Hong Kong Financial Secretary Paul Chan says the economy continued expanding in the third quarter, supported by improving international trade and visitor arrivals. The growth comes as lawmakers begin discussing the city's five-year development blueprint amid continuing uncertainty in the global economy.
US Investigates F-35 Stealth Fighter Materials Mistakenly Shipped Through Hong Kong
US defence and logistics authorities have launched a security review after a freight forwarder mistakenly routed radar-absorbent materials intended for F-35 stealth fighters through Hong Kong. The incident has raised concerns about shipping controls and the security of sensitive military supply chains.
Hong Kong Proposes Expanding Hang Seng Tech Index to 50 Companies to Capture AI Growth
Hang Seng Indexes Company has proposed increasing the Hang Seng Tech Index to 50 constituents and revising revenue requirements for inclusion. The changes are intended to attract more high-growth artificial intelligence and technology companies to the benchmark and strengthen Hong Kong's appeal to international investors.
Hong Kong Lawmakers Back Plans to Develop Global Commodity Trading and Storage Hub
Hong Kong's Legislative Council has endorsed government initiatives to expand commodity trading and storage infrastructure. The proposals align with discussions about making Hong Kong an approved warehouse location for the London Metal Exchange, potentially strengthening the city's role in international metals trading.
Hong Kong Prime Office Vacancy Falls to 12.5% as Morgan Stanley Sees Recovery Potential
Morgan Stanley says Hong Kong's prime office vacancy rate has declined to 12.5%, supported by stabilising rents and improving occupancy in the Central business district. The investment bank sees stronger recovery potential in Hong Kong's premium office market than in comparable commercial properties in New York.
Hong Kong Police Arrest Suspects in HK$70 Million Mortgage Fraud Investigation
Hong Kong police have arrested members of a suspected criminal network accused of using falsified documents to obtain more than HK$70 million in mortgage loans. The investigation highlights concerns about financial fraud and lending controls within the city's property market.
Hong Kong Student Suicide Figures Raise Concerns Over Mental Health Support for Children
Hong Kong Education Bureau figures show that 60% of recent suspected student suicides involved children younger than 15. The findings have prompted calls for stronger mental health support in schools and improved access to specialist psychiatric services for vulnerable students.
University of Hong Kong Cancer Care App Helps Reduce Unplanned Hospital Admissions
Researchers at the University of Hong Kong say a mobile platform monitoring symptoms among advanced cancer patients has attracted more than 76,000 registered users and helped prevent thousands of unplanned hospital admissions. The technology is intended to improve patient monitoring while easing pressure on public healthcare services.
Hong Kong Completes Final Checks Ahead of Reopening Modernised Huanggang Border Crossing
Transport authorities are finalising operational arrangements for the upgraded Huanggang boundary checkpoint connecting Hong Kong and Shenzhen. New transport rules will restrict access to licensed taxis and authorised buses, aiming to improve passenger movement and cross-border efficiency.
Hong Kong Airport's Skytopia and Eleven Skies Projects Aim to Expand Tourism and Retail Activity
Hong Kong aviation and tourism industry leaders are promoting the Skytopia and Eleven Skies developments near Hong Kong International Airport as major opportunities for retail, entertainment and tourism growth. The projects aim to attract more spending from international transit passengers and travellers across the Greater Bay Area.
Hong Kong Expands Wine and Dine Festival With New Venue and Month-Long Food Campaign
The Hong Kong Tourism Board is expanding its autumn Wine and Dine Festival into Tamar Park and introducing a month-long culinary promotion. Orga