Melco to close four entertainment venues in Macau
A general view of Melco Crown's Studio City, as a 130m high Ferris wheel is seen on top of the resort, in Macau, China October 26, 2015. REUTERS/Bobby Yip/File Photo

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South China Morning Post
31 minutes ago
- South China Morning Post
Labubu figurines set records at auction as Hong Kong-designed soft toys' popularity grows
A Labubu figurine sold for over a million yuan (US$139,100) at an auction in Beijing this week, as demand for rare and limited editions of the soft toy rises. Created by Hong Kong-born Lung Ka-sing and produced as collectible toys by mainland Chinese company Pop Mart, Labubu figurines are usually priced between US$30 and US$300. The Yongle Auction sale featured 48 lots and recorded proceeds of 3,725,425 yuan. The auction drew a packed crowd at Beijing's Phoenix Art Centre and was streamed online to hundreds of thousands of viewers. Its hashtag quickly trended on Weibo, China's Twitter-like platform, garnering over 45 million views. Labubu is closer to art than it is to merchandise Zhao Xu, founder of Yongle Auction Zhao Xu, founder of Yongle Auction, said the sale attracted more than 1,000 bidders, and roughly 25 per cent of them were from outside mainland China, mainly from Taiwan, Singapore and Indonesia. Most of the toys sold for figures in the low tens of thousands of yuan during the hours-long auction. The first major buzz came when a 160cm (63-inch) tall brown Labubu figurine – number 7 of an edition of 15 – hit the stage. Bidding rose rapidly from a few tens of thousands to over half a million yuan, before the piece sold for 820,000 yuan.


South China Morning Post
an hour ago
- South China Morning Post
Taiwanese YouTuber Gym Boss live-streams unfiltered look at mainland China
A popular YouTuber from Taiwan who was once a vocal critic of Beijing has urged his fellow Taiwanese to experience life in Shanghai first-hand, calling the mainland metropolis a 'super first-rate city' during a live-streamed visit aimed at challenging entrenched political narratives on the island. Advertisement 'People in Taiwan should come to Shanghai, take a look at the city, and experience life here for several days,' Holger Chen Chih-han said on Wednesday, on the second day of his six-day trip. Holger Chen Chih-han, better known as Kuan Chang, which means Gym Boss, live-streams to his millions of followers from Shanghai. Photo: Handout Chen, better known to his millions of followers as Kuan Chang – the Gym Boss – arrived in Shanghai on Tuesday for a self-funded tour that he said was meant to offer Taiwanese audiences an unfiltered glimpse into mainland Chinese society. Once a staunch supporter of Taiwan's ruling Democratic Progressive Party (DPP), Chen said his perceptions shifted after years of observing the mainland through social media which, in his view, revealed a stark gap between online reality and official messaging in Taiwan. 'The construction and development in Shanghai are super first-rate and as the city has advanced, quality of life here has also progressed,' Chen said in a live stream. Advertisement Speaking to reporters before departing from Taoyuan Airport on Tuesday, Chen said he had once been deeply influenced by anti-Beijing rhetoric in Taiwan. 'I used to think I'd never set foot in China. I hated it. I believed everything the DPP told me,' he said.


South China Morning Post
2 hours ago
- South China Morning Post
Your Hong Kong weekend food guide for June 13-15
Whether Dad's a big meat eater, a man who loves a curry, or prefers a meal with European flair, this weekend has plenty to offer for your Father's Day celebrations. For those on the hunt for ways to take it up a notch with a fine dining experience, check out our 100 Top Tables Guide 2025 for the perfect family meal. Friday, June 13 The dining room at Morton's Steakhouse, Hong Kong. Photo: Handout Morton's The Steakhouse is serving up two special steaks this Father's Day weekend to show Dad he truly is a cut above the rest. A 16 oz dry-aged rib-eye and 16 oz 'proprietary' Cajun rib-eye are each accompanied by thick-cut onion rings with black truffle aioli. The meat is balanced and served with Calabrian Chile butter, black truffle butter, Rémy Martin VSOP au poivre, and more options. Advertisement Available all weekend long, the steak sets can be paired with the Godfather cocktail, made with Glenfiddich 12 Year, Disaronno amaretto and a dash of Angostura orange bitters. Where: The Sheraton Hotel Hong Kong, 4/F, 20 Nathan Road, Tsim Sha Tsui When: Friday, June 13, 5pm-11pm; Saturday, June 14, and Sunday, June 15, 11am-2.30pm and 5pm-11pm Price: HK$888 Saturday, June 14 Bone marrow paella at Bayfare Social. Photo: Handout