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Hong Kong authorities will use drones under a pilot project to create a catalogue of hundreds of thousands of natural slopes in the city for safety, following the identification of three large-scale, high-risk sites. Lawrence Shum Ka-wah, the deputy head of the Geotechnical Engineering Office (GEO) on Hong Kong Island, said on Monday his team…
The proposed transformation of an old Hong Kong neighbourhood into a world-class waterfront in the style of Australia’s Darling Harbour will require major cooperation among at least 11 government departments and agreement from private owners, officials have said. The 798-hectare (1,972-acre) project was announced by Urban Renewal Authority managing director Wai Chi-sing on Sunday, with…
What’s going on here? Hong Kong is ready to roll out the red carpet for Chinese companies delisting from US exchanges, as trade tensions prompt a strategic shift. What does this mean? The prospect of delisting around 286 Chinese companies from American exchanges is creating a ‘golden opportunity’ for Hong Kong’s financial market. Deloitte China’s…
A new drug developed by a mainland Chinese biotechnology company is effective in combating three types of cancer that currently have limited treatment options, a multinational study led by the Chinese University of Hong Kong (CUHK) has found. University researchers said on Monday that the novel drug, D3S-001, had shown “promising” results for treating non-small-cell…
Hong Kong shares fell 103 points or 0.4% to 23,238 around noon on Monday, marking a third straight session of losses amid a drop in U.S. futures following Moody’s downgrade of the U.S. credit rating. Investors also digested China’s April activity data, where industrial output growth eased but topped expectations, while retail sales came in…
While Li made his fortune through investments in traditional sectors like real estate, retail and utilities, Chau, who was born in Hong Kong in 1961 and later studied economics at the University of New South Wales in Australia, has carved her path in the world of tech, traveling frequently between innovation hubs in search of…
An elderly woman was found on Hong Kong’s Kowloon Peak by a rescue team on Monday morning, a day after her family reported her missing. Police said the woman, aged 72, was discovered in a conscious state on the mountain, which is also known as Fei Ngo Shan. She was reported missing by her family…
Staff Reporter , Hong Kong Press photo It cited the region’s strategic position and trade advantages for expansion. Chinese fast-fashion retailer Fashion Momentum Group (FMG) has set up its regional headquarters and opened the first URBAN REVIVO outlet in Hong Kong, the Invest Hong Kong (InvestHK) announced. The move is part of FMG’s plan to…
The 90-day pause on Sino-US tariffs has caused “daily challenges” for Hong Kong manufacturers, industry veterans have said, revealing they have been receiving unlawful demands from American importers seeking to circumvent levies. Several told the Post that Beijing and Washington’s suspension of tariffs for 90 days from May 14 had given Hong Kong exporters some…