News Around the world
A Hong Kong taxi driver has been fined HK$1,000 (US$128) for rude behaviour, having thrown a passenger’s change out of the window after she had asked him to slow down. Magistrate Winnie Lau Yee-wan at West Kowloon Court convicted taxi driver Lam Ching-fung of behaving rudely towards a female passenger who had booked his cab
Hong Kong taxi driver fined for throwing passenger’s change out window Read More »
Hong Kong’s annual fundraiser, Operation Santa Claus (OSC), has wrapped up its campaign this year, raising more than HK$19 million (US$2.4 million) for charitable projects and victims of the Tai Po fire – nearly double its target. The campaign, launched on November 4, had aimed to raise at least HK$11 million for 13 charitable projects.
Operation Santa Claus raises HK$19 million for Hong Kong fire victims, other causes Read More »
Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer by market capitalisation, said executive director Maureen Fung Sau-yim resigned with immediate effect on Tuesday due to health issues, according to a stock exchange filing. “Ms Fung has confirmed that she has no disagreement with the board of the company and that she is not aware
Hong Kong developer SHKP’s executive director Maureen Fung resigns on health grounds Read More »
A number of mainland-based suppliers of memory chips and storage solutions are pursuing share listings in Hong Kong, signalling a strategic change in how the sector aims to fuel its global ambitions, according to analysts. The most watched firm is Shanghai-based Montage Technology, a designer of high-speed interconnect chips for data centres, which is taking
Mainland memory firms eye Hong Kong for funds to fuel ‘global ambitions’ Read More »
Hong Kong’s banking regulator has unveiled four flagship projects, including a quantum computing readiness index, to help the city’s lenders stay competitive and secure in the artificial intelligence era. The Hong Kong Monetary Authority (HKMA) said the initiatives formed part of its new Fintech Promotion Blueprint, aimed at guiding responsible innovation and preparing the city’s
HKMA launches quantum readiness and cybersecurity projects for banks in AI era Read More »
A secondary school in Hong Kong has apologised after a teacher was criticised for citing the deadly Wang Fuk Court blaze as an example to urge students to take a fire drill seriously. The MKMCF Ma Chan Duen Hey Memorial College in Tseung Kwan O on Tuesday said it was aware of the incident that
Red-faced Hong Kong school sorry after teacher cites Tai Po blaze in fire drill Read More »
Hong Kong’s property transactions slipped in January, official data showed, but agents are betting on a Lunar New Year “mini-boom” after several new-home launches sold out in recent weeks. Deals covering new and existing homes, offices, shops, car parking spaces and industrial units fell 15.2 per cent month on month to 7,631, while transaction value
Hong Kong home sales slide in January, but agents eye Lunar New Year ‘mini-boom’ Read More »
何永賢指，全部6隊社區服務隊正向受影響劏房戶提供協助，除舉辦「睇樓團」，若有劏房戶盼找私樓，當局已與地產代理溝通，而就最近個案，有劏房戶已選擇單身人士宿舍，重申若有租戶合資格可申請簡約公屋。 本報早前報道長沙灣義華大廈劏房戶在簡樸房條例3月實施前被迫遷。社福界立法會議員陳文宜關注房屋局對受影響劏房戶的支援。（徐君浩攝） 九龍西立法會議員鄭泳舜擔心有業主藉簡樸房為由對住戶作不公平對待，並留意到雖過渡居屋增設丙類，不少市區劏房戶也想留在原區安置，提議房屋局與過渡房屋營運機構商討預留一些市區單位。何永賢說，差估署已成立50人的專責小組負責分間單位租賃管制，當中有10個退休警務人員，如發現有業主或二房東違規將會執法，又認同在市區過渡房屋留部分單位作緩衝屬好建議。 至於打擊濫用公屋，立法會議員何君堯關注自願交回單位的數目，質疑目前出現「公屋終身制」，不少公屋租戶續住單位並傳承給下一代。何永賢形容，當局打擊濫用工作「無一遺留」，因為租戶需申報資產，如房屋局在土地註冊處資料發現有虛報情况可按法例跟進。 房屋局長何永賢表示，暫已為義華大廈居民舉辦兩次「睇樓團」，相信對一些不願入住新界區過渡房屋的租戶可能會「開拓咗新天地」。（徐君浩攝） 暫25人舉報濫用公屋獲獎 房屋局署理常任秘書長/副秘書長章景星表示，去年1月15日推出的「舉報濫用公屋獎」，截至今年1月，共有25宗個案的舉報人士獲頒獎勵金及感謝狀，並指出「收回單位數目逐年上升」。據會議文件，年度內因濫用公屋和違反租約/政策收回單位數目，由2022/23年逾2000個單位增至2024/25年度的逾3000個單位，而2025/26年度截至去年11月30日收回單位數目則是逾1500個單位，為2024/25全年度一半。 另外，政府正積極促進資助出售單位流轉，章景星指，綠白表比例由七三比逐步轉為六四比，資助出售房屋未來5年預測建屋量較本屆政府上任時增50%，即由2022/23至2026/27年度39,600伙增至2026/27至 2030/31年度58900伙，並說大單位即兩房單位將由現時20%增至25%，新推售居屋單位超過㇐半採用「開門見光」設計。 Source link
25人舉報濫用公屋獲獎 何永賢冀義華大廈劏房戶參觀新界過渡屋後「開拓新天地」 (17:01) – 20260203 – 港聞 – 即時新聞 Read More »
Around 85 per cent of insurance claims for damages caused by Hong Kong’s deadliest fire in decades have been settled, with the amount paid out totalling almost HK$510 million (US$65.3 million). The city’s Insurance Authority said on Tuesday that insurers had settled 1,032 claims related to the Tai Po fire that broke out last November,
85% of insurance claims related to Tai Po fire settled, totalling HK$510 million Read More »
