Hong Kong Business News
香港商業資訊
News Article List |
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Sun Dong inspects new I&T site1-12-2023
Secretary for Innovation, Technology & Industry Prof Sun Dong today inspected a new site for innovation and technology (I&T) use in Sandy Ridge in North District. The Government has been endeavouring to provide space for the development of the I&T industries by increasing I&T land supply ... |
Space delegation ends visit1-12-2023
Chief Executive John Lee hosted a farewell ceremony for the China Manned Space delegation at Government House this afternoon to thank them for accepting the invitation to visit Hong Kong. Speaking at the ceremony, Mr Lee said their four-day visit allowed Hong Kong citizens to experience the country's det... |
Bay area tourism meeting held1-12-2023
A meeting of the “Joint Regulatory Alliance of the Tourism Market of 9+2 Cities in the Guangdong-Hong Kong-Macao Greater Bay Area” was held in Hong Kong today. Representatives from the Ministry of Culture & Tourism of the People’s Republic of China, the Department of Culture & Tourism of Gu... |
Project financing committee meets1-12-2023
The Committee on the Financing of Major Development Projects, chaired by Financial Secretary Paul Chan, held its first meeting today to discuss its mode of operating, future work directions and work plan. The Chief Executive announced the committee’s establishment in the 2023 Policy Address. With... |
Views sought on toy safety standards1-12-2023
The Government today launched a public consultation on the proposed updates to Schedules 1 and 2 to the Toys & Children's Products Safety Ordinance. The updating exercise is to implement up-to-date safety standards promulgated by the relevant standards institutions for toys and children's prod... |
Space delegation meets tech sector30-11-2023
The China Manned Space delegation visiting Hong Kong today attended the China Manned Space Exhibition opening ceremony in the morning and exchanged views with technology and higher education sectors at a luncheon hosted by the Innovation, Technology & Industry Bureau. |
Space delegation visits universities30-11-2023
The China Manned Space delegation this afternoon visited Hong Kong Polytechnic University (PolyU) and Hong Kong University of Science & Technology (HKUST) in groups to share the latest developments in national aerospace technologies. The delegation also took part in in-depth discussions with teachers... |
$172.9b deficit recorded30-11-2023
The Government today announced that it recorded a $172.9 billion deficit for the first seven months of the current financial year. Expenditure for April to October was $413.9 billion and revenue was $174.4 billion. A deficit was recorded after taking into account the proceeds of $66.6 billion received fr... |
Oct retail sales up 5.6%30-11-2023
The value of total retail sales in October, provisionally estimated at $33.8 billion, rose 5.6% compared with the same month in 2022, the Census & Statistics Department announced today. After netting out the effect of price changes over the same period, the provisional estimate represents a 2.7% year... |
Space delegation meets students29-11-2023
A visiting China Manned Space delegation this morning attended dialogue sessions organised by the Education Bureau at Pui Kiu Middle School, Ma Tau Chung Government Primary School (Hung Hom Bay) and Baptist University Affiliated School Wong Kam Fai Secondary & Primary School. During the sessions, mem... |
Bill on foreign gains tax passed29-11-2023
The Government welcomed the passage of the Inland Revenue (Amendment) (Taxation on Foreign-sourced Disposal Gains) Bill 2023 by the Legislative Council today that refines Hong Kong's foreign-sourced income exemption regime (FSIE). The refinement to the FSIE regime expands the scope of assets in relation ... |
Tech chief meets Fujian officials28-11-2023
Secretary for Innovation, Technology & Industry Prof Sun Dong met officials and visited a technology enterprise during his visit to Fujian today. In Fuzhou this morning, Prof Sun called on Fujian Vice-Governor Lin Ruiliang, Department of Science & Technology of Fujian Director Li Zhizhong and Dep... |
National space delegation to visit HK28-11-2023
The Government has announced that a China Manned Space delegation will arrive in Hong Kong today for a four-day visit. Led by China Manned Space Agency’s Deputy Director General Lin Xiqiang, the delegation comprises astronauts who have participated in the construction of the Chinese Space Statio... |
Sun Dong starts Fujian visit27-11-2023
Secretary for Innovation, Technology & Industry Prof Sun Dong today began his visit to Fuzhou in Fujian Province where he met local officials and visited enterprises. Prof Sun first called on Deputy Secretary of the Leading Party Members Group of Fujian Provincial People’s Congress Standing Committ... |
Payment system alert launched27-11-2023
The Monetary Authority announced the launch of the Faster Payment System (FPS) Suspicious Proxy ID Alert, which aims to enhance the alert mechanism to users of fraud risks. Under this mechanism, users will be alerted of the high risk of fraud if the payee's FPS proxy ID, which includes the mobile phone n... |
Paperless communication mooted27-11-2023
The Financial Services & the Treasury Bureau today published a consultation paper on proposals to promote paperless corporate communication for Hong Kong companies. The consultation paper sets out key features of the legislative proposals to amend the Companies Ordinance, including introducing... |
Tech chief to visit Fujian26-11-2023
Secretary for Innovation, Technology & Industry Prof Sun Dong will depart on a visit to Fujian this evening. During his visit, Prof Sun will tour advanced manufacturing and new energy enterprises in Fuzhou and Ningde to learn more about the province's efforts in promoting innovation and technology, a... |
Carnival showcases SIE Fund's work25-11-2023
The achievements of the Social Innovation & Entrepreneurship Development Fund (SIE Fund) over the ten years of its existence to date are being showcased this weekend at the Social Innovation Carnival. Organised by the Innovation, Technology & Industry Bureau’s Efficiency Office under the theme ... |
AstraZeneca expands in HK24-11-2023
Financial Secretary Paul Chan today witnessed the plaque unveiling ceremony at the Central Government Offices for UK biopharmaceutical enterprise AstraZeneca's research and development centre and Hong Kong iCampus. The AstraZeneca R&D Centre in Hong Kong will focus on research and development of medi... |
Business leaders urged to vote24-11-2023
Secretary for Commerce & Economic Development Algernon Yau today wrote to about 400 trade and industrial organisations in Hong Kong to call on business leaders to lead by example and cast their votes in the 2023 District Council (DC) Ordinary Election to be held on December 10. Mr Yau noted that as t... |
HK promotional work highlighted23-11-2023
Secretary for Commerce & Economic Development Algernon Yau today hosted a cocktail reception to update his guests on the work of the overseas Hong Kong Economic & Trade Offices (ETOs) and the Mainland Offices in promoting Hong Kong. The 200 guests comprised representatives of consulates, chambers... |
Christopher Hui promotes DC poll23-11-2023
The seventh District Council (DC) Ordinary Election will be held on December 10. This is the first large-scale citywide election following improvements to the district governance system and reforms to our DCs. It is of utmost importance to the steadfast and successful implementation of “one country, two syst... |
Asia-Pacific Business Forum opens22-11-2023
The Asia-Pacific Business Forum 2023 opened today, with delegates meeting to discuss how businesses are decarbonising their operations and scaling up sustainability initiatives around Asia and the Pacific. Speaking at the forum’s opening session, Financial Secretary Paul Chan said decarbonisation and g... |
CE: HK-GD link will boost bay area22-11-2023
Hong Kong is a vibrant and open meeting place of hearts and minds. It is also a perfect location for traders, investors and financial planners from the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and ASEAN member states to meet and co-operate with one another. Hong Kong's regional connectivity is un... |
US$30b tabled for green measures22-11-2023
Today, we gather to discuss and explore the tremendous business opportunities that green transition could present. But for a start, allow me to share with you the discussions at the recent APEC (Asia-Pacific Economic Cooperation) meetings which gathered together prominent leaders and ministers from around the ... |
HK backs free trade21-11-2023
This year, I am pleased to see your faces. I am also pleased to tell you that we have come out of the pandemic. Business is back, and Hong Kong's economy is rebounding. The GDP (gross domestic product) growth this year is forecast to be 3.2%. For those of you who are coming by air, I hope you have had... |
Inflation at 2.7% in October21-11-2023
Consumer prices increased 2.7% year-on-year in October, a larger rise than that registered in September, the Census & Statistics Department announced today. Netting out the effects of the Government’s one-off relief measures, the underlying inflation rate was 1.7%, lower than that seen in September... |
FS: Dreams become reality in Lantau20-11-2023
I am delighted to be here and invited by Elsa and Anna to celebrate with you all the opening of World of Frozen, the first-ever and largest Frozen-themed land in the world. Thank you Olaf for bringing me here all the way from Central. I can still vividly remember how this Frozen-themed zone started as a ... |
Advancing economy a key task18-11-2023
Attending the 30th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting (AELM) on behalf of the Chief Executive, Financial Secretary Paul Chan joined discussions on strengthening the interconnectivity and mutual co-operation within the region, and improving the inclusiveness and resilience of eco... |
In US, FS discusses climate policies17-11-2023
Financial Secretary Paul Chan yesterday attended the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting (AELM) in San Francisco, the United States, on behalf of the Chief Executive. He exchanged views with other attendees on promoting regional connectivity and economic prosperity. Clima... |
Culture chief visits Beijing17-11-2023
Secretary for Culture, Sports & Tourism Kevin Yeung today visited “The Road of Rejuvenation”, an exhibition at the National Museum of China (NMC), and met its Director, Wang Chunfa. Mr Yeung said that by comprehensively showcasing the country’s path to rejuvenation, the exhibition allows visito... |
FS meets US company reps16-11-2023
Financial Secretary Paul Chan visited companies and met business representatives in San Francisco, the United States yesterday. Mr Chan had lunch with a group of representatives of startups, venture capital firms and private equity firms in Silicon Valley. In a speech, he stated that the central go... |
Metropolis off to a strong start16-11-2023
After a few challenging years, Hong Kong is not only back on the world stage; we are on the centre stage of the world now.
