Hong Kong Times

Hong Kong Exchanges and Clearing Launches First ETF Tracking HKEX Tech 100 Index

Hong Kong Exchanges and Clearing has seen the launch of the first exchange-traded fund tracking the HKEX Tech 100 Index, introduced by E Fund Management (Hong Kong), in a move aimed at broadening the city’s range of technology-focused in...

Hong Kong Expands Smart Immigration Clearance to Hong Kong–Zhuhai–Macao Bridge and Qingmao Port

Authorities in Hong Kong and Macao have extended facial recognition-based smart immigration clearance systems to the Hong Kong–Zhuhai–Macao Bridge and Qingmao Port, allowing document-free processing to speed up cross-border travel within...

Xi Jinping and Bangladeshi Prime Minister Discuss Expanded Cooperation on AI and Green Development

Chinese President Xi Jinping and Bangladeshi Prime Minister Tarique Rahman held talks in Beijing focused on strengthening cooperation in green development, digital technology, and artificial intelligence. The discussions also covered ali...

China Maintains Cautious Monetary Policy Stance as Central Bank Focus Shifts to Stability

The People’s Bank of China has adopted a more cautious, data-dependent approach to monetary policy, moving away from earlier easing signals. Authorities are prioritising financial stability and exchange rate management while monitoring o...

TSMC Projects Strong Semiconductor Growth as AI Drives Demand for Advanced Chips

At the 2026 China Technology Forum in Shanghai, TSMC projected strong global semiconductor market expansion driven by artificial intelligence and high-performance computing. The company said these segments are expected to account for mor...

Premier Li Qiang and Bangladesh Prime Minister Hold Bilateral Talks on Strategic Cooperation

Chinese Premier Li Qiang met with Bangladeshi Prime Minister Tarique Rahman in Beijing, where both sides discussed expanding practical cooperation and strengthening strategic trust. The meeting also reaffirmed support for multilateral en...

Chinese Power Semiconductor Manufacturers Raise Prices as AI Data Center Demand Reshapes Market

Major Chinese power semiconductor companies, including Yangjie Technology, Chongqing CR Micro, Silan Microelectronics, and NCE Power, will increase prices by 10% to 15% from July 1, 2026. The companies cite strong demand from artificial ...

TSMC Forecasts One Trillion Dollar Semiconductor Market Driven by AI and High-Performance Computing

Taiwan Semiconductor Manufacturing Company has projected that global semiconductor demand could reach one trillion dollars, driven largely by artificial intelligence and high-performance computing. The company also said AI-related applic...

Huawei Pushes AI-Driven Network Upgrade Strategy at Mobile World Congress Shanghai

Huawei has called for a broad upgrade of telecom compute-network infrastructure at the 2026 Mobile World Congress in Shanghai, proposing new frameworks for carriers to monetize artificial intelligence tokens. The company said deeper inte...

Hong Kong Fire Safety Experts Warn of Systemic Gaps Following Wang Fuk Court Blaze

University researchers and fire safety specialists are calling for regulatory reform after the Wang Fuk Court fire, arguing that current building codes focus too heavily on internal suppression systems and do not sufficiently address bro...

Hong Kong Hosts In-Home Expo 2026 Showcasing Smart Living and Senior Care Technologies

The In-Home Expo 2026 has opened at the Hong Kong Convention and Exhibition Centre with more than 900 booths focused on smart home systems, interior design, and senior living products, reflecting consumer demand trends in housing and lif...

Hong Kong Court Reviews Compensation Case in Landmark Disability Discrimination Employment Dispute

The District Court has held a compensation hearing in the case involving the late domestic worker Baby Jane Allas, following her dismissal during cancer treatment, a case that remains a key reference point for disability discrimination p...

Hong Kong Attracts Broader International Talent Pool Beyond Finance Sector, Report Finds

A new industry report shows Hong Kong is drawing a more diverse workforce beyond financial services, with most new arrivals aged between 25 and 44 and primarily coming from Mainland China, reflecting shifting patterns in the city’s labor...

Hong Kong Faces Student Housing Shortfall of More Than 147,000 Beds by 2030, Study Warns

New research projects a student accommodation deficit exceeding 147,000 beds by 2030, with rising demand prompting office-to-housing conversions, although analysts say supply will still lag behind needs across districts.

