Hong Kong Times

Singapore Investors Lead Purchases of Hong Kong Distressed Commercial Property

Singapore-based investors overtook mainland Chinese buyers in the second quarter as they increased acquisitions of distressed commercial real estate amid lower property valuations.

Zhongji Innolight Completes Hong Kong's Largest IPO of the Year

Zhongji Innolight raised HK$53.41 billion in Hong Kong's biggest initial public offering of the year, although its shares fell 2.04% on their first day of trading.

Hong Kong Accelerates Northern Metropolis Infrastructure to Support AI Development

Hong Kong officials said stronger rail and road links between the Northern Metropolis and Shenzhen are essential to support artificial intelligence industries, advanced manufacturing and cross-border supply chains.

China's Politburo Sets Second-Half Economic Priorities and Schedules Key Party Meeting

President Xi Jinping chaired a Politburo meeting that reviewed economic conditions, outlined priorities for the second half of the year and scheduled the fifth plenary session of the 20th Communist Party Central Committee for October.

US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces

US Central Command said dozens of Iranian targets were hit after missiles were fired towards US forces in Jordan, while Iranian media reported civilian deaths on Qeshm island.

The chief executive of the popular gaming company laid off many employees and his pay rose to 38 million dollars

Electronic Arts cut jobs across four studios while its chief executive, Andrew Wilson, received an eight-million-dollar increase in annual compensation.

The AI User Nightmare: Private Claude Conversations Leaked to the Internet

Hundreds of Anthropic Claude chat logs, containing medical records and internal documents, appeared in Google search results after being shared by users.

Hong Kong Home Ownership Rate Edges Up to 50.9%

Official data showed Hong Kong's home ownership rate increased to 50.9%, reflecting resilient housing demand and continued household asset accumulation despite elevated property prices.

Singapore Investors Increase Purchases of Hong Kong Office Properties

Institutional investors from Singapore expanded acquisitions of prime office assets in Hong Kong, reflecting confidence in the city's commercial property market despite broader economic uncertainty.

Hong Kong Welcomes End of US National Emergency Status

The Hong Kong government welcomed Washington's decision not to renew its Hong Kong-related national emergency status, saying the move could help support more stable trade and economic relations.

Hong Kong Stocks Hold Near 25,800 on Steady Capital Inflows

Hong Kong's benchmark stock index remained close to 25,800 as investor optimism, regional liquidity and expectations for corporate earnings continued to support the market.

International Schools in Hong Kong See Enrolment Growth

International and private schools reported rising student numbers as government talent attraction initiatives brought more overseas professionals and their families to Hong Kong.

Hong Kong Police Warn of AI Voice Scams After HK$10 Million Fraud

Police issued a public alert over increasingly sophisticated artificial intelligence voice-cloning scams after a victim lost HK$10 million through fraudulent messages impersonating trusted contacts.

Shein Faces Margin Pressure Ahead of Planned Hong Kong Listing

Fast-fashion retailer Shein reported first-quarter revenue of US$9.005 billion as tariffs and regulatory scrutiny weighed on profitability ahead of its anticipated Hong Kong initial public offering.

Hong Kong Home Prices Reach Highest Level in Two and a Half Years

Hong Kong residential property prices extended their gains for a 13th consecutive month, while rents climbed to new highs on strong demand from corporate relocations and incoming students ahead of the autumn season.

Hong Kong Approves Record HK$478 Million for University Research

The Research Grants Council approved a record HK$478 million for 12 major university projects, with artificial intelligence and data analytics among the key priorities to strengthen Hong Kong's innovation ecosystem.

Survey Shows Hong Kong Remains Key Gateway for Mainland Firms Expanding Into ASEAN

A Hong Kong Trade Development Council survey found that 80% of mainland Chinese companies view Hong Kong as an essential base for expanding into Southeast Asia, citing its financial services, legal framework and professional expertise.

China Advances Lithography Technology and Artificial Intelligence Development

Chinese technology companies continued making progress toward mass production of advanced deep ultraviolet lithography while domestic large language models, including Kimi, gained broader international enterprise evaluation.

China and European Union to Hold New Trade and Investment Talks This Autumn

China's Ministry of Commerce said Beijing and Brussels will convene a second Trade and Investment Consultation Mechanism meeting after completing more than 20 working-level discussions aimed at strengthening economic cooperation and stab...

