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CYBERJul 5Hong Kong must brace for AI bubble risk and quantum computer threat: HKMA chiefHong Kong must brace for the emerging risks of an artificial intelligence (AI) bubble bursting and quantum computers capable of hacking encrypted financial systems, the head of the city’s de facto central bank has warned. Eddie Yue Wai-man, chief executive of the Hong Kong Monetary Authority (HKMA), also said on Sunday that the banking regulator would focus on expanding the internationalisation of the yuan in the next few years. Yue cautioned that the current euphoria surrounding the AI sector...South China Morning Post
WORLDJul 5Hong Kong restaurants spend to welcome furry diners under pet-friendly schemePet strollers, partitions and pre-dining briefings for customers are among the measures Hong Kong restaurants are taking ahead of the launch of a scheme allowing dogs into eateries next week. Dim sum restaurant Old Fung Tea House, with six outlets across the city, is among 833 eateries that will allow dogs to enter starting on Thursday under a policy by the Food and Environmental Hygiene Department aimed at developing the pet economy. Owner Fung Man-kit said he invested about HK$10,000...South China Morning Post
SCI & TECHJul 5Energy transition scientist Chen Peipei leaves Cambridge to build her own lab in Hong KongFor some early-career scientists, the prestige of British academia is being marred by shrinking research funding and a complex geopolitical climate, prompting top-tier talent to look elsewhere for stability and resources. Chen Peipei, who moved from a research associate role at the University of Cambridge to a presidential assistant professorship at City University of Hong Kong in May, said she was drawn by a landscape supportive of young faculty. The energy transition scientist joins the school...South China Morning Post
DISASTERJul 5Cathay Pacific flight from India emits smoke while landing in Hong KongAll crew and passengers have been safely evacuated from a Cathay Pacific Airways flight from India after the aircraft was seen emitting smoke during its landing in Hong Kong. Flight CX624 from Bengaluru landed at Hong Kong International Airport at 9.53am on Sunday after smoke was reported on board the Airbus A330. A preliminary police investigation found the smoke originated from the overheating air-conditioning system, and it dissipated shortly after landing as the system cooled. All passengers...South China Morning Post
MILITARYJul 5Residents tour PLA ships to celebrate 29th anniversary of Hong Kong return to motherlandHong Kong residents toured PLA ships to commemorate the 29th anniversary of Hong Kong's return to China. This event combines military presence with a political anniversary.china.org.cn · China
MILITARYJul 5Residents tour PLA ships to celebrate 29th anniversary of Hong Kong return to motherlandResidents have toured PLA ships as part of celebrations for the 29th anniversary of Hong Kong's return to the motherland. This event highlights public engagement with military presence during a commemorative occasion.cambodiantimes.com · Cambodia
MILITARYJul 5Residents tour PLA ships to celebrate 29th anniversary of Hong Kong return to motherlandResidents in Hong Kong toured PLA ships as part of celebrations for the 29th anniversary of the region's return to China. This event marks a significant historical milestone with military involvement.hongkongherald.com · China
WORLDJul 5Why Hong Kong students are heading to mainland China to internMore Hong Kong students are turning to mainland China for summer internships as government and university schemes expand cross-border placements. Students said they were drawn by greater opportunities in different sectors, hands-on experience in a larger market and lower living costs, with some viewing cross-border exposure as a career asset. The Home and Youth Affairs Bureau’s corporate summer internship scheme has expanded its number of mainland placements for young Hongkongers, with dedicated...South China Morning Post
DISASTERJul 4Hong Kong taxi driver dies, two passengers hurt in head-on crash with busA Hong Kong taxi driver has died and two passengers have been injured after a head-on collision with a bus on Hiram’s Highway in Sai Kung. The crash occurred at about 6.47pm on Saturday near Pak Sha Terrace, when the taxi veered across the centre line and struck the front of a KMB route 92 bus heading in the opposite direction towards Clear Water Bay, police said. Rescuers freed the driver, 64, who was unconscious and trapped in the taxi. He was taken to Tseung Kwan O Hospital and later...South China Morning Post
