Ignoring OPEC+'s decision to postpone production cuts, Kazakhstan still plans to increase its oil production by 2025.

Kazakhstan insists on increasing its oil production next year, which may further exacerbate tensions with its OPEC+ partners.

Zhitong FinanceDec 18 15:01

Transport Department: There is careful scrutiny of bus companies' fare increase applications and will continue to closely monitor service performance.

The Chief Executive and the Executive Council reviewed the fare increase applications from the franchised bus operators yesterday (17th), approving an increase of 4.3% for KMB, 7.5% for Citybus (urban and New Territories), and 6.5% for New Lantao Bus, all to take effect from January 5 next year. The Director of the Transport Department, Li Chung-yan, stated in an interview with Radio Hong Kong that the Hong Kong government exercised prudence in approving the applications, considering factors such as the bus companies' past operational performance, forecasts of future financial performance, and the public's affordability. The approved fare increases aim to ensure the bus companies are more financially stable, and it is hoped that the companies will be able to make corresponding improvements in fleet and depot setup, in line with the government's green transport policies.

AASTOCKSDec 18 11:22

The Advisory Council agrees that the government should handle the bus fare increase application with caution.

The Chief Executive and the Executive Council approved today (17th) the decision to increase the fare for three bus franchises. The chairman of the Transport Advisory Committee, Zhang Renliang, stated that the committee agrees with the government's consistent cautious approach to handling fare increase applications from franchised bus operators, making decisions after considering a variety of factors comprehensively. Zhang Renliang indicated that the committee understands that timely and appropriately scaled fare increases help franchised bus operators maintain sufficient financial resources, enabling them to continue providing safe, efficient, and stable bus services while also continually improving remuneration to retain a team of professional and excellent staff, and make necessary investments to enhance services, ensuring the sustainability of franchised bus services.

AASTOCKSDec 17 16:49

The guild approved a price increase of 4.3% to 7.5% for the patented bus starting from the 5th of next month.

The Chief Executive and the Executive Council discussed today (17th) the fare increase requests from franchised bus operators, approving an increase of 4.3% for KMB, 7.5% for Citybus (Urban and New Territories), and 6.5% for Lantau Bus, all to take effect from January 5 next year. A government spokesman stated that in approving the fare increase requests from franchised bus operators, a careful and rigorous approach was taken to ensure proper scrutiny. The decision by the Chief Executive and the Executive Council aims to minimize the impact on people's livelihoods while considering the financial sustainability of the franchised bus operators to ensure they can continue providing reliable and safe public transportation services. After the new charges are implemented,

AASTOCKSDec 17 15:51

According to reports, the Transport Committee has approved various patent bus companies to raise prices by 4.3% to 7.5% starting from the 5th of next month.

According to reports from Now News, the Executive Council has approved fare increases for various bus companies starting from the 5th of next month, with KMB increasing by 4.3%, Citybus by 7.5%, and New Lantao Bus by 6.5%.

AASTOCKSDec 17 12:46

HANS ENERGY (00554.HK) is changing its abbreviation to "HANS GROUP HOLDINGS", effective this Wednesday.

HANS ENERGY (00554.HK) announced that the Director of the Companies Registry of the Cayman Islands has issued a certificate of incorporation for the company's name change on November 26 this year, changing the English name from 'Hans Energy Company Limited' to 'Hans Group Holdings Limited', and adopting '漢思集團控股有限公司' as its new dual foreign name toreplace the existing Chinese name '漢思能源有限公司'. According to the certificate, the company name change was made by a special resolution dated November 21 of this year.

AASTOCKSDec 16 09:39