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If adopted, the shortened cycle will apply to equities, exchange-traded products, structured products, real estate investment trusts and listed debt securities, according to HKEX. Photo: Jonathan Wong

Banking & Finance

HKEX proposes halving settlement cycle to boost Hong Kong’s financial profile

Bourse operator launches a consultation on shortening the share settlement cycle to one day, aiming to implement the reform in late 2027.

Gloomy weather can’t take shine off Hong Kong Sevens for visiting rugby fans

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Hong Kong eyes HK$220 million private investment for national innovation centre

Hong Kong Economy

Cathay Pacific, HK Express passenger counts rise despite impact of Mideast war

Group attributes growth to spate of mega-events in city, such as Art Basel and Hong Kong International Jewellery Show.

A Cathay Pacific Airways plane approaches Hong Kong International Airport. Photo: Eugene Lee
A Cathay Pacific Airways plane approaches Hong Kong International Airport. Photo: Eugene Lee

Society

Tai Po fire: owners’ group repeatedly complained about use of flammable materials

Former management committee chair says residents felt ‘helpless’ and ‘couldn’t find anything in Hong Kong law to justify our demands’.

Law and Crime

Hong Kong authorities use drones to help raid illegal Yuen Long slaughterhouse

Facility run under ‘very poor hygiene’ conditions, officers say after arresting operator, 67, and seizing goat meat.

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Health & Environment

Hail seen on Hong Kong’s outlying islands as amber rainstorm warning cancelled

Weather will be cloudy with occasional showers and a few squally thunderstorms.

A pedestrian braves the rain in Jordan on Friday. Photo: Jelly Tse
A pedestrian braves the rain in Jordan on Friday. Photo: Jelly Tse

Society

Hong Kong to scrap fax messaging between police and fire services for emergencies

Security chief Chris Tang says system to be digitised after Tai Po fire inquiry reveals use of fax for sharing emergency appeals gathered online.

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Health & Environment

Hong Kong to strengthen police coordination in animal abuse cases

Officials plan joint operations to enter premises in suspected abuse cases, as ombudsman’s report flags ineffective system and low prosecution rates.

Law and Crime

Elderly man stabbed in the leg by attacker with knife in Sheung Wan

Hongkonger, 80, also sustains injury to elbow on Friday morning and is sent to Queen Mary Hospital in Pok Fu Lam for treatment.

Police investigating at the scene of the stabbing outside Cosco Tower in Sheung Wan. Photo: Jelly Tse

China

Exclusive | Hong Kong-flagged tanker passes through Strait of Hormuz in test of US blockade

AVA 6 passage marks at least the second transit of a China-linked tanker through the waterway since the US military operation began.

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Shipping data shows a Hong Kong-flagged ship passed through the Strait of Hormuz on Thursday. Photo: AFP/Getty Images/TNS
Shipping data shows a Hong Kong-flagged ship passed through the Strait of Hormuz on Thursday. Photo: AFP/Getty Images/TNS

Law and Crime

7 arrested in crackdown on party rooms with copyright-infringing karaoke sets

Hong Kong customs raids 14 party rooms, a bar and residences of two sellers from mid-March to mid-April, seizing 28 sets and four gaming consoles.

Education

Hong Kong school to close in 2029 over Primary One enrolment shortfall

It becomes first of 15 under-enrolled schools barred from operating subsidised Primary One classes from September.

Law and Crime

Hong Kong police arrest suspect over snatching phones at MTR stations

Two women report having phones taken by a male suspect at Lai King and Mei Foo stations as train doors closed.

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Police are hunting a suspect after two women had their phones snatched at Mei Foo and Lai King MTR stations. Photo: Handout

Society

Tai Po probe: owners urged contractor to use fire-resistant materials ‘in vain’

Spotlight on oversight failures as attention turns to management committee and contractor conduct, with former chair set to testify.

Wang Fuk court in Tai Po. Photo: Jelly Tse
Wang Fuk court in Tai Po. Photo: Jelly Tse

Hong Kong Economy

Bars gearing up for bumper Hong Kong Sevens weekend

Bar operators dismiss concerns that higher airfares because of Middle East war will deter rugby fans from visiting city.

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Politics

Beijing’s point man on Hong Kong affairs meets city’s leaders in capital

HKMAO director Xia Baolong holds talks with Chief Secretary Eric Chan, finance chief Paul Chan and new mainland affairs minister Janice Tse.

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Hong Kong Economy

Hong Kong will pay diesel subsidies directly to oil firms, look out for abuse

Government will know if oil firms try to take advantage of HK$3 subsidy scheme by increasing prices, official warns.

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The fuel crisis sparked by the Middle East conflict has led to a surge in the global diesel and petrol prices with Hong Kong. Photo: Jelly Tse
The fuel crisis sparked by the Middle East conflict has led to a surge in the global diesel and petrol prices with Hong Kong. Photo: Jelly Tse

Law and Crime

Police arrest man who used air gun to rob Hong Kong bank and recover HK$35,000

Suspect in custody after Bank of East Asia branch in Harbour View Centre in Wan Chai robbed by armed man who later fled on bicycle.

Law and Crime

Warning issued after university student loses HK$190,000 in internship scam

Police say fraudsters held 40-minute online orientation and communicated with victim entirely in English.

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Education

ESF among 8 school operators that failed to meet non-local student targets

Education Bureau says non-local enrolment at some schools dropped to as low as 39 per cent, well below required targets of 50 to 98 per cent.

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The English Schools Foundation says it has been increasing the proportion of non-local students since the end of the pandemic. Photo: Sam Tsang
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OPINION
David Dodwell

Outside In | Debunking the myth of the lonely, isolated Hong Kong retiree

David Dodwell
Bernard Chan

Opinion | With Art March, Hong Kong is firmly on the global cultural map

Bernard Chan
Francis Neoton Cheung

Opinion | 4 identities Hong Kong must embrace to provide global leadership

Francis Neoton Cheung
Christine Loh

Opinion | Hong Kong increasingly seen as a safe haven in troubled world

Christine Loh
Alice Wu

Opinion | On education equality, Hong Kong policymakers must do their homework

Alice Wu
Carolyn Yim

Opinion | Why securing Hong Kong’s economic future is a cultural question

Carolyn Yim
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MULTIMEDIA
Video

Inside the fan village at the Hong Kong Sevens

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Video

Where can Sevens fans go for post-rugby fun?

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01:46
Video

Hi-tech gear to help Wang Fuk Court residents visit homes

Mok Yin-fun, 69 years old, a resident of Wang Fuk Court, tries out the “Next-Gen Exoskeleton”, provided by Aid Vengers Federation, at Wang Fuk Living Room in Tai Po. 13APR26 SCMP/ Sam Tsang
02:25
Video

Hong Kong’s fishing industry hit hard by global fuel crisis

The war in the Middle East has raised the price of “red oil”, the tax-free industrial diesel used by Hong Kong’s maritime sector, from HK$1,000 (US$128) to over HK$2,000 per 200-litre (53-gallon) drum. It has forced nearly all of Hong Kong’s fishing fleet to dock earlier than usual for an annual fishing moratorium, hurting the livelihoods of thousands of fishermen and impacting the supply of fresh seafood for the city’s residents.
02:41
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TRENDING TOPICS
Hong Kong’s single-use plastics ban
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