Hong Kong Times

Five Hong Kong Universities Rank Among World’s Top 100 in Latest QS Survey

The latest Quacquarelli Symonds World University Rankings place five Hong Kong institutions among the world’s top 100, with two reaching the top 20 for the first time and underscoring the city’s ambitions to become a leading global educa...

Hong Kong Hosts Global Debut of Right-Hand-Drive DFSK E5 PLUS Electric Vehicle

Chinese new energy vehicle brand DFSK has unveiled the right-hand-drive version of its E5 PLUS model at Hong Kong’s International Automotive and Supply Chain Expo, highlighting the city’s growing importance as a launch platform for mainl...

Hong Kong and Shanghai Exchanges Deepen Strategic Cooperation Through Renewed Market Agreement

Hong Kong Exchanges and Clearing and the China Financial Futures Exchange have renewed their cooperation agreement to expand product development and market connectivity, reinforcing Hong Kong’s role as a key financial link between mainla...

Hong Kong Markets Close for Dragon Boat Festival While Selected Derivatives Continue Trading

Financial markets in Hong Kong were closed for the Tuen Ng Festival on June 19, 2026, although selected derivatives products, including MSCI and currency contracts, remained available to support international market activity.

Dragon Boat Festival Celebrations Boost Tourism and Retail Activity Across Hong Kong

Traditional dragon boat races and cultural events, including the Aberdeen Dragon Boat Race, drew strong participation from residents and overseas visitors, providing a seasonal lift to Hong Kong’s tourism and retail sectors during the ho...

China Launches Five-Year Plan to Modernize Emergency Response Systems

The State Council has introduced a new emergency management plan focused on climate disaster monitoring and industrial risk mitigation to strengthen public safety and support long-term economic resilience.

China and ASEAN Strengthen Trade Corridor Cooperation for High-Tech Supply Chains

China and ASEAN partners have agreed on new regulatory alignment measures to improve supply chain efficiency for high-tech components and deepen regional industrial integration amid global trade uncertainty.

China Directs Infrastructure Spending Toward Technology and Smart Logistics Projects

The National Development and Reform Commission said future special bond issuance will prioritize technology-linked infrastructure, including data centers and smart logistics networks, rather than broad real-estate-related stimulus.

Fitch Highlights Uneven Recovery in China's Economy as Domestic Demand Remains Weak

Fitch Ratings said export-oriented and technology industries continue to show resilience, but fixed-asset investment and retail spending remain under pressure, reflecting persistent challenges in reviving domestic demand and the property...

China Launches Five-Year Employment Strategy to Address Labour Market Challenges

The State Council has released a 2026-2030 employment blueprint focused on aligning workforce development with industrial needs and mitigating labour market pressures linked to the rapid adoption of artificial intelligence and automation.

Lujiazui Forum Signals Cautious Monetary Policy and Stronger Financial Risk Management

Chinese financial policymakers used the annual Lujiazui Forum to signal a wait-and-see approach to interest rates while emphasizing currency stability and more refined macro-prudential liquidity management.

Chinese Semiconductor Firms Prepare New Wave of STAR Market Listings

A new group of semiconductor and artificial intelligence hardware companies has filed for listings on Shanghai's STAR Market, reflecting Beijing's drive to channel domestic capital into strategic technologies and reduce dependence on for...

China Expands Support for Urban Renewal as Property Market Weakness Persists

Authorities have granted tier-one cities greater administrative flexibility to pursue urban renewal projects, shifting policy support toward targeted revitalization in areas with stable demand rather than broad property stimulus.

China Increases Policy Support for Drone and eVTOL Industries

National industrial policies have allocated additional resources to the low-altitude economy, promoting the development of drones and electric vertical takeoff and landing vehicles as potential new drivers of logistics and urban transpor...

China Accelerates Digital Economy and Green Energy Targets Under 15th Five-Year Plan

New policy directives have set a target for the core digital economy to account for 12.5 percent of gross domestic product by 2030 and reaffirm plans to raise the share of non-fossil fuels in national energy consumption to 25 percent.

