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BUSINESSJul 29HSBC to relocate senior executive to Hong Kong amid pivot to Asia: sourcesHSBC Holdings will relocate its group chief people and governance officer, Aileen Taylor, from London to Hong Kong later this year, as the lender doubles down on expanding its Hong Kong and Asia operations, according to sources at the bank. A source told the South China Morning Post that an internal decision to relocate Taylor to Hong Kong had already been made, as part of a push to strengthen the presence of senior executives in Hong Kong – HSBC’s biggest market and its focus of...South China Morning Post
WORLDJul 29How Hong Kong can chart a cycle-friendly courseDuring the opening ceremony of Ride to Shine Hong Kong this month, Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui challenged Hongkongers to cycle more than 1.2 million km – a distance equivalent to circling the Earth 30 times – to commemorate Hong Kong’s 30th anniversary of returning to China next year. Cycling is more than a trend and worth developing. Since the invention of the bicycle, it has been the most energy-efficient form of human-powered transport – including running or...South China Morning Post
BUSINESSJul 29AI boom will sustain Hong Kong’s export surge, lift GDP outlook, economists sayHong Kong’s export surge will extend into the coming months, driven by the global AI boom, economists have told the South China Morning Post, adding that gross domestic product (GDP) growth could surpass official forecasts. Billy Mak Sui-choi, an associate professor at Baptist University’s accountancy, economics and finance department, said global demand for artificial intelligence (AI) remained far from saturated and would continue to drive exports. “No single country has yet been able to...South China Morning Post
POLITICSJul 28Telling Hong Kong judge to retire early is sufficient penalty for plagiarism: expertsTelling a Hong Kong judge found to have plagiarised submissions in his judgments to retire early is a sufficient penalty, as he has already suffered reputational damage and is losing tens of millions of dollars in forgone salary, allowances and pension payouts, legal experts have said. A spokesman for the judiciary confirmed on Tuesday that Justice Wilson Chan Ka-shun would be eligible for early retirement benefits calculated in accordance with his period of service. Chief Executive John Lee...South China Morning Post
HEALTHBREAKINGJul 28Hong Kong parents rush babies for check-ups over infant formula lead scareSouth China Morning Post
HEALTHJul 28Hong Kong drives trials for breast cancer, eye treatments across Greater Bay AreaTwo US-developed treatments for breast cancer and a degenerative eye disease will undergo large-scale clinical trials in the Greater Bay Area in a collaboration involving Hong Kong, Shenzhen and a pharmaceutical start-up founded by a former lawmaker. The agreement was formalised on Tuesday when Health Hope Pharma founder Dr Dennis Lam Shun-chiu signed a memorandum of understanding with the Greater Bay Area International Clinical Trial Institute (GBAICTI) and its Shenzhen counterpart, Greater Bay...South China Morning Post
BUSINESSJul 28Hong Kong Shopping Festival eyes Asean expansion, with Singapore, Malaysia firstAn annual e-commerce shopping festival supporting Hong Kong’s small and medium-sized enterprises will expand into the Asean region for the first time via Singapore and Malaysia, with plans to include other countries in future. The Trade Development Council, the organiser, said on Tuesday that the third edition of the annual Hong Kong Shopping Festival, launching next month, had attracted a record number of local brands across its mainland China and Asean editions this year. The annual festival,...South China Morning Post
BUSINESSJul 28Global Market : Xiaohongshu faces scrutiny over potential Hong Kong IPO plans amid VIE structure disputeXiaohongshu is undergoing scrutiny regarding its potential Hong Kong IPO plans due to a dispute over its VIE structure. This situation could impact the company's market entry and financial strategies.economictimes.indiatimes.com · India
