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WORLDJul 20Dim sum and bubble tea at 3am: football fans pack Hong Kong malls for World Cup finalHong Kong football fans swapped their living rooms for shopping centres to watch the World Cup final, enjoying dim sum, snacks and milk tea as vendors set up pop-up stands beside giant screens. At around 3am on Monday, crowds filled all three floors of Tuen Mun Town Plaza for the match between Spain and Argentina. Cheers erupted as Lionel Messi and Lamine Yamal appeared on a 540-inch screen, building to a crescendo when Spain clinched victory. Families with children and elderly fans were among...South China Morning Post
BUSINESSJul 20Is Hong Kong doing enough to lose its top spot for expensive housing?Hong Kong has come out on top again, but not in a good way. After earning the distinction of having the highest petrol prices in the world, we have again been named the world’s priciest residential property market in the “Mapping the World’s Prices” report released by Deutsche Bank. We managed to keep our top spot despite a 10 per cent drop in property prices from pre-pandemic levels. Naturally, this is not something Chief Executive John Lee Ka-chiu will be blowing his horn about. Generations of...South China Morning Post
POLITICSJul 20Hong Kong prepares for sweeping reforms following end of Tai Po blaze inquiryHong Kong authorities are set to roll out sweeping reforms following the conclusion of the investigation into the city’s deadliest fire in decades, including criminalising bid-rigging and overhauling fire safety and property management laws. Political observers also expected senior officials, including ministers, to take accountability for the blaze once the committee submits its report, which sources said would be delayed by a month to late October due to the extra time needed to review...South China Morning Post
DISASTERBREAKINGJul 20Hong Kong issues red rainstorm warning, urges schools to ensure students’ safetyHong Kong’s weather forecaster downgraded the red rainstorm warning to amber on Monday morning, but warned that unsettled weather would continue to affect the city over the next day. The Hong Kong Observatory reissued the amber rainstorm warning at 9.30am, nearly 1½ hours after raising the red signal at 8.05am. Authorities earlier urged schools to implement contingency measures to ensure students’ safety while the red rainstorm warning was in force. “Schools which are in session should continue...South China Morning Post
POLITICSJul 19Hong Kong’s 5-year plan will shore up market with governance and visionHong Kong’s decision to introduce its first five-year plan has prompted familiar questions. Does this signal greater government intervention at the expense of the free market? Will it make Hong Kong’s development model more similar to that of the mainland? Could it overlap with the annual policy address and budget? And without detailed key performance indicators, might it become little more than a symbolic document? These concerns deserve a serious response. For Hong Kong, the purpose of a...South China Morning Post
WORLDJul 19Hong Kong tourist left in coma after quad bike accident in JapanAn elderly Hong Kong tourist has been left in a coma after falling from a quad bike in Japan. The Immigration Department said on Sunday that it had been in contact with the Chinese foreign ministry’s arm in Hong Kong and the Chinese consulate in Fukuoka to understand the situation after receiving a request for help from the woman’s family. It added that it was also providing support. The accident reportedly occurred at around 11am on Saturday, when a group of six tourists – including the...South China Morning Post
POLITICSJul 19Is the end of US sanctions on some Hong Kong officials an olive branch?Washington’s decision to end sanctions on nine Hong Kong and mainland Chinese officials, including Secretary for Justice Paul Lam Ting-kwok and two national security staffers, is an olive branch from the US to China to improve relations after their two presidents met in May, political observers have said. They and legal experts said the lifting of sanctions on the nine individuals marked a “friendly gesture” and was “significant”, but little had changed for dozens of others whose sanctions had...South China Morning Post
DISASTERJul 1910,000 Hong Kong homes face 24-hour wait for water after pipe bursts in Shau Kei WanAround 10,000 homes in Hong Kong’s Eastern district face a 24-hour fresh water supply disruption following a sudden pipe burst, with authorities expecting service to resume on Monday morning. The Water Supplies Department received reports of the disruption in Shau Kei Wan at around 6am on Sunday and immediately deployed staff to investigate. According to a suspension notice issued by the department in the evening, water supply is estimated to resume at 6am on Monday. The affected areas covered...South China Morning Post
POLITICSJul 19Hong Kong to tighten contractor oversight after Tai Po blaze, minister vowsHong Kong’s development minister has vowed to tighten monitoring of contractors and explore harsher penalties for industry misconduct following criticisms that the government’s reliance on their self-supervision was partly to blame for the deadly Tai Po blaze. But Bernadette Linn Hon-ho also defended the current regulatory system, stressing that violations were penalised. “The monitoring system has never been designed to allow the professionals to do whatever they like unchecked. But the...South China Morning Post
SCI & TECHJul 19Hong Kong can serve as a ‘launch pad’ for AI firms, finance chief Paul Chan saysHong Kong should serve as a hub for the commercialisation of artificial intelligence and as a strategic base for mainland Chinese AI companies expanding overseas, the city’s finance chief has said, while noting the risks and challenges of the technology. Financial Secretary Paul Chan Mo-po’s comments followed a speech on Friday by Chinese President Xi Jinping in which he called for artificial intelligence (AI) to be made a key driving force for all countries to promote shared prosperity and...South China Morning Post
POLITICSJul 19U Hong Kong declaration lapses | The Arkansas Democrat - Gazette - Arkansa Best News SourceA declaration concerning Hong Kong has lapsed, as reported by The Arkansas Democrat-Gazette. This event signifies a notable change in the international standing or agreements related to Hong Kong.arkansasonline.com · United States
