DotDotWeekly | HK news highlights from Oct. 27 to Nov. 1
Welcome to DotDotWeekly. Every Friday, we take you on a journey through the latest local news and captivating stories from DotDotNews this week.
Hong Kong Fintech Week 2024 opens with US$2.4 bn invested in 60 startups
During the opening of "Hong Kong Fintech Week 2024" on Oct. 28, Financial Secretary Paul Chan highlighted that this year, 60 Hong Kong startups attracted over US$2.4 billion in investment, significantly boosting the region's fintech development.
Chan discussed Hong Kong's attractiveness citing its openness, freedom, innovative and technological ecosystem, comprehensive financial services, complete business and innovation regulatory framework, and the application scenarios and connectivity offered by the Greater Bay Area and Greater China to bridge China with the world.
He also mentioned that Hong Kong's appeal is expanding to the Middle East, demonstrating its global influence and attractiveness in the fintech sector.
Chan emphasized the vital role of large tech startups, noting their drive for excellence and their vision to make financial services more competitive, inclusive, and accessible. He expressed confidence that the event would showcase many such enterprises and individuals.
About 20 trial events to be arranged gradually to test Kai Tak Sports Park: Eric Chan
Around 20 trial events will be arranged to test the new Kai Tak Sports Park, the Chief Secretary for Administration, Eric Chan Kwok-ki, said at the media session after the first test event on Oct. 27.
In response to the doubt about whether testing one-fifth of the seating capacity here is adequate in reflecting the actual load of the stadium, Chan said that this was the first time the authorities did the test event.
"We start from the small scale, but gradually, as I said, we will arrange around 20 trial events. By that time, we will have increased the number of people to up to 50,000."
Previously, Chan noted that the first test run for the main stadium will be in January of next year.
Two payload specialists from HK and Macao join China's space program
The selection process for the fourth batch of astronaut candidates under the China Manned Space Program was completed earlier this year, with 10 new astronaut trainees officially joining the ranks. This group includes eight spacecraft pilots and two payload specialists—one from Hong Kong and one from Macao.
Lin Xiqiang, the spokesperson for China's manned space program, announced that the two payload specialists from Hong Kong and Macao joined the team on August 8 and have fully integrated into the rigorous astronaut training program. "They have seamlessly integrated into the team, displaying great enthusiasm and maintaining excellent physical and mental states," Lin emphasized.
Snooker star Ronnie O'Sullivan becomes HK resident through talent scheme
The Hong Kong Immigration Department announced on Oct. 31 via social media that renowned snooker player Ronnie O'Sullivan has taken up HK residency through the city's "Quality Migrant Admission Scheme".
Speaking about his decision to move to HK, O'Sullivan expressed admiration for the city's favorable tax system, diverse culinary scene, and rich culture.
Ronnie O'Sullivan "The Rocket" is regarded as one of the most gifted snooker players in history. His fast-paced, fluid style of play has earned him legions of fans and numerous accolades throughout his career, cementing his status as a snooker genius.
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