Microsoft Study Finds Hong Kong Workers Adopt Artificial Intelligence Faster Than Companies

A Microsoft report shows 19 percent of employees in Hong Kong are actively using artificial intelligence in daily work, while many firms still lack consistent leadership strategies for adoption, highlighting a gap between workplace usage...

St. Paul’s Hospital Adopts Renewable Diesel Blend to Cut Emissions by Up to 30 Percent

St. Paul’s Hospital has partnered with Shell to introduce a renewable diesel blend for boiler operations, reducing carbon dioxide emissions by up to 30 percent and marking a step toward lower-emission energy use in healthcare facilities.

Hong Kong Authorities Arrest Suspect After Discovery of 64 Endangered Animals in Residential Flat

Police have arrested a woman after 64 endangered animals, including a crocodile, iguanas, and tortoises, were found in a residential unit, prompting renewed calls for tougher enforcement against wildlife trafficking and illegal exotic pe...

Hong Kong Launches Public Consultation for Final Policy Address as Government Prepares Five-Year Plan

Chief Executive John Lee will begin a public consultation on Monday for his final policy address of the current term, gathering views from residents and businesses alongside input on Hong Kong’s first five-year plan due later in 2026.

Hong Kong Export Growth Surges Nearly 41 Percent in May on Strong Artificial Intelligence Hardware Demand

Official trade data show Hong Kong exports rose almost 41 percent in May for a second consecutive month of strong growth, driven largely by global demand for artificial intelligence-related components and signaling a sharp rebound in reg...

Hong Kong Exchanges and Clearing Launches First ETF Tracking Tech 100 Index as Tech Listings Expand

The Hong Kong Exchanges and Clearing has launched its first exchange-traded fund tracking the HKEX Tech 100 Index, widening investor access to the city’s technology sector as part of efforts to diversify liquidity and deepen the market f...

Hong Kong Electricity Tariffs Rise 34 Percent as Fuel Costs Climb and Geopolitical Tensions Persist

HK Electric has raised fuel charges by nearly 34 percent, citing continued volatility in global energy prices and heightened geopolitical risks, with analysts warning that further pressure on utility bills could persist if fuel markets r...

Hong Kong Retirees to Receive Welfare Payments in Mainland Bank Accounts Under Cross-Border Integration Plan

Starting in July, Hong Kong retirees will be able to receive government welfare payments directly into mainland Chinese bank accounts, a policy move tied to Greater Bay Area integration aimed at simplifying cross-border retirement arrang...

Hong Kong Attracts Over 53 Billion US Dollars in Foreign Direct Investment as Global Firms Expand Operations

InvestHK says 413 overseas and Mainland enterprises set up or expanded in Hong Kong in the first half of 2026, driving a 36 percent year-on-year rise in foreign direct investment and creating more than 8,600 jobs, underscoring continued ...

China Deepens Energy and Infrastructure Cooperation With Kazakhstan Under Belt and Road

China and Kazakhstan have agreed to expand cooperation on energy and pipeline infrastructure as part of Belt and Road initiatives. The partnership focuses on strengthening overland energy routes and reducing reliance on maritime transpor...

Hong Kong to Allow Cross-Border Welfare Payments to Mainland Bank Accounts From July

Starting in July, Hong Kong retirees will be able to receive welfare payments directly into mainland Chinese bank accounts. The policy is designed to improve cross-border social service delivery and support deeper integration within the ...

China Advances State-Led Industrial Strategy Through Robotics and AI Infrastructure Expansion

China is scaling up investment in robotics clusters and artificial intelligence infrastructure, including major manufacturing hubs in Shenzhen and the Yangtze River Delta. The developments are part of a broader push toward automation and...

China Strengthens Domestic Semiconductor Ecosystem Through Increased State-Backed Funding

Chinese technology companies are expanding investment in in-house semiconductor design with support from domestic funding channels. The initiative is part of broader efforts to build a self-sufficient supply chain for consumer electronic...

Chinese EV Makers Shift Toward Premium Models to Expand European Market Share

Leading Chinese electric vehicle manufacturers are targeting higher-margin premium models as they expand into European markets. The strategy is aimed at strengthening competitiveness against European luxury brands while mitigating potent...

China Records $40 Billion Battery Exports as CATL Expands Into Grid-Scale Energy Storage

China exported $40 billion worth of lithium-ion batteries in the first five months of 2026, marking a 37 percent year-on-year increase. At the same time, Contemporary Amperex Technology Co. Limited, or CATL, has completed a 3 billion yua...

