Hong Kong Times

Hong Kong Trade Development Council Backs Five-Year Plan and Northern Metropolis Investment Push

The Hong Kong Trade Development Council has endorsed the government’s new Five-Year Plan and pledged support for attracting international investment, strengthening technology and manufacturing links and expanding Hong Kong’s role in cros...

Cathay Pacific Extends Dubai and Riyadh Passenger Flight Suspensions Through November

Cathay Pacific has cancelled passenger services between Hong Kong and Dubai and Riyadh through November thirtieth, citing developments in the Middle East and forcing affected travellers to rebook, reroute or seek refunds.

Hong Kong Exchange Welcomes Artificial Intelligence Supply-Chain ETF Focused on Asian Semiconductor Bottlenecks

The CSOP Solactive Asia Artificial Intelligence Bottleneck Index Exchange Traded Fund has launched in Hong Kong, giving investors targeted exposure to Asian companies operating in critical semiconductor and infrastructure segments suppor...

Singapore Banks Expand Gold Vault Capacity as Competition With Hong Kong for Asian Wealth Intensifies

DBS has increased bullion storage capacity in Singapore while other financial institutions consider similar expansion, strengthening the city-state’s push to become a global gold hub as Hong Kong simultaneously develops its own precious-...

Hikvision Restructures Global Compliance Operations as International Trade Restrictions Multiply

Chinese surveillance equipment manufacturer Hikvision is overhauling legal and export-control procedures as it navigates differing sanctions, trade restrictions and procurement rules across overseas markets.

Hong Kong Retains Third Place Globally and Leads Asia-Pacific in Financial Centres Ranking

Hong Kong remained the world’s third-ranked financial centre and the highest-ranked in Asia-Pacific in the fortieth Global Financial Centres Index, maintaining its regional lead as the city seeks to strengthen its position in investment ...

Hong Kong Dollar Weakens Toward Convertibility Band as Interest-Rate Differentials Encourage Carry Trades

The Hong Kong dollar weakened toward the soft end of its permitted trading band against the United States dollar as investors sought to exploit differences in funding costs and yields, adding another monetary challenge as local borrowing...

Hong Kong Monetary Authority Raises Base Rate to 4.25 Percent After Federal Reserve Increase

The Hong Kong Monetary Authority raised its base rate by twenty-five basis points to four point two five percent following the United States Federal Reserve’s latest increase, lifting borrowing costs as the city’s property and corporate ...

Hong Kong Expands Offshore Yuan and Gold Trading Ambitions Under New Financial Blueprint

Hong Kong plans to deepen offshore renminbi markets, broaden cross-border financial links and build a larger international gold trading, storage and clearing ecosystem as part of its Five-Year Plan to reinforce the city’s role as a globa...

John Lee Unveils Hong Kong’s First Five-Year Plan With Focus on Innovation, Northern Metropolis and Talent

Chief Executive John Lee released Hong Kong’s first Five-Year Plan for 2026 to 2030, setting development priorities spanning innovation, the Northern Metropolis, finance and talent as the government adopts a more structured approach to l...

Hainan Expands Commercial Space and Supercomputing Infrastructure

Authorities in Hainan are developing satellite manufacturing, reusable rocket launch facilities and aerospace computing infrastructure as the southern island broadens its economic focus beyond tourism and builds a larger commercial space...

China Prepares Statistical Overhaul to Better Measure Digital Economy Activity

China’s statistical authorities are preparing changes to national accounting methods intended to capture more of the economic value generated by data, algorithms and digital services as technology plays a larger role across the economy.

Chinese Smartphone Makers Expand Use of Domestic Artificial Intelligence Models in Flagship Devices

Chinese consumer electronics companies are rolling out a new generation of smartphones with locally developed Artificial Intelligence assistants capable of handling increasingly complex voice commands and cross-application tasks.

China Moves to Expand Brain-Computer Interface Standards for Artificial Intelligence and Medical Devices

Chinese regulators are advancing technical standards for brain-computer interface medical devices, including requirements covering electroencephalogram data, as the country builds a regulatory framework for the emerging neurotechnology i...

