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Society

Smart ID Exhibition reminds citizens renewal program is drawing to a close

  • By: Hanzhi YANG、Yiyang LIEdited by: Tsz Yin HO、Ming Min AW YONG
  • 2023-02-10

The last application date for replacement of new smart identity cards at the Smart Identity Card Replacement Centres (SIDCCs) has been extended from the original date, February 11 to March 3. Meanwhile, the identity card collection service will be maintained through to March 3, 2023. A roving exhibition by the Immigration Department has been held in PopCorn mall in Tseung Kwan O from February 8 to 9. The exhibition aimed to promote publicity on applications for smart identity cards and appeals for ID cards.  Failing to apply for a new ID card within the time limit would be against the law unless there is a reasonable excuse and could result in a maximum fine of HK $5,000. Hongkongers are also not allowed to keep their old ID cards and are required to return them to the Registration of Persons Office. Those found in possession of more than one ID card can be fined up to HK$5000 and imprisoned for two years without a reasonable excuse.  The exhibition includes showcases of ID card history, panels showing the requirements for the renewal of ID cards, and the rules for applying for the new smart ID cards. There are also staff from the immigration department stationed to help citizens with any enquiries about the replacement. According to the information shown in the exhibition, the new smart ID card uses a variety of new security features, including colourful UV patterns that appear under ultraviolet light, which improves overall security measures. The new smart ID cards are also more durable than the old ID cards. “Most of the people we helped and explained to are the elderly, and this exhibition surely provided them with what they needed to know," said Lin Si-en, a staff member of the immigration department. Neighbours staying near the mall are …

Politics

Prosecutors in Hong Kong’s largest national security trial allege unofficial political election could have harmed stability

  • By: Junzhe JIANG、Juncong SHUAIEdited by: KOO Chi Tung 顧知桐
  • 2023-02-08

Prosecutors on Tuesday said the unofficial 2020 Hong Kong pro-democracy legislative primaries diminished the city’s livelihood and stability in the trial of 47 defendants charged with subversion. Prosecutors listed the details of how defendants organized the Legco primaries in May 2020 and showed videos and posts in their opening remarks during the first two days of Hong Kong’s largest national security trial. The prosecutor said the 47 defendants were inspired by Hong Kong legal scholar Benny Tai Yiu-ting’s article outlining 10 steps of lam chau, a slogan used by democracy activists often translated as “burn together”,  to control the Legislative Council through the pre-election. Deputy director of public prosecutions Anthony Chau Tin-hang said the objective of the group was to snatch at least 35 out of 70 Legco seats and then vote down the government budgets, forcing Carrie Lam Cheng Yuet-ngor to resign. Evidence shown in court on Tuesday included a statement signed by some of the accused from Kowloon East and New Territories West asking the then-Chief Executive to respond to the “five major demands”. Sixteen out 47 defendants pleaded not guilty on Monday. Of the defendants who have not pleaded guilty, six are on remand, four of whom have spent more than 700 days in custody. Former member of the Yuen Long District Council Ng Kin-wai and founder of local retail chain AbouThai Mike Lam King-nam plead guilty on Monday. Lam will testify for the prosecution with three other organizers of the primary.  In August, Security for Justice Paul Lam Ting-kwok ordered a non-jury trial because of “involvement of foreign factors” and “the protection of personal safety of jurors and their family members”.  From midnight, hundreds waited outside the court for public seats. Long queues caused the judiciary to extend the trial to the entire fourth floor and …

Society

Five arrested after yelling in store linked to 47 democrats case

  • By: KOO Chi Tung 顧知桐Edited by: Yu Yin WONG
  • 2023-02-07

Police arrested five men over the past 48 hours for alleged disorderly behaviour at the Mong Kok branch of AboutThai grocery store. The chain store was founded by Mike Lam, one of 47 defendants currently being tried for a national security law case. The five, aged 14 to 28 years, were taken away by police on Monday night and early Tuesday morning in Kwai Chung, Kowloon City, and Hung Hom.  Staff at AbouThai told police that the five were yelling and harassing customers last Friday and two of them returned on Sunday. An online video shows one entering an AbouThai store and yelling Mike Lam King-nam’s name. “Lam King-nam, come out! Where are you, betrayer?”, the man in the video said.  Lam was charged in February 2021 with 46 other pro-democracy activists under the national security law after he stood for election in an unofficial 2020 Hong Kong pro-democracy primaries.  He pleaded guilty on Monday and has agreed to be a prosecution witness at the West Kowloon Magistrates Court.  Some businesses which claimed to be on the pro-democratic side announced that they would no longer trade with AbouThai.  “MeeApp”, an application which provides rewards for people spending at “pro-democratic” stores and restaurants, announced on their Facebook page on Monday that they would remove AbouThai from their platform.  “AbouThai is one of the most popular businesses on the platform and Mee purchased their vouchers with money for members to redeem. We have spent tens of thousands of dollars,” the statement reads. “As fellows, we could understand each other’s hardships and circumstances.” “However, this should not include pointing your knife at fellows as it is the foundation for being ‘fellows’.” Chapman To, a Hong Kong actor with a food importing business, said on Facebook that he won’t be selling his products at …

