Hong Kong has taken a monumental step forward in expanding its global economic footprint. Last week, Chief Executive John Lee Ka-chiu, leading a high-level business delegation, wrapped up a successful five-day mission to Kazakhstan and Uzbekistan. This historic visit – marking the first time the chief executive has led a mission to Central Asia –…
As part of its decades-old “multi-vector” foreign policy, based on balancing relations between major powers such as China, Russia, the United States and the European Union, Kazakhstan – Central Asia’s largest country – is now actively diversifying its economic and financial policies. While in the past, Astana sought to strengthen cooperation with the United Arab…
Xenophobia and financial woes in the West have created tremendous opportunities for higher education institutions in Hong Kong and the broader Eurasian region, the head of a leading university in Kazakhstan has said. Professor Waqar Ahmad, the president of Nazarbayev University, also revealed on Wednesday that the institution would soon launch another joint undergraduate programme…
Two universities in Hong Kong have signed partnership agreements with a leading varsity in Kazakhstan, with the city leader saying the moves will help deepen academic collaboration and strengthen social bonds. The Education University of Hong Kong and Polytechnic University signed separate memorandums of understanding (MOUs) with Nazarbayev University on Wednesday to boost cross-border research…
Hong Kong leader John Lee Ka-chiu has held talks with Kazakhstan’s president at the start of a visit to Central Asia, highlighting the city’s role as a “superconnector” bridging businesses with global markets, as his delegation sealed a wide range of partnership deals with the nation. Lee began his five-day trip on Monday by discussing…
Hongkong Post’s worsening financial situation may require not only an injection of funds but also a return to being a government-funded department providing basic public services, observers have said. The analysts’ views follow the authorities’ plan to inject HK$4.6 billion (US$587 million) as a lifeline to support Hongkong Post’s operations over the next three years,…
Hong Kong is an excellent option for Central Asian companies considering secondary listings to raise funds for expansion due to its deep liquidity, as the city eyes rapidly growing markets in the region, Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Chan Yiting has said. Chan, who will join a high-level delegation led by Chief…
Hong Kong private equity firm Templewater is eyeing investment opportunities in Central Asia’s real estate, energy transition and healthcare sectors, while positioning itself as a “superconnector” to channel capital from the Middle East into the emerging market. Cliff Zhang Kun, chairman of Templewater, also stressed the need for businesses to diversify their investments and shift…
Kazakhstan aims to deepen its financial services cooperation with Hong Kong, viewing it as an ideal fundraising hub to access renminbi capital through bond issuances, according to the country’s top envoy in the city. In an exclusive interview with the South China Morning Post, Bauyrzhan Dosmanbetov, Kazakhstan’s consul general in Hong Kong, also said the…
Hong Kong’s leader will travel to Kazakhstan and Uzbekistan next month to explore and seize new business opportunities, making Central Asia his latest area of focus and with the largest delegation accompanying him. After several years of promoting the city in the Middle East and Southeast Asia amid geopolitical uncertainties, Chief Executive John Lee Ka-chiu…