Hong Kong, CSRC deepen financial ties ahead of first yuan bond futures launch

Hong Kong’s leader has met the head of mainland China’s securities regulator to discuss deepening links between the two financial markets ahead of the launch of the city’s first yuan-denominated bond futures.

Chief Executive John Lee Ka-chiu said on Sunday evening that he met China Securities Regulatory Commission (CSRC) chairman Wu Qing at Government House in Central to exchange views on deepening mutual access between the financial markets in Hong Kong and the mainland.

The high-level meeting with the CSRC delegation took place ahead


Jardine Foundation to end scholarships for Oxford, Cambridge undergrads

King’s College Chapel at the University of Cambridge. Photo: PA Images via Getty Images
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Israeli strikes kill 9 in Gaza, cabinet minister says no deal to stop

Israeli ⁠air strikes continued in Gaza for a second straight day on Sunday, killing at least nine Palestinians, despite US President Donald Trump’s announcement of a breakthrough in efforts to implement last year’s Gaza ceasefire agreement.

Israeli Energy Minister Eli Cohen said on Sunday that there was no deal to halt attacks on Gaza and that he saw a need for Israel, which already ‌controls 70 per cent of the Strip, to take full control of it.

Cohen is a member of Prime Minister Netanyahu’s

A man grieves over the body of a fellow Palestinian killed in an overnight Israeli air strike, at the al-Shifa Hospital in Gaza City on Sunday. Photo: AFP

Chinese rocket scientists find ‘most effective’ way to nuke a doomsday asteroid

China’s two-pronged method could blast apart an Earth-threatening space rock using a 3-megaton explosion equivalent to 200 Hiroshima bombs

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Chinese engineers are developing a two-pronged method to destroy an asteroid on a collision course with Earth using a powerful nuclear bomb. Photo: Getty Images

Chinese researchers believe they may have found the most effective way to destroy or deflect a large, Earth-threatening asteroid – by burying a nuclear bomb beneath its surface and exploding it.
The idea is to first slam a metal penetrator into the asteroid, digging

‘Pets are meant to be spoiled’: Hong Kong cat owners spend big at feline expo

With 14 cats and a dog at home, Hong Kong couple Mr and Mrs Cheung spend more than HK$10,000 (US$1,275) a month on their beloved pets.

“Pets are meant to be spoiled rotten,” said Mrs Cheung, a pet groomer in her thirties who visited the cat expo in Wan Chai on Sunday with her husband and four Maine Coon cats. The cats were dressed up and carried in a HK$4,000 stroller


‘Discouraged’ at university, maths star Wang Hong spurs Chinese education debate

Fields Medal winner’s candid remarks resonate with young students in China who say they’ve had similar experiences

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Chinese mathematician Wang Hong was awarded the Fields Medal on July 23. Photo: AFP

Many young students in China have been inspired by the achievement of Wang Hong, the first Chinese woman to receive the Fields Medal – the world’s most prestigious prize in mathematics.

But it is the 35-year-old’s candid remarks about feeling “discouraged” in her early years


5 dead in Indonesia ferry fire, 41 missing

The captain reported the blaze as the vessel sailed from East Java to South Sulawesi. Some passengers jumped into the sea

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A still image taken from a handout video made available by Indonesia’s National Search and Rescue Agency shows thick smoke billowing from a passenger ferry on Sunday. Photo: via EPA

An Indonesian ferry caught fire at sea on Sunday, killing five people and leaving another 41 missing after some jumped overboard, search and rescue officials said.

A total of 225 people on the vessel were rescued, said the regional Surabaya Search and Rescue Agency, which provided the latest figures

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Rains fail to deter Chiikawa fans and big spenders after roundabout cancellation

The return of an exhibition featuring popular Japanese manga series Chiikawa to Hong Kong drew crowds and big spenders on a rainy Sunday afternoon, even though the organiser cancelled a much-anticipated roundabout due to safety reasons.

While some fans expressed disappointment over the halted rides at the K11 Musea promenade on the Tsim Sha Tsui waterfront, others welcomed the alternative arrangement, which allowed them to take photos with several characters on the stationary roundabout.

Some spent thousands of Hong Kong dollars on merchandise.

“It is a bit disappointing,

Joey Chan with her husband Leo Lok and son Ken at the exhibition. Photo: Edmond So

How can Hong Kong retirees ease the pain of rising healthcare costs?

Retiree Philip Kong says he realised Hong Kong’s healthcare system needed a wake-up call when he discovered that receiving treatment for his prostate condition in neighbouring Shenzhen could potentially cut his medical bill by nearly 90 per cent.

The 75-year-old was diagnosed with an enlarged prostate earlier this year and set to pay HK$210,000 (US$26,780) for a scheduled surgery at Hong Kong Sanatorium and Hospital – until a family friend, who

Philip Kong was diagnosed with an enlarged prostate earlier this year and was set to pay HK$210,000 for surgery at the Hong Kong Sanatorium and Hospital. Photo: Jonathan Wong

7 face arrest after Inner Mongolia fatal blast report exposes string of failings

Accidents and disasters in China

A report into the explosion that killed 10 people said poor maintenance and a lack of proper oversight had contributed to the accident

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Debris from the explosion was scattered over a wide area. Photo: Xinhua

A series of failures, including poor maintenance, design and oversight, have been blamed for a deadly explosion at an industrial plant in Baotou in China’s Inner Mongolia region earlier this year.
In an official report released on Sunday, the Inner Mongolian emergency management