China's New Energy Vehicle Production and Sales Top Seven Million in First Half

The China Association of Automobile Manufacturers said both production and sales of new energy vehicles exceeded seven million units during the first six months of 2026, supported by strong domestic demand and growing exports.

China Tightens Oversight of Outbound Investment With New National Security Rules

New State Council regulations that took effect in July 2026 consolidate approval procedures while introducing dedicated national security reviews and expanding oversight of personal overseas investments and corporate asset transfers.

People's Bank of China Injects Liquidity to Support Financial Markets

China's central bank conducted large-scale reverse repo operations and medium-term lending to maintain ample banking system liquidity following first-half economic growth of 4.7% year on year.

China Unveils Five-Year Renewable Energy Plan Targeting 3,500 GW Capacity by 2030

China's top economic and energy planners released the 2026–2030 renewable energy development plan, setting a target of 3,500 gigawatts of installed renewable capacity by 2030, including 2,800 gigawatts from wind and solar power to streng...

China Marks 50th Successful Launch at Wenchang Space Center

The Wenchang Spacecraft Launch Site successfully launched the Tianlian-3-01 data relay satellite aboard a Long March 7A rocket, completing its 50th successful mission and reinforcing China's expanding space launch capabilities.

Forbidden Love: China severs millions from their virtual partners

New Chinese regulations prohibit AI chatbots from forming emotional dependencies with humans, even as the nation advances hyper-realistic humanoid robotics.

Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight

A modified Airbus A350-1000ULR traveled over 23,000 kilometers from Melbourne to Toulouse, drawing millions of real-time viewers.

Independent Hong Kong Bookstores Announce Closures After National Security Investigations

Long-established independent booksellers Greenfield Book Store and Have a Nice Stay announced permanent and temporary closures following national security police investigations into alleged seditious publications, highlighting the increa...

Hong Kong Advances Tax Incentives for Funds and Family Offices

The Hong Kong government is moving forward with legislation to expand tax concessions for investment funds, family offices, and carried interest, reinforcing the city's position as an international wealth management and asset management ...

Hong Kong Launches Global Tourism Campaign After Strong Visitor Recovery

The Hong Kong Tourism Board unveiled its new "Only in Hong Kong" international marketing campaign after visitor arrivals rose 13% year on year to 26.71 million in the first half of 2026, with the initiative targeting higher-spending trav...

Hong Kong Eases Listing Rules to Attract More Technology IPOs

Hong Kong Exchanges and Clearing introduced major listing reforms, lowering market capitalization thresholds for companies with weighted voting rights and expanding confidential filing arrangements to strengthen the city's competitivenes...

Chief Executive John Lee Holds Policy Dialogue With Lawmakers

Chief Executive John Lee met with 67 Legislative Council members to strengthen cooperation between the government and legislature, with discussions focusing on economic reforms, public services, and improving administrative efficiency.

Hong Kong Exchange Fund Earns HK$134.7 Billion in First Half as HKMA Warns of Market Risks

The Hong Kong Monetary Authority reported HK$134.7 billion in first-half investment income for the Exchange Fund, driven by strong returns from overseas equities and bonds, while cautioning that artificial intelligence valuations and geo...

China's Summer Box Office Tops 50 Billion Yuan

China's summer cinema season generated more than 50 billion yuan in box office revenue as nearly 80 film releases attracted strong audiences and supported wider retail and nighttime consumer spending.

Shanghai Stock Exchange Undergoes Leadership Transition

Shanghai Stock Exchange President Cai Jianchun stepped down to assume new responsibilities within China's broader financial regulatory framework as part of an administrative leadership rotation.

IMF Raises China's 2026 Growth Forecast to 4.6%

The International Monetary Fund increased its forecast for China's economic growth to 4.6% in 2026, citing resilient industrial production and stronger-than-expected exports of high-tech manufactured goods.

Lenovo Capital Predicts Consolidation Across China's AI Robotics Industry

A Lenovo Capital executive said intensifying competition will likely trigger consolidation in China's artificial intelligence robotics sector, arguing that hardware-focused business models alone are unlikely to remain competitive.

HKG Times