Beijing’s point man overseeing Hong Kong affairs is set to visit the city later this month as it marks the fifth anniversary of the imposition of the national security law and he will speak on the occasion, the Post has learned. Sources told the Post that Xia Baolong, director of the Hong Kong and Macau…
Beijing’s point man overseeing Hong Kong affairs is set to visit the city later this month as it marks the fifth anniversary of the imposition of the national security law and he will speak on the occasion, the Post has learned. Sources told the Post that Xia Baolong, director of the Hong Kong and Macau…
The new International Organisation for Mediation launched in Hong Kong will be an efficient, fair and credible mechanism for dispute resolution and attract investors from the Global South as the world economy shifts towards these developing countries, the city’s finance minister has said. Financial Secretary Paul Chan Mo-po said on Sunday that the inauguration of…
Fitch Ratings has maintained Hong Kong’s “AA-” credit rating and “stable” outlook, which the government has said is a reflection of the city’s strong financial position. A government spokesman said on Friday that the unchanged rating and outlook recognised the city’s “large fiscal buffers, robust external finances and a low level of fiscal debt”, as…
In the second instalment of a three-part series on financial decoupling between China and the US, experts tell the Post how pressure on US-listed companies from the mainland could be a windfall for Hong Kong’s markets. Read the first part here. A month ago, Patrick Tsang, the CEO of Deloitte China, learned that the US…
The number of instances of misuse of Hong Kong’s HK$2 (26 US cents) transport subsidy scheme for the elderly has fallen sharply since the introduction of real-name registration, the city’s welfare minister has revealed. Secretary for Labour and Welfare Chris Sun Yuk-han said on Wednesday that between August 2024 and April of this year, there…
The number of instances of misuse of Hong Kong’s HK$2 (26 US cents) transport subsidy scheme for the elderly has fallen sharply since the introduction of real-name registration, the city’s welfare minister has revealed. Secretary for Labour and Welfare Chris Sun Yuk-han said on Wednesday that between August 2024 and April of this year, there…
Hong Kong and the EU have pledged to strengthen ties in areas such as decarbonisation, even as the bloc’s top representative to the city said they would continue to critique the financial hub in a “constructive manner”. Delivering a pair of opening remarks at an event on Friday to mark Europe Day, both Harvey Rouse,…
Hong Kong and the EU have pledged to strengthen ties in areas such as decarbonisation, even as the bloc’s top representative to the city said they would continue to critique the financial hub in a “constructive manner”. Delivering a pair of opening remarks at an event on Friday to mark Europe Day, both Harvey Rouse,…
A university in Hong Kong has founded the first industry-focused artificial intelligence (AI) research institute in the Greater Bay Area, with the city’s financial chief expressing hope that the facility will shape the future of AI and drive growth in the region and beyond. The Hong Kong University of Technology and Innovation (HKUST) on Friday…