SCMP Hong Kong
The number of private secondary schools in Hong Kong has risen by more than half in five years as demand for alternative curricula grows and new operators seek to attract families drawn by the city’s highly ranked universities, education authorities and principals have said. Between 2021-22 and 2025
SCMP Hong Kong
Tour operators have changed itineraries and pulled Hong Kong travellers away from protest hotspots in France, while some school groups have cancelled planned trips to the country following the issuance of an official travel warning. EGL Tours chairman and executive director Steve Huen Kwok-chuen sai
SCMP Hong Kong
Two rush-hour disruptions at Hong Kong’s MTR Lam Tin station within 15 hours could be connected if they involved the same power supply circuit or exposed procedural shortcomings, an engineering expert has said, with a lawmaker urging the rail operator to offer more targeted compensation to affected
HK Free Press
Hong Kong’s four franchised bus operators have applied for fare hikes of up to 17.7 per cent as they face “significant financial pressure” from soaring fuel prices amid the ongoing war in the Middle East. The city’s four bus operators — Kowloon Motor Bus (KMB), Citybus, Long Win Bu
SCMP Hong Kong
The operator of Hong Kong’s flagship San Tin Technopole has pledged to offer affordable land to attract tenants, while revealing plans to reclaim and redevelop fish ponds near the Shenzhen border to accommodate a client requiring substantial premises. Sunny Chai Ngai-chiu, chairman of San Tin Techno
SCMP Hong Kong
Four Hong Kong franchised bus operators have applied to raise fares by up to 17.7 per cent, citing “significant financial pressure” from soaring fuel prices driven by the Middle East conflict. Citybus has sought the steepest increase, at 17.7 per cent, followed by the KMB Company at 16 per cent. Lon
SCMP Hong Kong
Participants in Hong Kong’s stock market may need to wait longer for shorter transaction settlement times, as market participants want more time to prepare for the change, according to two sources familiar with the matter. Bourse operator Hong Kong Exchanges and Clearing (HKEX) said in a consultatio
SCMP Hong Kong
MTR Corporation trains on the Kwun Tong line are skipping Lam Tin station after equipment on a platform emitted smoke on Wednesday morning. The railway operator said it was providing free shuttle buses to Yau Tong, while KMB said it would increase services on routes 600, 601, 619 and 690, which link
SCMP Hong Kong
Mainland Chinese visitor arrivals in Hong Kong exceeded the government’s forecast for the entire National Day “golden week” holiday in the first six days, as major shopping centres and hotel operators reported brisk business. The city recorded 1.3 million mainland visitor arrivals over the first six
SCMP Business
DFI Retail, the food and beverage unit of Hong Kong-headquartered conglomerate Jardine Matheson, is looking to sell its mall at The Peak, one of the city’s wealthiest neighbourhoods. The entire commercial portion of the Dairy Farm Guildford Road Shopping Centre will be sold via a public tender closi
SCMP Tech & Innovation
The Hong Kong government has appointed Bryan Chan Ping-keung, a former executive at bourse operator Hong Kong Exchanges and Clearing (HKEX), as CEO to lead the development and operation of the city’s new central clearing and settlement system for gold. Chan will head Hong Kong Precious Metals Centra
SCMP Business
Zhuhai Amicro Technology, a Xiaomi-backed chipmaker, is preparing to begin premarketing for a Hong Kong initial public offering (IPO) of more than US$100 million as early as this week, according to people familiar with the matter. The company passed its listing hearing with bourse operator Hong Kong
SCMP Business
A more than 1,700 per cent share-price surge by a new listing on the Shanghai Stock Exchange last week put a spotlight on a state-owned industrial compressor manufacturer, leading the bourse operator to intervene to curb speculative trading. ShenGu Group, a maker of centrifugal compressors in northe
SCMP Business
Bourse operator Hong Kong Exchanges and Clearing (HKEX) will launch yuan-denominated gold futures early next year, while the city’s de facto central bank plans to introduce more yuan products and platforms to support the diversification and digitalisation of the currency’s internationalisation, spea
SCMP Hong Kong
Around 100 start-ups selected to join Hong Kong’s flagship border tech hub will undergo mentorship programmes ranging from five to eight years, backed by industry heavyweights, the operator has revealed. Vincent Ma, CEO of Loop Hong Kong Park Company, said in an interview on Thursday that the start-
SCMP Business
The outlook for shopping centres in Hong Kong is improving, and the business will thrive if operators use new stores and attractive events to counter locals’ fondness for cross-border shopping trips, according to the CEO of Hang Lung Properties. The company’s malls recorded growth in July, and busin
SCMP Business
Hong Kong’s stock market is facing fresh pressure to accelerate its review of longer trading hours after South Korea’s main bourse extended its session by four hours on Monday, according to an industry player. The Korea Exchange, South Korea’s bourse operator, launched a real-time after-market from
SCMP Business
The turmoil surrounding Chinese hotpot chain restaurant operator Haidilao International Holding could serve as a warning to investors of the risks stemming from Beijing’s new taxation regime on overseas assets held by wealthy individuals. A plan by Shu Ping, the co-founder and wife of Haidilao chair
SCMP Hong Kong
Hong Kong’s rail operator has reported a suspected mass fare evasion incident to police after online footage showed over 30 people tailgating through barriers at Tsim Sha Tsui station without paying the correct fare, with no station staff seen intervening. A viral video last week appeared to show a
SCMP Hong Kong
Ride-hailing platform Uber will submit its operator’s licence application in Hong Kong by the end of October, its local general manager has revealed, as the city government moves to regulate the service. The platform also said on Tuesday that Hong Kong residents accounted for the largest share of it
SCMP Business
With the saga surrounding Evergrande founder Hui Ka‑yan ending in his life sentence and the ongoing financial struggle of mainland developers, analysts said challenges remained for troubled operators getting away from the vicious cycle of a sluggish property market, even though risk resolution had l
SCMP Hong Kong
Anita Lee Yan-kwan grew up around a traditional business that supplied fish balls to Hong Kong’s street food stalls and eateries. But for decades, Kau Kee Food Factory’s signature product was known only among industry operators until Lee, a second-generation owner, opened the company’s first retail
SCMP Hong Kong
Hong Kong’s railway operator has sued the local distributor behind embattled beauty brand Opatra London for allegedly failing to pay more than HK$347,000 (US$44,248) in rent and other fees at one of its shopping malls. A court document reviewed by the South China Morning Post on Thursday showed the
SCMP Hong Kong
Hong Kong’s food and beverage (F&B) operators, both new and existing players, signed leases for 155,000 sq ft of new floor space in the second quarter of this year, a record high for the sector and more than double the amount registered in the first quarter, according to property consultancy CBR
SCMP Hong Kong
Operators of over 60 per cent of subdivided flats in Hong Kong have applied for a three-year grace period to give themselves more time to comply with a regulatory regime rolled out six months ago, the housing minister has said. Secretary for Housing Winnie Ho Wing-yin said on Thursday the applicatio
SCMP Hong Kong
Hong Kong authorities have arrested a 28-year-old man in charge of a clinic accused of selling a laboratory reagent as an unapproved vaccine against more than 20 types of cancer. The arrest followed a joint operation by the Department of Health and police, during which investigators raided 13 premis
SCMP Tech & Innovation
Bourse operator Hong Kong Exchanges and Clearing (HKEX) is exploring merging the GEM board with its main board by creating a new chapter of its listing rules, according to a source familiar with the discussions. The proposal to create Chapter 18D, which would be a core part of the second phase of th