Politics

Hong Kong stock market plunges as Sino-US tension rises

  • By: Yixin Gao、Kin Hou POONEdited by: Bella Ding、Mei Ching LEE、Zimo ZHONG
  • 2023-02-06

Hong Kong stocks slumped on Monday amid growing concerns over the spy balloon incident between China and the US and the bet on Chinese full border reopening. The Hang Seng Index opened 311 points lower this morning and dropped 2.1% to 21,222 at the close of Monday trading with a HK$136.02 billion turnover. The Hang Seng Technology Index went down by 3.7%. The Hang Seng China Enterprises Index dipped by 2.7%. A US military fighter jet shot down a suspected Chinese spy balloon on Saturday, while the Chinese government said it was a stray civilian airship blown off course. “The Hang Seng Index had been rising since November last year, once up over 8,000 points. Therefore, the market is sensitive to adverse news. Friday's incident about China's ‘spy balloon’ made investors feel uneasy, leading to a fall in today’s stock market,” said Sam Chi-yung, Strategist at Patrons Securities limited.  Bilibili(09626) decreased by 5.4% to HK$186.6. Meituan(03690) dropped 5% to HK$164.1. Tencent(00700) slid 2.1% to HK$376.8. Southbound Stock Connect trading funds, however, bucked the trend, buying a net of nearly HK$2 billion for the day. The Chinese authorities announced on Feb. 3 that mainland China would fully reopen the borders with Hong Kong and Macau from today. The travel and tourism industry performed a 0.5% increase under the overall negative performance of the stock market, according to AASTOCK. Feiyang Group(01901) increased by 10.1% to HK$1.31. Guangdong Nan Yue Logistics Company Limited(03399) went up 5.5% to HK$1.15. Global MasterMind Securities Limited(08063) rose 4.6% to HK$0.068. “There will be more opportunities for both personal and corporate business travel. With relatively weak business operating dynamics in the previous three years affected by COVID-19, the industry should see a more pronounced upturn in the future,” said Harris Wan Kong-sing, Vice President of iFast Global Market.

Society

HK-Mainland border fully reopens on Monday

  • By: Yuhan WANG、Yuqi CHUEdited by: Chengqi MO、Ming Min AW YONG
  • 2023-02-04

Revised on 5/2/2023 All travel restrictions between Hong Kong and mainland China will be lifted from Monday, Chief Executive John Lee Ka-chiu announced today. There will be no more quota limits and PCR tests.  Crossing points at Lo Wu, Heung Yuen Wai, and Huanggang will be back in service  after three years of Covid restrictions. “Hong Kong’s economic activities will be promoted with the increased travellers and cultural exchange,” said Lee.  Hong Kong's GDP has declined by 3.5% year on year between 2021 and 2022 according to the Census and Statistics Department.  “Since the border shutdown in 2019, passenger flow at our store has been reduced by two-thirds,” said Irene So, a  promoter at a branch of  Watsons in Sheung Shui, a business district near the Lo Wu and Lok Ma Chau border crossing.  “It may take a month to recover,” she added, “but the situation will finally get better and better.” Nancy Meng, the owner of a currency exchange store in Sheung Shui, said that during the past three years of the pandemic, there has almost been no renminbi to exchange. That has heavily affected her business. “I was at a loss,” she said. Meng has seen a gradual recovery in her business since border policies began to ease last month.“I decided to renovate the store for future business,” she said.  Marine Sun moved her cosmetics store to Sheung Shui three months ago. She is also busy preparing for the reopening by putting up signs and plaques to attract new passengers next week. “Not only our store, but also the whole business district is looking forward to the reopening,” she said. Daniel Cai, 22, was a cross-border high school student before the Covid shutdown. He moved to Hong Kong to study at a local university. He doubts if life …

