BNN Hong Kong

27/02/2024

In a quiet operation, Hong Kong Immigration repatriates 23 Vietnamese nationals, highlighting the city's commitment to immigration law. The complex issue of illegal immigration unfolds globally, posing challenges of humanitarianism versus legal obligations. As the Immigration Department seeks to deter illegal stay, advocates argue for more compassionate solutions.

1. Hong Kong's repatriation operation reflects the worldwide struggle with illegal immigration, driven by disparities in safety and opportunities. Cities globally face the delicate balance between enforcing immigration laws and addressing the humanitarian aspects of migration.

2. Hong Kong's efforts to manage illegal immigration involve a multi-faceted approach, focusing on individuals who overstay or enter illegally. The recent repatriation emphasizes the city's commitment to upholding immigration laws while navigating the complexities of refugee and asylum-seeker advocacy.

3. The operation sparks a broader discussion on finding a balance between enforcing immigration policies and adopting more compassionate solutions. The challenge lies in protecting borders while recognizing the desperation that drives individuals to seek refuge and opportunities in new lands.

https://bnnbreaking.com/world/hongkong/hong-kong-repatriates-23-vietnamese-immigrants-in-renewed-effort-to-tackle-illegal-stay

15/02/2024

Growing concerns in Hong Kong as Article 23 legislation approaches, casting a shadow of uncertainty over foreign businesses.

1 Foreign businesses in Hong Kong are grappling with uncertainties surrounding the looming implementation of Article 23.

2 The legislation's potential impact on freedoms and business operations has raised alarm bells among international companies.

3This developing situation as businesses navigate through unprecedented challenges in Hong Kong.

The implementation of Article 23 in Hong Kong raises concerns about its impact on the foreign business community. The ambiguous legislation could erode the territory's competitive edge.

07/02/2024

A thrilling ride came to an unexpected halt!
A sudden rollercoaster malfunction at Hong Kong's Disneyland led to 12 passengers stranded mid-ride.
Emergency services responded promptly and successfully rescued all passengers without any reported injuries.
The incident highlights the importance of regular maintenance and stringent safety measures in amusement parks.

Twelve individuals rescued from a rollercoaster at Hong Kong's Disneyland following a sudden malfunction. No injuries or fire-related signals reported.

03/02/2024

Big changes in Hong Kong's Fire Services Department! Relaxation in recruitment standards has led to a surge in applicants. This is just the start of a new chapter.

1. The Fire Services Department in Hong Kong has seen a dramatic increase in the number of job applicants and fitness test pass rates, following a revision in recruitment standards.

2. The department has eased eyesight and fitness requirements for operational roles and extended the time limits for tests.

3. The Fire Services Department is planning to collaborate with mainland China and Macau for sharing strategies and executing rescue operations.

29/01/2024

The fall of a giant: China Evergrande Group faces liquidation.
China Evergrande Group, the world’s most heavily indebted real estate developer, has been ordered to liquidate.
The company’s shares have plunged and its robust market value was reduced to a mere HK$2.15 billion ($275 million).
Evergrande’s collapse could pose significant cross-jurisdictional challenges due to the majority of the company’s assets being located in mainland China.

A Hong Kong court orders the liquidation of China Evergrande Group, the world's most indebted real estate developer, sparking concerns over the impact on China's struggling economy and global financial markets.

29/01/2024

An epic decision that could alter China's financial future! Hong Kong Court has ordered the liquidation of China Evergrande Group.

1 China Evergrande Group is set for liquidation following a decision by the Hong Kong Court.

2 Questions arise about the handling of foreign creditors and asset confiscation during the intricate liquidation process.

3 This ruling poses significant challenges to China's capital and property markets, and Beijing's economic growth.

A Hong Kong court orders the liquidation of China Evergrande Group, a property conglomerate with over $300 billion in liabilities. The decision exacerbates China's fragile capital and property markets.

29/01/2024

Major shift in China's financial landscape as Evergrande, the world's most indebted property developer, faces liquidation order. This incident could have ripple effects on the global economy. Follow us for more breaking news.

