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Greater Bay Area: Business, Property & Tech

Greater Bay Area: Business, Property & Tech
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.
Aerial view of The Headland Residences and the surrounding district. Photo: Handout
Hong Kong property

Hong Kong’s luxury living evolution, from Mid-Levels to Chai Wan

A new wave of residences is redefining luxury on Hong Kong Island, embracing light and elevation, and blending nature and urban life.

Greater Bay Area

Greater Bay Area trails peers in research despite strong tech potential: report

Hong Kong stock market

Hong Kong’s TVB logs US$7.5 million profit, shaking off 7 years of losses

Hong Kong property

SHKP posts another Sierra Sea sell-out as Hong Kong property rebound strengthens

Fifth consecutive sell-out at Sai Sha development shows recovery gathering pace, with analysts forecasting further price increases ahead.

The latest Sierra Sea offering includes 244 two-bedroom and 106 three-bedroom units. Photo: Edmond So
Hong Kong economy

Opinion | With Hetao tech hub, Hong Kong is reimagining its economic future

The city is pivoting towards hi-tech development and greater cross-border integration while committing to innovation ecosystem synergy.

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Greater Bay Area

Hong Kong property prices stabilise as mainland China slump drags on

Hong Kong is drawing cautious interest from buyers, while markets such as Shenzhen remain weighed down by persistent price declines.

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Greater Bay Area

Greater Bay Area hospitals bet resort-like services will pull in global visitors

As Macau diversifies beyond gaming, wellness clinics are emerging as the next big pillar of the Greater Bay Area’s economy.

Illustration by Henry Wong
Wealth management

Hong Kong stands as key beneficiary of China’s continued opening up efforts

That policy brings ‘more innovative hi-tech companies to Hong Kong’, China International Capital Corp’s Zhao Yang says.

China technology

South China’s Greater Bay Area boasts world’s largest innovation cluster

World Intellectual Property Organization based rankings on international patent filings, scientific publications and venture capital deals.

Hong Kong economy

Opinion | Hong Kong must ensure it’s in the engine room financing future tech

Only with purposeful planning and coordinated policies can Hong Kong’s capital markets act as levers for innovation.

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Hong Kong’s stock exchange marked its busiest day of the year on July 9, when five companies made their debuts: semiconductor chip designer Fortior Technology, Lens Technology, Wuhan Dazhong Dental Medical, robotic logistics firm Beijing Geekplus and Beijing Xunzhong Communication. Photo: Aileen Chuang
Artificial intelligence

Hong Kong’s financial centre status gives it an edge in AI market, experts say

SenseTime chief financial officer Wang Zheng says ‘having easy access to capital is extremely important’ for AI companies.

TabbyML co-founder Lucy Gao (left) and SenseTime chief financial officer Wang Zheng highlight the benefits for AI firms in Hong Kong on Tuesday at the SCMP’s China Conference 2025. Photo: Eugene Lee
Insurance

Hong Kong’s insurance market may balloon 55% as Greater Bay Area ages

Gross insurance premium in the city may jump to US$127 billion by 2032, Manulife Financial’s Asia president says.

SCMP Business Awards

Nominations open for SCMP Live’s new 2025 Business Awards

Nominations open today until September 30 in seven categories.

Science

Neurobiologist Wang Jing leaves US to lead institute at China’s Shenzhen Bay Lab

Wang leaves University of California San Diego after 20 years to become director of the laboratory’s Institute of Molecular Physiology.

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Wang Jing’s full-time role at the Greater Bay Area lab marks a new direction in a career that has drawn on his experience in several disciplines, including engineering and biology. Photo: Handout
IPO

Investors lap up soy sauce maker Haitian’s stock in Hong Kong debut

Company exercises an upsize option as its US$1.3 billion listing bolsters the city as the top global IPO venue.

Cheng Xue (right), chairwoman of Foshan Haitian Flavouring & Food Company, after striking the ceremonial gong at the Connect Hall of the Hong Kong stock exchange to mark the trading of her company’s stock on June 19, 2025. Photo: Julie Zhang
China property

The future of retirement for wealthy Hongkongers could be this Zhuhai community

HN Group’s Serensia Woods, a 135,000-square-metre retirement community, is catering to Hong Kong’s ageing population with flats starting at HK$10 million.

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Mainland China

Editorial | Nansha gives bay area tech innovation boost

Guangzhou district will become a pilot zone for high finance and fintech, linking the development zone with global financial markets.

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Insurance

Hong Kong insurers extend Greater Bay Area medical coverage

BOC Life, FWD, Prudential unveil plans as firms see opportunities in ‘silver’ economy and cross-border retirement trend.

People read in Hong Kong Park in Admiralty on March 8, 2025. Photo: Nora Tam
Hong Kong property

Hong Kong’s largest flex-office provider seeks deals with landlords

Partnering with International Workplace Group ‘makes a lot of sense to tap into growing demand for hybrid working’, CEO says.

Greater Bay Area

Hong Kong supporting European business collaboration surge in Qianhai

Escalating US-China trade war has resulted in European business chambers seeking out opportunities in the Greater Bay Area.

Greater Bay Area

Macau’s most opulent lodging, The 13 Hotel and Casino, up for sale again

The 22-storey luxury property in Macau’s Coloane district was estimated last year to be worth US$309 million.

The striking red facade of The 13 Hotel and Casino. Photo: Handout
Two Sessions 2025

Editorial | Opportunities knock for Hong Kong with role in national development

City’s unique strengths mean it can take lead on international cooperation and exchanges while also benefiting from Beijing’s economic moves.

Zheng Yanxiong, director of the Hong Kong Liaison Office, attends the Hong Kong delegation group meeting at The Third Session of the 14th National People’s Congress of China in Beijing on March 7. Photo: EPA-EFE
Hong Kong housing

Editorial | Hong Kong website helps hunt for property in Greater Bay Area

A solution for house hunting headaches in Greater Bay Area is sign of closer collaboration between Hong Kong and Guangdong province.

Consumer protection in Hong Kong

Hong Kong’s consumer watchdog launches Greater Bay Area property portal

New website offers buyers and renters one-stop platform with up-to-date information, Consumer Council says.

Banking & finance

HSBC unveils 25-storey tower in Qianhai to drive cross-border collaboration

The bank says it sees ‘huge potential for economic and trade cooperation between Guangdong and Hong Kong’.

HSBC’s HyQ office tower in Qianhai. Photo: Handout
Bonds

Hong Kong and Macau link bond systems to create larger market

Four new bond issuances worth 3.2 billion patacas (US$401 million), plus 18 secondary-market transactions, settled on first day of linkage.

A general view of Sai Van Bridge and Taipa in Macau on 28 September 2024. Photo: Eugene Lee
China property

More foreign property investors are likely to sell Greater Bay Area assets

Analysts attributed the expected sales to escalating geopolitical tensions and lower investment yields.

Macau

Wynn looks to Vegas to help revamp Macau’s US$28 billion casino economy

Macau seeks to source 60 per cent of its revenues from non-gaming sectors by 2028, from 20 per cent at present.

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