https://www.scmp.com/rss/524086/feed Michael Tien Puk-sun is a prominent Hong Kong politician and businessman. Currently a lawmaker in the Legislative Council for New Territories North West, he also serves as a Hong Kong deputy to the National People’s Congress and chairs the G2000 Group, which he founded. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Oscar Liu,Ambrose Li Oscar Liu,Ambrose Li Hong Kong has for the first time introduced its own railway standards to support the use of cutting-edge construction technologies, and established a dedicated inspection unit to accelerate new projects – moves that analysts have said could lay the foundation for the city’s next decade of transport development. The Highways Department on Monday released a 336-page document outlining a unified and comprehensive set of technical references and guidelines for railway design, construction,... https://www.scmp.com/news/hong-kong/transport/article/3344360/hong-kong-launches-own-rail-standards-enhance-safety-and-sustainability?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3344360/hong-kong-launches-own-rail-standards-enhance-safety-and-sustainability?utm_source=rss_feed Mon, 23 Feb 2026 11:17:29 +0000 Emily Hung Emily Hung Some survivors of Hong Kong’s deadly Tai Po fire have expressed reservations over a HK$6.8 billion (US$871. 8 million) government resettlement plan, fearing that an “unfair” home selection process will leave their families with smaller flats. The residents urged the government to provide more clarity on how the new homes would be allocated, a day after they were offered an acquisition price of HK$8,000 or HK$10,500 per square foot, along with thousands of subsidised homes for sale or exchange,... https://www.scmp.com/news/hong-kong/society/article/3344298/some-tai-po-fire-survivors-doubtful-over-governments-unfair-rehousing-plan?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3344298/some-tai-po-fire-survivors-doubtful-over-governments-unfair-rehousing-plan?utm_source=rss_feed Mon, 23 Feb 2026 04:48:04 +0000 William Yiu,Kelly Fung William Yiu,Kelly Fung Suri Chan Tin-wing, a first-year English major at the Chinese University of Hong Kong, found herself struggling to write her first creative short story – a 300-word assignment for the compulsory course “Introduction to Literature”. Throughout her secondary schooling at Yan Chai Hospital Law Chan Chor Si College in Kowloon Bay, only science subjects, such as maths and biology, were taught in English as the school adopted Chinese as the medium of instruction (CMI). Chan, 19, felt that she lacked... https://www.scmp.com/news/hong-kong/education/article/3343539/will-allowing-more-hong-kong-schools-teach-english-be-too-testing-pupils?utm_source=rss_feed https://www.scmp.com/news/hong-kong/education/article/3343539/will-allowing-more-hong-kong-schools-teach-english-be-too-testing-pupils?utm_source=rss_feed Sat, 14 Feb 2026 01:00:17 +0000 Alice Wu Alice Wu To err is human. But when an error funnels through a system that has safeguards, the error is supposed to be caught and rectified. Checks and balances are written into the Basic Law, Hong Kong’s mini constitution. Hong Kong has an executive-led system, which means it is the executive branch’s job to formulate and implement policies, as well as “draft and introduce bills, motions and subordinate legislation”. The legislature’s job is “to enact, amend or repeal laws”. Therefore, lawmakers are the... https://www.scmp.com/opinion/hong-kong-opinion/article/3342674/bus-seat-belt-fiasco-proves-good-governance-requires-more-efficiency?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3342674/bus-seat-belt-fiasco-proves-good-governance-requires-more-efficiency?utm_source=rss_feed Mon, 09 Feb 2026 01:30:09 +0000 Oscar Liu Oscar Liu Hong Kong motorists will face stiffer penalties from January 1, when new fines for 19 types of traffic offences take effect. The targeted offences under the Fixed Penalty (Criminal Proceedings) Ordinance include illegal parking, which will carry a fine of HK$400 (US$51), 25 per cent higher than the previous HK$320. The changes mark the first time the penalties have been adjusted in more than three decades. “The fixed penalties for illegal parking and many other traffic contraventions have... https://www.scmp.com/news/hong-kong/transport/article/3338091/hong-kong-raise-traffic-fines-19-offences-january-1-illegal-parking-25?