In just the past three weeks since my Policy Address, a series of mega-scale and international events have drawn a variety of policymakers, game-... |
Algernon Yau shares APEC goal16-11-2023
Secretary for Commerce & Economic Development Algernon Yau said yesterday that Hong Kong is putting the collective Asia-Pacific Economic Cooperation (APEC) goal of advancing broad-based prosperity into action domestically. Mr Yau was attending the 34th APEC Ministerial Meeting in San Franci... |
Untruthful remarks rejected16-11-2023
The Hong Kong Special Administrative Region Government said it strongly disapproves of and firmly rejects the untruthful remarks, slanders and smears against Hong Kong in the 2023 report issued by the US-China Economic & Security Review Commission. It also stressed that it strongly disapproves of and... |
FS promotes HK in San Francisco15-11-2023
Financial Secretary Paul Chan met representatives of a US enterprise during his visit to San Francisco yesterday and introduced Hong Kong's favourable business environment. Meeting representatives of an enterprise that manufactures advanced medical equipment, Mr Chan outlined the new measures introduced ... |
Int’l forum on nation’s economy held15-11-2023
An international forum on China's economy and policy setup was held in Hong Kong today to explore the opportunities of the city under the trend of the country's strides towards high-quality development. More than 400 people attended the forum titled, "China's Stride towards High-quality Development - The... |
Algernon Yau discusses sustainability15-11-2023
Secretary for Commerce & Economic Development Algernon Yau attended a plenary session of the 34th Asia-Pacific Economic Cooperation (APEC) Ministerial Meeting in the US city of San Francisco yesterday. At the plenary session themed “Enabling an innovative environment for a sustainable future & ... |
Family office academy highlighted14-11-2023
The Hong Kong Academy for Wealth Legacy (HKAWL), under the Hong Kong Financial Services Development Council (FSDC), will be formally established and hold its inauguration ceremony today to provide a comprehensive talent training platform for the family office sector, asset owners and wealth inheritors, and to ... |
Property market needs time to adjust14-11-2023
Chief Executive John Lee said today that before buying property, the property market and buyers need time to observe and adjust to the easing of property measures that were introduced in the Policy Address last month. He made the remarks ahead of the Executive Council meeting this morning and explained t... |
Talent scheme attracts basketball star13-11-2023
Stephon Marbury, a former National Basketball Association (NBA) player, visited the Hong Kong Talent Engage office yesterday to apply for the Top Talent Pass Scheme. Secretary for Labour & Welfare Chris Sun met him and welcomed his application. Mr Marbury then learnt more abo... |
FS attends APEC meeting14-11-2023
Financial Secretary Paul Chan attended the Asia-Pacific Economic Cooperation Finance Ministers' Meeting in San Francisco, the United States, yesterday. In various sessions and forums, ministers discussed issues relating to the global economy and future development trends. &n... |
R&D scheme open to applications13-11-2023
The Innovation & Technology Commission is inviting applications to the 2023-24 Guangdong-Hong Kong Technology Cooperation Funding Scheme until January 12. The commission explained that the scheme enables diverse and high-quality research and development (R&D) projects to be under... |
FS attends meetings in US13-11-2023
Financial Secretary Paul Chan yesterday attended various meetings in San Francisco ahead of the Asia-Pacific Economic Cooperation Finance Ministers’ Meeting, due to take place in the city today. In the morning, Mr Chan attended the Finance Ministers' Retreat, which was hosted by US Secretary of the Tre... |
FS to attend APEC meetings in US10-11-2023
Financial Secretary Paul Chan will depart for the US tomorrow to attend the Asia-Pacific Economic Cooperation Finance Ministers' Meeting on November 12 and 13, and attend the APEC Economic Leaders' Meeting on behalf of the Chief Executive from November 15 to 17. ... |
Sun Dong attends Internet forum9-11-2023
Secretary for Innovation, Technology & Industry Prof Sun Dong today shared Hong Kong’s latest progress in promoting the development of innovation and technology (I&T) and the digital economy at an Internet forum in Zhejiang. He gave a speech at the Cross-Strait, Hong Kong & Macau Internet D... |
Sun Dong attends Internet summit8-11-2023
Secretary for Innovation, Technology & Industry Prof Sun Dong today began his visit to Zhejiang by attending the opening ceremony and plenary session of the 2023 World Internet Conference Wuzhen Summit in Wuzhen. Under the theme of creating an inclusive and resilient digital world, the event is hoste... |
AI firms keen to come to HK8-11-2023
We all know the complex and challenging investment environment facing us today. Julia (Julia Leung, Securities & Futures Commission Chief Executive Officer) has already alluded to this in her address just now.
