Daily News 2025-04-07






Daily News – 2025-04-07 (English)


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Source: SOUTH CHINA MORNING POST
Published on: 2025-04-06 11:40 UTC

Hong Kong’s revamped Mong Kok Market Complex to temporarily house health centre

Former market building undergoing four-year makeover has received occupation permit and fire safety certificate, URA says.

Source: THE STANDARD
Published on: 2025-04-06 16:00 UTC

Firms pledge packaging waste-reduction efforts

Cheng Wong
More than 100 companies have signed a Packaging Reduction Charter that aims to encourage reduction of packaging, despite difficulties in enforcing a unified packaging standard, Secretary for Environment and Ecology Tse Chin-wan said.
Tse posted in his blog yesterday that the diverse…

Source: THE STANDARD
Published on: 2025-04-06 16:00 UTC

Small players may cash out in H-share conversion

A rush by newly listed Chinese firms in Hong Kong including Laopu Gold (6181) to make all their H shares tradable may lead to small investors cashing out, analysts warn.
Many Hong Kong-listed Chinese firms have shares held by domestic investors which are not tradable. This year, 23 of them have…

Source: THE STANDARD
Published on: 2025-04-06 16:00 UTC

HK investors brace for Black Monday in wake of Wall Street bloodbath

Staff reporter and agencies
Hong Kong stocks are expected to fall by as much as 6 percent in the short run when trading resumes today after the extended weekend, in the wake of a bloody sell-off in the United States amid an escalating global trade war.
The benchmark Hang Seng Index could drop to as…

Source: THE STANDARD
Published on: 2025-04-06 16:00 UTC

UK homes to cost more as taxes rise

Staff reporter
Hongkongers looking for homes in the United Kingdom – one of their favored overseas destinations for property – will now have to fork out more for their purchases with two thresholds for stamp duty exemption reduced from April 1.
The proportion of first-time buyers of homes in…

Source: THE STANDARD
Published on: 2025-04-06 16:00 UTC

Trump tariffs may lead to new trade order that impacts China

Last week, US President Donald Trump unleashed his reciprocal tariffs triggering a crisis in global financial markets.
In response, China announced countermeasures on Friday, marking the official start of a trade war between the two major economies.
As this crisis is now unavoidable, it is…

Source: THE STANDARD
Published on: 2025-04-06 16:00 UTC

Former vice premier’s son investigated for corruption

Agencies and staff reporter
The Chinese government is investigating the financier son of Liu He, a former vice premier who headed trade talks with the first Trump administration, the Financial Times reported yesterday, citing seven unidentified people.
Liu Tianran, who founded investment firm Skycus…

Source: SOUTH CHINA MORNING POST
Published on: 2025-04-06 16:00 UTC

More than 430,000 residents return to Hong Kong as Ching Ming holiday ends

According to Immigration Department, over 550,000 people have entered city through various crossings as of 9pm.

Source: DIM SUM DAILY
Published on: 2025-04-06 22:38 UTC

New Police Commissioner emphasises need for enhanced public awareness of National Security Law

7th April 2025 – (Hong Kong) Hong Kong’s newly appointed Commissioner of Police, Joe Chow Yat-ing, has underscored the need to deepen public understanding of national security laws while pledging a “pragmatic and evidence-led” approach to managing public assemblies. Chow, who assumed the role last Wednesday (2nd April) following the retirement of Raymond Siu, brings […]
The post New Police Commissioner emphasises need for enhanced public awareness of National Security Law appeared first on Dimsum Daily.

Source: DIM SUM DAILY
Published on: 2025-04-06 22:45 UTC

XForceGlobal predicts XRP rally to US$20 despite crypto downturn

7th April 2025 – (Seoul) A South Korean financial analyst operating under the pseudonym XForceGlobal has sparked controversy with a bullish forecast for XRP, claiming the cryptocurrency could surge to between US$10 and US$20 in the coming months—despite its current valuation of US$1.93 and broader market turbulence. The prediction, rooted in technical analysis, faces scepticism from […]
The post XForceGlobal predicts XRP rally to US$20 despite crypto downturn appeared first on Dimsum Daily.

Source: DIM SUM DAILY
Published on: 2025-04-06 22:53 UTC

Israeli airstrikes claim 44 lives in Gaza, Palestinian-American teen killed in West Bank

7th April 2025 – (Gaza) Israeli airstrikes killed at least 44 Palestinians in the Gaza Strip on Sunday, according to Gaza’s Civil Defence Agency, marking a sharp escalation in hostilities following a rare rocket barrage launched by Hamas militants from the enclave. Simultaneously, Palestinian authorities reported the fatal shooting of a 14-year-old Palestinian-American boy, Omar […]
The post Israeli airstrikes claim 44 lives in Gaza, Palestinian-American teen killed in West Bank  appeared first on Dimsum Daily.

Source: DIM SUM DAILY
Published on: 2025-04-06 23:17 UTC

IShowSpeed’s Chongqing tour goes viral as Chinese guide mimics Donald Trump in surprise encounter

7th April 2025 – (Chongqing) American streamer IShowSpeed, whose real name is Darren Watkins Jr, found himself at the centre of an unexpected viral moment during a visit to Chongqing, China, when his local guide began impersonating U.S. President Donald Trump. The encounter, captured in a widely circulated video, has sparked amusement and disbelief across […]
The post IShowSpeed’s Chongqing tour goes viral as Chinese guide mimics Donald Trump in surprise encounter appeared first on Dimsum Daily.

Source: DIM SUM DAILY
Published on: 2025-04-06 23:28 UTC

Haley Chan’s viral encounter with IShowSpeed in LKF fuels social media frenzy

7th April 2025 – (Hong Kong) The 21-year-old influencer, whose real name is Darren Watkins Jr, concluded a commercial-heavy six-hour livestream in Shenzhen on Saturday with a drone show at Shenzhen Bay Park. While the event drew viewers, some fans expressed disappointment over Watkins’ Hong Kong itinerary, which notably omitted iconic Victoria Harbour night views. […]
The post Haley Chan’s viral encounter with IShowSpeed in LKF fuels social media frenzy  appeared first on Dimsum Daily.

Source: SOUTH CHINA MORNING POST
Published on: 2025-04-06 23:30 UTC

Goldman Sachs lowers 2025 growth forecast for Chinese stocks thanks to Trump tariffs

Goldman cuts its 12-month growth estimate for the MSCI China Index to 10 per cent from 16 per cent.

Source: DIM SUM DAILY
Published on: 2025-04-06 23:37 UTC

John Tsang warns Trump’s reciprocal tariffs risk global chaos, echoes 1930s trade war fears

7th April 2025 – (Hong Kong) Former Hong Kong Financial Secretary John Tsang has issued a stark warning over U.S. President Donald Trump’s proposed “reciprocal tariffs” policy, arguing the move risks destabilising global economic and political orders while drawing parallels to protectionist measures that exacerbated the Great Depression. In a social media post on Sunday […]
The post John Tsang warns Trump’s reciprocal tariffs risk global chaos, echoes 1930s trade war fears appeared first on Dimsum Daily.


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