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3338091/hong-kong-raise-traffic-fines-19-offences-january-1-illegal-parking-25?utm_source=rss_feed Tue, 30 Dec 2025 02:52:15 +0000 Matthew Cheng Matthew Cheng The sole lawmaker-elect of the centrist Roundtable party in Hong Kong has said his victory in the recent Legislative Council election could embolden more moderate and outspoken politicians to contest future polls. Mark Chong Ho-fung also called on the government to strengthen oversight to improve public trust, citing two cases: the bottled water scandal and the use of substandard scaffolding nets suspected to have exacerbated the rapid spread of last month’s catastrophic fire in Tai Po. The... https://www.scmp.com/news/hong-kong/politics/article/3337094/centrist-hong-kong-lawmaker-says-win-will-spur-more-vocal-candidates-future-polls?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/article/3337094/centrist-hong-kong-lawmaker-says-win-will-spur-more-vocal-candidates-future-polls?utm_source=rss_feed Sat, 20 Dec 2025 04:00:15 +0000 Matthew Cheng Matthew Cheng Outgoing veteran Hong Kong lawmaker Michael Tien Puk-sun has called for expanding the number of directly elected seats in the legislature, saying the move will broaden the political spectrum and boost voter turnout. Mark Chong Ho-fung, the sole lawmaker-elect of the Roundtable party founded by Tien, also said on Tuesday that proposing the idea for political reform was to set the ball rolling and spur further discussion. Sunday’s Legislative Council election was the second under Beijing’s... https://www.scmp.com/news/hong-kong/politics/article/3335784/veteran-hong-kong-lawmaker-michael-tien-calls-expanding-directly-elected-legco-seats?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/article/3335784/veteran-hong-kong-lawmaker-michael-tien-calls-expanding-directly-elected-legco-seats?utm_source=rss_feed Tue, 09 Dec 2025 10:55:18 +0000 Emily Hung Emily Hung New and younger faces who will fill nearly half of the 90 seats following Hong Kong’s second “patriots-only” Legislative Council election now face the immediate task of tackling the aftermath of the deadly Tai Po inferno, including the policy gaps it exposed and implementing systemic reforms. Sunday’s poll yielded a 31.9 per cent turnout rate that marked an increase from the record low figure of 30.2 per cent in the 2021 election, with Chief Executive John Lee Ka-chiu declaring the outcome to... https://www.scmp.com/news/hong-kong/politics/article/3335616/new-faces-win-nearly-half-90-legco-seats-hong-kong-turns-post-fire-reforms?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/article/3335616/new-faces-win-nearly-half-90-legco-seats-hong-kong-turns-post-fire-reforms?utm_source=rss_feed Mon, 08 Dec 2025 09:50:57 +0000 Edith Lin Edith Lin The numbers were tallied overnight and 90 newly minted lawmakers will begin their term in January after winning in Sunday’s Legislative Council election. The citywide poll which drew a turnout rate of 31.9 per cent – slightly higher than four years ago, at 30.2 per cent – delivered a few surprises as several new faces defeated incumbent lawmakers from leading parties. The Post highlights the key takeaways from the poll, the second held since Beijing’s “patriots-only” electoral system overhaul in... https://www.scmp.com/news/hong-kong/politics/article/3335579/hong-kong-legco-election-eight-things-know-youngest-toughest-lawmaker?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/article/3335579/hong-kong-legco-election-eight-things-know-youngest-toughest-lawmaker?utm_source=rss_feed Mon, 08 Dec 2025 06:59:15 +0000 Leopold Chen Leopold Chen Fire safety risks persist at building sites across Hong Kong following the deadly blaze in Tai Po last week, the Construction Industry Council has warned, after a scaffolding worker at a major subsidised estate was sacked for smoking. Council chairman Thomas Ho On-sing on Saturday criticised companies for failing to have “learned a lesson” from the tragedy. “I have been inspecting construction sites recently and found that many still have styrofoam boards and volatile paint. They also continue... https://www.scmp.com/news/hong-kong/society/article/3335444/lesson-not-learned-watchdog-says-fire-risks-persist-hong-kong-construction-sites?