• 02/06/2025

Hong Kong cuts base rate by a quarter point to 4.75% as US Fed signals fewer cuts in 2025

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The Hong Kong Monetary Authority has cut its base rate three times since September to a level last seen in December 2022. https://www.scmp.com/business/banking-finance/article/3291437/hong-kong-cuts-base-rate-quarter-point-475-us-fed-signals-fewer-cuts-2025?utm_source=rss_feed

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Hong Kong demand for flexible office space grows as market in Singapore slumps

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Bengaluru and Makati are the hottest spots as demand surged by 107 and 47 per cent, respectively, according to a study. https://www.scmp.com/business/article/3291400/hong-kong-demand-flexible-office-space-grows-market-singapore-slumps?utm_source=rss_feed

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Shoppers look to score as mall at Hong Kong’s Kai Tak Sports Park opens

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The 700,000 sq ft shopping centre at soon-to-open Kai Tak Sports Park opened with hundreds of people queuing for cash coupons. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3291424/shoppers-look-score-mall-hong-kongs-kai-tak-sports-park-opens?utm_source=rss_feed

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Hong Kong licenses 4 more crypto exchanges amid bitcoin price surge

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The approvals bring the total number of licenced virtual asset firms to seven, as Hong Kong moves to revive its crypto industry. https://www.scmp.com/tech/blockchain/article/3291418/hong-kong-licences-four-more-crypto-exchanges-amid-bitcoin-price-surge?utm_source=rss_feed

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Hong Kong Hospital Authority surplus more than doubles to HK$986 million

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Authority chief executive Tony Ko’s pay also increased by 4.8 per cent in 2023-24 amid rise in staff costs. https://www.scmp.com/news/hong-kong/health-environment/article/3291414/hong-kong-hospital-authority-surplus-more-doubles-hk986-million?utm_source=rss_feed

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UK had ‘moral responsibility’ to garner international support for Hong Kong, Jimmy Lai tells national security trial

Hong Kong Free Press Jailed media tycoon Jimmy Lai has told his national security trial that he believed the UK had a “moral responsibility” to lead international support of Hong Kong, but denied that he requested specific policy measures other than granting Hongkongers the right of abode in the country. Hong Kong media tycoon and…

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4 arrested in Hong Kong after victims lose HK$1 million in ‘blessing scams’

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Scammers approached elderly victims on streets and took them to see ‘miracle doctor’ to perform rituals, police say. https://www.scmp.com/news/hong-kong/law-and-crime/article/3291408/4-arrested-hong-kong-after-victims-lose-hk1-million-blessing-scams?utm_source=rss_feed

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Over half of Hongkongers experience depression, highest level in 7 years: survey

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Survey of 1,093 adults shows over a third report ‘moderately severe’ depressive symptoms or worse, with those aged 35 to 44 the most unhappy. https://www.scmp.com/news/hong-kong/article/3291403/over-half-hongkongers-experience-depression-highest-level-7-years-survey?utm_source=rss_feed

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Ex-Hong Kong beauty queen fears for third pet dog after 2 die by poisoning

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Lisa-Marie Tse revealed her two other dogs had died earlier this week after eating poison-laced meat left on a road. https://www.scmp.com/news/hong-kong/law-and-crime/article/3291402/ex-hong-kong-beauty-queen-fears-third-pet-dog-after-2-die-poisoning?utm_source=rss_feed

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Jimmy Lai maintains UK had ‘moral responsibility’ towards Hongkongers

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Lai also dismisses contention he advocated for American interference, saying he does not want war between mainland China and Taiwan. https://www.scmp.com/news/hong-kong/law-and-crime/article/3291399/jimmy-lai-maintains-uk-had-moral-responsibility-towards-hongkongers?utm_source=rss_feed

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