GLOBEALERT

Feed

Open sources, classified and cross-checked. 889+ stories.

BUSINESSJul 16Short-haul tourist arrivals fall 15% amid strong Hong Kong dollar, fewer flightsHong Kong’s short-haul visitor arrivals plunged by 15 per cent in June despite an overall growth in traffic, as higher fuel costs linked to the Middle East conflict reduced flight capacity and weaker regional currencies dampened travel demand, tourism authorities have said. The Hong Kong Tourism Board said on Thursday that the city received 3.72 million visitors last month, up by 7 per cent from a year earlier, driven largely by a 10 per cent rise in mainland Chinese arrivals to 2.88...South China Morning Post
BUSINESSJul 16Baidu to upgrade Hong Kong listing to primary statusSeeking Alpha Tech
WORLDJul 16Mainland schools for Hong Kong pupils beat city average in university entrance examsTwo of the four schools in mainland China whose students can take Hong Kong’s university entrance exams as school candidates have said that most of their pupils passed the core subjects, beating the citywide average. The four schools in the Greater Bay Area are the only institutions on the mainland approved by the Hong Kong Examinations and Assessment Authority to register their students as candidates for the Diploma of Secondary Education (DSE) exams. Students pursuing the curriculum elsewhere...South China Morning Post
WORLDJul 16Senior Hong Kong policeman convicted for molesting clerk 3 times at headquartersA senior Hong Kong police officer has been convicted of indecently assaulting a subordinate on three occasions at the force’s headquarters in Wan Chai, with one of the incidents taking place at a work party in full view of several colleagues. Senior Superintendent Ian Chow Ngai-kong, 51, was found guilty by West Kowloon Magistrate Vivian Ho Wai-han on Thursday, after she dismissed the defendant’s testimony and ruled that his attempt to characterise their interactions as an affair was...South China Morning Post
BUSINESSJul 16Hong Kong set to invite ride-hailing firms to apply for licences in AugustHong Kong authorities plan to invite ride-hailing platforms to apply for operator licences as early as next month and will begin approving them in batches from the end of November, the city’s transport minister has said. Secretary for Transport and Logistics Mable Chan laid down the timeline on Thursday as lawmakers completed the negative vetting process to approve the subsidiary legislation for the ride-hailing regulatory regime. “In August, we will invite ride-hailing platform companies to...South China Morning Post
BUSINESSJul 16Cafe de Coral, in 1986, becomes first Hong Kong food chain to go public – SCMP archiveThis article was first published on July 17, 1986. Cafe de Coral the live wire in quiet market by John Mulcahy Fast-food counter Cafe de Coral hit the boards yesterday (July 16, 1986), trading up to $1.35 and recording the biggest volume of the day. Although 16.6 million Cafe de Coral shares traded, at a total value of $22.08 million, this was about all the excitement the market could muster, as it took a breather after some hectic activity on Monday and Tuesday. Another talking point was Yeo...South China Morning Post
POLITICSJul 16Hong Kong police raid two bookstores, arrest five peopleFive booksellers have been arrested in Hong Kong over the sale of allegedly "seditious" publications. Two bookstores have become the latest target in a continued crackdown on independent bookshopsDW News [en]
BUSINESSJul 16Alibaba and Baidu shares jump in Hong Kong on Apple AI partnershipThe technological rivalry between China and the U.S. has intensified, as they race for AI dominance.CNBC
BUSINESSJul 16Mainland China funds increase stakes in Hong Kong biotech amid surge of licensing dealsA growing number of mainland Chinese institutional fund managers have built up stakes in Hong Kong-listed biotechnology stocks over the past month, drawn by attractive valuations amid a surge in cross-border licensing deals in the sector. China’s largest mutual fund manager, E Fund Management, has taken a 7 per cent stake in gene-editing biotechnology firm Biocytogen Pharmaceuticals, buying additional 91,500 shares in the Beijing-based firm at an average price of HK$46.90 each on July 2,...South China Morning Post
DISASTERJul 16Hong Kong suspends classes as red rainstorm warning issuedHong Kong suspended classes on Thursday morning after the city’s weather forecaster issued a red rainstorm warning. The Education Bureau said students attending morning and whole-day schools were not required to go to class after the signal was raised at 7.40am. Schools should nevertheless keep their premises open to care for students who have already arrived, the bureau added. The Hong Kong Observatory warned that further rainfall could cause, or might have already caused, serious road...South China Morning Post
SCI & TECHJul 15DSE exam success: Hong Kong’s top scorers share their revision secretsSetting a timer to take a short break after every 25 minutes of study, compiling a “mistakes booklet” to learn from past errors and using artificial intelligence to boost English skills are among the strategies used by top scorers in this year’s university entrance exam in Hong Kong. However, some of the 24 high achievers of this year’s Diploma of Secondary Education (DSE) exams said they would not rely too much on AI as this would prevent them from genuinely absorbing the knowledge. Wong...South China Morning Post
WORLDJul 15 DWT pro Gleb Savchenko claims ex - wife illegally moved their children to Hong KongA professional dancer from 'Dancing With The Stars' claims his ex-wife illegally moved their children to Hong Kong. This concerns a personal legal dispute involving a public figure.news3lv.com · United States
WORLDJul 15 DWT pro Gleb Savchenko claims ex - wife illegally moved their children to Hong KongProfessional dancer Gleb Savchenko alleges his ex-wife illegally relocated their children to Hong Kong. This is a personal and legal dispute involving family.wgxa.tv · United States