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3335444/lesson-not-learned-watchdog-says-fire-risks-persist-hong-kong-construction-sites?utm_source=rss_feed Sat, 06 Dec 2025 05:22:48 +0000 Alex Lo Alex Lo In the aftermath of the Wang Fuk Court fire tragedy, many people are busy playing fire sleuths and construction experts. Public concerns are fully justified by the magnitude of the horror. But we should be careful not to jump to conclusions. Far more constructive and responsible is not to guess, let alone insist on, what the causes of the fire were but to ask direct and relevant questions for which officials and experts must provide proper and accurate answers at some point. Accountability needs... https://www.scmp.com/opinion/article/3334698/ask-questions-do-not-jump-conclusions-about-tai-po-fire-tragedy?utm_source=rss_feed https://www.scmp.com/opinion/article/3334698/ask-questions-do-not-jump-conclusions-about-tai-po-fire-tragedy?utm_source=rss_feed Sun, 30 Nov 2025 18:28:40 +0000 Alice Wu Alice Wu These are interesting times in Hong Kong politics. Rarely has the city seen the government get so involved in galvanising voters ahead of the Legislative Council election. These things have traditionally been the work of political parties and groups. And that is one prominent feature of the development of Hong Kong’s “patriots-only” political system. Before the overhaul of the election system, voter turnout was a barometer of sorts for the election outcome. Conventional wisdom was that the... https://www.scmp.com/opinion/hong-kong-opinion/article/3332826/hong-kongs-legco-election-should-priortise-substance-over-spectacle?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3332826/hong-kongs-legco-election-should-priortise-substance-over-spectacle?utm_source=rss_feed Mon, 17 Nov 2025 01:30:08 +0000 Jiang Chuqin Jiang Chuqin The Greater Bay Area’s hopes of one day hosting an Olympics were given a major boost by former IOC president Thomas Bach on Wednesday, after he told Hong Kong and the region to “go for it”. Bach, who was president of the International Olympic Committee for 12 years until he was replaced by Kirsty Coventry in June, hailed the GBA for its world-class sporting facilities and sports-loving public on a visit to Hong Kong. And officials were left to wonder if the National Games were “a dry run” after... https://www.scmp.com/sport/hong-kong/article/3332530/gbas-olympics-hopes-get-major-boost-after-thomas-bach-praises-world-class-facilities?utm_source=rss_feed https://www.scmp.com/sport/hong-kong/article/3332530/gbas-olympics-hopes-get-major-boost-after-thomas-bach-praises-world-class-facilities?utm_source=rss_feed Wed, 12 Nov 2025 12:52:59 +0000 Emily Hung,Danny Mok Emily Hung,Danny Mok Hong Kong’s rail giant is facing a renewed backlash over signage renaming after the firm hastily restored the names of two long-established public housing estates at an exit sign at Ho Man Tin station. Public anger first erupted over the name change at Ho Man Tin station’s exit A sign, which previously read “Oi Man Estate/Ho Man Tin Estate” before the MTR Corporation updated it to “Onmantin”, the name of the project jointly developed by the railway operator and Great Eagle. Shortly after the MTR... https://www.scmp.com/news/hong-kong/transport/article/3332336/hong-kongs-mtr-restores-landmark-estates-names-ho-man-tin-exit-after-backlash?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3332336/hong-kongs-mtr-restores-landmark-estates-names-ho-man-tin-exit-after-backlash?utm_source=rss_feed Tue, 11 Nov 2025 09:20:16 +0000 Matthew Cheng Matthew Cheng In a new series, outgoing lawmakers reflect on their time in Hong Kong’s Legislative Council, which wrapped up its four-year term on October 24, ahead of the next general election on December 7. General voters’ inability to directly nominate candidates under Hong Kong’s revamped “patriots-only” electoral system has fuelled public apathy towards the legislative process, according to outgoing lawmaker Michael Tien Puk-sun, who urged new members to step up their efforts to gain public... https://www.scmp.com/news/hong-kong/politics/article/3330385/nomination-rules-play-part-public-apathy-says-hong-kong-lawmaker-michael-tien?