Society

“World’s Biggest Welcome Gift” aims to lure back tourists

  • By: Junzhe JIANG、Juncong SHUAIEdited by: Ming Min AW YONG、Dhuha AL-ZAIDI
  • 2023-02-04

Chief executive John Lee Ka-chiu launched the   “Hello Hong Kong” campaign today in an effort to boost the city’s economy after the pandemic. The HK$2 billion scheme offers at least 700,000 free airline tickets to overseas visitors as well as local people. Speaking in a press conference, Airport Authority CEO, Fred Lam Tin-fuk said the “World of Winners” airline tickets giveaway will begin in March. It will first target Southeast Asia, followed by Mainland China in April and then other parts of the world afterwards.  Most of the tickets will be given away in phases by the three Hong Kong based airlines, Cathay Pacific Airways, Hong Kong Express and Hong Kong Airlines through promotions such as “Buy one, get one” and lucky draws. Lam said he expects each visitor to bring two to three companions,  attracting up to 1.5 million visitors to the city between March and September.  Visitors staying in Hong Kong for less than 90 days will be offered a “Hong Kong Goodies” bag which will include complimentary drinks coupons worth, cash vouchers and exclusive gifts at local attractions and museums. The “Hello Hong Kong” campaign will also include cultural and sports activities.  “It takes time to recover. It’s impossible to say that Hong Kong will resume the capacity of holding those events to the level of 2018 and 2019 in one day,” said Kevin Yeung, Secretary for Culture, Sports and Tourism. Zhao Yihan, 20, a university student in mainland China wishes to visit Hong Kong through “Hello Hong Kong”. “The flight ticket is a big cost for me, but the campaign may give me the chance to visit Hong Kong for free,” Zhao said. Sarah Emiliana, 22, a Singaporean university student, said a free plane ticket would "really help to reduce the cost of travelling". Even …

Society

Glamorisation of Western beauty neglects Asian women, impacts self-esteem

  • By: Dhuha AL-ZAIDIEdited by: Ming Min AW YONG
  • 2023-02-03

Nearly six years ago in Hong Kong, Wan Yee Man, then 17, put on a black dress with rose embroidery detail paired with trending fishnet tights that flaunted her curvy figure. Feeling confident and comfortable, she uploaded a picture on Instagram to promote body positivity, reminding her followers that despite not being “skinny”, she will wear what she wants and that they should too.   Instead of receiving the expected affirming comments, she was met with hate, with a particular classmate commenting, “If she cares, why not just take some time to lose weight? It’s more practical anyway.”    Ping! Her phone notified her of another comment. “I wanted to report as soon as I saw it,” it read. “Agree,” said another, followed by laughing emojis from one more.   East Asian beauty standards have admired fair skin and a petite build for centuries. However, in Hong Kong, which prides itself on an “East-meets-West” philosophy, some women, like Wan, are finding the preference for typically Eurocentric features detrimental to their self-esteem.    Western media, historically with blond, thin and tall women, has shaped local beauty standards. “When a Hong Kong girl is of mixed race, especially if she's Asian and white, Hong Kongers will consider her features very pretty,” Wan said.  This desire to conform to the traditional “ideal” woman has impacted Wan’s self-esteem, causing her to constantly question her appearance and even stop posting online for a while. However, her advocacy for self-acceptance is far from over. “Now, I say fuck it. I don't have to care what people think, I love myself,” she said.   She hopes that Hong Kong will become more accepting toward different body types. “I really want girls to love themselves. Stop saying, ‘I want to lose weight’. If you want to, do it for yourself, not for the …

Society

Cross-border students back to school after mainland borders reopen

  • By: Runqing LI、Yi Yin CHOWEdited by: Dhuha AL-ZAIDI、Ming Min AW YONG
  • 2023-02-02

Students at Fung Kai No.1 Primary School in Sheung Shui joined a ceremony this morning to welcome the return of cross-border classmates. It’s the first time in three years that students from Shenzhen are back in school. COVID-19 travel restrictions between Hong Kong and mainland China meant the children have been learning online. Today’s event began with the raising of the national flag, followed by Chinese Culture Day festivities as part of the Lunar New Year celebrations. Principal Chu Wai-Lam said in his speech that he was excited to greet the students again after three years. “Although it was impossible, I really wanted to give them a hug when I saw them back,” he said. Cross-border students must provide a negative PCR test every 48 hours and book a quota to depart every day. Wang Tiancheng, 11, lives in Shenzhen. “I feel very excited and a little bit nervous to see my classmates,” he said. Rigid quarantine policies meant he was not able to visit his friends during the pandemic. Bu Jingna, who sent her two children to Fung Kai No.1 Primary School, said they are happy to return to Hong Kong. “My children studied online for three years in Shenzhen, so once we had the opportunity to return to Hong Kong, we came back immediately,” she said. Principal Chu hopes that the optimism shared amongst parents and school children today will encourage more students to return in the near future. “We hope our support could give them a normal school life as soon as possible,” he said.

