Tag Archives: Hong Kong

The National Games’ unprecedented tripartite hosting arrangement is a calculated strategy, showcasing the Greater Bay Area’s synergy while mitigating the substantial financial and logistical burdens on any single host city, according to experts. “It is more of a political move to showcase the Greater Bay Area integration and the practicality of utilising each city’s resources,” said Gary Ng Cheuk-yan, senior …

Mortuary charges set to be introduced in Hong Kong public hospitals next year could unfairly penalise families for delays in after-death arrangements, a funeral business association has argued, despite authorities saying those with financial difficulties will not have to pay. The funeral sector on Thursday criticised new measures gazetted last week that would introduce fees for mortuary services that are …

Chinese self-driving technology firm WeRide, fresh off raising HK$2.39 billion (US$307 million) in a Hong Kong share sale, plans to rev up commercialisation of autonomous taxis and expand into markets like the Middle East, Southeast Asia and Japan. Tony Han, founder and CEO of the Guangzhou-based company, said WeRide would deploy 10,000 robotaxis worldwide over the next few years, adding …

Digital trading in Hong Kong has taken a step forward with the launch of the city’s first Luxembourg-registered tokenised money market fund by US asset manager Franklin Templeton, marking a major development under the Fintech 2030 plan unveiled this week to establish the city as a leading fintech hub. The Franklin OnChain US Government Money Fund, which invests in US …

Hong Kong Palace Museum has unveiled its first outdoor public art exhibition featuring six large art installations expected to attract at least 500,000 visitors during their year-long display. Museum director Louis Ng Chi-wa said the exhibition was a continuation of its previous attempts to have Hong Kong artists engage in a dialogue with tradition through contemporary art. The exhibition, themed …

The University of Hong Kong (HKU) has regained its position as Asia’s best in a global ranking after 15 years, overtaking a mainland Chinese institution, with five other local varsities also making the region’s top 10 for the first time. Britain-based education information firm Quacquarelli Symonds (QS) said Hong Kong’s model – anchored in internationalisation, research excellence and targeted talent …

Mainland China, Hong Kong, Japan and India are poised to attract capital inflows from international investors seeking to diversify their portfolios with non-US-dollar assets while pursuing growth opportunities in the coming years, according to top Wall Street bankers. “China is one of the largest [and] most important economies in the world,” said David Solomon, chairman and CEO of Goldman Sachs, …

The University of Hong Kong (HKU) is actively pursuing plans to open a campus in Saudi Arabia, the Post has learned. Sources disclosed the university’s expansion plans months after news reports revealed it had bought a property for the creation of a campus in Spain, marking a dual push into Europe and the Middle East. “The university sees an opportunity …

Hong Kong reported its third locally acquired chikungunya infection on Monday, with health authorities saying that there could be a second source of the disease as this case was not related to the two detected earlier. Authorities said they would screen about 1,500 households near the patient’s home in Tsing Yi, but believed the risks of transmission were not high …

Budget airline HK Express removed two passengers before take-off from a Hong Kong-bound flight from Da Nang in Vietnam, after their fight over accusations of seeing prostitutes and physical abuse turned chaotic. The low-cost unit of Cathay Pacific Airways confirmed that the pair were engaged in disruptive behaviour on Sunday while boarding the flight from Da Nang to Hong Kong, …