Hong Kong News – Page 37 – Charm

RedBox Storage Completes Portfolio Acquisition, Expanding Hong Kong Footprint with Doubled Operating Network

3 weeks ago04 mins

HONG KONG, July 16, 2026 /PRNewswire/ — RedBox Storage (“RedBox”), a premier professional storage operator in Hong Kong, today announced the completion of a portfolio acquisition comprising 17 strata assets across the city. The transaction immediately doubles RedBox’s self-storage network, bringing its total operating footprint to 16 locations across Hong Kong, and extends RedBox’s presence…

On This Day | Cafe de Coral, in 1986, becomes first Hong Kong food chain to go public – SCMP archive

3 weeks ago02 mins

This article was first published on July 17, 1986. Cafe de Coral the live wire in quiet market by John Mulcahy Fast-food counter Cafe de Coral hit the boards yesterday (July 16, 1986), trading up to $1.35 and recording the biggest volume of the day. Although 16.6 million Cafe de Coral shares traded, at a…

Hongkonger dies in New Zealand car crash, third fatality this year

3 weeks ago02 mins

A Hongkonger has died in a traffic accident in New Zealand, marking at least the second fatal crash involving city residents in the country this year. The Chinese consulate in Queenstown on Thursday said that a “serious traffic accident” had occurred a day earlier along Crown Range Road near the South Island city in which…

Hong Kong set to invite ride-hailing firms to apply for licences in August

3 weeks ago02 mins

Hong Kong authorities plan to invite ride-hailing platforms to apply for operator licences as early as next month and will begin approving them in batches from the end of November, the city’s transport minister has said. Secretary for Transport and Logistics Mable Chan laid down the timeline on Thursday as lawmakers completed the negative vetting…

Promote Huanggang Port crossing system and improve bus parking, authorities urged

3 weeks ago02 mins

Authorities should step up promotion of the new crossing arrangements at the upgraded Huanggang Port checkpoint between Hong Kong and Shenzhen, while ensuring the site has sufficient parking for buses, a lawmaker and a transport sector veteran have said. They issued the call a day after the government tabled the Huanggang Port Hong Kong Port…

PICC Hong Kong handed double rating upgrade, positive outlook from AM Best

3 weeks ago01 mins

PICC Hong Kong handed double rating upgrade, positive outlook from AM Best July 16 2026 by Roshan Nambiar AM Best has upgraded the financial strength rating to A (excellent) from A‑ (excellent) and the long-term issuer credit rating to a (excellent) from a‑ (excellent) of The People’s Insurance Company of… To continue reading the full…

‘Neither contractors nor management fulfilled responsibilities,’ Tai Po fire hearing told

3 weeks ago04 mins

An independent committee investigating Hong Kong’s deadliest fire in decades will hear concluding remarks from the government on Thursday as the final round of hearings on the tragedy continues. The legal representative for nine residents of the fire-ravaged Wang Fuk Court housing estate in Tai Po will also deliver a concluding statement before the judge-led…

Alibaba and Baidu shares jump in Hong Kong on Apple AI partnership

3 weeks ago03 mins

Chinese tech company Baidu, best known for its search engine, also operates cloud, mapping and other internet-based services. Bloomberg | Bloomberg | Getty Images Shares of Chinese tech giants Alibaba and Baidu rose Thursday on their partnership with Apple for deploying their AI tools. Hong-Kong listed shares of Alibaba rose 5% after the company confirmed…

Mainland China funds increase stakes in Hong Kong biotech amid surge of licensing deals

3 weeks ago02 mins

A growing number of mainland Chinese institutional fund managers have built up stakes in Hong Kong-listed biotechnology stocks over the past month, drawn by attractive valuations amid a surge in cross-border licensing deals in the sector. China’s largest mutual fund manager, E Fund Management, has taken a 7 per cent stake in gene-editing biotechnology firm…

Lawmaker Jonathan Leung Chun says the initial “chaos” will only happen once as the industry settles in. Photo: Eugene Lee

Hongkongers’ new pet peeve over dogs at diners sparks calls for tougher vetting

3 weeks ago02 mins

Hong Kong’s introduction of pet-friendly dining in designated restaurants has drawn significant public criticism, leading some lawmakers to call for tighter vetting of licences. Since the scheme began on July 9, the Food and Environmental Hygiene Department has received about 20 complaints. The department earlier said most complaints involved minor issues such as leash length…