A Beijing official in Hong Kong has voiced confidence in the city’s ability to handle both the coming Legislative Council election and the aftermath of the deadly Tai Po fire, calling local authorities’ decision to proceed with the poll respectful of the constitutional order. Liu Guangyuan, deputy director of Beijing’s liaison office in Hong Kong,…
A Beijing official in Hong Kong has voiced confidence in the city’s ability to handle both the coming Legislative Council election and the aftermath of the deadly Tai Po fire, calling local authorities’ decision to proceed with the poll respectful of the constitutional order. Liu Guangyuan, deputy director of Beijing’s liaison office in Hong Kong,…
The Hong Kong Investment Corporation (HKIC) earned HK$2.34 billion (US$300.7 million) in investment income last year, as the city’s wholly owned investment vehicle made an impressive report after its first year of operation. HKIC posted HK$2.25 billion in operating income for the year that ended on December 31, on HK$64 billion in total assets, while…
The Hong Kong Investment Corporation (HKIC) earned HK$2.34 billion (US$300.7 million) in investment income last year, as the city’s wholly owned investment vehicle made an impressive report after its first year of operation. HKIC posted HK$2.25 billion in operating income for the year that ended on December 31, on HK$64 billion in total assets, while…
Hong Kong’s insurers should make it easier for residents affected by the deadly Tai Po fire to file claims and consider incorporating fire safety inspection results into underwriting, according to sector representatives contesting a seat in the legislature. Insurance sector candidates Chan Pui-leung and Simon Lam Yat-tung made the appeals on Wednesday during a government-led…
Two candidates for the education sector seat in the upcoming Legislative Council election have highlighted Hong Kong’s shrinking student population as a key concern, with one pledging to advocate for the gradual reopening of public institutions to non-locals. Tang Fei, an incumbent lawmaker from the election committee constituency and a vice-president of the Hong Kong…
An independent review committee tasked with probing the deadly fire in Hong Kong that has so far claimed 156 lives has no legal power to compel and protect witnesses, but may yield faster results of comparable quality to a statutory commission, experts say. Chief Executive John Lee Ka-chiu on Tuesday ordered a judge-led independent investigation…
Two candidates for the education sector seat in the upcoming Legislative Council election have highlighted Hong Kong’s shrinking student population as a key concern, with one pledging to advocate for the gradual reopening of public institutions to non-locals. Tang Fei, an incumbent lawmaker from the election committee constituency and a vice-president of the Hong Kong…
The Coroner’s Court has postponed a long-awaited verdict for an inquest into one of Hong Kong’s deadliest maritime disasters, in which 39 residents died after a collision between two ferries in 2012. The court was slated to make a ruling on Thursday on the underlying causes of the crash, which took place off Lamma Island,…
Hong Kong’s leader has warned that authorities will not tolerate any attempts to sabotage relief efforts for residents affected by the city’s deadliest fire in decades, after national security police made arrests for alleged sedition related to the blaze. Chief Executive John Lee Ka-chiu on Tuesday also pledged to roll out systemic reforms and said…