Hong Kong authorities will deploy drones to detect hill fires for the first time during the Chung Yeung Festival on Friday as part of their emergency response measures, warning of a high risk of blazes because of dry weather. Twenty-two teams comprising 220 members in total would be sent to patrol various areas and put…
OSAKA — Department stores across the Osaka area enjoyed a rise in tax-free sales during China’s National Day holidays this year, even as Chinese tourist traffic continues to fall short of pre-pandemic levels. Tax-free sales at the Daimaru Shinsaibashi department store for the week through Monday rose nearly 30% compared to the National Day holidays…
HONG KONG — Dannie Li, a 30-year-old with 140,000 yuan ($19,840) in China stock funds, could not wait for the mainland markets to reopen Tuesday after a seven-day National Day break. Shares were on a government-stimulus-fueled tear before the holidays, and Li had seen enough. “Once I get all my investment capital back, I will…
HONG KONG — Hong Kong’s stock market carried the torch of China’s rally on Wednesday, marking the biggest single-day jump since March 2022 while mainland exchanges were closed for an extended holiday. The Hang Seng Index gained more than 7% from the previous trading day in the afternoon, before closing up 6.2% at 22,443.73. The…
Hong Kong has high hopes that this year’s National Day holiday will lift spirits, attract tourists and boost spending as the city marks the 75th anniversary of the founding of the People’s Republic of China. More than 400 events are planned and there will be multiple discounts and freebies. There are many different ways to…