https://www.scmp.com/rss/324555/feed The "Greater Bay Area" refers to the Chinese government's scheme to link the cities of Hong Kong, Macau, Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing into an integrated economic and business hub. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Oscar Liu Oscar Liu Hong Kong authorities are seeking to inject HK$4.6 billion (US$587 million) into the government-owned postal service provider to sustain its operations for the next three years, following eight years of losses and declining mail volume. A document submitted to the Legislative Council on Wednesday by the Commerce and Economic Development Bureau showed a bruising fiscal trajectory for the Post Office Trading Fund (POTF) of Hongkong Post since 2017-18. Self-financing since 1995, Hongkong Post has... https://www.scmp.com/news/hong-kong/society/article/3355080/stamp-approval-sought-hk46-billion-lifeline-struggling-hongkong-post?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3355080/stamp-approval-sought-hk46-billion-lifeline-struggling-hongkong-post?utm_source=rss_feed Wed, 27 May 2026 14:18:04 +0000 Ambrose Li,Oscar Liu Ambrose Li,Oscar Liu Inside a massive retail and office complex called 11 Skies next to Hong Kong International Airport, all 800 shops sit vacant and only two of 120 food outlets were open earlier this month. They were supposed to begin operating in the 3.8 million sq ft development – equivalent in size to about 53 football pitches – by last year. A recent South China Morning Post visit to 11 Skies found it largely empty, with areas cordoned off and store spaces boarded up with hoardings featuring adverts for the... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3354808/can-hong-kong-airports-terminal-2-take-11-skies-rivals-pose-challenges?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3354808/can-hong-kong-airports-terminal-2-take-11-skies-rivals-pose-challenges?utm_source=rss_feed Tue, 26 May 2026 00:30:05 +0000 Alberto Vettoretti Alberto Vettoretti Last year, China’s outward direct investment climbed 7 per cent to US$174 billion while overseas mergers and acquisitions rebounded to over US$43 billion, up nearly 40 per cent, according to EY data. Clearly, China’s appetite for global deal-making has returned. But the approach has changed. A decade ago, outbound investment was largely asset-driven, shaped by relatively light regulatory constraints and limited oversight. The prevailing mindset was simple: enter the market at all costs and fix... https://www.scmp.com/opinion/hong-kong-opinion/article/3352649/hong-kong-best-anchor-chinese-firms-seeking-global-waters?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3352649/hong-kong-best-anchor-chinese-firms-seeking-global-waters?utm_source=rss_feed Sun, 24 May 2026 08:30:07 +0000 Francis Neoton Cheung Francis Neoton Cheung More than a decade ago, I argued that Hung Shui Kiu should be conceived as the “northwest stronghold” of Hong Kong, a geographic centre of the New Territories and a hinge point between Hong Kong and Shenzhen. Today, that vision is beginning to materialise. Hung Shui Kiu is no longer just a dot on the planning map; it is emerging as a core node of the Northern Metropolis and a testing ground for institutional innovation and industrial policy. The government’s embrace of an industry-first strategy... https://www.scmp.com/opinion/hong-kong-opinion/article/3354226/hong-kong-can-turn-hung-shui-kiu-northwest-stronghold?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3354226/hong-kong-can-turn-hung-shui-kiu-northwest-stronghold?utm_source=rss_feed Sat, 23 May 2026 21:30:04 +0000 SCMP Editorial SCMP Editorial In an era of rising geopolitical fragmentation, the annual Global Prosperity Summit in Hong Kong is an important illustration of how communities with different systems can collaborate constructively to explore new ideas and even foster world peace. The city should be proud to host the two-day event, which in its third edition this week showcased how Hong Kong provides intellectual leadership fostered by its unique status as a premier hub for dialogue and intellectual exchange. Organised by the... https://www.scmp.com/opinion/comment/article/3354473/prosperity-summit-showcases-hong-kongs-intellectual-leadership?utm_source=rss_feed https://www.scmp.com/opinion/comment/article/3354473/prosperity-summit-showcases-hong-kongs-intellectual-leadership?utm_source=rss_feed Fri, 22 May 2026 23:15:10 +0000 Sophie Steiner Sophie Steiner Driven by an affluent and youthful population, Shenzhen – aka China’s Silicon Valley – has witnessed a boom over the past decade in high-end contemporary restaurants, offering everything from sophisticated modern Chinese gastronomy to Western fine dining. No longer famous for fake handbags and electronics, Shenzhen is making a name for itself as Asia’s newest culinary hotspot. This transformation has deep roots. After Shenzhen was declared a special economic zone in 1980, the city experienced an... https://www.scmp.com/lifestyle/100-top-tables/article/3354537/how-shenzhen-becoming-asias-newest-culinary-hotspot?utm_source=rss_feed https://www.scmp.com/lifestyle/100-top-tables/article/3354537/how-shenzhen-becoming-asias-newest-culinary-hotspot?utm_source=rss_feed Fri, 22 May 2026 09:49:30 +0000 Vivian Au Vivian Au The new industrial park under the Northern Metropolis megaproject has attracted strong global interest from companies in environmental and AI sectors, its chairman has said, with plans to provide international education and accommodation facilities. Jeffrey Lam Kin-fung, the newly appointed chairman of the Hung Shui Kiu Industry Park Company, also aims to have the park operational by July next year, describing it as a “nice gift” for Hong Kong’s 30th anniversary of its return to Chinese... https://www.scmp.com/news/hong-kong/society/article/3354359/northern-metropolis-industrial-park-draws-global-interest-ai-green-firms?