Buschy HK
Discusses Hong Kong equity news such as Hang Seng Bank privatization.
HK Transfers HK$150bn to Capital Works Fund
The Executive Council on Tuesday approved plans to transfer HK$150 billion from Hong Kong's main financial war chest to a fund supporting capital works, with the government assuring that the move is "an exceptional arrangement".
HK Government to Cut Over 10,000 Jobs by 2027
More than 10,000 posts in the Hong Kong government will be cut by the end of Chief Executive John Lee Ka-chiu’s current term in June 2027, with close to 60% of these deletions being junior roles and about 3% at...
Hong Kong's New 2,400‑Bed Kai Tak Hospital Opens October
Hong Kong’s largest public hospital will open to patients in phases from October, with the new 2,400-bed facility in Kai Tak set to take over the services of Queen Elizabeth Hospital and become a healthcare hub for Kowloon.
Cathay Pacific Slashes Flights Amid Soaring Fuel Costs
Cathay Pacific: • due to jet fuel prices, axing ~2% of CX flights between 16 May and 30 June • mostly regional flights and a small number of Australia, South Asia and South Africa flights • Dubai and Riyadh flights now cancelled...
Philippines Tops Hong Kong’s 2025 International Arrivals
Top 5 international arrival figures into Hong Kong for 2025: 1. The Philippines: 1,347,717 2. US: 1,026,030 3. South Korea: 963,616 4. Japan: 741,860 5. Thailand: 560,681
HK Electric Apologizes After Voltage Dip Traps Lifts
HK Electric has apologised for a voltage dip on Hong Kong Island this morning that lead to up to 100 people being trapped in lifts, and fire alarms ringing out across the island. HK Electric said the interruption was caused by...
Weekday Ferries Cancelled Due to Crew Shortage, Buses Substitute
Park Island Transport Company has announced the temporary cancellation of six weekday ferry services starting from Wednesday, with the routes to be covered by alternative bus arrangements. Services on Saturdays, Sundays, and public holidays will not be affected. The company...
Lawmaker Urges Child‑protection Law Exemptions, Cites Personal Abuse
Lawmaker Junius Ho is one of a number of LegCo members wanting the government to review the new child protection laws, requesting exemptions for teachers and parents. "If I hadn't been beaten by my parents like that, how would I have...
Post Malone Announces Hong Kong Stadium Show – Presale Starts April
Post Malone to perform at Kai Tak Stadium September 16th. Ticket presale: • Artist presale April 24th • HSBC Mastercard & Trip.com April 27th • LiveNation April 29th General ticket sales from April 30th. https://www.livenation.hk/event/post-malone-presents-the-big-stadium-world-tour-hong-kong-tickets-edp1664523
HKIA Adds 12 Biometric E-Channels for ID‑free Clearance
Twelve additional biometric e-Channels began operating at the arrival halls of Hong Kong International Airport on Tuesday, allowing eligible Hong Kong residents to complete clearance procedures without presenting identity documents or a QR code.
Cathay Pacific Limits Power Banks: Two Carry‑On, No In‑Flight Use
With immediate effect, the following applies to all Cathay Pacific flights: • Each customer may carry a maximum of two power banks, which must be packed in carry‑on baggage only. • Use of and recharging power banks onboard is not permitted at...
Google Gemini Overreacts to Tripterhead Gazette Request
Google Gemini got a bit excited when I asked it to create tonight's Tripperhead Gazette cover...
Cathay Pacific Hikes Fuel Surcharge 34%, Reviews Biweekly
Cathay Pacific to raise fuel surcharge again from April 1st, and will review/revise every two weeks. Fuel surcharge to rise by 34%. Via Bloomberg: https://www.bloomberg.com/news/articles/2026-03-26/cathay-raises-fuel-levies-again-to-review-them-every-two-weeks
Google Gemini AI Launches in Hong Kong, Android App Ready
Google Gemini AI is now available in Hong Kong. https://gemini.google.com/app The Gemini phone app is not available in the Hong Kong app stores yet. For Android users, Gemini is available as a digital assistant.
ICAC Charges Five over $90M Estate Renovation Bribery
ICAC has charged five individuals in three cases for allegedly offering bribes to members of incorporated owners and a representative of flat owners in relation to the grand renovation projects of three housing estates with project sums totalling about...
Police Can Demand Phone Passwords only with Court Warrant
Secretary for Security Chris Tang addressed public concerns about a provision granting police the authority to require individuals to provide phone passwords. He stressed that such a power can only be exercised after officers obtain a court warrant for national security-related...
New $2 Concession Fare: Flat Under $10, 20% Over
The revised $2 concession transport fare scheme will begin April 3rd. Under the new model, the old HK$2 flat rate will become $2 for fares under $10, and 20% of the fare for rides over $10.
HK Traffic Deaths Surge 24%, Targeting Pedestrians and Jaywalkers
Hong Kong Police Force: • fatal traffic accidents in 2025: 92, up 24% Y-O-Y • 52 deaths were pedestrians • Launching inattentive driving and jaywalking crackdown March 17th-31st HK01 (Chinese):
Swire Pacific Raises HK$1.79bn, Keeps 45% Cathay Stake
Swire Pacific has sold 153,059,000 shares in Cathay Pacific, with the net proceeds expected to reach HK$1.789 billion. Swire will retain 45.12% ownership of the airline after the sale. HKEX filing: https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0313/2026031300119.pdf
Fuel Surcharge Set to Rise as Jet Fuel Costs Climb
Cathay Chief Customer and Commercial Officer Lavinia Lau: • can expect the fuel surcharge to rise due to increase in price of jet fuel
Ferry Routes Face 12.5% Fare Rise Due to Losses
Assistant Commissioner for Transport Louisa Fung, on the upcoming 12.5% price hike on six island ferry routes: “Both ferry service operators have been struggling financially. Setting aside government subsidies under special assistance measures, the six routes would record a loss of...
Peak Tram Closed March 9‑12; Tower Remains Open
Notice for Peak Tram users and visitors: The Peak Tram service is temporarily suspended from 9th–12th March 2026 for regular maintenance work. The Peak Tower and Sky Terrace 428 will remain open.
Hong Kong IPO Debut: One Rises, Two Plunge
Monday March 9th Hong Kong IPO debuts: • Shenzhen Zhaowei Machinery & Electronics: ⬆️ 4% • Estun Automation: ⬇️ 14% • Alsco Pooling Service: ⬇️ 40%
Harbour Centre Posts $234M Loss, Skips Dividend
Harbour Centre Development Limited 2025 Final Results: • Group loss attributable to equity shareholders amounted to $234 million (2024: $70 million) • Attributable loss to equity shareholders per share was $0.33 (2024: $0.10) • no dividend for the year ended 31 December 2025 https://www1.hkexnews.hk/search/titlesearch.xhtml?lang=en
New World Development Posts 50% Revenue Drop, Loss
New World Development Interim Half Year Report ending Dec 31st, 2025: • revenues recorded a year-on-year decrease of approximately 50% to HK$8,391 million • profit recorded a year-on-year decrease of 25% to HK$5,038 million • loss attributable to shareholders amounted to...
HK Court Issues Global Injunction Over Insider Trading
The Court of First Instance of Hong Kong has granted the Securities and Futures Commission a worldwide interim injunction order in legal proceedings against Mr Chan Ching Wa, a former staff of the Hong Kong Exchange and Clearing Limited (HKEX),...