Greater Bay Area

Beijing has high hopes that Macau can reduce its reliance on gambling and forge a new identity as a tech hub for the Greater Bay Area.

Amid growing concerns about instability and overwork in the private sector, some fresh grads reject US$63,000 job offers at tech giants to take lowly, albeit stable, civil service jobs working as cyber police.

Singapore, Malaysia, Vietnam and Thailand are the most popular investment destinations, finds poll of 657 firms.

Governments must recognise that technology does not exist in a vacuum but amid broader forces that are often unpredictable. Citizens’ security and privacy concerns cannot be dismissed with assurances about the fairness and objectivity of technology.

Hong Kong’s less stringent online lending rules vis-a-vis the mainland, and its mature financial market offer opportunities, Qupital’s CEO says.

The combined group will provide oncology tests for clinical applications and assist pharmaceutical companies in diagnostics development and drug discovery.

Visiting health panel views air hub as key defence against imported infections, but mainland experts ‘happy with what they have seen’, source says.

Francois Monnet, Credit Suisse’s Hong Kong branch chief executive and head of private banking for North Asia, is to retire at year’s end.

The survey, which polled 308 firms from sectors such as new economy, information technology and hardware and biotechnology, was conducted between August and September and aimed to assess the start-up ecosystem in the Greater Bay Area.

Hong Kong’s outdated data privacy law puts it out of step with Beijing, experts say, as the mainland pushes to restrict cross-border data flows.

Hong Kong drivers accessing the Greater Bay Area development zone will soon need only one motor insurance policy instead of three different policies for the city, Macau and mainland China.

Campaigns like ‘I Am Hong Konger’ politicise Cantonese from the other side of the world when the way forward lies in mutual understanding and greater integration with Guangdong, the ancestral home of the language.

Reopening had ‘received the attention of the top Chinese leaders’ and all sides ‘working hard to make it happen’, one insider says.

Not enough government help schemes for those who opt to retire across the border, experts say.

Non-interventionism is no longer a fit credo for Hong Kong as it competes with mainland cities that follow a state-market partnership model. The real social issue facing Hong Kong is a conflicted identity, which has sowed division. To promote healing, policymakers must address social inequality.

Midea CFO Jeremy Choy, a former Hong Kong banker, says Midea is a technology company that competes in smart homes, robotics and industrial automation.

The Faster Payment System is one of several ways Hong Kong is seeking to remain at the cusp of financial sector innovation, Financial Secretary Paul Chan Mo-po said at the 2021 Hong Kong FinTech Week conference.

Of all the regions of China that have modernised since its opening to the world in 1978, none has changed faster than the Greater Bay Area.

Talent flow between Hong Kong and the mainland leaves much to be desired, said professors, officials and entrepreneurs.

Local universities must now start making their mark by contributing to economic advances on national level, according to Beijing’s top agency in Hong Kong.

HSBC opens one-stop wealth and well-being shop as part of its efforts to capture more ultra wealthy customers in Hong Kong and the Greater Bay Area.

With five universities ranked in the world’s top 100, Hong Kong can fuel regional growth through innovation, research and education. Its capacity for world-class education and research will help preserve the city’s global status and add value to the region.

HSBC’s pre-tax profit of US$5.4 billion beats estimates of US$3.78 billion; CEO Noel Quinn says bank is ‘comfortable’ with exposure to Evergrande, mainland developers.

District in Guangdong identified as having potential for mutual development in health tech, shipping and residential development.

The monetary authorities of Hong Kong and mainland China agreed to create a one-stop sandbox platform in the Greater Bay Area that will allow fintech companies to develop cross-border products faster and at lower cost.