Evergrande's liquidation is due to failure to present a viable restructuring plan amidst insolvency, leaving $300 billion liabilities in the balance.
The financial downfall of Evergrande was precipitated by regulatory measures from Chinese authorities.
This is part of a broader crisis affecting other developers and the shadow banking industry in China.

A Hong Kong court orders the liquidation of China Evergrande Group due to its failure to present a viable restructuring plan amidst insolvency, signaling a potential shake-up in China's financial system.

21/01/2024

A new wave of education is taking shape in the heart of Hong Kong. Swipe right to see how universities of applied sciences are reshaping higher education and providing alternative career paths.

In Hong Kong, Tung Wah College, a private institution, is evolving into a university of applied sciences, providing alternative career paths in technical professions.

Hong Kong's government is committed to addressing workforce shortages and offering diverse career paths, with plans to elevate more institutions to UAS status.

Despite promising employment and salary outcomes for graduates, self-financed institutions like TWC still face the challenge of shifting perception away from being considered second-tier.

Hong Kong's higher education landscape is set for a significant shift with the potential elevation of institutions like Tung Wah College to university of applied sciences status, aiming to provide alternative career paths and address workforce shortages.

15/01/2024

Citigroup has announced plans to cut 20,000 jobs in a strategic response to economic challenges. What do you think about this move? Let's discuss in the comments.

Citigroup plans to cut 20,000 jobs, approximately 8% of its global workforce.
The job cuts are a response to a challenging financial quarter and the need for restructuring.
Despite the cuts, Citigroup's investment banking division is performing well and is expected to grow.

Citigroup Inc. plans to cut 20,000 jobs over the next two years, following a challenging quarter that saw a loss of $1.8 billion. The move is part of a strategic restructuring aimed at enhancing efficiency and managing costs more effectively.

14/01/2024

Are you aware of the ongoing crackdown on illegal taxi activities in Hong Kong's popular nightlife district, Lan Kwai Fong?

1 Hong Kong police are strictly enforcing laws against illegal taxi activities in Lan Kwai Fong.

2 One driver was arrested for overcharging by almost four times the lawful metered fare.

3 This crackdown is in response to a rise in complaints about taxi driver malpractice, prompting a demerit points system to be introduced.

Hong Kong police crack down on illegal taxi activities in Lan Kwai Fong, arresting a driver for overcharging. The operation follows a surge in complaints and the introduction of a demerit points system.

11/01/2024

In the fight against waste and excessive energy consumption, two young engineers have sparked a revolution with their invention, E-COATING.

E-COATING is an innovative tech developed in response to Hong Kong's high electricity consumption.

It's created from recycled waste glass, providing a solution for the city's waste management issue.

The inventors were recently awarded the 2023 James Dyson Award for Sustainability.

Hong Kong engineers develop E-COATING, an eco-friendly solution that cuts air conditioning energy usage by 30% and recycles waste glass. They've won the 2023 James Dyson Award for Sustainability.

09/01/2024

Cryptocurrency is gaining momentum! AsiaNext is leading the charge with an influx of big-name trading members. Find out how they're shaping the future of digital assets.

1. AsiaNext is making waves in the crypto world by attracting reputable companies as trading members.
2. The platform is designed with institutional investors in mind, addressing their unique needs and concerns.
3. Emerging regulations are paving the way for a more formal trading and investment environment for digital assets.

03/01/2024

Democracy under threat? Hong Kong's Jimmy Lai is on trial in a case that could change the landscape of human rights and freedoms in the region. Stay informed and engaged with us.

1. 76-year-old Jimmy Lai is on trial, facing charges under a national security law enforced by China.
2. Several international activists, human rights campaigners, and politicians have denounced the charges.
3. Lai could face life imprisonment if found guilty, marking a significant shift in Hong Kong’s political landscape.

The trial of Hong Kong pro-democracy advocate Jimmy Lai, accused of colluding with foreign forces, could have far-reaching implications for democracy and human rights in the region.

