Travel Firm Folds, Cancelling Holiday Of Hundreds
"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1441486_1_20190204185613.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1441486-20190204.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1441486-20190204.htm', 'DCS.dcsqry', '' ); } } }); }); });
2019-02-04 HKT 17:47
Alice Chan talks to RTHK's Candice Wong
A local travel agency closed down abruptly on Monday, affecting the holiday plans of about 570 people.
A total of 18 tour groups to various mainland cities arranged by An Shun Travel have been cancelled, as the company informed the Travel Industry Council that it has stopped operations due to "financial problems".
It is estimated that the travellers have paid the company more than HK$900,000 for the trips.
The council's executive director, Alice Chan, criticised the travel agency, saying it's irresponsible to close down just ahead of the new year holiday, after people had made plans for travel during the period.
Chan told RTHK's Candice Wong that some of those who booked the trips were scheduled to depart Hong Kong on Tuesday morning.
The council said eligible travellers could apply for compensations from the Travel Industry Compensation Fund.
It said it has received requests for help from about 20 affected travellers so far.
OCBC Plans Hong Kong Wealth Expansion With Up To 50 New Bankers
OCBC is expending its wealth management team in Hong Kong by 30% this year to meet growing regional demand for investme... Read more
Hana Financial To Acquire US$669M Stake In Dunamu, Deepening Crypto Push
Hana Financial Group has agreed to acquire a 6.55% stake in digital asset operator Dunamu. The transaction is valued at... Read more
Reap And TerraPay Partner To Expand Cross-Border Payouts Via Local Payment Rails
Reap has partnered with TerraPay to expand its cross-border payout network using domestic clearing systems. The integra... Read more
Tencent Fintech And Cloud Services Lift Q1 2026 Revenue 9% To US$8.68 Billion
Tencent reported a 9% increase in revenue from its fintech and business services division for the first quarter of 2026... Read more
Ant Group Profit Falls An Estimated 79% As AI And Payments Spending Rises
Ant Group saw an estimated 79% decline in quarterly profit as the company accelerates its spending on AI, large languag... Read more
Alibabas Cloud Revenue Jumps 40% As AI Investments Pressure Profitability
Alibaba Group has released its financial results for the quarter and fiscal year ending 31 March 2026, reporting a 3% a... Read more
