Hong Kong Times

Four Hong Kong Universities Retain Places in Global Top 50 Rankings

Four universities in Hong Kong have maintained positions among the world's top 50 institutions, reinforcing the city's reputation as an international centre for higher education and research.

Hong Kong Customs Seizes HK$14.5 Million Worth of Suspected Cannabis at Airport

Customs officers arrested two arriving passengers at Hong Kong International Airport after intercepting a large quantity of suspected cannabis buds as authorities step up inspections of passenger baggage and cargo shipments.

Residential Property Market Shows Signs of Stabilization as Commercial Sector Remains Under Pressure

Lower mortgage rates and the return of mainland buyers are supporting Hong Kong's housing market, while commercial office properties continue to face elevated vacancy levels and weaker demand.

Hong Kong Climbs to Second Place in IMD World Competitiveness Ranking

The International Institute for Management Development ranked Hong Kong as the world's second most competitive economy in 2026, its highest position since 2019, citing strengths in government efficiency, business legislation and financia...

HKEX and Hong Kong Monetary Authority Launch Digital Currency Pilot for After-Hours Derivatives Trading

Hong Kong Exchanges and Clearing and the Hong Kong Monetary Authority are testing the use of wholesale central bank digital currency for derivatives margin payments outside banking hours to improve market efficiency and reduce settlement...

Hong Kong Introduces New Measures to Revitalize Subsidized Home Ownership Market

The Housing Authority has approved two schemes designed to improve mobility within the subsidized housing market by creating new options for elderly homeowners and expanding opportunities for eligible buyers.

Hong Kong Banks Look to Family Offices and Transition Finance for Future Growth

A new KPMG report says banks in Hong Kong are increasingly focusing on fixed-income markets, family office services and transition finance products as they seek new sources of revenue beyond traditional lending activities.

Hong Kong Monetary Authority Urges Prudence After Federal Reserve Holds Interest Rates Steady

The Hong Kong Monetary Authority has advised households and investors to carefully manage borrowing and investment risks as local financing conditions remain closely linked to changes in United States monetary policy.

Hong Kong Banking Assets Reach HK$26 Trillion Despite Margin and Property Headwinds

KPMG reported that licensed bank assets in Hong Kong grew 7.1 percent and operating profits rose 5.5 percent in 2025, although lenders continue to face pressure from narrowing interest margins and weakness in the commercial property market.

China's New Energy Vehicle Exports Surge as Production Maintains Strong Momentum

New energy vehicle production rose 17.8 percent year on year in May, while exports more than doubled, underscoring the sector's growing international reach despite increasing trade barriers in overseas markets.

MSCI China Index Nears Bear Market Territory as Consumer Spending and Technology Shares Weaken

The MSCI China Index has fallen close to 20 percent from its October 2025 peak, weighed down by weak retail spending and underperformance among major internet and e-commerce companies, leaving the benchmark largely outside the global sur...

China Forecast to Grow 4.6 Percent in 2026 as Property and Consumer Weakness Persists

Fitch Ratings expects China's economic growth to moderate to 4.6 percent in 2026, citing continued weakness in the housing market and subdued consumer demand despite stronger performance in export-oriented technology industries.

China Adds Record Thermal Power Capacity to Strengthen Grid Reliability

Thermal power capacity additions jumped 116 percent in the first four months of 2026 as China continued to expand conventional generation alongside renewables to reinforce energy security and manage fluctuations in wind and hydroelectric...

Foreign Holdings of Chinese Government Bonds Reach Around Two Trillion Yuan

Foreign investors have continued increasing their exposure to renminbi-denominated government bonds, with holdings reaching approximately two trillion yuan by late May as asset managers seek diversification through channels including Bon...

Xi'an Emerges as Inland Innovation Hub Under China's High-Tech Development Strategy

Business leaders and economists meeting in Xi'an highlighted the city's rapid transformation into a centre for advanced manufacturing and technological research as China promotes productivity-led growth through digitalisation and industr...

Hong Kong Monetary Authority Completes Oversubscribed Renminbi Sovereign Bond Sales

Institutional investors heavily oversubscribed tenders for 2.5 billion yuan of sovereign bonds, reinforcing Hong Kong's position as the world's leading offshore centre for renminbi financing and debt issuance.

Hong Kong Distributes HK$1.44 Billion in Newborn Incentives to Address Demographic Pressures

The government has begun distributing financial bonuses to new parents as part of a broader effort to counter falling birth rates and support the city's future labour force and long-term economic sustainability.

Hong Kong International Airport Posts Double-Digit Passenger Growth in May

Passenger traffic at Hong Kong International Airport increased 10.2 percent in May, supported by expanding route networks, recovering tourism demand and deeper connectivity across the Greater Bay Area.

Hong Kong Becomes the World's Largest Cross-Border Wealth Management Hub With $2.9 Trillion in International Assets

A new Boston Consulting Group report shows Hong Kong has overtaken Switzerland as the world's leading cross-border wealth centre, as investors increasingly shift assets toward Asian financial hubs amid geopolitical tensions and concerns ...

