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BUSINESSSep 3Hong Kong regulator reclassifies certain funds with exposure to private marketsHong Kong’s market regulator has reclassified some of the city’s authorised funds with exposure to private market assets above a certain amount as complex products, raising the threshold for selling these products to retail investors. Funds with exposures to direct or indirect private market assets amounting to 50 per cent or more of their net asset value would be recategorised. The Securities and Futures Commission (SFC) said that it observed some funds gaining indirect exposure to private...South China Morning Post
WORLDSep 3Historic Hong Kong pawn shop gets new lease on life as vibrant community spaceInside a pre-war building in the heart of Hong Kong’s busy Wan Chai district, coffee, curios and Cantopop are now the fresh attractions breathing new energy into a historic pawn shop that closed its doors two years ago. As the nostalgic tunes of late Cantopop legend Leslie Cheung Kwok-wing spin on vinyl and fill the air, curious passers-by step inside to see the shop – located in the venerable tong lau or tenement building – that’s been granted a new lease on life. Built in 1924, the four-storey...South China Morning Post
BUSINESSSep 3As hordes head to Shenzhen, Hong Kong bars, restaurants sign up for more floor spaceHong Kong’s food and beverage (F&B) operators, both new and existing players, signed leases for 155,000 sq ft of new floor space in the second quarter of this year, a record high for the sector and more than double the amount registered in the first quarter, according to property consultancy CBRE. In the first half of the year, they snapped up 230,000 sq ft of new space, CBRE data showed. However, analysts said the city’s selective and narrow-based retailing recovery was forcing brands and...South China Morning Post
WORLDSep 3Hong Kong considers DNA testing amid concerns over ‘fighting dog’ classificationHong Kong authorities are considering genetic testing as a supplementary tool for identifying breeds, an official has said after enforcement action against suspected fighting dogs sparked public concern. The Agriculture, Fisheries and Conservation Department (AFCD) also said on Thursday that owners could keep existing fighting dogs, provided they complied with statutory requirements, and urged owners not to abandon their pets. Dr Michelle Yeung Lee, the department’s principal veterinary officer,...South China Morning Post
WORLDSep 33 women charged with fighting in Hong Kong mall granted bail, banned from venueA Hong Kong court has granted three women bail after they were charged with fighting in the children’s play area of a shopping centre and barred them from returning to the venue. Leung Lai-ha, 68, her 34-year-old daughter Ng Ka-wun and Xu Yang, 34, made their first appearance at Kwun Tong Court on Thursday to face charges after their altercation on August 26 at the atrium of APM shopping centre in Kwun Tong. Their confrontation was captured in a video posted on social media, and the three...South China Morning Post
WORLDSep 3Creative industry mourns Hong Kong advertising ‘queen’ Kitty Lun Kit-yingThe global advertising industry is mourning the death of Hong Kong-born Meta Greater China creative chief Kitty Lun Kit-ying, who drowned in a swimming pool at a residential complex earlier this week. A source close to the investigation confirmed on Thursday that Lun was identified as the 70-year-old woman who died after drowning in the pool of Ville De Cascade in Fo Tan on Monday. She was seen swimming at about 5.20pm on Monday and was later pulled unconscious from the pool. Resuscitation was...South China Morning Post
BUSINESSSep 3Mainland Chinese investors buy Hong Kong tech stocks in AI pivot, sell financialsChinese mainland investors rotated into Hong Kong stocks tied to artificial intelligence and pulled out of companies in traditional industries in August, taking advantage of a market dip to boost bets on the world’s most cutting-edge technology. AI model developer MiniMax Group logged net buying of HK$10.1 billion (US$1.29 billion) last month, the most among the Hong Kong-listed companies available for China’s onshore investors through the Stock Connect programme, according to data compiled by...South China Morning Post
