Hong Kong Times

Hong Kong Trade Briefings Support New Investment Into the Philippines

Foreign companies, including Taiwanese data-center cooling manufacturers operating through Hong Kong channels, are expanding into the Philippines following investment briefings in the city, reinforcing Hong Kong’s role as a gateway for r...

More Hong Kong Residents Seek Cheaper Medical Care in Guangdong

Growing numbers of Hong Kong residents are travelling to Guangdong for lower-cost and faster medical treatment, increasing financial pressure on private healthcare providers in the city.

Younger Wealthy Hong Kong Investors Shift Away From Property

Wealth managers and family office advisers report that younger high-net-worth investors are moving away from traditional Hong Kong real estate toward more liquid financial assets, alternative investments and succession-friendly structures.

Northern Metropolis Land Clearance Accelerates for Major Technology and Housing Hub

Hong Kong authorities are stepping up land acquisitions and village clearance in the New Territories for the Northern Metropolis, a large technology and residential development planned to accommodate 2.5 million people and deepen integra...

Hong Kong Retail Property Market Faces Deepening Pressure on Traditional Landlords

Commercial property owners and high-street investors are facing mounting liquidity pressures as changing consumer habits, more spending across the border and weaker luxury tourism weigh on Hong Kong’s retail property market.

Hong Kong Banks Put Generative AI at Center of Investment Plans

More than half of Hong Kong financial institutions remain optimistic about regional expansion, according to the Hong Kong Banking 2030 report, with generative artificial intelligence emerging as a leading technology investment priority.

Hong Kong IPO Fundraising Jumps 153% as Listing Market Rebounds

Hong Kong Exchanges and Clearing said 106 new listings raised more than HK$342 billion in the first eight months of the year, marking a sharp recovery in fundraising activity and strengthening the city’s position as a major global capita...

Hong Kong Digital Asset Platforms Report Rising Institutional Participation

Licensed cryptocurrency platforms in Hong Kong are seeing stronger institutional engagement as the city’s regulated digital-asset market develops and attracts more professional investors.

SMIC Begins Pilot Production of 5-Nanometer Chips for Huawei AI Processors

Semiconductor Manufacturing International Corporation has begun pilot runs of a 5-nanometer process, with mass production planned for late 2026 to supply Huawei’s next-generation Ascend artificial intelligence processors despite US expor...

China Says Hidden Local Government Debt Has Fallen 50% Since 2024

Beijing says fiscal restructuring and tighter regulation have halved off-balance-sheet local government borrowing over two years, reducing pressure from legacy infrastructure debt and freeing more capital for other priorities.

China Unveils Five-Year Plan to Expand Yuan’s Global Use and Counter Financial Sanctions

The People’s Bank of China’s 2026-2030 roadmap gives the digital yuan formal legal status and calls for more offshore renminbi clearing centers in Hong Kong and the Middle East as Beijing seeks greater resilience against foreign financia...

Xi Jinping Proposes Four-Point Middle East Security Framework

President Xi Jinping outlined a new Chinese security and economic framework during talks with Egyptian leaders, expanding Beijing’s diplomatic ambitions in the Middle East beyond its traditional role as a major energy buyer.

China’s August Exports Surge 25% on Strong Demand for AI Hardware

Chinese exports rose 25% in August, driven heavily by advanced manufacturing and server components as global artificial intelligence demand helped offset weakness in domestic consumption and property markets.

Pinglu Canal Set to Open and Shorten Southern China Export Routes to ASEAN

The 134-kilometer Pinglu Canal is due to open this week, linking the Xijiang River with the Beibu Gulf and cutting shipping distances from southwestern China by more than 500 kilometers, with logistics costs to Southeast Asia expected to...

Chinese Nuclear Submarines Deploy JL-3 Missiles With Range to Reach Continental US

Defense assessments say China’s nuclear-powered ballistic missile submarines are deploying JL-3 intercontinental missiles, allowing them to potentially reach the continental United States while operating from the South China Sea.

Hong Kong Silver Bonds Draw Record Demand With Guaranteed 4.25% Yield

Hong Kong’s latest Silver Bond issuance attracted record subscriptions from senior citizens, offering a guaranteed 4.25% yield as the government raises long-term funding for infrastructure and urban development.

China Unveils Five-Year Auto Plan to Restrain Capacity Growth and Push Innovation

The State Council released a five-year strategy directing automakers to limit excessive production expansion while shifting investment toward higher-value innovation and stronger overseas market development.

Chinese Air Force Showcases Integrated Combat Systems at Egypt Aerospace Exhibition

The People’s Liberation Army Air Force displayed operational aircraft, airborne early-warning systems and stealth drones at the El Alamein Aerospace Exhibition, signaling a broader Chinese push to market integrated defense systems to Mid...

Nearly 1,500 Large Chinese Textile Companies Drop From Official Statistical Category

Almost 1,500 textile and apparel manufacturers fell out of China’s above-scale statistical group in the first half of the year as higher domestic costs and shifting orders pushed more production toward Southeast Asia and Mexico.

China Names Local Officials Over Hidden Debt and Falsified Resolution Progress

China’s top anti-corruption body and Finance Ministry publicized six cases involving new hidden debt or inaccurate reporting of debt-resolution progress, intensifying central scrutiny of off-balance-sheet borrowing by local governments.

