The Chinese University of Hong Kong (CUHK) will dip into its reserves to repay a HK$4 billion (US$510.9 million) government loan owed by its debt-ridden private hospital, the institution’s council chairman has said. The finances of the CUHK Medical Centre were on the agenda of Friday’s Legislative Council health panel meeting, but the discussion was…
For decades, Hong Kong thrived as the world’s freest economy without five-year plans, while mainland China rose to become the world’s second largest economy through them. Now Hong Kong has the rare advantage of both: market dynamism and strategic direction. Harnessed through the collective wisdom of the people, this combination can deliver more than what…
The Hong Kong Exchanges and Clearing (HKEX) is pressing ahead with the relaunch of gold futures as mainland China’s appetite for the metal continues to grow. The city would continue to introduce new gold products and facilities to capture the growing opportunities of the gold market, Financial Secretary Paul Chan Mo-po said on Thursday at…
Traffic accidents involving animals in Hong Kong have skyrocketed more than 11-fold over the past four years, with advocacy groups attributing it to a wave of pet abandonments and the blurring of urban-rural boundaries caused by large-scale development. The latest data submitted to the Legislative Council on Wednesday showed reports of animal-related traffic accidents received…
Hong Kong is set to ban electric vehicles (EVs) equipped solely with electronic door handles, as authorities seek to align with mainland China’s decision to mandate physical manual releases on all new cars from 2027 to mitigate safety hazards. Secretary for Transport and Logistics Mable Chan said on Wednesday that the government was closely monitoring…
Hong Kong’s legislature is set to visit Beijing as a full body for the first time since the city’s return to Chinese sovereignty in 1997, with all 90 lawmakers expected to join the delegation as it seeks better alignment with the national 15th five-year plan. Legislative Council president Starry Lee Wai-king announced on Wednesday that…
Hong Kong’s legislature has issued a written warning to lawmaker Judy Chan Kapui for driving on the wrong side of the road, urging her to be mindful of her conduct and meet the public’s expectations. The official warning was issued by the Legislative Council’s Supervisory Committee on Wednesday, four months after the 45-year-old New People’s…
Congratulations to Financial Secretary Paul Chan Mo-po for getting the city’s budget to sail through the Legislative Council. It wasn’t always such smooth sailing and Chan would do well to acknowledge as much. When Chan was first given the keys to the city’s coffers, they were full. Successive financial secretaries faced political pressure of a…
Hong Kong authorities have proposed amending gambling laws to tighten oversight of claw machines and other prize-based amusement games by issuing individual licences for each device, in a bid to prevent addiction. In a document released by the Home and Youth Affairs Bureau on Monday, officials called for a mandatory regime for internet cafes, requiring…
Uniting Social and Technological Forces to Advance Anti-Fraud Efforts from Advocacy to Action HONG KONG, May 1, 2026 /PRNewswire/ — The Hong Kong Anti-Fraud Alliance, jointly initiated by Legislative Council members, technology leaders, and community representatives, officially held its Platform Launch Ceremony on April 22 at the main stage of Hong Kong Web3 Festival 2026. The…