Current Events in Hong Kong: Weather, Financial News, and More

2024-01-19 00:31:04

morning! Today is Friday, January 19, 2024. It is forecast that the weather in Hong Kong will be generally sunny today and warm during the day, with the maximum temperature being about 25 degrees. It will become cloudy later. The wind is moderate and easterly.

The police recently arrested four directors of the Zhengsheng Society and wanted three out-of-Hong Kong directors, including Chen Zhaozhuo, the principal of Zhengsheng College. They were suspected of making false statements and conspiracy to defraud, involving a total amount of NT$50 million. The police pointed out that the principal of Zhengsheng College once claimed that the school was in financial difficulty and solicited donations from outside. However, after investigation, it was found that the donations were not used for educational purposes. Instead, a large amount was transferred out of Hong Kong and even transferred to the director’s private account. The police severely condemned people who used false statements to induce the public to donate and then misappropriated the money, saying they would investigate whether anyone used the donations to line their own pockets. The three directors of the Zhengsheng Society wanted by the police include Chen Siu-chiu, principal of Zhengsheng College, Lin Heisheng, supervisor of Zhengsheng College, and Chen Youzhi, director of Zhengsheng Society. As for the Zhengsheng College under the Zhengsheng Society, it is still in operation. “Yahoo News” has made inquiries to Chen Zhaozhuo and is awaiting a reply.

Zhengsheng College has also been involved in accounting scandals in the past. In 2009, it was once investigated by the Independent Commission Against Corruption, but no corruption or irregularities were found. Chan Siu-cheok, the wanted principal of Zhengsheng College, founded the “Christian Zhengsheng Association (UK)” in the UK in recent years, claiming that the organization was to support Hong Kong immigrants to the UK.

The Hong Kong Arts Development Council has decided to deduct the Hong Kong Drama Awards election and award ceremony funding on the grounds that the content of the previous award ceremony caused damage to the bureau’s reputation, and will not grant funding for the next one. The Hong Kong Arts Development Council further explained today (18th) that the Hong Kong Drama Association invited current affairs cartoonist Zunzi and former RTHK reporter Cai Yuling as award presenters last time, and the two people on stage used “Red Bridge” and “Red Line” as the topics. I think it’s “meaningful and full of puns.”

United Hospital announced a medical risk warning incident. A 55-year-old male patient suffering from myeloma was found unconscious yesterday afternoon with his neck wrapped around the shoulder strap of a sling bag. The medical staff immediately removed the shoulder strap and rescued the patient, immediately called the police and notified the patient’s family. The patient later died.

Next Media founder Jimmy Lai and three companies related to “Apple Daily” were charged with “conspiracy to collude with foreign forces” and other crimes. The case began on Thursday (18th) at the West Kowloon Magistrates’ Court (Provisional High Court) for the 12th day During the trial, the prosecution’s “accomplice witness” and former CEO of Next Media, Zhang Jianhong, continued to give evidence. Zhang Jianhong testified that when “Apple” launched the English version in 2020, Jimmy Lai once said that he hoped that the English version “will go to the United States and American readers will become a lever for “Apple” and American politics.” He also said that Li asked the article to be “yellow” and the content Don’t be “pro-China” when it comes to resistance, reversal of power, and sanctions. The case resumes today.

King Charles III of England will be admitted to hospital next week for corrective surgery for prostatic hyperplasia. Queen Camilla said during a visit to Scotland on Thursday that Charles was doing well, thanked everyone for their concern and looked forward to returning to work. In addition, Crown Prince William drove to a hospital in London on the same day to visit his wife, Princess Kate, who had completed abdominal surgery. The BBC reported that it was understood that Kate’s condition was not related to cancer and was a planned surgery, not an emergency.

【Today’s key news】

Yahoo News: Police arrest 4 directors of Zhengsheng Association for conspiracy to defraud 50 million, moving funds more than 300 times in four years. 3 people including Chen Zhaozhuo, the principal of Zhengsheng College, are wanted|Yahoo

Yahoo News: Ching Sang Association involved in fraud | Ching Sang College was investigated by the ICAC 15 years ago. In recent years, the principal established the British Ching Sang Association and said it supports immigrants to Hong Kong | Yahoo

Yahoo News: Blocking the Drama Award︱The Arts Development Council named the previous hosts Zunzi and Cai Yuling and denounced the use of red bridges and red lines as topics as unacceptable︱Yahoo

RTHK: A patient at United Hospital died after his neck was entangled by the shoulder strap of a sling bag. The hospital said it was cooperating with the police investigation.

Court Line: 12th Day of Trial of Jimmy Lai Case | Zhang Jianhong: Li hopes that the English version of “Apple” will be “yellow” when it comes to the United States

Radio Hong Kong: The Queen of England said that Charles III was in good condition and Crown Prince William visited his wife Kate in the hospital.

