CUHK President Dennis Lo Yuk-ming stated the pathway for re-establishing a central student union remains open via legal registration and pushed back against overreliance on mainland student intake.
Typhoon Dolphin forces the cancellation of at least 12 flights connecting Hong Kong with mainland China, Taiwan, and Japan as it moves away from Okinawa toward eastern China.
Unitree has priced its IPO on Shanghai’s Star Market at 150.8 yuan per share, aiming to raise 6.1 billion yuan. DeepSeek invested 141 million yuan and partnered to co-develop AI models.
A 38-year-old Tsinghua University alumnus, Li Long, achieved a top score in China's national gaokao exam, securing admission to an eight-year medical program at Peking University.
The Philippines submitted an official nautical chart to the United Nations asserting its claim to Scarborough Shoal—known as Huangyan Island in China, Minzhu Reef in Taiwan, and Panatag Shoal in the Philippines—defining its 12‑nautical‑mile territorial sea and 24‑nautical‑mile contiguous zone.
Hong Kong Chief Executive John Lee met China Securities Regulatory Commission chairman Wu Qing to discuss deepening financial market links. This high-level meeting occurred ahead of the launch of Hong Kong's first yuan-denominated five-year bond futures, aiming to enhance the RMB product ecosystem and consolidate Hong Kong's role as an offshore RMB hub.
Hong Kong travellers are increasingly choosing mainland China for long-haul transit to Europe, avoiding Middle Eastern routes due to safety concerns from the US-Israel war on Iran and higher airfares. This shift has led to group discounts from mainland airlines, with some routes offering cheaper fares.
Foreign beauticians are performing illegal botulinum toxin and filler injections in Hong Kong, facilitated by online "secret societies" for customers. Industry experts report botched procedures, with only licensed doctors permitted to perform such services under local law.
Apple CEO Tim Cook announced the initial rollout of Apple Intelligence capabilities, including the Clean Up photo-editing tool, for mainland Chinese consumers. This strategic expansion aims to counter fierce domestic competition in China, despite Apple reporting a regional revenue of US$18.8 billion, which fell short of Wall Street estimates.
ChangXin Memory Technologies (CXMT) debuts on Shanghai exchange with a 466% share price surge, achieving a market capitalisation of 3.28 trillion yuan, surpassing all mainland China onshore listings. The semiconductor firm's unprecedented trading volume exceeded 140 billion yuan, prompting regulatory meetings to address market stability concerns.
Hong Kong's finance chief, Paul Chan Mo-po, stated the city can serve as a "super converter" for technical standards and innovations between mainland China and the global community, leveraging its international reputation for quality and trust.
Hong Kong's life insurance industry recorded HK$141.1 billion (US$18 billion) in new policies in the first quarter, a significant increase from the previous year. This marks the third consecutive record-breaking first quarter since the Insurance Authority's establishment in 2016, following Manulife's redomiciliation to the city.
The United States imposed a fresh wave of tariffs late on Thursday against 60 countries, including China, Japan, South Korea, India, and European Union member states, just hours before a temporary 10% blanket levy was set to expire.
The United States imposed new tariffs on 60 countries, including China, Japan, South Korea, India, and EU member states, shortly before a temporary 10% levy expired.
The Pentagon has added Fudan University and Shanghai Jiao Tong University to a list of 88 foreign institutions deemed a threat to US national security, barring US Department of Defence-funded researchers from collaboration starting in fiscal year 2026.
South Korea and Taiwan now account for over half of the MSCI Emerging Markets Index, a dramatic shift from a year ago when China and India dominated. This change is driven by an AI-fueled surge in semiconductor exports and corporate earnings in both economies, leading to significant stock market rallies.
Hong Kong and mainland Chinese judicial bodies co-organized a three-day training course in Guangdong for over 100 judges on cross-border commercial law, specifically guarantees and securities for loans, to foster mutual understanding amid growing economic ties.
"Mr Ho," a 79-year-old Hong Kong man, was jailed for two months for stabbing his 45-year-old wife, "Mrs Ho," after she decided to return to mainland China. The attack occurred in their public rental flat on May 30 last year.
Taiwan's legislature approved an amendment to the Telecommunications Management Act, exempting satellite operators from foreign ownership caps and local chair requirements. This move is seen as removing a major obstacle for Starlink to operate in Taiwan, enhancing the island's wartime communication capabilities.
Several Chinese corporations and Adidas are granting employees a full or half day off next Monday to watch the Fifa World Cup final between Spain and Argentina at MetLife Stadium, with Adidas celebrating its sponsorship of both teams.
Hongkongers are increasingly opting for high-speed rail to travel to mainland China, citing convenience for elderly travelers and expanded direct routes. The journey to Zhangjiajie was highlighted as a successful family trip.
GalaxySpace, a leading Chinese commercial space company, sees Hong Kong and Macau as crucial strategic hubs for global expansion of China's space sector, leveraging their international networks to complement Beijing's R&D strengths.
SCMP's weekly report features China's Xi Jinping sending a July 4 message to Trump, setting a new precedent amid diplomatic efforts to stabilize US-China relations. Other highlights include Hong Kong's top IB scorers and China's role in Cabo Verde's FIFA journey.
Fast Retailing, parent of Uniqlo, saw same-store sales rise in May due to enhanced marketing and strong demand for summer products. The company reported significant revenue and profit growth for the nine-month period ending May, with Greater China being its second-largest market.
