Hong Kong Times

US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces

US Central Command said dozens of Iranian targets were hit after missiles were fired towards US forces in Jordan, while Iranian media reported civilian deaths on Qeshm island.

The chief executive of the popular gaming company laid off many employees and his pay rose to 38 million dollars

Electronic Arts cut jobs across four studios while its chief executive, Andrew Wilson, received an eight-million-dollar increase in annual compensation.

Survey Shows Hong Kong Remains Key Gateway for Mainland Firms Expanding Into ASEAN

A Hong Kong Trade Development Council survey found that 80% of mainland Chinese companies view Hong Kong as an essential base for expanding into Southeast Asia, citing its financial services, legal framework and professional expertise.

China Advances Lithography Technology and Artificial Intelligence Development

Chinese technology companies continued making progress toward mass production of advanced deep ultraviolet lithography while domestic large language models, including Kimi, gained broader international enterprise evaluation.

China and European Union to Hold New Trade and Investment Talks This Autumn

China's Ministry of Commerce said Beijing and Brussels will convene a second Trade and Investment Consultation Mechanism meeting after completing more than 20 working-level discussions aimed at strengthening economic cooperation and stab...

China's New Energy Vehicle Production and Sales Top Seven Million in First Half

The China Association of Automobile Manufacturers said both production and sales of new energy vehicles exceeded seven million units during the first six months of 2026, supported by strong domestic demand and growing exports.

China Tightens Oversight of Outbound Investment With New National Security Rules

New State Council regulations that took effect in July 2026 consolidate approval procedures while introducing dedicated national security reviews and expanding oversight of personal overseas investments and corporate asset transfers.

People's Bank of China Injects Liquidity to Support Financial Markets

China's central bank conducted large-scale reverse repo operations and medium-term lending to maintain ample banking system liquidity following first-half economic growth of 4.7% year on year.

China Unveils Five-Year Renewable Energy Plan Targeting 3,500 GW Capacity by 2030

China's top economic and energy planners released the 2026–2030 renewable energy development plan, setting a target of 3,500 gigawatts of installed renewable capacity by 2030, including 2,800 gigawatts from wind and solar power to streng...

China Marks 50th Successful Launch at Wenchang Space Center

The Wenchang Spacecraft Launch Site successfully launched the Tianlian-3-01 data relay satellite aboard a Long March 7A rocket, completing its 50th successful mission and reinforcing China's expanding space launch capabilities.

Forbidden Love: China severs millions from their virtual partners

New Chinese regulations prohibit AI chatbots from forming emotional dependencies with humans, even as the nation advances hyper-realistic humanoid robotics.

Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight

A modified Airbus A350-1000ULR traveled over 23,000 kilometers from Melbourne to Toulouse, drawing millions of real-time viewers.

Independent Hong Kong Bookstores Announce Closures After National Security Investigations

Long-established independent booksellers Greenfield Book Store and Have a Nice Stay announced permanent and temporary closures following national security police investigations into alleged seditious publications, highlighting the increa...

Hong Kong Advances Tax Incentives for Funds and Family Offices

The Hong Kong government is moving forward with legislation to expand tax concessions for investment funds, family offices, and carried interest, reinforcing the city's position as an international wealth management and asset management ...

Hong Kong Launches Global Tourism Campaign After Strong Visitor Recovery

The Hong Kong Tourism Board unveiled its new "Only in Hong Kong" international marketing campaign after visitor arrivals rose 13% year on year to 26.71 million in the first half of 2026, with the initiative targeting higher-spending trav...

Hong Kong Eases Listing Rules to Attract More Technology IPOs

Hong Kong Exchanges and Clearing introduced major listing reforms, lowering market capitalization thresholds for companies with weighted voting rights and expanding confidential filing arrangements to strengthen the city's competitivenes...

Chief Executive John Lee Holds Policy Dialogue With Lawmakers

Chief Executive John Lee met with 67 Legislative Council members to strengthen cooperation between the government and legislature, with discussions focusing on economic reforms, public services, and improving administrative efficiency.

Hong Kong Exchange Fund Earns HK$134.7 Billion in First Half as HKMA Warns of Market Risks

The Hong Kong Monetary Authority reported HK$134.7 billion in first-half investment income for the Exchange Fund, driven by strong returns from overseas equities and bonds, while cautioning that artificial intelligence valuations and geo...

China's Summer Box Office Tops 50 Billion Yuan

China's summer cinema season generated more than 50 billion yuan in box office revenue as nearly 80 film releases attracted strong audiences and supported wider retail and nighttime consumer spending.