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Christopher Hui departs for BJ8-11-2023
Secretary for Financial Services & the Treasury Christopher Hui will depart for Beijing this evening to attend a parallel forum on the Belt & Road Initiative at the Annual Conference of the Financial Street Forum 2023. The parallel forum will be held on November 9, with the theme of pro... |
HK expects 3% GDP growth: FS7-11-2023
I wish to update you on two subjects. One relates to Hong Kong’s capital market development in terms of fund flows, and the other is about Hong Kong’s economy. On the first subject, it is about Hong Kong’s unique role in our country’s prudent and orderly opening of its capital market, enabling th... |
HK offers long-term promise7-11-2023
As some of you will recall, I called last year’s inaugural edition (of the Global Financial Leaders’ Investment Summit) the “Hong Kong Onstage Again Summit”. Well, a year later, and Hong Kong is not merely onstage. We are at the centre of the world stage, creating opportunities for a world of bus... |
Tech chief to attend Internet summit6-11-2023
Secretary for Innovation, Technology & Industry Prof Sun Dong will depart for Wuzhen, Zhejiang tomorrow to attend the 2023 World Internet Conference Wuzhen Summit. The event takes the creation of an inclusive and resilient digital world at its theme. It is being hosted by the World Internet Conferenc... |
Details of fintech measures published6-11-2023
The Financial Services & the Treasury Bureau today published details of the three major initiatives to foster the co-development of fintech and real economy announced at FinTech Week’s main conference on November 2 for better understanding by all stakeholders. Secretary for Financial Service... |
CE attends import expo in Shanghai5-11-2023
Chief Executive John Lee today attended the sixth China International Import Expo (CIIE) and relevant events as he continued his visit in Shanghai. |
CE begins Shanghai visit4-11-2023
Chief Executive John Lee began his visit in Shanghai today where apart from meeting Hong Kong people, representatives of Hong Kong enterprises and government officials there, he witnessed the signing of co-operation agreements and memoranda of understanding. Upon arrival in Shanghai at noon, Mr Lee met a... |
ICT Awards winners lauded3-11-2023
The Hong Kong ICT Awards 2023 presentation ceremony was held today to recognise and promote outstanding local information and communications technology (ICT) inventions and applications. Deputy Financial Secretary Michael Wong presented the Award of the Year to KRIP Limited while Secretary for Inn... |
CE leads delegation to Shanghai3-11-2023
Chief Executive John Lee will tomorrow lead a Hong Kong Special Administrative Region Government delegation to Shanghai, where he will attend the sixth China International Import Expo. The delegation will include Financial Secretary Paul Chan, Secretary for Commerce & Economic Development Algernon Ya... |
Cross-boundary public services set2-11-2023
Secretary for Innovation, Technology & Industry Prof Sun Dong and People's Government of Guangdong Province Deputy Secretary General Xu Dianhui today co-chaired the ceremony for promulgation of the Hong Kong/Guangdong Cross-boundary Public Services Co-operation Achievements. The ceremony announced th... |
FPS to be allowed in Thailand2-11-2023
I am delighted to be here, once again, for Hong Kong Fintech Week. What a global gathering this is. I am told that attendance is over 30,000 and participants come from more than 90 countries and regions, with over 30 delegations joining, either in person or virtually. The theme of this year’s Fin... |
Moves to aid fintech, economy alike2-11-2023
As part of FinTech Week 2023, the Financial Services & the Treasury Bureau today announced a series of initiatives to foster the co-development of fintech and the real economy in Hong Kong. Such initiatives include launching a new Integrated Fund Platform (IFP) and welcoming cross-boundary e-C... |
Kevin Yeung meets film officials2-11-2023
Secretary for Culture, Sports & Tourism Kevin Yeung today met film administration officials as well as Hong Kong and Mainland industry practitioners in Xiamen. In the morning, Mr Yeung met China Film Association Sub-Party Secretary Zhang Hong, China Film Administration Deputy Director-General Bai Yim... |
CE: HK a green fintech hub2-11-2023
This week and this year's Hong Kong FinTech Week, the eighth annual edition, features more than 500 speakers, 650 exhibitors and thousands of participants from over 90 economies, here in person and online everywhere. This is a flagship event of the Hong Kong Special Administrative Region Government, and we asp... |
Kevin Yeung meets Xiamen officials1-11-2023
Secretary for Culture, Sports & Tourism Kevin Yeung today met Xiamen's Vice Mayor Zhuang Rongliang and Culture & Tourism Bureau Head Huang Bishan as he started his visit to the city. Apart from sharing their experiences in promoting tourism and cultural development, the officials also explored op... |
Sep retail sales up 13%1-11-2023
The value of total retail sales in September, provisionally estimated at $31.8 billion, rose 13% compared with the same month in 2022, the Census & Statistics Department announced today. After netting out the effect of price changes over the same period, the provisional estimate represents a 10.1% ye... |
HK to attend APEC meeting31-10-2023
The Hong Kong Special Administrative Region Government announced today that Hong Kong, China, according to convention, had received an invitation from the host economy to attend the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting scheduled to be held between November 15 and 17 in the US ci... |
Investment promotion work explained31-10-2023
Secretary for Commerce & Economic Development Algernon Yau today hosted a reception for some 150 representatives of consulates and local and foreign chambers of commerce. He updated his guests on the Government’s investment promotion work as well as the commerce and trade initiatives in the Chief E... |
HK unlocking opportunities ahead31-10-2023
Today, we are here under the theme, “Navigating complexity and unlocking opportunities”. Everyone in this room, I believe, has become an expert navigator of complexity over these last several years. It is time now to begin “unlocking opportunities”. The global economy is still working through its... |
$177.7b deficit logged31-10-2023
The Government today announced that it recorded a $177.7 billion deficit for the first six months of the current financial year. Expenditure for April to September was $355.6 billion and revenue was $131.3 billion. A deficit was recorded after taking into account the proceeds of $46.6 billion received fr... |
Mortgage loans down 28.4%31-10-2023
Residential mortgage loans approved in September decreased 28.4% compared with August to $25.5 billion, the Monetary Authority announced today. Mortgage loans financing primary market transactions dropped 32.1% to $3.2 billion, while those financing secondary market transactions fell 35.4% to $9.3 billio... |
Economy grows 4.1% in Q331-10-2023
Hong Kong’s economy continued to expand in the third quarter of 2023, registering a 4.1% increase from a year earlier, the Census & Statistics Department announced today. According to the advance estimates on gross domestic product (GDP) for the third quarter, on a seasonally adjusted quarter-to-qu... |
HK Talent Engage office opens30-10-2023
The Hong Kong Talent Engage office (HKTE) opened today to strengthen recruitment of and support for talent to pursue development in Hong Kong. Officiating at the opening ceremony, Chief Secretary Chan Kwok-ki said the results of the current-term Government’s measures to trawl for talent spoke for thems... |
Measures to support SMEs explained30-10-2023
Secretary for Commerce & Economic Development Algernon Yau briefed members of the Trade & Industry Advisory Board on the commerce and trade initiatives in the Chief Executive’s 2023 Policy Address at a meeting today. Mr Yau noted that the Chief Executive has outlined a range of measures in the ... |
InnoCarnival displays tech successes28-10-2023
InnoCarnival 2023, organised by the Innovation & Technology Commission, opened today at the Science Park and will run until November 5. Under the theme “Go Smart! Go Tech! Go Green!”, this year’s event features exhibits representing local innovation and technology (I&T) achievements.... |
GBA fintech internship scheme opens27-10-2023