BUSINESSSep 3Hong Kong’s first high-end expo with yachts and supercars to launch in NovemberHong Kong will roll out its first cross-industry exhibition for high-end products ranging from haute jewellery to supercars, yachts and private jets in November, as part of efforts to attract big spenders and cement the city as a global conference and event capital. The South China Morning Post learned on Wednesday that the inaugural Festival of Connoisseurs will receive some of the HK$100 million (US$12.8 million) set aside in Hong Kong’s 2026-27 budget to attract large-scale international...South China Morning Post
WORLDSep 3Hong Kong actor and dance pioneer Lau Siu-ming dies aged 94Hong Kong’s culture chief has paid tribute to veteran actor and dancer Lau Siu-ming following his death on Wednesday at the age of 94, praising his outstanding artistic achievements and contributions to the cultural sector. Lau, affectionately known as Ming Sir, died at about 6pm on Wednesday, according to media reports citing voice actor Ding Yue. Although the cause of death was not specified, Lau had reportedly been critically ill in recent years. “Ming Sir devoted his life to dance and the...South China Morning Post
CYBERSep 3‘My nude became a sticker’: Hong Kong women say image abuse thrives despite lawFive years after a nude photo was taken without her consent, a woman opened Instagram to find the image had been turned into a sticker and sent back to her in a chat. Terrified that the sticker could already be circulating widely, the victim reached out to Emilia Wong Yue-kiu, a women’s rights activist and adult content creator who advocates for bodily autonomy. But Wong was pessimistic that reporting the case would help, noting it was just one of countless similar messages for help she had...South China Morning Post
BUSINESSSep 3Rare large-scale MTR topside tender draws heavyweight Hong Kong developersTender submissions for the MTR Corporation’s Tuen Mun Area 16 Station phase two property development closed on Wednesday, with market sources saying top Hong Kong developers including CK Asset, Sun Hung Kai Properties and Henderson Land Development submitted bids. A consortium comprising Sino Land, Kerry Properties, China Overseas Land & Investment and Great Eagle also submitted a bid, the sources added. MTR Corp said a total of four bids were received, and that they would be given detailed...South China Morning Post
BUSINESSSep 23 key belt and road connectivities that Hong Kong drivesRecently, I joined Secretary for Commerce and Economic Development Algernon Yau Ying-wah in Malaysia for the official opening of the Hong Kong Economic and Trade Office in Kuala Lumpur. The occasion marked an elevation in Hong Kong’s economic and trade ties with Malaysia and the broader Southeast Asian region. During the visit, Hong Kong’s Belt and Road Office hosted a forum that brought government officials, business leaders and professionals together for substantive discussions – underscoring...South China Morning Post
HEALTHSep 2Hong Kong police arrest clinic operator over sales of bogus ‘cancer vaccine’Hong Kong authorities have arrested a man and woman from a clinic on suspicion of selling a laboratory reagent as a bogus vaccine against more than 20 types of cancer. The arrests followed a joint operation by the Department of Health and police, during which investigators raided 13 premises linked to the company, said Frank Chan Ling-fung, an assistant director of health who oversees drug matters. Chan said there had been no reports of illness among people who had received the “WT1 cancer...South China Morning Post
WORLDSep 2Man arrested over theft of HK$5,885 in foreign currency on Bangkok to Hong Kong flightHong Kong police have arrested a man on suspicion of stealing nearly HK$6,000 (US$770) in foreign currency while flying to the city from Thailand, with a passenger allegedly capturing the incident on camera and reporting it to cabin crew. The force said the 57-year-old man was arrested for the alleged theft after the HK Express flight landed in the city shortly before midnight on Wednesday. While police estimated the currency was worth about HK$6,000, a source put the amount at 25,000 baht,...South China Morning Post
WORLDSep 2Man arrested as Hong Kong customs seizes HK$42 million worth of ‘space oil’Hong Kong customs has arrested a man and seized HK$42 million (US$5.3 million) worth of the illegal narcotic “space oil” from a drug workshop fitted with a semi-automated production line capable of producing up to 160,000 cartridges in a short period. Senior investigator Chan Kit-lun of the Customs and Excise Department’s drug investigation bureau said officers intercepted a suspicious man on Tuesday and escorted him to a property in Kam Tin, Yuen Long. Inside, they found more than 3,000...South China Morning Post
