Hong Kong and Shenzhen police have broken up a cross-border syndicate and arrested 12 people for allegedly scamming victims out of more than HK$100,000 (US$12,740) with fake tickets to local shows featuring performers by acts such as K-pop star G-Dragon and Cantopop singer G.E.M. The force said on Sunday that joint operations with Shenzhen police…
Hong Kong joined its National Games co-hosts in starting the event’s 100-day countdown on Saturday, with the city’s leader saying the focus will be on creating “an unforgettable experience” for anyone attending. Chief Executive John Lee Ka-chiu led the local ceremony at the Velodrome in Tseung Kwan O, which went ahead despite the city getting…
Chinese electric vehicle (EV) manufacturer BYD is targeting first-time buyers in Hong Kong with the launch of a competitively priced car model, building on its recent ascension as the local market leader, overtaking Tesla. On Friday, the Shenzhen-based carmaker introduced the Atto 2, a fully electric right-hand-drive compact SUV priced at HK$169,800 (US$21,630) after tax…
Hong Kong education authorities are taking law enforcement action against a Shenzhen-based tutorial centre that planned to recruit students for its university entrance exam programmes at a local private secondary school without registering. The Education Bureau said on Thursday that it had not received an application from the tutorial centre Capture Star to operate a…
CPIA solicits industry feedback on draft amendment to China’s pricing law The China Photovoltaic Industry Association (CPIA) is soliciting feedback from PV companies regarding the Draft Amendment to the Pricing Law of the People’s Republic of China. The draft, released in July by the National Development and Reform Commission (NDRC) and the State Administration for…
Chinese brain-computer interface (BCI) companies, such as Nanjing Panda Electronics and MicroPort NeuroScientific, are benefiting from supportive policies, as the country vows to develop “two or three” global players in the sector by 2030 to compete with US entrepreneur Elon Musk’s Neuralink. In a document released on July 30 by seven ministries, including the Ministry…
For the boss of Hong Kong’s largest retail chain – which operates Wellcome, Mannings and 7-Eleven – the key to retaining customers is simple: ensure stores match prices in Shenzhen. DFI Retail Group, formerly known as Dairy Farm, has increased the number of countries it imports from to 54 from 26 over the last year,…
Money never sleeps in Hong Kong, except during some public holidays. The city is known for having many official days off. Often stock trading stops while other markets, including the one in mainland China, continue on their merry way of making money. In recent years, however, the city’s stock exchange has been enhancing its services…
Hong Kong collected HK$189 million (US$24.1 million) from a hotel tax on guests for the first quarter following its reintroduction, with industry leaders raising concerns as to whether a HK$1.1 billion annual income target can be met. Industry veterans also called for more government support, saying the tax figures reflected that hotels were struggling and…
Hong Kong joined its National Games co-hosts in starting the event’s 100-day countdown on Saturday, with the city’s leader saying the focus will be on creating “an unforgettable experience” for anyone attending. Chief Executive John Lee Ka-chiu led the local ceremony at the Velodrome in Tseung Kwan O, which went ahead despite the city getting…