Hong Kong Business News

FS attends AIIB meeting in Beijing

26-6-2025

Financial Secretary Paul Chan attended the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) in Beijing today. He also held separate meetings with Minister of Finance Lan Fo'an and AIIB President Jin Liqun.

Mr Chan participated in the opening ceremony of the annual meeting and joined the subsequent Gover...

Belt-Road commissioner promotes HK

26-6-2025

Commissioner for Belt & Road Nicholas Ho this week led a delegation to Indonesia and Malaysia to promote Hong Kong’s professional services in the fields of infrastructure and construction and to explore opportunities for co-operation.

The delegates visited Jakarta, Indonesia on Monday and Tuesday, then proceeded to Kuala Lumpur, Malaysia, yeste...

Work on attracting talent discussed

26-6-2025

The Committee on Education, Technology & Talents (CETT), led by Chief Secretary Chan Kwok-ki met the presidents of eight University Grants Committee (UGC)-funded universities today to exchange views on the work of promoting integrated development of education, technology and talent.

At the meeting, Mr Chan introduced the CETT's work plan to the u...

Gold delivery vault launched

26-6-2025

The Financial Services & the Treasury Bureau welcomed the launch of the Shanghai Gold Exchange (SGE)'s first offshore gold delivery vault in Hong Kong and the listing of relevant gold contracts for delivery in Hong Kong on its International Board today.

Secretary for Financial Services & the Treasury Christopher Hui said that the SGE's decisi...

Elders digital inclusion activities set

26-6-2025

The Digital Policy Office (DPO) announced today that a new round of activities under the "Smart Silver" Information & Communications Technology (ICT) Programme for Elders will be launched in early July, with no fewer than 45,000 senior participants.

The outreach programme has been well received since its launch in 2014, with the number of partici...

2nd digital asset statement issued

26-6-2025

The Government today issued its “Policy Statement 2.0 on the Development of Digital Assets in Hong Kong”, reinforcing a commitment to establishing Hong Kong as a global hub for innovation in the digital asset field.

The statement sets out a vision for a trusted and innovative digital asset ecosystem that prioritises risk management and investor p...

FS joins Summer Davos opening

25-6-2025

Financial Secretary Paul Chan today attended the opening ceremony of the World Economic Forum Annual Meeting of the New Champions 2025 and a discussion session as he wrapped up his Tianjin visit and proceeded to Beijing in the evening.

In the morning, Premier Li Qiang attended the opening ceremony of the annual meeting, also known as the Summer Davos...

Algernon Yau attends forum in Paris

25-6-2025

Secretary for Commerce & Economic Development Algernon Yau yesterday attended the China Forum, organised by Business France, in Paris, as he wrapped up a week-long visit to France.

Speaking at the forum, Mr Yau remarked that Asia is currently contributing 60% to global economic growth. He added that Asia, and in particular the Mainland market, pr...

Industrialisation scheme enhanced

25-6-2025

The Innovation & Technology Commission stated today that it has introduced an enhancement to the New Industrialisation Funding Scheme (NIFS) that includes streamlined procedures to speed up the process of approving applications.

In addition to noting that the enhancement applies to those seeking funding support of no more than $2.8 million...

FS attends Summer Davos in Tianjin

24-6-2025

Financial Secretary Paul Chan today attended the World Economic Forum Annual Meeting of the New Champions 2025 in Tianjin, and led representatives from about 20 startups and enterprises to visit the Tianjin Binhai High-tech Industrial Development Area for business matching activities.

At the annual meeting, also known as the Summer Davos, Mr Chan joi...

New companies welcomed in HK

24-6-2025

Chief Executive John Lee today officiated at an Invest Hong Kong (InvestHK) reception for new establishments of international and Mainland businesses in Hong Kong and encouraged companies to seize the myriad opportunities in the city to expand globally.

​Mr Lee also reaffirmed Hong Kong's role as a “super connector” and “super value-adde...

Deputy SJ visits Guangzhou

24-6-2025

Deputy Secretary for Justice Cheung Kwok-kwan today led a delegation to Guangzhou for a luncheon to exchange views with senior executives of Guangdong enterprises.

The delegation included representatives from the Law Society, the Bar Association, Hong Kong Exchanges & Clearing, the banking sector and the Advisory Group of Guangdong-Hong Kong-Maca...

Views sought on money lending

23-6-2025

With a view to enhancing the regulation of licensed money lenders, the Government today began a public consultation to gather views from the community.

Secretary for Financial Services & the Treasury Christopher Hui said the Government has been monitoring the money lending market and reviewing prevailing regulatory measures with the aim of...

Paul Chan to visit Tianjin, Beijing

22-6-2025

Financial Secretary Paul Chan will depart tomorrow for visits to Tianjin and Beijing, and return to Hong Kong on Thursday.

Mr Chan will lead a delegation from the innovation and technology sector to attend the World Economic Forum Annual Meeting of the New Champions 2025 in Tianjin. He will participate in several thematic sessions to deliver speeches...

HK wine trade promoted in Bordeaux

22-6-2025

Secretary for Commerce & Economic Development Algernon Yau continued his visit to Bordeaux in France to promote Hong Kong's advantages as a wine and liquor trading hub to the trade.

Mr Yau held a business roundtable with representatives of the trade of Bordeaux wine, Cognac and Armagnac to discuss the latest d...