China Warns of Countermeasures After United States Accuses Technology Firms of Artificial Intelligence Distillation

China has rejected United States allegations that Chinese Artificial Intelligence developers conducted large-scale unauthorised distillation of American frontier models, with the Commerce Ministry warning of countermeasures if Washington...

China Establishes Centralised Fund Monitoring System as Private Investment Oversight Tightens

Chinese regulators are creating a Fund Monitoring Center under the China Securities Regulatory Commission to centralise registration and risk monitoring across private funds, extending a broader regulatory drive to improve transparency a...

Chinese Researchers Detail Autonomous Flight and Drone Wingman Technologies for Future Combat Aircraft

Researchers linked to China’s Shenyang Aircraft Design and Research Institute have outlined technologies that could allow future combat aircraft to fly autonomously, operate when satellite navigation is unavailable and coordinate formati...

Pinglu Canal Opens Direct Maritime Route From Southwest China to Southeast Asian Markets

The one-hundred-thirty-four-kilometre Pinglu Canal has begun commercial operations in Guangxi, giving southwestern Chinese provinces a shorter route to the Gulf of Tonkin and reducing logistics distances for trade with Southeast Asia.

China Youth Unemployment Rises to 18.9 Percent as Graduate Hiring Pressures Intensify

China’s unemployment rate for people aged sixteen to twenty-four excluding students rose to eighteen point nine percent in August, its highest level in a year, highlighting continued pressure on younger workers as large numbers of gradua...

China Deploys 100,000 Domestic Artificial Intelligence Chips for Advanced Weather Forecasting

China has activated a weather forecasting system powered by about one hundred thousand domestically produced Artificial Intelligence chips, capable of generating ten-day forecasts at five-kilometre resolution and demonstrating growing us...

Hong Kong Unveils First Five-Year Development Plan With Greater Focus on Technology and Global Finance

Chief Executive John Lee has introduced Hong Kong’s first five-year economic and social development plan, expanding the city’s focus on Artificial Intelligence, innovation, advanced industries and financial services while seeking to rais...

China Targets $4.5 Trillion Technology Manufacturing Industry by 2030

China has set a goal of lifting annual revenue from its electronic information manufacturing industry above thirty trillion yuan, equivalent to about four point five trillion United States dollars, by 2030 as Beijing prioritises Artifici...

Huawei Unveils New Ascend Chips and Optical Supernode Architecture for Large-Scale Artificial Intelligence Computing

Huawei introduced its latest Ascend computing architecture and optical interconnection technology, designed to link thousands of processors into large clusters as the Chinese technology group expands its domestic alternative to advanced ...

Hong Kong and Shenzhen Sign New Agreements to Deepen Greater Bay Area Integration

Hong Kong and Shenzhen have reached additional cooperation agreements aimed at reducing cross-border business friction and strengthening economic and technology links within the Greater Bay Area.

China Finds Two Large Groundwater Sources Beneath Taklamakan Desert

Geological teams have identified two major groundwater sources beneath the Taklamakan Desert in Xinjiang, including flowing and renewable water, offering potential new supplies for agriculture and desert-control projects.

Hong Kong Expands Digital Finance Push With Stablecoin Rules and Tokenized Funds

Hong Kong’s financial sector is preparing for its stablecoin licensing framework while HashKey Exchange has introduced Franklin Templeton’s tokenized fund to Asian investors, extending the city’s regulated digital-asset market.

Hong Kong Retains Third Place Globally and Top Asia Ranking in Financial Centres Index

Hong Kong remained the world’s third-ranked financial centre and Asia-Pacific’s leading hub in the latest Global Financial Centres Index, scoring five points behind New York and one point ahead of Singapore.

Hong Kong IPO Fundraising Tops $40 Billion as Listing Market Rebounds

More than 100 companies have listed in Hong Kong in 2026, raising over $40 billion as the city’s equity market attracts renewed capital-raising activity from companies seeking access to international investors.

Hong Kong Raises Silver Bond Issuance to HK$55 Billion After Record Demand

The Hong Kong government increased its latest Silver Bond issuance from an initial HK$50 billion target to HK$55 billion after applications reached HK$119.3 billion, with the bonds offering eligible older residents a minimum interest rat...