China Unveils Six Financial Reforms to Deepen Offshore Renminbi Market Integration

The People's Bank of China has announced a new package of financial measures, including a renminbi repo facility for international monetary authorities and a pilot offshore foreign exchange trading scheme in Shanghai, as Beijing seeks to...

Hong Kong Rises to Second Place in Global Competitiveness Ranking on Strength of Financial and Legal Systems

Hong Kong has climbed to second place in the 2026 World Competitiveness Yearbook, its highest ranking since 2019, reflecting renewed international confidence in the city’s legal framework, tax regime and broader financial ecosystem.

Fitch Warns of China Macro Imbalances Weighing on Hong Kong Market Sentiment

Fitch Ratings has flagged weakening mainland Chinese economic indicators, including soft retail sales and ongoing property sector stress, warning that structural imbalances could continue to pressure Hong Kong capital markets and investo...

Geely Farizon Unveils Electric Transit Fleet and Plans Deployment of 100,000 Autonomous Vehicles

At the Hong Kong International Automotive and Supply Chain Expo, Geely’s Farizon unit unveiled a custom electric double-decker bus and announced plans to deploy up to 100,000 Robovans by 2030 under a strategic mobility partnership.

Dajin Heavy Industry Raises Over 6.6 Billion Hong Kong Dollars in Oversubscribed Hong Kong IPO

Offshore wind equipment manufacturer Dajin Heavy Industry has completed a major listing on the Hong Kong Stock Exchange, raising about 6.64 billion Hong Kong dollars, with its retail tranche oversubscribed 134 times amid strong investor ...

Hong Kong Expands Fintech and AI Sandbox Programs as Digital Asset Firms Top 1,200

Hong Kong regulators say the city now hosts more than 1,200 fintech and digital asset firms, as the Hong Kong Monetary Authority expands its generative AI sandbox with Cyberport to support safer adoption of artificial intelligence in fin...

Hong Kong Financial Leaders Launch Northern Metropolis Advisory Taskforce to Align Infrastructure Financing

The Hong Kong Monetary Authority and banking industry representatives have held the inaugural meeting of a new advisory taskforce aimed at aligning capital flows and banking support with the Northern Metropolis development and broader Gr...

Hong Kong Overtakes Switzerland as World’s Largest Cross-Border Wealth Management Hub Amid Rising Asian Capital Flows

Hong Kong has surpassed Switzerland to become the world’s largest cross-border wealth management centre, overseeing nearly three trillion US dollars in offshore assets as mainland Chinese capital inflows accelerate and European and Asian...

Hong Kong Hosts Business Summit Linking Artificial Intelligence, Digital Assets and Global Chess Leadership

Senior executives, including Animoca Brands chairman Yat Siu and chess grandmaster Magnus Carlsen, joined a strategic business summit in Hong Kong exploring artificial intelligence, decision-making and digital asset ecosystems alongside ...

China Tightens Rules on Overseas Relocation of Technology Firm Headquarters

Regulators are expanding oversight measures to prevent artificial intelligence and technology companies from relocating incorporation or headquarters abroad, including jurisdictions such as Singapore. The rules are aimed at reinforcing d...

China and Russia Move to Integrate Satellite Navigation Systems

Beijing and Moscow are advancing plans to link China’s BeiDou system with Russia’s GLONASS network, deepening cooperation in satellite navigation. The initiative is aimed at strengthening technological resilience and reducing reliance on...

Xi Jinping Meets Myanmar Leadership to Advance Bilateral Economic and Security Cooperation

President Xi Jinping has met Myanmar’s leader Min Aung Hlaing in Beijing, with both sides agreeing to accelerate cooperation under their shared development framework. Discussions focused on border stability, energy corridors and cross-bo...

United States Briefly Adds Chinese Tech Firms to Military List Before Reversing Decision

The United States Department of Defense briefly placed several major Chinese companies, including Alibaba, Baidu and BYD, on a military-linked companies list before reversing the decision. The move highlighted internal inconsistencies in...