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3354359/northern-metropolis-industrial-park-draws-global-interest-ai-green-firms?utm_source=rss_feed Fri, 22 May 2026 00:30:06 +0000 Ng Kang-chung Ng Kang-chung Hong Kong’s finance chief has begun a five-day European tour, starting in France, as part of the city’s latest push to attract global capital and reinforce its status as an international financial hub. Financial Secretary Paul Chan Mo-po arrived in Paris on Monday, where he met representatives of the Association Francaise de la Gestion Financiere (AFG) and Paris-based think tank Asia Centre, sources told the South China Morning Post. He also called on China’s ambassador to France and Monaco,... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3354014/hong-kong-finance-chief-woos-french-wealth-managers-european-tour-kicks?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3354014/hong-kong-finance-chief-woos-french-wealth-managers-european-tour-kicks?utm_source=rss_feed Tue, 19 May 2026 00:30:05 +0000 SCMP Editorial SCMP Editorial Medical innovation may not be the first prognosis that comes to mind regarding financial hub Hong Kong’s future. But last week, the city comfortably took the spotlight hosting professionals, policymakers and investors from around the world for International Healthcare Week. The Asia Summit on Global Health and the Hospital Authority Convention, held concurrently with the Hong Kong International Medical and Healthcare Fair, were important catalysts for developing the sector. The two-day summit... https://www.scmp.com/opinion/comment/article/3353944/hong-kong-shares-its-public-health-bona-fides-global-investors?utm_source=rss_feed https://www.scmp.com/opinion/comment/article/3353944/hong-kong-shares-its-public-health-bona-fides-global-investors?utm_source=rss_feed Mon, 18 May 2026 22:45:05 +0000 Kristen Cheung Kristen Cheung The Chinese University of Hong Kong (CUHK) has opened the city’s first full-stack interactive robotics lab, partnering with 24 tech firms, mostly from mainland China, to train talent and develop humanoid robots over the next five years. The Hong Kong Embodied AI Lab, established by CUHK’s Hong Kong Centre for Logistics Robotics under the government’s InnoHK initiative, has already introduced upgraded versions of the city’s first locally developed AI-powered robotic arms and a quadruped robot,... https://www.scmp.com/news/hong-kong/society/article/3353951/hong-kongs-cuhk-aims-bring-ai-life-humanoid-focused-robotics-lab?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3353951/hong-kongs-cuhk-aims-bring-ai-life-humanoid-focused-robotics-lab?utm_source=rss_feed Mon, 18 May 2026 07:52:16 +0000 Emily Hung Emily Hung More than 310 enterprises from mainland China and abroad have established or expanded operations in Hong Kong so far in 2026, bringing in more than HK$26 billion (US$3.3 billion) in capital in their first year of operation, according to the government agency tasked with attracting foreign investment. Casting a positive light on stabilising Sino-US relations following the Xi-Trump summit, InvestHK director general Alpha Lau Hai-suen said on Sunday that Hong Kong had to proactively adapt to the... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3353861/hong-kong-draws-over-310-firms-and-hk26-billion-capital-investhk-head-says?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3353861/hong-kong-draws-over-310-firms-and-hk26-billion-capital-investhk-head-says?utm_source=rss_feed Sun, 17 May 2026 06:38:23 +0000 Ian Borchard Ian Borchard Hong Kong is in a unique position to capitalise on yacht tourism – with over 1,000km of coastline and more than 200 islands, this natural advantage is something few international cities can match. Recent policy initiatives, ranging from new mooring developments to cross-boundary integration within the Greater Bay Area, signal the government’s clear intent to further promote the marine economy. Plans to add over 1,100 new berths and expand key sites, such as the Aberdeen typhoon shelter and the... https://www.scmp.com/opinion/hong-kong-opinion/article/3353168/3-ways-build-hong-kongs-yacht-economy-beyond-infrastructure?