DIRS.INFO The most relevant business & tech news

☆ Spending in Shenzhen: Chinese used to escape to this former British colony. Now Hongkongers are heading in the opposite direction
▼ + stars: | 2024-02-24 | by ( Chris Lau | Veronica Lin | ) edition.cnn.com time to read: +13 min

Hong Kong CNN —With Hong Kong’s sky-high cost of living, residents like Andy Tsui have been looking for alternative ways to have more fun and spend less. Rather than spending his cash in his hometown of Hong Kong, he’s been crossing the border into mainland China to splurge instead. Such trips are noteworthy because, for much of Hong Kong’s modern history, the traffic has been largely — conspicuously, even — in the other direction. Hong Kong used to be the place where Chinese would escape to, not from. In 2023, just 26 million mainlanders — about half of the 2018 crowd — visited Hong Kong.

Persons: Andy Tsui, he’s, boba, ” Tsui, Justin Robertson, Noemi Cassanelli, CNN Hong Kong’s, Hong Kong —, misbehaving, —, ”, Steve Tsang, Hong, Shenzhen’s, Hongkongers, Gilles Sabrie, Hongkonger Eddy Lam, Lam, Cherrie Leung, Qilai Shen, Hugo Sin, “, Gary Ng, John Lee, Tsang Organizations: Hong Kong CNN, CNN, Shoppers, Yuen, Britain, Newspapers, Hong, Hong Kong Immigration Department, China Institute, SOAS University, Huawei, Tencent, Bloomberg, Getty, Sam’s Club, Costco, Sam’s, Walmart, Hong Kong, Shenzhen hasn’t, Xinhua, RTHK, SOAS University of London Locations: Hong Kong, China, splurge, Peking, Shenzhen, East, Hong, People’s Republic of China, British, Beijing, London, Bay Area, San Francisco , New York, Tokyo, Kowloon, Coco, Shanghai, “, Inner Mongolia, Taiwan, Japan, Mainland China, Hong Kong’s, Britain, Canada, Australia, Bay, ”

☆ The culinary delights hidden inside Hong Kong’s markets
▼ + stars: | 2023-10-20 | by ( Maggie Wong | ) edition.cnn.com time to read: +11 min

Hong Kong CNN —Offering everything from Michelin-endorsed dim sum to juicy smoked goose served in a world-renowned restaurant, Hong Kong is home to some of the finest culinary experiences on the planet. But don’t fret – we have put together a list of eight top-quality Hong Kong markets along with some of the best dishes to try. Queen Street Cooked Food MarketQueen Street Market serves some of the most authentic Chiuchow -- a regional Cantonese cuisine -- dishes. Maggie Wong/CNNA foodie haven in the north of Hong Kong, Yuen Long is a hub for both modern and traditional eateries. The relatively run-down look of the Fa Yuen Street Cooked Food Market inside only adds to the charm.

Persons: ”, Lui Ka Chun, Kongers, Lui, “, Wai Kee, Maggie Wong, Kau Kee, ngau, jyu beng, Kan, Hong Kong’s, Lok Yuen, yuen yeung, Tsang Kee, Chan Chun Kee, suckling, Tai Po Hui, Lam Kee, Tung Kee, Ping Kee, Ng Zai Kee, Bon, Tsun, CNN Kwun, Long, Tim Kee, Yuen Long, it’s, Kee’s, Fa, Mui Kee Congee, Shau Kee Wan Organizations: CNN, Hong Kong CNN, Michelin, Lok, Market, Queen, Thai &, Thai & Vietnam Cuisine, ABC, Tai Po Hui, Food, hawker, Hong Kong’s, Fa Yuen, Kitchen Locations: Hong Kong, Hong, hawker, Kong’s, Kan Kee, Kowloon City, Kowloon Walled City, Lok, Beijing, Thai, Thai & Vietnam, Tai Po, New Territories, Shanghai, Kwun Tong, CNN Kwun Tong, Kowloon, Sichuan, Yuen, Mong Kok, Aldrich, Aldrich Bay, Shau

