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Hang Seng Index Ends First Half Lower as Global Uncertainty Weighs on Markets
Hong Kong equities finished the first half of 2026 on a weaker note, with the Hang Seng Index falling 10.73% and the Hang Seng Tech Index declining 18.92% amid geopolitical uncertainty, global portfolio rebalancing and a challenging inte...
Hong Kong Museums Draw Large Crowds During Anniversary Celebrations
The Hong Kong Palace Museum and M+ recorded strong visitor demand during the anniversary celebrations, with free admission and special exhibitions supporting government efforts to encourage cultural participation and attract more visitors.
Hong Kong Unveils New Five-Year Plan to Strengthen Finance, Trade and Innovation
The Hong Kong government will formulate a new Five-Year Plan aimed at advancing long-term economic and social development, reinforcing the city's role as an international center for finance, shipping, trade and innovation while deepening...
Hong Kong Reports Shorter Wait for Subsidized Rental Housing
The government said the average waiting time for subsidized rental housing has fallen from 6.1 years to 4.7 years, attributing the improvement to tighter enforcement against tenancy abuse and faster delivery of new public housing.
John Lee Says Hong Kong Economy Posts Strongest Quarterly Growth in Five Years
In his anniversary address, Chief Executive John Lee said Hong Kong's economy expanded 5.9% in the first quarter of 2026 after returning to growth, describing it as the strongest quarterly performance in five years while pointing to impr...
Hong Kong Luxury Home Sales Jump More Than 80% in First Half of 2026
Primary transactions for private homes priced above HK$50 million rose 80.5% from a year earlier, with total sales reaching HK$30.33 billion, reflecting continued demand for luxury residential property despite broader market uncertainty.
Hong Kong Marks 29th Anniversary with Citywide Celebrations and Economic Focus
Chief Executive John Lee led flag-raising and anniversary events marking the 29th anniversary of Hong Kong's establishment as a Special Administrative Region and the fourth year of the current administration, with free admission to major...
China Launches First Sustainability Disclosure Standards for Asset Managers
The Asset Management Association of China has introduced its first disclosure guidelines for sustainability-labelled funds, requiring dedicated ESG research capabilities and closer alignment between investment portfolios and stated susta...
Investor Interest Broadens Beyond Technology Shares in Chinese Markets
Market gains are beginning to spread from technology stocks to agriculture and property-related shares, suggesting investors see improving prospects for sectors expected to benefit from targeted policy support.
China Expands EV Battery Recycling to Strengthen Critical Mineral Supply
Authorities and industry participants are increasing the reuse of electric vehicle batteries to recover lithium, cobalt and nickel, reducing dependence on imported raw materials while supporting a circular supply chain.
China Appoints Aerospace Executive to Senior State-Owned Assets Role
An experienced aerospace industry executive has been named Party chief of the State-owned Assets Supervision and Administration Commission, underscoring Beijing's focus on industrial and technology expertise in overseeing state-owned ent...
Chinese Air Conditioner Exports to Europe Rise as Heatwave Lifts Demand
Exports of Chinese-made air conditioners to Europe have increased sharply as prolonged high temperatures across the continent boost demand for cooling equipment.
UBTech Robotics Launches New Consumer Humanoid Robots
Shenzhen-based UBTech Robotics has unveiled a new range of humanoid robots for consumers, reflecting China's continued push to commercialize advanced robotics beyond industrial applications.
China Mobile Unveils AI-Native Core Network Architecture
China Mobile, together with Huawei and GSMA Intelligence, has introduced an AI-native "Agentic Core" network designed to support 5G-Advanced services and dedicated connectivity for AI applications through intelligent network orchestration.
Court Orders Wanda to Pay Suning 1.75 Billion Yuan in IPO Dispute
A Chinese court has ordered Dalian Wanda Group to pay 1.75 billion yuan to Suning over a failed initial public offering, adding to the legal and financial pressures facing major property and retail groups.
Volkswagen Faces Calls in Germany to Adopt Chinese Vehicle Development Models
Lower Saxony's premier has urged Volkswagen to consider manufacturing vehicles developed in China at its German plants, reflecting growing political debate over maintaining competitiveness and protecting domestic industrial employment.
China Mobile Creates Dedicated AI Services Division
China Mobile has established a new "Token Office" as part of a broader restructuring aimed at expanding artificial intelligence and computing services, reinforcing its shift toward AI-driven business growth.
Semiconductor Stocks Overtake Major State Banks in Market Value
The combined market capitalization of China's Shenwan Semiconductor Index has exceeded that of the country's largest state-owned commercial banks for the first time, highlighting stronger investor interest in technology industries tied t...
Xi Jinping Marks Communist Party Anniversary With Call for Modern Socialist Development
Speaking at an event marking the Communist Party of China's 105th anniversary, President Xi Jinping said the country faces both strategic opportunities and significant risks, urging strict party self-governance and renewed commitment to ...