Hong Kong’s retail sales rose 1 per cent last year after recording a 6.6 per cent year‑on‑year increase in December, with authorities saying that improving consumer sentiment and growth in visitor arrivals would continue to support the sector. Figures released by the Census and Statistics Department on Tuesday estimated that the value of December’s retail
Hong Kong’s retail sales edge up 1% in 2025 after 7.3% decline in 2024 Read More »
Data leakage cases recorded by Hong Kong’s privacy watchdog increased 21 per cent last year, with hacking being the primary cause. But the number of doxxing cases has dropped significantly since legislation criminalising the act was passed in 2021, Privacy Commissioner for Personal Data Ada Chung Lai-ling said on Tuesday. Chung’s office received 246 data
Data leaks jump 21% in Hong Kong, doxxing hits record low Read More »
Hong Kong IPOs 2025: Market views, mega deals, emerging trends Hong Kong cemented its status as the world’s leading initial public offerings venue in 2025, marking a year of momentum, progress and transformation. By mid-December, the market had raised HKD274.6 billion (USD35.2 billion) from 106 new listings, with four of the world’s top 10 IPOs
Capital market reforms, investment trends in Hong Kong and Taiwan Read More »
Hong Kong authorities will allow up to 1,000 restaurants to welcome pet dogs, with the first group of eateries expected to receive approval by the middle of this year. The Environment and Ecology Bureau said on Tuesday that it aimed to table the proposed amendments to the Food Business Regulation, which currently prohibits dogs on
Dogs to be allowed in up to 1,000 Hong Kong eateries in first phase of new rules Read More »
A Hong Kong resident has lost more than HK$4 million (US$512,148) to scammers after trying to sell a rug for HK$100 on online marketplace Carousell, according to police. The force also said on Monday that more than 110 cases of online shopping scams linked to the trading platform took place between January 24 and 30,
Hongkonger scammed out of HK$4 million trying to sell HK$100 rug on Carousell Read More »
In the past year, a large number of enterprises have flocked to the Hong Kong IPO market. Data from the Hong Kong Securities and Futures Commission shows that in 2025, more than 460 new listing applications were received throughout the year, with over 110 companies successfully going public, raising more than HKD 286 billion. In
China’s commercial space sector has entered a new frontier. In January, a private Chinese aerospace company unveiled the test capsule of what is set to become the country’s first commercially developed crewed spacecraft, with plans for crewed flights by 2028 and bookings already taken from private space tourists. The project reflects a decisive shift in
Opinion | As China opens up its space sector, Hong Kong should reach for the stars Read More »
China’s energy-drinks giant Eastroc Beverage neither rose nor fell in its debut in Hong Kong on Tuesday amid investor caution following regulatory scrutiny of poor-quality listing applications. Shares of the Shenzhen-based company, which makes an alternative to Red Bull, opened at HK$248, matching the offer price. Eastroc raised HK$10.14 billion (US$1.3 billion) by issuing 40.89
China’s top energy-drinks maker Eastroc matches offer price in Hong Kong debut Read More »
Hong Kong’s tourism sector is bracing for a 6 per cent rise in mainland Chinese visitors during the Lunar New Year holiday, as travel to the city regains momentum. Tickets for high-speed trains from major mainland cities to Hong Kong have been selling fast in the days leading up to the festive period – an
Hong Kong set for Lunar New Year tourism bump with 6% rise in mainland Chinese visitors Read More »
Hong Kong authorities have found traces of a toxin in another five samples of Nestlé baby milk formula, marking the second such discovery since batches of the firm’s products were withdrawn over contamination fears. The Centre for Food Safety said on Monday night that during its ongoing follow-up investigations, five samples among 22 batches recalled
Traces of toxin found in more Nestlé baby milk formula samples in Hong Kong Read More »
Hong Kong is inching closer to welcoming its first listed alternative investment fund with the territory’s financial watchdog proceeding with several more advanced applicants. Speaking at the Hong Kong Venture Capital and Private Equity Association 2026 Asia Private Equity Forum last week, Alexandra Yeong, interim head of investment products at the Securities and Futures Commission,
Hong Kong nears welcoming its first listed PE issuer Read More »