World News by Wild Rose

Some 280 global top bankers, including 120 group chairmen and CEOs, will gather in Hong Kong next week to learn how the city has been “rethinking the playbook” to go forward in coming years, Hong Kong Monetary Authority (HKMA) chief executive Eddie Yue Wai-man said on Monday. The top bankers, including Morgan Stanley chairman Ted Pick, Goldman Sachs chairman David Solomon, and Blackstone president and COO John Gray, will attend the city’s fifth edition of the Global Financial Leaders’ Investment...

A man has died after falling from a building while trying to flee a Hong Kong police raid on a suspected drug den in Yau Ma Tei. The 42-year-old man, surnamed Kwong, was found unconscious outside 385-387 Reclamation Street at about 9.28pm on Sunday. He was rushed to Kwong Wah Hospital, where he was pronounced dead, police said on Monday. At 9.21pm, officers from the Organised Crime and Triad Bureau launched an operation at the building, breaking into a flat suspected of operating as a drug...

A 26-year-old warehouse worker has been injured in Hong Kong after being chased by three dogs and bitten by one of them on his way to work. A source said police received a report at around 8am on Monday from the victim, surnamed Leung, saying one of the dogs pounced on him as he was walking towards his workplace at a logistics company in Yuen Long’s Kam Pok Road. Paramedics arrived at the scene and found the victim with minor wounds. He was sent to Pok Oi Hospital for treatment. The source said...

An international arbitration body in Hong Kong is exploring business opportunities in the Middle East and Africa, citing the city’s neutrality and predictability as key draws for new markets amid rising geopolitical tensions. Domitille Baizeau, co-chairwoman of the Hong Kong International Arbitration Centre, said the city had benefited from an overall shift in global business growth from Europe to Asia, with overseas businesses increasingly choosing Hong Kong to arbitrate disputes. The...

Hong Kong’s No 2 official has pledged to open extra clearance counters and vehicle lanes at the recently revamped Huanggang Port control point ahead of peak hours, after Halloween crowds and concertgoers created heavy cross-border congestion. Chief Secretary Eric Chan Kwok-ki, who inspected the Shenzhen Bay and Huanggang ports on Sunday, said he had instructed the Security Bureau to step up advance assessments and passenger flow forecasting. He added that he had directed the Transport and...

About 1 million employees in Hong Kong will be allowed to move their entire Mandatory Provident Fund (MPF) balance to a different provider once a year under the “full portability” arrangement, effective from December 21 for the first phase of implementation. The Mandatory Provident Fund Schemes Authority, which manages the city’s mandatory pension plans, said on Sunday that the “full portability” arrangement would be carried out in two phases to ensure a smooth and orderly implementation. In a...

Hong Kong’s major property developers are shifting investment in mainland China from residential projects to commercial assets, including hospitality, as weak home sales and fewer attractive investment opportunities prompt them to focus on existing properties, recurring income and debt reduction. “In recent years, after we recycled the capital from our projects, we haven’t really found many good opportunities on the mainland,” Stephen Ng, chairman and managing director of Wharf Holdings, said at...

Hong Kong’s regulator for in vitro fertilisation (IVF) has referred a case to law enforcement agencies after a mainland Chinese influencer was suspected of offering to bring non-local surrogate mothers of LGBTQ parents to give birth in the city. Tan Zubiao, also known as Berlin Sun, had set up a company in the city and advertised on social media commercial surrogacy services for LGBTQ couples, according to Hong Kong media. Tan and his foreign husband, who have two children through surrogacy,...

Sherry Shum has embraced a new shopping routine after finding a smart vending machine near her home in Chai Wan. The 37-year-old retail worker uses her phone to scan a QR code, opens the smart machine’s door, picks up a bottle of Coca-Cola, an oolong tea and a pack of potato chips, closes it and walks away with HK$60 (US$7.70) worth of goods. The whole process is so seamless that the only time she spends is deciding what to buy. The moment Shum takes an item from the shelf, the machine detects...

Hong Kong and mainland Chinese police have arrested 33 people in a joint operation to crack down on a suspected credit card theft syndicate targeting city residents who travel across the border for leisure, with losses exceeding HK$1.8 million (US$229,500). Superintendent Tsang Chun-kit of police’s crime Kowloon East Regional Headquarters said the syndicate had allegedly stolen Hongkongers’ credit cards in Shenzhen, and then immediately brought those cards back to the city to make purchases for...

About 16,000 Hong Kong residents have signed up for a joint exam to drive taxis or ride-hailing cars, the transport chief has said. Speaking on a radio programme on Saturday, Secretary for Transport and Logistics Mable Chan said the allocation arrangement for the 10,000 ride-hailing vehicle permits would be announced in November, with the government considering increasing the odds for certain drivers in the lottery draw. “We are pleased to see the enthusiastic response to the joint examination....

Private recreation leases have a long and contentious history in Hong Kong. Complaints about the inequity of granting land leases to private clubs at a nominal premium for the exclusive enjoyment of a small number of members have been raised many times. This issue is increasingly pressing. Twenty-seven sites are involved and almost all the leases for these sites are set for renewal next year. In response to this perceived inequality, the government reviewed its policy for clubs with private...

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 2025-26, the number of private secondary institutions increased from 16 to 25, a jump of 56.3 per cent, Education Bureau figures show. Leaders at schools offering alternative curriculum pathways said that...