China's Manufacturing Sector Extends Expansion to Seventh Straight Month
Official data showed China's manufacturing sector expanded for a seventh consecutive month, delivering its strongest quarterly performance since late 2020 as policymakers continue to prioritize technological innovation and industrial upg...
Shanghai Stock Exchange Speeds Up IPO Pipeline for Semiconductor and AI Companies
The Shanghai Stock Exchange has accelerated listings for semiconductor and artificial intelligence firms on the STAR Market, with updated listing policies placing greater emphasis on long-term growth potential to support China's drive fo...
China Tightens Outbound Investment Rules With New National Security Framework
New regulations that took effect on July 1 establish a broad legal framework governing outbound investment, extending oversight of cross-border capital, technology and personnel while requiring national security reviews for investments i...
HKEX Introduces Streamlined Board Lot Framework to Modernize Market Trading
Hong Kong Exchanges and Clearing will begin the first phase of a new board lot framework on July 2, aiming to simplify trading operations and strengthen the city's position as an international financial centre through more efficient mark...
Hung Shui Kiu Development Advances With Land Resumption for Major Housing Project
The Hong Kong government has resumed 71 private land lots to advance the Hung Shui Kiu New Development Area, a project expected to deliver more than 66,000 homes and create around 150,000 jobs in the years ahead.
Hong Kong Exports Rise on Strong Demand for AI-Related Products
Merchandise exports strengthened during the first half of 2026, supported by sustained global demand for artificial intelligence hardware and components, reinforcing Hong Kong's role in international semiconductor and technology supply c...
China Semiconductor Industry Association Warns AI Investment Boom Is Driving Market Imbalances
The China Semiconductor Industry Association said the global surge in AI infrastructure spending and rising memory chip prices are creating an overheated market, with supply constraints increasing costs for Chinese smartphone and persona...
ChangXin Memory Technologies Reports Strong Revenue Growth as AI Chip Demand Surges
ChangXin Memory Technologies posted first-quarter 2026 revenue of about 50.8 billion yuan (US$7.3 billion), highlighting the rapid expansion of China's domestic memory chip industry as global demand for AI-focused semiconductors continue...
KPMG Urges Hong Kong Banks to Build Digital Asset Capabilities Ahead of Revenue Growth
A KPMG report says banks should focus on strengthening governance, risk management and operational expertise in digital assets as Hong Kong advances stablecoin regulation and tokenized finance, rather than prioritizing immediate commerci...
Hong Kong Talent Schemes Attract 290,000 Professionals to Support Long-Term Growth
Government talent attraction programs have brought about 290,000 professionals to Hong Kong, supporting the city's workforce and reinforcing its position as a leading regional centre for professional services.
Bangchak Completes Acquisition of Chevron Hong Kong and Establishes North Asia Trading Hub
Thailand's Bangchak Corporation has completed its acquisition of Chevron Hong Kong Limited, now renamed Bangchak Hong Kong, expanding its regional presence with a new hub overseeing retail, trading and marine fuels operations across Nort...
Hong Kong Markets Close for July 1 Public Holiday as Selected Derivatives Continue Trading
Trading in cash equities and related products on Hong Kong Exchanges and Clearing is suspended for the July 1 public holiday, with the market scheduled to reopen on July 2, while certain MSCI and currency derivatives remain available.
China Tightens Oversight of Overseas Investment With New National Security Rules
China has introduced a new "full-process supervision" framework requiring companies to report and justify overseas investments throughout their lifecycle, with stricter scrutiny of artificial intelligence, semiconductor and electric vehi...
China Imposes Provisional Anti-Dumping Measures on Canadian Pea Starch Imports
Chinese customs authorities have begun collecting security deposits of 73.5% on Canadian pea starch imports following an anti-dumping investigation, marking a further escalation in trade tensions between Beijing and Ottawa.
China Rolls Out Fully Digital Tax Refund System to Encourage Tourist Spending
A new departure tax refund policy took effect on July 1, introducing paperless processing and longer refund windows as part of the "Shopping in China" initiative to simplify procedures for international visitors and support retail consum...
Jiangxi Biological Completes Landmark Biotech Listing in Hong Kong
Jiangxi Institute of Biological Products has completed a US$52 million initial public offering on the Main Board of the Hong Kong Stock Exchange. The listing marks the first public offering in Hong Kong by an antiserum company and highli...
Hong Kong Deepens Financial Innovation Partnership With Türkiye’s Central Bank
The Hong Kong Monetary Authority and the Central Bank of Türkiye have signed a memorandum of understanding to strengthen cooperation in financial innovation and digital banking. The agreement is intended to support more advanced and incl...
Hong Kong Public Relations Industry Turns More Optimistic as IPO Market Recovers
The 2026 PRHK Benchmark Survey shows agency leaders have become markedly more positive about business prospects, citing the recovery of Hong Kong's IPO market and stronger demand from fintech clients. While enterprise-wide adoption of ar...