The Government today launched an internship scheme offering more than 150 positions for post-secondary students at over 30 fintech companies in Hong Kong and three Mainland cities in the Greater Bay Area (GBA). Secretary for Financial Services & the Treasury Christopher Hui said the GBA Fintech Tw... |
Right time to ease property measures25-10-2023
(To watch the full press conference with sign language interpretation, click here.) Chief Executive John Lee today said the Government made the decision to adjust the demand-side management measures for residential properties after assessing both the local situation and global factors on the prope... |
HK to enhance int’l shipping, aviation25-10-2023
Chief Executive John Lee outlined a detailed plan for achieving the Government’s goal of enhancing Hong Kong’s position as a superhub for international shipping and aviation while delivering this year’s Policy Address. Apart from noting that Hong Kong is a free port characterised by fast customs cl... |
HK market strengths to be reinforced25-10-2023
The Government will continue to reinforce and enhance Hong Kong’s status as an international trade and financial centre, tapping opportunities in the nation’s development and the eastward shift of global economic gravity, Chief Executive John Lee said today in his 2023 Policy Address. While maintaini... |
Govt set to revitalise tourism25-10-2023
The Government will publish a new version of a blueprint next year with the aim of making enhancements in various aspects to complement tourism development, Chief Executive John Lee said today. Delivering his second Policy Address at the Legislative Council, Mr Lee explained that the Government will cons... |
Talent Engage office set for Oct 3025-10-2023
The Government today announced that the physical office of Hong Kong Talent Engage (HKTE) will be formally established on October 30 with Anthony Lau as its Director. An initiative unveiled by the Chief Executive in the Policy Address, HKTE will provide support for incoming talent, formulate talent attra... |
City to sustain competitive edge: CE25-10-2023
Hong Kong continues to create strong impetus for growth but must sustain its efforts in view of fierce global competition, Chief Executive John Lee said today in his 2023 Policy Address as he outlined initiatives to attract enterprises, investment and talent to Hong Kong. Mr Lee stressed that measures la... |
$10b to promote new industrialisation25-10-2023
The Government, as part of its strategy under the Hong Kong Innovation & Technology (I&T) Blueprint, will earmark $10 billion to launch a scheme to promote new industrialisation in the city. Chief Executive John Lee made the announcement while delivering his Policy Address, stressing that the Gov... |
Over 7k email addresses leaked20-10-2023
Hongkong Post today announced that it has identified a data security issue involving its account holders, in which an unauthorised party obtained 7,249 email addresses registered with the department. Hongkong Post said the unauthorised party made countless attempts through its electronic service function... |
Inflation at 2% in September20-10-2023
Consumer prices increased by 2% in September year-on-year, a larger rise than that registered in August, the Census & Statistics Department announced today. Netting out the effects of the Government’s one-off relief measures, the underlying inflation rate was 1.8%, also larger than that seen in Aug... |
Kevin Yeung meets Thai officials20-10-2023
Secretary for Culture, Sports & Tourism Kevin Yeung began a visit to Thailand this afternoon by meeting the country’s Minister of Culture Sermsak Pongpanit and Tourism Authority of Thailand Deputy Governor Chattan Kunjara Na Ayudhya to discuss exchanges in the areas of culture and tourism. Mr Yeung... |
Alert issued on fake Octopus card site19-10-2023
The Monetary Authority today alerted the public to a press release issued by Octopus Cards regarding a phishing email, fraudulent websites and mobile apps. People are advised to be vigilant against a phishing email sent from the account do-not-reply@bling[.]com[.]br with links to unauthorised webs... |
CE: HK in step with Belt-Road plans19-10-2023
Chief Executive John Lee said today that the eight actions announced by President Xi Jinping to support co-operation on the Belt & Road Initiative will offer Hong Kong more opportunities to contribute and benefit from the initiative and that the city will boost its efforts in parallel with steps taken nati... |
FS attends signing ceremony19-10-2023
Financial Secretary Paul Chan witnessed the signing of the Cooperation Framework Agreement between the Hong Kong Monetary Authority (HKMA) and the Silk Road Fund (SRF) in forming a Belt & Road investment platform in Beijing this morning. Under the co-operation framework agreement, the HKMA and... |
Tech scheme applications open18-10-2023
The Innovation & Technology Commission launched the Research, Academic & Industry Sectors One-plus Scheme, and applications can be submitted from today to November 30. Eligible universities are welcome to apply. The commission said in order to promote commercialisation of research and deve... |
Tax-certainty bill published18-10-2023
The Inland Revenue (Amendment) (Disposal Gain by Holder of Qualifying Equity Interests) Bill 2023 will be published in the Gazette on October 20 and introduced in the Legislative Council on November 1. The bill seeks to provide greater certainty of non-taxation of onshore gains on disposal of equity inte... |
Kevin Yeung to visit Thailand18-10-2023
Secretary for Culture, Sports & Tourism Kevin Yeung will depart for Bangkok, Thailand, on Friday to meet Thai officials and attend cultural activities. In addition to meeting senior officials of Thailand's Ministry of Culture and Ministry of Tourism & Sports, Mr Yeung will join the opening ceremo... |
Event to explore new era in fintech18-10-2023
Hong Kong FinTech Week 2023 will be held from October 30 to November 5, with “Fintech Redefined” as its theme. The event will bring together global leaders and fintech innovators to explore the future development of fintech under six key themes. The themes are: global regulations and foc... |
CE speaks at Belt-Road Forum17-10-2023
Chief Executive John Lee led a high-level Hong Kong Special Administrative Region delegation to attend the CEO Conference of the third Belt & Road Forum for International Cooperation in Beijing today, where he also delivered a speech at the conference's plenary meeting. Jointly organised by the China... |
FS attends IMF, World Bank meetings14-10-2023
Financial Secretary Paul Chan attended annual meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Marrakesh, Morocco yesterday as a member of the Chinese delegation. The meetings brought together ministers of finance, heads of relevant agencies, representatives of central ... |
John Lee to tell HK’s good stories13-10-2023
What a decade it's been. Brought to inspired life by President Xi Jinping, the Belt & Road has long belonged to the world. At last count, more than 150 countries and regions, and 30 international organisations have signed Belt & Road co-operation agreements and related documents. Earlier this wee... |
HK, Jiangsu sign co-operation pact13-10-2023
Chief Executive John Lee today held a high-level meeting with CPC Jiangsu Provincial Committee Secretary Xin Changxing in Hong Kong and both officials witnessed the signing of bilateral agreements for promoting joint developments. Mr Lee said at the meeting that both Hong Kong and Jiangsu are important t... |
Tax exemption bill to be gazetted11-10-2023
The Hong Kong Special Administrative Region Government said today it will propose an amendment bill to refine Hong Kong's foreign-sourced income exemption (FSIE) regime by expanding the scope of its coverage. In relation to foreign-sourced disposal gains, the expanded regime would cover assets other than share... |
Belt-Road white paper welcomed11-10-2023
Peace and Prosperity on the Belt & Road is the resonating theme of today’s conference. I am grateful to CM Chan, President of the Law Society of Hong Kong, for his considered address on today’s theme and the critical role of law in ensuring peace and prosperity. President Xi Jinping attaches grea... |
FS to attend meetings in Morocco11-10-2023
Financial Secretary Paul Chan will depart for Marrakesh, Morocco tonight to attend the annual meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) as a member of the Chinese delegation. The annual meetings bring together ministers of finance and development, representatives of... |
Science collaboration meeting held10-10-2023
