Hong Kong’s commercial market declines have left some of the city’s once-prosperous veteran investors struggling financially, with experts expecting distressed sales to continue amid plunging property valuations. In April, receivers took over the luxury detached mansion in Pok Fu Lam where “Cassette King” David Chan Ping-chi and his family had lived since the 1980s, marketing
Hong Kong’s commercial market declines have left some of the city’s once-prosperous veteran investors struggling financially, with experts expecting distressed sales to continue amid plunging property valuations. In April, receivers took over the luxury detached mansion in Pok Fu Lam where “Cassette King” David Chan Ping-chi and his family had lived since the 1980s, marketing
Sophia Lai Chi-lok is among Hong Kong’s most accomplished amateur triathletes. The 41-year-old investment banker has trained with the Hong Kong Triathlon National Squad and made the podium at 10km (6.2-mile) running races, triathlons and aquathlons – which comprise a swim and a run. She was the second woman across the finish line in the
BBC Donald Trump has had a busy seven days. On Monday, he threatened to redirect $3bn in Harvard research funding to vocational schools. On Tuesday, the White House sent a letter to federal agencies, instructing them to review the approximately $100m in contracts the government has awarded Harvard and “find alternative vendors” where possible. On
Azfar* struggles to make ends meet by working illegally as a rider for food delivery platform Keeta in Hong Kong, putting him at risk of arrest as he lacks an ID card and work visa. For the past eight months, the 27-year-old Pakistani has used the Keeta rider account belonging to his cousin, a Hong
The father of Mo Li Kai-yin, a dancer who was severely injured by a falling giant screen at a Mirror concert in Hong Kong, has expressed shock over the acquittal of three backstage staff members involved in the show by the District Court. In a letter posted online on Saturday, Reverend Derek Li Shing-lam said
Hong Kong’s appetite for gossip-driven news such as reports on the drama-filled life of internet couple “Mr and Mrs Ho” reflects residents’ disinterest in politics and the allure of hot-button topics such as differences in the ages of married partners. The couple first garnered media attention last year during a whirlwind romance that saw the
Hong Kong police have arrested a passenger for allegedly stealing cash and jewellery from two backpacks on a flight from Indonesia, as authorities continue their efforts to combat a persistent rise in cabin-related crimes. Airport police said on Saturday that two passengers the previous day had reported that cash and jewellery had gone missing from
Hong Kong’s leader has pledged to identify fresh areas for economic growth as he expressed confidence in working with the newly appointed director of Beijing’s liaison office to speed up the city’s development. Chief Executive John Lee Ka-chiu made the remarks as he met office director Zhou Ji at Government House on Saturday. They exchanged
The Trump administration has been attempting to weed out antisemitism at Harvard University by revoking a key certification that allows the university to enroll international students. But that same effort could force Harvard’s Jewish students from Israel — the very people the administration says it is aiming to protect — to leave the country. “I
Competition is intensifying in Hong Kong’s new residential property market as improved sentiment and declining mortgage rates have prompted developers to offer attractive prices to entice buyers. Homebuyers snapped up just 58 of the 100 flats on offer on the first day of sales at Uni Residence in Tai Wai, agents said. Five out of
The freshwater supply at a Hong Kong public housing estate in the New Territories is safe, authorities have said, after residents voiced worries over black particles found in their drinking water. The Water Supplies Department on Saturday sought to reassure tenants of Queen’s Hill Estate in Fanling following complaints about a delayed official response to
Hong Kong is seeking to entice mainland Chinese visitors with concert and hotel packages, the tourism minister has said, amid concerns about tourists not staying longer and overcrowded border facilities. Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui said on Saturday that authorities would do more to attract visitors to stay overnight or for
Hong Kong authorities have taken control of the Tai Lam Tunnel after a 30-year franchise ended, with an electronic toll payment system and cheaper fees implemented in the early hours of Saturday. The Transport Department announced that the government had taken over the tunnel at midnight and conducted works to implement the HKeToll system. Authorities
Competition is intensifying in Hong Kong’s new residential property market as improved sentiment and declining mortgage rates have prompted developers to offer attractive prices to entice buyers. Homebuyers snapped up just 58 of the 100 flats on offer on the first day of sales at Uni Residence in Tai Wai, agents said. Five out of
Hong Kong dragon boat racers are in high spirits for the Tuen Ng Festival, despite strong winds, with tourism authorities expecting a 14 per cent increase in mainland Chinese visitors compared with previous weekends. A tourism spot, where the Stanley International Dragon Boat Championship is taking place, was packed with racing teams and residents on
A Hong Kong court has granted bail to internet personality “Mrs Ho”, while husband “Mr Ho” remains under police supervision in hospital in connection with a domestic violence dispute between the pair that resulted in the wife suffering a knife wound. West Kowloon Court heard the case on Saturday morning, a day after the couple
The Chelsea Flower Show, held in London every summer for more than a century, is a British institution drawing around 150,000 gardening enthusiasts to enjoy spectacular floral displays. This year, there was an exhibit with a difference, featuring rare orchids from Hong Kong and other parts of Asia and the Pacific. The vibrant display, with
Despite intense geopolitical tensions and a challenging global environment, Hong Kong’s stock market is experiencing a remarkable resurgence. Since the start of 2025, 27 new stocks have been listed, raising nearly HK$80 billion, catapulting Hong Kong to the world’s second-largest IPO market by volume. Over 150 companies are currently queued for IPOs, signaling unstoppable momentum.
In a makeshift hospital ward in Gaza, reserved for the most severely wounded and dying patients, Hong Kong nurse Walter Leung Wai-yin, 66, walked up to a woman whose face was partially torn in an explosion. The woman was classified as a “blue case”, which indicates catastrophic injuries that are considered beyond saving. In such
