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Operations at West Kowloon station in the global financial hub have been smooth, with a flow of about 1,400 passengers by 10 a.m., said Cheung Chi-keung, head of operator MTR Corp’s (0066.HK) cross-boundary operations.

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Hong Kong is also poised to benefit from its proximity to China, the

Hong Kong’s early adoption of a taxonomy that finds common ground between Europe and China will help the market grow,

Google's parent company, Alphabet Inc (GOOGL.O), did not immediately respond to a request for comment.

US luggage maker Samsonite International rose 4.2 per cent to HK$20.05 in Hong Kong, while European luxury goods maker Prada slipped 1.7 per cent to HK$43.85. UK insurer Prudential jumped 2.8 per cent to HK$104.20. The Hang Seng Index and the CSI 300 Index dropped at least 1.3 per cent at the close.

Tourism lawmaker Perry Yiu Pak-leung welcomed Lee’s announcement, describing it as a “breakthrough”.“This is very happy news,” he said, adding he had written to Lee before his trip to ask him to raise the issue while in the capital.

pro-Beijing heavyweight Tam Yiu-chung expressed doubts over whether the border would be fully reopened by Lunar New Year on January 22.