Joel Chan

More Hong Kong drivers head to mainland China to refuel as oil prices rise Previously, residents were topping up their tanks once or twice a month, but they are now making weekly trips, automobile association says.

Cheapest gasoline prices at the pump:
Shenzhen- 7.11 yuan/L (89 octane)
Hong Kong- HK$31.09/L (98 octane)

www.scmp.com/news/hong-ko...

Cathay Pacific announces an additional 105% fuel surcharge on most flights for tickets purchased as of March 18

www.cathaypacific.com/cx/en_HK/lat...

ICAC, HKSAR - Press Releases - ICAC and SFC joint operation in alleged insider dealings and corruption involving senior executives of licensed corporations Press Releases - ICAC and SFC joint operation in alleged insider dealings and corruption involving senior executives of licensed corporations

8 people have been arrested in Hong Kong, alleging a hedge fund bribed brokers for insider information on share placements

www.icac.org.hk/en/p/press/i...

Hong Kong Probes Financial Firms With Biggest Raids Since 2017 Hong Kong regulators raided the offices of two leading Chinese brokerages and a prominent investment firm this week, marking one of the most significant enforcement actions against the city’s financia...

“Local offices of Citic Securities Co. and Guotai Junan International Holdings Ltd. were targeted and at least one senior banker was detained”

www.bloomberg.com/news/article...

Abalone porridge with banchan, including squid kimchi

First meal in Seoul, an abalone porridge to warm the soul. Appropriate as it is +2°C outside

Incheon International Airport, Terminal 2 Arrivals

안녕하세요!

He shoots, he scores! Basketball as you’ve never seen it before – in pictures In 2019, Austin Bell embarked on a wild quest to photograph all 2,549 of Hong Kong’s outdoor basketball courts using drone cameras and Google Maps. The results offer a fresh perspective on the city

“He shoots, he scores!” is a hockey call, not basketball.
Anyway, every Hong Kong baller should have this beautiful book in their library

www.theguardian.com/artanddesign...

Cathay Pacific posts 9.5% rise in profit but warns of geopolitical risks Cathay premium and cargo growth lifted results, but HK Express recorded deeper loss amid route expansion and engine issues.

HK Express, the subsidiary of Cathay Pacific, posted a 2025 loss of HK$996 million, attributed to "“changes in customer preferences for travel destinations” (Translation: Idiot Hongkongers who thought a superquake would hit Japan)

www.scmp.com/news/hong-ko...

Cathay Pacific normally makes changes to fuel surcharges on the 1st of each month, with announcements made two weeks beforehand

CEO Ronald Lam: “In March, like ever since the Middle East episode began, the costs of our fuel already doubled. So we are going to announce (a surcharge rise) very soon… in order to ensure the smooth operation of our flights.”

HK01 photos, a grenade and the location which the grenade was found

A grenade was discovered at Victoria Height, 43A Stubbs Road, Happy Valley, which forced the evacuation of nearby ESF Bradbury School

Cathay Pacific Airways : The Cathay Group announces 2025 Annual ResultsThree consecutive years of solid financial performance laying the foundation for sustainable future growth The Cathay Group announces 2025 Annual Results Three consecutive years of solid financial performance laying the foundation for sustainable future growth Wednesday,...

Also, employees are receiving “more than 11 weeks” bonus, a 1-week increase from last year

www.marketscreener.com/news/cathay-...

Cathay usually makes changes to the fuel surcharge on the 1st of the month, announcing the changes 14 days beforehand.
Regardless it’s usually cheaper to buy earlier; the more seats available the cheaper its best price

According to @journodannyaero.bsky.social, Cathay Pacific will receive its first nine 777-9X aircraft in 2027, which would make them 6 to 7 years behind schedule

Cathay Pacific Profit Jumps, With Plans for 10% Capacity Growth Cathay Pacific Airways Ltd. saw another year of profit growth and expects passenger capacity to increase 10% even as the Middle East conflict clouds the outlook for the global aviation sector.

Cathay Pacific recorded strong earnings for 2025, posting a 12% increase in revenue and a 10% increase of net income
• Cathay says it is expected to withstand any volatility in oil prices, as it hedges ~30% of its fuel needs

www.bloomberg.com/news/article...

Tai Po fire: Hong Kong Red Cross raises HK$530 million for affected residents Charity says it has ended donation drive and vows no more than 5 per cent of funds will go towards administrative fees.

Hong Kong Red Cross has ended its donation drive supporting the victims of the Tai Po fire, raising HK$530 million.
• Relief and recovery efforts (including long-term assistance) expected to take 5 years
• Less than 5% will go to administrative costs

www.scmp.com/news/hong-ko...

Ruifeng Power Group Company Limited (02025) closed ↓5.12% to $20.00, the 1st trading day following the high concentration notice. The Hang Seng Index was up 2.17%

China summons Maersk, MSC on shipping operations amid Panama saga, Iran war Beijing gave no reason for order – but both firms at centre of dispute after Panama ruled against CK Hutchison’s operation of two ports.

China's Ministry of Transport invited Maersk and Mediterranean Shipping Company to tea regarding "international shipping operations." The two firms were assigned by Panama to take over operations of the two ports owned by CK Hutchison's subsidiary

www.scmp.com/economy/chin...

