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Hong Kong former undersecretary for the environment Christine Loh Kung-wai, left, Richard Cullen, center, visiting professor at the University of Hong Kong's Faculty of Law, and Chandran Nair, right, founder and CEO of Global Institute for Tomorrow, talk at the China Daily's webinar "National Security Law and China's Hong Kong" on July 17, 2020. Tony Kwok Man-wai, former deputy commissioner of the Independent Commission Against Corruption, joins them online. [Photo by Edmond Tang/China Daily]

His team moved into an incubation center for innovation established by CMB in Shenzhen last year. The center aims to encourage CMB employees who have creative project ideas to form small project groups across departments and pitch their ideas to the fintech committee of the bank.

Hong Kong's flagship airline Cathay Pacific released a report on Friday on its passenger and cargo volumes in April, showing that Cathay Pacific and its subsidiary Cathay Dragon carried a total of 13,729 passengers in April, a year-on-year decrease of 99.6 percent, while the cargo and mail carried by two airlines in April dropped by 48.3 percent from the same period last year to 84,634 tons.

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Hong Kong had blossomed into a city in China with a world-class legal system, a lively free press, and a freewheeling economic model. "One country, two systems" had been successful.

Hong Kong's High Court has thrown out four lawmakers of the Legislative Council for violating the legal requirements of oath-taking when being sworn in.

His headache now is how to improve efficiency at the "aging state-owned Greek enterprise".

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Hong Kong's prosperity and stability have proved that the "one country, two systems" is the best arrangement for Hong Kong, said Leung while addressing the ceremony.

Hong Kong is categorized as "severely unaffordable". Trailing Hong Kong, Vancouver is the second-least affordable major housing market, with a median multiple of 11.9, while Sydney is third at 11.0.

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Hong Kong action choreographer and director Yuen Woo-ping was honored at the Star Asia Lifetime Achievement Award at the ongoing 18th New York Asian Film Festival (NYAFF) in recognition of his substantial contribution to contemporary kung fu and action movies.

Hong Kong's unemployment rate edged up to 2.9 percent over the past few months after remaining virtually unchanged for over a year, as softer consumption and a weaker export sector began to take a toll on the labor market, according to the Census and Statistics Department of Hong Kong.