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POLITICSJul 2Lam Wing-kee, Hong Kong bookseller detained in mainland China, diesHong Kong bookseller Lam Wing-kee, who publicly recounted being abducted and detained by mainland Chinese authorities in 2015, has died at the age of 70 after a years-long battle with lung cancer, according to Taiwanese media. Local media reported that Lam, who moved to Taiwan in 2019, was admitted to Mackay Memorial Hospital in Taipei on Tuesday, but his condition worsened and he fell into a coma. He was pronounced dead on Thursday evening. Last year, he disclosed that his lung adenocarcinoma...South China Morning Post
HEALTHJul 2Hong Kong enters summer flu season as Covid infections also climbHong Kong health authorities have called on the public to stay vigilant as the city has entered the summer flu season, with Covid-19 cases also on the rise. Dr Albert Au Ka-wing, head of the communicable disease branch of the Centre for Health Protection, said on Thursday that surveillance data suggested flu cases rose significantly last week, signalling the beginning of the seasonal infection period. He noted that it was difficult to predict how long the season would last, as the city generally...South China Morning Post
BUSINESSJul 2Hong Kong’s box office takings for first half of 2026 up 25% year on yearHong Kong’s box office takings for the first half of 2026 rose by nearly a quarter year on year, with the comedy Night King emerging as the highest-grossing film over the six-month period. According to figures from Hong Kong Box Office, 142 films premiered between January 1 and June 30, of which 17 were locally made. The movies generated HK$664 million (US$85 million), up from HK$531 million in the first six months of last year. “The summer film season has just begun with many family-friendly...South China Morning Post
BUSINESSJul 2Make Hong Kong China’s ‘space finance capital’, legal group urges BeijingAn independent legal group has proposed that Beijing designate Hong Kong as the country’s “space finance capital”, positioning the city as a gateway for commercial development of the sector under the national five-year plan. The Asian Academy of International Law also proposed in policy papers issued on Thursday that Hong Kong should enact a space asset registration and finance ordinance to provide legal certainty for the financing of such assets. The group pointed to Hong Kong’s key strengths...South China Morning Post
BUSINESSJul 2Hong Kong assets hit record US$5.38 trillion on renewed China appetite: SFCAssets and wealth under management in Hong Kong surged to a record high last year as global investors returned to Chinese assets, underscoring the city’s edge over Switzerland as a wealth hub. Financial firms in Hong Kong managed HK$42.2 trillion (US$5.38 trillion) worth of assets last year, a 20 per cent increase from the previous peak of HK$35.5 trillion in 2024, according to a report released by the Securities and Futures Commission on Thursday. Driven by the asset-management and...South China Morning Post
BUSINESSJul 2Hong Kong retail sales grow 7.9% in May, extending winning streak to 13 monthsHong Kong’s retail sales in May rose 7.9 per cent year on year, extending the streak of growth to 13 months, with the sector benefiting from an increase in visitor numbers amid mainland China’s Labour Day “golden week” holiday. The value of retail sales for the month reached HK$33.8 billion (US$4.3 billion), according to provisional figures released by the Census and Statistics Department on Thursday, compared with HK$31.3 billion in May 2025. Retail sales for the first five months of the year...South China Morning Post
BUSINESSJul 2Why Hong Kong has become this year’s worst-performing stock marketThere are many disconnects in financial markets. One of them is Japan’s benchmark 10-year bond yield, which currently stands at just 2.7 per cent despite the country’s large public debt burden – more than 240 per cent of economic output. Although Japanese bond yields have risen sharply in the past three years, the 10-year yield is slightly lower than that of Germany, whose government debt as a percentage of economic activity is around one-quarter the size of Japan’s. Another anomaly is the...South China Morning Post
BUSINESSJul 2Clogged pipeline: Many Hong Kong IPO hopefuls near application expirationA large number of mainland Chinese companies hoping to list shares on the Hong Kong stock exchange are anxiously waiting for a nod from the mainland securities regulator, with many now at risk of having their listing applications lapse. More than 430 companies were currently waiting in the initial public offering (IPO) pipeline, according to data from bourse operator Hong Kong Exchanges and Clearing (HKEX). More than 30, including mainland supermarket chain Qiandama and EVE Energy, a...South China Morning Post
