Of these, three are the founding families of the city’s legendary “big four” property developers, with one ranking in the region’s top five, according to a list by Bloomberg. Kwok family – Sun Hung Kai Properties Sun Hung Kai Properties Chairman and Managing Director Raymond Kwok (L) and Deputy Managing Director Mike Wong attend a
For decades, the Strait of Hormuz has been a narrow passage with a big footprint. Whenever it comes under tension, the world is reminded that energy security is less a policy construct than an everyday reality for Asia’s economies, factories and prices. For China, Japan, South Korea, India and Southeast Asia, it has always been
Hong Kong has recorded its fastest quarterly economic growth in nearly five years, hitting 5.9 per cent, driven by private consumption and government spending despite the war in the Middle East. The first-quarter growth outpaced the 4 per cent rise in the fourth quarter of last year, according to an advance estimate released by the
Hong Kong property transactions surged to a four-month high in April, while the value and volume of home sales hit their highest level in 24 months, according to the latest official data, underscoring the resilience of the city’s real estate sector amid uncertainties over interest rates and the US-Israel war on Iran. A total of
Hong Kong education authorities have contacted a school after its newly tightened rules and penalties on mobile phone use triggered an outcry among students. Under the new measures, due to take effect in the coming weeks, Form Three and Four students at the boys’ school Kwun Tong Maryknoll College will be banned from using mobile
Hong Kong’s security chief has reaffirmed that fire services will act as the gatekeeper for safety after a legal vacuum was exposed during an inquiry into the city’s deadliest fire in decades, stressing the department’s existing manpower could cope with expanded oversight duties. Secretary for Security Chris Tang Ping-keung on Tuesday reiterated the pledge earlier
One in five people in Hong Kong feels “lonely”, with about 520,000 self-isolating and unwilling to confide in family, friends or even AI chatbots, a survey has found. The Hong Kong Family Welfare Society on Tuesday released the survey results, which also showed the city’s family well-being index at 6.09, slightly up from 6.06 in
After years of debate over whether claw and pinball machines encourage high-stakes gambling, Hong Kong has finally proposed stricter oversight to curb gaming, particularly among teenagers. Cases of addiction linked to these machines are rising in the city, but drawing a clear distinction between gaming and gambling remains difficult. As Hong Kong prepares to amend
An articulated truck caught fire inside the undersea tunnel of the Hong Kong–Zhuhai–Macau Bridge forcing the temporary closure of city-bound lanes and disrupting traffic on Tuesday evening. The blaze was reported before 8pm in the tunnel tube of the 55km (34.17 miles) cross-border bridge. Video footage showed flames beneath the cargo truck and thick smoke
One Hong Kong hiker has died, and another one survived after being rescued from a Japanese mountain, according to media reports. Japanese TV Chubu-Nippon Broadcasting (CBC) reported on Tuesday afternoon that two men, believed to be Chinese nationals, were stranded on Mount Okuhotaka, Japan’s third-highest peak, resulting in one fatality. Gendarme, a rocky ridge in
Li Ka-shing controls CK Hutchison, which currently owns 49pc of VodafoneThree – China News Service Hong Kong billionaire Li Ka-shing is to offload his £4.3bn stake in VodafoneThree in the wake of the merger of the two telecoms giants. Mr Li’s CK Hutchison, which currently owns 49pc of the UK mobile network operator, has struck
A drone photo shows the Zhuhai port of the Hong Kong-Zhuhai-Macao Bridge in Zhuhai, South China’s Guangdong province, Jan 6, 2026. (PHOTO / XINHUA) Hong Kong will start accepting applications on Wednesday for 1,400 regular cross-border private car quotas for travel across the Hong Kong-Zhuhai-Macao Bridge, as authorities move to further facilitate travel between Zhuhai
A prominent hedge fund manager took advantage of a bank’s “wholesale collective failure” to prevent illicit trading, making HK$1.7 million (US$217,012) in a single day by using confidential information to sell shares in a Hong Kong fashion house nine years ago, prosecutors alleged on Tuesday. British-born investor Simon Sadler is on trial at the District
This Nov 21, 2025 photo shows a night view of Qianhai, Shenzhen, South China’s Guangdong province. (PHOTO / XINHUA) Businesses in the Guangdong-Hong Kong-Macao Greater Bay Area should shift from cost-driven globalization to capability-led growth amid global supply chain restructuring, with Hong Kong poised to play a vital role in the process, experts said. China’s
Visitors enjoy a bright weekend afternoon at Shek O beach in Hong Kong on May 3, 2026. (SHAMIM ASHRAF / CHINA DAILY) Hong Kong’s weather was exceptionally warm last month, with the city recording its second highest mean temperature for April, the Hong Kong Observatory said Tuesday. The HKO said the city’s monthly mean temperature
HONG KONG, May 05, 2026 (GLOBE NEWSWIRE) — One of Hong Kong’s most iconic summer traditions is set to make waves once again as the Sun Life Hong Kong International Dragon Boat Races, organised by Hong Kong Tourism Board, return to Victoria Harbour this June, celebrating a landmark 50th anniversary with a spectacular edition. Running
Researchers at the University of Hong Kong (HKU) say they have developed a world-first nasal spray that delivers neurotherapeutic powder directly to the brain as first aid for ischemic stroke patients, with clinical trials expected by 2030. The treatment is intended for initial use by paramedics, before being rolled out to high-risk groups in care
More than 240 owners representing over 12 per cent of households at Hong Kong’s fire-ravaged Wang Fuk Court petitioned the government-appointed administrator in late April to hold an extraordinary general meeting, saying they might seek legal action if the request was ignored. The owners said in a statement on Tuesday that they would consider applying
Hong Kong’s anti-corruption watchdog has arrested seven people linked to a syndicate that allegedly targeted large maintenance projects through undisclosed conflicts of interest and a contractor who served in a dual role as consultant. The Independent Commission Against Corruption (ICAC) on Tuesday said it had arrested five men and two women, aged 37 to 75,
A tourist has shared photos of herself holding a MacLehose Trail sign apparently removed from its metal stand during the Labour Day “golden week” holiday, drawing criticism from Hong Kong internet users. In one of two photos posted on her RedNote account, “2 star”, on Monday, the woman is seen holding the wooden panel, with