Xia Baolong meets business elites

20-6-2025

CPC Central Committee Hong Kong & Macao Work Office Director and State Council Hong Kong & Macao Affairs Office Director Xia Baolong today met representatives of the commercial and financial sectors, and learnt about Hong Kong's major tourism development projects.
 
At an engagement session, Mr Xia interacted with representatives of Hong...

Inflation at 1.9% in May

20-6-2025

Overall consumer prices rose 1.9% year on year in May, a slightly smaller increase than the 2% recorded in April, the Census & Statistics Department announced today.

Netting out the effects of the Government’s one-off relief measures, underlying inflation was 1%, also smaller than that in April.

Compared with a year before, price increase...

SCED promotes HK in Bordeaux

20-6-2025

Secretary for Commerce & Economic Development Algernon Yau yesterday arrived in Bordeaux, where he met representatives of local technology startups and attended the Bordeaux Wine Festival.

On arriving in the French city, Mr Yau held a business roundtable involving representatives of startup network La French Tech Bordeaux, and Bordeaux-based tech...

Christopher Hui attends SH seminar

19-6-2025

Secretary for Financial Services & the Treasury Christopher Hui today attended a seminar in Shanghai discussing the collaborative development of the Shanghai and Hong Kong international financial centres.

A 2025 Lujiazui Forum event, the seminar featured a research report, “Synergistic Development of Shanghai & Hong Kong as International Fi...

Algernon Yau begins visit to France

19-6-2025

In an effort to promote Hong Kong's unique advantages and vast opportunities for businesses in France, Secretary for Commerce & Economic Development Algernon began his visit to the country yesterday by touring a global aeronautic services company in Toulouse.

Mr Yau met Elior Group SA Group Chairman and Chief Executive Officer Daniel Derichebourg...

Consumer Council chief named

19-6-2025

Secretary for Commerce & Economic Development Algernon Yau today welcomed the Consumer Council’s appointment of Alaina Shum as its Chief Executive from August 21.

The appointment was made following an open recruitment and selection process.

Mr Yau said Ms Shum is well placed to lead the Consumer Council due to her extensive management exp...

Rosanna Law ends Shanghai visit

18-6-2025

Secretary for Culture, Sports & Tourism Rosanna Law today visited the Shanghai Museum on People’s Square and a CPC memorial hall, met Shanghai Administration of Sports Director Xu Bin, and attended the WestK Shanghai Week 2025 opening ceremony and dinner.

At the Shanghai Museum on People’s Square, Miss Law was given a guided tour of the exhib...

FS attends Lujiazui Forum

18-6-2025

Financial Secretary Paul Chan attended the 2025 Lujiazui Forum in Shanghai today and witnessed the signing of the Action Plan for Collaborative Development of Shanghai & Hong Kong International Financial Centres.

Mr Chan, as one of the key guests, took part in the forum's opening ceremony and morning plenary session. 

Themed "Financial...

Postal summit held

17-6-2025

The 6th Mainland-Hong Kong-Macao Postal Summit was held in Hong Kong today where representatives from the three places engaged in business exchanges and in-depth discussions on key topics.

Secretary for Commerce & Economic Development Algernon Yau delivered opening remarks at the summit.

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State Post Bureau Director General Zhao Cho...

HK rises to third on competitiveness

17-6-2025

Hong Kong’s global competitiveness has risen by two places to third globally, after improving by two places to fifth last year, in the World Competitiveness Yearbook (WCY) 2025, published by the International Institute for Management Development (IMD).

The ranking marks Hong Kong’s return to the global top three for the first time since 2019.

Tech research projects announced

17-6-2025

The Innovation & Technology Commission today announced the second batch of 25 projects to be given funding via the Research, Academic & Industry Sectors One-plus (RAISe+) Scheme.

These projects were recommended by the scheme’s steering committee. The total funding awarded amounts to over $1 billion.

The projects cover he...

IT chief tours Dutch startup incubator

17-6-2025

Secretary for Innovation, Technology & Industry Prof Sun Dong toured a startup incubator and community workspace and met local officials during a visit to the Netherlands earlier this week.

Prof Sun paid a visit to the Amsterdam Venture Studios Startup Village. Using converted containers as offices, the village currently comprises 35 startups foc...

Algernon Yau to visit France

17-6-2025

Secretary for Commerce & Economic Development Algernon Yau will depart this evening for France, where he will visit Toulouse, Bordeaux, Cognac and Paris to promote Hong Kong's favourable business environment and its advantages as a wine and liquor trading hub. 

During the trip, the commerce chief will meet representatives of the French busin...

FS to depart for Shanghai

16-6-2025

Financial Secretary Paul Chan tomorrow will depart tomorrow for Shanghai, where he will attend the opening ceremony and plenary session of the 2025 Lujiazui Forum.

During his visit, Mr Chan will also witness the signing of the "Action Plan for Collaborative Development of Shanghai & Hong Kong International Financial Centres".

He will also a...

Alert issued over fake interviews

16-6-2025

The Commerce & Economic Development Bureau today urged the public to be vigilant against deceptive online advertisements that include purported interviews with the Secretary for Commerce & Economic Development.

The bureau made it clear that the interviews and remarks are fictitious. It also warned people not to visit any suspicious transactio...