Secretary for Innovation, Technology & Industry Prof Sun Dong and Vice Minister of Science & Technology Prof Zhang Guangjun today co-chaired the 17th meeting of the Mainland/Hong Kong Science & Technology Co-operation Committee in Hong Kong. Both sides also witnessed Cyberport being awarded a... |
SME services enhanced10-10-2023
Secretary for Commerce & Economic Development Algernon Yau today officiated at the opening ceremony of a sourcing fair that aims to assist small and medium-sized enterprises (SMEs) in undertaking technology transformation and enhancing competitiveness. The two-day SME ReachOut: Tech+ SME Sourcing ... |
CE: HK key to regional connectivity9-10-2023
I would like to offer my sincerest gratitude for your confidence in Asia’s world city, for joining us in person here in Hong Kong, and some online because of the typhoon. Typhoons are no stranger to coastal countries and cities throughout Asia. Every time, we show resilience and join hands to overcome ... |
iAM Smart counter set up in Qianhai9-10-2023
The Office of the Government Chief Information Officer (OGCIO) today announced the setting up of a second iAM Smart registration service counter on the Mainland to enable Hong Kong citizens working and living on the Mainland to register for or upgrade to iAM Smart+. The new counter is located at t... |
1.1m Mainland visitors recorded7-10-2023
The Immigration Department recorded a total of around 1.1 million Mainland visitors coming to Hong Kong through sea, land and air control points during the eight-day National Day Golden Week. The Government today said the number matched the estimate made before the holidays of around one million visitors... |
Wealth converging on GBA: FS6-10-2023
For Hong Kong's asset and wealth management industry, it remains strong and resilient. Although we saw a drop in assets under management (AUM) last year – though still at US$4 trillion it was consistent with the market returns in 2022. And we continued to be Asia's premier booking centre in terms... |
13 pre-sale consents issued in Q36-10-2023
The Lands Department issued 13 pre-sale consents for residential developments, involving a total of 8,993 units, in the third quarter of this year. Three developments, comprising 4,146 units, in Tuen Mun, Kai Tak and Yuen Long, are expected to be completed next year. Four developments, consisting of 3,18... |
Green bond allocations revealed6-10-2023
The Government today announced the subscription and allocation results for its latest batch of retail green bonds. In all, 321,018 valid applications were received for a total of around $30 billion in principal amounts of bonds. Of these applications, 184,021 seeking eight or fewer units will be al... |
Police, SFC join forces4-10-2023
Police today announced the establishment of a joint working group with the Securities & Futures Commission (SFC) to enhance collaboration in monitoring and investigating illegal activities related to Virtual Asset Trading Platforms. (VATPs). Formed after a high-level meeting of the two parties on Sep... |
Fintech initiatives discussed4-10-2023
Secretary for Financial Services & the Treasury Christopher Hui today chaired the third meeting of the Coordination Group on Implementation of Fintech Initiatives. During the meeting, he conducted exchanges with representatives from the financial regulators, fintech sector, academia and research inst... |
Govt, enterprises sign pact4-10-2023
The Office for Attracting Strategic Enterprises (OASES) launched the OASES Partnership today. At the launch ceremony witnessed by Chief Executive John Lee and Financial Secretary Paul Chan, OASES signed an agreement with the first batch of strategic enterprises setting up or expanding their businesses in... |
FS: HK seizing green opportunities4-10-2023
Green is a global agenda. Governments around the world are putting a priority on carbon reduction and net-zero transition plans. Our country has set the “3060” target, and green transition is central to the pursuit of high-quality development, as highlighted at the 20th National Congress of the Communist P... |
Enhanced iAM Smart set to launch3-10-2023
A new version of iAM Smart featuring real-time, practical information relating to daily life will launch on October 9, the Office of the Government Chief Information Officer (OGCIO) announced today. Members of the public will be able to browse information on local real-time weather and traffic con... |
National Games office established3-10-2023
The Culture, Sports & Tourism Bureau announced today the setting up of a co-ordination office to carry out planning and implementation work for the upcoming National Games, National Games for Persons with Disabilities and National Special Olympic Games. The National Games Coordination Office, led by ... |
Farming carnival marks National Day1-10-2023
Financial Secretary Paul Chan today officiated at the opening ceremony of the Happy Hong Kong: National Day Celebration Carnival at Yuen Long FarmKet. Organised by the Agriculture, Fisheries & Conservation Department, the Fish Marketing Organization, the Vegetable Marketing Organization and Yuen Long... |
Unite to scale new heights1-10-2023
Today, I am very pleased to celebrate with you the 74th anniversary of the founding of the People’s Republic of China. Our world and our times are undergoing historic changes in ways like never before. Despite the increasingly intricate and grave strategic environment, our country continues to achieve ... |
August retail sales up 13.7%29-9-2023
The value of total retail sales in August, provisionally estimated at $32.4 billion, rose 13.7% compared with the same month in 2022, the Census & Statistics Department announced today. After netting out the effect of price changes over the same period, the provisional estimate represents an 11% year... |
Mortgage loans up 26.9%29-9-2023
Residential mortgage loans approved in August increased 26.9% compared with July to $35.6 billion, the Monetary Authority announced today. Mortgage loans financing primary market transactions dropped 19.8% to $4.7 billion, while those financing secondary market transactions rose 7.6% to $14.4 billion. |
Tech scheme forum held28-9-2023
The Innovation & Technology Commission today held a forum to announce to universities the official launch of the Research, Academic & Industry Sectors One-plus Scheme in mid-October. The Chief Executive announced the scheme, which aims to incentivise collaboration among Hong Kong’s industrial, ... |
HK transforming for better tomorrow28-9-2023
I am pleased today to bring you up to date on recent government initiatives and policy plan. Engagement with Europe As you know, I returned only yesterday afternoon from Europe. We began in Paris, moved on to London, then to Berlin and, from there, to Frankfurt, Germany's financial centre. &nb... |
HK maintains finance hub ranking28-9-2023
Hong Kong maintained fourth place globally in the Global Financial Centres Index 34 Report published today by Z/Yen from the UK and the China Development Institute from Shenzhen. The Government said Hong Kong's overall rating increased notably, with the global rankings in the four areas of business envir... |
Wealth management link upgraded28-9-2023
The Hong Kong Special Administrative Region Government today welcomed a decision to further enhance the Guangdong-Hong Kong-Macao Greater Bay Area Cross-boundary Wealth Management Connect Pilot Scheme. The decision was jointly announced by the People's Bank of China, the National Administration of Financ... |
HK ranks among top in innovation27-9-2023
The Shenzhen-Hong Kong-Guangzhou science and technology cluster ranked second globally for four consecutive years in the Global Innovation Index 2023 published by the World Intellectual Property Organization. Hong Kong's ranking remains fifth in Asia and 17th globally among 132 economies. As regard... |
Embrace fintech with caution: FS27-9-2023
Financial Secretary Paul Chan today said that while financial innovation is to be embraced, the public should beware of the risks associated with making transactions on unlicensed platforms. Speaking to reporters after returning from his visit to Europe, Mr Chan noted the Government was of the view that ... |
FS meets ECB President in Frankfurt27-9-2023
Financial Secretary Paul Chan proceeded to Frankfurt from Berlin yesterday to call on European Central Bank President Christine Lagarde and Deutsche Bank President James von Moltke. Mr Chan briefed Madame Lagarde on the latest economic and financial market developments in Hong Kong, and shared with her h... |
FS visits German businesses in Berlin26-9-2023