International Companies Pursue Major Hong Kong Listings as Capital Market Recovery Gains Momentum

Silvercorp Metals and electronics manufacturer Lingyi have initiated listing processes in Hong Kong, highlighting the city's continuing appeal as a gateway linking global issuers with Asian investors and liquidity.

Hong Kong IPO Market Climbs to Global No. 2 After Raising More Than HK$203 Billion

The Hong Kong stock exchange raised more than HK$203 billion through 78 listings in the first half of the year, trailing only Nasdaq and reinforcing the city's recovery as a major fundraising venue for technology and other high-growth co...

Hong Kong Economy Expands 5.3 Percent in First Quarter on Resilient Regional Activity

Preliminary government data showed Hong Kong's economy grew 5.3 percent in the first quarter, while Gross National Income rose 5.1 percent to HK$925.7 billion as businesses and households benefited from strong regional economic conditions.

Hong Kong Launches First-Ever Five-Year Development Plan for Public Consultation

The government has opened a two-month consultation on its first comprehensive five-year development blueprint, seeking to align housing, technology, healthcare and economic priorities with changing global and regional conditions.

Beijing Pushes Greater Bay Area Integration Through New 24-Hour Huanggang Border Facilities

Senior mainland official Xia Baolong inspected the soon-to-open Huanggang Port and related infrastructure, underscoring plans for shared round-the-clock border clearance to improve logistics and the movement of people between Hong Kong a...

China and Myanmar Deepen Security Cooperation to Protect Infrastructure and Combat Cross-Border Fraud

Following Myanmar leader Min Aung Hlaing's visit to Beijing, the two countries agreed to strengthen law enforcement coordination against telecommunications fraud and gambling networks and to improve security for Belt and Road projects in...

China Issues White Paper Advocating a More Equitable Model of Global Governance

A new policy document titled More Just and Equitable Global Governance outlines Beijing's proposals for reforming international institutions and building broader support among developing countries for alternative multilateral arrangements.

Vice Premier He Lifeng Pledges Greater Opening of China's Financial Sector in Shanghai

Speaking at the Lujiazui Forum, He Lifeng said China would continue improving the rule of law in capital markets and support Shanghai's development as an international hub for offshore finance and risk management.

China Criticises Japan's Military Expansion and Long-Range Strike Capabilities

A Chinese defense spokesperson accused Tokyo of exaggerating regional threats to justify increased defense spending and expanded weapons programs, warning that such moves could destabilize the Asia-Pacific region.

Chinese Semiconductor Equipment Maker Circuit Fabology Microelectronics Targets $410 Million Hong Kong Listing

The Anhui-based producer of lithography and integrated circuit packaging equipment is preparing an initial public offering that highlights continued efforts to strengthen domestic semiconductor supply chains.

Analysts Estimate China's Property Sector Rescue Could Cost Up to Ten Percent of Economic Output

Economic assessments indicate that stabilizing distressed developers and financially exposed institutions may require interventions on a scale equivalent to about ten percent of national output, underscoring the magnitude of the property...

China Expands Cross-Border Digital Yuan Platform With Twenty-Six Financial Institutions

The digital currency international operation center has signed agreements with twenty-six institutions, including Standard Chartered Bank, to facilitate around-the-clock cross-border digital yuan settlements across Southeast Asia and the...

Chinese E-Commerce Exporters Turn to Artificial Intelligence and Overseas Warehouses as Tariff Rules Tighten

As the United States and European Union remove duty-free exemptions for low-value parcels, Chinese online merchants are accelerating the use of generative artificial intelligence and expanding warehousing networks abroad to manage higher...

Chinese Sportswear Company Biemlofen Acquires Snow Peak's China Business

The Guangzhou-based apparel group has secured production and management rights for the Japanese outdoor brand's operations in China, reflecting growing interest in the country's premium camping and outdoor lifestyle market.

China Adopts Employment-First Strategy for the 2026-2030 Five-Year Plan

The State Council has issued a national employment directive focused on vocational modernization, service-sector growth and targeted support for veterans and migrant workers as Beijing seeks to maintain job creation and economic stabilit...

China Launches New Yuan Liquidity Tools and Offshore Trading Pilot to Accelerate Currency Internationalisation

At the Lujiazui Forum in Shanghai, People's Bank of China Governor Pan Gongsheng announced a new repurchase facility for foreign monetary authorities and authorized six major state banks to conduct offshore yuan trading, expanding global...

China Tightens Control Over Strategic Mineral Resources With Sweeping New Regulations

New rules impose production quotas, competitive bidding requirements and restrictions on the transfer of mining rights, significantly strengthening state oversight of critical mineral extraction and supply chains.

Hong Kong and Hainan Deepen Tourism and Free Trade Port Cooperation

Senior officials from Hong Kong and Hainan have launched a joint cultural and business initiative aimed at promoting investment and travel links while positioning Hong Kong as a gateway to the rapidly developing Hainan Free Trade Port.

Henderson Land Launches New Phase of Hung Hom Redevelopment Project

The property developer has released 263 residential units under the latest phase of its Midtown South development, signaling continued confidence in urban renewal projects despite elevated borrowing costs.

HKG Times