A senior Hong Kong finance official has hit back at criticism of the city’s prospects as “bias against China”, following a recent commentary by a prominent US economist who asserted that “the Hong Kong of old is over”. The government’s rebuttal did not directly name any specific critic but was published after American economist Stephen…
This article was first published on July 30, 1996. Our golden girl by Nazvi Careem and Scott McKenzie Cheers and tears swept Hong Kong yesterday (July 29, 1996) on the back of the golden victory for Olympic windsurfer Lee Lai-shan. The 25-year-old from Cheung Chau won a gold medal for herself and glory for Hong…
Hong Kong should serve as a hub for the commercialisation of artificial intelligence and as a strategic base for mainland Chinese AI companies expanding overseas, the city’s finance chief has said, while noting the risks and challenges of the technology. Financial Secretary Paul Chan Mo-po’s comments followed a speech on Friday by Chinese President Xi…
The government has a lot on its plate right now, especially with public consultations under way for the chief executive’s last policy address of his current term and for the city’s first five-year plan. But there is an urgent matter it must address as soon as possible. The resignation of William Wong Kam-fai from the…
Financial Secretary of the Hong Kong Special Administrative Region Paul Chan Mo-po (left) meets Secretary of the CPC Shaanxi Provincial Committee Zhao Yide in Xi’an, capital of Shanxi province, on June 26, 2026. (PHOTO / HKSAR GOVERNMENT) Hong Kong and Shaanxi province can deepen cooperation in areas like innovation, research and development, commercialization of research…
Hong Kong is seizing every opportunity to consolidate its role as a global financial centre, leveraging unique advantages and national strategies. This piece, the second in a miniseries focusing on the city’s financial industry ahead of the handover anniversary, explores the likelihood of an “IPO Connect” that could inject much-needed liquidity into the market and…
Beijing’s recent investigation into three brokerages – Futu Securities, Tiger Brokers and Long Bridge – was partly driven by concerns over foreign exchange “leakage” and the need to protect mainland China’s vast base of retail investors, Hong Kong’s finance chief has said. At a closed-door C-suite round table organised by the South China Morning Post…
The Hong Kong Science and Technology Park (HKSTP) and SenseTime, a Chinese artificial intelligence firm headquartered and listed in the city, have partnered to build a home-grown AI data centre by 2030 to support the sector’s industrialisation. The data centre will be built in three stages, with phase one expected for completion by the end…
Hong Kong should revive plans for large-scale reclamation off Lantau Island to run in parallel with the Northern Metropolis project, property magnate Gordon Wu Ying-sheung has said, warning that a lack of urban land will hold back the city’s development as the population grows. The 90-year-old founder and chairman of Hopewell Holdings also described it…
This Feb 15, 2026, photo taken from near the Peak shows the Hong Kong skyline. (SHAMIM ASHRAF / CHINA DAILY) Hong Kong’s economy remained resilient in the second quarter of this year, Financial Secretary Paul Chan Mo-po told a meeting of the Legislative Council’s financial affairs panel on Monday. The latest statistics show that the…