12 h. ago Hong Kong an aviation hub for Greater Bay Area, beyond: Airport Authority chief

The Hong Kong International Airport (HKIA) is poised to serve as a major infrastructure for the Greater Bay Area (GBA) and markets beyond, as a fresh surge of Chinese companies moves to expand globally over the next decade, according to the head of the city’s Airport Authority. “We mustn’t see the HKIA just as an airport for Hong Kong,” said Fred Lam Tin-fuk, Airport Authority chairman, in a speech at the Standard Chartered Hong Kong Business Summit 2025 on Tuesday. “We very much see it as a...

Politics

12 h. ago Hong Kong retains top spot in finance, logistics and tourism in Greater Bay Area

Hong Kong has retained its leading position in three out of six major industries within the Greater Bay Area, according to an index comparing the relative advantages of 11 cities across the southern Chinese region. Shenzhen held onto its top spot in innovation and technology as well as manufacturing, while Guangzhou remained the leader in real estate. The Greater Bay Area Industry Development Index, compiled by Our Hong Kong Foundation and Dah Sing Bank, surveyed 3,400 companies across 11 cities...

Politics

38 h. ago Hong Kong set for IPO flurry next week with Sany leading the charge

The Hong Kong stock exchange is poised for a blockbuster day next week, as four stocks – including Sany Heavy Industry, China’s largest construction machinery manufacturer – are set to debut, positioning the city to reclaim its status as the world’s top fundraising venue this year. Among the four stocks launching on October 28, Sany Heavy Industry, already listed in Shanghai, aims to raise the highest amount, targeting up to HK$12.36 billion (US$1.59 billion) by offering 580.42 million shares in...

Politics

41 h. ago China’s Ant, JD.com Hit Pause on Hong Kong Stablecoin Plans After Beijing Warning

China’s Ant, JD.com Hit Pause on Hong Kong Stablecoin Plans After Beijing Warning  Yahoo Finance

Events

43 h. ago Stronger Hong Kong residential property market whets investor appetite: analysts

Hong Kong’s residential property market is gradually mending investor sentiment, according to analysts, who are nonetheless cautious about a full recovery amid geopolitical tensions and economic uncertainties. Investors accounted for 20 per cent of the market’s total transactions so far in 2025, according to UBS property analyst Mark Leung, who added that some districts with residential projects near universities might have a higher proportion. The average gross rental yield for mass residential...

Economics

44 h. ago Hong Kong exchange sees further growth ahead for record ETF market

Bourse operator Hong Kong Exchanges and Clearing (HKEX) expects its exchange-traded fund (ETF) market to continue growing after hitting record turnover and new listings this year, according to a senior executive. Average daily turnover in ETFs doubled to a record HK$37.8 billion (US$4.8 billion) in the first nine months, as the exchange’s 225 ETFs drew an increasing number of investors from mainland China, Asia, the Middle East and Europe. ETFs are listed index funds that track the performance...

Politics

65 h. ago Fintech can supercharge Hong Kong as financial hub: Broadridge CEO

Embracing technology platforms for applications such as electronic proxy voting, private debt underwriting and trading of repurchase (repo) agreements can help Hong Kong elevate its standing as Asia’s top financial hub, according to a leading US fintech firm. Technologies that simplified investor engagement had been a catalyst for growth in other markets, said Tim Gokey, CEO of New York-listed Broadridge Financial Solutions, adding that fintech could enhance corporate governance and product...

Economics

3 d. ago New lending and repo plans accelerate the yuan’s challenge to the US dollar

When Hong Kong businessman Sunny Yip Yuk-chik heard about a new scheme that would make it easier and cheaper to borrow Chinese yuan, he immediately called his staff on the Chinese mainland with the news. Earlier this month, the Hong Kong Monetary Authority (HKMA) launched a 100 billion yuan (US$14 billion) Renminbi Business Facility (RBF) that would enable business owners like Yip to borrow yuan from Hong Kong banks for up to 12 months at the onshore yuan interest rate, easing trade...

Politics

5 d. ago 3 arrested in Hong Kong, mainland Chinese operation targeting money launderers

Hong Kong and mainland Chinese authorities have arrested three men in a cross-border operation targeting a money laundering syndicate that allegedly used pre-recorded footage to bypass digital bank accounts’ facial recognition software and laundered more than HK$270 million (US$34.7 million). Chief Inspector Lo Yin-lam of Hong Kong police’s financial investigation bureau said on Thursday that the syndicate allegedly recruited members from the mainland to travel to the city and open accounts with...

Events

6 d. ago Invest and expand in Hong Kong, Paul Chan tells US firms despite trade tensions

Hong Kong’s finance chief has called on American businesses to invest in the city as he begins his latest visit to the country, even as global concerns grow over the possible re-escalation of the US-China trade war. The government on Wednesday said that Financial Secretary Paul Chan Mo-po arrived in New York the previous day and attended the annual gala dinner of the National Committee on United States-China Relations (Ncuscr), a non-profit organisation that promotes understanding between the...

