Hong Kong Times

Hong Kong Overtakes Switzerland as the World’s Largest Cross-Border Wealth Management Centre

Hong Kong’s cross-border wealth assets climbed nearly 11% to US$2.95 trillion, according to Boston Consulting Group, surpassing Switzerland ahead of expectations as mainland Chinese capital inflows and a revival in initial public offerin...

Hong Kong Proposes New National Security Rules Expanding Executive Authority

The Hong Kong government has gazetted subsidiary legislation under the Safeguarding National Security Ordinance that would allow the Chief Executive to designate criminal proceedings as national security cases, placing them under stricte...

Hong Kong Customs Seizes Counterfeit World Cup Merchandise Ahead of Tournament Kickoff

Authorities confiscated 230,000 counterfeit products, including 30,000 replica football jerseys, in an operation targeting goods destined for overseas markets, underscoring Hong Kong’s role in policing intellectual property violations ac...

Shangri-La Group Backs Dragon Boat Festival Expansion to Boost Tourism

The Shangri-La Group has launched a five-year sponsorship of the Stanley International Dragon Boat Championships, combining sporting competition with new cultural and lifestyle events as Hong Kong seeks to attract more international visi...

Hong Kong, China and Indonesia Launch Direct Currency Settlement Framework for Trade

The Hong Kong Monetary Authority, the People’s Bank of China and Bank Indonesia have agreed on a new mechanism allowing direct settlement between the Indonesian rupiah and offshore renminbi, a move aimed at supporting cross-border trade ...

Hong Kong Mortgage Corporation Prices Record HK$12 Billion Digital Bond Offering

The Hong Kong Mortgage Corporation completed what it described as the world’s largest public digital bond issuance, attracting HK$24 billion in orders and reinforcing the city’s ambitions to become a global centre for tokenized finance a...

Hong Kong Productivity Council Opens AI and E-Commerce Expo for Small Businesses

The inaugural exhibition, organised with support from the Commerce and Economic Development Bureau, focuses on helping small and medium-sized enterprises adopt generative artificial intelligence, digital logistics tools and cross-border ...

Hang Seng Falls to Eleven-Month Low as Middle East Tensions Rattle Markets

Hong Kong’s benchmark Hang Seng Index declined for a seventh straight session after renewed US military strikes in Iran and the closure of the Strait of Hormuz heightened concerns over energy supplies, triggering broad selling across tec...

Hong Kong International Airport Completes Major Terminal Two Airline Relocations

Fifteen airlines, including HK Express and Greater Bay Airlines, are shifting operations to the expanded Terminal Two departures facility, increasing airport capacity through new biometric screening systems, automated baggage processing ...

China Releases New Human Rights Action Plan Focused on Development and Environmental Goals

The State Council has unveiled its 2026–2030 Human Rights Action Plan, emphasizing economic development, environmental protection and carbon reduction objectives as central components of its approach to human rights policy.

Senior Shanghai Official and Central Bank Figure Face Anti-Corruption Investigation

China's top anti-graft agency has opened investigations into Shanghai Vice Mayor Chen Yujian and a senior official linked to the People's Bank of China, extending an ongoing campaign targeting corruption in government and financial insti...

Changchun Seeks New Electric Vehicle Investment to Revitalize Automotive Industry

Officials in Changchun have unveiled a restructuring plan through 2030 aimed at attracting electric vehicle manufacturers and supporting the transformation of the city's automotive sector, including efforts to strengthen the position of ...

China Launches Nationwide Push for Commercial Adoption of Humanoid Robots

Chinese authorities have directed local governments and state-owned enterprises to deploy humanoid robots across manufacturing, logistics, retail and healthcare sectors by the end of 2026, accelerating efforts to commercialize advanced a...

China Begins US$11 Billion Yangtze River Shipping Project to Ease Three Gorges Bottlenecks

Construction has started on a major infrastructure project designed to increase freight capacity along the Yangtze River by bypassing congestion around the Three Gorges Dam, improving efficiency on one of China's most important transport...

Xiaomi Expands Electric Vehicle Strategy with Planned Extended-Range Model

Xiaomi has submitted regulatory filings for an extended-range electric vehicle, broadening its automotive portfolio after the successful launch of its battery-powered sedans and intensifying competition in China's crowded EV market.

