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The number of mega-wealthy people in China reached an all-time high this year, with tech tycoons including the founder of DeepSeek joining a closely watched rich list as the country expands its AI reach. The number of people worth more than 5 billion yuan ($750 million) rose to a record 1,
Hong Kong’s exports jumped by 64.9 per cent year on year in September, the highest growth in more than 40 years, with artificial intelligence-related (AI) products further fuelling the momentum of recent months. Provisional figures released by the Census and Statistics Department on Wednesday showed
Against a backdrop of geopolitical strains in the Middle East, the Yulan renminbi bond structure has made its debut in Dubai, garnering strong investor interest with its order book more than five times oversubscribed, as global investor appetite for yuan assets remains firm. Bank of China Dubai rang
Open-weight models, China-US tensions, Taiwan – just a few of the more than dozen references to China-related risks cited in Anthropic’s much-anticipated listing prospectus, which was finally released on Monday after months of speculation. Mostly concentrated within the 93-page “risk factors” sectio
Hong Kong authorities have proposed raising the residential share of a Hung Hom harbourfront development to more than 60 per cent by cutting commercial floor space, citing “strong doubts” over market demand for offices. The Development Bureau, which submitted the latest proposal to the Legislative C
Firefighters raced to rescue two workers left dangling on safety harnesses more than 30 storeys above ground outside a skyscraper in Hong Kong’s Central district on Monday evening after their suspended working platform apparently malfunctioned and dropped. The incident occurred at about 6.16pm at Ja
The head of Hong Kong’s new drug regulatory body has pledged to build a fully capable and globally trusted agency that will become a catalyst for medical innovation rather than merely acting as a “miniature version” of existing overseas models. Dr Li Zili, controller of the Hong Kong Centre for Medi
Emergency crews scrambled on Saturday to restore power to tens of thousands of homes in Taiwan after Typhoon Champi’s fierce winds battered the island, with the storm moving towards China and Japan. Authorities evacuated more than 5,000 people from their homes ahead of the storm, which toppled
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
More than 70 flights between Hong Kong and Taiwan have been cancelled ahead of Super Typhoon Champi potentially making landfall on the island later on Friday. As of noon on Friday, more than 30 flights between the city and Taiwan Taoyuan International Airport had been cancelled, according to a South
China’s first fully AI-generated feature film opens in cinemas on Friday, in what promises to be a tough box-office test for the country’s booming tech industry as advance ticket sales lag. More than 10,000 screenings of “Sanxingdui: Future Past”, a sci-fi thriller, are sched
A strong earthquake killed at least 16 people and injured 46 in China’s remote Tibet region, state media said, citing local authorities. More than 300 houses collapsed in the 7.0 magnitude quake, which struck on Thursday at 10:33 pm (1433 GMT). Officials were still evaluating the damage, and d
HSBC will launch its Hong Kong dollar-backed stablecoin in stages from Friday for more than 3.3 million users of its PayMe app, as the bank pushes to bring digital currencies into the city’s mainstream retail and investment markets. HSBC RedCoin, available only through PayMe and the bank’s Hong Kong
[The content of this article has been produced by our advertising partner.] Why Children Need More Than Screens to Master the Future Hong Kong is moving decisively into the age of artificial intelligence in education. The government has committed significant funding to digital education, supporting
Nasdaq-listed fintech company Solana and healthcare giant Johnson & Johnson are among the latest batch of enterprises in artificial intelligence, healthtech and advanced manufacturing to establish or expand operations in Hong Kong, bringing in more than HK$10 billion (US$1.28 billion) in investment
Inspections into lift safety across Hong Kong have found no missing fire-resistant door frames among contractors other than Taizoom Elevator, authorities said on Thursday, after 338 buildings served by the firm were confirmed to lack the crucial components. The Electrical and Mechanical Services Dep
An independent committee investigating Hong Kong’s deadliest fire in decades has submitted its final report to the government, with a source saying the document spans more than 10 chapters and singles out four government bodies for accountability. The blaze at Wang Fuk Court in Tai Po on November 26
亞太經合組織（APEC）財長會議在港舉行期間，泰國副總理兼財政部長Ekniti Nitithanprapas昨與香港商界會面，及出席兩場美資銀行的活動。
Hong Kong’s urban redevelopment body will spend no more than HK$100 million to set up a subsidiary that will verify tender applications using automated AI systems, in response to accusations of corruption in the wake of the deadly Tai Po fire. The sum amounts to a third of the full HK$300 million th
Hong Kong’s exceptionally warm October weather is being driven by a combination of a super typhoon, El Nino and global warming, a climate expert has said, warning that higher-than-usual temperatures are likely to persist through the winter. The warning came as autumn temperatures across the city top
As artificial intelligence reshapes the finance industry, commercial bankers are facing a “more miserable” transition than their central banking counterparts, the head of the world’s largest lender by assets said. Industrial and Commercial Bank of China president Liu Jun said that while central bank
Hong Kong International Airport (HKIA) has said it handled 4.86 million passengers in September – up 10.2 per cent from the same period last year – thanks to strong upticks in transit passengers and visitors from mainland China. The Airport Authority said on Tuesday that there was “
Hong Kong lift contractor Taizoom Elevator failed to properly install door frame components across more than 300 buildings across the city, a government probe has found, following similar defects revealed at two public housing estates last week. The Electrical and Mechanical Services Department (EMS
When Severe Typhoon Dolphin approached eastern China in August, more than 110,000 delivery riders across Hangzhou received automatic alerts and personalised safety guidance on their mobile phones every minute. With a few taps, Hangzhou’s “riders’ code” system navigated them to the nearest shelters,
Hong Kong families have paid tribute to their ancestors on the final day of the Chung Yeung Festival long weekend, with rituals ranging from full traditional rites to a simple bunch of flowers, despite pricier offerings. More than a dozen people queued outside Chai Wan MTR station on Monday morning,
Hong Kong’s revamped Huanggang Port handled more than 152,000 crossings on Sunday, with some travellers waiting up to two hours amid congestion that lawmakers attributed to unfamiliarity with new clearance procedures, a surge in traffic and computer system reboots. Immigration Department figures sho
While celebrating the Chung Yeung Festival, we are reminded of the harvest, family reunions and the need to pay our respects to those who have departed. Spooky season is upon us, too, and Halloween is about more than just trick-or-treating. It also reminds us of the autumn harvests and those who hav
Bitcoin may extend its rebound but is unlikely to break above US$100,000 before the end of the year, as rising interest rates and the Iran conflict continue to weigh on crypto assets, according to analysts. The crypto asset class is likely to end the year higher than it is today, but below the peak
Hong Kong homebuyers are poised to see new residential launches in the coming days and weeks following a sell-out weekend of more than 360 flats in two major projects in the city. Sun Hung Kai Properties (SHKP), one of Hong Kong’s major developers and landlords, was set to hold a second round of sal