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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHong Kong's MTR says its recurrent business has more room to growJacob Kam, CEO of MTR says the Hong Kong railway operator is seeing a strong recovery in passenger numbers locally and in its Mainland China business.
Persons: Jacob Kam Organizations: Hong, MTR Locations: Hong Kong, Mainland China
Hong Kong CNN —Elsa, Anna, Olaf and Sven have a new home on a subtropical island in Asia. World of Frozen, Disney’s first-ever themed land dedicated to the “Frozen” media franchise, opened at Hong Kong Disneyland on November 20. Michael Moriarty, managing director of Hong Kong Disneyland, called World of Frozen “the most immersive attraction we’ve ever built.”Hong Kong Disneyland's World of Frozen includes a recreation of the Arendelle Palace and other key elements from the beloved film franchise. Courtesy DisneyHe added that the decision to bring World of Frozen to Hong Kong was influenced by the regional interest in the franchise and the unique natural elements of Lantau Island, where Hong Kong Disneyland is located. Visitors can get to Hong Kong Disneyland by car or via the orange line on Hong Kong’s MTR public transit system.
Persons: Hong Kong CNN — Elsa, Anna, Olaf, Sven, Disney’s, Prince Hans, , Bob Iger, Disney Imagineers, Elsa, Kristoff, , Michael Moriarty, ” Moriarty, Moriarty, Arendelle Organizations: Hong Kong CNN, Hong Kong Disneyland, Disney, Disney Parks, Kong’s Locations: Hong Kong, Asia, Hong, Norway, Arendelle, Olaf, Sunny
Remnants of Typhoon Koinu bring floods to Hong Kong
  + stars: | 2023-10-09 | by ( ) www.reuters.com   time to read: +2 min
A woman struggles with an umbrella while walking against strong wind, as Typhoon Koinu approaches, in Hong Kong, China October 8, 2023. REUTERS/Tyrone Siu Acquire Licensing RightsHONG KONG, Oct 9 (Reuters) - Hong Kong saw heavy flooding on Monday as the remnants of Typhoon Koinu brought heavy rains and strong gales, with many areas inundated with water just a month after the city was paralysed by record-breaking rainfall. Koinu had weakened into a severe tropical storm but still brought gale-force winds and heavy rain, the city's Observatory said. It is due to reopen in the afternoon as strong winds are expected to ease later in the day. Reporting by Farah Master in Hong Kong and Liz Lee in Beijing; Editing by Stephen Coates and Lincoln Feast.
Persons: Koinu, Tyrone Siu, Typhoon Koinu, Farah Master, Liz Lee, Stephen Coates Organizations: REUTERS, Tyrone, city's, . Schools, RTHK, Express, Services, MTR, China Meteorological Administration, Thomson Locations: Hong Kong, China, HONG KONG, China's, Guangdong, Hong, Taishan, Zhuhai, Hainan, Fujian, Beijing, Lincoln
HONG KONG (Reuters) - Torrential rain deluged Hong Kong on Friday leading to widespread flooding across the densely packed city, submerging streets, shopping malls and metro stations, as authorities shut schools and asked workers to stay at home. Hong Kong Observatory reported rainfall of 158.1 millimetres (6.2 inches) between 11 p.m. HKT on Thursday and midnight on Friday (1500 to 1600 GMT on Thursday). Hong Kong's stock exchange will not open on Friday morning if the black rainstorm warning is still in place at 9 a.m., the exchange said. Videos circulating on social media showed streets turning into raging rivers, while one clip showed water gushing down an escalator into a swamped subway station. Hong Kong's MTR Corp which operates the city's rail network said at least one line was shut while others were operating at delayed intervals.
Persons: Haikui, John Lee, Farah Master, Jamie Freed Organizations: Reuters, Hong Kong Observatory, Hong Kong's MTR Corp Locations: HONG KONG, Hong Kong, Hong, Kowloon, Territories, Guangdong, City, Chai Wan
Residential buildings stand at the Metro Town development, jointly developed by CK Asset Property Holdings Ltd., Nan Fung International Holding Ltd. and MTR Corp., in Hong Kong, China, on Thursday, Jan. 11, 2018. Hong Kong-listed property stocks surged on Monday, leading gains on the Hang Seng Index and powering the benchmark to be the top gainer in Asia. Shares of real estate companies like Evergrande , Logan Group and Longfor Group spiked over 9% on Monday, with Country Garden Holdings leading gains at 14.61% up. The Hang Seng Mainland Property Index was up 9.09%. Country Garden is still scheduled to pay $22 million in coupon payments on two U.S. dollar bonds it missed in early August.
