A former vice-chairman of the group behind Hong Kong’s annual Tiananmen Square vigil is facing up to 10 years in jail after he admitted advocating an end to Communist Party rule in mainland China in breach of the national security law. Former opposition lawmaker Albert Ho Chun-yan, 74, on Thursday pleaded guilty to inciting subversion…
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…
Enrolment at Harvard for Chinese students rose in the autumn from a year earlier, even as the Donald Trump administration moved to rein in visas for them and limit foreign enrolment and funding at the prestigious university. The number of students from mainland China rose from 1,390 in autumn 2024 to 1,452 in autumn 2025…
Former Hong Kong media boss Jimmy Lai Chee-ying is set to return to West Kowloon Court alongside eight co-defendants, as three judges hear mitigation arguments from defence lawyers in his high-profile national security case on Monday. The 78-year-old founder of the now-defunct Apple Daily is the most prominent figure yet to be convicted under the…
In a base-case scenario, bondholders may recover just 10.1 per cent of what they were owed, roughly half what already deeply distressed market prices suggested, the British bank said in a report. However, in a worst-case scenario, assuming lower proceeds from onshore assets and netting out intragroup balances, the estimated recovery would drop to just…
The State Council has approved draft regulations for implementing China’s new value-added tax (VAT) law, which is aimed at governing the country’s largest source of tax revenue and set to come into effect early next year. The regulations, released for public consultation in August and approved on Friday, outline detailed rules for enforcing the VAT…
Hong Kong’s High Court found former media boss Jimmy Lai Chee-ying guilty on all charges in his national security trial on Monday, ruling that he had used his tabloid newspaper and international connections to push for foreign intervention and sanctions against the local and central governments. In open proceedings watched by a packed gallery of…
An anonymous collector of Hong Kong art has donated a “transformative” trove of 131 artworks to the Vancouver Art Gallery in Canada in a move that elevates the international profile of Hong Kong art. The collection, titled Art Continuum Hong Kong (ACHK), was assembled over three decades by a Hong Kong-based collector, the museum said…
China’s securities regulator has urged the nation’s brokerage industry to rev up the pace of cultivating top investment banks capable of competing on the global stage and better facilitate Beijing’s technological self-reliance drive as outlined in a critical five-year plan by the Communist Party. Securities companies should redouble efforts to fulfil the goal set by…
Hong Kong — As the confirmed death toll from the Hong Kong apartment complex fire climbed to at least 151 on Monday, officials said their investigation into the blaze had found that mesh used to cover scaffolding for ongoing renovations was not up to fire-safety codes. Frustration over what appears to have been clear safety…