Financial Secretary Paul Chan yesterday visited an artificial intelligence company and an insurance technology firm, and met representatives from European family offices, as he began a trip to Berlin. On the two company visits, Mr Chan learnt about the German firms’ operations and development plans, an... |
Christopher Hui attends AIIB meeting26-9-2023
Secretary for Financial Services & the Treasury Christopher Hui attended the Eighth Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) in Sharm El Sheikh, Egypt, yesterday. |
August exports value down 3.7%26-9-2023
The value of Hong Kong’s total exports decreased to $358.3 billion in August, down 3.7% on the same month last year, the Census & Statistics Department announced today. The value of goods imports decreased 0.3% to $383.9 billion for the same period. A trade deficit of $25.6 billion, or 6.7% o... |
Innovation showcase coming soon26-9-2023
The Innovation & Technology Commission will stage InnoCarnival 2023 from October 28 to November 5 to showcase local innovation and technology (I&T) achievements. Themed “Go Smart! Go Tech! Go Green!”, the event will be held at the Science Park and forms part of the Happy Hong Kong campaign. B... |
HK's financial advantages promoted25-9-2023
Secretary for Financial Services & the Treasury Christopher Hui met Egypt Minister of Finance Mohamed Maait, in Sharm El Sheikh, Egypt, on September 24 to highlight Hong Kong’s strengths in bond issuance and connectivity with the Mainland capital market. Mr Hui elaborated on how Egypt could make us... |
FS visits London's Elizabeth line24-9-2023
Financial Secretary Paul Chan yesterday visited Paddington Station to better understand the operation of London's Elizabeth line, a rail link run by an MTR Corporation subsidiary which recently won an award for its service on the line. The Elizabeth line, fully operational since May 2022, spans a 128-km ... |
FS visits biomedical firm in UK23-9-2023
Financial Secretary Paul Chan yesterday visited a biopharmaceutical company and the Royal College of Art, and attended a lunch hosted by the China-Britain Business Council, as part of his ongoing trip to London. Mr Chan visited AstraZeneca and met the company’s senior management to learn about its drug... |
FS meets financial sector in London22-9-2023
Financial Secretary Paul Chan held a roundtable meeting with The CityUK Leadership Council, an industry-led body representing UK-based financial services, on day two of his visit in London. |
Algernon Yau joins KL business forum21-9-2023
Secretary for Commerce & Economic Development Algernon Yau today promoted Hong Kong's distinctive advantages and favourable business environment under "one country, two systems" to Malaysian startups and investors in Kuala Lumpur, Malaysia. He attended the China (Shenzhen, Hong Kong) - ASEAN (Kuala L... |
HK business promoted in Qatar21-9-2023
Secretary for Financial Services & the Treasury Christopher Hui today spoke at a luncheon hosted by the Qatar Financial Centre (QFC) and met local business leaders in Doha, Qatar. He encouraged Qatari financial institutions and enterprises to leverage Hong Kong’s unique advantages under “one coun... |
FS arrives in London21-9-2023
Financial Secretary Paul Chan arrived in London yesterday, following his visit to France earlier this week. Upon arriving, he joined around 400 leaders and professionals from different sectors of the UK economy in attending the Hong Kong Dinner, hosted by the Hong Kong Trade Development Council in London... |
Inflation at 1.8% in August21-9-2023
Consumer prices rose by 1.8% in August year-on-year, virtually the same as in July, the Census & Statistics Department announced today. Netting out the effects of the Government's one-off relief measures, the underlying inflation rate was 1.5%, slightly lower than July’s 1.6%. Compared with A... |
Golden Week travel measures set20-9-2023
Secretary for Culture, Sports & Tourism Kevin Yeung today hosted a meeting to follow up on the preparation work carried out by various government departments for the arrival of visitors to Hong Kong during the National Day Golden Week.
Mr Yeung said the Government... |
FS promotes HK in Paris20-9-2023
On day two of his visit in France, Financial Secretary Paul Chan attended the Think Business Think Hong Kong events organised by the Hong Kong Trade Development Council (HKTDC). |
CE meets investment leaders19-9-2023
Chief Executive John Lee today met Chairman and Chief Executive Officer of China Investment Corporation (CIC) Peng Chun and members of the corporation’s International Advisory Council.
Mr Lee welcomed the corporation's hosting of the CIC Forum in Hong Kong tom... |
HK among top freest economies19-9-2023
Hong Kong continues to rank among the top in the Economic Freedom of the World 2023 Annual Report published by the Fraser Institute, coming in second place globally. Among the five assessment areas in the 2023 report, the city continued to rank top in “Freedom to trade internationally”, and third glo... |
Paul Chan begins visit to Paris19-9-2023
Financial Secretary Paul Chan began his visit to France where apart from touring enterprises and a startup campus in Paris, he attended a business networking reception and met young Hong Kong musicians and cultural workers there. Yesterday morning, Mr Chan visited two leading French enterprises and toure... |
CE conveys concern over JPEX case19-9-2023
Chief Executive John Lee stressed that the incident regarding JPEX reflects the necessity for a proper regulatory system for virtual assets trading and made it clear that the Government will do more to educate investors. Mr Lee made the statement ahead of today’s Executive Council meeting, saying that ... |
Algernon Yau to promote HK in KL19-9-2023
Secretary for Commerce & Economic Development Algernon Yau will depart for Kuala Lumpur, Malaysia, tomorrow to attend the “China (Shenzhen, Hong Kong) - ASEAN (Kuala Lumpur) Emerging Industries Partnering Conference”. Jointly organised by the Shenzhen Municipal People’s Government, the Commerce... |
National Day offers to be rolled out19-9-2023
The Government and different sectors of the community will roll out a rich array of activities and special offers including half-price movie tickets for members of the public to share the joy of National Day. Movie fans can enjoy 50% off commercial cinema tickets all day on October 1. |
Christopher Hui to visit Qatar, Egypt18-9-2023
Secretary for Financial Services & the Treasury Christopher Hui will leave Hong Kong tomorrow on a visit to Qatar and Egypt, and will return to the city on September 27. Mr Hui will visit Doha to strengthen Hong Kong’s ties with Qatar. While in Egypt, he will attend a meeting of the Board of Direct... |
Interns expand career horizons14-9-2023
The Scheme on Corporate Summer Internship on the Mainland & Overseas, organised by the Home & Youth Affairs Bureau, has resumed after the COVID-19 pandemic in collaboration with 24 large corporates each offering internship placements lasting no less than six weeks, with 234 students having successfully... |
FS to visit Europe15-9-2023
Financial Secretary Paul Chan will depart for Paris, France, tomorrow night to begin his visit to Europe covering Paris, London, Berlin and Frankfurt. During his stay in Paris from September 17 to 19, Mr Chan will attend Think Business Think Hong Kong, a mega promotion campaign organised by the Hong Kong... |
HK role unique in Belt-Road14-9-2023
Secretary for Financial Services & the Treasury Christopher Hui today said with its robust financial ecosystem, Hong Kong is uniquely positioned to contribute to the Belt & Road Initiative. He added that Hong Kong's participation in the initiative enables the city to explore new opportunities for... |
Night Vibes HK Campaign launched14-9-2023
The Government today announced the start of the “Night Vibes Hong Kong” Campaign featuring different sectors of the community playing their part in staging a wealth of diversified night-time events with local characteristics across the city starting from mid-September. Financial Secretary Paul... |
Belt-Road Summit opens13-9-2023
The eighth Belt & Road Summit opened in Hong Kong, attracting nearly 6,000 representatives from Belt & Road-related countries and regions. With the theme “Prospering on a Decade of Collaboration”, this year’s summit commemorates the 10th anniversary of the Belt & Road Initiative. ... |
Vice premier’s summit speech lauded13-9-2023
Chief Executive John Lee expressed his gratitude to Vice Premier Ding Xuexiang for his speech at the eighth Belt & Road Summit that opened in Hong Kong today and his strong support for the event. In his speech, Mr Ding summarised the fruitful achievements made in promoting the Belt & Road In... |