Producer Inflation Climbs as Credit Demand Remains Weak in China

China's producer price index rose 3.7% from a year earlier in May, driven by higher raw material costs, while money supply growth slowed, suggesting that monetary easing measures are not yet translating into stronger borrowing across the...

Chinese Export Controls on Indium Phosphide Disrupt Supply Chains for AI Data Center Infrastructure

Delays in obtaining Chinese export licenses for indium phosphide are creating shortages for major U.S. photonics manufacturers, highlighting the growing importance of specialized materials in global artificial intelligence supply chains ...

New World Development Launches Pavilia Rosa Project as Hong Kong Housing Market Faces Demand Test

New World Development has begun sales for its Pavilia Rosa residential project in the New Territories, offering a key indicator of housing demand and buyer confidence amid elevated interest rates and a subdued secondary property market.

Hong Kong Education Bureau Reserves Land in Northern Metropolis for New University Town Development

The Education Bureau has set aside land within the Northern Metropolis for a planned university hub, intended to integrate higher education institutions with emerging technology industries and regional research networks.

Hong Kong Leader John Lee Reaffirms Prudence in Application of National Security Laws

Chief Executive John Lee has said the government will apply refined national security provisions with caution, stressing the need to balance legal enforcement with maintaining a stable and internationally competitive business environment.

Hongkong Post Seeks $590 Million Government Support Amid Ongoing Financial Strain

Hongkong Post has requested a HK$4.6 billion government support package after prolonged operational losses, highlighting financial pressure on legacy postal services as digital communication and e-commerce continue to reshape logistics d...

Tencent and Swire Properties Raise $5.2 Billion in Hong Kong Debt Market as Corporate Bond Activity Strengthens

Tencent and Swire Properties have completed bond issuances totaling $5.2 billion, reinforcing Hong Kong’s role as a leading debt financing hub in Asia as global investors continue to show strong demand for high-quality corporate credit.

China Plans $2.2 Billion Sovereign Bond Sale in Hong Kong to Broaden Global Funding Channels

Mainland China is preparing to issue $2.2 billion in sovereign bonds in Hong Kong next week, a move expected to attract central banks and sovereign wealth funds seeking alternatives to traditional dollar-denominated assets.

China Accelerates Rollout of Digital Dielectric Coating Technology to Overcome Electric Vehicle Battery Fast-Charging Limits

Chinese battery manufacturers are adopting digital inkjet-applied dielectric coatings to replace traditional plastic film insulation, a shift aimed at improving thermal management and enabling faster charging in high-density electric veh...

China Rejects European Union Supply Chain Proposals, Calling New Rules Disguised Protectionism

China’s Foreign Ministry has criticized proposed European Union supply-chain regulations aimed at reducing dependency risks, describing them as protectionist measures and warning of potential trade friction as Brussels reassesses its ind...

Xi Jinping Concludes State Visit to North Korea Following High-Level Talks With Kim Jong Un in Pyongyang

Chinese President Xi Jinping has returned to Beijing after a state visit to North Korea that included meetings with Kim Jong Un and visits to political training institutions, with both sides reaffirming strategic alignment amid heightene...

China and Georgia Upgrade Relations to Comprehensive Strategic Partnership Across Eurasian Transit Corridor

China and Georgia have agreed to elevate bilateral ties during talks between President Xi Jinping and Georgian President Mikheil Kavelashvili, expanding cooperation across infrastructure and economic development along the Black Sea–Centr...

China’s Housing Market Faces Deepening Shift as New Home Sales Contract and Buyers Move Toward Resale Properties

China’s property sector is experiencing continued double-digit declines in new-build residential sales, with buyers increasingly turning to secondary housing markets due to delivery uncertainty and liquidity pressures affecting major pri...

Hang Seng Index Falls to 24,244 as Technology Selloff and Mainland Economic Data Weigh on Sentiment

Hong Kong’s benchmark Hang Seng Index declined to 24,244 as technology and financial stocks came under pressure, tracking a broader regional equity pullback linked to weakness in semiconductor markets and softer industrial price data fro...

Chinese Corporations Increase Unannounced Workforce Reductions as Artificial Intelligence Drives Productivity Push

Reports indicate a rise in stealth layoffs across major Chinese companies as firms integrate artificial intelligence to improve efficiency, creating tension between industrial modernization goals and ongoing pressure over youth employmen...

