Beijing’s top official in Hong Kong has urged the city to tap the opportunities arising from the “one country, two systems” governing model and drive efforts to contribute to local and national development. Zheng Yanxiong, director of the central government’s liaison office in Hong Kong, also said on Saturday the city needed to embark on…
{KXLG – Watertown, SD} On this week’s From the Halls of City Hall our guest is Councilman Mike Danforth. With a council meeting on Monday 3/3/25, there was a lot to discuss. Your browser does not support the audio element. A mid-term review of the Home Rule Charter is in progress. The committee is assessing…
Hong Kong is preparing to turn the local stock market’s operations fully electronic and paperless from early next year, starting with a focus on turning stock ownership into scripless records, the city’s capital market regulator said. The Securities and Futures Commission (SFC) would initiate the five-year reform process from as early as January next year,…
China’s leadership has called for institutional opening-up and efforts to build a “world-class” business environment this year as Beijing strives to rekindle confidence and growth, convince foreign firms to remain onshore and keep goods flowing as external shocks loom. The message was contained in a speech by President Xi Jinping that was released on Wednesday,…
The Musk-Ramaswamy duet is gearing up for one of the most ambitious reform projects in US political history. Appointed to president-elect Donald Trump’s proposed Department of Government Efficiency, their mission is to overhaul the government, make it smaller, streamline bureaucracy and ultimately transform the way America operates. It’s a grand vision to tackle some of…
THE Guangdong-Hong Kong-Macao Greater Bay Area, or the GBA, and the pivotal role it plays in furthering China’s modernization, deepening reform and opening up, and enhancing international partnerships with countries across the world, mostly with Asean countries, including the Philippines. China’s modernization drive is about internal development and creating an open, innovative and integrated modern…
On October 19, 1987, after three days of decline in the New York stock market, the Hong Kong market dropped by 10.5 per cent after a rise of 89 per cent in the previous 12 months. Black Monday had triggered a worldwide stock crash. In US dollars terms, eight stock markets declined by 20-29 per…
Businesspeople and entrepreneurs “are not bystanders” in Hong Kong, the city’s leader has said, vowing to lead different sectors to help boost the economy and improve livelihoods following his meeting with a senior Beijing official last week. Chief Executive John Lee Ka-chiu made the pledge on Tuesday, days after hearing from Xia Baolong, director of…