Hong Kong Times

Hong Kong Mortgage Corporation Launches Summer Campaign to Promote Retirement Planning

The Hong Kong Mortgage Corporation has introduced a summer financial literacy campaign promoting its Retire Three programs, including reverse mortgages and annuities, through public exhibitions and educational seminars for older residents.

Hong Kong Accelerates Northern Metropolis Development With Focus on Science and Education

Chief Executive John Lee said the Northern Metropolis project is moving from planning to implementation, with faster development of a university town and science park infrastructure to strengthen Hong Kong's integration with national tec...

Wang Yi and Marco Rubio Discuss Maintaining Stable China-United States Relations

Chinese Foreign Minister Wang Yi told United States Secretary of State Marco Rubio that both countries should remove obstacles and maintain a constructive relationship of strategic stability, citing the consensus reached by President Xi ...

China Reaffirms Support for Pakistan Through Closer Five-Year Plan Cooperation

Chinese Ambassador Jiang Zaidong said Beijing will deepen cooperation with Pakistan by aligning China's 15th Five-Year Plan with the Uraan Pakistan initiative, while advancing the second phase of the China-Pakistan Economic Corridor.

China's Ethnic Unity Law Takes Effect With Expanded Scope Over Overseas Conduct

China's new Ethnic Unity and Progress Promotion Law has entered into force, reinforcing the goal of a unified national identity and authorizing authorities to address conduct considered harmful to ethnic unity, including actions that occ...

China Funds New Diaspora Center in Somalia to Support National Development

Somali Prime Minister Hamza Abdi Barre and Chinese Ambassador Wang Yu inaugurated a Chinese-funded diaspora center in Mogadishu, aiming to strengthen Somalia's diaspora policy and encourage overseas communities to contribute to the count...

Premier Li Qiang Unveils 'China Opportunity 2.0' Vision Centered on Innovation and Advanced Industries

Speaking at the Summer Davos Forum in Dalian, Premier Li Qiang said China's 15th Five-Year Plan will prioritize future industries, technological diffusion and innovation-led growth, inviting international partners to work with China's ma...

Northern Metropolis Financial Advisory Taskforce Begins Strategic Planning

The Northern Metropolis Financial Advisory Taskforce has held its first meeting with representatives from 21 banks and government departments to coordinate financing strategies for the territory's long-term infrastructure development.

HKEX Confirms August Launch of China Government Bond Futures

Hong Kong Exchanges and Clearing will introduce China Government Bond Futures on Aug. 3, providing international investors with a new instrument to hedge exposure to Mainland China's sovereign debt and expanding the city's derivatives ma...

Hong Kong Economy Maintains Growth Momentum on Strong Trade and AI-Related Exports

The Hong Kong government said the economy continued to show resilience into the second quarter after first-quarter growth of 5.9 percent, supported by robust external trade, domestic demand and sustained global demand for artificial inte...

Hong Kong Gazettes Northern Link Spur Line to Strengthen Shenzhen Connectivity

The government has formally gazetted the Northern Link Spur Line railway scheme, which will add three stations linking the San Tin Technopole with Shenzhen's Huanggang Port to improve cross-boundary transport and innovation cooperation.

Development Bureau Launches Pilot Scheme to Reduce Upfront Costs for Industrial Projects

The Development Bureau has introduced a Pay-for-What-You-Build pilot scheme designed to lower initial financing requirements for industrial developments and encourage higher-quality investment in designated sites.

Hong Kong Opens Public Consultation on 2026-2030 Development Plan

The government has launched a public consultation on the Hong Kong Special Administrative Region's first five-year social and economic development plan, setting out priorities aligned with China's 15th Five-Year Plan.

Northern Metropolis Development Gains Pace as San Tin Technopole Begins Full Operations

San Tin Technopole Company Limited has started full-scale operations to develop 210 hectares of innovation and technology land, marking a significant step in the Northern Metropolis strategy to strengthen Hong Kong's role within the Grea...

Hong Kong Financial Sector Prepares for Bond Connect Summit

Financial institutions are finalizing preparations for the Hong Kong Fixed Income and Bond Connect Summit on July 7, where market participants will discuss strengthening Hong Kong's position as the leading international gateway to Mainla...

Hong Kong and Guangdong Adopt Joint Construction Standards for Greater Bay Area Projects

Hong Kong's Development Bureau and Guangdong authorities have established a joint mechanism to harmonize construction standards, seeking to streamline cross-border projects and enhance the competitiveness of the Greater Bay Area's engine...

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

Hong Kong Exchanges and Clearing and the Hong Kong Monetary Authority have launched a pilot program to support digital payment solutions for after-hours derivatives trading, with the aim of improving settlement efficiency and reducing op...

Hong Kong Tourism Stays on Track for Strong Visitor Growth in 2026

The Hong Kong Tourism Board said visitor arrivals remain on course to meet the full-year target of 53.8 million, supported by continued demand from Mainland China and overseas markets alongside a busy calendar of major events.

Government Begins Public Consultation on Northern Metropolis Coastal Protection Park

Authorities have started public engagement on a proposed Coastal Protection Park covering Tsim Bei Tsui, Lau Fau Shan and Pak Nai, aiming to balance environmental conservation with long-term development in the Northern Metropolis.

HKEX Strengthens Client Margin Framework for Derivatives Trading

Hong Kong Exchanges and Clearing has updated its client margin framework to align more closely with international risk management practices and improve the efficiency and resilience of its derivatives market.

HKEX Tech 100 Index Gains Recognition as Benchmark for Hong Kong Technology Stocks

The HKEX Tech 100 Index is attracting growing use among institutional investors as a benchmark for Hong Kong's expanding technology sector, reflecting broader diversification in the city's listed companies.

China’s Capital Markets Shift Toward Semiconductors as Tech IPOs Gather Pace

Domestic exchanges are seeing a surge in semiconductor and hard-technology listings, while the Shenwan Semiconductor Index has surpassed state-owned commercial banks in total market capitalization, reflecting growing investor support for...

Shanghai Stock Exchange Accepts Silicon Photonics Firm XPHOR for STAR Market Listing

The Shanghai Stock Exchange has accepted the IPO application of silicon photonics developer XPHOR, which plans to raise more than 2.4 billion yuan to expand production of photonic integrated chips used in artificial intelligence computin...

Chinese Electric Vehicle Makers Post Strong June Delivery Growth Despite Intense Competition

Leading new energy vehicle manufacturers, including Nio and Li Auto, reported solid year-on-year delivery gains in June, with Nio's deliveries rising 62.9 percent as software upgrades and an expanded premium SUV lineup helped sustain mom...

HKEX Lowers Board Lot Threshold to Make Hong Kong Stock Market More Accessible

Hong Kong Exchanges and Clearing has introduced a new board lot framework that standardizes trading units and reduces the recommended minimum board lot value to HK$1,000, aiming to improve market accessibility, liquidity and trading effi...

China Tightens Oversight of Outbound Investment and Technology Transfers Under New Regulations

China's new Regulation on Overseas Investment took effect on July 1, establishing a 34-article framework that expands government scrutiny of overseas investments, restricts unauthorized transfers of sensitive technologies, data and speci...

Chinese Real Estate Brands Lose Value as Property Market Remains Under Pressure

A new Brand Finance report shows Chinese developers continue to occupy five of the world's top ten real estate brands, but their combined brand value has fallen 29 percent amid prolonged liquidity pressures and weaker housing sales, with...

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.

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