Hong Kong Times

New Zealand Draws Wealthy Americans With Revamped Investor Visa

More than 700 people have applied for residence through the relaxed scheme in 14 months, committing at least 4.8 billion New Zealand dollars as the country seeks capital and expertise.

Cambridge Professor Jason Arday Resigns as University Opens Inquiry Into His Credentials

Arday stepped down from Cambridge and Jesus College after fresh questions emerged over his qualifications, career claims and academic work; he denies plagiarism and says the scrutiny became unbearable.

Hong Kong Monetary Authority Reopens Infrastructure Bond Issue to Fund Public Projects

The Hong Kong Monetary Authority announced a one billion Hong Kong dollar reopening of 10-year government infrastructure bonds to help finance major public works and long-term urban development projects.

Hong Kong Launches First Offshore China Government Bond Futures

Hong Kong Exchanges and Clearing debuted five-year China Government Bond Futures, with the contracts gaining more than one percent on their first trading day as the city expanded its fixed-income market and strengthened its role as the l...

Hong Kong Technology Shares Fall on Reports of Planned U.S. Curbs on Chinese Data Centre Components

Hong Kong-listed makers of data centre hardware came under heavy selling pressure after reports that the United States is preparing to ban imports of advanced Chinese data centre components, adding to uncertainty over technology supply c...

CLP Holdings Expands Northern Metropolis Power Investment After Strong First-Half Results

CLP Holdings reported underlying first-half profit of 5.73 billion Hong Kong dollars and announced additional investment to strengthen electricity infrastructure supporting the Northern Metropolis development.

Hong Kong Insurance Stocks Slide After Mainland Tax Authorities Target Offshore Policies

Shares of AIA, Prudential and HSBC fell sharply after reports that mainland Chinese tax authorities began applying a 20 percent personal income tax on returns from Hong Kong offshore insurance policies, raising concerns over a key source...

Goldman Sachs Raises China Artificial Intelligence Revenue Outlook by Thirty Percent

Goldman Sachs increased its revenue forecasts for Chinese artificial intelligence developers by 30 percent, citing rapidly improving model capabilities, lower operating costs and stronger global adoption, providing support for Hong Kong-...

Hong Kong Exchange Adds Eighteen New Stock Option Classes

Hong Kong Exchanges and Clearing will introduce 18 additional single-stock option classes with weekly and monthly expiries as it expands derivatives products to meet growing demand for hedging and trading.

Mainland State-Backed Investor Acquires Hong Kong Office Tower at Discounted Valuation

A Ningbo-backed investment platform purchased a prime Hong Kong commercial office building, highlighting continued interest from mainland investors seeking opportunities created by lower property valuations.

Xiaomi and OPPO Deepen Investments in Domestic Power Semiconductor Production

Xiaomi and OPPO acquired stakes in Guangdong MicroPowerChip through dedicated investment funds as Chinese electronics manufacturers strengthen domestic supply chains for power management semiconductors.

Tencent Expands Overseas Rollout of Hy3 Artificial Intelligence Model

Tencent accelerated its global artificial intelligence strategy by broadening the international deployment of its Hy3 model, marking a major step in the company's push to increase its presence in overseas AI markets.

State Council Orders Investigation Into Deadly Chongqing Landslide

China's State Council has established a multi-agency investigation following a rain-triggered landslide in Chongqing's Pengshui autonomous county that buried more than ten residential buildings and claimed fifty-one lives.

China and Uzbekistan Launch New Customs Agreement to Speed Cross-Border Trade

A mutual recognition agreement for Authorized Economic Operators has entered into force between China and Uzbekistan, allowing certified businesses to clear customs more efficiently and improving trade flows along Belt and Road transport...

China Imposes Sanctions on U.S. Firm Compliance Testing

China's Ministry of Commerce imposed immediate countermeasures against U.S.-based Compliance Testing, saying the company had supported actions by the U.S. Federal Communications Commission that harmed China's national security and develo...

China Advances National Biodiversity Finance Standards

The People's Bank of China and financial regulators are finalizing a nationwide biodiversity finance taxonomy after pilot programs in twenty-six provinces, aiming to direct investment toward conservation projects and reduce the risk of n...