FS: Belt & Road has benefits for all13-9-2023
The Belt & Road, an inspiring initiative brought to brilliant life by President Xi Jinping, is celebrating its 10th anniversary. It is a timely opportunity to take stock of what the Belt & Road has realised in its first decade, and what it can accomplish in the years to come. Building on the spir... |
Belt & Road Summit attracts leaders13-9-2023
This eighth edition of the Belt & Road Summit promises to be particularly special. An anniversary year is always memorable. This year, we welcome the 10th anniversary of the Belt & Road Initiative. The Initiative is an inspired strategy designed to bring countries, economies, businesses and peopl... |
Hong Kong set to tell its story11-9-2023
I am happy to share with you a few thoughts on the state of our legal system. As you all know, it is based on the common law system. This ensures fair hearing rights. Equally important is that our institutional setup continues to ensure access to justice. And the judiciary exercises its power independently. Ou... |
Relief fund for farmers, fishermen11-9-2023
Local farmers, fish farmers and fishermen who suffered serious losses caused by the recent rainstorm disaster can register for assistance from an emergency relief fund from September 12 to 20. The Agriculture, Fisheries & Conservation Department made the announcement today and explained that its prel... |
Meeting on HK-SZ tech park held7-9-2023
Secretary for Innovation, Technology & Industry Prof Sun Dong and Shenzhen Vice Mayor Wang Shourui today co-chaired, in Hong Kong, the 10th meeting of the Joint Task Force on the Development of the Hong Kong-Shenzhen Innovation & Technology Park in the Loop. Noting that a Development Plan for the... |
HK Science Park SZ Branch opens7-9-2023
Chief Executive John Lee today attended the opening ceremony, via video conferencing, of the Hong Kong Science Park Shenzhen Branch, witnessing another important milestone in innovation and technology (I&T) co-operation between Hong Kong and Shenzhen. The ceremony, held in Shenzhen, was attended by D... |
Algernon Yau attends GBA forum7-9-2023
Secretary for Commerce & Economic Development Algernon Yau promoted the vast business opportunities brought about by the Greater Bay Area development at a conference in Munich, Germany, on September 6. More than 400 participants were drawn to the Greater Bay Area & Europe Economic & Trade Co-... |
Govt to issue retail green bonds5-9-2023
(To watch the full press conference with sign language interpretation, click here.) The Government today announced the launch of a new batch of retail green bonds under the Government Green Bond Programme for Hong Kong residents’ subscription, at a denomination of $10,000. During th... |
Property sales up 5.3%5-9-2023
The Land Registry recorded 4,660 sale and purchase agreements for all building units received for registration in August, up 5.3% compared with July, but 11% lower year-on-year. The total consideration for such agreements increased 5.8% from July to $34.9 billion in August, while a 61.9% year-on-year dec... |
Kevin Yeung lauds Chow Yun-fat5-9-2023
Secretary for Culture, Sports & Tourism Kevin Yeung today congratulated Hong Kong actor Chow Yun-fat on winning the Asian Filmmaker of the Year award at the 28th Busan International Film Festival. The award is granted to Asian filmmakers who have made significant contributions to the advancement of t... |
Farmer relief fund to open4-9-2023
Local farmers and fish farmers who suffered serious losses caused by recent Typhoon Saola can register for assistance from an emergency relief fund, the Agriculture, Fisheries & Conservation Department announced today. They may register from tomorrow until September 13. The department said its... |
Algernon Yau to visit Germany3-9-2023
Secretary for Commerce & Economic Development Algernon Yau will depart for Munich, Germany, tomorrow to attend the Guangdong, Hong Kong & Macao Greater Bay Area (GBA) - Europe Economic & Trade Cooperation Exchange Conference. The conference is jointly organised by the Department of Commerce o... |
Financial review report welcomed1-9-2023
The Government today welcomed the publication of the 14th annual report from the Process Review Panel for the Accounting & Financial Reporting Council (AFRC). In the 14th review period, the panel reviewed the AFRC’s work in 2021 under its statutory functions, namely inspection, investigation... |
Professional services funding opens1-9-2023
The Professional Services Advancement Support Scheme has opened a new round of applications for funding from non-profit-distributing organisations, running from today until November 30. Eligible organisations include professional bodies, trade and industrial organisations, and research instit... |
Green bond report released31-8-2023
The Government today released its Green Bond Report 2023, which sets out how the proceeds raised from the issuance of green bonds, including the inaugural tokenised green bond issued this year, are being allocated, as well as the expected environmental benefits of the projects financed. The Government ha... |
Mortgage loans down 18.2%31-8-2023
Residential mortgage loans approved in July decreased 18.2% compared with June to $28.1 billion, the Monetary Authority announced today. Mortgage loans financing primary market transactions dropped 23.6% to $5.9 billion, while those financing secondary market transactions went down 24% to $13.4 billion.<... |
HK, Bangladesh sign tax pact30-8-2023
Secretary for Financial Services & the Treasury Christopher Hui today signed a comprehensive avoidance of double taxation agreement (CDTA) with Bangladesh on behalf of the Hong Kong Special Administrative Region Government. The CDTA, signed in Hong Kong, sets out the allocation of taxation rights bet... |
London ETO vandalism condemned30-8-2023
The Hong Kong Special Administrative Region Government today expressed strong condemnation over the vandalism committed on the premises of the Hong Kong Economic & Trade Office (ETO) in London. In a statement, the Hong Kong SAR Government pointed out that on August 29, London time, offenders, under t... |
HK expands tax pact network30-8-2023
On behalf of the Hong Kong Special Administrative Region Government, I signed a comprehensive avoidance of double taxation agreement (CDTA) with the Government of Bangladesh today. The Agreement will reduce the withholding tax rates for certain passive income in Bangladesh, which will in turn help minimise the... |
CE welcomes Shenzhen Park plan29-8-2023
Chief Executive John Lee today welcomed the central government’s promulgation of a development plan for the Shenzhen Park part of the Hetao Shenzhen-Hong Kong Science & Technology Innovation Co-operation Zone. The co-operation zone, located on both sides of the Shenzhen River, is being developed un... |
Stock market task force launches29-8-2023
The Task Force on Enhancing Stock Market Liquidity, established today, will comprehensively review factors affecting stock market liquidity and make improvement proposals to the Chief Executive, the Government has said. Chaired by Carlson Tong, the task force comprises eight other members from the... |
HK to enhance stock market liquidity27-8-2023
Chief Executive John Lee today announced that a task force aimed at improving liquidity in the stock market will be set up very soon. Mr Lee made the announcement at a media session after attending his second district forum ahead of October’s 2023 Policy Address. He said: “I think one of the (f... |
Accounting council to recruit CEO25-8-2023
The Government announced today the commencement of a global recruitment exercise for the next chief executive officer (CEO) of the Accounting & Financial Reporting Council (AFRC). |
HK set to tap Web3 potential25-8-2023
I am delighted to be here to join you for the opening ceremony of this year’s Digital Entertainment Leadership Forum, the flagship Cyberport event championing Hong Kong’s digital entertainment development since 2014. Over the past years, the forum has emerged as a leading forum in the region, present... |
Kevin Yeung lauds Andy Lau24-8-2023
Secretary for Culture, Sports & Tourism Kevin Yeung today congratulated multi-talented Hong Kong artiste Andy Lau on garnering the Special Tribute Award at the 48th Toronto International Film Festival. |
July exports value down 9.1%24-8-2023
