Hong Kong Baptist University is “actively considering” issuing bonds to finance its future development, including campus redevelopment and its new Chinese medicine hospital, according to its president. But Professor Alexander Wai Ping-kong also told the South China Morning Post on Thursday that the public institution would be cautious with bond issuance to avoid creating pressure…
Chinese Premier Li Qiang has called on Hong Kong to leverage its “unique strengths” and pivotal role in connecting with the world, with backing from the mainland. In the government work report he delivered at the opening session of the National People’s Congress (NPC) in Beijing on Thursday, the country’s No 2 official also stressed…
Hong Kong tycoons have expressed confidence in the Middle East’s economic outlook amid continued strikes by the United States and Israel on Iran and Tehran’s retaliatory attacks, stressing that the city’s economy is unlikely to be affected. Speaking to the media in Beijing on the sidelines of the “two sessions” – the nation’s annual parliamentary…
Singapore is the most expensive city in the Asia-Pacific region to outfit an office, driven by increased labour costs, a shortage of contractors and strict building standards, according to real estate consultancy Knight Frank. The city had the highest average fit-out cost at US$2,029 per square metre – ahead of Tokyo (US$1,994) and Taipei (US$1,593)…
China’s top advisory body has called on Hong Kong, Macau and the nine other Guangdong cities of the Greater Bay Area to better align their rules and regulations under a key directive in its latest annual work report. Wang Huning, chairman of the Chinese People’s Political Consultative Conference (CPPCC) National Committee, delivered the nation’s top…
Beijing should create a “connect” scheme for initial public offerings (IPOs) in the Greater Bay Area to allow mainland Chinese and Hong Kong investors to buy into new listings across the border, HSBC Asia-Pacific chairman Peter Wong Tung-shun said on the eve of China’s annual “two sessions” meetings. “If investors in both Shenzhen and Hong…
More than 400 Hongkongers have reported being stranded in the Middle East after major airspace closures triggered by the US-Israeli war on Iran disrupted dozens of flights between the city and the region. There are no signs yet of when they might return home, even as major transit hubs including Dubai airports resumed limited operations….
Hong Kong must bolster its role as an offshore renminbi hub and expand its bond market amid escalating tensions of the US-Israel strikes on Iran to attract global capital during turbulent times, the city’s sole delegate to the nation’s top legislative body has said. Starry Lee Wai-king, Hong Kong’s sole delegate to the National People’s…
Hundreds of Hong Kong politicians and business leaders head to Beijing on Tuesday for the nation’s annual “two sessions”, with observers expecting discussions to focus on the city’s role as an international financial centre and the Northern Metropolis megaproject. The annual session of the country’s top political advisory body, the Chinese People’s Political Consultative Conference…
Rescue forces operate at a building hit by an Iranian missile strike in Tel Aviv, Israel, on Sunday, March 1, 2026. Bloomberg | Bloomberg | Getty Images The escalating conflict in the Middle East is fueling fears that Washington’s pursuit of regime change in Iran, and Tehran’s retaliation, could destabilize regions from the Gulf to…