Principals in Hong Kong have criticised education authorities for failing to consult the sector regarding a new measure that permits popular schools to apply to operate an additional Form One class in the next academic year, raising concerns that the move will intensify competition among institutions. The Hong Kong Association of the Heads of Secondary…
Hong Kong education authorities will tighten the requirements for public secondary schools to continue operating as the student population declines by raising the minimum enrolment number and cutting some of the alternative options allowing them to survive starting in September. Members of the sector said on Tuesday they expected the new measures would speed up…
Hong Kong should set up a statutory registration system for counsellors and grant legal exemption to professional organisations to publicly address wrongdoings, experts have said, after a body failed to name a member who was expelled over misconduct. Professor Chui Yat-hung, president of the Hong Kong Professional Counselling Association, warned of the dangers posed by…
Hong Kong’s capital markets are poised to provide the long-term funding that will help start-ups in mainland China deliver more “jaw-dropping” innovations in coming years, speakers at an investment summit said on Tuesday. “China has many enterprises that are low-key, but they are not ‘lying flat’, as many of them are working very hard on…
Hong Kong authorities will review how the national security law is enforced after the city’s top court overturned the convictions of three core members of a now-disbanded alliance behind an annual Tiananmen Square vigil. Deputy Secretary for Justice Horace Cheung Kwok-kwan weighed in on Saturday after the apex court quashed the convictions earlier in the…
The Hong Kong Monetary Authority (HKMA) has made it incumbent on banks to conduct a mandatory name-matching process on customers for real-time fund transfers, the latest step by the city’s financial regulator to tackle scams. Financial institutions have been urged to adopt “refined measures” on their instant fund transfer systems such as the Faster Payment…
Every few months, BI takes a look at what top investors are placing big bets on. We’ve compiled 9 stocks that these “whales” have at least 20% of their portfolios in. Data is from GuruFocus.com. Every few months, we take a look at what top investors — known in market-speak as “whales” — are placing big…
President Xi Jinping, his colleagues from the Politburo and other economic mandarins are expected to gather this month for the annual tone-setting economic work conference. Stock traders are particularly interested in the gathering after disappointment with Beijing’s latest attempt at stimulus and are eager for signs of more supportive policies after US president-elect Donald Trump…
Jared Isaacman is President-elect Donald Trump’s pick to lead NASA. Isaacman has led and flown on two SpaceX missions, including the first-ever commercial spacewalk. Isaacman is a billionaire CEO who dropped out of high school and founded two companies. Jared Isaacman isn’t just a billionaire CEO. He’s also a SpaceX astronaut, and now he’s poised…
Apple released a new software update, iOS 18, in September. Some users have complained about the redesigned Photos app. The Photos app now contains a “Customize & Reorder” option to adjust to users’ preferences. Some Apple iPhone users are unimpressed with its latest software update. Apple released iOS 18 for its iPhones to the public…