Hong Kong authorities estimate that acquiring all homes in the fire-ravaged Wang Fuk Court will cost around HK$6 billion (US$770 million), with officials saying that rebuilding on the same site was “not really very practical”. Deputy Financial Secretary Michael Wong Wai-lun said on Saturday that the site was expected to be repurposed for community facilities…
Traditional Chinese medicine (TCM) manufacturers are gearing up to go public in Hong Kong, aiming to tap the market for international expansion. TCM firms have joined the queue for initial public offerings (IPOs) in the city to test foreign investors’ appetite for their shares. The latest to join the queue are Sichuan Neautus Traditional Chinese…
Traditional Chinese medicine (TCM) manufacturers are gearing up to go public in Hong Kong, aiming to tap the market for international expansion. TCM firms have joined the queue for initial public offerings (IPOs) in the city to test foreign investors’ appetite for their shares. The latest to join the queue are Sichuan Neautus Traditional Chinese…
Hong Kong police are searching for a 47-year-old mainland Chinese man who has gone missing for three days. The force said Ye Zhihui was last seen at Tai Au Mun in Tseung Kwan O on Monday morning. His family reporting him missing later that day. According to police, Ye is about 1.65 metres (5.4 feet)…
A new route connecting Hong Kong’s Yau Ma Tei and Tseung Kwan O will fully open this year, the city’s transport chief has said. Secretary for Transport and Logistics Mable Chan also said on Saturday that the route, on which construction began in 2017, would be fully connected by the end of the year following…
A Hong Kong property manager has been sentenced to 18 years in prison after bilking a housing estate out of HK$61.1 million over a decade by inflating his reimbursement claims tenfold with the addition of a zero to issued cheques. The High Court on Tuesday found that Wong Wai-lung, who gambled all the money away,…
A Hong Kong court has fined a flat owner HK$180,000 (US$23,160) for wilfully removing a load-bearing wall without approval as part of a HK$1 million modification of his new home. Magistrate Lau Suk-han said on Monday that owner Ku Chun-ho bore responsibility for checking whether removing one of the three walls in his 681 sq…
More amenities should be provided to residents in Tseung Kwan O, district councillors have urged, after a plan by the Hong Kong Jockey Club to build its fourth public riding school in the neighbourhood was floated last week. Some residents were also worried about the light and noise issues that could potentially arise from the…
Hong Kong’s Tseung Kwan O–Lam Tin Tunnel has resumed full operations nearly seven hours after it was forced to partially close when a fuel truck tipped over inside. Police received a report at 12.52pm on Saturday that a medium-sized truck had crashed into the right wall of the tunnel while driving along Cha Kwo Ling…
The Hong Kong Jockey Club is planning to build its fourth public riding school on a former landfill site in Tseung Kwan O to reduce applicant wait times and boost the equestrian talent pool. The project has already gained in-principle support from authorities and the club will seek town planning approval in the first quarter…