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/article/3330385/nomination-rules-play-part-public-apathy-says-hong-kong-lawmaker-michael-tien?utm_source=rss_feed Sun, 26 Oct 2025 11:36:37 +0000 Lo Hoi-ying Lo Hoi-ying Hong Kong’s Ocean Park could shut down its Water World facility to prevent further losses and “actively consider” any government takeover offer, its chairman revealed on Thursday. Paulo Pong Kin-yee said that the theme park’s HK$274.7 million (US$35.3 million) deficit over the past year was primarily driven by its water attraction. Asked whether the park would close the facility to balance the books, Pong said the option remained on the table. “I do not dare completely deny this possibility,” he... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3330023/hong-kong-ocean-park-not-ruling-out-water-world-closure-cut-losses?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3330023/hong-kong-ocean-park-not-ruling-out-water-world-closure-cut-losses?utm_source=rss_feed Thu, 23 Oct 2025 05:38:02 +0000 Mike Rowse Mike Rowse I think we should be bracing ourselves for a wave of disgruntled legislative councillors, and it might not end there. If a Legislative Council stalwart goes out the door, could an Executive Council heavyweight be far behind? Every day seems to bring news of another of our 89 legislative councillors not seeking re-election this year, with more than a dozen already pulling out of the race. In some instances, the legislator claims plausibly to wish to pursue other career or life objectives. That... https://www.scmp.com/opinion/hong-kong-opinion/article/3329422/why-hong-kong-must-not-be-hasty-seeing-its-silver-officials?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3329422/why-hong-kong-must-not-be-hasty-seeing-its-silver-officials?utm_source=rss_feed Sun, 19 Oct 2025 12:30:08 +0000 Jess Ma,Cannix Yau Jess Ma,Cannix Yau Guangdong motorists approved to drive in Hong Kong will be allowed to stay in the city for up to three days at a time under a new cross-border scheme, a government paper has revealed, with authorities set to roll out the plan next month. A paper submitted to the Legislative Council by the Transport and Logistics Bureau on Tuesday laid out details of the “Southbound Travel for Guangdong Vehicles” scheme, including the duration of stay for mainland Chinese drivers in the city. “For entry into the... https://www.scmp.com/news/hong-kong/transport/article/3329011/guangdong-drivers-get-3-day-stay-hong-kong-under-new-cross-border-scheme?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3329011/guangdong-drivers-get-3-day-stay-hong-kong-under-new-cross-border-scheme?utm_source=rss_feed Tue, 14 Oct 2025 13:12:49 +0000 Lo Hoi-ying Lo Hoi-ying The Hong Kong government had “clearly stated” to the organiser of a failed hot-air balloon festival that the chance of approving passengers to ride in the aircraft was “extremely slim” and had recommended that it cancel the attraction and issue refunds ahead of time, the tourism chief has revealed. Making public the details for the first time, Secretary for Sports, Culture and Tourism Rosanna Law Shuk-pui on Thursday said authorities told the organiser eight days before the event began in... https://www.scmp.com/news/hong-kong/society/article/3326893/balloon-festival-organiser-was-urged-cancel-rides-hong-kong-tourism-chief?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3326893/balloon-festival-organiser-was-urged-cancel-rides-hong-kong-tourism-chief?utm_source=rss_feed Thu, 25 Sep 2025 15:17:34 +0000 Oscar Liu Oscar Liu Hong Kong authorities are looking into complaints about new government-supplied shoes after a lifeguard union received more than 100 reports of discomfort or foot injuries, becoming the second procurement issue to be raised in recent weeks. The Hong Kong and Kowloon Life Guards’ Union earlier revealed that the Leisure and Cultural Services Department had previously switched from shoes provided by global sportswear company Mizuno to a new, lesser-known brand called “JWS”, despite its... https://www.scmp.com/news/hong-kong/society/article/3324220/hong-kong-authorities-look-complaints-over-new-shoes-issued-lifeguards?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3324220/hong-kong-authorities-look-complaints-over-new-shoes-issued-lifeguards?utm_source=rss_feed Wed, 03 Sep 2025 11:49:22 +0000 Oscar Liu,Emily Hung Oscar Liu,Emily Hung Hong Kong authorities have ordered an investigation and set up a task force to review official procurement processes after a company supplied bottled water that listed a mainland Chinese brand as a manufacturer without its permission. The Financial Services and the Treasury Bureau outlined its plan on Sunday, a day after the Government Logistics Department partially terminated a HK$52.9 million deal with bottled water supplier Xin Ding Xin Trade because it doubted whether the company was capable... https://www.scmp.com/news/hong-kong/society/article/3322137/hong-kong-government-faces-scrutiny-over-bottled-water-procurement-scandal?