The value of Hong Kong's total exports decreased to $345.2 billion in July, down 9.1% on the same month last year, the Census & Statistics Department announced today. The value of goods imports decreased 7.9% to $375.1 billion for the same period. A trade deficit of $30 billion, or 8% of the va... |
Park on golf site opens Sep 123-8-2023
A park located east of Fan Kam Road in Fanling Golf Course will open for public use starting at 3pm on September 1, the Leisure & Cultural Services Department announced today. The park, on the old course of the Fanling golf site, provides an inclusive park for pets, a walking trail, two five-a... |
Preparations set for holiday arrivals21-8-2023
The Culture, Sports & Tourism Bureau convened a meeting today to co-ordinate preparations for visitor arrivals to Hong Kong during the National Day Golden Week. The meeting was hosted by Secretary for Culture, Sports & Tourism Kevin Yeung. Representatives from the Customs & Excise Depar... |
HK accepts WTO fisheries agreement21-8-2023
Hong Kong, China today deposited with the World Trade Organization (WTO) its Instrument of Acceptance of the WTO Agreement on Fisheries Subsidies, the second multilateral trade agreement concluded since the WTO’s establishment and the first with environmental sustainability as the core objective. Secre... |
Proposals invited for non-profit venue21-8-2023
The Culture, Sports & Tourism Bureau is inviting proposals from non-profit-making organisations to run operations in the premises currently occupied by the Fringe Club in Central. The new lease will be for three years, starting from April 1 next year. The bureau aims to select the most suitabl... |
1.8% inflation seen in July21-8-2023
Consumer prices rose 1.8% in July year-on-year, slightly down from the 1.9% increase in June, the Census & Statistics Department announced today. Netting out the effects of the Government's one-off relief measures, the underlying inflation rate was 1.6%, also slightly lower than June’s 1.7%. ... |
Public health I&T pact signed18-8-2023
Witnessed by Secretary for Innovation, Technology & Industry Prof Sun Dong, the Department of Health and the Science & Technology Parks Corporation today signed a memorandum of understanding (MOU) to drive digital transformation in public health. The MOU is aimed at leveraging innovation and tech... |
Algernon Yau attends expo in Urumqi17-8-2023
Secretary for Commerce & Economic Development Algernon Yau attended the opening of the 2023 (China) Eurasia Commodity & Trade Expo in Urumqi, Xinjiang, today, with the goal of promoting economic and trade ties between Hong Kong and Xinjiang. This year marks the 10th anniversary of the Belt & ... |
Kevin Yeung visits Jiangmen, Zhuhai17-8-2023
Secretary for Culture, Sports & Tourism Kevin Yeung returned this afternoon from visits to Jiangmen and Zhuhai aimed at fostering collaboration in culture and tourism in the Greater Bay Area. Meeting Jiangmen Vice Mayor Lin Jiansheng and Director of the Jiangmen Municipal Bureau of Culture, Radio, Te... |
New bus routes at cruise terminal16-8-2023
Deputy Chief Secretary Cheuk Wing-hing convened the second interdepartmental meeting on improving the transportation arrangements for cruise passengers arriving at Kai Tak Cruise Terminal (KTCT). Having reviewed the facilitative measures taken during three recent ship calls, the Government and related pa... |
Tse Chin-wan joins energy meeting16-8-2023
Secretary for Environment & Ecology Tse Chin-wan attended the Asia-Pacific Economic Cooperation (APEC) Energy Ministerial Meeting themed “Creating a Resilient & Sustainable Future for All” in the US city of Seattle. Speaking at the opening plenary, Mr Tse shared with other energy ministers th... |
8th Silver Bond results out16-8-2023
The Government today announced the eighth Silver Bond’s subscription and allocation results. |
Algernon Yau to attend ASEAN forum15-8-2023
Secretary for Commerce & Economic Development Algernon Yau will depart Hong Kong tomorrow to take part in a trade expo in Xinjiang and the Association of Southeast Asian Nations Economic Ministers (ASEAN) meeting in Indonesia. During his stay in Urumqi, Xinjiang, Mr Yau will attend the 2023 (China) E... |
Kevin Yeung to visit bay area cities15-8-2023
Secretary for Culture, Sports & Tourism Kevin Yeung will depart for Jiangmen and Zhuhai tomorrow. Mr Yeung will call on the Jiangmen Municipal People’s Government and the Jiangmen Municipal Bureau of Culture, Radio, Television, Tourism & Sports, followed by the Zhuhai Municipal People's Governm... |
New ball games popularised11-8-2023
In its quest to encourage residents to participate in different sports, the Leisure & Cultural Services Department has launched the Pilot Scheme on Subvention for New Sports with the goal of supporting the efforts of local sports organisations to promote new sports. Kin-Ball is one such sport ... |
Kevin Yeung optimistic on tourism12-8-2023
Secretary for Culture, Sports & Tourism Kevin Yeung said today he is confident that with concerted efforts from all sectors in Hong Kong, the city will be able to attract more tourists. Mr Yeung told reporters after speaking on a radio programme that the Government’s promotion of tourism will conti... |
Economy grows 1.5% in Q211-8-2023
(To watch the full press conference with sign language interpretation, click here.) Led by inbound tourism and private consumption, Hong Kong’s economy continued to recover in the second quarter of 2023, with real gross domestic product (GDP) growing by 1.5% from a year earlier. Presenting... |
US investment restrictions opposed9-8-2023
The Hong Kong Special Administrative Region Government today criticised the US for a series of measures unreasonably targeting Hong Kong that undermine and cause damage to normal trade and investment activities. The Hong Kong SAR Government expressed its strong objection and disapproval of the US measure... |
Securities trading channels enriched10-8-2023
The Hong Kong Special Administrative Region Government today welcomed the decision by the China Securities Regulatory Commission and the Securities & Futures Commission to jointly introduce block trading (manual trades) under the mutual market access programme. According to the joint announcement iss... |
APEC energy modelling seminar held8-8-2023
The Asia-Pacific Economic Cooperation (APEC) Workshop on Energy Modelling was held in Hong Kong via video conference today. |
Kevin Yeung meets Guizhou official8-8-2023
Secretary for Culture, Sports & Tourism Kevin Yeung today met Guizhou Vice Governor Cai Chaolin to exchange views on deepening collaboration between Hong Kong and Guizhou on cultural and tourism fronts. Mr Yeung said that the Hong Kong Special Administrative Region Government capitalises on the advan... |
Alert issued on false emails3-8-2023
The Commerce & Economic Development Bureau today alerted the public to fraudulent emails purportedly issued by the Secretary for Commerce & Economic Development's office. The emails, which falsely claim to be issued under the Secretary's instructions, contain a suspected link to a malicious file.... |
HK airport a growth engine: FS2-8-2023
I am most delighted to welcome you all today to Aviation Day 2023 at Hong Kong International Airport (HKIA). And I say this not just out of courtesy: with the COVID-19 pandemic still raging last year and planes across the region grounded, it is indeed amazing that in a quick turnaround, you all managed to fly ... |
Culture chief visits film studio2-8-2023
Secretary for Culture, Sports & Tourism Kevin Yeung toured an integrated media company in Hangzhou and Hengdian World Studios in Dongyang today as part of his trip to Zhejiang Province. Mr Yeung visited Versatile Media in Hangzhou, a company that specialises in advertising and film production, to lea... |
Public alerted to fake tax emails1-8-2023
The Inland Revenue Department today issued an alert regarding fraudulent emails purportedly issued by the department, which invite recipients to claim tax refunds. |
Latest Business News
最新商業資訊
Commerce chief ends bay area tour 5-12-2023
Secretary for Commerce & Economic Development Algernon Yau today led a delegation comprising representatives of enter...
Algernon Yau tours SZ firms 4-12-2023
Secretary for Commerce & Economic Development Algernon Yau today led a business delegation of enterprises of Belt &am...
HK-Thailand QR payment launches 4-12-2023
The Monetary Authority and the Bank of Thailand (BOT) today announced the launch of the FPS x PromptPay Link for cross-bo...
Reps of Belt-Road firms to visit GBA 3-12-2023
Secretary for Commerce & Economic Development Algernon Yau will lead a delegation of enterprises from Belt & Road...