Persons: Nan Organizations: Metro Town, CK Asset Property Holdings Ltd, Nan Fung International Holding Ltd, MTR Corp, Index, Logan Group, Longfor, Country Garden Holdings, Mainland, Garden, Reuters, Bloomberg, Malaysian Locations: Hong Kong, China, Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe'll continue to explore new international markets, says Hong Kong's MTR CEOJacob Kam, CEO of the mass transit operator and property developer, says "for the projects that are already in the pipeline, we are talking about over 100 billion Hong Kong dollars investment in the next few years."
Persons: Jacob Kam Organizations: Hong Locations: Hong, Hong Kong
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHong Kong's post-pandemic recovery trend is 'encouraging': MTR CEOHong Kong's railway ridership sees a 'fast recovery' as the city reopens boarder with Mainland China after three years of pandemic, says MTR CEO Jacob Kam.
Sam AltmanOpenAI's Sam Altman reportedly invested $180 million into a longevity startup called Retro Biosciences, according to MIT Technology Review. Lucy Nicholson/ReutersSam Altman is quickly establishing himself as a household name as the CEO of OpenAI, the company behind ChatGPT. Altman seems to be channeling some of his probable largesse into extending the human lifespan. MIT Technology Review reported that Altman invested $180 million into Retro Biosciences, a company with a mission to "add 10 years to healthy human lifespan," according to the company's site. Altman's investment in Retro Biosciences is among the "largest ever by an individual into a startup pursuing human longevity," MTR said.
Hong Kong to scrap Covid mask mandate from March 1
  + stars: | 2023-02-28 | by ( ) www.cnbc.com   time to read: +1 min
The Central MTR subway station on May 21, 2021 in Hong Kong. The special administrative region of Hong Kong is one of the last places globally that still imposes a mask mandate. Hong Kong and Macao both followed China's zero-Covid policy for much of the past three years. Hong Kong started unwinding its stringent Covid rules last year but mask-wearing has remained constant since 2020. It is a clear message to show Hong Kong is resuming normalcy," Lee said.
Scientists at Auburn University injected alligator DNA into farm-raised catfish. They hope the new and less disease-prone catfish will one day be sold for human consumption. A group of scientists at Auburn University published a paper in January detailing their efforts to genetically modify catfish with the cathelicidin gene of an alligator. The gene, which was added using CRISPR, heightened disease resistance among the catfish in comparison to wild catfish. However, researchers hope that the alligator and catfish gene-editing can be used in tandem with other catfish breeding techniques to help farmers with their catfish yields.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMTR Corporation CEO: Lost a third of our revenue in Covid lockdown yearsJacob Kam, CEO at MTR Corporation, speaks to CNBC's Joumanna Bercetche at the World Economic Forum in Davos.
[1/5] A Chinese police officer stands guard at in the mainland port area of West Kowloon High-Speed Train Station Terminus on the first day of the resumption of rail service to mainland China, during the coronavirus disease (COVID-19) pandemic in Hong Kong, China, January 15, 2023. REUTERS/Tyrone SiuHONG KONG/BEIJING, Jan 15 (Reuters) - China resumed on Sunday high-speed rail services between Hong Kong and the mainland for the first time since the beginning of the COVID-19 pandemic, as it dismantles travel curbs after Beijing scrapped quarantine for arrivals a week earlier. Operations at West Kowloon station have been smooth, with a flow of about 1,400 passengers by 10 a.m., said Cheung Chi-keung, head of operator MTR Corp’s (0066.HK) cross-boundary operations. Hong Kong's transport secretary, Lam Sai-hung, said he could not confirm when long-haul journeys would resume, but that would be after talks with mainland authorities. Reporting by Joyce Zhou and Donny Kwok in Hong Kong and Martin Quin Pollard and Shuyan Wang in Beijing; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.
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