China Launches Artificial Intelligence Satellites for Agriculture and Disaster Monitoring

A Smart Dragon-3 rocket successfully placed two satellites developed by Star.ai Spatio-temporal Intelligence Technology into orbit, providing in-space computing capabilities to support disaster early warning and agricultural monitoring i...

Mainland Investors Channel Eight Billion Dollars Into Hong Kong Stocks During Global Technology Selloff

Mainland Chinese investors invested about eight billion U.S. dollars into Hong Kong equities in July, taking advantage of lower Hang Seng valuations as global technology shares came under pressure from concerns over artificial intelligen...

China's Renewable Energy Constraints Drive Higher Coal Power Generation

Coal-fired electricity output rose three percent in the first half of 2026 after around thirty gigawatts of new coal capacity entered service, offsetting record levels of wind and solar power that could not be absorbed by the national grid.

State Council Approves Four Nuclear Power Projects and New Measures to Boost Domestic Demand

Premier Li Qiang chaired a State Council meeting that approved four new nuclear power projects, including the Zhuanghe plant in Liaoning Province, while directing ministries to implement additional measures to strengthen domestic demand ...

Senate Scrutinises AI-Driven Personalised Pricing

A hearing led by Senator Josh Hawley examined whether companies can use browsing, location and purchasing data to charge different customers different prices for the same product.

Airlines Cancel Japan Flights as Tropical Cyclone Dolphin Approaches

Hong Kong Express and Greater Bay Airlines canceled more than a dozen flights to Okinawa and Ishigaki ahead of Tropical Cyclone Dolphin. Carriers urged passengers to monitor travel updates as they adjusted schedules to reduce weather-rel...

Fatal Traffic Deaths Jump 44 Percent as Hong Kong Police Intensify Enforcement

Hong Kong recorded a 44 percent year-on-year increase in fatal road accidents, with 63 deaths reported during the first half of the year. Police are stepping up enforcement against dangerous driving even though the number of accidents ca...

Tung Wah College Withdraws 11,000 Admission Offers After System Error

Tung Wah College apologized after mistakenly issuing about 11,000 admission offers because of a system failure before withdrawing the notifications. The error triggered confusion among prospective students and raised concerns over the in...

Hong Kong Police Arrest Woman in HK$4.3 Million Cryptocurrency Fraud Case

Police arrested a 67-year-old woman accused of defrauding landlords of HK$4.3 million by posing as a prospective tenant before persuading victims to invest in a fraudulent cryptocurrency scheme. The case highlights the growing use of dig...

Hong Kong Launches Offshore Chinese Government Bond Futures to Strengthen Global Financial Hub Role

Hong Kong introduced offshore Chinese government bond futures, giving international investors a new tool to hedge exposure to mainland sovereign debt. The launch is intended to reinforce the city's position as the leading offshore renmin...

Wynn Macau Reports Higher First-Half Earnings on Strong Tourism Demand

Wynn Macau posted a 14 percent increase in adjusted property earnings to HK$4.5 billion in the first half of the year. The results reflect continued strength in mass-market gaming and hospitality demand across Macau and the Greater Bay A...

Hong Kong Graduate Salaries Rise as Demand for New Talent Remains Steady

A survey by the University Grants Committee found that graduates from Hong Kong's eight publicly funded universities earned an average annual salary of HK$336,000, up 2.1 percent from the previous year. The increase points to continued d...

Hongkong and Shanghai Hotels Returns to Profit as Luxury Travel Recovers

Hongkong and Shanghai Hotels, owner of the Peninsula Hotels, returned to a first-half profit of HK$23 million after a loss a year earlier. The turnaround was supported by a 29 percent increase in revenue per available room across Greater...

John Lee Promotes ASEAN Supply Chain Partnerships and Belt and Road Expansion

Chief Executive John Lee said Hong Kong will deepen supply chain cooperation with Southeast Asia and expand business missions to Central Asia while speaking at the Federation of Hong Kong Industries annual luncheon. The strategy is aimed...

