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A former senior Hong Kong prosecutor has lost a judicial challenge against his dismissal over remarks made in two emails questioning the integrity of police and inviting colleagues to attend a June 4 Tiananmen Square vigil. In a judgment delivered on Tuesday, the High Court ruled that the civil service had sufficient basis to sack William Wong Wa-fun and strip him of 26 years’ worth of pension entitlements for violating the standards of conduct expected of a public servant. Mr Justice Russell [...]

A former Hong Kong lawmaker who previously headed the city’s largest, now-defunct opposition party has been released from prison after completing his sentence in a landmark subversion case. Wu Chi-wai, former chairman of the Democratic Party, which dissolved last year, was released from Stanley Prison on Tuesday morning. He boarded a seven-seater car that took him to Fung Tak Estate in Diamond Hill. Dressed in a white shirt, he alighted with two bags of personal belongings and did not take [...]

Hongkongers have snapped up the first batches of free tickets to visit two PLA naval ships within minutes of their release for a weekend port call in the city. A South China Morning Post reporter observed that the initial batch was gone within four minutes after being released at 10am on Tuesday. The second round of tickets, released at 3pm, were all snatched up in six minutes. On Monday, China’s Ministry of National Defence said a People’s Liberation Army naval task group would visit Hong Kong [...]

The world’s largest buyer of biopharmaceutical royalties has set up its first Asia-Pacific base in Hong Kong, joining a string of multinational corporations in the pharmaceutical sector establishing offices in the city as out-licensing deals by mainland Chinese biotechnology firms hit record highs. Royalty financing gives drug developers an alternative way to raise capital even as US investment restrictions loom, according to an expert. “Chinese biotech firms would need royalty financing as an [...]

Hong Kong has surrendered its IPO fundraising crown to Nasdaq following SpaceX’s blockbuster listing earlier this month, but it did so while seeing its IPO proceeds register a year-on-year rise of about 84 per cent in the first half of 2026 – consolidating the region’s position as a primary offshore financial hub for Chinese issuers. A total of 83 companies raised US$26.42 billion on the Hong Kong stock exchange’s main board from January to June, according to LSEG Data & Analytics. The figure, [...]