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This Hong Kong billionaire’s wealth is 25% gold: ‘If you have the physical gold…nobody owes you’

Hong Kong billionaire Cheah Cheng Hye has quietly turned a quarter of his fortune into gold, betting that in an era of sanctions, seizures, and geopolitical shocks, nothing beats metal you can touch. “If you have the physical gold in the warehouse or in your bank safe, nobody owes you anything,” he told Bloomberg News

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kelly burch

College in US Vs China: I Felt More Freedom in My Hong Kong Program

This as-told-to essay is based on a conversation with John von Seggern, founder of Futureproof Music School. It has been edited for length and clarity. In the 90s, the music scene in Asia was booming. I’m a bass player and jazz musician, and I was drawn to Japan in particular. Japanese people are known for

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Private- and public-sector organisations gathered at the Universal Design Award Scheme 2024/25 Ceremony to celebrate their efforts and contributions in making Hong Kong a more inclusive city for all.

Universal Design Award Scheme inspires a more inclusive Hong Kong

[The content of this article has been produced by our advertising partner.] Universal design is fast becoming a new measure of good urban living in Hong Kong. As the city’s population grows older and more diverse, the way spaces are planned, built and managed now matters as much as what they contain.  That shift –

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Hong Kong adds transition and adaptation activities to taxonomy

The Hong Kong Monetary Authority (HKMA) has released the second phase of its taxonomy, adding categories for transition and adaptation activities and growing its sector coverage. The classification now includes a “curated whitelist” of adaptation measures which are automatically deemed eligible for taxonomy-aligned financing. The taxonomy will now cover six sectors, adding manufacturing and ICT, and 25

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2 women arrested as hawkers cash in on Blackpink merchandise craze at concerts

2 women arrested as hawkers cash in on Blackpink merchandise craze at concerts

Hong Kong authorities have arrested two women for hawking and received four complaints about unauthorised vendors selling merchandise for K-pop group Blackpink near a concert venue over the past few days. Hours ahead of the final night of the three-concert series of the popular Korean girl band on Monday, a Post reporter spotted about a

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Hong Kong expands fight against hepatitis B. But how many hidden cases are there?

Hong Kong expands fight against hepatitis B. But how many hidden cases are there?

A government-subsidised screening and treatment programme set to launch next month is expected to identify about 23,000 hidden cases of chronic hepatitis B in Hong Kong, as part of a bigger plan to eliminate the public health threat within five years. Health authorities said on Monday that the “Hepatitis B Co-care Scheme” would cover people

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AI mental health app helps Hong Kong students accentuate the positive

AI mental health app helps Hong Kong students accentuate the positive

The Education University of Hong Kong (EdU) has launched an AI-powered mental health support app for students, with a secondary school principal praising its potential to help teachers track pupils’ emotional well-being. Named EmoCare and powered by artificial intelligence (AI), the app began a trial run last month, serving around 700 primary, secondary and university

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AXA’s local unit becomes second insurer to redomicile from Bermuda to Hong Kong

AXA’s local unit becomes second insurer to redomicile from Bermuda to Hong Kong

French insurer AXA’s Hong Kong unit, one of the city’s largest life and general insurers, has become the second insurance company to move its domicile to Hong Kong from Bermuda, according to a statement on Monday. At least three other local insurers, including the local unit of Canada’s Sun Life, were planning the same move

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Ex-PLA soldier jailed for 8 months for offering illegal ride-hailing trips in Hong Kong

Ex-PLA soldier jailed for 8 months for offering illegal ride-hailing trips in Hong Kong

A former People’s Liberation Army (PLA) soldier has been sentenced to eight months in prison for illegally carrying passengers in his Tesla Model S luxury car using a ride-hailing platform while in Hong Kong as a tourist. Fanling Court on Monday heard that Zeng Yulin, 39, travelled to Hong Kong from Shenzhen between June and

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MTR Corp offers sweeteners to get all aboard for expanded mainland China service

MTR Corp offers sweeteners to get all aboard for expanded mainland China service

Hong Kong’s high-speed rail network is launching a limited-time “buy one, get one free” offer for tickets to Shenzhen’s Futian from Tuesday in celebration of its service expanding to 110 destinations in mainland China. The limited-time offer coincides with the launch of 16 new mainland destinations, including stops at major eastern hubs such as Nanjing,

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Digital finance forum: AI, data must link ‘digital islands’ to smooth trade finance

