Hong Kong Times

Trump-Era Policy Shifts Test the Boundaries of U.S. Institutions

A proposed presidential commemorative coin, the dismantling of federal education functions and a new addiction-drug trial illustrate how law, public health and government power are being recast.

The Peninsula Hong Kong Plans HK$2.1 Billion Renovation to Modernize Historic Property

The operator of The Peninsula Hong Kong and its Tokyo counterpart will invest HK$2.1 billion in a comprehensive upgrade of the flagship hotel, seeking to modernize facilities and maintain luxury standards while preserving the property's ...

Mainland Chinese Investor Buys Hong Kong Luxury Residence for US$18 Million

An investor linked to a prominent Ningbo billionaire has purchased a high-end Hong Kong residence for US$18 million, highlighting continued demand for luxury property among wealthy mainland Chinese buyers.

Chinese AI Developer Moonshot Prepares for Major Hong Kong Listing Targeting US$50 Billion Valuation

Moonshot is restructuring its offshore corporate setup ahead of a planned Hong Kong stock listing, with the artificial intelligence developer targeting a US$50 billion valuation as investor interest in advanced language models grows.

Hong Kong to Issue Additional RMB750 Million in Institutional Infrastructure Bonds

The Hong Kong Monetary Authority will reopen a three-year institutional government bond issue to raise an additional RMB750 million, directing institutional capital toward public works under the city's expanded Infrastructure Bond Progra...

Hong Kong IPO Fundraising Surges 154% to HK$328 Billion in First Seven Months

Hong Kong Exchanges and Clearing reported HK$328 billion in initial public offering fundraising from January through July, supported by 104 new listings and a 17% rise in average daily turnover, reinforcing the city's role as a major glo...

Hong Kong Seeks Deeper ASEAN Trade and Investment Ties Ahead of RCEP Accession Bid

Chief Executive John Lee met ASEAN Secretary-General Kao Kim Hourn to discuss cooperation in finance, logistics and technology as Hong Kong seeks regional support for its early accession to the Regional Comprehensive Economic Partnership.

Hong Kong Launches US$8 Billion Fund to Strengthen Biotechnology and Life Sciences Sector

A new investment fund backed by regional investors will finance life sciences and biotechnology research and development while seeking to attract international pharmaceutical talent to Hong Kong Science Park and the Greater Bay Area.

Hong Kong Regulator Warns of Extreme Share Concentration in 13 Listed Companies

The Securities and Futures Commission has flagged 13 small and mid-cap stocks for unusually concentrated ownership, warning that limited public floats can leave retail investors exposed to sharp price swings and potential market manipula...

Cathay Pacific Profit Jumps 71% as Middle East Disruptions Redirect Traffic Through Hong Kong

Cathay Pacific reported a first-half net profit of HK$6.2 billion despite a near doubling in jet fuel costs, as international travelers rerouted through Asia to avoid airspace disruptions linked to the conflict in the Middle East.

Swire Properties Results Show Wider Recovery Gap Between Central and Other Hong Kong Business Districts

Swire Properties said prime offices in Central are recovering faster in occupancy and rents than properties in other districts, as multinational companies increasingly favor high-quality locations during a broader commercial real estate ...

China Tightens Offshore Tax Rules for Wealthy Individuals and Closes Trust Loopholes

China has introduced a twenty percent tax framework targeting offshore structures previously used by wealthy individuals, giving high-net-worth taxpayers ninety days to settle back taxes as authorities intensify revenue collection.

China Highlights New Technology Breakthroughs Across Space, Displays and Advanced Materials

Chinese state media has highlighted a series of technological advances spanning upgrades to the Five-hundred-meter Aperture Spherical Telescope, new-generation display panels and ultra-thin high-end steel as Beijing expands domestic capa...

State-Backed Chinese Tourism Developers Face Losses From Debt and Idle Property Projects

Major state-owned tourism developers are facing mounting losses despite strong domestic travel demand, as idle real estate projects and debt accumulated during years of construction continue to weigh on their finances.

China Intensifies IPO Crackdown as Regulators Penalize Smaller Brokerages

Chinese securities regulators are tightening scrutiny of investment banking failures and imposing penalties on smaller brokerages, forcing firms to strengthen compliance as authorities seek to improve the quality of new listings and curb...

NASN Intelligent Technology Reaches Ten Billion Hong Kong Dollar Valuation in Hong Kong IPO

Chinese autonomous-driving component maker NASN Intelligent Technology reached a valuation of ten billion Hong Kong dollars in its Hong Kong debut, highlighting the growing capitalization of domestic suppliers serving China’s electric ve...

China’s Services Trade Grows Eight Percent as Travel and Knowledge-Intensive Sectors Recover

China’s services trade exceeded three point seven trillion yuan in the first half of the year, up eight point three percent, with growth in cultural and entertainment services and intellectual property payments reflecting a broader recov...

Chinese Treasury Bond Futures Begin Trading in Hong Kong

Chinese treasury bond futures have started trading in Hong Kong, giving international investors new tools to manage renminbi-denominated sovereign debt exposure and strengthening links between mainland and offshore financial markets.

China Audit Finds Billions in Rural Development Funds Diverted to Local Debt Support

A national audit found that local authorities diverted more than four billion US dollars intended for rural development to support struggling state-owned enterprises and address off-balance-sheet liabilities, highlighting growing fiscal ...

People’s Bank of China Signals Moderately Loose Policy and More Support for Economy

The People’s Bank of China has pledged stronger counter-cyclical adjustments, ample market liquidity and lower social financing costs in the second half of the year as policymakers seek to support domestic demand and stabilize economic c...

