The Furious, Hong Kong’s latest action flick, is crushing it on Rotten Tomatoes and has garnered critical acclaim abroad – proof of what human-centric filmmaking can still deliver in today’s market. But before we rush to hail the return of Hong Kong cinema, a new breed of drama factory is quietly generating content at a…
Nearly 60 per cent of Hong Kong parents mistakenly believe that invasive meningococcal disease is no different from a common cold, a survey has found, prompting doctors to urge greater public awareness of the potentially fatal infection ahead of the summer travel season. The warning follows a survey by the Hong Kong Early Childhood Educators…
Hong Kong’s retail sales in May rose 7.9 per cent year on year, extending the streak of growth to 13 months, with the sector benefiting from an increase in visitor numbers during mainland China’s Labour Day “golden week” holiday. The value of retail sales for the month reached HK$33.8 billion (US$4.3 billion), up from HK$31.3…
Assets and wealth under management in Hong Kong surged to a record high last year as global investors returned to Chinese assets, underscoring the city’s edge over Switzerland as a wealth hub. Financial firms in Hong Kong managed HK$42.2 trillion (US$5.38 trillion) worth of assets last year, a 20 per cent increase from the previous…
Hong Kong bookseller Lam Wing-kee, who publicly recounted being abducted and detained by mainland Chinese authorities in 2015, has died at the age of 70 after a years-long battle with lung cancer, according to Taiwanese media. Local media reported that Lam, who moved to Taiwan in 2019, was admitted to Mackay Memorial Hospital in Taipei…
Hongkongers poured across the border on Wednesday for a wider range of dining, shopping and family leisure options, seeking a short getaway on the public holiday marking the 29th anniversary of the city’s return to Chinese rule. Major border checkpoints, including the West Kowloon terminus and Shenzhen Bay, were packed with holidaymakers carrying luggage, shopping…
Southbound Stock Connect flows, through which mainland Chinese investors buy Hong Kong listed shares, hit a record high in the past year, reflecting strong confidence in the city’s market on the back of a booming pipeline of initial public offerings (IPO). In the 12 months to March this year, mainland investors snapped up HK$1.19 trillion…
Hong Kong flag carrier Cathay Pacific Airways will lower fuel surcharges on most passenger flights for the second time in less than two months, with the revised rates taking effect from July 1 as fuel costs ease from highs triggered by the Middle East war. Under the new rates announced on Tuesday, passengers departing from…
Hong Kong has ranked as the second-most globally competitive economy – its best performance in seven years – climbing one spot from last year to place behind Singapore. The ranking, released by the Switzerland-based International Institute for Management Development (IMD) on Thursday, put the city ahead of 68 other economies out of 70 surveyed. Hong…
Hong Kong can be “more than New York and Silicon Valley combined” by positioning itself as a hub that integrates global financial depth with technological innovation and manufacturing capacity, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po said on Friday that Hong Kong had a unique edge over New York and Silicon…