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WORLDJun 30No plans on handover day? SCMP breaks down Hong Kong’s biggest July 1 dealsHong Kong is rolling out a series of discounts, shopping perks, giveaways and countless deals to celebrate the 29th anniversary of the city’s return to Chinese sovereignty on July 1. To get you in the public holiday spirit, the South China Morning Post unpacks what is on offer, from deals on food and drinks to retail goods and public transport. 1. Someone mentioned food? Restaurants are taking the latest anniversary to heart with a 29 per cent discount or special deals on selected menu items...South China Morning Post
WORLDJun 30Hong Kong’s first batch of free PLA ship tour tickets gone within 4 minutesHongkongers have snapped up the first batch of free tickets to visit two PLA naval ships within minutes of their release for a weekend port call in the city. A South China Morning Post reporter observed that the initial batch was gone within four minutes after being released at 10am on Tuesday. On Monday, China’s Ministry of National Defence said a People’s Liberation Army naval task group would visit Hong Kong waters from Thursday to next Monday to mark the 29th anniversary of the city’s return...South China Morning Post
WORLDJun 30Chinachem Group steers first-of-its-kind blueprint for Hong Kong’s green and silver futureLike other advanced cities, Hong Kong faces a range of clearly defined challenges that must be directly addressed in the next few years. Two that stand out are the effects of climate change and the consequences of an ageing population, which, one way or another, will impact every section of society. This means concerted action and practical solutions are required from each branch of industry – and every government department. The route to real and rapid progress is through constant and...South China Morning Post
BUSINESSJun 30Funding option: royalties giant opens Hong Kong base as mainland China biotech deals surgeThe world’s largest buyer of biopharmaceutical royalties has set up its first Asia-Pacific base in Hong Kong, joining a string of multinational corporations in the pharmaceutical sector establishing offices in the city as out-licensing deals by mainland Chinese biotechnology firms hit record highs. Royalty financing gives drug developers an alternative way to raise capital even as US investment restrictions loom, according to an expert. “Chinese biotech firms would need royalty financing as an...South China Morning Post
POLITICSJun 30Hong Kong positioned to link Asean, Greater Bay Area amid geopolitical shifts: John LeeHong Kong is uniquely positioned to connect Asean with the Greater Bay Area and build a “powerful and complementary partnership” amid a shifting geopolitical landscape, the city’s leader has said. Chief Executive John Lee Ka-chiu made his remarks at the South China Morning Post’s GBA-Asean Summit 2026 on Tuesday, which also saw the launch of a new chamber of commerce for the 11-member Association of Southeast Asian Nations in the city. The summit brought together government officials, business...South China Morning Post
BUSINESSJun 30Hong Kong IPOs ride China’s tech wave, but Nasdaq leads way with SpaceX tsunamiHong Kong has surrendered its IPO fundraising crown to Nasdaq following SpaceX’s blockbuster listing earlier this month, but it did so while seeing its IPO proceeds register a year-on-year rise of about 84 per cent in the first half of 2026 – consolidating the region’s position as a primary offshore financial hub for Chinese issuers. A total of 83 companies raised US$26.42 billion on the Hong Kong stock exchange’s main board from January to June, according to LSEG Data & Analytics. The figure,...South China Morning Post
WORLDJun 30Time to establish workplace support for Hong Kong’s high-risk carersNearly a year has passed since Hong Kong launched the first phase of its carer support data platform last July, linking the Social Welfare Department, Hospital Authority and the Housing Authority into a single alert system for “high-risk carers”. These include those receiving a living allowance as low-income carers of the elderly, carers of the disabled and carers of those who live in public housing estates. To date, the platform has flagged over 3,100 cases through hospital alerts. Care teams...South China Morning Post
BUSINESSJun 30Hong Kong beauty operators warn tighter rules may deal ‘blow to our trade’A Hong Kong government plan to tighten regulations on prepaid beauty and fitness contracts has sparked concern among operators, who warn that a rigid refund window and caps on administrative fees ignore operational realities. The government on Monday launched a two-month public consultation on proposed amendments to the Trade Descriptions Ordinance, aimed at strengthening consumer protection amid persistent complaints about unfair practices and high-pressure sales tactics. Key proposals include...South China Morning Post
BUSINESSJun 30Apple supplier Luxshare seeks up to $3.1 billion in Hong Kong share saleApple supplier Luxshare Precision Industry is seeking to raise as much as $24.27 billion Hong Kong dollars ($3.1 billion) through a Hong Kong share sale.CNBC
BUSINESSJun 30Shanghai should step up as finance hub, as Hong Kong ‘not enough’, proposal saysShanghai has been urged to build itself into a hub serving the rising outbound investment needs of Chinese firms, potentially increasing rivalry with Hong Kong as both cities race to augment their status as financial centres. The suggestion by Liu Xiaochun, vice-president of the Shanghai Finance Institute and a senior banker with three decades of experience, was made in mid-June at a closed-door meeting hosted by China Finance 40, a Beijing think tank comprising many top Chinese financial...South China Morning Post
POLITICSJun 29Hong Kong Proposes Reforming Sexual Crime LawsThe proposed amendments also include the introduction of sexual offences relating to children and victims with mental disabilities. The post Hong Kong Proposes Reforming Sexual Crime Laws appeared first on Channels Television.Channels TV
WORLDJun 29Hong Kong cocaine haul hits 361kg in days after police raid another yachtHong Kong police have seized a second cache of suspected cocaine worth about HK$90 million (US$11.4 million) from a pleasure boat in Aberdeen, days after uncovering HK$180 million of the drug in another yacht at the site. Officers from the narcotics bureau on Sunday raided the six‑metre (20-foot) yacht moored near boats targeted in last week’s operation and found about 120kg of cocaine bricks on board. Together with the previous seizure of 241kg of cocaine in a yacht in Aberdeen Typhoon Shelter...South China Morning Post
