https://www.scmp.com/rss/524045/feed Bernard Chan is a prominent Hong Kong businessman and politician with extensive experience in public service and finance. He previously served as Convenor of the Executive Council of Hong Kong (2017-2022) and was a Legislative Council member. Currently, he chairs Asia Financial Holdings and Asia Insurance. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Ada Li Ada Li Hong Kong’s largest trail race, the Oxfam Trailwalker, will open registration for its 2026 edition next Wednesday, with the organiser introducing a 20km category to mark the event’s 50th anniversary. The signature 100km event will once again form the centrepiece for the race, which will take place from November 20 to 22. Teams of four will set off from Pak Tam Chung in Sai Kung and finish at Harrow International School Hong Kong in Tuen Mun, traversing most of the MacLehose Trail and connecting... https://www.scmp.com/sport/outdoor/trail-running/article/3351877/oxfam-trailwalker-introduce-20km-category-mark-events-50th-anniversary?utm_source=rss_feed https://www.scmp.com/sport/outdoor/trail-running/article/3351877/oxfam-trailwalker-introduce-20km-category-mark-events-50th-anniversary?utm_source=rss_feed Wed, 29 Apr 2026 11:07:53 +0000 Sylvia Ma Sylvia Ma As the Iran war fuels global fears of stagflation, a debate is intensifying over whether the crisis poses an immediate risk to China’s sources of external demand or a strategic opening for its exporters. Mirroring the supply chain upheavals of the pandemic era, the crisis has prompted new questions about whether China will be able to leverage its industrial base and supply-side resilience if a prolonged conflict further fractures global supply chains. “China’s economy looks strong on the surface... https://www.scmp.com/economy/china-economy/article/3347606/iran-conflict-prompts-questions-about-chinas-export-power-amid-fractured-supply-chains?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3347606/iran-conflict-prompts-questions-about-chinas-export-power-amid-fractured-supply-chains?utm_source=rss_feed Mon, 23 Mar 2026 13:00:16 +0000 Ambrose Li Ambrose Li Hong Kong will sign a five-year deal with Art Basel by the end of the month in the first such collaboration between the city’s cultural authorities and the premier fair, highlighting the link between financial investment and the development of the sector. Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui said on Monday the collaboration with Art Basel for the next five years was the “result of sustained investment in our role as a global financial centre, collaboration and a shared... https://www.scmp.com/news/hong-kong/society/article/3347598/hong-kong-sign-landmark-art-basel-collaboration-deal?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3347598/hong-kong-sign-landmark-art-basel-collaboration-deal?utm_source=rss_feed Mon, 23 Mar 2026 10:30:34 +0000 Aileen Chuang Aileen Chuang HSBC and a joint venture led by Standard Chartered are expected to be among the first companies to obtain Hong Kong’s stablecoin licences within two weeks, according to people familiar with the matter. The number of licences and timetable had yet to be finalised and remained subject to change, but sources said a possible date was March 24. The two banks declined to comment. The Hong Kong Monetary Authority (HKMA) last month revealed that a small number of stablecoin licences would be granted... https://www.scmp.com/business/cryptocurrency/article/3346311/hong-kong-poised-grant-first-stablecoin-licences-hsbc-standard-chartered-sources?utm_source=rss_feed https://www.scmp.com/business/cryptocurrency/article/3346311/hong-kong-poised-grant-first-stablecoin-licences-hsbc-standard-chartered-sources?utm_source=rss_feed Thu, 12 Mar 2026 09:00:08 +0000 Aidan Jones,Ushar Daniele Aidan Jones,Ushar Daniele A man in a Mercedes drives up to a Bangkok forecourt, cash in hand, ready to buy an electric vehicle he hadn’t planned on owning. Southeast Asia’s EV revolution has found a new accelerant. “He was afraid he wouldn’t be able to fill up his car any more,” said Samart Prakotkancharna, managing director of Ratchapruek P Car Centre in Thailand’s capital, describing the scene that played out on his forecourt. Cash buyers had been streaming in all week, spooked by rising diesel prices and hunting for... https://www.scmp.com/week-asia/lifestyle-culture/article/3345751/iran-war-oil-shock-accelerates-southeast-asias-ev-revolution?utm_source=rss_feed https://www.scmp.com/week-asia/lifestyle-culture/article/3345751/iran-war-oil-shock-accelerates-southeast-asias-ev-revolution?utm_source=rss_feed Sun, 08 Mar 2026 02:00:09 +0000 Denise Tsang Denise Tsang The authority managing Hong Kong’s West Kowloon arts hub has averted a funding crisis after securing a longer-than-usual 10-year loan facility of HK$3 billion, which comes in addition to a US$1 billion (US$383.8 million) bond sale programme announced earlier. The financing would provide a much-needed lifeline to the West Kowloon Cultural District Authority in the coming decade before its residential property development could start to generate income, board chairman Bernard Chan said on... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3343531/hong-kongs-west-kowloon-arts-hub-secures-hk3-billion-10-year-loan-facility?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3343531/hong-kongs-west-kowloon-arts-hub-secures-hk3-billion-10-year-loan-facility?utm_source=rss_feed Fri, 13 Feb 2026 12:56:20 +0000 Ambrose Li Ambrose Li The new head of Hong Kong’s M+ museum has pledged to strengthen cultural exchanges between China and the world while enhancing the city’s global appeal. The remarks from Paulo Pong Kin-yee, who is also board chairman of Ocean Park, on Wednesday aligned with the central government’s 14th five-year plan, which states that Hong Kong should become an East-meets-West centre for global cultural exchange. His appointment as the museum’s board chairman, which took effect on October 9, was announced by... https://www.scmp.com/news/hong-kong/society/article/3330732/new-m-head-vows-boost-china-world-cultural-ties-make-hong-kong-global-arts-hub?