BOE Technology Begins Mass Production at Advanced AMOLED Display Facility

BOE Technology has started commercial production at its Generation 8.6 AMOLED lines, marking a significant expansion in advanced display manufacturing capacity. The development is expected to reduce production costs for high-end OLED scr...

China Orders State Firms to Deploy 10,000 Humanoid Robots in Manufacturing Push

The Ministry of Industry and Information Technology, together with the State-owned Assets Supervision and Administration Commission, has issued a directive requiring state-owned enterprises to integrate embodied artificial intelligence a...

China Sets Employment-First Strategy in Five-Year Plan Amid Weak Consumption and Youth Job Pressure

The State Council has issued new policy guidance for the 2026–2030 period prioritizing job creation, vocational training, and alignment between higher education and labor market demand. The strategy comes as policymakers respond to weake...

China Releases White Paper Outlining Push for Multipolar Global Governance Reform

Beijing has published a new white paper detailing its approach to global governance reform, calling for stronger coordination among Global South countries and a shift toward a more multipolar international system. The document sets out C...

China Moves to Consolidate Financial Sector and Contain Local Debt Risks

The National Financial Regulatory Administration has outlined plans to merge or restructure weaker small and medium-sized financial institutions while steering the sector toward supporting higher-quality growth. Authorities also signaled...

China Expands Overseas Investment Access and Eases Capital Outflow Controls for Institutional Investors

The State Administration of Foreign Exchange has announced an overhaul of cross-border investment rules, expanding Qualified Domestic Institutional Investor quotas and shifting toward a more rules-based capital management system. The mov...

Severe Flooding Hits Six Southern Chinese Provinces as El Niño Intensifies

Record rainfall has triggered widespread flooding across Guangdong, Fujian, Guangxi and other southern provinces, forcing mass evacuations and disrupting supply chains. Authorities warn that ongoing El Niño conditions could extend climat...

Four Hong Kong Universities Retain Places in Global Top 50 Rankings

Four universities in Hong Kong have maintained positions among the world's top 50 institutions, reinforcing the city's reputation as an international centre for higher education and research.

Hong Kong Customs Seizes HK$14.5 Million Worth of Suspected Cannabis at Airport

Customs officers arrested two arriving passengers at Hong Kong International Airport after intercepting a large quantity of suspected cannabis buds as authorities step up inspections of passenger baggage and cargo shipments.

Residential Property Market Shows Signs of Stabilization as Commercial Sector Remains Under Pressure

Lower mortgage rates and the return of mainland buyers are supporting Hong Kong's housing market, while commercial office properties continue to face elevated vacancy levels and weaker demand.

Hong Kong Climbs to Second Place in IMD World Competitiveness Ranking

The International Institute for Management Development ranked Hong Kong as the world's second most competitive economy in 2026, its highest position since 2019, citing strengths in government efficiency, business legislation and financia...

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

Hong Kong Exchanges and Clearing and the Hong Kong Monetary Authority are testing the use of wholesale central bank digital currency for derivatives margin payments outside banking hours to improve market efficiency and reduce settlement...

Hong Kong Introduces New Measures to Revitalize Subsidized Home Ownership Market

The Housing Authority has approved two schemes designed to improve mobility within the subsidized housing market by creating new options for elderly homeowners and expanding opportunities for eligible buyers.

Hong Kong Banks Look to Family Offices and Transition Finance for Future Growth

A new KPMG report says banks in Hong Kong are increasingly focusing on fixed-income markets, family office services and transition finance products as they seek new sources of revenue beyond traditional lending activities.

Hong Kong Monetary Authority Urges Prudence After Federal Reserve Holds Interest Rates Steady

The Hong Kong Monetary Authority has advised households and investors to carefully manage borrowing and investment risks as local financing conditions remain closely linked to changes in United States monetary policy.

Hong Kong Banking Assets Reach HK$26 Trillion Despite Margin and Property Headwinds

KPMG reported that licensed bank assets in Hong Kong grew 7.1 percent and operating profits rose 5.5 percent in 2025, although lenders continue to face pressure from narrowing interest margins and weakness in the commercial property market.

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