Hong Kong’s decision to introduce its first five-year plan has prompted familiar questions. Does this signal greater government intervention at the expense of the free market? Will it make Hong Kong’s development model more similar to that of the mainland? Could it overlap with the annual policy address and budget? And without detailed key performance…
The first phase of Hong Kong’s Hetao innovation hub, a key cross-border initiative under the Northern Metropolis megaproject, has been well received, with two of its wet laboratory buildings fully leased, its chairman has revealed. Permanent Secretary for Innovation, Technology and Industry Kevin Choi Kit-ming, who also chairs the Hong Kong-Shenzhen Innovation and Technology Park…
Winning consortiums bidding for core land parcels at an innovation hub near Hong Kong’s border must post a HK$100 million (US$12.7 million) construction bond and meet a tight 30-month development deadline, according to tender documents obtained by the South China Morning Post. Industry leaders said the requirements, which deviated from those in conventional government land…
Hong Kong serves as an ideal platform to help Uzbek enterprises expand through its world-class professional services and international business environment, the city’s leader has told the Central Asian country’s prime minister as he wrapped up a five-day regional tour. Sources said Chief Executive John Lee Ka-chiu on Friday also invited Prime Minister Abdulla Aripov…
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…
Visitors look at new buildings in Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone on Dec 22, 2025. (ADAM LAM / CHINA DAILY) At least 17 international biotechnology companies have established operations in Hong Kong this year, with several having set up Asia-Pacific headquarters in the city — drawn…
The April 24, 2025, photo shows Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone. (LI BINGCUN / CHINA DAILY) HONG KONG – Lenovo Group has launched an AI innovation center at the Hong Kong-Shenzhen Innovation and Technology Park, becoming one of the first major multinational firms to set up in the Hong Kong Park…
Hong Kong authorities will set up a company this year to accelerate the development of an innovation hub near the border, with firms already expressing interest in moving into the San Tin Technopole, a senior tech official has said. Permanent Secretary for Innovation, Technology and Industry Kevin Choi Kit-ming also told the South China Morning…
If Hong Kong’s Transport Department couldn’t see that road signs needed to be at eye level when it opened the Yau Ma Tei section of the Central Kowloon Bypass, it makes sense that it couldn’t anticipate the increased demand for test-free driving licences with the launch of the southbound travel scheme. Under the scheme, drivers…
Traditional Chinese medicine (TCM) manufacturers are gearing up to go public in Hong Kong, aiming to tap the market for international expansion. TCM firms have joined the queue for initial public offerings (IPOs) in the city to test foreign investors’ appetite for their shares. The latest to join the queue are Sichuan Neautus Traditional Chinese…