POLITICSJul 15Hong Kong booksellers arrested for allegedly selling seditious booksHong Kong was once known for its freedom of publication, but political changes have created a challenging environment for independent bookstores.NPR News
WORLDJul 15Hong Kong woman guilty of throwing faeces onto air con, damaging security cameraA woman accused of splashing excrement onto a neighbour’s air conditioner and damaging their security camera in Hong Kong has been found guilty of criminal damage by throwing offensive matter onto private property. Suen Siu-fong, a 59-year-old housewife, was convicted of both charges at Eastern Court on Wednesday following a trial. The court heard that a security camera had been installed on a 15th-floor corridor of a residential building in Shau Kei Wan on May 31 last year. Footage shows Suen...South China Morning Post
WORLDJul 15Nearly blind student among Hong Kong’s top DSE scorers who plan careers giving backSeveral top scorers in Hong Kong’s university entrance examinations overcame personal adversity to achieve their exceptional grades, with an almost entirely blind student vowing to become a legal advocate for the vulnerable and four others driven to study medicine by the trauma of childhood illnesses and witnessing friends suffer. Sixth Form students across the city received their results for the Diploma of Secondary Education (DSE) exams on Wednesday. Of the 24 top scorers, 20 planned to study...South China Morning Post
POLITICSJul 15Hong Kong police raid 2 indie bookstores, arrest several over national securityHong Kong police arrested multiple people and seized books during a raid on two independent bookshops on Wednesday, the South China Morning Post has learned. A source told the SCMP that national security police searched Have a Nice Stay bookshop in Prince Edward and Greenfield Book Store in Mong Kok. Officers seized books and made multiple arrests during the operation. Both shops are independently owned and focus on books related to the humanities. They have not taken part in the city’s annual...South China Morning Post
BUSINESSJul 15Hong Kong airport profit falls 16.8% to HK$2b as expenses, salvage operation biteHong Kong’s airport has reported a 16.8 per cent decline in net profit to HK$2 billion (US$255.16 million) for the 2025-26 financial year, with the management citing a significant rise in expenses driven by the third runway’s operating costs and last year’s aircraft salvage operation. In its annual report released on Wednesday, the operator of Hong Kong International Airport (HKIA) said revenue grew 11 per cent year on year to HK$18 billion for the period ending March 31. Passenger throughput,...South China Morning Post
BUSINESSJul 15Will diversification restore Hong Kong IPO title ? Think tank maps out planA think tank is proposing a plan to assess if diversification can help Hong Kong regain its leading position in IPOs. This discusses strategic economic planning for a financial center.scmp.com · China
BUSINESSJul 15Will diversification restore Hong Kong’s IPO title? Think tank maps out planHong Kong needs to diversify the source of its listed companies and investors if it is to reclaim its recently lost crown as the world’s top initial public offering (IPO) venue, according to a government think tank. “Hong Kong should continue to find ways to diversify both its listing issuers as well as potential future investors,” said Benjamin Hung Pi-cheng, chairman of the Financial Services Development Council (FSDC), at a media briefing on Wednesday. “That form of diversification enhances...South China Morning Post
WORLDJul 15Hong Kong Book Fair: early birds slam chaotic queues to meet girl band CollarHundreds of eager visitors queued up overnight for the opening of the Hong Kong Book Fair on Wednesday, but some slammed organisers for chaotic crowd control measures. The primary draw for many in the overnight queue outside the Convention and Exhibition Centre was an autograph session with popular local Cantopop girl group Collar, but the queue system sparked heavy criticism. Among the frustrated early birds was Lucas Wong, a 15-year-old student who arrived at around 2am in the hopes of buying...South China Morning Post
POLITICSJul 15Hong Kong to fast-track border crossing upgrades as Legco gears to approve billHong Kong authorities have pledged to fast-track renovation, equipment installation and testing at an upgraded border checkpoint as the legislature prepares to approve the Huanggang Port bill this week, pending an opening date. Secretary for Security Chris Tang Ping-keung said the Huanggang Port Hong Kong Port Area Bill, which provides the legal basis for implementing a co-location arrangement at the border crossing, must be approved by July 31 to allow the city to exercise jurisdiction once the...South China Morning Post
BUSINESSJul 15Vietnam jeweller rattled by ex-official’s arrest over India-Hong Kong gem-smuggling ringPhu Nhuan Jewellery, Vietnam’s largest listed jeweller, is facing a crisis of confidence after police detained the former head of its gem certification subsidiary over his alleged links to a transnational diamond-smuggling ring. Shares in PNJ, as the company is known, have plummeted more than 25 per cent since news of the investigation broke in early July. Police accuse Dang Ngoc Thao, the former director of wholly owned unit PNJ Laboratory, of involvement in a criminal network that allegedly...South China Morning Post
DISASTERJul 15Hong Kong issues amber rainstorm warning, urges public to take precautionsThe Hong Kong Observatory issued an amber rainstorm warning at 10.05am on Wednesday and urged residents to take precautions such as staying away from watercourses. The forecaster warned that widespread heavy rain could affect Hong Kong in a couple of hours and that intense gusts could continue to affect the city. It told residents to stay vigilant during the adverse weather. “This means that heavy rain has fallen or is expected to fall generally over Hong Kong, exceeding 30mm in an hour, and is...South China Morning Post