WORLDSep 2Hong Kong to mark National Day with 23-minute fireworks show featuring sunflowersHong Kong will stage a 23-minute fireworks display over Victoria Harbour on China’s National Day on October 1 under the theme “Eternal Radiance”. The HK$18 million (US$2.3 million) extravaganza, exclusively sponsored by insurance provider Sun Life Hong Kong, will mark the 77th anniversary of the founding of the People’s Republic of China. Coordinated by the Culture, Sports and Tourism Bureau, the show will launch 31,888 pyrotechnic shells from nine firing points across three barges and six...South China Morning Post
CYBERSep 2Hong Kong watchdog sets integrity standards for government computers to fight misuseHong Kong’s Independent Commission Against Corruption (ICAC) has publicly unveiled its standards for the use of government computer systems after uncovering loopholes, including requiring bureaus and departments to self-check their compliance when requesting digital project funds. Danny Woo Ying-ming, commissioner of the ICAC, said on Wednesday that an investigation by his agency had found that some government computer systems had loopholes that raised the risk of corruption. “Once systems are...South China Morning Post
POLITICSSep 2Advocacy group urges Hong Kong to let residents tap pension savings for homesA Hong Kong advocacy group has urged the government to let residents use a portion of their mandatory pension savings for home purchases, one of several proposals submitted ahead of the policy address later this month. The Federation of Public Housing Estates noted on Wednesday that recent cuts to administration fees for the Mandatory Provident Fund (MPF) – the city’s compulsory retirement scheme – would generate higher savings for its 4.8 million members, making this an ideal time to relax...South China Morning Post
POLITICSSep 2Hong Kong activist Joshua Wong pleads guilty in second national security caseProminent Hong Kong pro-democracy activist Joshua Wong pleaded guilty Wednesday to conspiracy to collude with foreign forces to endanger national security under a Beijing-imposed law that has effectively stifled the city's once-thriving pro-democracy movement. France 24’s correspondent Jan Camezind Broomby says the decision will almost certainly mean more time behind bars for Wong, already serving a prison term of four years and eight months after entering a guilty plea in a separate national security case linked to an unofficial political primary.France 24 [en]
DISASTERSep 2At least 14 injured after 2 buses collide at Hong Kong primary schoolFourteen people, including nine children, have been injured in a collision involving two school buses at a Hong Kong girls’ primary school. The Fire Services Department said on Wednesday that it dispatched 10 ambulances to handle the accident at 1.26pm at Good Hope Primary School cum Kindergarten, located at No 381 Jat’s Incline in Ngau Chi Wan. Eight of the 14 injured people were sent to United Christian Hospital in Kwun Tong for treatment, while another five were admitted to Kwong Wah Hospital...South China Morning Post
BUSINESSSep 2Philippine fast-food giant Jollibee picks Hong Kong over New York for spin-off listingThe parent company of Philippine fast-food giant Jollibee plans to spin off and list its international operations in Hong Kong instead of New York in a strong endorsement of the city’s initial public offering (IPO) diversification efforts. Jollibee Foods Corp (JFC) said in January that it intended to list its overseas arm, Jollibee Foods Corporation International (JFCI), in the United States. The company has now selected Hong Kong as its listing destination. “Hong Kong offers the market depth...South China Morning Post
POLITICSSep 2Hong Kong activist Joshua Wong pleads guilty in national security casePro-democracy activist faces life sentence in second case under Beijing's national security law.Al Jazeera [en]
POLITICSSep 2Hong Kong activist Joshua Wong pleads guilty to foreign collusionHong Kong activist Joshua Wong has pleaded guilty to charges of foreign collusion. This development highlights ongoing legal challenges faced by prominent pro-democracy figures in the region.thestar.com.my · Malaysia
POLITICSSep 2Hong Kong activist Joshua Wong pleads guilty to foreign collusionHigh profile Hong Kong democracy activist Joshua Wong has pleaded guilty to collusion with foreign entities.Al Jazeera [en]
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