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Investors in the West are underestimating the scale of innovation, entrepreneurship and economic momentum happening in China, leading to missed opportunities, according to William Ford, chairman and CEO of US private equity firm General Atlantic. “Investors avoid investing in China at their own peril,” Ford said in an exclusive interview with the Post on the sidelines of the 2025 Family Business Summit in Hong Kong last week. “They’ll miss some tremendous investment opportunities.” Ford noted...

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong’s weather forecaster has issued the No 1 warning signal as Typhoon Fung-wong enters within about 800km (497 miles) of the city. The Hong Kong Observatory raised the signal at 12.20pm on Monday, saying it was expected to remain in force until noon the next day. The forecaster also said it would assess the need to issue the No 3 warning signal on...

Hong Kong’s Medical Council is under mounting pressure to account for its disciplinary procedures after concerns were raised about its handling of a second alleged blunder, this time involving an endoscopy that left a patient in a vegetative state. The council is already under fire from authorities and the city’s ombudsman for its handling of an inquiry into another alleged blunder that left a child disabled for life. The latest allegations centred around the treatment of hospitalised patient...

Hong Kong’s public hospitals have received more than 1,000 inquiries daily since applications for new medical fee waivers opened last Monday, authorities have revealed. Hospital Authority chief executive Dr Libby Lee Ha-yun said in a television interview on Sunday that more than 100 applications had already been submitted. An additional 1.1 million people will be eligible for fee waivers under a revamp of the public healthcare subsidy scheme that takes effect on January 1 next year. The reform...