Hong Kong’s government is under mounting pressure to deliver the Northern Metropolis, announced in 2021, as it approaches the end of its term – less than 15 months and counting. The megaproject, to turn 30,000 hectares (74,132 acres) near the border with mainland China into a centre of international innovation and technology, is to be…
Prediction market platforms offering diverse gambling options and attractive odds are surging in popularity, observers have said, warning about payout risks amid Hong Kong authorities halting plans to legalise basketball betting. They also said on Tuesday that Hong Kong residents who took part in these platforms, which use cryptocurrency for transactions, could be breaking gambling…
Travelling from Hong Kong’s commercial heart to the site of the San Tin Technopole, a planned innovation hub under the Northern Metropolis megaproject, is an exercise in endurance. The roughly two-hour trek from Causeway Bay requires taking trains on two lines, navigating two transit interchanges and catching a ride on a public minibus. Upon arrival,…
Hong Kong lawmakers have said Andrew and Tristan Tate cannot be extradited to the UK or Romania – where they face prosecution – without formal requests from those governments, as the infamous influencer brothers continued their visit to the city on Monday. The legislators also rejected claims that the city had become a haven for…
In a financial affairs panel meeting, Secretary for Financial Services and the Treasury, Christopher Hui Ching-yu, said the government would submit a bill to the Legislative Council within the first half of this year that would make more products that family offices and funds invest in eligible for tax exemptions. These include private credit, gold…
Hong Kong will establish the first national manufacturing innovation centre outside mainland China and a high-level steering committee to spearhead AI development, the finance chief has said, as the city seeks to align with the country’s 15th five-year plan. Financial Secretary Paul Chan Mo-po also unveiled a citywide artificial intelligence (AI) literacy drive in Wednesday’s…
The head of Hong Kong’s Tianjin liaison office has posted online about his alleged acceptance of perks, including a private ferry cabin and a five-star hotel suite upgrade, prompting calls for an investigation into a potential conflict of interest. Authorities said on Wednesday that the hotel upgrade costs did not involve public funds, adding that…
Hong Kong lawmaker Duncan Chiu owns 54 properties at home and overseas, more than any of the other 89 lawmakers, a review of their declaration of interests shows. But Chiu indicated that he is considering selling his properties in the West, citing geopolitical risks and his limited time for managing them. Chiu, the son of…
The dust has settled and Hong Kong’s eighth Legislative Council is getting ready, with new lawmakers finding their way. There were quite a few surprises, looking at the results. With many new candidates and political groups vying for seats, the contest for the directly elected geographical constituencies was highly competitive. Some candidates were fielded by…
Hong Kong could struggle with enforcing regulations on labelling artificial intelligence-generated content on social media platforms, experts have said, after mainland China rolled out a new law this week to combat misinformation, deepfakes and copyright issues. Experts told the Post that Hong Kong’s market was too small to adopt an independent set of laws to…