The parents of a Hong Kong student at the centre of an academic integrity controversy have said their daughter will voluntarily return all the awards associated with an app she is credited with inventing, as they apologised for the disturbance caused to the public. But they also hit out at the “relentless” cyberbullying suffered by…
Hong Kong authorities have deployed three “mobile powerful pumping robots” for the first time to drain at least 24 flooded locations on a day when the city’s forecaster recorded the heaviest daily rainfall for August since 1884. According to the Drainage Services Department, multiple pumping robots, including three known as “water-pumping dragons” in Chinese, tackled…
Hong Kong police are investigating the discovery of a headless, dismembered body in the city’s upscale Mid-Levels neighbourhood during a severe rainstorm. The force said that it received a report at 7.05am on Tuesday from a passerby who claimed to have spotted a “human-shaped object” near 45 Kennedy Road. The body, found under a tree,…
Hong Kong pop diva and actress Karen Mok Man-wai bought a luxury unit in the Mid-Levels district for HK$85 million (US$10.8 million), as the city’s celebrities, tycoons and other wealthy investors continue to pick up plum properties that are selling for a song. According to the Land Registry, a 2,153 sq ft three-bedroom flat at…
A consortium of developers, led by New World Development (NWD), raked in HK$1.3 billion (US$166 million) from the sale of 24 luxury units in Hong Kong’s Southern district, as wealthy buyers take advantage of a market downturn to acquire prized assets. On Friday, a 1,706 sq ft, four-bedroom unit in Deep Water Pavilia, a 447-unit…
A 3,349 sq ft, four-bedroom unit in Grenville House, located at 3 Magazine Gap Road in Mid-Levels, was sold on Tuesday, according to Land Registry records. Shirley Shiao Ping Peng and William Peng Shih-Hsiao appear to be the directors of the acquiring firm, Noble Gather, according to the Companies Registry. Shirley Peng is the sister…
Bob Prince, the co-chief investment officer of the world’s largest hedge fund, bought a luxury home in Hong Kong, joining an A-list of global financiers who have begun to heed the city government’s serenade to put down roots in Asia’s third-largest capital market. The executive of Bridgewater Associates, which had US$235 billion of assets under…
Lower mortgage rates lifted home sales in Hong Kong to their highest point in five months in October, reversing a two-month decline, according to Land Registry data. A total of 4,697 new and lived-in homes with a cumulative sales value of about HK$37.3 billion (US$4.8 billion) changed hands in October, rising 65 per cent from…
Lower mortgage rates lifted home sales in Hong Kong to their highest point in five months in October, reversing a two-month decline, according to Land Registry data. A total of 4,697 new and lived-in homes with a cumulative sales value of about HK$37.3 billion (US$4.8 billion) changed hands in October, rising 65 per cent from…