WORLDJul 28Hong Kong steps up support as premium taxi fleets face driver shortageA top Hong Kong transport official has pledged to step up efforts to help the city’s premium taxi fleets recruit drivers, conceding that the number of vehicles on the road remains about one-third below target a year after the scheme was launched. As the five taxi fleets offering premium service marked a year of operations in July, the government said on Tuesday that more than 2,000 fleet taxis and about 2,400 drivers were currently in service. As of the end of May, the five fleets – SynCab, Big...South China Morning Post
BUSINESSJul 28Hong Kong’s Asean charm offensive bags US$1.5 billion Malaysian bond listingHong Kong’s push to draw Southeast Asian companies and markets into its financing orbit has scored a milestone, with the Malaysian government preparing to list a US$1.5 billion Islamic bond in the international financial centre later this week. The dual listing – sold on Bursa Malaysia and Hong Kong Exchanges and Clearing (HKEX) – marks the first concrete result of a visit to Kuala Lumpur led by Secretary for Financial Services and the Treasury Christopher Hui Ching-yu last week. The offering...South China Morning Post
WORLDJul 28Nearly 6½ years’ jail for owner of Hong Kong tutorial centre who molested 5 boysThe owner of a Hong Kong private tutorial centre that ceased operations has been jailed for six years and four months for molesting five boys on the premises and filming some of the offences. The High Court on Tuesday sentenced Yu Hey-tsit for the “despicable and repulsive” acts he committed at the Prime Solid Learning Education Centre in Mei Foo Sun Chuen against the five minors, when they were between seven and 14 years old. A government psychologist attributed Yu’s offences to his upbringing,...South China Morning Post
POLITICSJul 28Hong Kong can learn from Beijing for revamp of public inquiry hotline: lawmakersHong Kong authorities should revamp their public inquiry hotline to better handle residents’ complaints by learning from Beijing’s model, lawmakers have told the chief executive at the first “rules-free and warm-hearted” closed-door dialogue session. While the current Legislative Council term marks the first since the 1997 handover not to hold any formal question and answer session with a city leader before the first summer recess, Chief Executive John Lee Ka-chiu emphasised that the new form of...South China Morning Post
BUSINESSJul 28CATL-backed smart driving tech firm to kick off Hong Kong IPO this week: sourcesNASN Intelligent Tech, a mainland Chinese smart driving motion control technologies company, is seeking to kick off its initial public offering (IPO) in Hong Kong as soon as Thursday, according to people familiar with the matter. The company, backed by battery giant Contemporary Amperex Technology Ltd (CATL), recently passed its listing hearing, signalling it could kick off its book building anytime. Debuts are scheduled for August 7, the sources said, requesting not to be identified as the...South China Morning Post
HEALTHJul 28How early screening saved Hong Kong woman from her family’s liver cancer fateHongkonger Ms Lam has long known she is carrying a ticking time bomb after her mother and grandmother died of liver cancer. Her mother was completely asymptomatic until a late-stage diagnosis left no option for surgery. “I knew I carried the hepatitis B virus when I was in my twenties and had since then undergone regular health check-ups to manage the bomb,” the woman in her fifties recalled. Her regular checks were only disrupted during the Covid-19 pandemic. When she returned for a check-up in...South China Morning Post
BUSINESSJul 28What Hong Kong can learn from Northern Metropolis’ first land tenderHong Kong’s first large-scale Northern Metropolis land disposal tender was designed to test a new public-private partnership model integrating housing, economic transformation and innovation. As the Hung Shui Kiu pilot tender concludes, the market’s response provides insights into investor sentiment and highlights opportunities to strengthen future phases. The key question is how to turn this vision into projects that attract sustained private-sector participation. The tender shows investor...South China Morning Post
DISASTERBREAKINGJul 28Amber rainstorm warning issued in Hong Kong on Tuesday morningThe Hong Kong Observatory issued an amber rainstorm warning on Tuesday morning, warning of unsettled weather over the next few days. The amber warning, issued at 7.15am, means that more than 30mm of rain has fallen in an hour, or is expected to fall generally over Hong Kong and is likely to continue. “Showers will be heavier in some areas [on Wednesday]. The weather will still be unsettled in the following couple of days,” the weather forecaster said. It added that a broad trough of low pressure...South China Morning Post
