
Local, mainland stocks edge higher
Local, mainland stocks edge higher
Hong Kong stocks are up slightly after US and China wrap up trade talks in London. File photo: RTHK
The Hang Seng Index rose 28 points or 0.12 percent to open at 24,191 points on Wednesday.
Mainland stocks also opened higher, with the benchmark Shanghai Composite Index up 0.02 percent to open at 3,385 points.
The Shenzhen Component Index opened 0.14 percent higher at 10,176 points. (Xinhua)

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RTHK
3 hours ago
- RTHK
Workers urged to report labour import violations
Workers urged to report labour import violations Chris Sun says workers can call a Labour Department hotline if they suspect they have been laid off illegally. Photo: RTHK Labour minister Chris Sun on Thursday said people who suspect they were laid off by their employer in order to be replaced by workers from outside the city should file official complaints. Sun said he is aware that some people have been making such claims recently, stressing that such moves by employers would be illegal. He added that by law, companies are required to employ two local people for every imported worker they have on their books. Sun said officials will investigate complaints made through the Labour Department's 2150 6363 hotline. The minister said more spot checks will also be conducted, especially in the catering sector. "If officials find and confirm any violation during the checks, we will consider imposing executive sanctions against the company," he told reporters after attending an event. "These include cancelling the labour import quota allocated to the firm, or that for a certain period of time going forward, we will refuse all their import applications." Sun stressed that local workers will always get priority when it comes to jobs. Meanwhile, the minister said around 100 former employees of King Parrot Group have sought help from the Labour Department over HK$9 million in unpaid wages and severance pay. The group, which owned a number of restaurants, informed staff earlier this week that it was ending its operations.


RTHK
4 hours ago
- RTHK
Tech losses lead Hang Seng Index to lower close
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South China Morning Post
7 hours ago
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