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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