The police arrested four directors of the Zhengsheng Association for conspiring to defraud 50 million. They moved funds more than 300 times in four years. The principal of Zhengsheng College, Chen Zhaozhuo, and three others are wanted | Yahoo

Ching Sang Association involved in fraud | Ching Sang College was investigated by the ICAC 15 years ago. In recent years, the principal established the British Ching Sang Association and said it supports immigrants to Hong Kong | Yahoo

Blocking the Drama Award︱The Arts Development Council named previous hosts Zunzi and Cai Yuling and denounced the use of red bridges and red lines as topics as unacceptable︱Yahoo

A patient at United Hospital died after his neck was entangled by the shoulder strap of a sling bag. The hospital said it was cooperating with the police investigation.

The 12th day of the trial of Jimmy Lai’s case | Zhang Jianhong: Li hopes that the English version of “Apple” will be “yellow” when it comes to the United States

Queen Elizabeth says Charles III is doing well and Crown Prince William visits wife Kate in hospital

In terms of finance, Morgan Stanley issued a report predicting that property prices in Hong Kong will fall by 10% this year and return to the level of August 2016. Morgan Stanley believes that it will take some time for U.S. interest rate cuts to benefit the Hong Kong residential market. The actual mortgage interest rate is likely to remain at about 4% this year, resulting in negative interest rate spreads and harming end-user and investment demand.

The performance of Hong Kong’s Mandatory Provident Fund was weak in the first half of this year. According to data from the Mandatory Provident Fund Consulting Company GUM, as of January 15, the overall average return of the Mandatory Provident Fund fell by 1.3%, with an average book loss of NT$3,184 per person.

Entering 2024, the era of high interest rates seems to be entering its final stage. Everyone is rushing to catch the last train of “high interest rates”. Going to banks to make time deposits has become the main way for retail investors to seek higher returns. In addition, many banks “High-interest current accounts” have also been launched to attract funds, and some interest rates “seem” to be more attractive than time deposit interest rates. Which “time deposit” returns are higher, or “high-interest current deposit” earns more interest? “Yahoo Finance” “Actuarial Life” will calculate the results with you this time and compare the returns and advantages of the two!

[Today’s key financial news]

Hong Kong Economic News: Morgan Stanley estimates property prices to fall by 10%, while actual mortgage rates remain at 4%

Hong Kong Economic Journal: MPF lost an average of NT$3,184 per capita in the first half of the month

Yahoo Finance: Actuarial Life|High-interest current returns are actually higher than regular returns

Morgan Stanley estimates property prices to fall by 10% and actual mortgage rates to remain at 4%

The average MPF loss per capita in the first half of the month was NT$3,184

Actuarial Life|High-interest current returns are actually higher than regular returns

In terms of entertainment, the unsuccessful Miss Hong Kong Miss Kwok Pei-wen (Juliana) was stopped in the top five of the “2023 Miss Hong Kong Pageant”, but she was originally spotted by TVB. She was assigned to “Forensic Pioneer 6: Survivor’s Redemption” less than 2 months after competing. “The crew is the fastest among the recent Hong Kong Misses to film dramas, and she is even more favored than the Miss Hong Kong Champion Zhuang Zixuan. Although he is on the rise and his popularity is increasing day by day, he does not hesitate to show off his good figure, and he often gives out generous benefits on social platforms. For example, he recently uploaded a three-point swim photo to share with netizens.

Known as the “Giant Lung of the Universe”, Deng Ziqi (GEM) has concentrated on developing in the mainland in recent years. Her popularity has always been high, and her singing skills are even more recognized. He started the “I AM GLORIA” world tour concert in December last year and has completed stops in Guangzhou, Nanning and Shenzhen, and will later go to other mainland cities and even around the world. However, a few days ago, GEM’s former management company “Hummingbird Entertainment” suddenly uploaded a copyright statement on social networking sites, and also listed a list of more than 100 songs, stating that “without the permission of our company, any unit or individual is prohibited from using the musical works listed below as covers. , reproduction, performance, Internet dissemination and other commercial purposes.” After the copyright statement was exposed, many netizens were dissatisfied with Hummingbird Entertainment and left messages to make a fuss, thinking that the company “is really ugly”.

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[Today’s key entertainment news]

Yahoo entertainment industry: Wireless new microphone god Guo Peiwen also sent a three-point swimsuit to show off his perfect figure. Netizens: The most dangerous weapon in the world

Yahoo Entertainment: GEM Deng Ziqi’s former company issued a statement stating that it owned the copyright of 100 songs and banned performances and commercial uses. Netizens: It’s really ugly to eat photos.

Wireless new microphone god Guo Peiwen also sent a three-point swimsuit to show off his perfect figure. Netizens: The most dangerous weapon in the world

GEM Deng Ziqi’s former company issued a statement stating that it owns the copyright of 100 songs and prohibits performances and commercial uses. Netizens: It’s really ugly to eat photos.

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