Hong Kong

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It's detox time for politicians in Punjab.

Politicians in Punjab, who sweated it out during the chilly winter months, are now unwinding as D-day approaches. While some opted for naturopathy and detox sessions, others are on a tour of the US, Bangkok, Dubai and Hong Kong. From film shoots and book launches to big fat Punjabi weddings, the 'netas' are making good use ...

- Deccan Herald - IN

Hong Kong arts hub in need of extra HK$11.7 billion to complete construction of facilities.

An extra HK$11.7 billion would be needed to complete the second and third phases of facilities at the West Kowloon arts hub, Chief Secretary Matthew Cheung Kin-chung said, despite the management body making a HK$5.9 billion profit over the years. Lawmakers slammed the difference from the original estimated cost and ...

- South China Morning Post - HK

Hong Kong police offer protection to newspaper staff after ‘gagging threat’ ahead of leadership election.

Police are offering protection to senior staff of the Chinese-language Sing Pao Daily News after receiving complaints of suspicious people hanging around the building and stalking employees. The newspaper, whose chairman Gu Zhuoheng is allegedly a wanted man in mainland China, labelled the case a “political ...

- South China Morning Post - HK

Nominations from teachers’ union push John Tsang closer to joining Hong Kong chief executive election.

John Tsang Chun-wah looks set to become the second chief executive contender to get into the race, alongside the city’s former No 2 Carrie Lam Cheng Yuet-ngor, after he scooped up nominations from educators in the pan-democratic camp yesterday. The 35 nominations given by the Professional Teachers’ Union to the ...

- South China Morning Post - HK

Former Hong Kong leader Donald Tsang faces strict regime if he is sent to Stanley Prison.

Disgraced former chief executive Donald Tsang Yam-kuen faces the music on Wednesday morning when a judge hands down his sentence for one count of misconduct in public office. If he does go to jail, he might well be reunited with his former right-hand man, former chief secretary Rafael Hui Si-yan. A prison insider told the ...

- South China Morning Post - HK

Will Leung Chun-ying be next in line for prosecution in Hong Kong?.

The conviction of disgraced former chief executive Donald Tsang Yam-kuen has sparked questions about when and whether his successor might be next to face prosecution. Investigations have been ongoing over incumbent Leung Chun-ying’s decision not to declare his HK$50 million deal with Australian engineering firm ...

- South China Morning Post - HK

Help for Hong Kong tourism on the way in Paul Chan’s first budget.

Financial Secretary Paul Chan Mo-po is expected to waive licence fees for travel agencies, hotels and restaurants and grant extra funding for Hong Kong’s tourism promotion body when he delivers his first budget on Wednesday. The measures are expected to cushion the persisting downturn affecting the sector, with the ...

- South China Morning Post - HK

Offensive onslaught: Japan women's hockey squad sets Asian Games record with 46-0 rout of Hong Kong.

A drained South Korea fell 1-0 to Kazakhstan to suffer its second straight tough loss in the Asian Winter Games women's ice hockey tournament Tuesday. In the evening's final affair, Japan beat Hong Kong 46-0, an Asian Games record for most goals scored in a single game. China set the previous mark in 2003 with The post ...

- The Japan Times - JP

This Scottish craft brewer is entering the world's top beer market.

The UK's second-largest craft brewer Innis & Gunn today announced its beers will soon be available in Asia - the world's largest beer market. The Scottish brewer today announced a deal with Dxcel International to distribute its beer to the on and off-trade markets in mainland China, Hong Kong, Macau and Taiwan. The deal ...

- City AM - UK

HSBC share run stumbles on writedowns, tough outlook.

HONG KONG/LONDON - HSBC's full-year profit slumped 62 percent and fell far short of forecasts on Tuesday as the bank took hefty writedowns from restructuring and flagged near-term brakes on revenue growth.

- Reuters - US

Insiders worry as anger at officers’ jailing for Ken Tsang beating spreads through Hong Kong police.

Organised rank-and-file anger in the police force over the jailing of officers who beat up activist Ken Tsang Kin-chiu during 2014’s Occupy protests has spread to the force’s upper echelons, fuelling concern among officers and lawyers that continued disquiet could cause a politicisation of the force and ...

