Officials highlight I&T to drive Hong Kong’s economy
Hong Kong's financial secretary said the administration has invested more than HK$200 billion (US$25.6 billion) to support the development of innovation and technology.
Liu Yifan
Hong Kong’s affluent become millionaires at 33 on average
They are also expected to build HK$10 million ($1.28 million) in liquid assets by an average age of 62, a study shows.
Hong Kong to lift sentiment, boost global ties: Financial secretary
Financial Secretary Paul Chan said the external economic environment has not been ideal, and the government has to adopt a “combination strategy” by unlocking potential demand…
Hong Kong’s asset management sector seeks to boost connectivity, tech
One of the much-awaited measures is the upcoming launch of the renminbi-Hong Kong dollar dual counter model for stock trading on June 19.
Hong Kong Disneyland eyes post-Covid recovery as revenues increase
The managing director expressed optimism, announcing Disney’s Hollywood Hotel will reopen in mid-July.
IMF weighs raising HK’s economic forecast amid growth
The economic outlook would further improve as economy on the Chinese mainland and recovery of the city’s aviation sector has picked up speed.
‘Notable improvement’ in public housing lying ahead: Our Hong Kong Foundation
The think tank's report came as the city doubled down on tackling its deep-seated housing shortage.
Hong Kong National People’s Congress deputy stresses medical integration in Greater Bay Area
As one of the world’s wealthiest city clusters, the gross domestic product of the GBA hit 12.6 trillion yuan in 2021, 2.4 trillion yuan more than that in 2017, data from…
Hong Kong set to lead the charge in green development
The Financial Secretary notes that Hong Kong is already home to a number of “high-quality, forward-thinking and passionate” green technology companies.
Stablecoin licensing regime new fintech milestone for Hong Kong
Notable downfalls in the global virtual-asset market in 2022 have put stablecoins under regulatory scrutiny by major jurisdictions.