The new industrial park under the Northern Metropolis megaproject has attracted strong global interest from companies in environmental and AI sectors, its chairman has said, with plans to provide international education and accommodation facilities. Jeffrey Lam Kin-fung, the newly appointed chairman of the Hung Shui Kiu Industry Park Company, also aims to have the park…
Hong Kong’s push into Central Asia aims to strengthen links between mainland China and the region while reinforcing the city’s role as a professional services hub for belt and road countries, although economic gains may take time, analysts have said. They added that Kazakhstan and Uzbekistan, given their strategic positions, were logical destinations for Hong…
Beijing —China’s President Xi Jinping and Russia’s Vladimir Putin met Wednesday in Beijing, just days after President Trump left the Chinese capital. The two major U.S. adversaries sought to underscore their close ties with a host of business deals – and to show a united front against “unilateral and hegemonic countercurrents” amid the ongoing U.S.-Israeli…
As conflict in the Middle East sends marine insurance costs surging, Hong Kong has an opening to prove that it is more than a port city by becoming a trusted centre for risk pricing, legal certainty and maritime resilience. When tensions rise in the Middle East, the first signs of trouble in global shipping do…
Oil prices ease amid the latest comments from the White House, but experts warn they will remain high even after a deal. Published On 20 May 202620 May 2026 Two Chinese oil tankers have left the Strait of Hormuz after waiting in the Gulf for more than two months, as the United States president and…
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…
China will actively participate in settling international conflicts and improve mechanisms for resolving them, a former Chinese diplomat has said, stressing that Hong Kong could serve as an “important bridge” for exchanges and that a recently established mediation body in the city would bolster international rule of law. At the Global Prosperity Summit in Hong…
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…
Hong Kong’s finance chief has begun a five-day European tour, starting in France, as part of the city’s latest push to attract global capital and reinforce its status as an international financial hub. Financial Secretary Paul Chan Mo-po arrived in Paris on Monday, where he met representatives of the Association Francaise de la Gestion Financiere…
Hong Kong’s residential property market recovery is unlikely to be derailed by a potential increase in interest rates amid the Middle East conflict, as demand is supported by professionals relocating to the city and surging rents, according to Moody’s Ratings. At the same time, the moribund office and retail property sectors were showing signs of…