Hong Kong Exchanges Sees Rising Dual-Listing Momentum as Global Investors Reassess China Equity Exposure

Hong Kong Exchanges and Clearing has reported a continued rise in dual listings between mainland China and Hong Kong, with investors increasingly focusing on timing and strategy for entry into Chinese equities through the city’s financia...

Hong Kong Opens Upgraded Terminal 2 as Airport Expands Capacity for Rising Regional Air Traffic

Hong Kong International Airport has begun operations at its expanded Terminal 2, a key infrastructure upgrade aimed at boosting passenger capacity and reinforcing the city’s position as a major aviation and logistics hub in the Greater B...

Hong Kong Sets Stage for First Five-Year Economic Development Plan as Policymakers Open Public Consultation

Hong Kong Chief Executive John Lee and senior officials will begin public consultations on June 15 for the city’s inaugural five-year economic development plan, a framework designed to align local priorities with national development goa...

Hong Kong Expands Northern Metropolis Plan With Larger Technopole and Higher Building Limits

Authorities have proposed doubling the footprint of the San Tin Technopole to 30 hectares and increasing building height limits to 250 metres, part of a broader effort to accelerate development of the Northern Metropolis innovation and t...

Hong Kong to Open First Humanoid Robot-Run Convenience Store as Retail Sector Embraces Automation

Hong Kong is preparing to launch its first fully autonomous convenience store operated by a humanoid robot, marking a shift toward automation in retail as businesses respond to labour shortages and rising operating costs.

Hong Kong Polytechnic University Leads Startup Delegation to European Tech Summit in Paris

Hong Kong Polytechnic University is heading a delegation of startups to the Viva Technology conference in Paris, aiming to deepen collaboration between European and Asian innovation ecosystems through research and investment partnerships.

China Unveils National Plan for One-Millisecond Low-Latency Artificial Intelligence Computing Networks by 2028

China’s Ministry of Industry and Information Technology has released a three-year roadmap to integrate artificial intelligence into national communications infrastructure, aiming for ultra-low latency computing coverage across major citi...

People’s Bank of China Extends Gold Buying Streak to 19 Months as Foreign Reserves Reach Near-Decade High

China’s central bank purchased 9.95 tonnes of gold in May, marking a 19th consecutive month of accumulation and lifting foreign exchange reserves to about $3.44 trillion, as policymakers continue efforts to reduce exposure to dollar vola...

United States Expands Military-Linked Blacklist to Include Alibaba, Baidu and BYD, Escalating Technology and Supply Chain Restrictions

The Pentagon has added major Chinese companies including Alibaba, Baidu and electric vehicle maker BYD to its updated list of firms it says are linked to China’s military, prohibiting US defense agencies from procuring their products or ...

China Mandates Deployment of 10,000 Humanoid Robots Across State Industries in Push Toward Industrial Automation

China’s Ministry of Industry and Information Technology and state assets regulator have ordered state-owned enterprises to deploy humanoid robots across manufacturing, logistics and retail, setting a target of 10,000 commercial units by ...

China Factory-Gate Inflation Rises to Four-Year High as Energy Costs Surge and Domestic Demand Remains Weak

China’s producer price index rose 3.9% year-on-year in May, driven largely by a 21% jump in fuel costs, while consumer inflation remained subdued due to weaker food prices, highlighting continued divergence between industrial pricing pre...

Hong Kong Launches Public Consultation on First Five-Year Socio-Economic Development Blueprint

Chief Executive John Lee Ka-chiu said the government will begin a two-month public consultation on Hong Kong’s first five-year socio-economic development plan. The exercise is intended to gather feedback from residents and businesses to ...

China Uses Maritime Enforcement Operations to Reinforce Claims Near Taiwan

The deployment of transport ministry law enforcement vessels east of Taiwan reflects Beijing's increasing use of administrative and maritime enforcement measures in areas connected to wider regional territorial and jurisdictional disputes.

Tech Share Sales Signal Capital Rotation Following Strong Artificial Intelligence Gains

Large-scale share disposals by a state-backed semiconductor fund and technology company insiders suggest investors are locking in gains after a sharp rally in artificial intelligence-related stocks while regulators maintain close oversig...

Zero-Carbon Industrial Projects Gain Momentum Across China

Investments in green industrial parks, energy infrastructure and low-carbon manufacturing are advancing as authorities seek to establish environmental standards that support domestic development and international trade requirements.

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