West Kowloon cultural district deficit widens to HK$998 million
Visitor numbers and revenue excluding interest rose, but higher costs and falling interest income deepened pressure on the district’s finances.
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Visitor numbers and revenue excluding interest rose, but higher costs and falling interest income deepened pressure on the district’s finances.
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Hong Kong expects about 1.29 million mainland visitors over seven days, but costly flights may weigh on short-haul demand and spending.
The scheme will target people under 29 without work experience, with employers paying most of each salary.
The claims allege that Cheung Chung Kiu did not repay at least HK$18.65 billion, while Kai Johan Jiang failed to provide contracted business advice after receiving HK$500 million.
Customs is investigating reports that customers could not redeem prepaid services; the Consumer Council logged 286 complaints.
The Law Society of Hong Kong and Hong Kong Bar Association met overseas legal figures during the October 1 event.
Clearance prices are as low as 20% of their original level; the Mong Kok branch and online shop will remain open.
The proposed calendar would link arts, Chinese arts and festive events into a cycle designed to encourage multi-day trips.
Contracts signed at the old rate by October 2 can still be submitted by October 30; the monthly meal allowance remains at no less than HK$1,236.
More than 519 mainland tour groups registered to visit Hong Kong, involving about 19,106 visitors during the National Day holiday.
English coverage informed by local Chinese-language reporting. Original sources linked in every story.