Gasgoo Munich-Seer Robotics made its debut on the Main Board of the Hong Kong Stock Exchange on June 24, becoming the market’s first “robot brain” stock. For this IPO, Seer Robotics offered 10,497,300 shares globally before the over-allotment option. After triggering the clawback mechanism, the public offering stood at 2,099,500 shares, while international placement reached…
Police have arrested four more suspects linked to a high-profile knifepoint robbery in Hong Kong following a joint cross-border operation, though the stolen gold bars remain missing. The force shared an update on its investigations on Monday, after a 36-year-old local man, carrying a backpack loaded with six gold bars weighing about 6kg (13.2lbs) and…
A five-year-old boy died after his mother physically abused, confined and starved him until he was a mere 9.7kg (21.38lbs) – half the normal weight for his age – a Hong Kong court has heard. The 38-year-old mother, only identified as “LST” at the High Court, on Monday pleaded guilty to one count of manslaughter…
A doctor at Tuen Mun Hospital in Hong Kong has been fired for conducting an unauthorised procedure on a patient, in an incident linked to his medical intern girlfriend who was earlier dismissed and arrested for allegedly accessing patient data without permission. The Hospital Authority (HA) said on Monday evening that an investigation found the…
As Hong Kong marks the 29th anniversary of its return to Chinese rule on July 1, the South China Morning Post talks to the city’s senior officials about the administration’s achievements so far and what may lie ahead. Hong Kong will build on the popularity of the old Yau Ma Tei police station exhibition by…
As Hong Kong marks the 29th anniversary of its return to Chinese rule on July 1, the South China Morning Post talks to the city’s senior officials about the administration’s achievements so far and what may lie ahead. Hong Kong’s next Kai Tak Cruise Terminal operator must be “very visionary” and do far more than…
Senior officials from the European Union and Hong Kong are in talks to launch a financial services dialogue in November, with companies from the bloc keen to explore opportunities in the Northern Metropolis, the EU’s top representative in the city has said. Ambassador Harvey Rouse, head of the EU Office in Hong Kong, made the…
Beijing’s recent investigation into three brokerages – Futu Securities, Tiger Brokers and Long Bridge – was partly driven by concerns over foreign exchange “leakage” and the need to protect mainland China’s vast base of retail investors, Hong Kong’s finance chief has said. At a closed-door C-suite round table organised by the South China Morning Post…
Hong Kong will allow elderly welfare recipients retiring in Guangdong and Fujian to have cash assistance directly sent to their mainland Chinese bank accounts from July as part of a much-awaited arrangement, the city’s leader has said. Chief Executive John Lee Ka-chiu announced the launch in a social media post on Wednesday during a visit…
A Hong Kong primary school that earlier suggested hosting an overnight World Cup viewing event has watered down the plan and opted for a weekend morning timeslot in response to feedback from parents. The school clarified that its initial circular, which slated the event for the very early hours of July 15, sought to gauge…