POLITICSJul 2Beijing’s liaison office in Hong Kong restructured, stressing youth, district workBeijing’s liaison office in Hong Kong has been restructured, with the economic department split into two and its district-level groups expanded, a move that an analyst said reflected the central government’s greater focus on financial, youth, and district work. A comparison of the office’s organisational chart on its website on Thursday with internet archive records showed that the number of departments had been reduced from 24 to 23, even as its Economic Department was split into two entities,...South China Morning Post
POLITICSJul 2Hong Kong police search 15 in former July 1 protest areas, man taken awayHong Kong police have stopped and searched 15 people in areas where July 1 protests were previously held, with one man wearing a T-shirt with political undertones taken away. The force said on Thursday that five men and 10 women, aged between 25 and 73, were stopped and searched in Wan Chai and the Eastern district the previous day, when the city marked the 29th anniversary of its return to Chinese rule. The date also marked the fifth anniversary of a stabbing attack in which a lone assailant...South China Morning Post
BUSINESSJul 2From AI chips to energy drinks: Hong Kong’s biggest listing deals of 2026 so farHong Kong’s stock exchange ranked second globally by capital raised in the first half of 2026, with total proceeds from initial public offerings and secondary listings rising 84.3 per cent year on year to US$26.4 billion. Among the 84 new listings during the period, mainland Chinese issuers accounted for 98.5 per cent of the total, with the majority concentrated in advanced technology and consumer staples. Below are the five largest deals: 1. Victory Giant Technology, US$2.73 billion The...South China Morning Post
WORLDJul 2Tighter site safety urged after Hong Kong records over 60 industrial accidentsHong Kong labour unions have urged worksite supervisors to step up risk assessments and precautionary measures to strengthen work safety culture, as the city reported at least 62 industrial accidents, including 24 fatal cases, in the first half of this year. The calls on Wednesday followed the case of a worker who was killed when an excavator toppled at a Ho Man Tin construction site two days earlier, and of a man who died after being struck by a road roller at a Kowloon Bay refurbishment site...South China Morning Post
MILITARYJul 2Residents, visitors flock to waterfront as PLA navy ships sail into Hong KongResidents and tourists have flocked to Hong Kong’s harbourfronts to welcome two People’s Liberation Army (PLA) naval vessels on a five-day port call to the city. The guided-missile destroyer Nanning and the guided-missile frigate Hengyang sailed into Hong Kong via Lei Yue Mun and Victoria Harbour on Thursday morning, with the ships arriving at Ngong Shuen Chau Barracks at 9am and 9.40am respectively. A PLA band began to play celebratory music to welcome the Hengyang’s arrival at 9am, with dozens...South China Morning Post
WORLDJul 2Should Hong Kong ban smartphones in schools and who makes final call?When Kwun Tong Maryknoll College in Hong Kong announced that it would tighten its mobile phone rules on campus, some pupils reacted so strongly that the Catholic boys’ school was forced to put the changes on hold. The secondary school, which currently only bans pupils from using their mobile phones on campus, had planned to require devices to be stored in designated lockers on each floor. Gaming near the school entrance was also to be banned, with rule-breakers facing four demerits. Form Five...South China Morning Post
DISASTERJul 2Hong Kong issues No 1 typhoon signal on Thursday morningThis 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 issued the No 1 typhoon signal at 7.40am on Thursday as an approaching tropical cyclone moved south of the city. The centre of the tropical cyclone was about 800 kilometres (497 miles) from Hong Kong, according to the weather forecaster, which said it would assess whether to issue the No 3 strong wind signal on Friday. “The tropical...South China Morning Post
BUSINESSJul 1Rare momentum: Hong Kong universities, schools prop up commercial property marketHong Kong’s educational institutions are forecast to ramp up their investment and leasing in the commercial property segment, with leading universities and international schools among those paying top dollar to acquire or lease office and retail spaces, according to Colliers. In the first five months of the year, property acquisitions by educational institutions accounted for nearly 40 per cent of total investment in the commercial property sector, the consultancy said. “Education-related...South China Morning Post
