The GBA has emerged as one of the country’s most important tech hubs. Photo: Edmond So

    Greater Bay Area trails peers in basic research despite strong tech potential: Deloitte

    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…

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    Hong Kong urged to extend stock trading hours to keep up with rivals

      Hong Kong urged to extend stock trading hours to keep up with rivals

      Hong Kong has been urged to extend its stock trading hours to maintain its status as an international financial hub, as competitors move towards near 24-hour operations to capture global liquidity. Speaking at the “Redefining Hong Kong 2026 Budget Edition” forum organised by the South China Morning Post on Monday, Kenny Shui Chi-wai, vice-president of…

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      Lean harder into Hong Kong-mainland China market ties, ‘two sessions’ delegates urge

        Lean harder into Hong Kong-mainland China market ties, ‘two sessions’ delegates urge

        Hong Kong can reinforce its role as an international financial centre by deepening integration with mainland capital markets and expanding cross-border investment channels, financial industry leaders said on Thursday during China’s annual “two sessions”. Stronger collaboration between Hong Kong and mainland exchanges would enhance the resilience of the mainland’s financial system while supporting the internationalisation…

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