Stories from Hong Kong

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.

A 74-year-old woman sustained head injuries after being struck by a minibus near 68 Yuet Tung Road in Aberdeen. The accident occurred around 7:00 PM on Monday. The minibus driver was arrested on suspicion of dangerous and reckless driving. The victim was sent to the hospital in a comatose state. A 74-year-old woman was hospitalized in a coma with head injuries following the accident near 68 Yu Kwong Road.

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 CUHK Medical Centre in Sha Tin reports financial losses and has sought assistance. Authorities stated they never made a request for the hospital to repay a government loan of just over $4 billion ahead of schedule.

Authorities plan to increase manpower at a tourist hotspot in Sai Kung during the mainland's Labor Day Golden Week holiday. Approximately 1,000 visitors are expected to visit Sharp Island each day. The area is located about 15 minutes by boat from Sai Kung. Officials aim to manage the influx of visitors during the holiday period. Police have deployed personnel and drones to manage crowds and monitor traffic in Sai Kung, specifically near Man Yee Road. Director Lai Kin-ming and a Legislative Council member inspected Sai Kung this afternoon. Mainland Chinese tourists are boosting business for restaurants in Sai Kung city center. Police intercepted a driver traveling from Sai Kung to Heung Yuen Wai at speeds reaching 160 km/h. Police arrested three men suspected of illegal street racing in the Sai Kung area of Hong Kong.

Authorities reported that close to 500 residents have returned to two blocks, Wang Chong and Wang Tao, at the Taipo estate to salvage belongings. The return process involves residents making long climbs to their homes following recent damage.

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%.