Business

HSI retreats from 11-month-high as mainland stock market resumes

  • By: Lok Yi CHU、Ho Yi CHEUNGEdited by: Nga Ying LAU、Bella Ding
  • 2023-01-31

    Hong Kong stocks pulled back on the third trading day of the Year of the Rabbit, also the settlement date of HSI futures, after a week-long Lunar New Year break in mainland China. The Hang Seng Index opened 109 points lower this morning and dipped 2.7 percent, or 619 points, to 22,069.73 at the close of Monday trading, with a turnover of 203.25 billion. “The Hang Seng Index will experience profit-taking after hitting an 11-month-high, also the futures index is settled on today, which caused market fluctuations,” wrote Sam Chi-Yung, a Certified Financial Consultant of Patrons Securities, on Facebook.   CRIC Securities Company Limited announced yesterday that the transaction volume of mainland real estate during the Lunar New Year fell by 14 percent year-on-year, leading to weakness in mainland real estate stocks. Country Garden (2007) slumped 8.3 percent to HK$2.97 while Longfor Group (0960) declined 5.7 percent to HK$26.60. The Hang Seng Mainland China Property Index overall downed 4.7 percent. Property management stocks fell correspondingly. Country Garden Services (6098) slid 5.92% to close at HK$21.45. The Hang Seng Technology Index dropped 4.8 percent amid profit-taking after two consecutive days of rising.  Alibaba Health Information Technology Ltd. (0241) sank 8.0 percent to HK$7.05, while Alibaba (9988) and Tencent Holdings Ltd. (0700) dropped 7.1 percent to HK$109.00 and 6.7 percent to HK$387.20 respectively. The Hang Seng China Enterprises Index decreased by 3.6 percent. Mainland enterprise stocks Haidilao (6862) and Sands China Limited (1928) decreased by 6.85 percent at HK$21.75 and 5.56 percent at HK$28.85 respectively. The blue chips backed the stock market. A CICC research report, based on the data provided by Informa Financial Intelligence Company EPFR, revealed that overall net inflows of the overseas active funds into Hong Kong Stock market have been recorded for three consecutive weeks as …

Business

Chinese cross-border investors suffer losses as Futubull and Tiger Brokers face corrective measures

  • By: Jiaxing Li、Lok Yi CHUEdited by: Bella Ding、Yuhe WANG、Le Ha NGUYEN
  • 2023-01-28

Investors in China have been in a weak market sentiment since China’s securities regulator ordered the two major online brokerages Futubull and UP Fintech, also known as Tiger Brokers in Asia, to rectify their business last month. Futu Holding Limited and UP Fintech Holding Limited have conducted cross-border securities businesses involving domestic investors without regulatory consent and will be banned from opening new accounts and soliciting new clients, said China Securities Regulatory Commission in a statement on Dec 30, 2022. Existing Chinese investors can still trade via the brokerages but additional fund transfers through unlawful channels to their accounts will be banned. “The sudden regulation brought uncertainty to my wealth, and I therefore chose to move my funds and not to use these two platforms anymore,” said Allen Liu, a two-year user of Futubull and Tiger Brokers, adding that the government action affected his investment portfolio and caused some losses. Ge Chenming, a cross-border securities investor on Futubull and UP Fintech, said that he suffered a sudden loss of CN¥160,000 (about HK$185,000) because of the fall in the US and platform stocks after the regulation. “After the shut-down of these platforms, I have had difficulties buying US stocks because my English is poor and foreign platforms are hard for me to understand, ” Ge added. Shares of Futu and UP Fintech, both listed on Nasdaq, slumped around 30% to a one-month low at US$37.84 (HK$296) and US$3.20 (HK$25), respectively, one day after the announcement of CSRS. As of 26 Jan, the prices of Futu and UP Fintech have increased by more than 44% and 31% year-to-date, though both prices are still below the levels before the regulation. CSRC said it was illegal for Futubull and Tiger Brokers to provide investors with overseas stock speculation services, including stock trading on Hong …