Hong Kong Investment Corporation (HKIC), the government’s investment arm, has teamed up with venture capital firm Gobi Partners and the University of Hong Kong (HKU) to launch a fund on Tuesday to invest in technology start-ups spun off from the university’s research breakthroughs, according to an HKIC statement. Gobi-HKU Fund I made two investments at…
Regal Hotels International Holdings and its units have sold the 494-room Regal Kowloon Hotel for about HK$1.52 billion (US$194 million) to the real estate investment arm of Centaline Group, which operates one of Hong Kong’s largest property agency networks, to be converted into a student hostel. Regal Hotels and affiliates Century City International Holdings and…
Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at [email protected] or filling in this Google form. Submissions should not exceed 400 words The government’s Transport Strategy Blueprint sets a welcome long-term vision for Hong Kong’s transport network, emphasising a “dual-innovation”…
Hong Kong authorities have received more than 100 applications for innovative drone usage to pioneer the city’s “low-altitude economy”, with some pilot projects set to launch as early as in three months, the transport minister has said. Secretary for Transport and Logistics Mable Chan also pledged to push more advanced transport technologies to transition from…
By the second half of the 21st century, the Sino-Indian relationship will become the world’s most geopolitical, dislodging even the complex China-US cooperative rivalry. By 2050, the world’s three largest economies are likely to comprise some combination of China, India and the United States. PricewaterhouseCoopers predicts this exact order – with the US having the…
The head of Hong Kong’s oldest university has vowed to inject more resources into humanities programmes, praising them as a source of creativity and imagination, even as some institutions outside the city cut courses amid the rise of artificial intelligence (AI). Professor Xiang Zhang, president of the University of Hong Kong (HKU), made the pledge…
Hong Kong hit a record low in births last year despite a range of government incentives, including a HK$20,000 (US$2,560) baby cash bonus for new parents launched in 2023. Just 31,714 babies were born last year. This might have come as a surprise for the authorities, which had projected a rise to 39,000 births. So…
At least five Hong Kong universities have backed the government’s proposal to launch study tours aimed at attracting non-local secondary students to pursue higher education in the city, with programmes featuring topics such as AI. The University of Hong Kong (HKU), the city’s oldest tertiary institution, said it would offer up to 35 programmes this…
Anna Lee*, a Hongkonger in her forties, first realised the profound impact of the violence she experienced as a child when she became a mother herself. As she raised her two children, now aged seven and 10, she was alarmed to find her emotional reactions mirroring the volatility of her own childhood. “I found the…
A group of scholars, professionals and former government officials has formed a new think tank in Hong Kong that aims to fill what it calls a talent gap in the shrinking field of local studies. The newly established Hong Kong Future Economy Institute also pledged to conduct studies on housing planning, population policy and impact…