Cathay Pacific temporarily suspends Dubai services Latest update: 10 Mar 2026 14:30 HKT (GMT+8) In view of the developing situation in the Middle East, all Cathay Pacific flights to and from Dubai from 28 February up to and including 31 March 2026 have been cancelled. Customers affected by this change who have not already received a message from Cathay Pacific are advised to check the latest status of their booking via Manage Booking. Our ticket waiver policy is in place to provide additional choice and flexibility. Customers booked to travel between Hong Kong and Dubai up to 30 April 2026 may rebook, reroute or refund their tickets without the usual fees.

Cathay Pacific has now cancelled all flights between Hong Kong and Dubai/DXB, and Hong Kong and Riyadh/RUH until Tuesday March 31, 2026.

Rebooking fees for flights until April 30 will be waived

www.cathaypacific.com/cx/en_HK/lat...

Xi’s Export Juggernaut Is Leaving China’s Factory Workers Behind Workers who powered a tariff-defying boom tell a grim story of falling wages and vanishing jobs.

“Right now, the Communist Party is stretching social stability ever thinner for the sake of economic growth. On the surface, China may be doing well and closing the gap with the US. But the cost is borne by society as a whole.”

www.bloomberg.com/news/feature...

E-payments to attract more riders, cut fare disputes: Hong Kong taxi industry Representative says industry ready for April 1 requirement, with about 90 per cent of taxi drivers already registered with e-payment platforms.

It only took the government to force Hong Kong’s horrible taxi industry to accept digital payments for them to finally come up with this recent epiphany

www.scmp.com/news/hong-ko...

(Bloomberg) No jet fuel hedge makes AirAsia worst performing airline stock

They should, but it also depends on how much and what price.

For example, AirAsia X didn’t hedge, and now they’re in a world of hurt

Hong Kong Airlines to raise fuel surcharges by up to 35% amid oil price surge Airline is the first local carrier to raise fuel surcharges, with South Asia routes hit hardest amid escalating conflict in the Middle East.

• To/from mainland: $5 increase
• To Japan: $50 increase
• From Japan: No change
• To/from Taiwan: $20 increase
• To/from most Asian destinations: $50 increase
• To/from Maldives, Bangladesh, Nepal: $100 increase

www.scmp.com/news/hong-ko...

Hong Kong Airlines to Hike Fuel Surcharge from Thu: +HKD50 for JP/ SK, +HKD150 for Europe/ N America Hong Kong Airlines announced that, after reviewing its fuel surcharge, it will adjust the fees for ...

Hong Kong Airlines became the 1st HK-based carrier to adjust the fuel surcharge on its flights due to the Iran conflict, with surcharges going up by as much as HK$150 on its long-haul flights to Europe, North America, Middle East as of March 12

www.aastocks.com/en/usq/news/...

Buying at HK$71.8 million in 2009 and selling it at $105 million means an annual return of 2.26%. Inflation rose faster than that, so on the basis of CPI, Mr. Ten Billion sold at a loss, and that's before seller's costs, agent commission, and legal fees

Hong Kong woman faces 2019 protest charges after returning from Australia Ami Chan Hui-ching, charged with possessing laser pointers and spray paint for illegal use in anti-government protests, released on HK$10,000 bail.

A reminder to anyone who was arrested during the anti-government protests but never charged; if you relocate from Hong Kong it’s probably not a good idea to come back

www.scmp.com/news/hong-ko...

Singapore will deploy a military aircraft to assist Singaporeans stuck in Saudi Arabia and operate two flights from Riyadh on March 10 & 12

www.straitstimes.com/singapore/rs...

An incoming male passenger was sentenced to two months' imprisonment and fined $1,000 by the Fanling Magistrates' Courts today (March 9) for possessing duty-not-paid cigarettes and failing to declare them to Customs officers, in contravention of the Dutiable Commodities Ordinance (DCO). Customs officers intercepted the incoming 50-year-old male passenger at the Lo Wu Control Point on March 7 and seized 4 560 duty-not-paid cigarettes, with an estimated market value of about $18,700 and a duty potential of about $15,000, from under the seat pad and back of his wheelchair. The passenger was subsequently arrested.

A 50-year old man was sentenced to 2 months in prison and fined HK$1,000 after customs at Lo Wu last Saturday discovered 228 packs of cigarettes underneath the seat pad and at the back of his wheelchair

www.info.gov.hk/gia/general/...

The judge didn't provide reasons for rejecting WSJ's bid to throw out @selinacheng.bsky.social's wrongful dismissal lawsuit, saying they would be given later.
Meanwhile, both sides continue to argue whether an audio recording between Cheng & her then-direct WSJ supervisor can be admitted as evidence

Mainland Investors Buy Record Hong Kong Stocks Via Trading Link Mainland Chinese investors purchased a record HK$37.2 billion ($4.8 billion) worth of Hong Kong shares through a key trading link on Monday, reversing their unprecedented sale last week.

Mainland investors bought a record net HK$37.2 billion worth of Hong Kong shares through Stock Connect on Monday, which likely contributed to the Hang Seng Index paring its early losses today.
The Hang Seng closed down 348.83 (1.35%) to 25,408.46

www.bloomberg.com/news/article...