☆ Meet the typical Hong Kong millennial: They're supporting their parents, can't afford to buy homes, and have zero interest in moving to mainland China
▼ + stars: | 2023-09-18 | by ( Faye Bradley | ) www.businessinsider.com time to read: +19 min

He earns 1.5 million Hong Kong dollars a year, or $191,000, including the base salary and three months' bonus — well above the average annual salary in Hong Kong. A protester on June 12, 2019 in Hong Kong when crowds gathered in central Hong Kong as the city braced for another mass rally. Anthony Kwan/Getty ImagesThe Hong Kong protests took place between 2019 and 2020, with many students and adults taking to the streets to fight back against the government's decision to introduce an extradition bill between Hong Kong and China. University of Hong Kong was ranked 31st and Chinese University of Hong Kong was 45, on the World University Rankings in 2023. Hong Kong millennials struggle to prioritize well-being, according to a survey run by British health insurance company Bupa.

Persons: Hong Kong's, Ken Ho, Hong Kongers, Ho, Kongers, —, hasn't, Summer Ng, Tau Kok, Ng, Hong, Kong's, Getty, Hong Kong millennials, it's, Aniqah Bhatnagar, Bhatnagar, Wilson Ho, Wilson Ho Wilson, Kai Tak, Anthony Kwan, Xu Huang, Huang, millennials, Gen Zs, Morgan McKinley, Zurine Lau, I'm, Yuen Long, Lau, Nick Shin Nick Shin, Tai Koo, They're Organizations: Service, University College London, Imperial College London, Fidelity Investments, Hong, HK, BBC, Property Management, Hong Kong, Hong Kong Baptist University, Deloitte Global, Statistics Department, University of Hong Kong, University of Hong, World, Family Planning Association, millennials, Hong Kong Free Press, CNN Locations: Hong Kong, Wall, Silicon, Kennedy Town, Kowloon Bay, Kwun Tong, Hong Kong's, United Kingdom, People's Republic of China, British, Asia, Hong, millennials, India, Kowloon, Kai, China, Singapore, Sydney, South America, ymgerman, South Korea, Hong Kong . Hong Kong, University of Hong Kong, New Territories, Tai

☆ Hong Kong court charges four with criminal damage after BYD offices vandalised
▼ + stars: | 2023-06-19 | by ( ) www.reuters.com time to read: +1 min

HONG KONG, June 19 (Reuters) - A Hong Kong court on Monday charged four men with criminal damage to property at showrooms and a service centre of Chinese automaker BYD Co Ltd after they were vandalised last week in the financial hub. The men arrested were all of Chinese nationality and aged between 29-48 years, according to charge-sheets released by the court. None of them made any pleas in the court on Monday. All will be kept in the custody of the correctional services department until the next hearing on July 17. Police said last week that there was no evidence that the men had deliberately targeted the mainland auto brand and that an investigation was ongoing.

Persons: JC Motor, Jessie Pang, Farah Master, Muralikumar Organizations: Hong, BYD, Reuters, Police, Thomson Locations: HONG KONG, Hong Kong, Wan Chai, Sha Tsui, Kowloon, Tin Shui, New Territories

☆ Chinese automaker BYD reopens two Hong Kong showrooms after vandalism
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +1 min

[1/2] A woman walks past a splattered BYD store while police cordons are visible at the scene in Hong Kong, China June 12, 2023. REUTERS/Joyce Zhou/File PhotoCompanies BYD Co Ltd FollowHONG KONG, June 14 (Reuters) - Chinese automaker BYD Co Ltd has restarted operations at two showrooms and a service centre in Hong Kong after they were vandalised earlier this week, BYD's sole agent said in a notice on its website on Wednesday. Its showrooms in the districts of Wan Chai on Hong Kong island and Tsim Sha Tsui in Kowloon, as well as its service centre in Tin Shui Wai in the New Territories, had resumed normal operations, it added. JC Motor did not immediately respond to Reuters' request for comment on the cause and impact of the vandalism. Two BYD showrooms and a service centre in Hong Kong were daubed with red paint, while a car also rammed into the roller shutter at its Yuen Long showroom in the early hours of Monday, causing damage, police told Reuters.