China Maintains Cautious Monetary Policy as Central Bank Prioritizes Yuan Stability

The People’s Bank of China is maintaining a cautious monetary stance while continuing to manage yuan midpoint settings against the US dollar. Policymakers are focusing on liquidity support for domestic manufacturers while balancing exter...

China Signals 2026 Economic Shift Toward Consolidation in EV and Solar Industries

Chinese policymakers are moving to address excess capacity in sectors including electric vehicles and solar manufacturing by encouraging consolidation among smaller producers. The approach aims to reduce intense price competition and sup...

China Advances AI and Robotics Push as Shenzhen “Robot Valley” Drives Industrial Automation

China is accelerating industrial automation through expanding robotics clusters, including Shenzhen’s “Robot Valley” and manufacturing hubs in the Yangtze River Delta. State planners say these ecosystems are helping move production towar...

Huawei and Cambricon Gain Ground in China’s Domestic AI Chip Market

Chinese semiconductor firms including Huawei and Cambricon are increasing their share of the domestic artificial intelligence chip market as demand shifts toward locally produced hardware. The trend reflects growing enterprise reliance o...

China Approves Major Energy Storage Expansion as CATL Builds New Testing Facility

Contemporary Amperex Technology Co. Limited has completed a 3 billion yuan facility dedicated to testing large-scale energy storage systems. The investment highlights the company’s expansion beyond electric vehicle batteries into grid st...

China Telecom Commits 11.55 Billion Yuan to AI-Focused Server Infrastructure Expansion

China Telecom has announced an 11.55 billion yuan investment in high-performance server infrastructure to support rising demand for computing power. The expansion is aimed at strengthening cloud capacity for artificial intelligence devel...

Hong Kong and Fujian Sign Six Agreements to Deepen Integration in Finance and Education

Hong Kong and China’s Fujian province have signed six cooperation agreements covering finance, tourism, and education. The measures are intended to strengthen regional integration within the Greater Bay Area framework and expand cross-bo...

China’s AI Models Hit New Performance Benchmarks Amid Rapid Commercial Expansion

Chinese generative AI systems have reached new benchmarks in token usage and performance efficiency as of late May, according to official reports. Authorities say rapid commercialization of advanced AI applications is becoming a key driv...

China Tightens Industrial Policy to Consolidate Overcapacity Sectors and Curb Price Wars

China is intensifying efforts to rein in excess supply in industries such as electric vehicles and solar manufacturing by encouraging consolidation among smaller producers. Policymakers aim to reduce destructive price competition and str...

China Expands Belt and Road Energy Cooperation With Kazakhstan Pipeline Commitments

China and Kazakhstan have agreed to deepen cooperation on energy and pipeline infrastructure under the Belt and Road framework. The discussions focus on strengthening land-based energy routes and improving long-term supply security throu...

China Outlines 15th Five-Year Plan Focused on Domestic Demand and High-Quality Growth Through 2030

China’s leadership has set out priorities for its 15th Five-Year Plan covering 2026 to 2030, emphasizing high-quality growth, stronger domestic consumption, and foundational innovation. Speaking at the Annual Meeting of the New Champions...

China Adds 10 US Entities to Export Control List Over Dual-Use Technology Concerns

China’s Ministry of Commerce has placed 10 US companies on its export control list, prohibiting the export of dual-use technologies to the affected firms. The restrictions take effect immediately and are framed by authorities as a respon...

Construction Industry Council Opens AI and Smart Construction Conference in Hong Kong

The Construction Industry Council’s Global AI and Smart Construction Conference and Exhibition 2026 has opened in Hong Kong, highlighting the city’s ongoing “Year of AI” initiative. The event brings together industry stakeholders to show...

Chief Executive John Lee Ka-chiu Launches Public Consultation for 2026 Policy Address and Hong Kong Five-Year Plan

Hong Kong Chief Executive John Lee Ka-chiu has confirmed that public consultation for the 2026 Policy Address will begin on Monday, alongside feedback gathering for the city’s first Five-Year Plan. The combined process is designed to ali...

Hong Kong Tourism Board Partners with Wego to Expand Visitor Reach Across Middle East and North Africa

The Hong Kong Tourism Board has signed a partnership with online travel platform Wego to strengthen the city’s visibility in the Middle East and North Africa. The initiative aims to broaden Hong Kong’s tourism base by promoting cultural,...

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