On a Sunday morning earlier this month, five friends from Bangkok stepped through the marble lobby of the Studio City Hotel in Macau – the kind of place better known for gaming tables and stage shows than medical check-ups. Instead, they were heading to iRad Hospital, tucked inside the resort complex, for a round of beauty treatments and wellness sessions. …
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Myanmar scam farm ‘worse than death’, China’s superfast chip: SCMP’s 7 highlights
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. China’s analogue AI chip could work 1,000 times faster than Nvidia GPU: study Chinese scientists …
Read More »HKUST(GZ) blazes a trail for innovation-led universities
[The content of this article has been produced by our advertising partner.] Amidst intense competition for job opportunities in China, Zhenye GAO, who pursued his master’s degree at The Hong Kong University of Science and Technology (Guangzhou), HKUST(GZ) for short, has recently started his career as an algorithm engineer at Tencent, a world-leading internet and technology company based in Shenzhen, …
Read More »Hong Kong surgeon unlawfully killed woman in botched Botox procedure, jury finds
A 93-year-old Hong Kong plastic surgeon unlawfully killed a top banker by gross negligence during a botched Botox injection seven years ago, a jury has found. A seven-member High Court jury on Thursday reached a unanimous decision that found Dr Franklin Li Wang-pong had committed all the acts alleged in the original manslaughter charge before he was declared unfit to …
Read More »Encourage employees to vote in Hong Kong’s coming Legco election: John Lee
Hong Kong’s leader has called on the public and private sectors to encourage employees to vote in the coming Legislative Council election, describing it as their social responsibility. At the ceremony to launch the election on Thursday, Chief Executive John Lee Ka-chiu urged both public institutions and businesses to encourage employees to take part in the poll, emphasising that voting …
Read More »Exclusive | US clamp on critical software could cripple Hong Kong aviation, experts warn
Hong Kong’s aviation industry will suffer greatly if the United States slaps export curbs on American-made critical software to the city, experts have warned. The sector relied heavily on this technology, making it nearly impossible to find alternative solutions, they said. US President Donald Trump earlier threatened to curb the export of “any and all critical software” to China amid …
Read More »Pandas give Hong Kong’s Ocean Park boost but deficit worsens to HK$275 million
The fervour for giant pandas and their cubs in Hong Kong brought in more visitors and revenue to Ocean Park, their home, but other expenses ate into its financial health and worsened its deficit last year. The theme park’s deficit widened to HK$274.7 million (US$31.8 million) in the 12 months to June 30 from HK$71.6 million in the same period …
Read More »Hong Kong minister admits procurement vigilance ‘below expectations’, vows reform
Civil servants’ vigilance in guarding against potential procurement scams falls short of public expectations, Hong Kong’s treasury minister has admitted, pledging to conduct site visits and prevent the process from becoming a “robotic” arrangement of “checking boxes”. But Secretary for Financial Services and the Treasury Christopher Hui Ching-yu stressed on Tuesday that the principle of “the lowest bidder wins” did …
Read More »Mainland Chinese buyers fuel 25% of Hong Kong home sales last quarter
Mainland Chinese homebuyers remain a strong driving force in Hong Kong’s residential property market, spending HK$38 billion (US$4.9 billion) to account for 25 per cent of the city’s total home transactions in the third quarter, according to Centaline Property Agency. Buyers with names in pinyin – the mainland’s system of romanisation of Chinese script – registered 3,797 deals between July …
Read More »Hong Kong set for IPO flurry next week with Sany leading the charge
The Hong Kong stock exchange is poised for a blockbuster day next week, as four stocks – including Sany Heavy Industry, China’s largest construction machinery manufacturer – are set to debut, positioning the city to reclaim its status as the world’s top fundraising venue this year. Among the four stocks launching on October 28, Sany Heavy Industry, already listed in …
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