Hong Kong airline worker accused of selling flight details of K-pop stars BTS
Korean police reportedly investigating woman who allegedly sold sensitive boarding information on numerous high-profile figures.
Singapore’s Mapletree wins land tender, adds Tsing Yi logistics site to Hong Kong assets
Unit of Temasek Holdings-owned company, the sole bidder, pays about US$473 million for the parcel.
Hong Kong father accused of killing girl ‘is a dangerous man’, court told
Defendant Lau Kai-ping always punished his daughter by ordering her to face the wall and twist her own ears, mother tells court.
I was a spendthrift but am now saving, reveals Prosecutor star
Staff reporter Hong Kong film star and singer Michael Cheung Tin-fu says he once was a spendthrift but now recognizes the need for early financial planning and savings. Speaking at a Prudential (2378) media briefing yesterday, Cheung said he used to spend without a second thought, with takeaways…
Casino giant seeks US$2b syndicated loan
Bloomberg MGM China (2282) is seeking around US$2 billion (HK$15.6 billion)-equivalent syndicated loan, according to people familiar with the matter, as the Macau casino operator is posting its fastest growth. The company is in talks with over a dozen banks for a five-year Hong Kong…
Sole bidder wins Tsing Yi logistics site for $3.6b
Staff reporter A logistics site in Tsing Yi was sold for nearly HK$3.68 billion, nearing the top end of the market estimate range, though the government received only one bid for the tender. The site, at the junction of Tsing Hung Road and Tsing Yi Road, was won by Titanium 2 (HKSAR) under Mapletree…
Yoho West Parkside rolls out 105 flats
Staff reporter Sun Hung Kai Properties (0016) has unveiled the first price list for 105 flats at Yoho West Parkside in Tin Shui Wai. The flats are priced at an average of HK$10,868 per square foot after discounts, similar to the first batch of Yoho West’s first phase, launched in November 2023. The…
Mainland to escape Starbucks layoffs
Staff reporter and agencies Starbucks’ recent layoff plan reportedly will not involve its China business, according to mainland media reports. This came amid news that global investment giants are showing interest in a stake in the mainland business. Starbucks staff had said that the company…
HSI clings to 23,000 in rough ride
Staff reporter and Reuters Hong Kong stocks returned to the 23,000 level yesterday after dipping below the psychologically important mark during a rough opening, with tech shares and geopolitical risks dragging the market down. The benchmark Hang Seng Index closed 1.32 percent or 307 points lower at…
Trip.com slumps despite 72pc rise in profit
Staff reporter Shares of Trip.com (9961) slumped by nearly 12 percent yesterday, despite posting an over 72 percent rise in net profit to 17.07 billion yuan (HK$18.31 billion) last year. Net revenue for the year jumped by nearly 20 percent 53.38 billion yuan, thanks to strong travel demand, the…
Hurun China’s top 500 valued at 56tn yuan
Staff reporter The total value of China’s top 500 private enterprises has risen by 6.6 trillion yuan (HK$7.08 trillion) over the past year to 56 trillion yuan, a Chinese corporate ranking survey shows. This exceeds 90 percent of the total market capitalization of companies listed on the Shanghai…
Hong Kong’s trade edges up in January
Gordon Yang Hong Kong’s exports by value increased by 0.1 percent year-on-year in January, partly due to differences in timing brought about by the Lunar New Year holidays. Imports rose by 0.5 percent during the same period. January’s exports and imports rose to HK$389.1 billion and HK$387.1…
Crypto exchange giant to pay US$504m in fines
Bloomberg The OKX cryptocurrency exchange, one of the world’s largest, pleaded guilty on Monday to processing more than US$1 trillion (HK$7.8 trillion) in transactions by US customers without a license and will pay more than US$504 million in penalties. The exchange, which allows users to make spot…
Don’t expect quick fixes from Hong Kong’s budget, economists say
Public should not expect overnight solutions from Paul Chan but rather steps showing there is no risk of deficit becoming structural, experts say.
Hong Kong office landlords in ‘defensive’ mode amid supply glut, relocation trend
‘Flight to quality’ of tenants is ‘absolutely going to continue’ with lots of new supply hitting the market, JLL analyst says.
Russian man acquitted of indecent assault charges in Tsim Sha Tsui
26th February 2025 – (Hong Kong) A 35-year-old Russian national, Iosif Dzhagaev, has been acquitted of indecent assault charges following an incident in Tsim Sha Tsui last October. The court heard that Dzhagaev allegedly touched a female passerby inappropriately before disregarding her requests to stop. During the trial at Kowloon City Magistrates’ Courts yesterday, presiding […] The post Russian man acquitted of indecent assault charges in Tsim Sha Tsui appeared first on Dimsum Daily.
EVA Air to ban use of power banks and spare lithium batteries on flights
26th February 2025 – (Taipei) EVA Air has announced a comprehensive ban on the use of power banks and spare lithium batteries onboard its flights, effective from Saturday, 1st March. While passengers will still be permitted to carry these items in their hand luggage, they will not be allowed in checked baggage. The airline stated […] The post EVA Air to ban use of power banks and spare lithium batteries on flights appeared first on Dimsum Daily.
Driver escapes unscathed after car flips in Yau Tong incident
26th February 2025 – (Hong Kong) A 24-year-old man, surnamed Yau, was involved in a traffic accident in Yau Tong at around 2am today. Yau was driving along Lei Yue Mun Road towards the Ko Chiu Road roundabout when it happened. Reportedly, he was startled by an insect flying towards his face, causing him to […] The post Driver escapes unscathed after car flips in Yau Tong incident appeared first on Dimsum Daily.
Zelensky set for Washington visit on 28th February to conclude minerals deal negotiations
26th February 2025 – (Kyiv) Ukrainian President Volodymyr Zelensky is set to visit Washington on 28th February, following confirmation from U.S. President Donald Trump, who expressed no objections to the meeting. During a recent press interaction, Trump acknowledged he had heard about Zelensky’s upcoming visit and remarked, “Of course, I don’t mind if he does.” […] The post Zelensky set for Washington visit on 28th February to conclude minerals deal negotiations appeared first on Dimsum Daily.
Shanghai police uncover AI-assisted online romance scam
26th February 2025 – (Shanghai) Shanghai police have recently dismantled a telecommunications fraud ring operating under the guise of online romance, involving a ten-member gang that allegedly used artificial intelligence to create fictitious personas, referred to as “sisters.” The scam has reportedly defrauded victims of over 2 million yuan. Authorities are continuing their investigation into […] The post Shanghai police uncover AI-assisted online romance scam appeared first on Dimsum Daily.
Police raid in Mong Kok dismantles suspected drug den, 8 arrested
26th February 2025 – (Hong Kong) Authorities in Mong Kok conducted a thorough investigation leading to a raid on a flat on Shantung Street on 25th February, uncovering a suspected drug den. During the operation, a 45-year-old man was arrested on charges of managing the premises and trafficking in dangerous drugs. Additionally, seven men aged […] The post Police raid in Mong Kok dismantles suspected drug den, 8 arrested appeared first on Dimsum Daily.
