Stories from Hong Kong · Hong Kong

The acquisition of Wong Chi Kok involves a 1 billion HKD sum. Specialized teams have engaged 99% of Wong Chi Kok owners, with 77% preliminarily interested in selling to the government for housing schemes.

Disney theme park annual attendance reached 7.5 million visitors. A thunderstorm warning is in effect until noon. A new section of the Heng Yin footbridge is scheduled to open to traffic on Sunday, May 3, at 8:00 AM. The company achieved this profit while maintaining zero debt during the 2025 fiscal year. The Hong Kong government announced follow-up arrangements for Tai Po and Wang Fu Yuan. New government regulations regarding alternative smoking substances in Hong Kong will take effect on April 30. Patients with pulmonary arterial hypertension (PAH) are seeking expanded access to new medications beyond current standard treatments. Managing director Tim Sipcoe stated the milestone reflects the resort's strengthening financial health. The company reported a net profit of $536 million on revenue of $8.69 billion for the 2025 fiscal year.

Hong Kong reported an acceleration in both export and import growth last month. The government is exercising caution in defining whether certain sites qualify as disaster zones. Residents have expressed concerns regarding technical obstacles in signing documents and the relocation of elderly residents to mainland China or remote facilities. Concerns have been raised about technical obstacles regarding the signing of documents. Some residents have relocated to mainland China or are living in remote accommodations due to previous social work arrangements. The uncertainty involves potential barriers to the formalization of residency or property documents. The government has not ruled out using legislative methods to address requirements for properties not subject to government acquisition. A report noted that 9% of residents currently do not intend to accept buyout proposals.

MTR will increase train services on the East Rail Line between Admiralty and Lo Wu or Lok Ma Chau to facilitate travel for local citizens and tourists. MTR reported that the station has connected to the power supply and completed the installation of 12 escalator component sets. MTR Corporation has completed electrical connections and 12 sets of escalators at the Gudong Station project. The Highways Department introduced several innovative technologies for the new large-scale transport infrastructure in the Northern Metropolis. The Highways Department reported the project uses the world's largest curved drill bridge and the first pedestrian bridge using domestic ultra-high-strength steel. MTR Chairman Peter Wong stated that the company is pushing forward with a new round of large-scale railway construction.

Amendments to the Occupational Safety and Health Ordinance have taken effect in Hong Kong. A Hong Kong financial institution has allocated nearly $300 million USD to mitigate risks from Middle East conflicts. Adjusted non-interest income rose 16 percent year-on-year. A Hong Kong-based group has increased its spending to nearly $300 million USD, representing a 33 percent year-on-year increase. The potential residential supply in Hong Kong is estimated to include 90,000 units. The statutory minimum wage in Hong Kong increased by 2.38 percent starting today. Convictions can result in a maximum penalty of 100 years of imprisonment and a fine of 2 million Hong Kong dollars. The law covers the sharing of such materials, including those accessed via pop-up windows or clicks on digital platforms.

Hong Kong has risen to the position of the world's fifth-largest economy in terms of global commodity trade.

Hong Kong has risen to the position of the world's fifth-largest economy for global commodity trade.

Hong Kong Disneyland announced it has fully repaid all shareholder loans. The announcement was made by the company according to the report. Managing director Tim Sipcoe reported a net profit of $536 million Hong Kong dollars on revenue of $8.69 billion for the 2025 fiscal year. The milestone follows a rapid resumption of outbound travel in Hong Kong despite macroeconomic uncertainty and extreme weather. The achievement reflects the strengthening financial health of the park. This milestone was achieved at the end of its latest fiscal year. The company recorded total revenue of $8.69 billion during the same period. Authorities noted that residents at the Tai Po estate, specifically Wung Chung and Wong Tau Houses, have been returning to salvage belongings from damaged homes. The government reported that those returning spent an average of two and a half hours inside the buildings.

A police superintendent is suspected of accepting 1 million Hong Kong dollars in bribes. His 42-year-old girlfriend, Lau Wai-yin, has also been charged. Leung allegedly accepted 1 million HKD in bribes from a catering businessman between September 2020 and March 2022.

The Hang Seng Index fell 245 points, representing a decline of nearly 1 percent. Total daily turnover exceeded 262.3 billion HKD. The technology index dropped approximately 2.3 percent to close at 4,827 points. CATL saw its shares fall nearly 7 percent, making it the largest decliner among blue-chip stocks. CATL is raising 39.1 billion HKD through a 7.7 percent share placement. The index closed at 25,679 points with a total turnover of 262.33 billion Hong Kong dollars. The S&P 500 index fell 46 points to reach 7,127 points. Apple shares rose over 3% following better-than-expected quarterly results. The Nasdaq rose 1.12% and the S&P 500 rose 0.9%. In Japan, the Nikkei 100 closed at 10,363 points, down 14 points or 0.14%. International oil prices fell by more than 2.3%.