- South China Morning Post - HK

Tymal Mills’ IPL price tag of HK$13.5 million raises profile of Hong Kong T20 Blitz

The Hong Kong T20 Blitz will boast one of the world’s most expensive cricketers after England fast bowler Tymal Mills was snapped up by an Indian Premier League franchise for HK$13.5 million . Mills, 24, entered his name into the IPL auction this week half-hoping to be picked up at the base price of £60,000. ...

- South China Morning Post - HK

Hong Kong police escort team carries out exercises ahead of visit by state leader in June

The elite Hong Kong police escort team is conducting a five-day motorcycle VIP escort exercise this week ahead of the July visit of a state leader, the Post has learned. About 40 officers from the escort team, riding motorcycles, were assigned to clear obstacles and cordon off roads in Fanling and Sheung Shui during the ...

- South China Morning Post - HK

Banking on change: Five things to consider ahead of Paul Chan’s maiden Hong Kong budget

A sunset budget for CY Leung’s administration Paul Chan Mo-po will on Wednesday hand down the last budget for the administration of Chief Executive Leung Chun-ying, whose term expires in June. But at the same time, its validity will last through to the end of the financial year next March – nine months after the ...

- South China Morning Post - HK

Hong Kong officials in talks with owners of historic Red House amid demolition fears

Proposals to save a historic house believed to have served as a secret base for Chinese revolutionary leader Sun Yat-sen have been raised with its owners. The Development Bureau took the step after 300 people, fearing the Red House in Tuen Mun was in danger of demolition, protested on Sunday. “ exploring preservation ...

- South China Morning Post - HK

Hong Kong-China World Cup battles inspire Eastern ahead of clash against Guangzhou Evergrande

Hong Kong champions Eastern aim to take inspiration from the national team’s heroic World Cup displays against China when they take on the big-spending champions from the mainland, Guangzhou Evergrande Taobao, in the AFC Champions League on Wednesday. Eastern are the first Hong Kong team ever to make it to the group ...

- South China Morning Post - HK

Hong Kong lawmaker urges government to withdraw comment on education system’s effect on student suicides

Education sector lawmaker Ip Kin-yuen called on the government to withdraw its comment that the education system was not the direct cause of student suicides, after another teenager killed himself on Tuesday. This came after four other students committed suicide and two made attempts within a two-week period from February ...

- South China Morning Post - HK

Former Hong Kong leader Donald Tsang faces loss of honours and benefits

A jail sentence would not only cause former chief executive Donald Tsang Yam-kuen to lose his trademark bow tie, but leave his honours hanging in the balance, the Post has learned. The decision on whether Tsang would be able to keep the city’s top honour bestowed on him for his contribution to society lies in the ...

- South China Morning Post - HK

Tests reveal high rate of colorectal cancer among elderly Hong Kong people

Colorectal cancer was found in more than 6 per cent of elderly people who underwent a colonoscopy in a government pilot programme – double the figure expected. The first participants in the scheme, launched in September, were aged 68 to 70, and it will be extended to cover those born from 1946 to 1951. The Centre for ...

- South China Morning Post - HK

Losses Increase at Hong Kong Disneyland

Losses at the Hong Kong Disneyland theme park increased in 2016 to $22.1 million as visitor numbers dropped to 6.1 million. But the park operators said that the trend is now improving and that they will press on with investment plans. The park, which is jointly owned by the Hong Kong government and...

- Variety - US

Meitu's new phone includes a dual pixel front camera and AI-powered beautification

Selfie app and phone company Meitu has unveiled its latest smartphone, which doubles down its focus on selfie cameras and beautification. Meitu went public in December with a Hong Kong listing that was fairly tepid but nevertheless the country's largest tech IPO since 2007. It started out making selfie apps but branched ...

- TechCrunch - US

Hong Kong box throughput rises 3.5% in January

Challenges of competition and land constraints remain after 2016 throughput drop

- LloydsList - UK

'xXx: Return of Xander Cage' continues to lead Chinese box office

"XXX: Return of Xander Cage," a Hollywood action movie featuring Vin Diesel, grabbed the top spot in the Chinese film market for the second consecutive week, China Film News reported Tuesday. The film earned 500 million yuan in the week ending Feb. 19 and has grossed a total of 922 million yuan since its release on Feb. 10. ...