03/01/2024

An unprecedented financial stride for the Airport Authority Hong Kong, launching its first-ever local currency bond and successfully raising HK$4 billion!

1 Airport Authority Hong Kong has taken an impressive financial leap by launching a local currency public bond.

2 The bond has managed to raise a significant HK$4 billion, which will be used for capital expenditures and corporate purposes.

3 The company has shown a strong commitment to sustainable finance, with the bond offering exceeding the initial amount.

The Airport Authority Hong Kong raises HK$4 billion via its first local currency bond, signaling a strong recovery amid rebounding passenger traffic.

02/01/2024

Unprecedented trial: Apple Daily's founder Jimmy Lai pleads not guilty to charges under China's national security law.

1 Jimmy Lai, known for his pro-democracy stance, faces an unprecedented trial under China's national security law.

2 His charges extend beyond colluding with foreign entities, including advocating for sanctions against Hong Kong and Chinese officials.

3 The trial's outcome could have far-reaching implications for Hong Kong's pro-democracy movement and press freedom.

Hong Kong pro-democracy media tycoon Jimmy Lai pleads not guilty in a high-profile trial under China's national security law. The trial's outcome will reflect on the broader crackdown on the city's pro-democracy movement and press freedoms.

01/01/2024

Hong Kong welcomed the New Year with a record-breaking fireworks display, attracting a historic 223,000 tourists in a single day. However, the celebration revealed some challenges, including stranded tourists due to logistical issues.

1. Hong Kong's grandest ever New Year's Eve fireworks display attracted a record-breaking 223,000 tourists in a single day.

2. The enormous influx of tourists exposed logistical problems, causing many visitors to be stranded overnight at a train station.

3. The city also broke the record for the warmest New Year's Eve in 140 years, with a temperature of 25.7 degrees Celsius.

https://bnnbreaking.com/world/hongkong/new-years-eve-spectacle-draws-record-tourist-influx-in-hong-kong/

Hong Kong welcomed a record-breaking 223,000 tourists on New Year's Eve 2023, fueled by the city's largest ever fireworks display. The event, however, also resulted in logistical challenges.

01/01/2024

Welcoming 2024 with the most spectacular fireworks show in Hong Kong's history! 🎆

Hong Kong celebrated the New Year with a record-breaking fireworks display themed around the changing seasons.

The 12-minute spectacle was viewed by over 479,000 locals and tourists, creating a festive environment.

The event, organized by the local government and various sponsors, served as a significant tourist attraction and a symbol of hope and joy.

https://bnnbreaking.com/world/hongkong/hong-kong-ushers-in-new-year-with-record-breaking-firework-display/

24/12/2023

A significant blow to global drug trafficking! M**hamphetamines worth $2.1 million, hidden in oil paintings and handicrafts, seized at Hong Kong airport.

Hong Kong customs seized 33.5 kilograms of suspected methamphetamines worth $2.1 million.

The drugs were concealed within oil paintings and handicrafts in the suspects’ checked luggage.

Drug trafficking offenses in Hong Kong can lead to life imprisonment and hefty fines.

**hamphetamine

Hong Kong customs arrest two suspects for alleged drug trafficking of methamphetamines worth HK$16.5 million, concealed in oil paintings and handicraft items. The arrest is part of ongoing efforts to combat transnational drug trafficking.

19/12/2023

Jimmy Lai's trial in Hong Kong is shining a spotlight on the balance between national security and individual freedoms.

1. Lai is accused of colluding with foreign forces, a charge that could result in life imprisonment under the national security law enacted by China.
2. International scrutiny is growing, with countries such as the U.S., U.K., European Union, Canada, and Australia calling for Lai’s immediate release.
3. China's national security law has led to the arrest of over 280 activists and politicians, attracting criticism from Western entities.

Jimmy Lai, founder of the pro-democracy newspaper Apple Daily, faces a national security trial in Hong Kong. The high-profile case has drawn international attention and criticism, pivoting on the balance between national security and individual freedoms.