Shanghai Stock Exchange Undergoes Leadership Transition

Shanghai Stock Exchange President Cai Jianchun stepped down to assume new responsibilities within China's broader financial regulatory framework as part of an administrative leadership rotation.

IMF Raises China's 2026 Growth Forecast to 4.6%

The International Monetary Fund increased its forecast for China's economic growth to 4.6% in 2026, citing resilient industrial production and stronger-than-expected exports of high-tech manufactured goods.

Lenovo Capital Predicts Consolidation Across China's AI Robotics Industry

A Lenovo Capital executive said intensifying competition will likely trigger consolidation in China's artificial intelligence robotics sector, arguing that hardware-focused business models alone are unlikely to remain competitive.

Chinese Local Governments Expand Financial Incentives to Boost Marriage and Birth Rates

Provincial and municipal authorities introduced cash subsidies, housing vouchers, and other incentives for newly married couples and families with newborns as policymakers respond to persistently low marriage registrations and demographi...

China Development Bank Appoints Huang Zhiqiang as Deputy Party Chief

China Development Bank named former Bank of China executive Huang Zhiqiang as deputy party chief as part of a senior leadership reshuffle at the country's largest policy lender.

ByteDance Launches Doubao Search as ChangXin Memory Joins MSCI China Index

ByteDance introduced its proprietary Doubao search service to expand its artificial intelligence ecosystem, while memory chipmaker ChangXin Memory Technologies was added to the MSCI China All Shares Index, highlighting continued momentum...

Optical Component Makers Announce Share Buybacks to Support Market Confidence

Leading Chinese optical module manufacturers unveiled multibillion-yuan share repurchase programs and rejected reports of significant product price cuts, seeking to reassure investors amid volatility in artificial intelligence hardware s...

China Expands Export Controls on 14 European Organizations

China's Ministry of Commerce placed 14 European organizations, including Rheinmetall and Lafert, on an export control watchlist, restricting transfers of Chinese dual-use items in response to recent European Union sanctions.

People's Bank of China Injects 500 Billion Yuan to Support Banking Liquidity

The People's Bank of China conducted a 500 billion yuan one-year medium-term lending facility operation to maintain ample liquidity in the financial system as authorities continue to manage domestic credit conditions.

The Great Economic Shift: How China's Tech Surge is Overpowering Germany's Industrial Decline

As the historic German battery giant Varta files for insolvency following the loss of key Apple contracts, China's CXMT achieves a meteoric stock market debut, signaling a massive global pivot in semiconductor leadership.

Apple Briefly Crosses Five Trillion Dollar Mark as Investors Favour Restraint on AI Spending

The iPhone maker reclaimed its position ahead of Nvidia after a rotation out of chip shares sharpened investor interest in its cash-generative business model.

Zuckerberg Opposes US Ban on Chinese AI Models and Warns of Regulatory Capture

The Meta chief says American competitiveness should be strengthened through open innovation and targeted safeguards rather than blanket restrictions on Chinese systems.

Russian Authorities Place Telegram Founder on International Wanted List

The Kremlin's pursuit of Pavel Durov intensifies following new charges regarding the facilitation of illicit digital communications.

Fauci pleads Fifth Amendment 100 times in Covid hearing

Fauci pleads Fifth Amendment 100 times in Covid hearing

Dr Fauci declined to answer all questions that answering them will criminalized him and all the criminals against humanity he was involved with

Analysts See Gradual Recovery for Hong Kong Equities in Second Half of 2026

Market analysts forecast a modest rebound in Hong Kong stocks, supported by relatively low valuations, expectations of lower U.S. interest rates, stronger trading activity and a sharp increase in initial public offering fundraising durin...

University of Hong Kong President Zhang Xiang to Step Down in 2028

University of Hong Kong President Zhang Xiang announced he will leave his post when his current term ends in 2028, providing the institution with a clear timetable for its leadership transition.

Hong Kong Men's Foil Team Wins Historic World Championship Silver

Hong Kong's men's foil fencing team claimed a historic silver medal at the Fencing World Championships, adding to the city's international sporting profile and supporting its strategy of hosting major global events.

HKT Launches AI Platform to Support Small Businesses and Digital Adoption

Telecommunications provider HKT introduced its HKT.AI platform to give businesses and consumers easier access to artificial intelligence tools, supporting broader digital adoption and helping small and medium-sized enterprises integrate ...

Hong Kong Exports Jump 53.4% in June on Strong Global AI Demand

Hong Kong's exports rose 53.4% year on year to HK$641.1 billion in June, marking the strongest monthly growth in more than 42 years as global demand for artificial intelligence-related electronics extended the city's export expansion to ...

HKG Times