WORLDJul 1Hong Kong police arrest 2 after man dies following dispute at flatHong Kong police have launched a murder investigation and arrested two men after a man died following a dispute in a Mong Kok flat where drugs were also found. A police spokesman said on Wednesday that officers received a call at about 2.50pm on Wednesday from a man who reported that his friend, 45, was attacking another acquaintance, 58, with scissors inside a flat at 22 Tong Mi Road. Officers arrived to find the 45-year-old unconscious. He was taken to Kwong Wah Hospital in Yau Ma Tei, where...South China Morning Post
POLITICSJul 1Stability in Hong Kong allows bigger celebrations of Communist Party anniversary: analystsGreater social and political stability in Hong Kong will allow the city to hold high-profile celebratory events for the anniversary of the Communist Party’s establishment, analysts and politicians have said, encouraging residents to learn more about the party. Chief Executive John Lee Ka-chiu announced on Wednesday that the government would organise a series of celebratory activities in the city to mark the 105th anniversary of the party’s founding. Without elaborating on the details, Lee said...South China Morning Post
WORLDJul 1Mainland Chinese tourists pack landmarks as Hong Kong marks 29th anniversaryFestive events and promotions across Hong Kong marking the 29th anniversary of its return to Chinese sovereignty have drawn large numbers of mainland tourists to major attractions and landmarks in the city. Amid a sea of red national flags and celebratory banners on Wednesday, visitors told the South China Morning Post that they thoroughly enjoyed the perks on offer, including complimentary ferry rides, free museum admissions and an array of dining and retail discounts of up to 29 per...South China Morning Post
POLITICSJul 1Communist Party a ‘fundamental safeguard’ of Hong Kong’s prosperity: John LeeThe leadership of the Communist Party is a “fundamental safeguard” of Hong Kong’s prosperity, Chief Executive John Lee Ka-chiu has said amid celebrations to mark the 29th anniversary of the city’s return to Chinese rule and the 105th year of the party. The city leader on Wednesday also set priorities for the final year of his five-year term, stressing that he had changed the culture of the government during his four years in office and rolled out policies that delivered results. In a speech at...South China Morning Post
POLITICSJul 1Hong Kong enters ‘new era’ as city returns to Chinese rule in 1997 – SCMP archiveThis article was first published on July 1, 1997 Tung and his team sworn in as Patten bids tearful farewell by Chris Yeung Hong Kong entered its new era at the stroke of midnight, launching a historic experiment with the strongest pledge yet of non-interference from President Jiang Zemin. As June 30 moved into July 1, the flags of Britain and Hong Kong were lowered, and those of China and the SAR raised in the Convention and Exhibition Centre. The return to China after 156 years of colonial rule...South China Morning Post
DISASTERBREAKINGJul 1Hong Kong to issue No 1 typhoon signal on Thursday as tropical depression nearsThis story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong’s weather forecaster will issue the No 1 typhoon signal on Thursday, potentially marking the city’s first storm of the year, as a tropical depression approaches. The Hong Kong Observatory said the storm was expected to enter within 800km (497 miles) of the city later on Wednesday, before moving towards the vicinity of Hainan Island and Beibu Wan,...South China Morning Post
BUSINESSJul 1Malaysia lures priced-out Hong Kong property buyersNorman Wong sold his Hong Kong flat and relocated to a rented home in Malaysia after concluding the city no longer offered the quality of life he expected for the price. “What am I actually getting for this money in terms of quality of life?” asked Wong, a healthcare professional from Kowloon. “Space is at a premium in Hong Kong that most of us have simply accepted as the norm. When I started seriously looking at Malaysia, I realised I didn’t have to accept that any more.” Wong is part of a...South China Morning Post
SCI & TECHJul 1Hong Kong tech chief warns AI will unleash ‘greatest industrial revolution’As Hong Kong marks the 29th anniversary of its return to Chinese rule on July 1, the South China Morning Post talks to the city’s senior officials about the administration’s achievements so far and what may lie ahead. Hong Kong’s tech chief has warned that AI will “exceed all previous industrial revolutions” and heavily impact graduates and workers in traditional sectors, while pledging to accelerate training and industry development to create new jobs. Secretary for Innovation, Technology and...South China Morning Post
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