One of Hong Kong’s last traditional sauce makers is to cease operations, ending its 90-year legacy, after authorities cleared land at its Kwu Tung factory on Friday. Established in 1936, Kui Lee Sauce and Preserved Fruit confirmed to the South China Morning Post that it would close down once its remaining inventory at its shop in Wan Chai was sold. “Our factory in Kwu Tung has halted production, and all remaining stock is at our retail shop. We will close permanently after selling through all...

Two women have been arrested in Hong Kong on suspicion of child abuse after an 11-year-old girl posted videos on social media in a plea for help, capturing moments of emotional distress inside her home. Police arrested a 61-year-old local woman and a 43-year-old foreign woman in Wong Tai Sin on Friday on suspicion of ill-treatment or neglect by those in charge of a child or young person. The girl, found with red and swollen limbs, was sent to Queen Elizabeth Hospital in Yau Ma Tei in a conscious...

The Fire Services Department will bear “ultimate responsibility” for following up on fire safety complaints across Hong Kong, the security chief has said, pledging legal reforms after the deadly Tai Po blaze, as an independent committee’s report is expected to identify the department as among those responsible. Secretary for Security Chris Tang Ping-keung made the pledge a day after the judge-led committee submitted its final report to the government. Sources said the report would identify...

Beijing has slammed “irresponsible remarks” by Britain after a UK report said Hong Kong’s national security law had further diminished the openness that underpinned the city’s success. In the United Kingdom’s latest six-month monitoring report on Hong Kong, released on Thursday, Foreign Secretary Ed Miliband said he was “deeply concerned and disturbed” by the continued imprisonment of former media boss Jimmy Lai Chee-ying, who was jailed for 20 years over national security offences. “We continue...

[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 schools in purchasing AI tools, digital resources and related training. The message from policymakers is clear: our children must learn to master technology. They are right. But true mastery requires...

Hong Kong workers received smaller pay rises this year as Guangdong’s wage growth picked up, with the starting salaries of university graduates edging closer to those of non-degree holders, an annual survey has found. Hong Kong Baptist University released the findings of its 2026 Guangdong-Hong Kong-Macau Greater Bay Area Pay and Benefits Survey on Thursday. It showed that companies in Hong Kong and Macau slowed pay rises this year. Meanwhile, Hong Kong’s unemployment rate rose by 0.1 percentage...

Hong Kong and Singapore are locked in a fight for Asia’s billionaires and fund managers. Now, with an IPO boom and Mainland China’s backing, Hong Kong is making a move with tax exemptions on carried interest. (Source: Bloomberg)

Hong Kong’s leader pledged to showcase the city’s financial strengths to the world as it hosts the two-day Apec Finance Ministers’ Meeting for the first time. Observers said the event, which began on Tuesday and runs until Wednesday, would also help dispel foreign misunderstandings about Hong Kong’s economy and development, while drawing business leaders from around the world. Speaking at a summit on Greater Bay Area development, Chief Executive John Lee Ka-chiu expressed gratitude for the...

Jeny Yeung, CEO at MTR, discusses the opportunities she sees for the railway operator as it expands into Hong Kong's Northern Metropolis. She speaks exclusively on "Bloomberg: The China Show." (Source: Bloomberg)

An elderly man was pulled unconscious from a flat after a fire broke out in a residential building in Hong Kong’s Western district on Monday night, with about 60 residents evacuating the premises. Police received a report at 8.57pm that flames had erupted in a flat in Hang Fai Building on Pok Fu Lam Road in Sai Ying Pun. Firefighters deployed a water jet and a breathing apparatus team to tackle the fire, which was extinguished at 9.54pm. A man in his 70s was found unconscious and was rushed to...

A woman has been arrested on suspicion of animal cruelty after allegedly throwing a dog into the sea in Hong Kong. The incident occurred at about 1pm on Thursday, when the woman was reportedly seen throwing a dog from the waterfront near 29 Tai On Street in Sai Wan Ho into the water. She then retrieved the animal and left the scene. A passer-by who witnessed the incident alerted police. Following an investigation, officers arrested a 59-year-old local woman on Saturday near the junction of Tai...

Giant pandas, open-top bus rides, a Chinese cooking class, traditional opera, a harbour cruise, the Big Buddha, and The Peak are among the highlights of a packed social programme for VIPs attending this week’s meeting of Apec finance ministers in Hong Kong, the South China Morning Post has learned. According to official itineraries obtained by the SCMP, about 500 delegates and guests from the Asia-Pacific Economic Cooperation forum’s 21 member economies have been offered a range of activities...

Hong Kong tourism authorities have pledged to review the roll-out of a lighting project along a trail on The Peak after mounting complaints that flowers and trees were chopped down to make way for the installations. But the Tourism Board defended the project, saying it had consulted local residents and sought advice from tree experts to minimise the impact on the surrounding environment. In a statement on Sunday, the board said it valued residents’ views and would now “conduct broader...

Hong Kong social worker Mark Cheung Kai-yuen is working to make dental care more accessible for cancer survivors, people with disabilities and children with special needs who often struggle to find suitable clinics. Through Smile Again, the social enterprise he co-founded with dentist Dr Ho Kwun-yin, Cheung has adapted both the facility and the way care is delivered, with wheelchair-friendly facilities, longer consultations and tailored communication approaches. Cheung is a finalist for the...

Slain Hong Kong socialite Abby Choi Tin-fung’s partner has told a court she initially misled him about her former in-laws’ wealth before describing them as horrible and ungrateful after a bitter family dispute. Chris Tam Fong-chun’s testimony also shed light on his complex relationship with Choi and his former classmate Alex Kwong Kong-chi. The three remained connected through their four children, as Choi had two with each man. During the third week of Choi’s murder trial, Tam told the High...