Tag Archives: Hong Kong

Excitement builds as Hong Kong embraces pivotal National Games role

Excitement builds as Hong Kong embraces pivotal National Games role

The National Games officially open in Guangzhou on Sunday, but Hong Kong is already well into its role as co-host and a pivotal centre for the action and organisation over the next two weeks. Tens of thousands of athletes, officials and tourists are expected to descend on the city, which is hosting eight events and there were sell-out crowds at …

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Hong Kong to extend free use of public hospital mortuaries from 3 to 28 days

Hong Kong to extend free use of public hospital mortuaries from 3 to 28 days

The three-day exemption from new mortuary charges effective next year at Hong Kong public hospitals will be extended to four weeks, the government has said, after the move sparked controversy. The Health Bureau and Hospital Authority made the announcement on Saturday after the funeral sector criticised the tiered fee structure earlier this week, saying it would penalise families for delays …

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Hong Kong bank staff among 32 arrested in HK$140 million loan scam

Hong Kong bank staff among 32 arrested in HK0 million loan scam

A total of 32 people, including more than a dozen frontline bank staff, have been arrested in a joint operation by Hong Kong’s anti-corruption agency and police for scamming HK$140 million (US$18 million) in government-backed preferential loans. The operation, code-named Momentum, involved bribes totalling HK$500,000 paid to 13 frontline employees across 10 banks, principal investigator Grace Yee Hin-lai of the …

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National Games: how co-hosting adds up for Hong Kong and Greater Bay Area

National Games: how co-hosting adds up for Hong Kong and Greater Bay Area

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 …

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Hospital mortuary fees will unfairly penalise Hong Kong families: funeral sector

Hospital mortuary fees will unfairly penalise Hong Kong families: funeral sector

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 …

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China’s WeRide drives for ‘ubiquitous’ robotaxis after Hong Kong listing

China’s WeRide drives for ‘ubiquitous’ robotaxis after Hong Kong listing

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 …

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Franklin Templeton introduces tokenised money market fund in Hong Kong

Franklin Templeton introduces tokenised money market fund in Hong Kong

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 …

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Large outdoor artworks at Hong Kong Palace Museum to draw 500,000 visitors

Large outdoor artworks at Hong Kong Palace Museum to draw 500,000 visitors

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 …

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HKU regains Asia’s No 1 spot, 5 other Hong Kong universities break into top 10

HKU regains Asia’s No 1 spot, 5 other Hong Kong universities break into top 10

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 …

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