18/12/2023

Jimmy Lai's trial is a pivotal moment for Hong Kong's democracy.

1 76-year-old Jimmy Lai is the first person to challenge a foreign 'collusion' charge under Hong Kong's new national security
law.

2 The trial, which denies Lai's choice of legal representation, is seen as a major test of Hong Kong's judicial independence.

3 The charges against Lai have caused international condemnation, with governments and activists calling for his release.

https://bnnbreaking.com/world/china/us-and-uk-governments-advocate-for-release-of-hong-kong-media-mogul-jimmy-lai-as-national-security-trial-commences/

17/12/2023

The trial of renowned activist Jimmy Lai is underway. A conviction could see him spend life in prison and alter the global perception of Hong Kong.

1. Jimmy Lai, a critic of the Chinese Communist Party, is accused of sedition and colluding with foreign forces.
2. The trial has been labeled 'highly politicised' and is seen as an attempt to silence criticism.
3. The outcome may have significant implications for Hong Kong's global standing and its adherence to human rights and rule of law.

The trial of Hong Kong's renowned pro-democracy activist and former media tycoon, Jimmy Lai, has commenced, in a case that could significantly impact the

12/12/2023

Brazen thieves strike again in Hong Kong, making off with luxury timepieces worth $3.8 million. This alarming trend of robberies shows a 33.9% increase this year.

1. Alpha Watch & Jewellery in Hong Kong was robbed by a gang of thieves who stole luxury watches worth $3.8 million.
2. This incident is the fourth robbery in Hong Kong's Tsim Sha Tsui district in the past nine months, indicating an alarming trend.
3. There has been a 33.9% increase in robberies in the city compared to the first nine months of 2022.

A gang of robbers stole luxury watches valued at HK$30 million from Alpha Watch and Jewellery in Hong Kong's Tsim Sha Tsui district, marking the fourth such heist within nine months.

11/12/2023

In the recent district election in Hong Kong, a striking dip in voter participation was observed, with only 27.5% of eligible voters casting their ballots.

This marked decrease in turnout is largely accredited to the newly implemented ‘patriots only’ policy that effectively barred pro-democracy candidates from running.

This policy is part of a larger crackdown under a national security law enacted by Beijing, and the subsequent overhaul of the electoral system.

The stringent policy and the ensuing modifications to the electoral system are designed to exclude democrats and liberals from the electoral process.

https://bnnbreaking.com/world/hongkong/hong-kong-district-election-sees-significant-drop-in-voter-turnout/

10/12/2023

Hong Kong is gearing up for its first 'patriots-only' elections, marking a drastic change in the region's electoral system.

1. The 'patriots-only' elections follow intense pro-democracy protests in 2019 and a subsequent national security crackdown.
2. Newly introduced amendments have marginalized opposition figures, effectively reshaping Hong Kong's political landscape.
3. Despite the changes, pro-Beijing parties are encouraging voter turnout through various incentives.

Hong Kong's first 'patriots-only' district elections are set to occur on Sunday, following significant changes in the electoral system imposed by Beijing. Critics label these elections as undemocratic due to the reduced number of directly elected seats and stringent candidate requirements.

01/12/2023

Minnie Chan, a renowned reporter from SCMP, remains unreachable sparking concerns. We stand with her and all journalists risking their lives for the truth.

> Minnie Chan, a reporter with nearly two decades of experience, has been unreachable since her trip to Beijing.

> Concerns about Chan's safety have been raised among friends and colleagues.

> SCMP has communicated its deep commitment to its employees’ welfare to Chan’s family.

‘Missing’ SCMP Reporter Minnie Chan is Safe, in China on Personal Leave

Acclaimed SCMP reporter Minnie Chan on personal leave amidst concerns for her safety following her trip to Beijing. Press freedom organizations call for transparency.

27/10/2023

📦🚚 J&T Global Express, the courier giant for online retailers like Shein and Pinduoduo, took a bold step with its Hong Kong IPO in a challenging market. Founder Li "Jet" Jie now joins the billionaire ranks as the online shopping sector continues to thrive. 📈💼

* J&T Global Express, a courier firm catering to online retailers, completed its Hong Kong IPO, making its founder Li "Jet" Jie a billionaire with a net worth of around $1.5 billion.

