National Games: how co-hosting adds up for Hong Kong and Greater Bay Area

National Games: how co-hosting adds up for Hong Kong and Greater Bay Area

The National Games’ unprecedented tripartite hosting arrangement is a calculated strategy, showcasing the Greater Bay Area’s synergy while mitigating the substantial financial and logistical burdens on any single host city, according to experts. “It is more of a political move to showcase the Greater Bay Area integration and the practicality of utilising each city’s resources,”…

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Hong Kong speeding up financial market reforms with focus on resilience: Paul Chan

Hong Kong speeding up financial market reforms with focus on resilience: Paul Chan

Hong Kong is accelerating reforms of its financial market by making the sector’s ecosystem more resilient and comprehensive, a minister has said, as the city grapples with geopolitics and a rapidly changing technology-led global landscape. Financial Secretary Paul Chan Mo-po also said on Sunday that Hong Kong would take a two-pronged approach by strengthening its…

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Hong Kong to boost impact investment sector with start-up and innovation focus

Hong Kong to boost impact investment sector with start-up and innovation focus

Hong Kong can take a more active role in the multibillion-dollar impact investment sector by developing a thriving ecosystem that includes more start-ups, offers innovative financial products and upholds world-class standards, the finance chief has pledged. Financial Secretary Paul Chan Mo-po said on Sunday that the initiative was part of the city’s commitment to making…

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HKEX to reduce minimum spread of 300 stocks from Monday to cut cost, boost trading

HKEX to reduce minimum spread of 300 stocks from Monday to cut cost, boost trading

Hong Kong Exchanges and Clearing (HKEX), which operates Asia’s third-largest stock market, will reduce the minimum trading spread for about 300 stocks starting Monday, a move aimed at lowering transaction costs and increasing turnover. “The minimum spread is the minimum price change for a stock traded on an exchange and determines the tightest bid-ask spread…

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