Southbound Stock Connect flows, through which mainland Chinese investors buy Hong Kong listed shares, hit a record high in the past year, reflecting strong confidence in the city’s market on the back of a booming pipeline of initial public offerings (IPO). In the 12 months to March this year, mainland investors snapped up HK$1.19 trillion…
Hong Kong flag carrier Cathay Pacific Airways will lower fuel surcharges on most passenger flights for the second time in less than two months, with the revised rates taking effect from July 1 as fuel costs ease from highs triggered by the Middle East war. Under the new rates announced on Tuesday, passengers departing from…
Hong Kong has ranked as the second-most globally competitive economy – its best performance in seven years – climbing one spot from last year to place behind Singapore. The ranking, released by the Switzerland-based International Institute for Management Development (IMD) on Thursday, put the city ahead of 68 other economies out of 70 surveyed. Hong…
Hong Kong can be “more than New York and Silicon Valley combined” by positioning itself as a hub that integrates global financial depth with technological innovation and manufacturing capacity, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po said on Friday that Hong Kong had a unique edge over New York and Silicon…
Competition Highlights Industry Excellence and Strengthens International Exchange in the Baking Sector HONG KONG, June 7, 2026 /PRNewswire/ — The Final of the IBA‑UIBC Cup of Bakers 2027 “Golden Statue Cup” China Selection – Hong Kong & Macao SAR Selection Competition was successfully held at the International Culinary Institute in Hong Kong. The event brought together…
Thousands of Hongkongers were stuck for hours at multiple land checkpoints in what one traveller called “unprecedented” large crowds on Monday night, as more than 673,000 residents returned to the city from mainland China after the long weekend. Some were also reportedly turned away from the Shenzhen Bay border before its closing time on Monday…
Hong Kong should prioritise hydrogen adoption and related services to achieve carbon neutrality by 2050, a think tank report has said, including setting up refuelling stations for heavy vehicles in container terminals and industrial areas. The policy research report, released on Tuesday by Our Hong Kong Foundation, set out nine recommendations to advance hydrogen use…
The average waiting time for long and short-term general applicants for subsidised public rental housing in Hong Kong had fallen to 4.7 years as of March, authorities said, marking the first time it has dropped below five years under the current administration. Despite the decrease in the “composite figure”, which included light public flats, the…
Budget carrier HK Express will cut its fuel surcharge on flights departing Hong Kong to overseas destinations by 12.8 per cent from May 16, reducing the fee by HK$50 (US$6.38) to HK$339 per leg, the airline has said. The reduction, revealed on its website on Wednesday, excludes mainland China routes, and follows lower fuel prices…
Hong Kong is expected to play a greater role in major national clinical research projects and scientific breakthroughs, a mainland health official has said, pledging stronger support for local researchers at an annual medical conference. The remarks were made by a National Health Commission official at the Hospital Authority Convention on Monday, where the authority’s…