BUSINESSJul 28Singapore-based investors now the top non-local buyers of Hong Kong office assetsSingapore-based investors have become the largest group of non-local buyers of commercial properties in Hong Kong, drawn by the sizeable correction in the prices of distressed assets amid a slump in the city’s office segment, according to Colliers. The demand from Singapore was likely to remain steady in the coming months, given that the prices of office assets have declined by as much as 50 per cent, according to Thomas Chak, head of capital markets and investment services at the property...South China Morning Post
CYBERJul 27Hong Kong banks in early stages of preparing for quantum computing threats, HKMA saysHong Kong’s banking sector is still in the early stages of preparing for cybersecurity risks posed by quantum computing, the city’s de facto central bank said on Monday as it unveiled a new benchmark to track the industry’s readiness. The Hong Kong Monetary Authority (HKMA) launched its first Quantum Preparedness Index (QPI), which gave the sector a score of 2.3 out of 10, indicating that most banks are still building the foundations for a transition to the quantum era. The index, based on a...South China Morning Post
SCI & TECHJul 27New DNA tracking helps spot rare ‘Tai O fish’ in Hong Kong waters after 10 yearsA Hong Kong academic has used environmental DNA technology to detect the critically endangered Chinese bahaba – commonly known as the “Tai O fish” – in local waters for the first time in more than a decade. Jack Ip Chi-ho, an assistant professor at Lingnan University’s division of science, co-led the study with Wang Junjie, a professor at South China Normal University in mainland China. Together, they developed a genetic identification method capable of detecting traces of Chinese bahaba DNA...South China Morning Post
BUSINESSJul 27Shein Q1 2026 loss : U . S . tariff impact before Hong Kong IPOShein experienced a Q1 2026 loss, attributed to the impact of U.S. tariffs, ahead of its planned Hong Kong IPO.finance.yahoo.com · United States
BUSINESSJul 27AI - driven Demand Sustains Robust Growth of Hong Kong June ExportsHong Kong's June exports show robust growth, driven by demand related to artificial intelligence technologies. This indicates a strong economic performance influenced by AI.jcnnewswire.com · Japan
DISASTERJul 27Hong Kong set for stronger storms and wetter winter this year as El Nino intensifiesHong Kong should prepare for stronger storms and a warmer, wetter winter this year as the current El Nino phenomenon is likely to intensify into a super event, a local green group and a leading meteorologist have said. Typhoons heading for Hong Kong this year were set to grow more powerful, as El Nino raised sea temperatures and provided storms with more moisture and energy, Friends of the Earth (HK) said on Monday. The forecast, which is based on international and local data, came after the...South China Morning Post
POLITICSJul 27Hong Kong High Court judge Wilson Chan told to retire over repeated plagiarismChief Justice Andrew Cheung Kui-nung has told a Hong Kong High Court judge to retire early after reprimanding him for plagiarising submissions in a judgment, describing a series of such incidents as undermining public confidence. The city’s top judge said on Monday that Wilson Chan Ka-shun’s repeated judicial plagiarism had adversely affected the interests of the parties concerned, imposed an unnecessary burden on appellate judicial resources and undermined public confidence in his ability to...South China Morning Post
POLITICSJul 27Ex-Hong Kong opposition leader appeals UK order to leave as he seeks BN(O) routeFormer Hong Kong opposition leader Wu Chi-wai has appealed against the UK government’s decision to grant him only seven days’ temporary admission, requiring him to leave the country by Wednesday, the South China Morning Post has learned. A source said on Monday that Wu had written to the British Home Office asking it to reconsider the decision and could potentially seek a judicial review if the appeal is rejected. “A letter has been sent to the Home Office telling them they have made a mistake...South China Morning Post
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