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News

South China Morning Post
scmp.com > business > article > 3367224 > rise-and-fall-hong-kongs-shop-kings-how-plunging-rents-debt-crushed-their-empires

Shop kings go bust: the rise and fall of Hong Kong’s retail property moguls

1+ day, 4+ hour ago   (177+ words) They were the “shop kings” of Hong Kong, owning dozens of properties in the same district and even the same street. But over the past few years many of these landlords have gone bankrupt, hit by the collapse in post-pandemic…...

South China Morning Post
scmp.com > business > article > 3367061 > next-gen-wealthy-hongkongers-drop-property-higher-returns-deposits-and-hedge-funds

Diminishing gains: why next-gen wealthy Hongkongers pivot from property assets

1+ day, 10+ hour ago   (172+ words) Property is losing its sparkle for next-generation investors who prioritise liquidity, easy succession and higher returns When Maria’s family moved out of their house in Hong Kong’s Southern district, one of the bigger jobs was packing her mother’s belongings, including…...

South China Morning Post
scmp.com > news > hong-kong > society > article > 3367319 > quality-concerns-prompt-further-tests-concrete-used-3-public-housing-blocks

Quality concerns prompt further tests on concrete used in 3 housing blocks

1+ day, 22+ hour ago   (215+ words) Main contractor on Tung Chung estate, Able Engineering, is also part of a joint venture involved in scandal-hit lift installation work The quality of concrete used in three blocks of a public housing estate under construction in Tung Chung requires…...

South China Morning Post
scmp.com > business > banking-finance > article > 3367133 > yuen-kee-food-enters-final-stage-hong-kong-ipo-after-hkex-approval-sources-say

Yuen Kee Food clears HKEX listing hearing for up to HK$400 million IPO: sources

3+ day, 9+ hour ago   (195+ words) The dumpling chain is likely to list in October following three funding rounds Yuen Kee Food Group, the owner of well-known restaurant brand Yuen Kee Dumpling, has cleared its listing hearing with the Hong Kong Exchanges and Clearing (HKEX), aiming…...

Google News
scmp.com > business > china-business > article > 3366991 > can-hong-kong-stocks-contend-wild-swings-without-help-state-hands

Can Hong Kong stocks contend with wild swings without help from state hands?

4+ day, 7+ hour ago   (265+ words) State buying appears to quash panic selling in mainland China-listed shares, but Hong Kong’s unsettled market can’t expect government intervention As concerted state buying puts a floor under mainland China’s onshore stock market amid Beijing’s stabilisation measures, investors in Hong…...

South China Morning Post
scmp.com > news > hong-kong > transport > article > 3366743 > hong-kongs-mtr-corp-wins-bid-part-group-build-new-sydney-station-properties

Hong Kong’s MTR Corp wins bid as part of group to build new Sydney station

6+ day, 5+ hour ago   (231+ words) Rail giant and subsidiaries of Malaysian engineering firm Gamuda Berhad win bid as joint venture, in deal reportedly worth A$880 million Hong Kong rail giant the MTR Corporation has won a bid as part of a consortium to design and…...

South China Morning Post
scmp.com > opinion > hong-kong-opinion > article > 3366027 > hong-kong-aviation-success-today-means-more-just-adding-routes

Opinion | Hong Kong aviation success today means more than just adding routes

6+ day, 11+ hour ago   (489+ words) South China Morning Post When Cathay Pacific Airways announced direct flights to Almaty starting next January, the significance went beyond adding another destination The service will be Cathay Pacific’s first to Central Asia and the only non-stop passenger connection…...

South China Morning Post
scmp.com > photos > hong-kong > 3366537 > humanoid-robot-operated-convenience-stores-debut-hong-kong-pictures

Humanoid robot-operated convenience stores debut in Hong Kong: in pictures

1+ week, 1+ day ago   (14+ words) South China Morning Post...

Google News
scmp.com > opinion > comment > article > 3366343 > hong-kong-feels-heat-it-needs-robust-climate-resilience-strategy

Editorial | As Hong Kong feels the heat, it needs a robust climate resilience strategy

1+ week, 1+ day ago   (236+ words) Beyond alerts for extreme weather, the city needs a system that protects workers, older people, lower-income households and other vulnerable groups The city is not alone in feeling the heat in this regard. Some countries in Europe have endured their…...

South China Morning Post
scmp.com > news > hong-kong > society > article > 3366433 > after-66-years-kau-kees-first-shop-offers-fish-balls-every-hongkonger-has-eaten

After 66 years, Kau Kee shop offers fish balls ‘every Hongkonger has eaten’

1+ week, 2+ day ago   (252+ words) Second-generation owner Anita Lee has modernised the family business so customers can now directly buy the products once supplied only to industry Anita Lee Yan-kwan grew up around a traditional business that supplied fish balls to Hong Kong’s street food…...