John Lee meets business and innovation leaders over Hong Kong’s first 5-year plan

Hong Kong’s chief executive has met the business and innovation leaders advising him on the city’s strategic direction as part of drafting the first local five-year plan, with one adviser saying he was “inspired” by the high-powered group’s discussions.

Speaking after the string of lunch meetings held over the past three days, Chief Executive John Lee Ka-chiu said on Thursday that the members of his Council of Advisers were confident the city would continue to give “full play” to its roles

Members of the Council of Advisers meet on July 29. Photo: Handout

Hongkong Land acquires Singapore’s Wheelock Place in US$900m deal

Hongkong Land will acquire Singapore’s Wheelock Place for about S$1.1 billion (US$900 million) through its Singapore Central Private Real Estate Fund (SCPREF), marking the fund’s first acquisition since its launch in February.

The mixed-use commercial property on Orchard Road is being acquired from an entity owned by Hong Kong-listed Wharf Real Estate Investment Company, according to a statement released by Hongkong Land on Thursday. The transaction is expected to conclude by the end of August.


ByteDance’s US$4b projected AI revenue tops China as it restructures office tool Lark

ByteDance has integrated its enterprise collaboration unit into other teams, a move that sharpens its focus on using artificial intelligence to serve corporate clients as annualised AI revenue of US$4 billion pushes it to the front of the pack in China, according to sources.

The Beijing-based company decided to integrate the product team of office tool Lark, known as Feishu domestically, into the product team in charge of the Doubao AI chatbot, according to an internal memo seen by the South China Morning Post on Thursday.

The new bigger


Can the West really decouple from China?

A worker responsible for electrode technology development near a mixing container for battery production at a factory in Bavaria, Germany, on October 26, 2023. Photo: dpa

Djoomart Otorbaev is a former prime minister of the Kyrgyz Republic (2014-2015).

Over the past 10 years, Washington, Brussels and London have made decreasing economic reliance on China a strategic goal. Western economic plans now stress supply-chain resilience, industrial sovereignty, technological leadership and national security.
The Covid-19 pandemic highlighted weaknesses in global supply networks. Increasing geostrategic tensions, export restrictions and

Viagra shows potential against cancer spread

Scientists at Tel Aviv University found that the blue pill curbs cancer metastasis

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A doctor holds the anti-impotence drug Viagra. Viagra’s potential to limit cancer spread could be boosted by using it alongside statins, a widely taken medication that limits cholesterol production. Photo: AFP

Best known as Viagra, the erectile dysfunction drug sildenafil started off as a treatment for reduced blood flow but soon saw its value spike after its other effects became clear.

The blue pill could have more uses, according to research by scientists at the Weizmann Institute of Science in Tel Aviv. The team found indications that it curbs cancer metastasis via


6 hurt as truck and minibus collide on Hong Kong’s Castle Peak Road

Those injured in the crash were sent to Pok Oi Hospital in Yuen Long. Phot0: Jelly Tse

Six people have been injured in a collision between a truck and a minibus on a section of Castle Peak Road near Yuen Long in Hong Kong.

Police said they were alerted at 4.27pm on Thursday to the traffic accident involving a 24-tonne truck and a green-topped minibus on the Yuen Long-bound lane of Castle Peak Road-Tam Mi.

Six people suffered neck injuries, police said, adding that they


ICAC charges 3 former HSBC managers over accepting bribes to fast-track accounts

Hong Kong’s anti-corruption watchdog has charged three former HSBC relationship managers with allegedly accepting bribes to help customers jump the queue when opening bank accounts.

The Independent Commission Against Corruption (ICAC) said on Thursday that Chan Fu-kwan, 32, Mike Chan Wai-pak, 29, and Bernie Yau Kai-lung, 33, face a total of six bribery charges. All three worked at the bank’s Causeway Bay branch at the time of the alleged offences and were formally charged on


China ‘most generous boss’ fires employee for excluding mum from wedding over looks

Cui Peijun, right, famously known as “China’s most generous boss,” made headlines recently after he fired an employee for excluding his mother from his wedding due to her appearance. Photo: ha.china.com

A boss from central China sparked online controversy after disclosing that he once fired an employee for excluding his mother from his wedding.

Cui Peijun, founder and chairman of Henan Kuangshan Crane Co., Ltd. in Xinxiang, Henan province, has gained a reputation online as “China’s most generous boss.”

At the annual company gala in February, Cui distributed 60 million yuan (US$8.8 million) in cash bonuses

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Can a Brics invite mark a new chapter in India-Bangladesh ties?

This Week in Asia Politics

Analysts welcome the outreach, saying the summit will be an opportunity for both sides to work together if Rahman accepts the invitation

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India’s Prime Minister Narendra  Modi (fifth from right) with other Brics leaders at the summit in Rio de Janeiro, Brazil, on July 6, 2025. Photo: Reuters

India ’s invitation to Bangladeshi Prime Minister Tarique Rahman to attend a Brics summit in New Delhi in September is being seen as a chance to repair ties after one of the most turbulent periods in relations between the neighbours in years.
If Rahman accepts, he will

China accuses Philippines of ‘flagrantly infringing’ on sovereignty in seabed claim

Beijing urges United Nations commission not to consider the Philippines’ filing to extend its continental shelf in the South China Sea

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A China Coast Guard vessel sails near Thitu Island on February 21, 2026. Manila’s proposed extended continental shelf would stretch across the seabed near the Philippine-held feature, also known as Pagasa Island. Photo: AFP

Beijing accused Manila of “flagrantly infringing” on Chinese sovereignty and undermining regional peace after the Philippines formally presented its bid to the United Nations this week for extended seabed rights in the South China Sea.

The rebuttal,