3 d. ago Hong Kong signs tax treaty with Norway, marking fourth such agreement this year

Hong Kong has signed a comprehensive avoidance of double taxation agreement (CDTA) with Norway, marking its fourth such pact this year as the city steps up efforts to strengthen its appeal as an international business and investment hub. Secretary for Financial Services and the Treasury Christopher Hui Ching-yu signed the agreement with the Government of the Kingdom of Norway in Beijing on Tuesday. Hui had visited Norway to discuss the matter in June. Under the agreement, Hong Kong residents who...

Politics

8 d. ago China’s generative AI tiger MiniMax pursues Hong Kong IPO to expand global reach

Chinese artificial intelligence start-up MiniMax plans to channel funds from its proposed Hong Kong initial public offering (IPO) into research and development as it seeks to compete with global and domestic rivals, according to a person familiar with the matter. With 70 per cent of its revenue generated overseas, MiniMax was targeting Hong Kong’s international investor base and capital market, the person said. The Shanghai-based firm, backed by Alibaba Group Holding and Tencent Holdings, was...

Politics

8 d. ago Why ‘Hong Kong model’ combining Chinese and Western medicine could go global

A “Hong Kong model” being developed by the city’s first Chinese medicine hospital that integrates traditional and Western practices will be easier for overseas institutions to adopt, offering a niche for promoting such treatments worldwide, experts have said. With the opening of the Chinese Medicine Hospital of Hong Kong on Thursday, a German facility that earlier signed an agreement with the new institution told the Post that the two sides were exploring potential areas of collaboration and...

Politics

8 d. ago Hong Kong scion Adrian Cheng signs Dubai retail partnership with group headed by royal

Adrian Cheng Chi-kong, former heir apparent to Hong Kong property giant New World Development (NWD), has partnered with a Dubai royal and businessman to spruce up the retail, leisure and cultural offerings of Wafi City, one of the United Arab Emirates (UAE) city’s top shopping destinations. Cheng and Dubai Sheikh Mana bin Khalifa Al Maktoum, founder and chairman of the Wafi Group, signed an agreement to set up a new entity called Wafi Anime 11 in Dubai on Wednesday, according to a statement on...

Politics

9 d. ago Hong Kong pares base rate in salve for borrowers, as a split Fed signals fewer cuts ahead

Hong Kong’s de facto central bank has cut its base interest rate for the third time in three months, lowering the cost of funding to help reboot businesses and ease the burden of mortgage borrowers. The city’s base rate was reduced by a quarter of a percentage point to 4 per cent, according to the Hong Kong Monetary Authority (HKMA) on Thursday. Hours earlier, the US Federal Reserve cut its target rate by the same margin to a range of 3.5 per cent to 3.75 per cent, following the final meeting of...

Politics

9 d. ago Hong Kong banks keep prime rates unchanged despite HKMA base rate cut

Hong Kong’s three note-issuing banks – HSBC, Standard Chartered and Bank of China (Hong Kong) – have kept their prime lending and savings rates unchanged, even though the Hong Kong Monetary Authority (HKMA) lowered the base rate on Thursday. Analysts said commercial banks found it difficult to reduce lending rates further because savings rates were already close to zero, meaning any cut in prime lending rates alone would erode profitability. Hong Kong banks set their own interest rates and are...

Politics

9 d. ago Six major Hong Kong banks keep prime rates unchanged despite HKMA base rate cut

Six major lenders in Hong Kong, including three note-issuing banks – HSBC, Standard Chartered and Bank of China (Hong Kong) – have kept their prime lending and savings rates unchanged, even though the Hong Kong Monetary Authority (HKMA) lowered the base rate on Thursday. Analysts said commercial banks found it difficult to reduce lending rates further because savings rates were already close to zero, meaning any cut in prime lending rates alone would erode profitability. Hong Kong banks set...

Politics

1 week ago Hong Kong signs aviation deals with 7 countries to expand global network

Hong Kong has reached aviation agreements with at least seven countries, mostly in Latin America, over the past two months to expand its global network and tap into extra capacity from the three-runway system, according to a senior official. Secretary for Transport and Logistics Mable Chan revealed on Tuesday morning that the government had signed deals with the Latin American countries of Chile, Argentina, Ecuador, Peru, Cuba, along with Poland in Europe and Togo in West Africa. The new deals...

