logo
Hong Kong new openings, from home-grown coffee to burgers with harbour views

Hong Kong new openings, from home-grown coffee to burgers with harbour views

NOC Coffee Co
NOC Coffee Co's Cityplaza location offers a 'noc.turnal' menu for the health conscious. Photo: NOC Coffee
Hong Kong's home-grown NOC Coffee Co has unveiled its newest location, at Cityplaza, in Taikoo Shing. The branch's warm timber and greenery featuring upcycled tree trunks create a rare tranquil retreat from the hustle and bustle of city life. The new branch also marks the debut of noc.turnal, an evening menu of
health-conscious dishes and drinks to be enjoyed with the
rich sounds of vinyl from the brand's first in-store LP player.
Advertisement
Shop 005-006 & 009, G/F, Cityplaza, 18 Tai Koo Shing Road, Taikoo Shing
Food Parc
Food Parc's bar lounge. Photo: Food Parc
Food Parc has finally opened its doors at the Hopewell Mall in Wan Chai. Spanning more than 20,000 sq ft, the supermarket boasts nearly 10,000 premium products and six food counters featuring delights such as Dixon Ip's Bean & Brew coffee, fresh artisan pastries and
locally farmed Rén eggs . Families with little ones are welcomed with kid-friendly carts, self-checkouts and the playful 'Little Store Manager's Challenge' workshop. And don't miss Hong Kong's first on-site MoneyBack VIP Lounge, where weary shoppers can unwind and indulge in refreshments.
15/F, Hopewell Hotel Mall, 15 Kennedy Road, Wan Chai
Phyx
Phyx aims to make physiotherapy accessible to Hongkongers. Photo: Phyx
Making physiotherapy widely available in Hong Kong at HK$850 per 30-minute session, Phyx founders Sebastian Swarbreck and Christie Mak blend their global expertise and local insight to deliver effective treatments tailored to busy city lives.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Chinese fintech giant Ant International to seek stablecoin licence in Hong Kong
Chinese fintech giant Ant International to seek stablecoin licence in Hong Kong

South China Morning Post

timean hour ago

  • South China Morning Post

Chinese fintech giant Ant International to seek stablecoin licence in Hong Kong

Fintech firm Ant International, the global affiliate of Chinese tech giant Ant Group , said it would apply for a stablecoin issuer licence in Hong Kong once the new ordinance governing fiat-backed cryptocurrencies comes into effect in August. 'We welcome the passage of the Stablecoins Bill … and hope to contribute more to the city's vision as a global hub for next-gen finance,' Ant International said in a statement on Thursday. 'We plan to apply for the fiat-referenced stablecoins issuer's licence once the process is open after the Stablecoins Ordinance takes effect on August 1.' The statement comes as a show of support for Hong Kong's ambition to stay at the forefront of global finance . Ant International also plans to apply for a stablecoin licence in Singapore, where the company is based, Bloomberg reported on Thursday. Ant Group is an affiliate of Alibaba Group Holding , owner of the South China Morning Post. On May 21, Hong Kong's Legislative Council passed a law requiring that issuers of stablecoins – which are typically backed one-to-one by fiat currencies such as the US dollar – be licensed by the Hong Kong Monetary Authority. The government announced last week that the law would take effect in August , at which point companies can apply for the licence. This makes the city one of the first jurisdictions to introduce detailed regulations governing the issuance of stablecoins, coming ahead of the US Genius Act currently making its way through the Senate. Several other companies have already announced plans to apply for the licence and issue Hong Kong dollar-backed stablecoins. Some have been testing use cases in a government-backed stablecoin sandbox , including Jingdong Coinlink Technology, a subsidiary of , Alibaba's main e-commerce rival in mainland China. For Ant, the move aligns with the company's broader goal of enhancing its global business with expanded treasury capabilities and banking partnerships. Ant International said in the statement that it intended to 'transform our cutting-edge AI, blockchain and stablecoin technologies into reliable, large-scale real-world applications'.

Bursting of US exceptionalism bubble a boon to Chinese stocks
Bursting of US exceptionalism bubble a boon to Chinese stocks

South China Morning Post

timean hour ago

  • South China Morning Post

Bursting of US exceptionalism bubble a boon to Chinese stocks

The facts speak for themselves. On June 9, the Hang Seng China Enterprises Index (HSCEI), a gauge of mainland Chinese stocks listed in Hong Kong, entered a bull market after having risen 22 per cent since its recent low on April 7. The HSCEI and the MSCI China Index, which tracks Chinese companies listed at home and abroad, have largely outperformed all other major equity markets this year. That the sharp rally in Chinese shares occurred against the backdrop of deflationary pressures that show no sign of easing, low consumer confidence , a festering crisis in the property sector and a dramatic escalation in the US-China trade war makes the gains all the more remarkable. Several factors are at work. One of them, as Morgan Stanley noted in a report on May 20, is global investors' 'deeply underweight' position in Chinese equities following years of extremely bearish sentiment. This has created a 'sizeable allocation upside potential in moving from [an underweight to a neutral position]', Morgan Stanley said. A more important factor – and the most unexpected one – is the strong conviction on the part of many investors that the long period of US exceptionalism in markets has come to an end. US President Donald Trump's ruinous trade policies , blatant disregard for the rule of law and planned reckless tax cuts that add to America's ballooning public debt have cast doubt over the perceived safe haven status of US assets, especially the US dollar. The mantra of 'Tina' – There Is No Alternative – to US equities has given way to diversification as investors seek to rebalance their portfolios away from the United States. While there is intense debate about the pace and consequences of diversification, the waning appeal of US assets is a boon to Chinese stocks. Morgan Stanley says there is a 'higher willingness to add more positions in Chinese equities, fuelled by global diversification demand'. Nomura says 'the fading of the 'US exceptionalism' theme could help Asian equities', with China, India and Japan best placed to capture 'reallocation flows' given the depth and breadth of their stock markets. Goldman Sachs, meanwhile, notes that Chinese stocks tend to perform well when the yuan strengthens versus the US dollar.

Hong Kong re-exporters urged to remain cautious despite US-China trade talks
Hong Kong re-exporters urged to remain cautious despite US-China trade talks

South China Morning Post

time3 hours ago

  • South China Morning Post

Hong Kong re-exporters urged to remain cautious despite US-China trade talks

The latest US-China trade talks may have alleviated concerns among some Hong Kong re-exporters, but the sector should remain cautious because President Donald Trump's administration has been accused of creating crises to gain bargaining power, according to observers on Thursday. Advertisement High-level officials from the United States and mainland China concluded their two-day economic and trade consultation mechanism meeting in London on Wednesday. Trump announced that a trade agreement had been reached with the mainland, stipulating that tariffs on Chinese imports to the US would increase from the current 30 per cent to 55 per cent, while tariffs on US exports the other way would remain at 10 per cent, pending approval from himself and Chinese President Xi Jinping. According to Trump, the US would also gain access to the mainland's magnets and all necessary rare earth elements, while certain provisions would be offered in exchange, including allowing mainland students to study at American universities. Gary Ng Cheuk-yan, a senior economist at Natixis Corporate and Investment Bank, suggested the deal could offer a slight benefit to Hong Kong, although it was too early to say the dust had settled between the two countries. Advertisement 'For Hong Kong, such a deal may help stabilise its US-China re-exports with less concern about electronic equipment supply chains, which is the largest trade item. Given the less intense environment, the front-loading demand may be lower than in the scenario of a full-fledged trade war,' he cautioned. 'There is no guarantee that what we see right now will remain, and more restrictions can return at any time, especially as the US includes China clauses in its deals with other countries, which may also affect Hong Kong.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store