deepening integration of the Greater Bay Area, as well as incoming supply of new homes in the...South China Morning Post
BUSINESSAug 17Opatra London distances itself from Hong Kong firm over deceptive sales allegationsUK-based beauty chain Opatra London has distanced itself from a Hong Kong distributor accused of using “deceptive sales practices”, even after the local branch said it offered to refund about a quarter of a HK$60,000 (US$7,650) shopping bill on skincare products. The company said on Monday night that it deeply regretted if any customers had a “distressing experience associated with our brand”, and revealed it had initiated an independent review of the local distributor. The move came after local...South China Morning Post
BUSINESSAug 17Hong Kong exchange extends CEO Bonnie Chan’s term for 3 more yearsHong Kong Exchanges and Clearing (HKEX) has extended the tenure of CEO Bonnie Chan Yiting for another three years amid the bourse’s aggressive push to enhance its international competitiveness. The tenure of the 57-year-old Chan, the first woman to serve as CEO of the city’s exchange operator, will be renewed from March 1, 2027, to February 28, 2030, according to an exchange filing on Monday evening. “Bonnie has led HKEX Group with vision, purpose and distinction,” said Carlson Tong, HKEX...South China Morning Post
WORLDAug 17Unleashed 60kg dog runs amok, fatally mauls poodle, bichon frise in Hong KongA large unleashed dog has fatally mauled two smaller pets in separate attacks within 20 minutes in Hong Kong, but authorities have yet to determine whether it is microchipped, as the animal remains too “aggressive” to handle. Police on Monday said the first attack occurred at 3pm near the taxi rank at the Yoho Mall car park in Yuen Long, where a 58‑year‑old man was walking his brown miniature poodle. His 17‑year‑old, 5kg poodle was suddenly chased and mauled by a 60kg (132lbs) large brown dog of...South China Morning Post
SCI & TECHAug 17Hong Kong halves environmental impact review times with AI in efficiency driveHong Kong authorities have slashed the time required for environmental impact assessments by up to half using artificial intelligence, with an official saying that AI adoption reduced wait times for some public services by up to 90 per cent. The first batch of 30 projects aimed at enhancing efficiency was announced on Monday. It involves 13 government departments, covering transport and food business licensing, leisure and sports facilities, environmental hygiene, complaint handling, and...South China Morning Post
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