2025-Nov-04th Today's English News - Learn English
2025-Nov-04th Today's English News - Learn English:
Here's a quick rundown of today's top news in Hong Kong:
1. Fintech Boost 🚀: HKMA unveiled "Fintech 2030" at FinTech Week, aiming to make the city a top global hub with over 40 initiatives under the DART strategy—digital assets, AI, regtech, and talent. Chief Executive Eddie Yue stressed cross-border collaboration for a sustainable ecosystem. This marks a decade of fintech growth, drawing global innovators.
2. Court Rejects Appeal ⚖: A High Court ruled against Tiananmen vigil organizer Chow Hang-tung's bid to quash her national security indictment. The subversion trial, involving the group that commemorated the 1989 crackdown, is set for January 22. Critics like Amnesty say it's suppressing free expression under the broad security law.
3. Economy Picks Up 📈: Hong Kong's GDP grew 3.8% in Q3 2025, fueled by surging exports and strong domestic demand—up from 3.1% last quarter. Officials predict solid growth ahead, supported by global electronics demand and visitor influx. But trade barriers remain a watch point.
4. Digital Assets Push 💰: Regulators announced eased rules and a tokenisation pilot to boost virtual asset trading and liquidity. This fits Hong Kong's drive to lead in fintech, encouraging investment without heavy restrictions. Officials see it as key for market growth amid global competition.
5. Health Alert Alert 🏥: Centre for Health Protection reported a new COVID case—a 45-year-old man from Tsing Yi's Mount Haven estate. Meanwhile, CUHK Medical Centre slashed prices on 1,011 services to draw more patients and build trust. The hospital CEO called it a "business with conscience" move.
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