A Hong Kong court has handed down jail sentences of up to 16 years to two men for sexually exploiting two girls when the defendants separately had a relationship with the victims’ mother six to eight years ago. The High Court on Wednesday also sentenced the mother to four years for child cruelty, including locking…
This year marks a major milestone for Hong Kong Disneyland Resort (HKDL) as it celebrates its 20th anniversary with a yearlong party that features a spectacular lineup of new entertainment, community initiatives, and a bold vision for the future. Since opening its gates in 2005, HKDL has become a beloved destination for Disney fans across…
A top adviser to Hong Kong has called for the local government to aim for the space economy as the city’s answer to stimulating high-quality economic growth, while seeking to host top-tier international events such as the Apec finance ministers’ meeting to enhance global ties and boost local consumption. Regina Ip Lau Suk-yee, convenor of…
Luxury home transactions in Hong Kong are expected to increase, as many celebrities including top executives of a local bank and prominent figures are seizing the opportunity to invest in properties, taking advantage of a 30 percent decline in prices. Source link
The Hong Kong government has proposed a system to recognise same-sex partnerships in accordance with a landmark court ruling two years ago, but couples will first need to have their relationship registered outside the city. The new mechanism proposed by the government on Wednesday would also grant same-sex couples rights that have been established through…
Chinese battery giant CATL was among the new listings on the Hong Kong Stock Exchange, with PwC saying the city was expected to be the IPO leader this year (Peter PARKS) Hong Kong is expected to lead the world in IPO financing this year despite uncertainty from geopolitical tensions and trade tariffs, accountancy giant PwC…
Hong Kong’s retail sales in May jumped by 2.4 per cent year on year, reversing a 14-month contraction, with the uptick boosted by a surge in visitors during several “golden week” holidays. Provisional figures released by the Census and Statistics Department on Wednesday showed total retail sales in May reached HK$31.3 billion (US$3.9 billion). The…
A slew of mainland-listed Chinese technology companies are speeding up fundraising plans in Hong Kong to capitalise on the upbeat market sentiment. Hong Kong’s equity market has been buoyed by mainland investors’ record buying of HK$731.2 billion (US$93.1 billion) of stocks in the first half of the year, according to Hong Kong Exchanges and Clearing…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares of New World Development, the heavily indebted Hong Kong property group, jumped as investors welcomed the end of its refinancing talks with banks and the resignation of the founder’s grandson from his remaining board…
Sichuan authorities are assisting the family of a 16-year-old Hongkonger who died while climbing a snow-covered mountain in the province. The Mount Siguniang Scenic Area Administration confirmed on Wednesday that the victim was 16 years old and told the Post that his family had arrived in the provincial capital Chengdu, with staff assisting them. Hong…