Persons: Joyce Zhou, BYD's, Yuen Long, JC, Donny Kwok, Jacqueline Wong Organizations: REUTERS, BYD, Motor, JC, Reuters, Thomson Locations: Hong Kong, China, HONG KONG, Yuen, New Territories, Wan Chai, Sha Tsui, Kowloon, Tin Shui

☆ Hong Kong journalist wins appeal at top court over Yuen Long documentary
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +2 min

HONG KONG, June 5 (Reuters) - Hong Kong journalist Bao Choy won an appeal at the city's top court on Monday against her conviction linked to checking vehicle registration records for a documentary about an attack at a train station on pro-democracy protesters in 2019. Bystanders and journalists were also beaten by the assailants during their attack on the protesters. Choy, whose documentary was focused on the police handling of the mob attack, had pleaded not guilty. Chan also argued that the prosecution failed to mention press freedom, which is protected under the city’s mini constitution. ($1 = 7.8388 Hong Kong dollars)Reporting By Justin Fung and Jessie Pang; Editing by Anne Marie Roantree & Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

Persons: Bao Choy, convicting, Choy, Derek Chan, Chan, Convicting Chan, Ivy Chui, Justin Fung, Jessie Pang, Anne Marie Roantree, Simon Cameron, Moore Organizations: RTHK, HK, Appeal, Thomson Locations: HONG KONG, Hong Kong, Long

☆ Hong Kong police seize statue in "incitement to subversion" probe
▼ + stars: | 2023-05-05 | by ( Jessie Pang | Thomson Reuters | Jessie Pang Joined Reuters In After An Internship. She Covers Hong Kong With A Focus On Politics | ) www.reuters.com time to read: +3 min

HONG KONG, May 5 (Reuters) - Hong Kong police seized an exhibit on Friday in connection with what they said was an attempt to incite subversion, with media reporting it was a statue commemorating Beijing's Tiananmen Square crackdown on democracy protesters in 1989. Hong Kong had traditionally held the largest annual vigils in the world to commemorate the crackdown. The two-tonne copper Pillar of Shame was first exhibited at a Tiananmen Square commemoration in Hong Kong in 1997, the same year Britain handed the city back to China. In 2021, the University of Hong Kong dismantled and removed the statue "based on external legal advice and risk assessment for the best interest of the university". It is not clear if the Tiananmen Square vigil will take place this year.

☆ China Evergrande says Hong Kong land plot sold by receivers for $637 mln
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +1 min

HONG KONG, Nov 6 (Reuters) - China Evergrande Group (3333.HK) said on Sunday its plot of undeveloped land for residential development in Hong Kong's Yuen Long district has been sold by its receivers for $636.94 million. The land project is expected to result in a loss of about $770 million, the Chinese property developer said in a filing to the Hong Kong bourse. The sale proceeds will be used to repay the financial obligations tied to the land plot, it said. Evergrande bought the rural land plot from local developer Henderson Land for $600 million in 2019, and spent around $532 million to convert it into buildable land, according to local media. Saddled with more than $300 billion in total liabilities, the defaulted Chinese property developer has already seen many of its assets, both in mainland China and Hong Kong, seized by creditors.

☆ China Evergrande says its interests in land in Hong Kong sold for $637 mln
▼ + stars: | 2022-11-06 | by ( ) www.reuters.com time to read: 1 min

Nov 6 (Reuters) - China Evergrande Group said on Sunday its interests in a plot of undeveloped land for residential development in Hong Kong's Yuen Long district have been sold by its receivers for $636.94 million. The proceeds will be used to repay some of the company's financial obligations in relation to the project and a loss of about $770 million is expected to be recorded in respect of the project, the Chinese property developer said in a filing to the Hong Kong bourse. Saddled with more than $300 billion in total liabilities, the defaulted Chinese property developer has already seen many of its assets, both in mainland China and Hong Kong, seized by creditors. read moreReporting by Donny Kwok; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Search resuls for: "Yuen Long"

9 mentions found