* The IPO comes at a time of subdued performance for new listings in Hong Kong, despite being the city's second-largest IPO of 2023, highlighting the challenges faced by companies entering the market.

* J&T Global Express, founded in 2015, rapidly expanded in Southeast Asia and entered the Chinese market in 2020. However, it faces profitability concerns due to reported losses and overvaluation questions.

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Courier firm J&T Global Express makes its debut on the Hong Kong Stock Exchange, creating a new Chinese billionaire and sparking..

26/10/2023

Hong Kong's Chief Executive, John Lee, has unveiled a holistic strategy to strengthen the city's readiness for extreme weather events. Discover the measures ranging from infrastructure enhancements to technological innovation, all geared towards a more resilient and sustainable Hong Kong! 🌪️🌏

🏗️ A comprehensive plan by Chief Executive John Lee to enhance Hong Kong's resilience to extreme weather.

💡 Investment in technology for improved weather forecasting and risk assessment.

♻️ Embracing sustainability, with a focus on green transportation and eco-conscious initiatives.

Hong Kong's Chief Executive outlines measures to reinforce the city's resilience to extreme weather events, leveraging technology, bolstering infrastructure, and aligning economic growth with environmental sustainability.

25/10/2023

Hong Kong charts out the blueprint for its National Security Law to be implemented in 2024. The future awaits new outcomes. 🌐⚖️🔐

1. National Security Prioritized: Hong Kong's planned 2024 National Security Law signifies a change in the focus towards the safety of its nation.

2. The Dawn of New Legislations: This shift brings anticipations of a new wave of legislative reforms in Hong Kong.

3. Progress and Protection: The National Security Law will balance economic progress with the necessary measures for national protection.

Hong Kong's leader announces the creation of its own national security law in 2024, raising concerns about further erosion of freedoms and autonomy in the city.

25/10/2023

🏠 Hong Kong’s real estate landscape is shifting! Dive into the changes reshaping property buying policies. Will it rekindle the market? Explore the details.

Market Stabilization: Hong Kong's revised property policies aim to stabilize the market, providing potential buyers with incentives and reducing entry barriers, fostering a more balanced real estate environment.

Policy Flexibility: The government's agility in adapting policies showcases the responsiveness required to address economic challenges, emphasizing the importance of timely adjustments in a dynamic market.

Buyer Confidence: The initiatives aim to restore buyer confidence, fostering renewed interest in the real estate sector. Confidence is key to stimulating market activity and encouraging property transactions.

Hong Kong relaxes 'spicy policies', cutting stamp duties to revive its real estate sector amid rising interest rates and moderate economic growth. The measures aim to boost market liquidity and attract international talent, marking a significant shift in Hong Kong's economic strategy.

25/10/2023

Exploring Hong Kong's Educational Evolution: Patriotism, Unity, and Tradition 📚🔍 Join us on a deep dive into the 2023 Policy Address, uncovering Hong Kong's educational transformations. From schools to communities, discover the multifaceted approach to patriotic education.

1️⃣ Educational Transformation: Delve into the details of Hong Kong's educational reform, exploring how schools are embracing patriotic education, fostering cultural awareness, and building a stronger community.

2️⃣ Community Conversations: Hear from educators, parents, and community leaders about the impact of these changes, emphasizing the collaborative efforts shaping a new era in Hong Kong's education system.

3️⃣ Global Perspectives: Gain insights into the global significance of Hong Kong's educational shifts, highlighting the city's ability to adapt while preserving its unique cultural identity, making it a case study in balancing tradition and progress.

https://bnn.network/politics/hong-kongs-new-patriotic-education-plan-a-pivotal-shift-in-the-citys-education-system/

Hong Kong plans to establish a patriotic education working group following the adoption of the Patriotic Education Law by Chinese lawmakers, marking a significant shift in the city's education.