Hong Kong residents huddled indoors Sunday as strong wind sent debris flying ahead of the arrival of Typhoon Mangkhut, once the world's strongest storm this year before it weakened after slamming into the Philippines.
The Hong Kong economy grew by 4.7 percent over a year earlier in the first quarter of 2018, sustaining the full-fledged upturn in 2017, according to the government of China's Hong Kong Special Administrative Region (HKSAR) on Friday.
The profusion of Western dealers opening galleries in Hong Kong to coincide with the sixth edition of Art Basel in Hong Kong (ABHK) is getting a mixed reception. Some view the arrival of such mega-dealers as Hauser & Wirth and David Zwirner with trepidation, while others see it as a sign that the market is maturing.
The latest reports reveal that the poverty rate in Hong Kong – or the number of households earning less than half the median household income – went up slightly, from 19.75 percent in 2015 to 19.9 percent last year.
Chinese President Xi Jinping warned Saturday that any activities in Hong Kong seen as threatening China’s sovereignty and stability would be “absolutely impermissible,” employing some of his harshest language yet against separatist sentiment in the territory.
Chinese President Xi Jinping has arrived in Hong Kong to mark the 20th anniversary of the former British colony’s handover to China amid unprecedented security measures adopted against potential protests in the city.