Hong Kong is on the cusp of a transformative shift as it embraces the low-altitude economy, a rapidly growing sector poised to revolutionise industries, reshape urban landscapes and redefine modern living. Advances in artificial intelligence, intelligent networks and human-computer interaction are driving the integration of autonomous aerial vehicles and drones into everyday life. Globally, the…
Contemporary Amperex Technology Co. Ltd. has received China’s approval to proceed with a potentially blockbuster share sale in Hong Kong. CATL, as the world’s top electric-vehicle battery maker is known, said Tuesday it had been given the green light from the China Securities Regulatory Commission to issueBloomberg Terminal as many as around 220 million shares,…
Hong Kong stocks fluctuated between losses and gains on Monday, as caution prevailed ahead of US President Donald Trump’s next round of tariffs. The Hang Seng Index rose 0.2 per cent to 23,584.56 as of 10.04am local time. The Hang Seng Tech Index added 0.2 per cent. On the mainland, the CSI 300 Index gained…
Hong Kong authorities will start gauging developers’ interest in constructing a planned cross-border railway in the northwest New Territories later this year, according to the city’s transport minister. Mable Chan, the secretary for transport and logistics, also revealed that the joint project, linking Qianhai in Shenzhen and Hung Shui Kiu in Hong Kong, could see…
China’s biggest electric vehicle (EV) maker BYD launched its most expensive model under its Denza brand to challenge BMW and Mercedes-Benz in the luxury segment as competition in the world’s largest auto market intensifies. The Denza unit on Friday unveiled the six-seat SUV called Denza N9, priced at 389,800 (US$60,860) to 449,800 yuan, which is…
Hong Kong retained its status as Asia’s top financial centre and was the third globally, distancing itself from regional rival Singapore and also closing the gap with top-ranked New York, according to the latest edition of the Global Financial Centres Index. Hong Kong’s overall rating increased 11 points, while Singapore gained three points to stay…
Only one-third of Hong Kong parents recognise that constantly calling their children lazy, stupid or fat, or displaying emotional detachment can constitute child abuse, a survey by an NGO has found. Releasing the results of its survey on Sunday, the Chinese YMCA of Hong Kong highlighted a critical gap in parental understanding ahead of new…
Hong Kong authorities should designate the Northern Metropolis as a “special zone” with a separate approval mechanism to speed up development, the city’s sole delegate to the nation’s top legislative body has said. Starry Lee Wai-king, a member of the National People’s Congress Standing Committee, also discussed mounting criticism of CK Hutchison Holdings over its…
A multiple-entry scheme granting Shenzhen residents unlimited trips to Hong Kong is likely to be expanded this year to cover travellers from other mainland Chinese cities, the city’s sole representative in the nation’s top legislative body has said, while calling for Beijing and Shanghai’s inclusion under the policy. Delegate Starry Lee Wai-king of the National…
A total of 41 new corporate venture capital funds were registered in the coastal province last year, the highest number among those recorded in 18 mainland provinces in the same period, according to the latest data from CYZone Research Centre in China. Zhejiang has been attracting more investments amid the province’s evolution from e-commerce hub…