HEALTHJul 19‘They only eat to sustain life’: how does isolation shape Hong Kong’s elderly diets?In the second of a five-part Health Matters wellness series on ageing in Hong Kong, Lo Hoi-ying examines rising social isolation among the elderly, its serious health risks and how activities and community support are helping seniors stay socially engaged. For Lee Chor-kwan, an 89-year-old living alone in Hong Kong, mealtimes are often lonely. But the highlight of his day is lunchtime, when he visits an elderly care home to eat with his 86-year-old wife, whom he met through an arranged marriage...South China Morning Post
BUSINESSJul 19Global tourism push promotes Hong Kong as city to be ‘felt’ not just seenHong Kong is seeking to promote itself as a city that visitors “feel” rather than merely see under a new global tourism campaign highlighting experiences ranging from mahjong games and tram rides to hidden beaches and Kai Tak Stadium. Tourism Board executive director Anthony Lau Chun-hon told the South China Morning Post on Sunday that the “Only in Hong Kong” campaign aimed to redefine how travellers experienced the city and distinguish it from other destinations. “Moving beyond a place to see,...South China Morning Post
WORLDJul 19Hong Kong police arrest woman, 19, over Kwai Chung bomb hoaxHong Kong police have arrested a 19-year-old woman for falsely claiming to have planted explosives in an office in Kwai Chung, after searches found no suspicious items. Police revealed on Sunday that the arrest was made the day before in Wong Tai Sin, after officers conducting online patrols identified a social media post alleging the presence of explosives in the office. The woman, surnamed Liu, has been detained for investigation, and the force believes the case to be a prank. It reminded the...South China Morning Post
POLITICSJul 19Hong Kong will press ahead with dog-friendly dining despite backlash, pulloutsHong Kong will press ahead with its new dog-friendly dining scheme despite a public backlash and the withdrawal of 11 participating restaurants, the environment minister has said, describing the situation as part of an initial adjustment period. Secretary for Environment and Ecology Tse Chin-wan said on Sunday that authorities would step up inspections and public education to reduce rule violations. The scheme took effect on July 9. “Photos posted by internet users are not fake. These things...South China Morning Post
POLITICSJul 19Hong Kong-based mediation body adds at least 1 more successful case to tallyAn intergovernmental mediation body headquartered in Hong Kong has resolved at least one more dispute since settling a case involving parties from Singapore and mainland China, as the number of signatory states grew to 46 and contracting nations reached 16. Teresa Cheng Yeuk-wah, secretary general of the International Organisation for Mediation (IOMed), also said on Sunday that her organisation had persistently explained its work to parties with “a certain attitude” due to geopolitical...South China Morning Post
POLITICSJul 19Hong Kong’s Legco sets off for Beijing on week-long national affairs study tripHong Kong’s lawmakers have embarked on an unprecedented week-long study visit to Beijing, with the Legislative Council’s president saying the trip would help their work of ensuring the city better aligns with national development. Starry Lee Wai-king on Sunday highlighted the significance of the trip, which marks the first time the entire legislature has travelled to the capital for such a “national affairs study visit”. “It is a good time for lawmakers to gain a first-hand understanding of the...South China Morning Post
BUSINESSJul 19Singapore weighs hedge fund tax cuts to rival Hong KongCity-state frets over portfolio managers relocating to Chinese territoryFinancial Times
BUSINESSJul 19Wealthy European clients eye Hong Kong for family offices, says BNP ParibasBNP Paribas, France’s largest lender and the second-largest in Europe, has found that an increasing number of wealthy European clients are seeking to establish family offices in Hong Kong to capitalise on growing opportunities in the region, according to a banker from the lender. A growing number of wealthy mainland clients were also looking to invest in Europe, said Lemuel Lee, head of wealth management for BNP Paribas in Hong Kong. “The two-way capital flow between Europe and mainland China is...South China Morning Post
BUSINESSJul 19For every dollar invested, we bring in more than 8, Hong Kong investment chief saysOfficial support and collaboration with private capital are critical for sovereign wealth funds to succeed, the head of Hong Kong’s government-owned investment vehicle has said, as she spelled out strategies needed to deliver high returns. At the inaugural Nusa Dua Forum organised by the South China Morning Post and Indonesia’s sovereign wealth fund Danantara in Bali on Friday, Hong Kong Investment Corporation (HKIC) CEO Clara Chan Ka-chai said that partnerships were key to its strong...South China Morning Post
POLITICSJul 19Opinion | Hong Kong 5 - year plan must focus on what the city does bestAn opinion piece argues that Hong Kong's five-year plan should prioritize the city's core strengths. This discusses strategic direction for the city's future development.scmp.com · China
POLITICSJul 19Hong Kong’s 5-year plan must focus on what the city does bestHong Kong has embarked on the path of drawing up its first five-year plan – a significant moment in its history. Hong Kong’s first five-year plan should be more than a local economic blueprint. Properly conceived, it should define how the city contributes to China’s national development while preserving the global connections that make Hong Kong uniquely valuable. Success will depend on three mutually reinforcing pillars – deeper integration with the mainland, seamless connectivity across the...South China Morning Post
BUSINESSJul 19International Business : US lifts some Hong Kong sanctions imposed by TrumpThe U.S. has lifted some sanctions on Hong Kong that were previously imposed by the Trump administration. This represents a change in international business policy.gdnonline.com · United States
BUSINESSJul 19International Business : US lifts some Hong Kong sanctions imposed by TrumpThe United States has lifted some sanctions on Hong Kong that were previously imposed. This change affects international business and trade relations.gdnonline.com · United States
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