Lam Ka-sing

Reporter at South China Morning Post

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Articles

Hong Kong’s consumer watchdog finds 27.4% gap in air con energy efficiency

1 week ago | scmp.com | Lam Ka-sing

A Hong Kong consumer watchdog study has found that energy efficiencies for split-type air conditioners can vary up to 27.4 per cent, prompting a call for authorities to upgrade the standards for granting energy labelling. A split-type air conditioner is a cooling system commonly adopted in residential buildings and consists of indoor and outdoor units, according to the Electrical and Mechanical Services Department.
How Trump’s tariffs are forcing mainland, Hong Kong firms to rethink plans

1 week ago | thestar.com.my | Lam Ka-sing

Chinese battery producer Leoch International Technology has been pressing ahead with the first instalment of its US$200 million factory in Mexico before a June launch, with the Hong Kong-listed firm just one of many getting to grips with unpredictable US tariff policies. Executive director and chief investment officer Helen Hong Yu said the company originally chose the country because of its tariff-free status under the United States-Mexico-Canada Agreement and its proximity to the US.
How Trump’s tariffs are forcing mainland, Hong Kong firms to rethink plans

1 week ago | scmp.com | Lam Ka-sing

Chinese battery producer Leoch International Technology has been pressing ahead with the first instalment of its US$200 million factory in Mexico before a June launch, with the Hong Kong-listed firm just one of many getting to grips with unpredictable US tariff policies. Executive director and chief investment officer Helen Hong Yu said the company originally chose the country because of its tariff-free status under the United States-Mexico-Canada Agreement and its proximity to the US.
How Trump’s tariffs are forcing mainland, Hong Kong firms to rethink plans

1 week ago | msn.com | Lam Ka-sing

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‘Unfortunate’: Hong Kong caught in middle of Trump tariffs, AmCham says

1 week ago | scmp.com | Lam Ka-sing

Hong Kong is in the “unfortunate” position of being caught in the crossfire of US President Donald Trump’s tariff policies, the American Chamber of Commerce in the city has said. The influential business group said on Monday that it supported the Hong Kong government’s stance that the city was a separate customs entity distinct from mainland China, its first comments since the announcement of the “reciprocal” tariffs rattled global markets.
Quake fears drive some Hong Kong tourists away from Asian cities: industry leader

1 week ago | scmp.com | Lam Ka-sing

Concerns over earthquakes have contributed to a decline in the number of Hong Kong residents joining tour groups to some popular Asian destinations this Easter, despite prices falling by as much as 15 per cent over last year’s level, one of the city’s largest travel agents has said.
Hong Kong to boost efforts to lure investment, talent in light of US tariffs

1 week ago | scmp.com | Lam Ka-sing

Hong Kong will increase the pace of attracting foreign investment, talent and initial public offerings (IPOs) and step up scrutiny of financial markets amid sweeping external changes including the US’ so-called reciprocal tariffs, the finance chief has said.
Hong Kong police arrest 139 linked to fraud syndicates, ‘mule accounts’

1 week ago | thestar.com.my | Lam Ka-sing

Hong Kong police have arrested 139 people in connection with fraud syndicates running investment, dating and shopping scams, among other activities, that resulted in losses of more than HK$130 million (US$16.8 million). The force said on Friday that the largest financial loss in a single case linked to the recent arrests was a local businesswoman in her fifties who lost HK$33 million after being tricked into making 40 transfers to “mule accounts”.
Hong Kong police arrest 139 linked to fraud syndicates, ‘mule accounts’

1 week ago | scmp.com | Lam Ka-sing

Hong Kong police have arrested 139 people in connection with fraud syndicates running investment, dating and shopping scams, among other activities, that resulted in losses of more than HK$130 million (US$16.8 million). The force said on Friday that the largest financial loss in a single case linked to the recent arrests was a local businesswoman in her fifties who lost HK$33 million after being tricked into making 40 transfers to “mule accounts”.
Hong Kong’s Paul Chan warns of market volatility, but holds back on intervention

2 weeks ago | scmp.com | Denise Tsang |Emily Hung |Yulu Ao |Lam Ka-sing

Hong Kong Financial Secretary Paul Chan Mo-po warned of more volatile trading ahead but refrained from intervening in the market after the city’s benchmark Hang Seng Index suffered its steepest fall in decades on Monday amid fears over repercussions of US President Donald Trump’s trade war. While Chan held off from introducing measures, he nevertheless warned that investors should be cautious as “pessimism” enveloped the world.