- Shanghai Daily - CN

HSBC's 2016 profit slumps 62 percent on writedowns as outlook dims

HONG KONG/LONDON - HSBC Holdings reported a 62 percent slump in annual pre-tax profit that fell way short of analysts' estimates as the British bank took hefty writedowns from restructuring and pointed to brakes on revenue growth. HSBC shares slid more than 6 percent after the company reported revenues fell by a fifth from ...

- Yahoo! News Finance - US

Cold week ahead for Hong Kong as monsoon brings fog and cools city

Hong Kong is set to brave a chill over the next few days, with temperatures projected to plummet as low as 13 degrees Celsius on Friday. And a strong stream of moist air from the east had shrouded the city in mist by Tuesday morning, pushing visibility in the harbour below 5,000 metres. The Observatory issued a strong ...

- South China Morning Post - HK

Hong Kong doctors slam insurer’s decision to limit benefits for hospital procedures as ‘unacceptable’ and unsafe

The head of the Hong Kong Medical Association has criticised leading insurance firm AIA for tightening its claims policy for a number of hospital procedures, saying it threatens patient safety. The insurer last month advised doctors that it is considering scrapping all benefits covering hospitalisation fees for ...

- South China Morning Post - HK

Worker dies after being buried alive at Hong Kong power plant

A worker died after being buried alive in three metres of what is suspected to be coal ash at a power plant on Tuesday. The victim, a man in his 50s, was one of seven workers cleaning a giant dust pool at Castle Peak Power Station on Lung Yiu Street, Tuen Mun at about 11.30am. “Initial information showed suspected ...

- South China Morning Post - HK

Facts, hypocrisy and the outcry over police ‘abuse’ in Hong Kong

This is likely to make me a target of bricks prised from Mong Kok streets but I would like to stick my middle finger at those who claim police brutality is prevalent. If they want to know what police abuse really means, try poking an umbrella, yellow or not, at a cop in the US or Europe, both democracies. These people, ...

- South China Morning Post - HK

Asia stocks consolidate recent gains; China shines

HONG KONG - Asian stocks held ground on Tuesday though Chinese equities surged to a fresh 2-1/2 month high as domestic funds piled into financial counters on expectations the world's second biggest economy may have turned a corner.

- Reuters - US

Football news

Genoa have sacked coach Ivan Juric after a 5-0 away defeat to last-placed Pescara and replaced him with Andrea Mandorlini. Around 200 supporters blocked the team bus after Sunday's game, throwing eggs, shouting insults and spitting and kicking. Mandorlini, a former Inter defender, has previously coached Atalanta, Sassuolo, ...

- timesofmalta.com - MT

HSBC warns of risks to world economic growth as profit dives

HONG KONG " London-based bank HSBC reported Tuesday that annual profit slumped following a year it said would be remembered for "unexpected economic and political events" and warned of risks in 2017 to the global economy's continuing...

- The New Zealand Herald - NZ

From Hong Kong to Sydney: Asia's Unaffordable Cities

Solving Asia's affordability crisis will not happen overnight, and will require both demand and supply-side measures.

- The Diplomat - US

Hong Kong Police and Pro-Beijing Groups Protest After Court Convicts Officers of Assaulting Activist

"Police misconduct is not frightening as these are single cases. What's frightening is police wrongdoing can be justified by politics."

- Global Voices - US

Hong Kong's foreign bankers bid farewell to Central

Demand from mainlanders pushes traditional financial tenants out of the city's core

- Financial Times - US

Hong Kong's 'Beef Ball' takes bite out of gender gap

HONG KONG, Feb 21 — Hong Kong's Chan Yuen-ting will smash another hole through football's glass ceiling when she makes history in the AFC Champions League tomorrow — but it couldn't be a tougher debut for the trailblazing female coach....

- The Malay Mail - MY

HSBC's 2016 pre-tax profit falls 62pc on one-time charges

HONG KONG, Feb 21 — HSBC Holdings' 2016 pre-tax profit fell 62 per cent, below analysts' estimates, as it grappled with slowing economic growth in its core markets of Hong Kong and Britain and took one-time charges related to some of its...

- The Malay Mail - MY

Asia stocks steady amid lack of cues; China gains

HONG KONG - Asian stocks held ground on Tuesday though Chinese equities surged to a fresh two-month high as domestic funds piled into financial counters on expectations the world's second biggest economy may have turned a corner.

