Hong Kong has the “most complete renminbi financial ecosystem” and is well placed to serve as a hub for Central Asian countries seeking to expand the currency’s use in trade and investment, according to a veteran banker. Stephen Chan Man, deputy chief executive of Bank of China (Hong Kong), also said on Thursday that the…
Organizers of the 2026 International Automotive and Supply Chain Expo (Hong Kong) pose for a photo at a news conference on May 20, 2026. (PROVIDED TO CHINA DAILY) Hong Kong is capitalizing on its global connectivity and financial and legal expertise to help Chinese mainland automakers tap right-hand-drive markets worldwide, as the industry evolves from…
A popular annual Hong Kong shopping festival being held next month will introduce a special zone featuring specialties from 10 mainland Chinese provinces and cities, with organisers also aiming to lure more tourists from across the border. The fifth edition of the Hong Kong Brands and Products Shopping Festival, which will be held from August…
Hongkongers and mainland residents jumped at the chance to send money across the border via a new electronic payment service on its first day of operation on Sunday. The so-called Payment Connect was operating smoothly, with 6,900 Northbound and 19,000 Southbound transactions as of 6pm, according to a spokesperson for the Hong Kong Monetary Authority…