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BUSINESSAug 13Northern Metropolis: Hong Kong seeks interest in land parcels for logistics hubHong Kong authorities have invited interested parties to submit expressions of interest to develop land parcels set aside for a modern logistics cluster under the Northern Metropolis megaproject. The Transport and Logistics Bureau and the Civil Engineering and Development Department said the sites would meet long-term demand, promote the development of modern logistics and reinforce the city’s position as an international hub for the industry. “Through the [expressions of interest], the...South China Morning Post
HEALTHAug 13McDonald’s Hong Kong pulls shrimp burgers after Taiwan detects antibiotic residueMcDonald’s has temporarily removed its popular Ebi Burger series from its menu in Hong Kong as a “precautionary measure”, following a similar suspension in Taiwan due to food safety concerns, despite the shrimp patties used in the local items coming from a different production batch. Taiwan McDonald’s announced on Thursday morning that it had immediately suspended sales of “Ebi Burger” and “Double Ebi Burger” after an importer notified it the night before that random batch testing on the shrimp...South China Morning Post
POLITICSAug 13Hong Kong woman acquitted of protest-related charges after return from AustraliaA Hong Kong woman who returned from Australia has been acquitted of two charges linked to the 2019 anti-government protests, after a magistrate found insufficient evidence that she was involved in the unrest. Eastern Court ruled on Thursday that prosecutors had failed to prove beyond a reasonable doubt that casino cashier Ami Chan Hui-ching, 21, carried two laser pointers and three bottles of spray paint for illegal purposes on September 8, 2019. Magistrate Edward Wong Ching-yu pointed out that...South China Morning Post
BUSINESSAug 13Hong Kong’s MTR Corp profit more than doubles to HK$15.87 billion on property gainsNet profit at Hong Kong rail operator the MTR Corporation more than doubled to HK$15.87 billion (US$2 billion) in the first half of 2026, from HK$7.70 billion a year earlier, as strong gains from property development offset largely flat performance in its rail and commercial operations. The partly privatised corporation reported a 120.7 per cent year-on-year increase in property-development profit to HK$12.23 billion, driven mainly by projects at Tai Wai Station and The Southside “Package 5” in...South China Morning Post
BUSINESSAug 13Beijing’s offshore insurance tax tests Hong Kong wealth managementFinancial markets have been gripped by concern in recent days over reports that China was introducing a new tax on returns from offshore insurance policies. The significance of the episode could prove more complex than the initial market reaction suggests. According to a report from Caixin, Chinese tax authorities have sought to collect tax on investment returns generated by offshore insurance policies held by mainland residents, with early enforcement cases reportedly emerging in Beijing and...South China Morning Post
WORLDAug 13How Hong Kong can protect manual workers bearing brunt of heatwaveAt a bustling fruit store in Hong Kong’s Causeway Bay, a crowd of workers sporting damp towels around their necks or fan vests buy up chilled drinks to stay hydrated as temperatures hit 32 degrees Celsius (89.6 Fahrenheit) on a busy weekday morning. Soaked in sweat, 29-year-old construction worker Yau is among those buying a litre of water to help beat the heat on Wednesday. “I spend at least HK$100 per day to buy water these days. It is expensive, and I get poor just drinking water to survive...South China Morning Post
SCI & TECHAug 133 mainland Chinese scholars honoured as Future Science Prize returns to Hong KongThree mainland Chinese scientists have won this year’s Future Science Prize, China’s first privately funded award recognising scientific achievement, for breakthroughs in molecular mechanisms, porous materials and arithmetic geometry. The event, being held in Hong Kong for a fourth consecutive year, underscores the city’s growing role as an international hub for scientific development, according to the organiser and Hong Kong’s Secretary for Innovation, Technology and Industry, Sun Dong. “The...South China Morning Post