Economics

7 d. ago Chinese robotaxi firms Pony.ai, WeRide on road to Hong Kong IPOs

Pony.ai and WeRide, two leading robotaxi operators in mainland China, have taken their first steps towards share offerings on the Hong Kong stock exchange by filing fundraising plans with the securities regulator. They will join a clutch of mainland companies seeking to tap global investors’ growing interest in China’s electric vehicle (EV) industry as the key players accelerate their global expansion plans. According to documents published by the China Securities Regulatory Commission on...

Economics

7 d. ago Hong Kong lawmakers gave nod to all government funding requests in 4

The Legislative Council’s Finance Committee approved all Hong Kong government funding applications over the four-year term, with its chairman on Tuesday defending lawmakers’ role in scrutinising the 261 projects worth nearly HK$700 billion (US$89.7 billion) in total. Committee chairman Ronick Chan Chun-ying also said that some government departments had failed to provide precise data requested by lawmakers during their scrutiny of the budget, urging authorities to step up data collection and...

Politics

8 d. ago Hong Kong poised for greater role in Islamic finance, secretary says

Hong Kong is on track to develop as an Islamic finance centre in North Asia, with some companies considering issuing sukuk bonds to help Middle Eastern capital flow into the Greater Bay Area, according to bankers and the city’s financial secretary. “We have received a rising number of inquiries from companies about issuing sukuk bonds in Hong Kong,” said David Yim Sau-king, head of debt capital markets for Greater China and North Asia at Standard Chartered Bank, at a summit on Monday. “We hope...

Politics

8 d. ago Mainland Chinese financial firms seeking strategic Hong Kong base on the rise: Citigroup

A growing number of mainland Chinese financial institutions and international companies have shown interest in establishing regional headquarters in Hong Kong to tap into increasing business opportunities across the region, according to the head of Citigroup’s local unit. Aveline San Pau-len, Citi Hong Kong CEO and head of banking, said many mainland banks and international financial institutions would like Citigroup to help set up their headquarters in the city to serve clients who wanted to...

Economics

9 d. ago Hong Kong’s finance sector enters new era with Hang Seng privatisation

When HSBC announced its plan to privatise Hang Seng Bank for US$13.6 billion at a 30 per cent premium, the markets responded with enthusiasm. Many interpreted the move as a confident bet on Hong Kong’s future. But beneath the strategic packaging lies a deeper signal. This deal is not only about operational synergy. It is also a calculated response to mounting pressures in Hong Kong’s economy and property sector. The hope is that this bold step brings stability rather than reveals deeper...

Economics

9 d. ago Hong Kong’s Paul Chan to attend IMF, World Bank meetings in Washington

Hong Kong’s finance chief will attend the annual meetings of the IMF and the World Bank in Washington for the first time since 2019, despite a dramatic re-escalation of trade tensions between the United States and China. Financial Secretary Paul Chan Mo-po said on Sunday that aside from the two meetings, which he will attend as part of China’s delegation, he would join other events to promote the city’s strengths and development efforts while also addressing “topics of concern”. In a weekly blog...

Politics

9 d. ago Hong Kong’s Paul Chan to attend IMF, World Bank events in US, a first since 2019

Hong Kong’s finance chief will attend the annual meetings of the IMF and the World Bank in Washington for the first time since 2019, despite a dramatic re-escalation of trade tensions between the United States and China. Financial Secretary Paul Chan Mo-po said on Sunday that in addition to the two meetings, which he will attend as part of China’s delegation, he would join other events to promote the city’s strengths and development efforts while also addressing “topics of concern”. In a weekly...

Politics

1 week ago University in Hong Kong rejects hundreds of applicants over fake credentials

A top university in Hong Kong has said it rejected “several hundred” admission applications over suspicions they used fraudulent qualifications and stepped up its vetting process with the help of technology such as artificial intelligence. The cases included applicants submitting academic qualifications of secondary schools they did not attend or listing names of institutions that did not exist. Andy Wong Ka-chat, director of admissions and financial aid at the Chinese University of Hong Kong...

Politics

1 week ago Hong Kong’s financing future hinges on adapting to China’s hi

This is the sixth and final part of the exclusive Capital Connectors series in which influential Chinese and global bankers reveal the opportunities and challenges for Hong Kong in its evolution as an international financial hub. If history serves as a guide, Hong Kong’s continued reign as a premier international financial centre depends on a time-tested formula: adapting to meet evolving needs, particularly in response to the development of China’s economy, according to Wang Lei, CEO of Huatai...

Politics

1 week ago Exclusive | Hong Kong’s financing future hinges on adapting to China’s hi

Exclusive | Hong Kong’s financing future hinges on adapting to China’s hi-tech pivot: Huatai  South China Morning Post

Politics