Economics

1 week ago Hong Kong signs aviation deals with 7 countries to expand global reach

Hong Kong has signed aviation agreements with seven countries – mostly in Latin America – to expand its global reach and tap into extra capacity from the airport’s three-runway system, according to a senior official. Secretary for Transport and Logistics Mable Chan revealed on Tuesday morning that the government had signed deals with the Latin American countries of Chile, Argentina, Ecuador, Peru and Cuba, along with Poland in Europe and Togo in West Africa, over the past two months. The new...

Politics

1 week ago New faces win nearly half of 90 Legco seats as Hong Kong turns to reforms

New, younger faces have won slightly fewer than half of the 90 seats in Hong Kong’s second “patriots-only” Legislative Council, and their immediate task will be to tackle the aftermath of the deadly Tai Po fire and implement systemic reforms. The Sunday poll drew a 31.9 per cent turnout rate, with Chief Executive John Lee Ka-chiu declaring that the election would have profound significance as Hong Kong recovered from the catastrophic fire that killed 159 people. “[The election] demonstrates...

Politics

1 week ago Over 20,000 sign up to use designated Hong Kong Legco election polling stations

More than 20,000 Hongkongers – mostly civil servants – have signed up to cast their ballots at new designated polling stations set up to facilitate voting in the Legislative Council election, while fewer than 20 individuals from ethnic minority communities have made use of the new arrangement. Justice David Lok Kai-hong, Electoral Affairs Commission chairman, said on Sunday that the watchdog would review the arrangement of designated polling stations after the election, stressing that no...

Politics

1 week ago New Hong Kong polling stations praised but few ethnic minority voters use them

More than 20,000 Hongkongers – mostly civil servants – signed up to cast their ballots at new designated polling stations set up to facilitate voting in the Legislative Council election, while fewer than 20 individuals from ethnic minority communities made use of the new arrangement. Electoral Affairs Commission chairman Justice David Lok Kai-hong said on Sunday that the watchdog would review the arrangement of designated polling stations after the election, stressing that no benchmarks were set...

Politics

2 w. ago 140 private doctors offering free basic healthcare to Hong Kong fire victims

More than 140 private doctors in Hong Kong have signed up to offer free basic healthcare for survivors of last week’s deadly blaze that tore through seven of eight blocks in a housing complex in Tai Po. The government said on Thursday that the scheme spanned doctors across 170 locations, including four private hospitals. The policy allows victims to have three consultations, plus medication, free of charge between now and February 28 next year. The scheme will be coordinated by project managers...

Events

2 w. ago A New Chapter in Bilingual Excellence: YK Pao School Hong Kong Appoints its Founding Head

[The content of this article has been produced by our advertising partner.] HONG KONG – 3 December 2025 – In a significant milestone in its founding, YK Pao School Hong Kong today announces the appointment of Mrs. Cathy Braithwaite as its Founding Head. This appointment marks the next step in realising a visionary educational project that will weave together the rich tapestry of Chinese heritage with a forward-thinking global perspective. Scheduled to open its doors in September 2026, this...

Politics

2 w. ago China’s 3SBio seeks US$400 million in Hong Kong to boost drug pipeline

Chinese drug maker 3SBio plans to raise HK$3.12 billion (US$401 million) by selling a 4.14 per cent stake in the company to fund clinical research in China and the US and expand the global reach of its drug portfolio. The Shenyang-based biopharmaceutical firm has agreed to sell 105.1 million new shares at HK$29.62 each. The placing price represents a 6.5 per cent discount compared with Monday’s closing price of HK$31.68, according to its filing with the Hong Kong stock exchange on Tuesday. The...

Economics

3 w. ago National Games underscored ties that bind Hongkongers with rest of China

China’s National Games marked a historic milestone this year: for the first time since the event’s inception in 1959, competitions were held throughout the Guangdong-Hong Kong-Macau Greater Bay Area – a clear sign of the region’s increasing connectivity and spirit of cooperation. Hong Kong achieved its highest medal tally, with nine golds, two silvers and eight bronzes, fostering pride in a city discovering a new level of confidence through sport. Behind every medal lies a personal story of...

Sport