Mainland China and Hong Kong should ease listing rules for biotechnology companies and lower takeover thresholds for listed firms to capitalise on renewed foreign interest in the healthcare sector, venture capitalist Nisa Leung said. “Besides artificial intelligence, Premier Li Qiang also highlighted biomedicine in the ‘two sessions’ annual government work report,” said Leung, a managing…
Hong Kong should speed up the construction of the Northern Metropolis megaproject near the border with the mainland and the development of a commodity trading ecosystem, according to the draft outline of China’s 15th five-year plan. Other priorities included stronger integration with national development on the economic, technological and social fronts, especially deepening cross-border connections…
Last Updated:March 05, 2026, 10:09 IST Presenting the annual work report, Chinese Premier Li Qiang said the government will aim for growth between 4.5% and 5% this year and will strive for better results in practice. China’s latest growth target signals one of the most cautious economic outlooks in recent years. China on Thursday lowered…
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…
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…
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…
BEIJING — China removed nine military lawmakers from national parliament ahead of its biggest annual political meeting next week in a sign that President Xi Jinping’s purge of key defense personnel continues to widen. The National People’s Congress, the country’s top legislative body, revoked the membership of five generals along with four other officials, state-run…
Hong Kong’s U-turn on its seat belt rule for buses is a sobering reminder to lawmakers that they must meet higher standards even under the “executive-led” governance model recently underlined by Beijing, according to several policy experts. They noted that some lawmakers had been complacent, prioritising speed over efficacy in policymaking in a “patriots-only” legislature…
Hong Kong delegates to China’s top political advisory body are a “steadfast patriotic force” and make an important contribution to the city’s long-term prosperity and stability, Chief Executive John Lee Ka-chiu has said. The city leader praised the delegates of the Chinese People’s Political Consultative Conference (CPPCC) on Wednesday as he hosted Jiang Zuojun, vice-chairman…