China’s Foreign Trade Expands Nineteen Percent in July as High-Tech and Electric Vehicle Shipments Surge

China’s foreign trade grew nineteen point two percent year on year in yuan terms in July, beating expectations as strong global demand for electronics, machinery and green technology offset continued weakness in domestic consumption.

China Deploys Domestic Deep Ultraviolet Lithography Systems in Push for Semiconductor Self-Sufficiency

Chinese state-owned companies have begun deploying domestically developed immersion deep ultraviolet lithography equipment at major chipmakers including Semiconductor Manufacturing International Corporation, reducing the impact of foreig...

Cambridge Faces Calls for Independent Review of Jason Arday Appointment

The university is under pressure to examine its recruitment, research-integrity and complaint-handling systems after Arday resigned amid unresolved allegations about his work and credentials.

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 Launches HK$50 Billion Silver Bond Offering With 4.25 Percent Minimum Return

Hong Kong authorities have announced the eleventh issuance of retail Silver Bonds for senior citizens, guaranteeing a minimum annual return of 4.25 percent as investors seek stable yields ahead of expected global interest rate cuts.

Mainland Tax Enforcement on Hong Kong Insurance Policies Sparks Financial Sector Sell-Off

Reports that mainland Chinese tax authorities have begun enforcing a 20 percent personal income tax on dividends and returns from Hong Kong offshore insurance policies triggered sharp declines in major insurer shares, closing a longstand...

Hong Kong and Macau Police Break Up HK$107 Million Cryptocurrency Fraud Network

A joint investigation by Hong Kong and Macau authorities led to the arrest of eight suspects accused of operating a cryptocurrency investment scam that allegedly defrauded hundreds of victims of more than HK$107 million.

Swire Properties Posts Higher First-Half Profit as Premium Assets Outperform

Swire Properties reported an 11 percent increase in first-half underlying profit to HK$4.9 billion, supported by luxury residential sales, while the company said prime office properties in Central continue to outperform weaker commercial...

Hong Kong Shifts Tourism Campaign Toward Culture, Nature and Local Experiences

The Hong Kong Tourism Board has launched a new international marketing campaign highlighting hiking trails, heritage villages and local cuisine as it seeks to attract longer-staying visitors beyond the city's traditional shopping and sky...

Private Home Completions Jump in June as Hong Kong Housing Supply Increases

New figures from the Rating and Valuation Department showed private residential completions more than tripled from the previous month to exceed 3,500 units in June, adding to housing supply as the property market continues to stabilize.

Hang Seng Index Falls as Investors Cut Exposure to Technology and Insurance Stocks

The Hang Seng Index fell 1.5 percent to finish below 25,600 as investors took profits in technology shares and reacted to concerns over mainland insurance regulations and upcoming United States economic data.

HK Electric Opens Smart Operations Centre to Strengthen Power Grid Resilience

HK Electric has launched a new intelligent operations centre using predictive analytics and smart-grid monitoring to help maintain reliable electricity supplies during Hong Kong's peak typhoon season and other extreme weather events.

China Brings New Hualong One Nuclear Reactor Into Commercial Operation

A domestically developed Hualong One nuclear reactor entered commercial service in southern China, supporting the country's goal of increasing non-fossil electricity generation while strengthening its nuclear technology industry.

Shenzhou-21 Crew Returns After Record Tiangong Space Station Mission

The three astronauts from the Shenzhou-21 mission made their first public appearance after completing a record two hundred ten days aboard the Tiangong space station, where they carried out scientific research and tested advanced life-su...

China Unveils New Intellectual Property Strategy Focused on Artificial Intelligence

The State Council released a new intellectual property plan through 2030 that will establish rules for artificial intelligence, algorithms and data assets while shifting policy incentives from patent numbers toward the commercial applica...

China's Services Trade Expands on Strong Growth in Knowledge-Intensive Exports

The Ministry of Commerce said services trade rose eight point three percent in the first half of two thousand and twenty-six to nearly three point seven eight trillion yuan, driven by rapid growth in technology services and intellectual ...

China Advances Satellite Network With Back-to-Back Rocket Launches

China launched new low-Earth orbit internet satellites aboard a Long March-8A rocket and followed with two artificial intelligence satellites on a Smart Dragon-3 mission, expanding both commercial and strategic space capabilities.

Chinese Military Conducts Joint Naval and Air Patrols Around Scarborough Shoal

The People's Liberation Army carried out coordinated naval and air operations near Scarborough Shoal following renewed tensions with the Philippines, underscoring Beijing's determination to reinforce its presence in the disputed South Ch...

China Criticizes Japan Over Debate on Post-War Non-Nuclear Principles

The Foreign Ministry accused Japan of using regional security tensions to justify military expansion and closer nuclear cooperation with the United States, warning that any shift away from its longstanding non-nuclear principles would un...

China Orders Flood Preparations Ahead of Typhoon Dolphin

The Ministry of Water Resources instructed authorities across major river basins to strengthen flood-control measures, inspect reservoirs and prepare for possible flooding as Typhoon Dolphin approaches eastern and southern China.

China Extends Central Bank Gold Buying as Investors Shift Toward Bullion

The China Gold Association said the People's Bank of China increased its gold reserves for a twentieth consecutive month while demand for gold bars and coins rose sharply and jewelry purchases declined amid elevated prices.

China Launches National Security Investigation Into Foreign Office Software

The Ministry of Commerce has opened its first national security investigation under the Foreign Trade Law into imported office equipment using foreign-developed software, examining potential risks to state secrets and critical digital in...

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