Apple Supplier Luxshare Leads Hong Kong’s Biggest IPO Wave of 2026
Apple supplier Luxshare Precision Industry is leading a wave of Hong Kong share offerings worth a combined US$6 billion, with its planned listing seeking to raise up to HK$24.3 billion. The fundraising is expected to expand production ca...
John Lee Promotes Hong Kong’s ASEAN Strategy at Greater Bay Area Summit
Chief Executive John Lee told business and political leaders at the South China Morning Post Greater Bay Area-ASEAN Summit that Hong Kong aims to strengthen its position as a gateway for trade, investment and innovation. He also reaffirm...
People's Bank of China Proposes Updated Rules for Gold Imports and Exports
The People's Bank of China and the General Administration of Customs have released draft revisions to regulations governing gold imports and exports, seeking to streamline administrative procedures and clarify customs oversight for indiv...
Shanghai Launches Standardized Medical Escort Service for Older Residents
Shanghai will introduce a regulated medical escort service for people aged 60 and above from July 1, establishing standardized qualifications and pricing to improve access to healthcare for the city's growing elderly population.
Xi Jinping Leads High-Level Meeting on Flood Control and Drought Relief
President Xi Jinping chaired a Communist Party Political Bureau meeting focused on coordinating national flood prevention and drought relief efforts, underscoring the government's priority of protecting food security and social stability...
China Opens New High-Speed Railway Linking Xi'an and Shiyan
A new Fuxing high-speed rail service connecting Xi'an in Shaanxi province with Shiyan in Hubei province has entered operation, cutting travel times and strengthening economic links between western and central China as part of broader reg...
China's Manufacturing Activity Returns to Expansion in June as Economic Recovery Firms
China's official manufacturing purchasing managers' index rose to 50.3 in June from 50.0 in May, while the composite index reached its highest level this year at 50.6, suggesting targeted stimulus measures and easing trade tensions are s...
Shandong Pharmaceutical Production Line Suspended Over Quality Deficiencies
Regulators in Shandong have ordered the suspension of a production line at Beida Gaoke Huatai Pharmaceutical after identifying serious quality-management shortcomings in the production of amiodarone hydrochloride injection as part of bro...
Hang Seng Rallies as Technology Stocks Lead Broad Hong Kong Market Gains
Hong Kong equities opened the week on a strong note, with the Hang Seng Index rising 1.57% and the Hang Seng Tech Index climbing 3.23%, reflecting improved investor sentiment across the market.
Binzhou Named National Pilot City for Intelligent Manufacturing Upgrade
China's ministries of industry and finance have selected Binzhou as a pilot city for manufacturing modernization, making the Shandong industrial center eligible for 300 million yuan in national funding to accelerate technological transfo...
Chinese Portable Air Conditioner Exports Surge as Europe Endures Extreme Heat
Exports of portable air conditioners from China to Western Europe rose by more than 70% during the first five months of 2026 as prolonged heatwaves drove exceptionally strong demand for cooling equipment across the region.
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Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review
European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports
United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount
World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts
United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz
Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province
Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation
United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945
Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict
Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure
United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks
United Nations Security Council Deeply Divided Over United States Capture of Venezuelan President
US and Iran Exchange Direct Military Strikes Amid Fragile Gulf Ceasefire
World Health Organization Warns of Catastrophic Ebola Outbreak in DR Congo
Russia Threatens New Wave of Strikes on Ukrainian Infrastructure and Embassies
Scientists Warn Atlantic Ocean Currents Could Collapse Faster Than Projected
Anthropic Reaches $900 Billion Valuation in Historic AI Funding Round
Washington Imposes Crippling Sanctions on Iranian Maritime Authority
Japan and the Philippines Initiate Strategic Intelligence-Sharing Pact
Microsoft Deploys Autonomous Computer-Using AI Agents to Global Markets
Anthropic Secures $45 Billion Compute Infrastructure Agreement With SpaceX
U.S. Director of National Intelligence Resigns Amid Administration Shakeup
Micron Technology Crosses Trillion-Dollar Valuation Amid Unprecedented Hardware Demand
Canada and Germany Finalize Historic Long-Term LNG Export Agreement
China Expands International Travel Restrictions on Domestic AI Researchers
Japan Approves Sweeping Overhaul of National Intelligence Apparatus
Global Airlines Scramble Logistics as Middle East Airspace Remains Fractured
Japan's Naphtha Imports Plunge 47 Percent Amid Strait of Hormuz Closure
Global Crude Prices Retreat Below $96 as Gulf Tensions Momentarily Ease
Generative AI Outperforms Human Baselines in Landmark Global Creativity Study
NASA Partners With Private Aerospace to Unveil Permanent Lunar Base Architecture
South Korean Equity Markets Surge on Next-Generation Memory Chip Frenzy
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