News – Page 60 – CHARM-Retirement

Fancl distributor couple buys Lippo Centre office, shop in US$38.3 million deal

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The couple behind the Asia distributor of Japanese skincare brand Fancl has bought prime office and retail space in Hong Kong’s Admiralty district, highlighting selective bargain hunting by cash-rich local investors as commercial property prices remain under pressure. Gourmet Dining Group, owned by Christopher Chan and wife Michelle Ma-chan, agreed on January 5 to buy

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60% more applicants per job in Hong Kong in 2025 amid AI takeover of roles

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Competition in the Hong Kong labour market intensified in the past year as the average number of applications per job advertisement soared by nearly 60 per cent, while the adoption of artificial intelligence (AI) took a toll on some positions, according to data from a popular online job platform. Jobsdb Hong Kong revealed on Monday

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Hong Kong court orders winding-up of bakery Taipan, declares Ocean Empire founder bankrupt

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A Hong Kong court has ordered the winding-up of a bakery chain and declared a co-founder of a now-closed congee restaurant group bankrupt, highlighting the plight of the local retail and catering sectors amid shifting consumption patterns. The High Court on Monday granted a petition to liquidate Vast Luck Company Limited, the parent company of

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2-day Hong Kong Marathon could boost mega-event economy: lawmakers

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Hong Kong should expand its annual marathon into a two-day race and add more diverse routes to attract more participants and boost the city’s mega-event economy, two lawmakers have said. They also said on Monday that organisers of the Standard Chartered Hong Kong Marathon could design routes through less urbanised areas, such as Kai Tak

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China Tourism Group Duty Free Corporation’s Hong Kong-listed shares performed strongly, with Hainan’s duty-free sales reaching 4.86 billion yuan in the first month after the border closure.

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According to Zhitong Finance, China Duty Free Group (01880) surged over 5%. As of the time of writing, it was up 5.55%, trading at HKD 86.5 with a turnover of HKD 181 million. In terms of developments, January 18 marked one month since the commencement of operations for the Hainan Free Trade Port. According to

China Tourism Group Duty Free Corporation’s Hong Kong-listed shares performed strongly, with Hainan’s duty-free sales reaching 4.86 billion yuan in the first month after the border closure. Read More »

Hong Kong’s Gen Z Are Not ‘Lying Flat’—They’re Ambitious, Stressed, and Spending With Purpose

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While Gen Z in Hong Kong are sometimes perceived as “Generation Lie Flat” (躺平), content with avoiding overwork and ambition, a new report from Publicis Groupe Hong Kong, GWI, and The Trade Desk suggests this stereotype does not hold. Representing 22% of Hong Kong’s population and commanding an annual spending power of HKD 50 billion,

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Hong Kong eyes slice of booming ‘NewSpace’ economy as professional services hub

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Hong Kong aims to develop its “NewSpace” economy by positioning itself as a leading hub for finance, insurance, legal and arbitration services, and materials application in alignment with the nation’s development plan. The Chief Executive’s Policy Unit revealed on Sunday that it had hosted a high-level round table on the space economy last week, inviting

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Opinion | Policy blowback shows why Hong Kong lawmakers must play a bigger role

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The dust has settled on the election of the Legislative Council president, and committees and panels have settled into the new Legco. Most, it seems, are ready to hit the ground running. First on the agenda: dealing with the aftermath of the Tai Po fire. The more immediate matters involve the rebuilding of a community

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HKMA unveils 20-point road map to modernise Hong Kong’s trade finance ecosystem

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The Hong Kong Monetary Authority (HKMA) has unveiled a road map to introduce 20 measures under a five-year initiative aimed at modernising the city’s trade finance landscape and strengthening connectivity with mainland China and Asean trade corridors. Project CargoX, part of HKMA’s Fintech 2030 strategy, would use blockchain and data to help exporters secure bank

