Hong Kong is putting gold at the centre of its push to become a global commodities trading hub, with officials prioritising plans for an international gold trading centre alongside a broader strategy to expand the city’s role in physical trade, derivatives and logistics. The government’s newly formed Commodity Strategy Committee held its first meeting on…
Hong Kong’s Democratic Party has announced what many people had been expecting for some time – that it would disband. For the party, this is the beginning of the end; for others, the question lingers: is this also the end of the democratic movement in Hong Kong? One thing is certain: the party’s demise will…
Last week’s deadly fire has cast a heavy shadow over Hong Kong, reminding us of the fragility of life and the need for solidarity in hard times. The central government has responded swiftly with its full attention and support. Aid and sympathy have poured in from across China, underscoring that Hong Kong’s pain is shared….
China is justifiably proud of its accomplishments over the past three-quarters of a century, having evolved from a newly established republic in 1949 to one of the world’s leading powers and economies today. The deep sense of pride and achievement also resonated widely in Hong Kong as it celebrated National Day yesterday, although with mixed…
Hong Kong’s leader has pledged to “eliminate bottlenecks” and shorten the time needed to realise economic gains to ensure that residents from all walks of life can benefit from the city’s development. Speaking at this year’s National Day reception on Wednesday, Chief Executive John Lee Ka-chiu also vowed to continually enhance the city’s national security…
Hong Kong is set to sign a deal with the World Intellectual Property Organisation (WIPO) on Monday to pave the way for sharing relevant court judgments with the United Nations agency, the city’s finance chief has revealed. Financial Secretary Paul Chan Mo-po on Sunday also highlighted the importance of intellectual property as an emerging high-value…
The European Union has condemned Macau authorities for arresting a democracy activist from the former Portuguese enclave over alleged national security violations. In a statement on Saturday, the EU said the arrest of Au Kam-san, a former pro-democracy lawmaker of Macau, “adds to the existing concerns about the ongoing erosion of political pluralism and freedom…
Shareholders of mainland Chinese companies are showing increasing interest in setting up family offices in Hong Kong after their initial public offerings amid a swelling pipeline of new listings in the city, according to an asset manager overseeing up to US$2 billion in wealth. “This week alone, I have met two clients inquiring about family…
In September 2023, Hong Kong’s Court of Final Appeal ruled that the government must establish a legal framework to recognise same-sex relationships within two years – affirming the rights of same-sex couples to apply for public housing and inherit property. The ruling also explicitly stated that such recognition does not entail the legalisation of same-sex…
Hong Kong’s finance chief has launched a strategic offensive to forge closer business ties with South Korea, with investors showing interest in the city’s latest cryptocurrency policy and its role as a “superconnector” to international markets amid geopolitical tensions. Concluding a three-day visit to Seoul on Thursday, Financial Secretary Paul Chan Mo-po proposed a direct…