Lawmakers say local businesses are cashing in thanks to an influx of mainland tourists during China's Golden Week holiday. They also say arrangements to reduce the inconvenience to local residents in Kowloon are working. It is the first major holiday break for the mainland population since emerging from the Covid pandemic. Elvis Yu reports:

Chief Executive John Lee has paid tribute to workers, thanking them for their hard work and their contributions to the country and society. He made the comments as many nations around the world celebrated International Labour Day on Monday. Natale Ching reports:

RTHK has learnt that about 20 percent of district council seats will remain as directly-elected in the upcoming polls, with the rest to be appointed and returned by indirect elections. The issue of district administration reform is expected to be discussed at the Executive Council on Tuesday. Damon Pang reports:

Hong Kong motorists can start applying to drive their vehicles to Guangdong province at the start of next month, ahead of the scheme's implementation in July. Chief Executive John Lee hailed it as another milestone in the economic integration and development of the Greater Bay Area. Damon Pang reports:

A crocodile that was found in Pat Heung in the New Territories on Sunday is now under the care of Ocean Park. The theme park says it is around four-years-old and resembles the characteristics of a Siamese crocodile. Elvis Yu reports:

A conservation group has urged the government to strengthen regulations on importing exotic pets, following Sunday's capture of the 1.9-metre long crocodile. Jovy Chan, wildlife conservation manager for WWF-Hong Kong, says the freshwater crocodile is one of the most endangered in the world and was mostly likely smuggled into Hong Kong as a pet, as the species is native to Southeast Asia. She told Janice Wong that the government should do more to track exotic animals, such as using microchips to trace the ownership:

A memorial service has been held above the site in the South China Sea where a Japanese freighter was sunk by an American submarine in 1942. The ship had been carrying more than 1000 prisoners-of-war. A total of 979 people died, almost all Australian. The location of the wreck had been a mystery for more than 80 years, before a team led by not-for-profit Silentworld Foundation discovered it after 12 days of searching in the South China Sea. The sinking of the Montevideo Maru was Australia's worst-ever maritime disaster. Annemarie Evans spoke to RTHK's Australia correspondent, Luke Hunt, about the discovery of the shipwreck:

Investment bank, JP Morgan Chase, has taken over US bank, First Republic, in a deal brokered by regulators. The Federal Deposit Insurance Corporation confirmed on Monday that First Republic Bank had collapsed, making it the third US bank to fail. JPMorgan Chairman and CEO, Jamie Dimon, says the banking system is “getting near the end” of its problems. RTHK's US economics correspondent, Barry Wood, told Samantha Butler that the collapse was a result of investor panic, rather than the bank doing anything wrong: