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22d06/25

Loss of fugitive transfer deals a ‘pity’ and only helps criminals, Chris Tang says

As Hong Kong marks the 29th anniversary of its return to Chinese rule on July 1, the South China Morning Post talks to the city’s senior officials about the administration’s achievements so far and what may lie ahead. Resuming extradition agreements with some countries is up to the ones that suspended them, Hong Kong’s security chief has said, calling the loss of such transfer deals a “pity” and something that only benefits criminals. Secretary for Security Chris Tang Ping-keung said in an...

unclassifiedchina · asia · usa
22d06/25war-conflict · 2/5

Inside China’s ideological training camp where PLA top brass study Xi’s speeches

Hundreds of China’s top military officials have spent weeks at an unprecedented ideology training camp – studying President Xi Jinping’s speeches, reading corrupt cadres’ confessions and marching in formation – as the anti-corruption drive in the military deepens. The details of the training camp, which concluded last week, were published in the People’s Liberation Army Daily, the military’s official newspaper, on Wednesday. Xi personally decided to launch the exercise, which began on April 8,..

unclassifiedchina · asia
22d06/25

Southbound Stock Connect flows surge to record US$152b driven by Hong Kong’s IPO revival

Southbound Stock Connect flows, through which mainland Chinese investors buy Hong Kong listed shares, hit a record high in the past year, reflecting strong confidence in the city’s market on the back of a booming pipeline of initial public offerings (IPO). In the 12 months to March this year, mainland investors snapped up HK$1.19 trillion (US$151.8 billion) worth of shares in Hong Kong, according to the Securities and Futures Commission’s (SFC) annual report published on Wednesday. Average daily

unclassifiedchina · asia · usa
22d06/25

Malaysian student dies after collapsing during rugby training at school

A Form Two male student died after collapsing during a rugby training session at a secondary school in Telok Mas, Malaysia’s Melaka state. The 14-year-old is believed to have lost consciousness at about 6pm on Wednesday shortly after a break while listening to a briefing by his coach. The victim’s granduncle, Yahya Endut, 64, said he rushed from Alor Gajah after receiving news of the incident involving the teenager, whom he had raised since childhood. “I was informed that the victim had only...

unclassifiedchina · asia · usa
22d06/25

Power of Hong Kong’s new national security regulation must be exercised prudently

The recent enactment of the Safeguarding National Security (Procedural Matters) Regulation has generated significant interest and commentary on Hong Kong’s legal landscape. It is recognised that maintaining national security is of paramount importance and that there is a constitutional responsibility on the Hong Kong Special Administrative Region to do so. Under the Basic Law, that responsibility falls to a large extent on the city’s chief executive. It is also recognised in many common law...

unclassifiedchina · asia · usa
22d06/25coups-regime · 2/5

Hong Kong can take the regulatory high road amid US-China AI decoupling

The market realignment over the past week starkly captures the self-defeating logic of America’s technology containment strategy. The momentum began on June 15, when the shares of Chinese artificial intelligence pioneer Zhipu AI, which trade in Hong Kong under Knowledge Atlas Technology, surged by 48 per cent intraday after it announced the open-source release of its GLM-5.2 foundation model. The rally continued this week, with Zhipu’s shares trading at an intraday high of HK$2,980 (US$380) in..

unclassifiedchina · asia · usa
22d06/25

Chinese boy destroys US$30,000 worth of phones in home fire; dad’s response shocks everyone

A boy in southern China accidentally ignited dozens of mobile phones while playing at home, but his father’s remarkably calm reaction has garnered praise online. The father, surnamed Peng, operates a mobile phone shop in Shenzhen and utilises part of his home as a workshop for storing devices, according to the mainland media outlet First Scene. The fire began when Peng’s five-year-old son noticed sparks from a short-circuiting power strip and, intrigued, used them to ignite a tissue. The flames.

unclassifiedchina · asia
22d06/25

Micron quadruples revenue, +14% after hours.

Revenue: $41.46 billion versus $35.84 billion estimated EPS: $25.11, adjusted, versus $20.78 estimated Gross Margin: Adjusted gross margins hit a record-breaking 84.9%, topping tech leaders like Nvidia and Meta. Data Center Strength: Driven by skyrocketing AI memory demand, data-center sales soared 415% year-over-year to $25 billion (61% of total sales). Guides $49-$51B. +14% AH move. Reddit neva right. submitted by /u/mulletstation [link] [comments]

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22d06/25

‘No limits’ to accountability over Tai Po fire, security chief Chris Tang says

As Hong Kong marks the 29th anniversary of its return to Chinese rule on July 1, the South China Morning Post talks to the city’s senior officials about the administration’s achievements so far and what may lie ahead. Authorities will arrest and prosecute anyone if there is evidence of their wrongdoing in the Tai Po fire tragedy to ensure justice is served without needing the independent committee to become a legal commission of inquiry, Hong Kong’s security chief has vowed. In an exclusive...

unclassifiedchina · asia · usa
22d06/25

Hong Kong Science Fair marks five years of youth innovation

[The content of this article has been produced by our advertising partner.] For five years in a row the Hong Kong Science Fair has worked to build up the talent pipeline that will support scientific discovery and innovation in Hong Kong and across the country. By sparking ideas in children and instilling an entrepreneurial spirit in their formative years, it helps turn young curiosity into real-world solutions that support scientific discovery and innovation. The government is fully committed...

unclassifiedchina · asia · europe
22d06/25

Moving out of mutual funds sanity check

My girlfriend (37) has $240k in proprietary mutual funds through Principal. They’re very conservative and she wants to put that money to work. Here’s our plan: Sell all the mutual funds, transfer that cash to a brokerage account with Fidelity, start maxing her employer 401k for 3 years and use the fidelity brokerage account to offset, start maxing her Roth IRA for 3 years and use the brokerage account to offset, then finally with the remainder brokerage amount DCA into FXAIX and the Fidelity 205

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