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POLITICS6d agoMainland Chinese pay tribute to Tung Chee-hwa for opening door to Hong KongMainland Chinese have paid tribute to Hong Kong’s first chief executive, the late Tung Chee-hwa, for introducing a solo-travel scheme more than two decades ago that opened the city to millions of travellers and created indelible memories for middle-class families. The Individual Visit Scheme has grown from a handful of cities in Guangdong province in 2003 to its current 59 spanning the country as far west as Urumqi in Xinjiang, contributing to a more than fivefold increase in the number of...South China Morning Post
POLITICS6d agoHong Kong policy address to continue push helping local media go globalHong Kong’s policy address next week will continue with measures to help local news outlets expand overseas and build global networks, the South China Morning Post has learned. A source said on Thursday that Chief Executive John Lee Ka-chiu’s “go global” initiative would assist local media, which report in Chinese and English, in reaching readers beyond the city. The industry could offer media services particularly in countries that came under the umbrella of the Belt and Road Initiative, the...South China Morning Post
BUSINESS6d agoSHKP posts 4.6% profit rise amid Hong Kong’s property recoverySun Hung Kai Properties (SHKP), Hong Kong’s biggest developer by market capitalisation, reported its underlying profit for the year ending June rose 4.6 per cent to HK$22.85 billion (US$2.91 billion), excluding investment property revaluations. Meanwhile, its reported profit increased to HK$21.43 billion, backed by a HK$1.38 billion net revaluation gain versus a HK$742 million loss last year, according to its filing with the Hong Kong stock exchange on Thursday. “For the year under review, Hong...South China Morning Post
POLITICS6d agoWall Street Journal publisher convicted in Hong Kong union caseThe publisher of the Wall Street Journal has been convicted in a union-related case in Hong Kong. This reports on a significant legal development involving media and labor.wsbradio.com · United States
POLITICS6d agoHong Kong’s first leader Tung Chee-hwa to be honoured with state funeralHong Kong authorities are coordinating a state funeral for the city’s first chief executive, the late Tung Chee-hwa, the South China Morning Post has learned, honouring his legacy as a deputy national-level leader and his contributions to the “one country, two systems” framework. A source familiar with the matter said “preparations were under way” and were being coordinated by the city government after Tung’s death on Tuesday at the age of 89. Responding to queries from the SCMP, the...South China Morning Post
POLITICS6d agoHong Kong court convicts Wall Street Journal publisher of deterring reporter from taking union roleA Hong Kong court has convicted the publisher of the Wall Street Journal for deterring a reporter from taking a union role. This indicates a legal decision regarding labor relations and media operations in the region.dailyadvance.com · United States
HEALTH6d agoHong Kong to roll out plain cigarette packs from March, full enforcement by DecemberHong Kong will introduce standardised cigarette packaging from March next year, with a nine-month transition period before full enforcement in December, as the city strips all branding and decorative design from packs and updates health warnings to reduce smoking rates. The Department of Health announced on Thursday that the new rules for smoking products will require all retail packs of cigarettes, long cigarette boxes and specified cigars to drop brand logos and advertising elements. Only...South China Morning Post
BUSINESS6d agoKimi maker Moonshot AI to explore dual Hong Kong and Shanghai IPOs to boost capital: sourcesChinese artificial intelligence start-up Moonshot AI, developer of the popular Kimi K3 model, may explore options for dual listings in Hong Kong and Shanghai in pursuit of greater capital and exposure, according to two people familiar with the matter. Since a meeting with its financial backers in July, when the Beijing-based company negotiated detailed arrangements for an initial public offering in Hong Kong, it has hinted at options to also list on a mainland bourse afterwards, one source...South China Morning Post
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