Hong Kong Today
Description:
RTHK's morning news programme. Weekdays 6:30 - 8:00
Presenter:
Ben Tse and Janice Lo2024-10-09
Wednesday
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Selected audio segments:
Hong Kong stocks suffer worst day in 16 years Listen
Hong Kong stocks plunged on Tuesday in their worst performance in 16 years. The Hang Seng Index closed 9.4 percent lower - after falling as much as 10 percent at one stage - with mainland developers taking the biggest hit. Turnover was a record HK$620 billion. On the mainland, stock markets hit two-year highs in early trading after the Golden Week break but the momentum did not hold. The Shanghai Composite closed 4.6 percent higher while the CSI-300 jumped almost six percent. Both had gained more than 10 percent earlier. Market turnover reached a record 3.5 trillion yuan. Andrew Sullivan, Founder of Asian Market Sense, said traders used the Hang Seng Index as a proxy for what was going to happen on the mainland when markets reopened:
China's anticipated economic briefing disappoints Listen
Local shares have soared in the past two weeks since Beijing released wide-ranging stimulus measures. But investors took profit after a widely-anticipated briefing by Beijing's economic policymakers on Tuesday apparently disappointed the market. Analysts said few specific details were provided, although China's top economic planners expressed full confidence in achieving the country's growth target for this year. Janice Lo reports:
'More stimulus measures needed to boost confidence' Listen
A senior economist at Natixis says more stimulus measures have to be rolled out to boost market confidence. Gary Ng said he expected to see further signs of stabilising, such as in consumption and real estate. He spoke to Janice Lo:
Missing hiker found dead near Tuen Mun Listen
A 67-year-old man has died while out hiking near Tuen Mun. The man was reported missing on Sunday and later found near Tsing Tai Stream on Tuesday morning. He was sent by helicopter to the headquarters of the Government Flying Service in Chek Lap Kok, where he was certified dead. Veteran hiker Chung Kin-man spoke to Vanessa Cheng about the dangers of hiking alone, especially during hot weather:
CRCare chain to shut all HK branches next month Listen
A chain that specialises in health products and services is closing all its Hong Kong branches next month. As Natale Ching reports, CRCare cited operational challenges as the reason:
5.5 million land border crossings recorded for Golden Week Listen
Security minister Chris Tang says some 5.5 million arrivals and departures were recorded at land crossings during the mainland's recent Golden Week holiday. Damon Pang reports:
CE vows to boost financial market access within GBA Listen
Chief Executive John Lee has vowed to work with authorities across the border to enhance measures facilitating mutual access between financial markets on the mainland and in Hong Kong. Frank Yung reports:
HK to announce policy on responsible use of AI Listen
The government is set to announce a policy statement for responsible use of artificial intelligence in the financial services sector at the upcoming Hong Kong FinTech Week later this month. This was revealed by the Secretary for Financial Services and the Treasury, Christopher Hui, who said the statement would further explain the government's stance. The five-day event will gather the most influential technology leaders, policymakers and investors from around the world to discuss the evolving fintech landscape. King Leung, the Global Head of Financial Services from InvestHK, told Kimmy Lau about the significance of hosting such an event:
Anson Kong scoops award at Busan film festival Listen
The government has congratulated actor and singer, Anson Kong, for winning an award at this year's Busan International Film Festival. As Aaron Tam reports, officials called the accolade a thrilling accomplishment:
Beijing hits EU with temporary brandy tax Listen
Beijing has imposed temporary anti-dumping measures on brandy imports from the European Union, hitting brands from Hennessy to Remy Martin. As Natale Ching reports, it comes after the EU went ahead with tariffs on Chinese-made electric vehicles:
South Koreans protest over dog meat ban Listen
Hundreds of South Koreans have called for better compensation as the government plans to ban the eating and selling of dog meat. As Jamie Clarke reports, members of the dog meat industry gathered in front of the presidential palace in Seoul to protest against the banning of a centuries-old tradition:
US presidential contenders court Asian-American vote Listen
With less than four weeks to go until the US presidential election, polls continue to show a race that remains on a knife edge. National polls from a variety of sources show Vice President Kamala Harris with a narrow lead over former President Donald Trump. With a race that is too close to call, the two contenders are courting one part of the population that in recent years has been the fastest-growing group of eligible voters in the US. RTHK's San Francisco correspondent, Mark Niu, has details:
Israel says it killed slain Hezbollah leader's successors Listen
Israel says it has killed the would-be successor of late Hezbollah leader Hassan Nasrallah. The claim came as the Israeli military announced on Tuesday that it had begun ground operations in southwest Lebanon, extending its incursions to a new zone. Jamie Clarke reports:
Cricket Sixes returns with expanded format Listen
Hong Kong will host the Cricket Sixes tournament at the start of next month, as the event makes a return after a seven-year absence. The games, sanctioned by the International Cricket Council, has an expanded format and will take place over three days with 12 teams. It begins on November 1 at the Tin Kwong Road Cricket Ground. Organised by Cricket Hong Kong, Ravi Nagdev - the group's Head of Operations - told Janice Lo that the event had already generated excitement overseas and they expected a full house:
London art fair hopes to redress gender imbalance Listen
A fair opening in London on Wednesday is looking to address the gender imbalance in the arts world by giving women artists their own platform. At the current rate of growth, women’s total sales in the auction market will not approach 50 percent until the year 2053. That is one of the things the four-day Women in Art Fair wants to change, as Jamie Clarke reports:
Teletubbies return with world art tour Listen
The Teletubbies are back - but not on TV. Instead, the multicoloured quartet is spreading their message of joy and inclusivity through a travelling international art project. The show is called The House of Teletubbies: Art Takeover. Last month, an art gallery in London was transformed into a celebration of Tinky Winky, Dipsy, Laa-Laa and Po. Jacqueline Guico reports: