The Guangdong-Hong Kong-Macau Greater Bay Area (GBA) is lagging behind China’s national average in basic research, despite showing strong potential in sectors such as semiconductors and smart manufacturing, according to Deloitte. The cluster of cities in southern China, which included Shenzhen, spent about 28.9 billion yuan (US$4.2 billion) on basic research in 2024, accounting for…
Skyscrapers along the Victoria Habour are illuminated by the afternoon sun in Hong Kong on Sept 15, 2025. (ANDY CHONG / CHINA DAILY) Hong Kong ranked third among global financial hubs and continued to lead in fintech with a slight increase in scores, according to the 39th Global Financial Centres Index published on Thursday. In…
The former managing director and chief China economist of bourse operator Hong Kong Exchanges and Clearing (HKEX), Ba Shusong, has not appeared in public recently and could not be contacted, according to two sources familiar with the situation. Ba is important academic who frequently gave speeches at major conferences over the past decade on behalf…
Turkey’s largest private bank plans to set up a Hong Kong office, according to sources familiar with the matter, in a move that underscores the city’s role as a gateway for lenders seeking to connect China and Asian markets with the Middle East. Turkiye Is Bankasi’s board approved the Hong Kong expansion plan two months…
Most overseas galleries were able to attend Hong Kong’s two annual art fairs, part of the much-anticipated Art March celebration, despite the conflict in the Middle East, though questions remain over how participants and artworks will leave the city as air travel continues to face heavy disruption. Organisers and logistics suppliers told the South China…
Tickets from Hong Kong to many mainland Chinese destinations connected by cross-border high-speed rail services are nearly sold out for the first two days of the five-day holiday over Easter and the Ching Ming Festival. The mainland cities have become an alternative for travellers, with the escalating war in the Middle East triggering a global…
More than 1,200 musicians set a Guinness World Record for the largest reed ensemble featuring the sheng – a traditional Chinese free-reed instrument – at a Hong Kong concert on Sunday. The “Endless Sheng, Thousand Reeds in Harmony” marathon opened the International Sheng and Reeds Festival of the Hong Kong Chinese Orchestra, marking one of…
In October last year, Singapore’s three-day Formula One (F1) Grand Prix showcased the tremendous economic impact that world-class sporting events can bring to a city. The event attracted more than 300,000 attendees, the second highest in its history. Since Singapore began hosting F1, the races have drawn more than 720,000 international visitors and generated about…
The prospect of a meeting between President Xi Jinping and US counterpart Donald Trump has become a focal point for investors seeking some reassurance on growth and stability as the conflict in the Middle East dampens appetite for risk. Investors are awaiting clarity on the summit, viewing it as a potential sign of cooperation that…
For the second Formula 1 weekend in a row, Mercedes flexed their muscles and locked out the front row on the starting grid of the 2026 Chinese Grand Prix. And for the second weekend in a row, Ferrari emerged as the closest challenger to Mercedes with their SF-26’s impressive launches off the start line. And…