DISASTERJul 4Hong Kong police arrest driver after high-speed chase ends in 5-vehicle crashPolice have arrested a man on suspicion of dangerous driving and trafficking dangerous drugs after he fled a stop and led officers on a high-speed chase across Hong Kong Island, ending in a five-vehicle crash that left one person injured. The force said officers attempted to stop a suspicious car on Wah Fu Road near Waterfall Bay in Aberdeen at 4.57pm on Saturday, but the driver sped off, heading through the Aberdeen Tunnel towards Causeway Bay. At about 5.35pm, the driver collided with a taxi,...South China Morning Post
POLITICSJul 4Hong Kong Legco chief urges higher standards after lawmaker’s drink-driving arrestThe president of Hong Kong’s legislature has urged fellow members to be “more rigorous in their conduct” to meet society’s expectations after a lawmaker resigned following his arrest on suspicion of drink-driving. Addressing the arrest for the first time publicly on Saturday, Legislative Council president Starry Lee Wai-king said William Wong Kam-fai’s resignation the previous day reflected his willingness to accept responsibility. “I fully understand and comprehend the high expectations that...South China Morning Post
HEALTHJul 4Hong Kong’s third medical school hires 300 teachers, expects to raise intake to 200Hong Kong’s third medical school has recruited about 300 teachers and expects its annual student intake to eventually rise from 50 to more than 200, its dean has revealed. Professor King Li King-chuen, founding dean of medicine at the Hong Kong University of Science and Technology, also said on Saturday that the medical school had identified a teaching hospital for internships and clinical training, with details expected to be announced within weeks. Li, who assumed the role at the new medical...South China Morning Post
DISASTERJul 42 hurt after being struck by boat at Hong Kong beachTwo people were hurt, including a man who suffered serious face injuries, when they were struck by a boat at a beach in Hong Kong on Saturday. Police said they received a call at around 3.05pm reporting that a man and woman had been hit by a boat at Little Palm Beach near Hang Hau Wing Lung Road in Clear Water Bay. The man was rushed to Queen Elizabeth Hospital in Yau Ma Tei after sustaining serious injuries to his face. The woman had minor face injuries and was taken to Tseung Kwan O...South China Morning Post
CONFLICTJul 4PLA Navy officer recalls dramatic Sudan evacuation at Hong Kong barracks open dayA PLA Navy officer who helped evacuate hundreds of Chinese nationals during the Sudanese civil war has recounted that many burst into tears upon arriving at the ship, telling visitors at a barracks open day in Hong Kong the experience had left an indelible mark. The mission was carried out by the guided-missile destroyer Nanning, which along with the guided-missile frigate Hengyang, is making a five-day port call as part of celebrations marking the 29th anniversary of the city’s return to...South China Morning Post
BUSINESSJul 4Hong Kong Hetao innovation hub fully leases 2 wet lab buildings amid strong demandThe first phase of Hong Kong’s Hetao innovation hub, a key cross-border initiative under the Northern Metropolis megaproject, has been well received, with two of its wet laboratory buildings fully leased, its chairman has revealed. Permanent Secretary for Innovation, Technology and Industry Kevin Choi Kit-ming, who also chairs the Hong Kong-Shenzhen Innovation and Technology Park in the Lok Ma Chau Loop, said on Saturday that more than half of the tenant companies were from mainland China. “As...South China Morning Post
DISASTERJul 4Hong Kong cancels T1 signal but warns of strong winds, showers into next weekThis story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. The Hong Kong Observatory has cancelled the No 1 typhoon signal but warned the city will still be hit by strong winds, swells and heavy showers, with unsettled weather expected to continue until mid next week. The forecaster replaced the standby typhoon signal, issued on Thursday, with the strong monsoon signal at 3.21am on Saturday as Tropical Cyclone Maysak...South China Morning Post