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3353168/3-ways-build-hong-kongs-yacht-economy-beyond-infrastructure?utm_source=rss_feed Fri, 15 May 2026 01:30:04 +0000 Themis Qi Themis Qi Over the next two to three decades, an estimated US$11 trillion in private wealth will change hands across Asia-Pacific – one of the largest intergenerational wealth transfers in modern history, according to Swiss Bank UBS. The region’s next-generation family members perceive this shift very differently from their counterparts in Europe and North America. In Asia-Pacific, inheritors are more likely to associate a family milestone with the passing of a family member. By contrast, in Europe and... https://www.scmp.com/business/money/wealth/article/3353208/chinese-successors-inherit-younger-banks-prepare-us11-trillion-wealth-transfer?utm_source=rss_feed https://www.scmp.com/business/money/wealth/article/3353208/chinese-successors-inherit-younger-banks-prepare-us11-trillion-wealth-transfer?utm_source=rss_feed Tue, 12 May 2026 01:20:05 +0000 Theodora Yu Theodora Yu Hong Kong is expected to play a greater role in major national clinical research projects and scientific breakthroughs, a mainland Chinese health official has said, pledging stronger support for local researchers at an annual medical conference. The remarks were made by a National Health Commission official at the Hospital Authority Convention on Monday, where the authority’s chief also vowed to introduce more efficient service pathways and smart hospital initiatives to enhance healthcare... https://www.scmp.com/news/hong-kong/health-environment/article/3353160/hong-kong-urged-expand-role-national-medical-research-breakthroughs?utm_source=rss_feed https://www.scmp.com/news/hong-kong/health-environment/article/3353160/hong-kong-urged-expand-role-national-medical-research-breakthroughs?utm_source=rss_feed Mon, 11 May 2026 09:54:51 +0000 Wency Chen Wency Chen China ranked third in a new global index measuring competitiveness in AI for biotechnology, healthcare and longevity, as the race to apply AI moves from chatbots and general-purpose models into regulated, data-heavy industries such as drug discovery, diagnostics and preventive medicine. The latest edition of the Global AI Competitiveness Index, released on Monday by Deep Knowledge Group, a consortium focused on deep-tech research, analytics and investment, ranked China behind only the US and UK... https://www.scmp.com/tech/big-tech/article/3353081/china-ranks-third-global-index-ai-competitiveness-life-sciences?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3353081/china-ranks-third-global-index-ai-competitiveness-life-sciences?utm_source=rss_feed Mon, 11 May 2026 07:00:26 +0000 SCMP Editorial SCMP Editorial Hong Kong’s economy first took off as a trading hub, and then as a global financial centre. Given its advantageous location, it’s only natural that it should be a logistics and transport powerhouse. It’s not for nothing that some of our most famous tycoons of the last century made their names in shipping. Since major ports along coastal China have taken some of the shine off the city, it is even more important that we stay competitive and maintain our strategic maritime edge. That includes... https://www.scmp.com/opinion/comment/article/3352866/hong-kongs-maritime-edge-real-its-not-cause-complacency?utm_source=rss_feed https://www.scmp.com/opinion/comment/article/3352866/hong-kongs-maritime-edge-real-its-not-cause-complacency?utm_source=rss_feed Sun, 10 May 2026 22:45:10 +0000 Lo Hoi-ying Lo Hoi-ying Hong Kong recorded 17 per cent growth in investment in the first quarter of the year, driven mainly by machinery purchases and construction-related activities that reflected a steadily improving property market, the finance chief has said. Financial Secretary Paul Chan Mo-po noted on Sunday that while the city recorded its fastest quarterly expansion in nearly five years at 5.9 per cent, not all residents might immediately perceive the improvements in the economy. Nevertheless, he remained... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3353030/hong-kong-records-17-jump-investments-led-machinery-purchases-construction?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3353030/hong-kong-records-17-jump-investments-led-machinery-purchases-construction?utm_source=rss_feed Sun, 10 May 2026 07:28:31 +0000 Fiona Sun Fiona Sun Authorities will negotiate with operators of popular care homes in Guangdong province to secure more places for elderly Hongkongers to meet a rising demand, the welfare minister has said, amid a ninefold surge in city residents moving into such facilities across the border in recent years. Secretary for Labour and Welfare Chris Sun Yuk-han said in an interview with the South China Morning Post that the number of elderly Hongkongers living in care homes under the Residential Care Services Scheme... https://www.scmp.com/news/hong-kong/society/article/3353016/hong-kong-seek-more-elderly-care-places-guangdong-chris-sun-says?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3353016/hong-kong-seek-more-elderly-care-places-guangdong-chris-sun-says?utm_source=rss_feed Sun, 10 May 2026 04:00:21 +0000 Carol Yang Carol Yang Online content writer Phoebe Zhao is packing her bags to leave Beijing after two years in the Chinese capital. But the 26-year-old is not heading back to her hometown in northeastern China’s Heilongjiang province. She is opting instead to pursue postgraduate study in Shanghai, hoping it will serve as a springboard to career opportunities in the surrounding Yangtze River Delta. People born in northern China in the 1980s and ’90s used to consider Beijing the best place to build a career. But for... https://www.scmp.com/economy/china-economy/article/3352898/why-gen-z-abandoning-beijing-greener-fields-elsewhere-china?