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China Conference: Hong Kongi

Latest news and stories on China Conference: Hong Kong, a flagship annual event organized by the South China Morning Post

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  • Experts chime in after Alibaba Cloud founder Wang Jian suggests city should tap into China space telescope to set up central research opportunity
  • Government funding and private donations needed, they say, as well as the ability to sell such bids to top global talent
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Hong Kong officials said they are committed to introducing new regulations for stablecoins by 2024, as the city strives to bolster its virtual asset licensing regime and become a global Web3 hub.

The Chinese electric vehicle start-up is setting its sights on Hong Kong with plans to launch a right-hand drive model in the city next year to compete against well established rivals like Tesla.

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Hong Kong can overtake London, Tokyo and Singapore and become an international insurance centre leveraging its underserved economic hinterland as well as the fast-growing opportunities in the Greater Bay Area, according to speakers on a panel on Tuesday.

City well on way to attracting nearly double the 35,000 workers annually targeted by admission schemes, Chief Executive John Lee tells Post’s China Conference: Hong Kong 2023 forum.

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Amid US-China tensions, the government ‘urgently’ needs a Middle East strategy, the chairperson of the Chamber of Hong Kong Listed Companies says at the Post’s China Conference.

As one of the most open insurance markets in the world, Hong Kong presents numerous opportunities for growth Though the Hong Kong insurance market has seen growth, there have also been a lot of ups and downs and the path forward isn’t entirely smooth

Hang Lung Group chairman Ronnie Chan says city must not underestimate ‘madness with which the US wants to destroy mainland China’, and Hong Kong.

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Blockchain could lower barriers to entry in Hong Kong’s important financial industry and help it catch up in innovation as it further integrates into the Greater Bay Area.

Privacy fears over collection of data from Covid-19 ‘Leave Home Safe’ app highlighted as evidence of lack of public confidence in officials, with panellists at China Conference saying better communication is key.

Major Hong Kong companies have embraced innovation to sharpen their competitiveness during the coronavirus pandemic, the China Conference heard on Thursday.

Hong Kong has an immensely important role in global green finance, but its success hinges on shaping and rapidly adopting international sustainability reporting standards.

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With many firms maintaining a hybrid work model the need for large offices has declined, and city currently has more than 10 million sq ft of space available, with 6 million sq ft more expected to come online by 2024.

Commerce secretary Edward Yau tells China Conference attendees city actively looking for ‘leeway’ in ways to loosen rules for those with two jabs, pointing to existing ‘vaccine bubble’ as example.

A year of border closures has forced mainland businesspeople to seek ‘substitutes’, which ‘may become permanent’ if the situation does not return to normal, Leung says.