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Exclusive | Chow Tai Fook’s Henry Cheng reveals Hong Kong empire’s win-win investment philosophy

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Chow Tai Fook Enterprise (CTFE), the parent of embattled New World Development (NWD), will keep pursuing deals that create “win-win outcomes”, chairman Henry Cheng Kar-shun said as he revealed the private investment holding company’s philosophy for the first time. While all investors love to talk about mutual benefit, Cheng told the Post – in his

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Hong Kong police to expand drone patrols to Peak, Cheung Chau, Lamma Island

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Hong Kong will expand drone patrols to all major police regions from Friday, including The Peak, Cheung Chau and Lamma Island, for crime prevention, crowd control and traffic monitoring. Superintendent Tango Ko Chung-ying of the force’s key points and search division said the second phase of the patrols, which would join existing operations in Heung

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Hong Kong Stock Market Morning Report

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①The central bank and another government department announced that the minimum down payment ratio for commercial property mortgage loans has been adjusted to no less than 30%. ②Trump imposed additional tariffs on eight European countries over Greenland, with multiple EU nations considering countermeasures. ③The three major U.S. stock indices closed nearly flat last Friday, with

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六旬漢行山暈倒直升機送院不治 – 20260119 – 港聞 – 每日明報

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六旬漢行山暈倒直升機送院不治 – 20260119 – 港聞 – 每日明報 Read More »

A Hong Kong space office from aspiration to reality?

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There are many challenges facing Hong Kong, and the world order seems to be reorganizing itself in rapid and unforeseen ways at blistering pace. It is disruptive, unprecedented in modern times and disturbing in equal measure. Areas of geopolitics that were thought stable have been uprooted. Friends and allies are increasingly seen as tradeable commodities

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Hong Kong’s URA will boost scrutiny of company heads in enhanced tender platform

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Hong Kong will launch an enhanced government-backed tendering platform for private building maintenance projects in the second half of the year to curb bid-rigging while tightening scrutiny of contractors, consultants and their leaders. Secretary for Development Bernadette Linn Hon-ho told the media that the government aimed to launch the upgraded “Smart Tender” platform in the

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‘If you don’t die, it’s an adventure’: Hong Kong blogger’s Iran trip sparks travel debate

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A Hong Kong travel blogger whose brief disappearance during a solo trip to protest-hit Iran has triggered a heated online debate over the safety of women travelling alone to politically volatile nations. More female solo travellers took to the internet on Sunday to share their experiences and feelings on visiting Iran for leisure, as the

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Hong Kong police arrest 2, record 220 offences in illegal road racing crackdown

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Hong Kong police arrested two drivers and found that motorists had committed about 220 traffic violations in a two-day crackdown on illegal vehicle modifications, speeding and other offences. Police said on Sunday the arrests were made during the force’s two-day operation called ‘Fossington’ over the weekend, targeting traffic violations across New Territories locations such as

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Paralysed Hong Kong dancer Mo Li set to undergo ‘intense’ cutting-edge treatment

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A Hong Kong dancer paralysed from the neck down in an accident during a concert by popular local boy band Mirror is set to undergo a more intense rehabilitation programme, his father has revealed, calling for more financial support. Mo Li Ka-yin, 31, would embark on a three-year rehabilitation journey powered by advanced technologies, including

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Hong Kong to enforce new seat belt rules on January 25: what you need to know

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In just over a week, passengers on various modes of public and private transport in Hong Kong will be required to wear seat belts as part of new rules to enhance safety through stricter penalties for motorists and commuters. The Post looks at the new rules and what passengers, including those with special needs, should

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Hong Kong hiker, 63, airlifted to hospital after collapsing on Robin’s Nest trail

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A 63-year-old Hong Kong man was airlifted to hospital on Sunday after collapsing during a hike on Robin’s Nest Country Trail near the border with mainland China. Police received a call at 12.42pm from a female hiker who said her male friend had collapsed and lost consciousness. He was hiking with two men and two

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