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3352898/why-gen-z-abandoning-beijing-greener-fields-elsewhere-china?utm_source=rss_feed Sat, 09 May 2026 08:00:10 +0000 Yuanyue Dang Yuanyue Dang China’s international arbitration efforts have made significant progress, but more work is needed to attract foreign parties to arbitrate in China amid US-China rivalry, according to arbitrators and law scholars. China’s newly revised Arbitration Law took effect in March, marking the most significant overhaul of the country’s commercial dispute framework since 1994, in a move to promote cities such as Beijing, Shanghai and Shenzhen to develop into international arbitration centres, competing... https://www.scmp.com/news/china/diplomacy/article/3352822/trust-key-if-chinas-international-arbitration-goals-are-succeed-experts-say?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3352822/trust-key-if-chinas-international-arbitration-goals-are-succeed-experts-say?utm_source=rss_feed Fri, 08 May 2026 15:45:04 +0000 SCMP Editorial SCMP Editorial Every crisis presents an opportunity. Thanks to the war in the Middle East, Hong Kong has, unexpectedly, turned into a safe harbour for the trading and storage of gold and industrial metals. The city had already been positioning itself as an international gold hub, leveraging its financial infrastructure to meet growing demand for safe-haven assets. But the war has driven home how well suited Hong Kong is to becoming an alternative to Dubai, the world’s second-largest gold trading... https://www.scmp.com/opinion/comment/article/3352701/middle-east-war-offers-hong-kong-golden-opportunity?utm_source=rss_feed https://www.scmp.com/opinion/comment/article/3352701/middle-east-war-offers-hong-kong-golden-opportunity?utm_source=rss_feed Thu, 07 May 2026 23:15:04 +0000 Eric Jiang Eric Jiang A biofuel company backed by the family office of tycoon Peter Lee Ka-kit will invest HK$10 billion (US$1.3 billion) in sustainable aviation fuel (SAF) production plants in the Greater Bay Area, a project that Hong Kong’s leader has hailed as a “milestone” collaboration between the city and mainland China. EcoCeres, a Hong Kong-based renewable fuel producer backed by the tycoon – who is also chairman of Henderson Land Development and Towngas – unveiled plans on Tuesday to build an SAF plant in... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352453/ecoceres-invest-hk10-billion-sustainable-aviation-fuel-plants-greater-bay-area?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352453/ecoceres-invest-hk10-billion-sustainable-aviation-fuel-plants-greater-bay-area?utm_source=rss_feed Tue, 05 May 2026 05:38:12 +0000 Enoch Yiu Enoch Yiu The war in the Middle East could create an opening for Hong Kong to develop into a regional commodities trading hub, as manufacturers in mainland China and across Asia look to the city to secure more stable metal supplies, according to industry participants. Manufacturers importing copper, aluminium and other industrial metals were increasingly considering Hong Kong as a storage base, while also seeking to tap its financial markets to hedge against price volatility driven by geopolitical... https://www.scmp.com/business/article/3352394/middle-east-war-drives-demand-hong-kong-metal-storage-capacity-falls-short?utm_source=rss_feed https://www.scmp.com/business/article/3352394/middle-east-war-drives-demand-hong-kong-metal-storage-capacity-falls-short?utm_source=rss_feed Tue, 05 May 2026 00:00:24 +0000 Jane Cai Jane Cai Hong Kong universities are rapidly gaining favour among mainland Chinese families as they shun the intense domestic competition of the gaokao and uncertainties stemming from Sino-US tensions, embracing the city’s generous non-local admission quotas. The Blue Book on Mainland Students Studying in Hong Kong released late last month underscores this trend, attributing it to geographic proximity, cultural familiarity, and pragmatic considerations regarding career prospects and residency planning,... https://www.scmp.com/news/china/politics/article/3352283/mainland-students-turn-hong-kong-universities-amid-gaokao-us-visa-worries?utm_source=rss_feed https://www.scmp.com/news/china/politics/article/3352283/mainland-students-turn-hong-kong-universities-amid-gaokao-us-visa-worries?utm_source=rss_feed Mon, 04 May 2026 02:00:22 +0000 SCMP Editorial SCMP Editorial The Hong Kong tourism industry has spent years looking for ways to chart a course back to a semblance of the smooth sailing it long enjoyed. Efforts to develop a high-spending yacht economy are one promising approach that could buoy the sector and the city overall. So it was welcome news that a long-awaited cross-border solo travel scheme could be in place for local yachts as early as this summer. The policy would allow vessels from Macau and Hong Kong to easily sail to western waters off