HONG KONG, CHINA: Hong Kong has emerged as a major biotech fundraising hub, attracting dozens of Chinese biotech firms to list in the city. Cheng Xin | Getty Images News | Getty Images For years, Chinese companies such as Alibaba and Baidu headed to the U.S. to list their shares, citing its deeper capital markets…
The Belvedere was completed in 1980 (Image: JLL) Singapore’s SC Capital Partners has acquired a luxury residential compound in southern Hong Kong Island in a bet on growth in the city’s premium housing market. The fund manager announced Friday that it has acquired five townhouses in Chung Hom Kok, with Land Registry records showing that…
[The content of this article has been produced by our advertising partner.] When Professor Fiona Devine returned to Hong Kong this year, it was her first visit since 2019. Since then, both the city and the global higher education landscape have changed significantly. Now Vice-President and Dean of the Faculty of Humanities at the University…
Hong Kong police arrested 991 people and discovered betting records amounting to HK$365 million (US$46.5 million) during a crackdown on illegal gambling during the World Cup. The force said on Tuesday that it raided 249 premises suspected of being linked to illegal gambling during its enforcement campaign in June and July that targeted activities surrounding…
A Hong Kong kindergarten clerk who was seriously injured by a taxi during the 2019 anti-government protests has told the High Court she has been unable to resume a normal life, citing ongoing mobility limitations, extensive leg scarring and the likelihood of future knee replacement surgery. Park Hoi-lam’s lawyers on Tuesday urged the court to…
A Hong Kong High Court judge previously reprimanded for plagiarism has been found to have done so again, after an appeal court determined that almost 95 per cent of a previous judgment was lifted from the defendant’s counsel. In a ruling dated July 15, which came to light on Tuesday, a panel of three Court…
An elderly Hong Kong man known on the internet as “Mr Ho” has been jailed for two months for stabbing his much younger wife upon learning she was returning to mainland China after their relationship turned sour. The District Court sentenced 79-year-old Ho Huen in his absence on Tuesday after learning the defendant, who missed…
Craft beer made from recycling surplus bread marketed by Breer. (PROVIDED TO CHINA DAILY) Amid the rapid growth of social entrepreneurship in Hong Kong, government subsidies and support programs are empowering small and medium-sized enterprises to scale their impact. A case in point is a local sustainable beverage startup Breer, which launched its latest drink,…
A former Hong Kong fencer has been sentenced to three years and four months in prison for laundering more than HK$10 million (US$1.27 million), saying in mitigation that he opened the mule accounts to “make a quick buck”. The District Court on Tuesday heard the guilty pleas from Chiu Man-to, 26, who admitted to laundering…
Hong Kong has retained its 17th place among the world’s top destinations for students, but British rankings firm Quacquarelli Symonds (QS) has said that high living costs along with the steepest tuition fees in East Asia continue to deter international applicants. QS also identified limited international diversity and a persistent shortage of accommodation for students…