China Introduces New Cost Rules to Crack Down on Destructive Industrial Price Wars

The National Development and Reform Commission and market regulator have issued a methodology for identifying illegal below-cost pricing, giving authorities stronger tools to intervene in price wars affecting manufacturing and automotive...

Hong Kong Housing Market Shows Signs of Recovery as Borrowing Costs Ease

Property analysts say Hong Kong’s residential market has bottomed after a prolonged downturn, with prices forecast to rise by as much as 5% and transactions to reach 70,000 this year as mortgage costs ease and end-user demand returns.

Tencent-Backed AI Chipmaker Enflame Jumps 179% in Shanghai Debut

Shares of Chinese semiconductor developer Enflame surged 179% in their Shanghai market debut, valuing the company at about $25 billion and highlighting strong investor demand for domestic artificial intelligence chipmakers.

Hong Kong Belt and Road Summit Secures $3.1 Billion in Agreements

More than 6,000 business and political leaders attended Hong Kong’s 11th Belt and Road Summit, producing over 60 memorandums of understanding and the first Middle Eastern sovereign wealth fund investment in the city’s Innovation and Tech...

China’s Central Bank Expands Push to Increase International Use of the Yuan

The People’s Bank of China outlined plans to widen bilateral currency swaps, promote the digital yuan in cross-border payments and strengthen mainland capital markets as part of a broader effort to expand the renminbi’s international role.

Hong Kong Advances $28 Billion Northern Metropolis Development

Hong Kong has awarded the Hung Shui Kiu pilot area to a corporate consortium and begun further land clearances for the Northern Metropolis project, advancing plans for a major technology and infrastructure hub integrated with the Greater...

Hong Kong Defends National Security Sentences After Three Former Alliance Leaders Jailed

Hong Kong’s government condemned foreign criticism after three former leaders of the disbanded Hong Kong Alliance were sentenced to more than seven years in prison for inciting subversion, reiterating that national security remains a con...

Hong Kong to Hold State Funeral for First Chief Executive Tung Chee-hwa

Hong Kong will hold a state funeral on September 20 for Tung Chee-hwa, the city’s first post-handover chief executive, whose death at 89 prompted tributes reflecting on his leadership during the Asian Financial Crisis and the early years...

Beijing Warns New US Arms Sales to Taiwan Could Derail Planned Washington Summit

Chinese officials warned that Beijing could cancel a planned late-September presidential summit if Washington approves additional weapons sales to Taiwan, underscoring the island’s continuing role as a central source of tension in US-Chi...

China Revises Defense Mobilization Law to Expand Military Access to Civilian Ships, Drones and AI

China’s National People’s Congress approved changes allowing broader military requisition of civilian roll-on roll-off vessels, drones and artificial intelligence infrastructure, expanding the resources available to the People’s Liberati...

Xi and Modi Hold Bilateral Talks in New Delhi as China and India Seek Border Stability

Chinese President Xi Jinping met Indian Prime Minister Narendra Modi on the sidelines of the BRICS summit in New Delhi, with the two leaders discussing their Himalayan border dispute and broader bilateral ties as Beijing also proposed a ...

Chinese Exports Rise 25% in August as AI Hardware Prices Lift Trade Value

China’s export value jumped 25% in August and helped produce a record trade surplus, though analysts cited in the notes said higher prices for legacy chips and artificial intelligence components masked weaker volumes in more traditional ...

China Freezes New Energy-Storage Battery Plant Approvals Amid Overcapacity Concerns

Chinese authorities have halted approvals for new battery-based energy-storage factories as policymakers move to curb excess capacity and intense price competition in one of the country’s fastest-growing green technology industries.

Hong Kong Police College to Launch Accredited Bachelor’s Degree

The Hong Kong Police College will introduce a Bachelor of Policing in Security and Criminal Investigation by year-end, becoming the first government unit in the city to offer an accredited undergraduate degree.

Hong Kong and Beijing Prepare State Funeral for Former Chief Executive Tung Chee-hwa

Hong Kong and central government authorities are preparing official funeral arrangements for Tung Chee-hwa, the city’s first chief executive, who died at 89 after a public career spanning the handover era and Asian financial crisis.

Hong Kong Same-Sex Couples Remain in Legal Limbo a Year After Court Ruling

Hong Kong has yet to implement an alternative legal framework for recognizing same-sex partnerships one year after the Court of Final Appeal required the government to create one, prolonging uncertainty for affected couples.

Former China Merchants Bank Vice President Placed Under Disciplinary Investigation

Chinese anti-corruption authorities have detained a former senior China Merchants Bank executive, bringing to five the number of top-level officials investigated at the lender amid continued scrutiny of the financial sector.

Hong Kong Anti-Graft Agency Charges Former HKEX Executive

The Independent Commission Against Corruption charged a former Hong Kong Exchanges and Clearing vice-president over alleged failures to declare financial assets, bringing fresh regulatory scrutiny to the city’s financial-market instituti...

Hongkong Post Ends Permanent Civil Service Contracts for New Hires

Hongkong Post will stop offering permanent civil servant contracts to new employees as the loss-making postal service shifts toward a more flexible employment model amid declining traditional mail volumes.

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

More than 6,200 government and business representatives from 70 countries signed over 60 agreements and memoranda at Hong Kong’s Belt and Road Summit, with investments focused heavily on ASEAN and Middle Eastern markets.

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