the... https://www.scmp.com/opinion/comment/article/3352250/cross-border-scheme-could-boost-hong-kongs-yacht-economy-dreams?utm_source=rss_feed https://www.scmp.com/opinion/comment/article/3352250/cross-border-scheme-could-boost-hong-kongs-yacht-economy-dreams?utm_source=rss_feed Sun, 03 May 2026 23:15:13 +0000 Emily Hung Emily Hung Beijing’s point man on Hong Kong affairs has called on the alumni of the prestigious Tsinghua University to help the city better serve national development with their patriotism, pragmatism and global networks. Adding to the remarks by the director of the central government’s liaison office on Sunday, city leader John Lee Ka-chiu also expressed hope that more of the university’s graduates would assist the city in becoming an international education hub and promoting high-quality national... https://www.scmp.com/news/hong-kong/education/article/3352288/tsinghua-university-alumni-can-help-hong-kong-serve-nation-liaison-office-chief?utm_source=rss_feed https://www.scmp.com/news/hong-kong/education/article/3352288/tsinghua-university-alumni-can-help-hong-kong-serve-nation-liaison-office-chief?utm_source=rss_feed Sun, 03 May 2026 15:08:25 +0000 Letters Letters Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at letters@scmp.com or filling in this Google form. Submissions should not exceed 400 words. The 11th National Security Education Day once again showcased Hong Kong’s commitment to safeguarding stability while deepening integration into China’s national framework. Yet beneath the banners and speeches lies a sobering truth: the city’s future hinges not only on patriotic... https://www.scmp.com/opinion/letters/article/3352104/hong-kong-must-prioritise-well-being-flag-bearers-tomorrow?utm_source=rss_feed https://www.scmp.com/opinion/letters/article/3352104/hong-kong-must-prioritise-well-being-flag-bearers-tomorrow?utm_source=rss_feed Sat, 02 May 2026 03:30:09 +0000 Xinmei Shen Xinmei Shen Hong Kong has made “significant” progress in its bid to transform itself into a technology hub, according to a Chinese venture capital investor, whose firm was recently selected by the city to invest in local start-ups under a HK$2 billion (US$250 million) government initiative. “You can see fundamental, significant changes are indeed taking place,” said Steve Sun, founding managing partner of Dalton Venture, in an interview on Thursday. “I believe that over the next decade, Hong Kong can... https://www.scmp.com/tech/policy/article/3352173/hong-kong-tech-hub-progress-significant-dalton-ventures-steve-sun-says?utm_source=rss_feed https://www.scmp.com/tech/policy/article/3352173/hong-kong-tech-hub-progress-significant-dalton-ventures-steve-sun-says?utm_source=rss_feed Sat, 02 May 2026 00:30:08 +0000 Terry Lum Terry Lum Hong Kong is increasingly being urged to develop a comprehensive population policy. Academics, policymakers and business leaders warn that rapid ageing, low fertility and a shrinking labour force threaten the city’s competitiveness, and call for more decisive government intervention. Most such calls converge around two familiar strategies: encouraging Hong Kong women to have more children and attracting more immigrants. Both approaches assume Hong Kong must resolve its demographic challenges... https://www.scmp.com/opinion/hong-kong-opinion/article/3351750/hong-kongs-population-policy-still-trapped-city-state-mindset?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3351750/hong-kongs-population-policy-still-trapped-city-state-mindset?utm_source=rss_feed Fri, 01 May 2026 21:30:08 +0000 Edith Lin Edith Lin More Hong Kong permanent residents will soon be able to drive to Macau for work, sightseeing, family visits and business as the two cities move to expand an existing scheme to make better use of the Hong Kong-Zhuhai-Macau Bridge. The Transport Department said on Friday that all Hong Kong permanent residents and locally registered companies would be allowed to apply for 400 multiple-entry quota places under a new category for drivers of non-commercial private cars. Under the current scheme, only... https://www.scmp.com/news/hong-kong/transport/article/3352181/more-hongkongers-can-drive-macau-under-expanded-travel-scheme?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3352181/more-hongkongers-can-drive-macau-under-expanded-travel-scheme?utm_source=rss_feed Fri, 01 May 2026 12:58:20 +0000 Enoch Yiu Enoch Yiu Gold bars, cruises, Dior beauty services and Rosewood Hong Kong vouchers are just some of the incentives Hong Kong’s major lenders are offering in hopes of capturing wealthy clients, as visitors from mainland China descend on the city during the golden week holiday starting on Friday. HSBC, Standard Chartered and Bank of China (Hong Kong) – the city’s three biggest banks – Citigroup, DBS Hong Kong, ICBC Asia, Bank of East Asia and Hang Seng Bank have all extended the hours of certain branches on... https://www.scmp.com/business/banking-finance/article/3352097/gold-cruises-and-dior-how-hong-kong-lenders-are-enticing-wealthy-mainland-china-visitors?