SCMP Business
Precisely targeted sound waves could mark a major advance in treating pancreatic cancer and glioblastoma – an aggressive form of brain cancer – within a few years, according to a leading advocate of the technology. Researchers in Hong Kong and around the world are testing whether the approach can he
SCMP Tech & Innovation
Senior bankers at HSBC are facing a double blow of losing a key employment benefit while also confronting potential job losses as the lender carries out a range of measures to cut costs and achieve fair treatment for all staff, according to sources. HSBC, the biggest lender in Hong Kong, will scrap
SCMP Business
Hong Kong’s Exchange Fund, the war chest used to defend the local currency, is considering increasing its exposure to gold and other precious metals as part of the government’s push to develop the city into a gold trading hub. Hong Kong Monetary Authority (HKMA) chief executive Eddie Yue Wai-man sai
SCMP Hong Kong
Hong Kong will expand the use of the yuan in areas including gold trading and cross-border payments, as policy blueprints call for the city’s biggest push yet to internationalise the Chinese currency. Chief Executive John Lee Ka-chiu on Wednesday devoted part of the city’s first five-year plan and h
SCMP Hong Kong
A mainland Chinese joint venture has launched an electric taxi in Hong Kong next month, but a lawmaker warned that the lack of quick charging stations remained the biggest challenge to the government’s target of introducing 3,000 such cabs by next year. SAIC-GM-Wuling, a joint venture between SAIC M
SCMP Hong Kong
In the final instalment of the Health Matters wellness series on Hong Kong’s growing wellness trends, Emily Hung examines alternative therapies helping residents restore their balance, as practitioners stress that small, conscious moments can make the biggest difference. For Hong Kong film practitio
SCMP Business
For Cindy Wang, the newly opened “community store” near her home in Guangzhou has been a godsend: the small outlet is cheaper than a traditional supermarket, but offers a bigger range of groceries than convenience stores like 7-Eleven. The 20-something now often stops off at the shop after work to p
SCMP Tech & Innovation
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 the orange Hermes boxes that had accumulated in the family gym. Her 86-year-old father was reluctant to rent, while her mother – who had spent her life
SCMP Hong Kong
There has been much hyperventilating over two recent controversies at M+, Hong Kong’s museum of visual culture. The first was a series of mahjong social nights charging museum members and patrons up to HK$2,500 (US$319) for a package including an exhibition tour, a meal and social tile-shuffling in
SCMP Business
Foreign carmakers have been slashing the prices of petrol-powered cars they make in China by more than 20 per cent to survive in a cutthroat market amid weakening consumer demand. Last month, big international marques including Volkswagen and Toyota offered average discounts of 23.4 per cent on cars
SCMP Business
Sun Hung Kai Properties (SHKP), Hong Kong’s biggest developer by market capitalisation, reported its underlying profit for the year ending June rose 4.6 per cent to HK$22.85 billion (US$2.91 billion), excluding investment property revaluations. Meanwhile, its reported profit increased to HK$21.43 bi
SCMP Business
Pharmaceutical companies have embraced artificial intelligence in drug research almost universally, yet few company executives expect AI to actually make drugs succeed, according to a Citi survey released on Tuesday. “The biggest risk to the AI-powered drug discovery thesis is not that AI fails to a
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DFI零售集團旗下的本港連鎖超市惠康公布,與韓國最大食品企業CJ Foods達成策略合作,並於首爾舉行簽約儀式。透過雙方合作,惠康將進一步擴展韓國食品產品組合,為全港顧客帶來更多地道韓國美食。CJ Foods旗下bibigo™品牌作為韓食國際化的重要代表品牌之一,旗下多款深受歡迎的韓國產品將透過是次合作引入惠康及Market Place。
SCMP Hong Kong
Hong Kong will roll out its first cross-industry exhibition for high-end products ranging from haute jewellery to supercars, yachts and private jets in November, as part of efforts to attract big spenders and cement the city as a global conference and event capital. The South China Morning Post lear
SCMP Business
Private investors in Asia, including family offices operating in Hong Kong, are showing a growing appetite for advanced medical technologies such as brain-computer interfaces and surgical robotics, as healthcare deal activity picks up across the region amid China’s biotechnology boom. “Asia is agein
SCMP Hong Kong
Hong Kong’s mega-event economy is thriving. In a blog post last month, Financial Secretary Paul Chan Mo-po noted that in the first half of 2026, the city hosted more than 130 mega-events, drawing 1.75 million visitors and injecting roughly HK$5.8 billion (US$739.9 million) into the local economy. Th
SCMP Hong Kong
From big banks to fashion brands, tenants are taking advantage of potential lower rents for retail space in Hong Kong’s prime areas as they utilise eye-catching locations to boost visibility towards customers, according to agents. HSBC is unveiling its first flagship branch at the Capitol Centre, wh
SCMP Business
China’s six largest state-owned banks recorded their first simultaneous rise in first-half revenue and net profit since 2022, according to interim results released last week, as margins that had been under pressure for two years showed tentative signs of stabilising. Industrial and Commercial Bank o
SCMP Tech & Innovation
The top two executives at Alibaba Group Holding bought a combined HK$120 million (US$15.3 million) worth of the company’s ordinary shares on Monday in a vote of confidence after the tech giant unveiled one of China’s biggest fundraising rounds dedicated to AI. The share placement, the first since Al