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Steady5 stories1 sourcesLast updated: 6/9/2026

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Hong Kong Disneyland Net Profit Drops 36% to HK$536 Million
NEWS
4/28/2026AI summary

Hong Kong Disneyland Net Profit Drops 36% to HK$536 Million

Hong Kong Disneyland Resort reported a 36% decline in net profit to HK$536 million (US$68 million) for the financial year ending last September, with revenue down 1.35% to HK$8.69 billion and visitor numbers falling 2.5% to 7.5 million. Managing director Tim Sypko attributed the drop to higher wages, anniversary-related expenses, and depreciation from new attractions including a Pixar-themed water parade. Despite the decline, the resort achieved its second-highest profit in 20 years and became debt-free for the first time.

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SCMP Economy
Study Reveals 7,000-Year History of Ganlan Stilted Houses in East Asia
Science
4/25/2026AI summary

Study Reveals 7,000-Year History of Ganlan Stilted Houses in East Asia

Researchers from Southeast University in Nanjing have published a study in Nature documenting the 7,000-year history of ganlan, Chinese stilted houses. The research highlights how inter-ethnic interaction, particularly influenced by Han culture, shaped the 'west-to-east' directional evolution pattern of these structures. Tai O fishing village on Lantau Island serves as a premier destination showcasing this architectural heritage.

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SCMP Economy
Cross-Border Yacht Scheme Set to Launch This Summer for Greater Bay Area
Developing
Travel·4/23/2026AI summary

Cross-Border Yacht Scheme Set to Launch This Summer for Greater Bay Area

A long-awaited cross-border solo travel scheme will allow yachts from Macau and Hong Kong to sail to about six designated ports in western waters off the Greater Bay Area, with the policy expected to be finalized as early as summer 2026. A Guangdong provincial government document outlines routes including Castle Peak Bay, Pearl River Delta, Fan Lau Kok, and waters around the Wanshan islands. Initial applicants will be limited to Hong Kong and Macau residents holding mainland travel permits, excluding foreigners with home-return permits.

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SCMP Economy