Cathay Pacific Delivers Strongest First-Half Profit Since 2010 Despite Fuel Cost Pressures

Cathay Pacific reported its best first-half financial performance in 16 years, supported by sustained travel demand. The airline remained cautiously optimistic about the rest of the year while warning that jet fuel prices are likely to s...

Chinese AI Startups Expand Generative Technology Across Gaming Industry

Chinese artificial intelligence companies are accelerating the deployment of generative AI tools for the country's gaming industry, targeting a domestic market of nearly 680 million players. The technology is expected to reshape game dev...

General Motors and SAIC Extend China Joint Venture Through 2047

General Motors and SAIC Motor agreed to extend their long-running joint venture until 2047, reinforcing one of China's most significant automotive partnerships. The renewal comes as established foreign brands adapt to intense competition...

Hong Kong Introduces World's First Offshore Chinese Sovereign Bond Futures

Hong Kong launched the world's first offshore futures contracts linked to Chinese sovereign bonds, creating a new hedging instrument for international investors. The product is designed to strengthen the city's role as the leading offsho...

AI Hardware Demand Drives Supply Shortages and Sharp Rise in Circuit Board Prices

Strong domestic demand for artificial intelligence computing infrastructure has strained China's electronics supply chain, creating shortages of high-speed printed circuit boards and pushing up prices. The supply squeeze is also lifting ...

China Unveils Hybrid Tunnel Machine for Faster Infrastructure Construction

Chinese state engineers introduced what they describe as the world's first hybrid tunnel machine combining boring and blasting technologies. The equipment is intended to shorten construction times for complex underground transport and in...

China Launches Efficiency Benchmarking Across 43 Heavy Industries

China's Ministry of Industry and Information Technology introduced new national benchmarking standards covering 43 heavy industries to measure energy efficiency, carbon emissions and digital integration. The initiative is intended to ide...

China Expands Commercial Space Program With Dual Satellite Launches

China successfully launched 23 broadband satellites aboard a Long March-8A rocket from Hainan before carrying out a second offshore Smart Dragon-3 mission from Shandong. The back-to-back launches underscore the country's growing investme...

People's Bank of China Reaffirms Loose Monetary Policy to Support Economic Growth

The People's Bank of China pledged to maintain a moderately loose monetary policy, expand credit for private businesses and provide ample market liquidity following a Politburo call for faster infrastructure investment. The central bank ...

China Tightens Drone Export Controls and Sanctions US Companies in Latest Technology Dispute

China's Ministry of Commerce introduced new restrictions on exports of dual-use drones and revoked key compliance certification rights for selected American electronics manufacturers. The measures were announced in response to expected U...

Cyberport Joins Greater Bay Area Innovation Fund to Support Technology Startups

Cyberport has become a strategic partner in the Taiping Greater Bay Area innovation fund, which will invest in artificial intelligence and digital technology startups to strengthen innovation links across Hong Kong and the Greater Bay Area.

Hong Kong Sets Five Percent Interest Rate for Silver Bond Payment

The Hong Kong Monetary Authority confirmed that the next interest payment on the Silver Bond Series due in twenty twenty-six will carry a guaranteed annual interest rate of five percent, providing stable returns for eligible retail inves...

Hong Kong Unveils Artificial Intelligence Training Initiative for Fifty Thousand People

The Hong Kong government has launched a fifty million Hong Kong dollar programme to provide artificial intelligence training to fifty thousand residents, students and professionals over the next two years, helping businesses and workers ...

Hong Kong Home Sales Fall Sharply as High Interest Rates Weigh on Property Market

Residential property transactions in Hong Kong dropped more than forty percent in July, with both sales value and transaction volumes declining as elevated borrowing costs continued to dampen buyer demand.

HSBC First-Half Profit Rises Twenty-Three Percent on Strong Asia Wealth Management Growth

HSBC reported first-half pre-tax profit of nineteen point five billion United States dollars, up twenty-three percent from a year earlier, as its Asia wealth business attracted fifty-seven billion dollars in net new assets, primarily thr...

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