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3352097/gold-cruises-and-dior-how-hong-kong-lenders-are-enticing-wealthy-mainland-china-visitors?utm_source=rss_feed Fri, 01 May 2026 05:30:07 +0000 Frank Chen Frank Chen China’s national aviation regulator has signed new partnership deals with its counterparts in Hong Kong and Macau to accelerate type certification for the country’s widebody airliner, the C929, which is being developed to take on mainstream models from Boeing and Airbus. Building on the cooperation framework established for the home-grown narrowbody C919, the Civil Aviation Administration of China (CAAC) and Hong Kong Civil Aviation Department on Thursday outlined a plan to further collaborate... https://www.scmp.com/economy/china-economy/article/3352008/china-forges-new-aviation-alliances-fast-track-c929-certification?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3352008/china-forges-new-aviation-alliances-fast-track-c929-certification?utm_source=rss_feed Thu, 30 Apr 2026 09:00:38 +0000 Gloria Tso Gloria Tso Widely regarded as Britain’s most influential fashion designer, the late Vivienne Westwood is often remembered as much for her jewellery as for her clothes. It was 1986 when her now-iconic brand logo, The Orb, was born, inspired by British royal insignia but infused with Westwood’s signature rebellious touch. Today, her version of the royal orb, adorned with the rings of Saturn, is a house staple adorning choker necklaces and other punk jewellery pieces, like talismans representing the... https://www.scmp.com/magazines/style/people/celebrities/article/3352002/vivienne-westwood-jewellery-exhibition-macau-pays-homage-late-designer?utm_source=rss_feed https://www.scmp.com/magazines/style/people/celebrities/article/3352002/vivienne-westwood-jewellery-exhibition-macau-pays-homage-late-designer?utm_source=rss_feed Thu, 30 Apr 2026 08:57:34 +0000 Heiwai Tang Heiwai Tang Geopolitics is reshaping the global trade landscape. The old model of free trade is fracturing as nations retreat into protectionism. Yet, amid this shift, China’s economy remains remarkably resilient. The country is shedding its “world’s factory” label and becoming a technological powerhouse. A massive wave of Chinese enterprises is “going global”. For Hong Kong, this is a defining moment. By drawing up a strategic five-year plan and leveraging its unique institutional advantages under “one... https://www.scmp.com/opinion/hong-kong-opinion/article/3351772/how-hong-kongs-institutional-strengths-can-power-its-five-year-plan?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3351772/how-hong-kongs-institutional-strengths-can-power-its-five-year-plan?utm_source=rss_feed Thu, 30 Apr 2026 01:30:09 +0000 SCMP Editorial SCMP Editorial The upcoming Labour Day “golden week” holiday promises another bonanza for Hong Kong’s tourism and related sectors as the city leverages a string of high-profile attractions – from horse racing days to revamped dining and shopping experiences – to pull in both mainland and overseas visitors. Hopefully, the drive can fine-tune the tourism strategy into one focusing on both quantity and quality. The Immigration Department expects about 980,000 mainland visitors to enter Hong Kong between May 1 and... https://www.scmp.com/opinion/comment/article/3351810/ahead-labour-day-sensible-tweak-hong-kongs-tourism-strategy?utm_source=rss_feed https://www.scmp.com/opinion/comment/article/3351810/ahead-labour-day-sensible-tweak-hong-kongs-tourism-strategy?utm_source=rss_feed Wed, 29 Apr 2026 23:15:07 +0000 Lo Hoi-ying Lo Hoi-ying Guangdong will “actively align” with Hong Kong’s strategy for the Northern Metropolis megaproject and highlight areas of collaboration as part of the province’s 15th five-year plan. The Guangdong provincial government on Tuesday published its development blueprint, with the term “Guangdong-Hong Kong-Macau Greater Bay Area” mentioned 57 times in the document and a chapter dedicated to the region’s development. Its proposal for economic and social development, part of Beijing’s sweeping 2026-2030... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3351893/guangdong-actively-align-hong-kongs-northern-metropolis-push?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3351893/guangdong-actively-align-hong-kongs-northern-metropolis-push?utm_source=rss_feed Wed, 29 Apr 2026 13:15:14 +0000 Enoch Yiu Enoch Yiu Financial officials from Hong Kong and mainland China met on Tuesday to discuss strengthening cross-border connect schemes, according to a statement from the State Administration of Foreign Exchange (SAFE). The meeting between Hong Kong Monetary Authority (HKMA) chief executive Eddie Yue Wai-man and People’s Bank of China (PBOC) deputy governor Zhu Hexin, who is also SAFE administrator, touched on ways to bolster the city’s role as an international financial centre, the statement said. SAFE... https://www.scmp.com/business/banking-finance/article/3351828/hong-kong-mainland-china-officials-meet-bolster-cross-border-connect-schemes?