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3322137/hong-kong-government-faces-scrutiny-over-bottled-water-procurement-scandal?utm_source=rss_feed Sun, 17 Aug 2025 10:11:15 +0000 Harvey Kong Harvey Kong Hong Kong police have arrested a 53-year-old man for allegedly providing his information to a fraud syndicate to create a rented ride-hailing account and are searching for three other suspects, following a passenger’s complaint about a driver without a Hong Kong ID card. Police Superintendent Li Muk-yik, who called the syndicate’s behaviour “extremely despicable”, said the three wanted individuals were a core member of the syndicate, the driver involved in the passenger’s complaint and the owner... https://www.scmp.com/news/hong-kong/transport/article/3321878/hong-kong-man-held-allegedly-giving-details-ride-hailing-fraud-syndicate?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3321878/hong-kong-man-held-allegedly-giving-details-ride-hailing-fraud-syndicate?utm_source=rss_feed Thu, 14 Aug 2025 09:29:10 +0000 Harvey Kong Harvey Kong Hong Kong’s proposed regulation of ride-hailing services shows that the government intends to take a slice of the market while reining in platforms and supporting the taxi trade, but the plan hinges on balancing the competing interests of all players, experts have said. Industry insiders added that the Transport and Logistics Bureau faced several challenges in achieving all three objectives. Secretary for Transport and Logistics Mable Chan, who took office last December, told lawmakers on Friday... https://www.scmp.com/news/hong-kong/transport/article/3319012/can-taxis-and-ride-hailing-services-co-exist-hong-kong-under-new-rules?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3319012/can-taxis-and-ride-hailing-services-co-exist-hong-kong-under-new-rules?utm_source=rss_feed Tue, 22 Jul 2025 01:30:15 +0000 Cannix Yau Cannix Yau Hong Kong leader John Lee Ka-chiu was stern-faced and did not mince his words as he took the MTR Corporation to task for “inadequacies” in the way it responded to emergencies and planned for disruptions. He spelled out what he expected of the city’s rail operator when he spoke on May 27, five days after the third service disruption in four months due to technical failures. He demanded action to prevent incidents, which could affect thousands of the rail system’s 5 million daily riders. But if... https://www.scmp.com/news/hong-kong/transport/article/3317920/how-can-hong-kongs-mtr-corp-get-back-track-amid-funding-manpower-woes?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3317920/how-can-hong-kongs-mtr-corp-get-back-track-amid-funding-manpower-woes?utm_source=rss_feed Sat, 12 Jul 2025 02:00:17 +0000 Alex Lo Alex Lo We have all sworn to uphold “one country, two systems”. But when it comes to building new railways, “one country, one system” may save us a lot of money. Hopefully, London and Washington won’t cite the Joint Declaration to criticise Hong Kong for breaching our treaty obligations. The construction costs of the mass transit links in the Northern Metropolis can be reduced by up to 30 per cent if Hong Kong adopts mainland Chinese standards for railway lines. I say, what’s the argument? Go for... https://www.scmp.com/opinion/article/3317752/building-railways-one-country-one-system-may-save-hong-kong-lot-money?utm_source=rss_feed https://www.scmp.com/opinion/article/3317752/building-railways-one-country-one-system-may-save-hong-kong-lot-money?utm_source=rss_feed Thu, 10 Jul 2025 12:43:31 +0000 Ambrose Li Ambrose Li The average cost of an electric vehicle (EV) licence in Hong Kong could increase by more than 500 per cent over the next five years, authorities have said, adding that they will raise the tolls at two tunnels by 60 per cent amid a significant budget deficit. The proposed measures announced by the Transport and Logistics Bureau on Wednesday also included doubling metered parking fees and increasing penalties for illegal parking and 19 other traffic violations by 25 to 50 per cent. The suggested... https://www.scmp.com/news/hong-kong/transport/article/3317563/average-cost-ev-licence-hong-kong-could-rise-536-under-government-proposal?