Following its successful international debut in Singapore last year, the Shenzhen dance drama “Wing Chun” is gearing up for its second overseas tour, this time in the United Kingdom. The production will grace the stage of London’s renowned Sadler’s Wells Theatre for a series of 12 performances from Friday until September 7. This critically acclaimed...
Foreign Investor Influence Reduced in China’s Stock Market China’s stock exchanges have ceased providing real-time data on foreign investor inflows into onshore equities as of Monday. This move aims to reduce the perceived foreign investor influence on the domestic market. The decision by the Shanghai and Shenzhen exchanges eliminates a key tool used by local...
Since opening in 2020, Liantang checkpoint has processed 30.37 million travelers and 2.31 million vehicles. Initially launched for cargo truck clearance, services at the checkpoint were expanded to passenger and small vehicles in 2023. It has become a vital gateway in the Guangdong-Hong Kong-Macao Greater Bay Area. Border control officers conduct inspections at the Liantang...
Alibaba Dual-Primary Listing Boosts Investor Access Introduction to Alibaba’s Dual-Primary Listing Alibaba Group Holding will switch its listing status in Hong Kong to a dual-primary listing. This strategic move allows mainland China’s 220 million stock investors to invest in the tech giant’s shares. Starting August 28, 2024, Alibaba’s shares will be available through the Stock...
Financial Incentives for Top Enterprises The Qianhai Authority has unveiled a new plan to promote Qianhai headquarters development and the high-quality growth of enterprises within the Qianhai cooperation zone. Under this plan, companies newly listed among the top 500 Chinese enterprises will receive a subsidy of 2 million yuan (approximately $280,800). For those entering the top 500...
China’s Commitment to Property Market Stabilization In response to a recent report criticizing the slow progress in stabilizing China’s property market, housing officials have renewed their focus on fully finished homes. This approach aims to protect homebuyers and rebuild confidence in a struggling sector. At a State Council press conference on Friday, Deputy Housing Minister...
China Allocates 200 Million Yuan for Flood Relief China’s National Development and Reform Commission (NDRC) announced on Thursday the allocation of 200 million yuan from the central budget as China flood relief funds to support disaster relief and restoration efforts in the flood-stricken northeastern provinces of Liaoning and Jilin. To address the damage, the NDRC released China flood...
How Support from a Liver Specialist Helped Hong Kong Teen Win Pokémon Go World Championship A 75-year-old liver specialist has been recognized as a pivotal figure in the success of a Hong Kong teenager who recently became the city’s first world champion in Pokémon Go. Notably, Sam Cheung Lok-hang, the manager of the Hong Kong...
Introduction of Black Myth: Wukong The release of “Black Myth: Wukong,” developed by Shenzhen-based Game Science, quickly became a global sensation. The game attracted over 1 million players within its first hour. Inspired by the Chinese classic Journey to the West, it brings the legendary Monkey King, Sun Wukong, to life. The game captivated a worldwide...
IB Diploma Programme Enforces New Anti-Cheating Measures The International Baccalaureate (IB) Organisation, which oversees the globally recognized IB Diploma Programme, introduced new measures to combat “time zone cheating.” Recent leaks of exam questions online compromised this year’s assessments, raising concerns about fairness. These incidents highlighted issues with academic honesty within the programme. The IB discovered...