WORLDAug 13Biology remarking makes DSE student one of Hong Kong’s 25 top scorersA Form Six student has become one of Hong Kong’s top scorers in this year’s university entrance examinations after her biology grade was upgraded following a remarking request, bringing the record-breaking total to 25 students from 16 schools who achieved perfect scores. Sunny Sun Wat-ching, an 18-year-old student at NT Heung Yee Kuk Yuen Long District Secondary School who sat the Diploma of Secondary Education (DSE), originally attained Level 5** in all subjects except biology, in which she had...South China Morning Post
BUSINESSAug 13Hong Kong new frontier : Where Indonesia grows global - EconomyThe article discusses Hong Kong as a new frontier for Indonesia's global economic growth. This focuses on international economic developments and business expansion.thejakartapost.com · Indonesia
POLITICSAug 13Stop mourning Hong Kong. It’s evolving, not dyingHong Kong has changed since the turmoil of 2019-20. Few people would dispute this. The more important question is what kind of city it is becoming. It is evolving into a more nationally integrated yet still distinctive city. The emerging model seeks to combine market dynamism and international connectivity with clearer alignment to national development. This is not decline. It is a search for a viable identity and role. Critics such as Stephen Roach have argued that the Hong Kong of old is...South China Morning Post
BUSINESSAug 13What comes next for Hong Kong as a global financial hub?What will a stronger international financial centre look like for Hong Kong? Doubling down on yuan internationalisation is a key focus, experts say in this second of our five-part series on the city’s first five-year blueprint. Read part one here. With a symbolic press of a button, top officials and securities regulators from Hong Kong and mainland China earlier this month marked a historic moment for the city’s financial markets. The August 3 launch of the first offshore Chinese government...South China Morning Post
BUSINESSAug 13Fubon Bank’s Hong Kong subsidiary opens first mainland China branch in ShenzhenFubon Bank (Hong Kong) has opened its first branch outside its home market, moving into mainland China to tap surging cross-border business opportunities as competition among foreign lenders in the Greater Bay Area intensifies. The branch, located in Shenzhen’s Qianhai financial zone, would initially focus on corporate banking, offering tailored cross-border financing to technology firms and enterprises seeking international expansion, the lender said in an announcement on Tuesday. The move...South China Morning Post
HEALTHAug 12Hong Kong baby food producer recalls pastas over rice weevil scareA Hong Kong baby food producer has voluntarily recalled several products from store shelves as a precaution after parents and online users raised concerns that they might contain rice weevils. Baby Basic said on Wednesday that the recall covered “instant baby congee – konbu salmon”, with an expiry date of June 22, 2027, and three varieties of its “instant rice-shaped pasta”: salmon and cream; tomato and chicken; and vegetable and beef. It also suspended production of all three pasta...South China Morning Post
WORLDAug 12Hong Kong’s subdivided flats are turning into heat traps. But what’s the fix?Retiree Yang Fangxin’s 72 sq ft rooftop home, located on the ninth floor of a 62-year-old building in Sham Shui Po, has become a heat trap under Hong Kong’s scorching hot weather. The temperature in her home was above 40 degrees Celsius (104 Fahrenheit) at around 5pm on Tuesday, higher than the 33 degrees recorded at the Hong Kong Observatory’s monitoring station in the same district. The temperature in her home only dropped slightly to 37.8 degrees after switching on two fans and an air...South China Morning Post
WORLDAug 12Hong Kong college finance chief, wife and contractor held over HK$41m theftThe finance director of a private college in Hong Kong has been remanded in custody on suspicion of embezzling HK$41 million (US$5.2 million) over three years, with his wife and an engineering contractor also denied bail for allegedly handling the illicit proceeds. Ray Yip Kam-chun, 49, appeared in Tuen Mun Court on Wednesday to face a count of theft for allegedly stealing from Hong Kong Chu Hai College in Tuen Mun between December 23, 2022, and January 7 this year. His wife, Ng Ka-man, 49, and...South China Morning Post
CYBERAug 12Paraguay probe into Hong Kong-born crypto exec’s death triggers ‘wrench attack’ warningSouth China Morning Post
WORLDAug 12Hong Kong murder suspect faces retrial after jury deadlocks on psychosis defenceA Hong Kong court has ordered a murder suspect to face a retrial after a jury failed to reach a verdict on whether he committed the crime while suffering from a delusion that authorities were harassing him with electromagnetic waves. The 23-day High Court trial of former software developer Matthew Choi ended with a hung jury on Wednesday. Madam Justice Esther Toh Lye-ping discharged the seven-member panel, saying the case was not so complex as to warrant the jurors, who had debated behind closed...South China Morning Post