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3317563/average-cost-ev-licence-hong-kong-could-rise-536-under-government-proposal?utm_source=rss_feed Wed, 09 Jul 2025 09:59:15 +0000 Vivian Au,Harvey Kong Vivian Au,Harvey Kong A novel arrangement to build mass transit links in Hong Kong’s Northern Metropolis aims to reduce construction costs by up to 30 per cent by adopting world-leading mainland Chinese standards for railway lines, the government has said. The Highways Department said on Wednesday the estimated cost of the first phase of the Northern Link rail development was HK$31.4 billion (US$4 billion) and construction of the spur line using mainland standards was set to begin in 2027. “The mainland railway... https://www.scmp.com/news/hong-kong/transport/article/3317543/mainland-standards-may-cut-hong-kong-rail-link-costs-40-lawmakers?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3317543/mainland-standards-may-cut-hong-kong-rail-link-costs-40-lawmakers?utm_source=rss_feed Wed, 09 Jul 2025 08:44:49 +0000 Vivian Au Vivian Au Hong Kong’s railway operator and the government signed an agreement on the design and construction of the major rail link in the Northern Metropolis on Tuesday, fast-tracking its completion by at least two years to 2034. The agreement, which gives momentum to the Northern Metropolis project, involves HK$39.05 billion in financing from land premiums for the construction of three stations along the Northern Link main line, the design of the spur line, tunnels and other railway facilities. It is... https://www.scmp.com/news/hong-kong/transport/article/3317451/major-rail-links-hong-kongs-northern-metropolis-be-completed-2-years-early?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3317451/major-rail-links-hong-kongs-northern-metropolis-be-completed-2-years-early?utm_source=rss_feed Tue, 08 Jul 2025 15:39:52 +0000 Cannix Yau Cannix Yau Hong Kong should consider relaxing a proposed 100-vehicle quota for a scheme that will allow Guangdong motorists to drive to the city, former leader Leung Chun-ying has said, suggesting the limit could be adjusted for weekdays and holidays. Leung, who now serves as a vice-chairman of the nation’s top political advisory body, the Chinese People’s Political Consultative Conference, raised the suggestion on Saturday. Earlier this week, transport officials said drivers could start applying for the... https://www.scmp.com/news/hong-kong/transport/article/3317083/hong-kong-should-keep-southbound-travel-plans-100-car-quota-flexible-cy-leung?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3317083/hong-kong-should-keep-southbound-travel-plans-100-car-quota-flexible-cy-leung?utm_source=rss_feed Sat, 05 Jul 2025 08:51:13 +0000 Edith Lin Edith Lin Former Hong Kong leader Leung Chun-ying has urged landlords to lower rents as the city’s commercial property vacancy rate hit a 40-year high and retailers cried foul over being forced to close businesses to stem losses. But market observers said on Friday that many landlords were willing to reduce rents, except for highly sought-after shops in prime locations, with some noting that retailers also had the responsibility to reinvent their offerings. In a social media post on Thursday, Leung... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3316058/cut-rents-now-or-miss-out-cy-leung-tells-hong-kong-landlords?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3316058/cut-rents-now-or-miss-out-cy-leung-tells-hong-kong-landlords?utm_source=rss_feed Fri, 27 Jun 2025 05:34:04 +0000 Denise Tsang Denise Tsang The MTR Corporation has promoted managing director Jeny Yeung Mei-chun to CEO from January next year and tasked her with leading the Hong Kong rail giant through a transformation. The corporation, which is nearly 75 per cent owned by the Hong Kong government, said on Wednesday that Yeung would succeed CEO Jacob Kam Chak-pui on January 1 next year for a three-year term following a global selection process. Kam, 63, was made chief executive officer in April 2019 and had his contract renewed... https://www.scmp.com/news/hong-kong/transport/article/3315809/hong-kongs-mtr-corporation-promote-managing-director-jeny-yeung-ceo?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3315809/hong-kongs-mtr-corporation-promote-managing-director-jeny-yeung-ceo?utm_source=rss_feed Wed, 25 Jun 2025 10:38:35 +0000