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BUSINESSJul 24Hong Kong exchange’s biggest reform in 8 years opens gates to more IPOsStock exchange operator Hong Kong Exchanges and Clearing (HKEX) will allow all listing applications to remain confidential and will reduce market-capitalisation requirements for listings by start-ups and international firms immediately, it announced on Friday. Confirming a report by the South China Morning Post, HKEX will proceed with confidential filing as it proposed in March in its biggest set of listing reforms since 2018. The exchange will also reduce the market-cap requirements for...South China Morning Post
DISASTERJul 24Woman arrested over power theft after Hong Kong flat fire kills 5 petsA Hong Kong woman has been arrested for allegedly stealing electricity after a fire broke out in her Mong Kok flat, killing three cats and two dogs. Investigators said on Friday that the 56-year-old, surnamed Chan, had left her Tung Choi Street flat at about 6pm the previous day with the air conditioner running. The flat was believed to have caught fire due to a short circuit. She was apprehended after checks by power supplier CLP revealed irregularities in the flat’s electricity supply. Police...South China Morning Post
WORLDJul 24Thousands of fans throng 5-day animation, comics and games fair in Hong KongThousands of visitors have flocked to an animation, comics and games fair in Hong Kong, drawn to Hello Kitty plush toys, Spider-Man figurines and spinning top contests, among other collectibles and interactive activities. The five-day Ani-Com & Games Hong Kong fair opened on Friday at the Hong Kong Convention and Exhibition Centre in Wan Chai, with many attendees seeking to buy limited-edition merchandise arriving early in the morning before opening hours. The first visitor to enter this year’s...South China Morning Post
WORLDJul 24Monkeying around disrupts Hong Kong MTR services for second day in rowA monkey caused fresh disruption to Hong Kong’s rail services on Friday morning after it was spotted on the tracks in Tsuen Wan station, a day after a similar incident during peak hours. At 10.03am, the MTR Corporation said services on the Tsuen Wan line had to be adjusted after a monkey entered the track area, advising passengers to allow extra time for their journeys. A photo released by the railway operator showed the monkey sitting on the tracks, facing dozens of passengers on the...South China Morning Post
DISASTERBREAKINGJul 24Typhoon Noul to come closest to Hong Kong late Saturday into SundaySouth China Morning Post
POLITICSJul 24Hong Kong must wake up to the cold hard geopolitics of AIOfficials talking about artificial intelligence (AI) often speak in terms of the next industrial revolution or existential risks. Such rhetoric ultimately does little to capture how AI filters into the ordinary workings of a city like Hong Kong. The geopolitics of AI are no longer abstract. They are beginning to shape who can use which tools – and on what terms. Over the past few months, two major international banks in the city have reportedly felt the impact. Anthropic’s Claude, a generative...South China Morning Post
WORLDJul 24Chinese nationals plead guilty to illegally shipping turtles from US to Hong KongTwo Chinese nationals pleaded guilty to shipping more than 500 turtles to Hong Kong in violation of American wildlife law, the US Department of Justice said on Thursday. Kin Keung Ho pleaded guilty on Thursday while Lihua Owen Ma pleaded guilty to a similar charge on July 1. Both are residents of Staten Island, one of the five boroughs of New York City. “During the plea hearing, the government proffered that Ho shipped approximately 99 packages containing 578 turtles,” the agency said. “Ho...South China Morning Post
WORLDJul 23How scholar Ackbar Abbas changed the way people thought about Hong KongAckbar Abbas, a Hong Kong-born scholar whose influence extended beyond academia to shape artists, filmmakers, writers and many others, died on July 13 at the age of 84 after a brief battle with cancer. Over decades of teaching at the University of Hong Kong (HKU) and the University of California, Irvine (UCI), Abbas did not simply analyse Hong Kong – he altered the way Hong Kong could be described. His 1997 book Hong Kong: Culture and the Politics of Disappearance was particularly influential....South China Morning Post
POLITICSJul 23US sanctions on 39 Hong Kong , mainland Chinese officials will remain in place : RubioSenator Rubio stated that US sanctions on 39 officials from Hong Kong and mainland China will remain in place. This signals a continuation of US foreign policy pressure on China.scmp.com · China
WORLDJul 23Man held as mainland Chinese dental centre in Hong Kong raided amid promotionsHong Kong police have arrested a 72-year-old local man for allegedly practising dentistry illegally at a shop used by a mainland Chinese dental clinic to promote its business in the city, following calls from the local industry for tighter regulatory oversight of such activities. The arrest was made during a joint operation conducted by police and the Department of Health on Thursday at a shop on 37 King’s Road in North Point. The shop had been used to advertise a mainland clinic’s services,...South China Morning Post
WORLDJul 23Hong Kong high-speed rail link sets record as passenger trips top 16m in 6 monthsHong Kong’s cross-border high-speed rail link carried more than 16 million passengers in the first six months of the year – the highest since its debut in 2018 – prompting the introduction of new facilities to meet demand. The MTR Corporation, which operates the 26km Guangzhou-Shenzhen-Hong Kong Express Rail Link, said on Wednesday that patronage rose by more than 10 per cent year on year to over 16 million in the first six months, with average daily trips exceeding 92,000. The company said...South China Morning Post
POLITICSJul 23Hong Kong’s competition watchdog tightens tender clauses to target bid-riggingHong Kong’s competition watchdog has revised its tender clauses to require bidders make a statutory declaration they have not engaged in collusion on a project, as part of a wider move to criminalise bid-rigging following the city’s deadliest fire in decades. Senior Counsel Jat Sew-tong, chairman of the Competition Commission, also said on Thursday the body was considering proposing to raise the maximum penalty for the proposed criminal offence from seven to 10 years. Tendering practices came...South China Morning Post
