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Successful bidders for four elevated mass transit projects in Hong Kong, including proposed infrastructure in Kai Tak, will be granted property development rights in the surrounding areas to help provide long-term funding support. The Executive Council, the city’s key decision-making body, on Friday approved the granting of property development rights at nominal premiums for three…
Hong Kong police recorded HK$3.6 billion (US$463 million) in technology crime losses in the first seven months of 2025, an 18 per cent increase year-on-year despite a decrease in the number of cases, as cybercriminals become more adept at identifying high-value targets using artificial intelligence. Rachel Hui Yee-wai, superintendent at the force’s cyber security and…
A former top diplomat from Singapore has warned of a flood of fake information in the era of artificial intelligence and called for the protection of integrity in education, as he was conferred an honorary doctoral degree in Hong Kong. Professor Kishore Mahbubani, a renowned specialist in geopolitics and past president of the United Nations…
Successful bidders for four elevated mass transit projects in Hong Kong, including proposed infrastructure in Kai Tak, will be granted property development rights in the surrounding areas to help provide long-term funding support. The Executive Council, the city’s key decision-making body, on Friday approved the granting of property development rights at nominal premiums for three…
This article first appeared on GuruFocus. Revenue: Achieved annual property sales target of 26 billion Hong Kong dollars. Net Income: FY25 loss attributable to shareholders was 16.3 billion Hong Kong dollars. Debt Refinancing: Completed 88.2 billion Hong Kong dollars bank refinancing. Property Sales: Deepwater Pavilion generated over 10.7 billion Hong Kong dollars in sales. CapEx:…
Hong Kong police recorded HK$3.6 billion (US$463 million) in technology crime losses in the first seven months of 2025, an 18 per cent increase year-on-year despite a decrease in the number of cases, as cybercriminals become more adept at identifying high-value targets using artificial intelligence. Rachel Hui Yee-wai, superintendent at the force’s cyber security and…
Chinese autonomous driving group Momenta could be set to change course and launch its IPO in Hong Kong rather than New York because of geopolitical concerns. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. U.S….
STORY: Taiwan rescue workers battled tough conditions as they looked for missing people in the town of Guangfu on Friday (September 26). They waded through mud and cut holes in roofs in hope of finding seven people still missing after Super Typhoon Ragasa’s onslaught. This year’s strongest tropical cyclone brought heavy rains to the island’s…
A car equipped with Momenta technology on display at the IAA Mobility show in Munich, Germany in September 2025. Arjun Kharpal | CNBC Momenta, a Chinese driverless technology startup, is raising a fresh round of funding that could value the company at around $6 billion, two people familiar with the matter told CNBC. The valuation…
New World Development (NWD), controlled by one of Hong Kong’s richest families, reported losses for the second consecutive year even as its CEO assured shareholders that there was no need for “undue concern”. The developer, which has been battling liquidity problems for the past three years, said losses from continuing operations amounted to HK$16.3 billion…