Hong Kong’s first 5-year plan to give firms more long-term certainty: Paul Chan

Hong Kong's finance chief, Paul Chan, has stated that the city's first five-year plan will provide businesses with greater certainty for long-term investment decisions. According to Chan, the plan's targets and timelines will allow companies to see the city's direction over the next five years and better align their plans with the government's.

A large crowd attended the funeral of former Hong Kong chief executive Tung Chee-hwa, who died earlier this month at the age of 89. The ceremony, which was attended by top Beijing and SAR officials, including Chief Executive John Lee and former chief executives Donald Tsang and Carrie Lam, lasted about an hour. Tung's coffin, draped in the national flag, was carried from the hall by pallbearers, including CY Leung and John Lee.

The government set up several condolence points for the public to mourn Tung Chee-hwa. At one of these points, a woman expressed her admiration for Tung, describing him as gentle, kind, and warm. There was also a report of a significant drug seizure by Hong Kong customs, with HK$125 million worth of marijuana discovered in a 40-foot container, and three people arrested.

Brief written by urgent.news from South China Morning Post, Bangkok Post, Free Malaysia Today, RTHK News, RTHK English — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.