POLITICSJul 23US sanctions on 39 Hong Kong, mainland Chinese officials will remain in place: RubioUS Secretary of State Marco Rubio has said that there will be no change to the remaining sanctions on 39 Hong Kong and mainland Chinese officials in the “near future”, while acknowledging the issue came up in a meeting with Foreign Minister Wang Yi. Rubio, Washington’s top diplomat, also said on Thursday that US President Donald Trump had allowed a national emergency declaration on Hong Kong to expire last week after determining that the “circumstances had changed”, though he did not elaborate...South China Morning Post
WORLDJul 23Herzog & de Meuron makes second donation to Hong Kong’s M+ museumInternational architecture firm Herzog & de Meuron, which built Hong Kong’s M+ museum and the National Stadium in Beijing, has donated a second collection of models, sketches and drawings to the art institution in the West Kowloon Cultural District. The M+ said on Thursday that the more than 200 archival items follow an initial donation in 2023, when the architecture firm, headquartered in Switzerland, gave the museum a section model of the National Stadium. In addition to designing the stadium,...South China Morning Post
BUSINESSJul 23Path opened for Malaysian firms to pursue secondary share listings in Hong KongHong Kong is reaping rewards from a charm offensive with Malaysia as it works to enhance its attractiveness to global fundraising activities, with deals reached on Thursday during a visit to the Southeast Asian country by the city’s financial services secretary. Bursa Malaysia will become the 21st stock exchange recognised by the city’s bourse operator Hong Kong Exchanges and Clearing (HKEX), clearing the way for Malaysia-listed companies to pursue secondary listings in Hong Kong, according to...South China Morning Post
BUSINESSJul 23Hong Kong Disneyland rolls out afternoon tickets, extra cooling to beat the heatHong Kong Disneyland Resort has introduced a discounted afternoon ticket and expanded its cooling facilities to help minimise operational disruptions arising from hot weather and heavy rain over the summer. The theme park on Lantau Island on Thursday unveiled a “Summer Chill” 4pm entry ticket for Hong Kong residents, priced at HK$480 (US$61), allowing guests to enter later in the day to avoid the hottest hours or periods of heavy rain. The park said it had also stepped up weather adaptation...South China Morning Post
POLITICSJul 23Hong Kong police officers lose appeal over framing homeless man, evidence cover-upFour disgraced Hong Kong police officers have lost their appeal against convictions and jail terms for framing a homeless man for drug possession and destroying evidence of the cover-up six years ago. In a written judgment on Thursday, the Court of Appeal said the officers must have intended to pervert the course of justice when they tried to obstruct surveillance cameras while colleagues fabricated evidence against a street sleeper during an anti-drug operation on February 4, 2020. The three...South China Morning Post
SCI & TECHJul 23Hong Kong gears up for city’s first test run of fully driverless vehiclesHong Kong has approved a trial scheme for fully driverless autonomous vehicles, with the technology to be tested on Airport Island without a person at the wheel as a backup for the first time. The Transport Department announced on Thursday that it had expanded the scope of a pilot licence for autonomous vehicle trial schemes in North Lantau, after concluding that earlier remote-operation tests had met safety requirements. “We are pleased to confirm that the autonomous vehicle tests have been...South China Morning Post
WORLDJul 23Hong Kong thwarts teenage autistic graffiti menace | Big Lychee , Various SectorsHong Kong authorities have reportedly addressed an issue involving a teenage autistic individual engaged in graffiti. This appears to be a local incident concerning public order.biglychee.com · China
DISASTERJul 23Hong Kong mechanic dies after being crushed under busA Hong Kong mechanic died earlier this week after being crushed by a 28-seater bus while he was inspecting its undercarriage, police revealed on Thursday. The force said a colleague of the victim had contacted police at 3.45pm on Tuesday about the incident, which took place in a garage on Tin Ha Road in Tin Shui Wai. Police said the deceased, a 52-year-old man surnamed Leung, managed to climb out from underneath the vehicle but was found in an unconscious state with multiple injuries when...South China Morning Post
POLITICSJul 23Ex-Hong Kong opposition leader reportedly denied UK entry, faces deportationA former Hong Kong opposition leader has reportedly been denied entry to the United Kingdom and faces deportation back to the city after seeking residence using his British National (Overseas) passport, according to local media. The Times reported on Thursday that Wu Chi-wai was refused entry and told he would be deported, citing his friends. Wu had served a sentence of four years and five months in a landmark subversion case and was released from a Hong Kong prison in late June. If confirmed,...South China Morning Post
POLITICSJul 23Time for deeper, detailed exchanges between Hong Kong and mainland Chinese courtsOne of the main features of the “one country, two systems” principle is that, despite our physical proximity, Hong Kong has a very different set of laws from those of mainland China. Very often, we talk about our differences when explaining the system to one another. But at heart, both legal systems seek to deliver justice in real-life situations. Indeed, our connections with the Chinese mainland, in particular the Greater Bay Area, are growing closer every day. Many economic and commercial...South China Morning Post
DISASTERBREAKINGJul 23Philippines storm may intensify into typhoon, approach Hong Kong this weekendSouth China Morning Post
WORLDJul 23Monkey business on Hong Kong MTR tracks slows rush-hour trainsA monkey disrupted peak-hour train services in Hong Kong for nearly an hour on Thursday morning after straying onto the tracks near a busy MTR station. Rail operator MTR Corporation said an animal had made its way onto the tracks near Kowloon Bay station, prompting Kwun Tong line trains to run at reduced speeds. While train frequency was unaffected, overall journey times increased by five to eight minutes. Passengers were advised to allow extra travel time. Police said they received a report at...South China Morning Post
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