BUSINESSJun 29Hong Kong implements cross - boundary facilitation measures to encourage yacht visitsHong Kong is implementing new measures to facilitate cross-boundary yacht visits. These efforts aim to encourage tourism and economic activity in the region.bignewsnetwork.com · United States
POLITICSJun 29Hong Kong proposes sweeping overhaul of sex crime lawsHong Kong authorities have proposed a major overhaul of outdated sexual offences laws, including criminalising same-sex rape, introducing new offences and establishing a uniform age of consent at 16 while removing gender-specific provisions and increasing penalties. In a 59-page consultation paper submitted to the Legislative Council on Monday, the Security Bureau proposed a series of measures to strengthen protection for minors and mentally incapacitated people from sexual exploitation and...South China Morning Post
CYBERJun 2978 arrested as Hong Kong police bust HK$5 million online shopping scamsHong Kong police have arrested 78 people in a citywide crackdown on online shopping fraud, solving 165 cases involving more than HK$5 million (US$637,565) in losses, including one victim who was cheated out of HK$1.2 million while seeking cheaper medicine. Officers arrested 59 men and 19 women aged between 15 and 73 during the operation code-named “Blacksword”, which ran from June 15 to 26. Of them, 69 were suspected holders of mule accounts used to transfer or process illicit proceeds, with the...South China Morning Post
POLITICSJun 29‘Queuing gangs’ exploited Hong Kong driving licence ticketing system: ombudsmanThe Hong Kong government watchdog has slammed the Transport Department over systemic deficiencies that allowed “queuing gangs” to abuse public resources, along with digital shortcomings that left overseas and mainland Chinese applicants with a negative impression. An investigation by the Office of the Ombudsman, released on Monday, revealed that a group of seven agents exploited the ticketing system to submit 135 applications for the direct issue of Hong Kong full driving licences in a single...South China Morning Post
DISASTERJun 29‘Deficiencies’ in maintenance, repairs at Hong Kong parks mar visitor experienceInadequate monitoring, lengthy repairs and poor information for hikers are among the “deficiencies” that have undermined public safety and visitors’ experience at Hong Kong’s country parks, according to the city’s ombudsman, which urged relevant authorities to overhaul how they manage and maintain facilities. In a report released on Monday, the Office of the Ombudsman said it made 42 recommendations to the Agriculture, Fisheries and Conservation Department (AFCD), all of which had been accepted...South China Morning Post
BUSINESSJun 29Hong Kong proposes cooling-off period for beauty, gym deals to curb hard-sell tacticsHong Kong has proposed a statutory seven-day cooling-off period and a 14-day refund window for prepaid beauty and fitness contracts as part of efforts to strengthen consumer protection amid persistent complaints about unfair trade practices and high-pressure sales tactics. The measures form part of three major policy recommendations suggested by the government as it launched a two-month public consultation on Monday aimed at addressing enforcement gaps under the Trade Descriptions Ordinance in...South China Morning Post
SCI & TECHJun 29From invention to impact: Hong Kong Science Fair gives young innovators a wider stage[The content of this article has been produced by our advertising partner.] This year’s event drew more than 60,000 visits over two days at the Hong Kong Convention and Exhibition Centre. Around 120 shortlisted teams from primary and secondary schools presented inventions that combine AI with other technologies to tackle everyday challenges. Secretary for Innovation, Technology and Industry Professor Sun Dong described the Hong Kong Science Fair as an annual flagship innovation and technology...South China Morning Post
CYBERJun 29Hong Kong physiotherapist loses HK$5m in scam involving ‘beautiful assistant’A Hong Kong physiotherapist has been scammed out of HK$5 million (US$637,570) after falling victim to an online investment trap that involved helping a virtual “beautiful assistant” hit sales targets, police have said. The case, revealed by police on Monday via their Facebook page, was among more than 80 reports of online investment scams received in the past week, with total losses exceeding HK$86 million. Details released on police’s CyberDefender page on Monday showed that the local...South China Morning Post
POLITICSJun 29Hong Kong eases licensing criteria for rural guest houses and campsitesHong Kong has relaxed its licensing requirements for rural holiday camps and village guest houses, allowing greater flexibility in building and fire safety requirements for some properties to encourage more tourist accommodation options outside urban areas. The Home Affairs Department on Monday published two new licence application guides: a first-of-its-kind stand-alone guide tailored specifically for village houses, and an “enhanced” guide for holiday campsites which includes buildings,...South China Morning Post
BUSINESSJun 29Baidu rises as AI unit Kunlunxin eyes $50B Hong Kong listing - reportSeeking Alpha Tech
POLITICSJun 29To boost birth rate, Hong Kong needs to deliver quality housingThe public consultation for Chief Executive John Lee Ka-chiu’s last policy address of his current term is under way. Will he, for example, listen to the people about whether the baby bonus, one of the initiatives aimed at raising the birth rate and which is set to expire in October, should continue? Lee did say in an exclusive interview with the South China Morning Post that his government plans to “collect wisdom” before deciding. According to the chief executive, Hong Kong experienced a 10 per...South China Morning Post
BUSINESSJun 28To tackle elderly poverty crisis, Hong Kong needs to rethink retirementHong Kong faces the prospect of a tsunami of elderly poverty sweeping over society in the coming decades. The question is what to do about it. The good news is that there are ways to reduce the severity of the problem. The bad news is that these will take time to be effective, so we need to start work immediately. An important sign of the severity of the situation was provided by a recent study jointly conducted by the Hong Kong Retirement Schemes Association and prominent pension consultant...South China Morning Post
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