BUSINESSJul 4Caution on land tenders key to Hong Kong’s property recovery: analystsAs Hong Kong moves forward with its huge new Northern Metropolis development zone, analysts argue the government should take a cautious approach to land sales to help sustain the recent recovery in the residential property market. The large-scale project near the border with the Chinese mainland continues to progress, as the government set a tender deadline for midday on Friday for several plots in the Hung Shui Kiu/Ha Tsuen New Development Area. The parcels of land – which comprise three...South China Morning Post
SCI & TECHJul 4Hong Kong graduates at crossroads as AI takes over entry-level jobs, experts warnAI’s rapid takeover of entry-level tasks is disrupting Hong Kong’s career ladder, leaving fresh graduates with fewer opportunities to gain practical experience, according to experts. Lam Wai-kong, an employee representative on the Labour Advisory Board, said a growing emphasis on immediate productivity, coupled with a reluctance to invest in graduate training, had also led some employers to bypass local young people in favour of imported workers to fill technical roles. He warned that this trend...South China Morning Post
WORLDJul 3Dissident Hong Kong bookseller Lam Wing-kee dies aged 70Lam Wing-kee, who defied China by selling material critical of Beijing, passed away after suffering from lung cancer.BBC World
HEALTHJul 3‘I’m so scared’: parents of dying Hong Kong girl, 13, pray for organ ‘miracle’This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. The parents of a 13-year-old Hong Kong girl critically in need of a new heart and lungs have appealed to the public in hopes of a “miracle”, with the girl fearing she “won’t be able to go home”. In a letter published on Friday, Ching Ching’s parents called on families who have recently lost loved ones to consider donating the needed organs to their daughter,...South China Morning Post
BUSINESSJul 3Can Hong Kong’s arbitration skills help the new global space race take off?Hong Kong is positioning itself as a middleman in the fast-growing global space economy, senior officials and experts have said, noting the city can turn its financial markets, common law system and dispute-resolution capabilities into a commercial advantage. At the 2026 Colloquium on International Law on Friday, Secretary for Justice Paul Lam Ting-kwok said Hong Kong’s “sharpest competitive edge” lay in professional services for commercial space. He added that the city was “exceptionally...South China Morning Post
BUSINESSJul 3China’s Momenta IPO oversubscribed 414 times as Hong Kong listings pack calendarChinese autonomous-driving start-up Momenta drew massive subscription numbers for its HK$5.89 billion (US$751 million) initial public offering in Hong Kong, even as it competed against five other issuers launching their IPOs at the same time. The Suzhou-based company’s bookbuilding closed on Friday. Preliminary figures showed that it attracted nearly 210,000 subscription applications, with the public offering subscribed 414 times, according to people familiar with the matter. Sponsored by China...South China Morning Post
CYBERJul 3Fine firms for data breaches, Hong Kong cybersecurity experts urgeCybersecurity experts have called on authorities to impose fines on firms that suffer data breaches after the personal information of more than 1 million people linked to a leading Hong Kong appliance distributor was maliciously encrypted. They made the comments on Friday, a day after the city’s privacy watchdog announced it had launched an investigation into the breach, which was initially reported by Shun Hing Group on March 23. The Office of the Privacy Commissioner for Personal Data said the...South China Morning Post
POLITICSJul 3Hong Kong approves first subdivided units meeting basic housing standardsHong Kong authorities have approved the city’s first three subdivided units to comply with official minimum standards, with the successful applicant urging landlords to seek professional help to avoid wasting time and money. Hayson Chan Hin-hay said the Housing Bureau had approved his three subdivided units in a flat in Sham Shui Po as “basic housing units” last week. Chan, chairman of the Hong Kong Basic Housing Units Operators Association, said he filed the application in late May. Under the...South China Morning Post
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