• 02/07/2025

Hong Kong’s 3-tier banking system could soon be 2-tier as HKMA proposes scrapping ‘deposit-taking companies’

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 proposed changing the city’s three-tier banking system for the first time in four decades in a move that would eliminate the smallest category of lender altogether. https://www.scmp.com/business/banking-finance/article/3225460/hong-kongs-3-tier-banking-system-could-soon-be-2-tier-hkma-proposes-scrapping-deposit-taking?utm_source=rss_feed

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Taiwan residents warned against stepping into ‘minefield’ when travelling to Hong Kong in updated guidelines

Hong Kong Free Press Taiwan residents have been warned against “accidentally stepping into a minefield” and being arrested under Hong Kong’s national security law while travelling to the city by the self-ruled island’s authorities. The Mainland Affairs Council (MAC) of Taiwan recently updated a section on its website dedicated to Hong Kong’s national security law,…

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Hong Kong leader John Lee has taken only 2½ days of leave since last July. So what has he achieved in his first year in office?

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. In a monumental step seven months into his term as Hong Kong’s chief executive, John Lee had Beijing’s blessings to reopen the city. https://www.scmp.com/news/hong-kong/politics/article/3225469/hong-kong-leader-john-lee-has-taken-only-2-1/2-days-leave-last-july-so-what-has-he-achieved-his?utm_source=rss_feed

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CLP Holdings appoints head of its Hong Kong unit as new group CEO as incumbent set to retire

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Chiang has had a key role in ensuring CLP’s decarbonisation programme stays on track, which is important for Hong Kong to reach its goal of halving its carbon emissions by 2035. https://www.scmp.com/business/article/3225455/clp-holdings-appoints-head-its-hong-kong-unit-new-group-ceo-incumbent-set-retire?utm_source=rss_feed

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Hong Kong risks losing endangered trees under plan to build public housing on golf course, expert and environmentalists warn

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Professor Jim Chi-yung, from Education University of Hong Kong, tells public hearing that 37 Chinese Swamp Cypress trees, among others, will be jeopardised by plan. https://www.scmp.com/news/hong-kong/health-environment/article/3225472/hong-kong-risks-losing-endangered-trees-under-plan-build-public-housing-golf-course-expert-and?utm_source=rss_feed

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Hong Kong trams to keep fares at current level, but any increase next year depends on tourism revival, operator says

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. No increase in tram fares this year, but service operator says decision next year dependent on return of tourists. https://www.scmp.com/news/hong-kong/transport/article/3225471/hong-kong-trams-keep-fares-current-level-any-increase-next-year-depends-tourism-revival-operator?utm_source=rss_feed

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Hong Kong teachers ask for freedom to organise patriotic education as country’s top legislative body starts debate on bill designed to create delivery framework

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Chinese news reports say measures for Hong Kong would promote ‘recognition of Chinese culture and consciousness to safeguard national unity’. https://www.scmp.com/news/hong-kong/education/article/3225470/hong-kong-teachers-ask-freedom-organise-patriotic-education-countrys-top-legislative-body-starts?utm_source=rss_feed

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‘Highly concerned’: flight evacuation by Hong Kong’s Cathay Pacific in government spotlight, as experts question ‘bizarre’ use of emergency slides

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Former leading safety investigator questions decision to deploy slides, as plane was already back at gate, suggests confusion in heat of moment may have led to call. https://www.scmp.com/news/hong-kong/transport/article/3225465/highly-concerned-flight-evacuation-hong-kongs-cathay-pacific-government-spotlight-experts-question?utm_source=rss_feed

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University of Hong Kong brings in new supervisors for concrete work at HK$2.5 billion campus project, after warnings over defects

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Construction whistle-blower Jason Poon posts photos online showing cavities and exposed reinforcement bars on several floors of project. https://www.scmp.com/news/hong-kong/education/article/3225463/university-hong-kong-brings-new-supervisors-concrete-work-hk25-billion-campus-project-after-warnings?utm_source=rss_feed

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Hong Kong judge sentences retired childcare worker to 27 months in jail for assaulting 10 toddlers at home

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Chan Lai-kuen, 26, assaulted two-year-old boy seven times in 10 days, including stomping on him, twisting his limbs and slapping his face. https://www.scmp.com/news/hong-kong/law-and-crime/article/3225457/hong-kong-judge-sentences-retired-childcare-worker-27-months-jail-assaulting-10-toddlers-home?utm_source=rss_feed

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