- Reuters - US

Hong Kong box throughput rise 3.5% in January

But whether the recovery is sustainable remains to be seen

- LloydsList - UK

‘Someone I admire’: three letters of mitigation for convicted former Hong Kong leader Donald Tsang

Former chief executive Donald Tsang Yam-kuen might have been portrayed during the court hearing as a greedy leader. But an outpouring of support attempts suggests otherwise. Some 40 mitigating letters were presented to the court ahead of his sentencing. Wong Yan-lung, justice secretary during Tsang’s tenure re: Mr ...

- South China Morning Post - HK

Asian stocks steady, euro pressured by French election worries

HONG KONG - Asian stocks held near 1-1/2-year highs in subdued early trade on Tuesday as a holiday in the United States left investors with few catalysts, while the euro nursed overnight losses as lingering concerns about the looming French election rattled its bonds.

- Reuters - US

Four more Hanjin ships sold

Hong Kong sale clears way for new charters

- LloydsList - UK

Hong Kong chief executive contender John Tsang snags 11 more pan-democrat nominations

The popular underdog in the chief executive election, John Tsang Chun-wah, was given a boost on Monday night by bagging 11 more nominations from the pan-democratic camp. This brought his total to 67 – still well short of the 150 nominations needed to become a formal candidate. The development came as chief executive ...

- South China Morning Post - HK

Former Hong Kong leader Donald Tsang shifts from high flyer to remand prisoner

Former chief executive Donald Tsang Yam-kuen once dined with high-flying businessmen in Macau and took yacht rides with tycoons, but Monday night was a low point for him, in the custodial ward of Queen Elizabeth Hospital. Tsang, 72, was remanded on Monday at the Lai Chi Kok Reception Centre for two nights ahead of ...

- South China Morning Post - HK

Better mushroom quality urged as Hong Kong poisonings rise

Doctors have called for better quality control of porcini after the city continued to see a concerning number of poisoning cases arising from its consumption. The nine poisoning cases of porcini, a type of wild mushroom and popular culinary ingredient, were among the 4,126 poisoning cases in total recorded by the Hospital ...

- South China Morning Post - HK

Seawalls collapsed in bridge project linking Hong Kong to Zhuhai and Macau, highways chief admits

The troubled multibillion dollar bridge linking Hong Kong to Zhuhai and Macau was hit with another controversy yesterday as the highways chief admitted two seawalls on reclaimed land along the east coast of the Airport island collapsed over two years ago due to irregular extensions by up to 10 metres. Despite discovering ...

- South China Morning Post - HK

Friends and foes present mitigation letters in support of former Hong Kong leader Donald Tsang

While prosecutors portrayed Donald Tsang Yam-kuen as a two-faced man who was undone by greed, the High Court on Monday was presented with an outpouring of public support in the form of mitigation letters from the former chief executive’s friends and critics alike. In a last-ditch plea for leniency, defence counsel ...

- South China Morning Post - HK

HK Disneyland suffers loss for 2nd year

Hong Kong Disneyland has reported a net loss of HK$171 million for the 2016 fiscal year, a second loss following the 2015 fiscal year, due to a slower Hong Kong tourism market. In the fiscal year through October 3, the resort generated revenue of HK$4.8 billion. Earnings before interest, taxes, depreciation and ...

- Shanghai Daily - CN

4 New Travel Startups Helping Hotels Engage With Guests

Tink Labs is a standout Hong Kong company in the hotel ecosystem. It attracted $170 million in funding to make its Handy loaner smartphones a free amenity in hotels worldwide. But we found some other companies that are also offering promising tools for hoteliers. -Sean O'Neill

- Skift - US

Hong Kong Disneyland Earnings Drop in Tandem With Tourism Numbers

Disney can afford to play the long game with its partner in Hong Kong. Now it just needs the tourists to play along. -Jason Clampet

- Skift - US

‘Donald Tsang is truly a son of Hong Kong’: Letters from political foes and allies show support for former leader

Former Hong Kong chief executive Donald Tsang Yam-kuen received an “outpouring of letters” from both his political enemies and allies, his defence lawyer Clare Montgomery QC said on Monday. In total, more than 40 letters in support of Tsang, who was found guilty of one count of misconduct in public office, were ...

- South China Morning Post - HK