WORLDAug 12Hong Kong student arrested over HK$3m scam deceived by same swindlersHong Kong police have arrested a 19-year-old university student accused of swindling more than HK$3 million from a man after apparently being hoodwinked by scammers herself. Inspector Wu Kwan-yu of Tseung Kwan O police district’s intelligence section said on Wednesday that officers arrested the female student the previous day on suspicion of impersonating mainland Chinese public security officials and swindling more than HK$3 million from a local man. “Police urge youngsters to stay vigilant and...South China Morning Post
SCI & TECHAug 12Tech innovator uses AI to rebuild David Webb’s Hong Kong databaseA tech entrepreneur has pledged to rebuild a free database created over nearly three decades by the late Hong Kong corporate governance activist David Webb, bringing it ‘into the modern era” with the help of AI. Keith Li King-wah, co-founder and principal trainer of Allytic AI, announced on his Facebook page on Wednesday that he would rebuild Webb-site’s database of 27 years with the use of artificial intelligence (AI). Webb, who died aged 60 from metastatic prostate cancer in January this year,...South China Morning Post
BUSINESSAug 12Hong Kong stablecoin selection expands with Standard Chartered-led venture’s launchA Standard Chartered-led joint venture kicked off institutional use of Hong Kong dollar-backed stablecoins on Wednesday, a year after the city put its stablecoin law into effect as part of an effort to become a global hub for digital assets. Retail use of the regulated cryptocurrency was expected “as early as end-2026”, subject to market conditions, said Anchorpoint Financial, a Hong Kong-licensed stablecoin issuer, in a statement on Wednesday. A joint venture formed by Standard Chartered,...South China Morning Post
BUSINESSAug 12BTS bump? Hong Kong’s hotels set for bonanza from superstars’ Arirang world tourThe arrival of BTS’s world tour in Hong Kong next year is expected to be a sure-fire hit with the city’s hospitality sector, with hotels likely to see a similar surge in bookings to the one experienced in Seoul earlier this year when the South Korean pop superstars launched their comeback series of concerts, according to analysts. When BTS kicked off their Arirang world tour – their first since completing mandatory military training – in the South Korean capital in April, local hotels recorded a...South China Morning Post
BUSINESSAug 12How Hong Kong can unlock the real value of its Asean trade boomThe Association of Southeast Asian Nations has a role to play in Hong Kong’s plans for its economy. Chief Executive John Lee Ka-chiu signalled as much when he touched on the city’s first five-year plan in his August 7 meeting with Asean Secretary General Kao Kim Hourn. For businesses, however, the central question is not whether Hong Kong-Asean economic ties will continue to grow. They will. The harder question is who will capture the value that growth creates. Asean has been Hong Kong’s...South China Morning Post
WORLDAug 12Snooker star Jimmy White becomes Hong Kong resident through talent schemeSnooker star Jimmy White, known as “The Whirlwind”, has become a Hong Kong resident through an official talent scheme, and has revealed plans to establish a snooker academy in the city to nurture local talent. The Hong Kong Immigration Department announced on Wednesday that the English player recently obtained his identity card and took up residency through the Quality Migrant Admission Scheme, joining fellow stars Judd Trump and Ronnie O’Sullivan. Appearing in a video posted on the department’s...South China Morning Post
POLITICSAug 12Hong Kong student avoids jail for seditious graffiti in commercial complex toiletA Hong Kong student has been spared jail for seditious acts in breach of the domestic national security law, after a court ruled that his good background, young age and the limited impact of his offences constituted “exceptional circumstances”. Leung Kai-lok, 19, is potentially the first person to avoid a custodial sentence for violating the Safeguarding National Security Ordinance, although he was incarcerated for four weeks before sentencing. West Kowloon Court on Wednesday gave the defendant...South China Morning Post
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