Hong Kong actor and model Jacky Heung is being sued by a Macau casino operator for allegedly racking up at least HK$1.4 million (US$178,000) in gambling debts following a visit to the gaming hub last December. In a writ filed with the Hong Kong District Court, MGM Grand Paradise said Heung had borrowed HK$2 million…
CMB International Securities (CMBI), the brokerage arm of China Merchants Bank, said it received a virtual asset licence from Hong Kong’s Securities and Futures Commission, making it the first mainland broker to conduct cryptocurrency trading services and other activities in the city. The licence, issued on Monday, allowed CMBI to engage in a variety of…
China’s economy grew 5.2% year-on-year in the second quarter of 2025 amid ongoing trade tensions with the United States, official data showed on Tuesday. The second quarter growth was slightly below the 5.4% pace in the first, but keeping on track to meet the government’s full-year target of “around 5%.” The first-half performance was supported…
China’s economy grew more strongly than expected in the second quarter as it proved resilient in the face of Donald Trump’s trade war. China’s gross domestic product (GDP) grew 5.2% in April to June compared with a year earlier, slowing from 5.4% in the first quarter, but just ahead of analysts’ expectations for a rise…
Hong Kong’s Lingnan University has acquired commercial assets in a residential building in New Territories, joining a number of schools and universities that have snapped up real estate assets amid a slump in values. The university bought the shopping arcade, ground floor shops and a car park in the T-Plus residential tower for about HK$120…
Home » Hong Kong News » Hong Kong Welcomes More Tourists Than Ever But Retail Growth Remains Stagnant Amid Cross-Border Shopping Trends And Resident Spending Cuts Tuesday, July 15, 2025 Cross-border travel between Hong Kong and Shenzhen continues to grow in volume, but the economic benefits remain one-sided. A growing number of Hong Kong residents…
Sixteen students have achieved perfect scores in Hong Kong’s university entrance exams, the highest number in the programme’s history and up from last year’s 11, according to authorities. One top Diploma of Secondary Education (DSE) scorer secured the highest grade across seven subjects, including three core ones and four electives and the extended maths module,…
China’s GDP grew 1.1 percent from April to June despite US tariffs, official data shows. China’s economy grew by more than 5 percent in the second quarter, according to official data, staying on track to meet Beijing’s annual growth target despite United States President Donald Trump’s trade war. China’s gross domestic product (GDP) expanded by 1.1…
The International Federation of American Football (IFAF) is formulating the qualification procedure for flag football’s first Olympic appearance in 2028, and Hong Kong’s athletes have already got their eyes on a spot. With six men’s and six women’s teams expected to compete in Los Angeles, the federation said it was working with the International Olympic…
By Yonnex Li ( July 15, 2025, 04:54 GMT | Insight) — Hong Kong will manage computing resources on a centralized basis at its proposed artificial intelligence institute, despite arguments that individual GPU access would better attract top talent, according to Secretary for Innovation, Technology and Industry Sun Dong. The institute, known as AIRDI, marks…