
Lack of cash could see Hong Kong drop out as hosts of fencing World Cup
Advertisement
The three-day tournament, featuring individual and team events like this year's edition at AsiaWorld-Expo, is scheduled to run from January 9 to 11.
However, securing financial backing has proved difficult in the current economic climate.
'We were awarded the rights by FIE but securing sponsors would be crucial and given the current economic environment, it's highly likely that we might not be able to get one,' a source said. 'It would be great if we could do it, but that being said, there are other priorities.
'First it's the National Games, then there is the FIE Junior Men's and Women's Epee World Cup, and there's also the all-important World Championships next July. The World Cup was the last thing to worry about.'
Hong Kong's Kuan Yu-ching (right) against Ukraine's Anna Tarankeno. Photo: Dickson Lee
Fencing at the National Games will run from November 15 to 20 at Kai Tak Arena, followed by the Junior Epee World Cup at AsiaWorld-Expo from November 28 to 30.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


South China Morning Post
an hour ago
- South China Morning Post
HKMA, HSBC allay concerns about Hong Kong's loan books amid city's property market slump
Hong Kong's de facto central bank and the city's largest lender have issued separate statements to assuage concerns about a glut in the commercial property market, saying that the local banking system remained robust and well-capitalised. Advertisement Risks associated with commercial real estate (CRE) loans were 'manageable', as the classified loan ratio – a measure of borrowings deemed substandard, doubtful, or at loss – shrank slightly to 1.97 per cent in the second quarter, from 1.98 per cent at the end of March, said Eddie Yue Wai-man, the chief executive of the Hong Kong Monetary Authority (HKMA). 'Hong Kong's banking system is well-capitalised and has sufficient provisions and good financial strength to withstand market volatilities,' Yue said in a blog post on the HKMA's website on Wednesday. Hong Kong's property slump, currently in its sixth year, has entered a new normal , as a confluence of factors from high interest rates and macroeconomic pressure to low demand amid an oversupply has weighed on the market. As prices and rents fell in residential flats, shops and offices, the value of loan collateral declined. Eddie Yue Wai-man, the Chief Executive of the Hong Kong Monetary Authority, on July 9, 2025. Photo: Elson Li Almost three-quarters of HSBC's Hong Kong commercial property loan book was flashing warning signs by the end of June, while the amount of loans bearing increased credit risk had almost tripled.


South China Morning Post
2 hours ago
- South China Morning Post
What does the Beidaihe guest list tell us about China's economic priorities?
As China's top leaders enjoy their summer retreat at the northern beach resort of Beihaihe, analysts are poring over the guest list for clues about Beijing's priorities ahead of October's crucial plenary meeting to agree on China's next five-year plan. The list of invitees to the annual gathering , as reported by state media, suggests that China's leaders are placing a heavy emphasis on science, innovation and entrepreneurship, as they seek to accelerate China's development and application of emerging technologies. More than 60 experts received invitations to this year's Beidaihe holiday, including leading scientists in quantum physics, biology, artificial intelligence, materials science and medical research, as well as entrepreneurs from hi-tech industries, according to the state-run news agency Xinhua. Among the participants were structural biologist Yan Ning; top quantum physicist Pan Jianwei; and Xu Binghe, a leading breast cancer expert. The retreat also welcomed Liu Qingfeng, chairman of voice recognition technology pioneer iFlyTek; Wu Yunkun, president of cybersecurity firm Qi An Xin Technology (QAX); and Li Xuelong, chief technology officer at state-owned telecoms giant China Telecom. Also invited were eight fundamental researchers under 40 years of age, with the youngest member of the group – Feng Jiandong, a chemistry professor at Zhejiang University – aged just 33.


South China Morning Post
3 hours ago
- South China Morning Post
World Games: China extend gold-medal lead through Bai Yulu, Han Yu, Shang Chunsong
China extended their lead at the top of the World Games medal table on Wednesday after adding three gold medals through the current women's world snooker champion, a three-time world champion, and a former Olympics gymnastics bronze medallist and also ex-world champion. Playing in the six-red snooker event, reigning world champion Bai Yulu beat Thailand's Narucha Phoemphul 2-0 at the Civil Aviation Flight University of China's Tianfu Campus Gymnasium, after ousting Wendy Jans in the semi-finals on Tuesday. Later at night, Han Yu, a three-time world nine-ball women's pool champion, beat the Philippines' Chezka Centeno 7-6 in the women's pool final, with compatriot Liu Shahsha finishing third. And Shang Chunsong, competing under the gymnastics programme in Chengdu, won the parkour freestyle women's event at the Xinglong Lake Hubin Arena. Scoring a total of 24.7 points, the 2024 world freestyle champion finished ahead of Japan's Nene Nagai, who scored 22.9 points, and Sara Banchoff Tzancoff of Argentina, who finished with 20.6. China's Shang Chunsong reacts after the women's freestyle parkour final. Photo: Xinhua The 29-year-old Shang, from Zhangjiajie in Hunan province, was part of the bronze-medal-winning Chinese artistic gymnastics team at the 2016 Rio Olympics.