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3330732/new-m-head-vows-boost-china-world-cultural-ties-make-hong-kong-global-arts-hub?utm_source=rss_feed Wed, 29 Oct 2025 05:38:45 +0000 Ambrose Li Ambrose Li Beijing’s world-renowned Palace Museum celebrates its centenary this month. In the first of a three-part series to mark the anniversary, Ambrose Li examines how the West Kowloon Cultural District, home to the Hong Kong Palace Museum, can tackle the thorny issue of funding. When Bernard Chan recently took over as the new chairman of the body managing Hong Kong’s premier arts hub, he made his top priority clear: to ensure its cultural facilities were financially sustainable in the long run. It was... https://www.scmp.com/news/hong-kong/society/article/3328160/can-hong-kong-cash-culture-so-arts-hub-museums-pay-themselves?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3328160/can-hong-kong-cash-culture-so-arts-hub-museums-pay-themselves?utm_source=rss_feed Wed, 08 Oct 2025 00:30:13 +0000 SCMP SCMP This story was first published on September 13, 2005. Dazzling start to Disney carnival By Dennis Eng and Ambrose Leung Hailed as an “everlasting carnival” and a multibillion-dollar “strategic investment”, Hong Kong Disneyland was finally inaugurated on Monday (September 12, 2005) with few of the problems and complaints that plagued it during a month of teething troubles. Amid the highest pollution levels of the year, dignitaries including Vice-President Zeng Qinghong and Chief Executive Donald... https://www.scmp.com/news/hong-kong/society/article/3324829/hong-kong-welcomes-mickey-mouse-citys-disneyland-opens-2005-scmp-archive?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3324829/hong-kong-welcomes-mickey-mouse-citys-disneyland-opens-2005-scmp-archive?utm_source=rss_feed Fri, 12 Sep 2025 03:15:09 +0000 Ambrose Li,Olga Wong Ambrose Li,Olga Wong Hong Kong’s leader aims to elevate the city into a “world-class high-end art trading hub” to rival New York under measures to be revealed in his fourth policy address next Wednesday, the Post has learned. Efforts to strengthen the city’s multibillion-dollar art trading industry would include boosting services in financing, insurance and professional training, and designating maintenance and storage spaces in a cultural hub and near the airport, a government source said. The move will align with... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3325252/hong-kong-aiming-become-top-art-trading-hub-rival-new-york-source?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3325252/hong-kong-aiming-become-top-art-trading-hub-rival-new-york-source?utm_source=rss_feed Fri, 12 Sep 2025 02:30:09 +0000 Wynna Wong Wynna Wong New cultural and sports venues have helped to attract visitors, with tourist numbers for August hitting a post-Covid high, but the city needs a “Hong Kong Inc” movement to elevate its brand on the world stage, a forum has heard. Speakers at the Redefining Hong Kong conference on culture, sports and tourism, hosted by the South China Morning Post on Monday, said that the city was still struggling with global brand recognition and faced major financial challenges in sustaining its arts... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3323870/hong-kong-arrivals-surge-12-post-covid-record-515-million-visits-august?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3323870/hong-kong-arrivals-surge-12-post-covid-record-515-million-visits-august?utm_source=rss_feed Mon, 01 Sep 2025 04:58:41 +0000 Connor Mycroft Connor Mycroft More than a dozen CEOs and top-level executives in Hong Kong are taking a crash course in AI with the help of a non-profit to equip them with the skills to help 5,000 secondary school students learn the essentials of the technology. The CEO training on Sunday was a key component of the AI-5000 Initiative, a collaborative effort between Project Melo and Preface, a Hong Kong-based education technology company. The project garnered support from 17 top-level executives and leaders, including M+... https://www.scmp.com/news/hong-kong/education/article/3322154/hong-kong-ceos-get-crash-course-ai-pass-skills-5000-students?utm_source=rss_feed https://www.scmp.com/news/hong-kong/education/article/3322154/hong-kong-ceos-get-crash-course-ai-pass-skills-5000-students?utm_source=rss_feed Sun, 17 Aug 2025 15:47:41 +0000 Ng Kang-chung Ng Kang-chung The League of Social Democrats, one of Hong Kong’s last opposition political parties, has announced it will disband after operating for nearly two decades. The decision was revealed in a press event invite sent out by the political party on Friday. In the document, the group said it would share further details about its plan to disband in the briefing on Sunday. “Next year marks the 20th anniversary of the League of Social Democrats. However, we will not survive to see that day and will announce... https://www.scmp.com/news/hong-kong/politics/article/3316164/hong-kongs-league-social-democrats-disband-after-19-years-opposition?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/article/3316164/hong-kongs-league-social-democrats-disband-after-19-years-opposition?utm_source=rss_feed Fri, 27 Jun 2025 13:23:01 +0000 Connor Mycroft Connor Mycroft America’s outgoing top diplomat in Hong Kong has said he had little opportunity to meet local officials during his tenure, while also noting that the implementation of the national security law five years ago remains a source of friction. But United States Consul General Gregory May’s remarks prompted a rebuttal from the local government on Thursday night, which accused the envoy of “completely disregarding the rule of law” and “deliberately misleading the public with false and biased remarks”... https://www.scmp.com/news/hong-kong/politics/article/3315966/us-envoy-hong-kong-says-little-chance-meet-local-officials-amid-his-tenure?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/article/3315966/us-envoy-hong-kong-says-little-chance-meet-local-officials-amid-his-tenure?utm_source=rss_feed Thu, 26 Jun 2025 11:13:25 +0000