Digital finance forum: AI, data must link ‘digital islands’ to smooth trade finance

The use of technology in trade finance is advancing from digitising existing paperwork to re-engineering entire processes with artificial intelligence and shared data, according to bank executives at the Development & Innovation of AI for Digital Finance forum on Monday in Hong Kong. “When we are talking about digitalisation, we are actually making the current

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43 months’ jail for vocal instructor who molested 7 male students

43 months’ jail for vocal instructor who molested 7 male students

A Hong Kong court has sentenced a vocal instructor to 43 months in prison after convicting him of molesting seven male students over a five-year period, with the judge condemning him for a serious breach of trust. Deputy District Judge Bernard Chung Wai-keung on Monday sentenced Drawson Lam Chun-yat for nine counts of indecent assault

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Hong Kong prosecutors say case against anti-China activists not a political trial

Hong Kong prosecutors say case against anti-China activists not a political trial

Hong Kong prosecutors have argued that the national security trial of a now-disbanded alliance behind the Tiananmen Square vigil is neither politically motivated nor intended to punish dissidents, stressing that they will not ask the court to determine the merits of any campaign or criticism against Beijing. In his opening speech on Monday at West

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Tencent says it is giving away cash gifts through its AI chatbot app. Photo: Shutterstock Images

Chinese tech giants Tencent and Baidu join fight for Spring Festival spotlight

China’s Spring Festival has emerged as a high-stakes arena for artificial intelligence and robotics companies, with tech giants Tencent Holdings and Baidu committing a combined 1.5 billion yuan (US$215 million) to their digital red packet campaigns. Chinese social media and gaming giant Tencent announced on Sunday that its AI chatbot app Yuanbao would give away

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AXA logo

AXA redomiciles China unit from Bermuda to Hong Kong

Global insurer AXA Hong Kong and Macau has successfully completed the re-domiciliation of AXA China Region Insurance Company (Bermuda) Limited from Bermuda to Hong Kong. This was done to comply with the re-domiciliation regime introduced by the Hong Kong Special Administrative Region Government. Following this, the firm was renamed to AXA China Region Insurance Company

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Hong Kong lawmakers urge review of seat belt policy on buses amid complaints

Hong Kong lawmakers urge review of seat belt policy on buses amid complaints

Hong Kong lawmakers have urged authorities to review issues with a new seat belt policy on buses six months after its launch, including a suggestion that operators use lap belts in certain vehicles offering short-haul rides to make it easier for passengers to alight. A day after the regulation for public and private buses took

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Dun & Bradstreet Supports the Release of HKMA’s Project Cargo× Recommendation Report

HONG KONG, Jan. 26, 2026 /PRNewswire/ — Dun & Bradstreet, a leading global provider of business decisioning data and analytics, is honored to be one of the key contributors supporting the Hong Kong Monetary Authority (HKMA) in shaping the Project Cargo× Recommendation Report (Report), officially released on 19 January. The report represents eight months of

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Xia Baolong, director of the Hong Kong and Macau Affairs Office, has called for the legislative and judicial branches to support Hong Kong’s executive-led government. Photo: Elson Li

Legislators, judiciary must ‘support’ Hong Kong’s executive-led government: Xia Baolong

Beijing’s point man on Hong Kong affairs has called on the city to improve its executive-led governance model, arguing that the legislative and judicial branches should support the government as they perform “on the same stage” rather than undermine one another. Xia Baolong, director of the Hong Kong and Macau Affairs Office, on Monday warned

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Director-General of Investment Promotion at InvestHK, Alpha Lau (left), and Secretary for Commerce and Economic Development Algernon Yau (right). Photo: InvestHK.

InvestHK helped 560 new overseas and Chinese businesses in 2025

More than half of the 560 businesses that Hong Kong’s investment arm helped set up or expand into the city last year were from mainland China, according to an official statement. The total number of businesses gaining a foothold in the city in 2025 represented a 4 per cent increase from the previous year’s figure,

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How I Conquered One Of Hong Kong's Hardest Hikes At Lantau Island

How I Conquered One Of Hong Kong’s Hardest Hikes At Lantau Island

Hikers tackling the West Dog’s Teeth experience one of Hong Kong’s most extreme trails (Photo Courtesy: Hong Kong Tourism) Hong Kong may be famed for its glittering skyline, but its mountains and adjoining trails are just as dramatic: steep, sculptural, and rich with adventure. Having called the city home for several years, I return now

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