China’s 100 richest add $320 billion as AI rally lifts fortunes to US$1.35 trillion
6th November 2025 – (Beijing) The combined wealth of the tycoons featured on Forbes’ 2025 ranking of China’s 100 Richest has surged by US$320 billion to US$1.35 trillion from US$1.03 trillion a year ago, buoyed by a powerful stock market rally and optimism over further government support for a flagging economy. Two-thirds of listees are […]
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Games cycling race set for Nov 8
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Clearance and public transport arrangements for 15th National Games road cycling (men’s individual) event
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COVID-19 & Flu Express (Volume 3), Number 44 (Week 44, 2025)
COVID-19 & Flu Express (Volume 3), Number 44 (Week 44, 2025)
Online auction of vehicle registration marks to be held from November 20 to 24
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Chinese court gives death sentence to Myanmar crime syndicate boss Bai Suocheng
He and core members of his group are said to have run industrial-scale fraud and gambling operations that led to deaths of Chinese citizens.
Nancy Pelosi, first female U.S. House Speaker, announces retirement from Congress
Nancy Pelosi, the trailblazing California Democrat who became the first woman to serve as Speaker of the U.S. House of Representatives, has announced she will retire from Congress at the age of 85. The long-time House leader revealed her decision in a video posted on X on Thursday morning, bringing to a close a congressional […]
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Five Hong Kong secondary schools cleared to add extra Form One class for 2026 allocation
6th November 2025 – (Hong Kong) Five government-aided secondary schools have received approval to expand to five Form One classes for the 2026 central allocation, with four English-medium institutions among them: Queen’s College, Wah Yan College, Tung Wah Group of Hospitals Kap Yan Directors’ College and Tung Wah Group of Hospitals Li Ka Shing College. […]
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Bitcoin set for worst week since March as US$300 billion crypto rout deepens bearish mood
6th November 2025 – (New York) Bitcoin is on track for its steepest weekly drop since early March, with risk appetite notably absent after a selloff that wiped roughly US$300 billion from digital-asset valuations. The token has fallen 6.2% so far this week, briefly slipping under US$100,000 for the first time since June, and analysts […]
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EU launches antitrust probe into Nasdaq and Deutsche Börse over alleged collusion
6th November 2025 – (Brussels) The European Commission has initiated a formal antitrust investigation into potential anti-competitive cooperation between American financial giant Nasdaq and Germany’s Deutsche Börse. The probe will examine whether the two market infrastructure providers engaged in illegal coordination within the European Economic Area. According to the Commission’s announcement, the investigation will focus […]
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Graphic photos show injured Customs officers after To Kwa Wan raid
6th November 2025 – (Hong Kong) Three male Hong Kong Customs officers were attacked during an anti-narcotics operation at Honour Building on To Kwa Wan Road on Thursday afternoon, leaving two hospitalised and the assailant at large. The incident occurred at about 5.09pm when officers moved in on a target flat during a drug sweep. […]
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Amid fragile markets, how to predict when the bubble will burst?
Economist Paul Samuelson famously quipped that stock markets accurately predicted nine of the last five recessions. The same could be said of financial economists. So-called leading indicators like market sentiment swing with the daily news. Optimism is the default option but bull markets die hard. Still, most seasoned financial economists now recognise that stock markets are becoming more fragile.
And so does the crowd. The frequency of online searches for “stock market bubble” has surged since…
National Games: how co-hosting adds up for Hong Kong and Greater Bay Area
The National Games’ unprecedented tripartite hosting arrangement is a calculated strategy, showcasing the Greater Bay Area’s synergy while mitigating the substantial financial and logistical burdens on any single host city, according to experts.
“It is more of a political move to showcase the Greater Bay Area integration and the practicality of utilising each city’s resources,” said Gary Ng Cheuk-yan, senior economist at Natixis Corporate and Investment Bank, suggesting that splitting the…
Hong Kong leader John Lee to speak at family business summit
Chief Executive John Lee Ka-chiu is scheduled to speak in a fireside chat on Friday during the third Family Business Summit in Hong Kong, as the city burnishes its role as the offshore fundraising hub and ‘superconnector’ between the Chinese mainland and the rest of the world.
The speech is the highlight of the conference, curated by the South China Morning Post and Blue Pool Capital, with UBS as the presenting partner. The attendees – by invitation only – comprise about 150 private business…