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3351828/hong-kong-mainland-china-officials-meet-bolster-cross-border-connect-schemes?utm_source=rss_feed Wed, 29 Apr 2026 08:33:05 +0000 SCMP Reporter SCMP Reporter Monday night saw the unveiling of the 100 Top Tables Guide 2026, published by the South China Morning Post (SCMP). Now in its 14th year, the publication is an annual independent guide to the best fine dining restaurants and bars in Hong Kong, Macau and the wider Greater Bay Area (GBA), as judged by the SCMP’s dedicated food writers. The new edition features 100 Hong Kong restaurants, 25 distinguished Macau establishments, 10 outstanding restaurants from the GBA, and 25 of the most noteworthy... https://www.scmp.com/lifestyle/100-top-tables/article/3351822/best-restaurants-and-bars-hong-kong-macau-and-gba-revealed?utm_source=rss_feed https://www.scmp.com/lifestyle/100-top-tables/article/3351822/best-restaurants-and-bars-hong-kong-macau-and-gba-revealed?utm_source=rss_feed Wed, 29 Apr 2026 07:58:06 +0000 Matthew Cheng Matthew Cheng Hong Kong singer Hins Cheung has pledged to be a companion rather than a mentor to youngsters arrested during the 2019 anti-government protests during an event organised as part of a youth rehabilitation programme. The sharing session, themed “New Opportunity, New Journey”, was held at the Hong Kong Museum of History on Tuesday night. More than 300 participants attended the event, including youngsters arrested during the protests, as well as university students and members of three neighbourhood... https://www.scmp.com/news/hong-kong/society/article/3351757/hong-kong-star-vows-be-companion-not-mentor-protesters-arrested-2019?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3351757/hong-kong-star-vows-be-companion-not-mentor-protesters-arrested-2019?utm_source=rss_feed Tue, 28 Apr 2026 16:24:26 +0000 Vivian Au Vivian Au Hong Kong’s railway operator has deployed augmented reality (AR) technology to speed up construction of a station on a new link serving the Northern Metropolis megaproject to ensure it opens on time next year. The MTR Corporation said on Tuesday that the power supply had been connected at Kwu Tung station and AR technology had been adopted to hasten progress. “Applying the AR inspection system will allow us to simulate future scenarios and help workers carry out the assembly work accurately and... https://www.scmp.com/news/hong-kong/transport/article/3351747/mtr-corporation-using-ar-technology-fast-track-work-northern-link-station?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3351747/mtr-corporation-using-ar-technology-fast-track-work-northern-link-station?utm_source=rss_feed Tue, 28 Apr 2026 13:10:39 +0000 Ken Chu Ken Chu Last month, Hong Kong completed its first green methanol bunkering operation, a significant step in its efforts to support the decarbonisation of global shipping. As the maritime industry accelerates its transition towards cleaner fuels, this milestone signals Hong Kong’s intent to remain relevant. The global blue economy, defined as the sustainable use of ocean resources for economic growth and environmental health, is gaining urgency. No longer confined to environmental discussions, it is... https://www.scmp.com/opinion/hong-kong-opinion/article/3350737/hong-kong-recalibrates-blue-economy-offers-anchor?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3350737/hong-kong-recalibrates-blue-economy-offers-anchor?utm_source=rss_feed Tue, 28 Apr 2026 01:30:09 +0000 Frank Chen Frank Chen The long-standing rivalry between China’s two largest economic heavyweights – with each boasting a gross domestic product comparable to Group of Seven members Italy and Canada – reflects the regional dynamism and shifting economic gravity within the world’s second-biggest economy. Jiangsu has been threatening to end Guangdong’s uninterrupted reign as China’s largest provincial economy since the late 1980s, and the latest economic data reveals the gap between the two narrowed further in the first... https://www.scmp.com/economy/global-economy/article/3351572/guangdongs-rule-chinas-gdp-king-faces-unprecedented-threat-crown?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3351572/guangdongs-rule-chinas-gdp-king-faces-unprecedented-threat-crown?utm_source=rss_feed Mon, 27 Apr 2026 12:30:14 +0000 Oscar Liu Oscar Liu More than 5,000 Guangdong motorists have been approved to drive into Hong Kong’s urban areas under a southbound travel scheme as of March, while 90 per cent of the 3,500 travellers who booked to visit have stayed for one or two days. The Transport Department said on Sunday that the urban access portion of the Southbound Travel for Guangdong Vehicles arrangement was operating smoothly and had become increasingly popular since its launch near the end of 2025. The scheme currently grants access to... https://www.scmp.com/news/hong-kong/transport/article/3351467/over-5000-guangdong-motorists-sign-hong-kongs-southbound-travel-scheme?