HSBC Holdings’ exploration of options for its insurance business in Singapore may lead to a sale of the unit as the group reallocates resources to its insurance business in Hong Kong and mainland China, according to analysts. “It makes sense for HSBC to consider an exit from Singapore’s insurance market to focus on Hong Kong…
Recent events in Hong Kong, particularly the tragic blaze at Wang Fuk Court in Tai Po last November, have focused society’s attention on reforms to the legal system, especially those concerning building management and maintenance. Corruption and improper practices in the tendering process for large-scale building renovation or maintenance have also become a hot-button issue….
Hong Kong Customs has arrested 62 people and seized about 1.4 tonnes of suspected drugs worth roughly HK$431 million (US$55.27 million) in a major crackdown at the city’s airport, carried out with mainland Chinese and overseas authorities. The Customs and Excise Department said on Wednesday that a months-long operation conducted from October to December targeted…
Alexey Amunts, whose pioneering work on mitochondrial ribosomes helped catalyse the cryo-electron microscopy “resolution revolution”, has left the Max Planck Institute in Germany to join China’s Shenzhen Medical Academy of Research and Translation (SMART) this month. Amunts confirmed he had joined SMART as a senior investigator and would “contribute to its international relations agenda”. He…
The decision to jail a former world record holder for contravening China’s strict firearms laws by buying gun parts overseas and smuggling them onto the mainland via Hong Kong has sparked serious debate among the country’s shooting fraternity. Tian Hong, who equalled the world record in the 60-shot prone rifle event at the National Games…
China is expected to solidify its position as a hi-tech manufacturing powerhouse over the next decade as it edges closer to “innovation and excellence” alongside the United States, Germany and Japan, according to new reports issued by Chinese institutions. The documents, published on Tuesday, stated that China had achieved its “strategic goal” of becoming the…
The city’s men and women both recorded their best-ever finishes at the Hong Kong International Lacrosse Sixes, despite missing out on bronze medals on Monday. An agonising 10-9 defeat saw the women fall just short against Japan’s JAL Sixes R&D Squad, while the men were well beaten 17-3 by the same club’s men’s team in…
The Hong Kong International Lacrosse Sixes began on Saturday and brought mixed fortunes for the home teams as the shortened format’s Olympic debut loomed large. With qualification for the 2028 Games in Los Angeles soon to begin, this three-day tournament at Hong Kong Football Club was “a good chance to test strategies under the sixes…
Currently serving as chairman of Swire Pacific, John Swire & Sons (H.K.) and Swire Properties, Bradley will expand his leadership portfolio to encompass the conglomerate’s airline and bottling operations, according to a Swire Pacific announcement on Tuesday. Healy, 59, will step down as executive director of Swire Pacific, chairman of both Cathay Pacific and Swire…
Currently serving as chairman of Swire Pacific, John Swire & Sons (H.K.) and Swire Properties, Bradley will expand his leadership portfolio to encompass the conglomerate’s airline and bottling operations, according to a Swire Pacific announcement on Tuesday. Healy, 59, will step down as executive director of Swire Pacific, chairman of both Cathay Pacific and Swire…