HONG KONG

JOHANNES EISELE

Tents thin out at LOHAS Park interchange — but where have they gone?

The number of tents at the public transport interchange at LOHAS Park station in Tseung Kwan O has fallen significantly since July, but some domestic helpers have moved to less conspicuous locations. A lawmaker has suggested providing indoor or outdoor rest areas, though no implementation timetable has been set.
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Swire Pacific Slashes Cathay Stake to 39.15% in HK$4.8bn Sale

Swire Pacific sold 362.65 million Cathay Pacific shares, reducing its stake to 39.15% and raising HK$4.79 billion. The sale aligns with Swire's bond repurchase strategy, maintaining its position as Cathay's largest shareholder.
Shein Shares Fall Another 5% to HK$46 in Second Session

Shein Shares Fall Another 5% to HK$46 in Second Session

Shein's shares fell 5% on the Hong Kong Stock Exchange, reflecting investor concerns over growth and profitability, despite stabilisation measures. The IPO raised HK$13.6 billion, valuing the company at $26.5 billion.

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