How will ride-hailing rules work in Hong Kong? Here’s what we know so far
Hong Kong authorities have unveiled highly anticipated proposals to regulate ride-hailing services, marking a significant milestone for a sector that has existed locally in a grey area for a decade.
However, unanswered questions remain on the proposed new regulatory regime, with figures for quotas on ride-hailing vehicles, a levy on trips and assorted fees not yet disclosed.
The Post unpacks the regulatory proposals and how they may affect users of ride-hailing services.
1. What is the proposed…
MiniMax, the ‘world-class’ AI start-up lauded by Nvidia’s Huang, plans IPO
MiniMax, the artificial intelligence (AI) start-up backed by two of China’s largest technology conglomerates, has confidentially applied for a Hong Kong initial public offering (IPO), according to people familiar with the matter.
China International Capital Corporation and UBS are the sponsors for the listing, according to the sources, who declined to be identified for discussing a confidential matter.
MiniMax aimed to raise between HK$4 billion and HK$5 billion (US$510 million to US$637…
Avian Influenza Report (Volume 21, Number 28 (Week 28))
Avian Influenza Report (Volume 21, Number 28 (Week 28))
Transport Department alerts public to fraudulent websites purported to be from HKeToll
nan
Transport Department issues first official Taxi Fleet Licence (with photos)
nan
57th round of computer ballot registration for submitting applications for Northbound Travel for Hong Kong Vehicles to be open July 14 to 17
nan
Hong Kong Observatory forecasts typhoon to pass 100km south of city on Sunday
16th July 2025 – (Hong Kong) The Hong Kong Observatory has issued a forecast showing a tropical cyclone forming east of the Philippines, expected to move towards Luzon and later intensify as it enters the northern South China Sea. The cyclone is predicted to strengthen into a typhoon and pass approximately 100 kilometres south of […]
The post Hong Kong Observatory forecasts typhoon to pass 100km south of city on Sunday appeared first on Dimsum Daily.
42-year-old man collapses at Yuen Chau Kok Sports Centre and dies despite rescue efforts
17th July 2025 – (Hong Kong) A fatal incident occurred in Sha Tin on Wednesday evening (16th July) when a 42-year-old man suddenly collapsed at the Yuen Chau Kok Sports Centre. Authorities received a report at 9.26pm from a male friend of the victim, who found him unresponsive inside the facility. Paramedic arrived at the […]
The post 42-year-old man collapses at Yuen Chau Kok Sports Centre and dies despite rescue efforts appeared first on Dimsum Daily.
Trump hints at possible removal of Federal Reserve Chair Jerome Powell
17th July 2025 – (Washington) U.S. President Donald Trump has reportedly informed Republican lawmakers of his consideration to dismiss Federal Reserve Chair Jerome Powell, citing ongoing frustrations over U.S. interest rate policies. Multiple reports suggest the president expressed these sentiments during a meeting on Tuesday evening. Trump’s dissatisfaction stems from Powell’s reluctance to lower interest […]
The post Trump hints at possible removal of Federal Reserve Chair Jerome Powell appeared first on Dimsum Daily.
Villa, luxury home sales rise in Hong Kong as the rich pounce on bargains
Sales of villas, bungalows and luxury homes in Hong Kong soared to a three-year high in the first six months of this year, as an influx of wealthy immigrants fuelled the hunt for bargains on the top end of one of Asia’s priciest residential property markets.
There were 286 registered transactions of villas in the first half, a jump of 23.3 per cent from the same period last year, according to data provided by Centaline Property, one of the largest real estate agencies in the city.
The sales…
China faces higher tariffs as U.S.-Canada steel trade tensions escalate
17th July 2025 – (Ottawa) Prime Minister Mark Carney has announced new measures aimed at protecting Canada’s steel industry amidst ongoing trade disputes, particularly with the United States. The announcement, made on Wednesday during a visit to a steel manufacturer in Hamilton, includes a significant focus on steel originating from China, which will now face […]
The post China faces higher tariffs as U.S.-Canada steel trade tensions escalate appeared first on Dimsum Daily.
Sushi Express acknowledges shocking 16-hour room-temperature storage, vows to improve handling procedures
17th July 2025 – (Hong Kong) A recent investigation by Hoy TV’s City Focus programme revealed that Sushi Express, a major sushi chain, has been storing pre-packaged sushi rice at room temperature for over 16 hours. The exposed practices included instances where the rice was stored near stagnant water and cockroaches. In response, Sushi Express […]
The post Sushi Express acknowledges shocking 16-hour room-temperature storage, vows to improve handling procedures appeared first on Dimsum Daily.
Powerful earthquake off Alaska coast sparks tsunami alert, later downgraded
17th July 2025 – (Juneau) A 7.3-magnitude earthquake struck near Alaska’s Aleutian Islands on Wednesday afternoon, prompting a tsunami alert for a vast stretch of the state’s coastline. The alert, initially issued as a warning, was later downgraded to an advisory before being allowed to expire without reports of damage or injuries. The earthquake occurred […]
The post Powerful earthquake off Alaska coast sparks tsunami alert, later downgraded appeared first on Dimsum Daily.