4 d. ago Hong Kong’s focus on South Korean trade collaboration spurred by geopolitics

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. Financial Secretary Paul Chan Mo-po, who concluded a three-day visit to Seoul on Thursday, proposed a direct cross-listing of exchange-traded funds and highlighted Hong Kong’s use of an exclusive derivative financial product as...

Politics

4 d. ago Hong Kong’s focus on South Korean business collaboration spurred by geopolitics

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. Financial Secretary Paul Chan Mo-po, who concluded a three-day visit to Seoul on Thursday, proposed a direct cross-listing of exchange-traded funds and highlighted Hong Kong’s use of an exclusive derivative financial product as...

Politics

5 d. ago Economy main focus at Hong Kong leader John Lee’s meetings with advisers

Hong Kong’s leader held meetings with his advisers, including a mainland Chinese economist and two tech experts from a Hangzhou start-up known as “Six Little Dragons”, ahead of his annual policy blueprint to gauge views on how to maintain the city’s status amid growing geopolitical tensions. The John Lee Ka-chiu-led lunch meetings took place between Wednesday and Friday, marking the first official gathering of the Chief Executive’s Council of Advisers, following the appointments of Han Bicheng,...

Politics

5 d. ago Cutting red tape in focus at Hong Kong leader’s meetings ahead of policy address

Hong Kong’s leader has held meetings with advisers, including two tech bosses from Hangzhou’s “Six Little Dragons” and a top mainland Chinese economist, to gauge their views on the city’s development ahead of his annual policy blueprint, with cutting red tape coming up in the discussions. A source familiar with the meetings, chaired by Chief Executive John Lee Ka-chiu and held between Wednesday and Friday, said that a major topic of discussion was improving government efficiency to boost Hong...

Politics

2 w. ago Hong Kong sharpens crypto hub focus amid rising global competition

Hong Kong is intensifying its bid to become a global digital asset (DA) hub with the release of an updated policy statement focused on accelerating stablecoin use and tokenisation efforts, amid renewed momentum in the US this year. “The government’s highly anticipated Policy Statement 2.0, aimed at establishing Hong Kong as a global digital assets hub, comes at a time when Trump 2.0 is trying to make America the ‘crypto capital of the planet’,” said Andrew Fei, a partner at King & Wood Mallesons...

Politics

3 w. ago 35th Hong Kong Book Fair serves up food culture, targets 1 million visitors

The organisers of Hong Kong’s annual book fair have said they hope the number of visitors this year will surpass 1 million and break the record set in 2024, with the latest iteration set to focus on food culture. The 35th Hong Kong Book Fair, which has the theme of “food culture and future living”, will be held at the Convention and Exhibition Centre in Wan Chai between July 16 and 22. The venue will also host three other events at the same time, with all four expected to bring in more than 770...

Society

3 w. ago Focus on how to improve Hong Kong, fencing star Vivian Kong tells youngsters

Focus on what you can do to improve Hong Kong and mainland China instead of their shortcomings, Olympic gold medallist Vivian Kong Man-wai has told the city’s youngsters. The fencing star also urged young Hongkongers on Saturday to understand their identity, as she shared her experience of studying international relations at Stanford University in the US during a forum commemorating the fifth anniversary of the Beijing-imposed national security law. “My biggest takeaway is that Americans do not...

Politics

4 w. ago Why is top Beijing official Xia Baolong in Hong Kong for a 5

Beijing’s point man overseeing Hong Kong affairs has begun a five-day fact-finding visit to the city, his third since taking office. Sources have said Xia Baolong, director of the Hong Kong and Macau Affairs Office, will focus on assessing the city’s progress on both development and security fronts. The Post examines the importance of Xia’s visits to the city – from his past itineraries to messages issued to city officials. 1. What will Xia be doing during his visit? Xia will attend a national...

Politics