Hong Kong Belt and Road Summit Produces $3.1 Billion in International Agreements

Hong Kong’s annual Belt and Road Summit concluded with memorandums of understanding worth $3.1 billion, reinforcing the city’s role in financing, structuring and supporting international infrastructure and trade projects.

Hong Kong Plans Treasury Tax Reforms to Attract More Multinational Corporate Centres

Proposed tax changes for the 2026-27 fiscal year would expand incentives for multinational companies to establish treasury operations in Hong Kong, supporting the city’s competition for regional headquarters and corporate liquidity manag...

Hong Kong Deepens Financial Links With Dubai and Oman

Hong Kong financial institutions are expanding cooperation with Dubai while Omani lender Sohar International establishes an Asia-Pacific base in the city, strengthening connections between Gulf capital and Asian markets.

China Criticises Proposed EU Cybersecurity Rules Targeting Chinese Telecom Equipment

Beijing has objected to proposed European cybersecurity requirements that could force operators to replace Chinese telecommunications equipment after industry executives warned that broad removal mandates could cost the sector as much as...

Knowledge-Intensive Services Rise to More Than Half of China’s Service Exports

Chinese Commerce Ministry data show knowledge-intensive services accounted for 53.5% of service exports in the first seven months of 2026, highlighting continued growth in higher-value technology, information and professional services.

China Expands Security Diplomacy at Xiangshan Forum as Wang Yi Urges Restraint on Iran

China used the Beijing Xiangshan Forum to deepen defence engagement with foreign delegations, while Foreign Minister Wang Yi separately urged Iran and the United States to exercise restraint and return to negotiations amid continuing Mid...

Chinese Research Vessel Completes Month-Long Survey Near Scarborough Shoal

A Chinese state-backed research vessel has finished a month-long geological and environmental survey near Scarborough Shoal, a disputed South China Sea feature claimed by both China and the Philippines.

China-ASEAN Expo Opens in Nanning With Focus on Investment, AI and Supply Chains

Vice Premier Ding Xuexiang is leading China’s participation in the 23rd China-ASEAN Expo as Beijing and Southeast Asian governments seek deeper investment and supply-chain ties following record bilateral trade of more than $1 trillion in...

China Uses 100,000 Domestic AI Chips for Advanced 10-Day Weather Forecasting

China’s Sugon 8000 computing system is using 100,000 domestically produced artificial-intelligence processors to generate high-resolution weather forecasts up to 10 days ahead, demonstrating another large-scale application of home-grown ...

China Launches Five-Year Financial Overhaul as Institutional Buying of A-Shares Expands

Chinese authorities have begun implementing a 2026-2030 financial-sector plan covering monetary policy, capital-market reform and financial supervision, with medium- and long-term institutional investors making more than 600 billion yuan...

Taiwan Arms Sales Add Risk Ahead of Expected Xi-Trump Summit

Beijing is weighing its position ahead of an anticipated meeting between President Xi Jinping and U.S. President Donald Trump as trade negotiations continue and possible American arms sales to Taiwan threaten to complicate already sensit...

Hong Kong-Peru Free Trade Agreement Takes Effect With Tariffs Cut Across Most Goods

The trade pact removes or phases out duties on 98.3% of Peru’s tariff lines for qualifying Hong Kong exports, strengthening commercial links between Hong Kong and Latin America.

Hong Kong Targets HK$126 Billion in Tourism Value by 2030

Hong Kong plans to expand tourism through film locations, major sporting events and other higher-value visitor experiences, with the sector’s economic contribution targeted to reach HK$126 billion by the end of the decade.

Hong Kong Plans New Training Visa and Fast-Track Border Access for Key Workers

A new visa for short-term professional training could begin in early 2027, while a separate white-list system is intended to streamline cross-border movement for more than 1,000 workers in the Northern Metropolis.

Hong Kong Commercial Property Market Faces Continued Pressure From Tight Credit

Analysts expect commercial property to remain under strain as cautious bank lending, refinancing pressures and weak demand continue to weigh on parts of the office and retail market.

Hong Kong’s Silver Economy Projected to Reach HK$500 Billion by 2034

Financial Secretary Paul Chan said spending by people aged 60 and above could rise from about HK$340 billion in 2024 to nearly HK$500 billion by 2034, creating new demand for products and services aimed at older consumers.

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