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BYD electric cars waiting to be loaded onto a ship for export at Taicang Port in Suzhou. AFP Cici Cao and agencies The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3 percent at the end of its highest-profile trade investigation that has divided Europe and prompted […]
Cici Cao The government must have control over land arrangements to ensure supply, Chief Executive John Lee Ka-chiu says in response to an “overcorrection” warning issued by former leader Leung Chun-ying, as home prices hit an eight-year low last month. Lee said the lack of land creation at the start of the century failed to […]
Wallis Wang The mainland’s largest coffee chain Luckin will open its first branch in Hong Kong – right next to a shop belonging to its main rival Starbucks. Xiaohongshu users discovered that the Luckin Coffee branch have begun renovations in Mira Place, Tsim Sha Tsui, with boards saying “A Lucky… Source link
Staff reporter Over 70 percent of Hongkongers agreed that this year’s policy address will boost the city’s economy, while another 60 percent are satisfied with it, revealed a survey conducted by Sing Tao Daily, The Standard’s sister paper. The online survey, aimed at garnering public views on the policy address delivered by Chief Executive John […]
Japan’s electorate spoke in the nation’s 50th general election on Sunday, October 27, and the results are surely not to the ruling parties’ liking. Prime Minister Shigeru Ishiba had called the vote as a referendum on his administration’s credibility. He had also defined victory as a majority for the ruling Liberal Democratic Party (LDP) and […]
Chiang Mai becomes Hong Kong Airlines’ third destination in Thailand, joining Bangkok and Phuket, with daily flights now available. The budget carrier’s new daily direct service offers travelers more options for exploring the popular destinations of Northern Thailand. The launch is in time for Thailand’s Loy Krathong – or Festival of Lights – […]
The HKMA is in talks with the People’s Bank of China over details of linkages, says Eddie Yue. SING TAO Themis Qi The instant cross-border payment between Hong Kong and mainland China via the Faster Payment System is expected to start trial in mid-2025, the Hong Kong Monetary Authority said yesterday. At Hong Kong […]
KEY CUSTOMERS: The bulk of MDL’s business comes from the group’s own stores. Cici Cao MDL Wholesale, a food and fast moving consumer goods supply chain provider controlled by China’s retailing conglomerate Wumart Group, has applied for an initial public offering in Hong Kong, underscoring the IPO ambitions of Wumart founder Zhang Wenzhong. Zhang […]
With ample supply of land, the administration is able to adjust its timely release according to market sentiment, says Paul Chan. Inset: Leung Chun-ying. SING TAO Previous Next Themis Qi Hong Kong will keep increasing its land supply to build up its land bank despite the […]
The Kai Tak Youth Sports Ground will be open to the public at 3pm, well ahead of the trial match at 4.30pm. SING TAO Previous Next Stacy Shi Around 1,000 spectators are expected at the first trial football match at Kai Tak Youth Sports […]