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3351467/over-5000-guangdong-motorists-sign-hong-kongs-southbound-travel-scheme?utm_source=rss_feed Sun, 26 Apr 2026 08:01:09 +0000 Letters Letters Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at letters@scmp.com or filling in this Google form. Submissions should not exceed 400 words. Since I moved to China, the world has taken on a different rhythm. A different way of creating. A different relationship with time. I work in the fashion industry, and every day I touch, inspect and evaluate products stamped with “Made in China” – a phrase often printed in small... https://www.scmp.com/opinion/letters/article/3351249/made-china-label-should-be-source-pride?utm_source=rss_feed https://www.scmp.com/opinion/letters/article/3351249/made-china-label-should-be-source-pride?utm_source=rss_feed Sun, 26 Apr 2026 03:20:08 +0000 Enoch Yiu Enoch Yiu Life insurance sales in Hong Kong rose 50.6 per cent to another record last year as affluent customers continued to buy policies in the city for wealth transfer, protection and medical needs. The industry wrote HK$330.9 billion (US$42.2 billion) in new life policies in 2025, compared with HK$219 billion a year earlier, which was also a record, according to data from the Insurance Authority released on Friday. The continuous growth of the business in recent years was due to more wealthy people... https://www.scmp.com/business/banking-finance/article/3351327/life-insurance-sales-hong-kong-hit-record-amid-rise-millionaires?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3351327/life-insurance-sales-hong-kong-hit-record-amid-rise-millionaires?utm_source=rss_feed Fri, 24 Apr 2026 10:00:11 +0000 Kolette Lim Kolette Lim Hong Kong International Airport expects revenue to grow by up to 10 per cent this year despite disruptions from the Iran conflict, with its chief executive aiming to position it as an alternative hub to the Middle East. In a wide-ranging interview with the South China Morning Post on Thursday, Airport Authority Hong Kong CEO Vivian Cheung Kar-fay said flights that had been cancelled due to the conflict – including those by flag carrier Cathay Pacific Airways – were those that were “less... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3351196/hong-kong-airports-revenue-expected-grow-10-despite-mideast-war?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3351196/hong-kong-airports-revenue-expected-grow-10-despite-mideast-war?utm_source=rss_feed Thu, 23 Apr 2026 12:35:35 +0000 Lam Ka-sing Lam Ka-sing A long-awaited cross-border solo travel scheme will allow yachts from Macau and Hong Kong to easily sail to about six designated ports in the western waters off the Greater Bay Area, with the policy to be finalised as early as this summer, the South China Morning Post has learned. A Guangdong provincial government document, seen by the SCMP, also showed several routes that were recommended for leisure, such as the waters off Castle Peak Bay, the Pearl River Delta and Fan Lau Kok of the Lantau... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3351051/travel-scheme-could-allow-hong-kong-macau-yachts-sail-6-greater-bay-area-ports?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3351051/travel-scheme-could-allow-hong-kong-macau-yachts-sail-6-greater-bay-area-ports?utm_source=rss_feed Thu, 23 Apr 2026 00:30:07 +0000 Xinmei Shen Xinmei Shen Hong Kong’s technology cooperation with Shenzhen received a boost on Wednesday as Lenovo Group, the world’s biggest personal computer maker, set up an innovation lab at the city’s new Hetao tech hub and pledged to help firms adopt artificial intelligence and expand globally. Lenovo is the first multinational tech firm to publicly announce its presence on the Hong Kong side of the Hetao zone – the Hong Kong-Shenzhen Innovation and Technology Park (HSITP) – which covers 87 hectares in the city’s... https://www.scmp.com/tech/article/3351020/hong-kong-shenzhen-tech-cooperation-gets-boost-lenovo-ai-lab-hetao-hub?utm_source=rss_feed https://www.scmp.com/tech/article/3351020/hong-kong-shenzhen-tech-cooperation-gets-boost-lenovo-ai-lab-hetao-hub?utm_source=rss_feed Wed, 22 Apr 2026 12:00:10 +0000 Zhu Wenqian Zhu Wenqian The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) announced on Wednesday the joint establishment of the Northern Metropolis Financial Advisory Taskforce, which will explore financing solutions for the development of the city’s flagship project. The Northern Metropolis, a megaproject designed to bolster Hong Kong’s economic base and advance its integration with the Greater Bay Area, will transform 30,000 hectares (74,132 acres) of land near the city’s border... https://www.scmp.com/business/banking-finance/article/3351034/hkma-and-hkab-launch-task-force-hong-kongs-northern-metropolis-financing?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3351034/hkma-and-hkab-launch-task-force-hong-kongs-northern-metropolis-financing?utm_source=rss_feed Wed, 22 Apr 2026 11:52:46 +0000 Cheung Hok-hang Cheung Hok-hang Ahead of Art Basel and the slew of buzzy satellite events that made up Hong Kong art week in March, many international art enthusiasts headed to the He Art Museum in Shunde, over the border in mainland China’s Guangdong province. The private museum was opened in 2020 by the He family, who own Midea Group, the world’s biggest home appliance maker. Housed inside an elegant building designed by Japanese architect Tadao Ando that resembles a stack of discs, the museum has become a regular stop for... https://www.scmp.com/lifestyle/arts/article/3350669/shundes-he-art-museum-pivots-carrying-family-legacy-amplifying-local-voices?utm_source=rss_feed https://www.scmp.com/lifestyle/arts/article/3350669/shundes-he-art-museum-pivots-carrying-family-legacy-amplifying-local-voices?utm_source=rss_feed Tue, 21 Apr 2026 07:15:07 +0000