Project estimated to cost HK$20 billion will be put to competitive public bidding, source says.
Hang Seng Qianhai Fund Management, a joint-venture of Hang Seng Bank and local authorities in Shenzhen Qianhai, is launching more diverse products to capture cross-border opportunities in China.
Hong Kong stocks are likely to rebound from heavy sell-offs in the second half of the year as a potential easing of monetary policy boosts China’s economic recovery, says Hang Seng Qianhai Fund Management.
Hengqin, Nansha, and Qianhai, three special economic zones in the Greater Bay Area, are accelerating their roll-out of preferential tax systems, legal frameworks and streamlined application procedures to encourage more foreign funds to invest, a conference heard.
After years of officials pushing out hawkers in an effort to clean up the street stalls, Shenzhen will allow street vendors to operate from the start of September in designated areas within the city.
Many of the 120,000 insurance agents who suffered during the pandemic are gearing up to serve returning mainland visitors – big spenders on local insurance products. And to tap this business, AIA, Manulife and Prudential plan to hire a total of 10,000 new agents this year.
Chamber of commerce chief predicts ‘sharp rebound’ in economy in 2023 after border reopening announced.
Shenzhen’s Electronic Components and Integrated Circuits International Trading Centre, based in the city’s Qianhai economic zone, has an initial capitalisation of US$304 million.
The platform, set up in the economic zone of Qianhai, is the first trade data platform approved by China’s customs authority.
Readers discuss the opportunities for Hong Kong’s legal sector in the Greater Bay Area and beyond, and the rise of scams as online shopping gains popularity.
Transport chief says the Hong Kong government will explore different funding options to support major projects unveiled in leader’s policy address.
Construction industry insiders welcome major projects, but warn of acute manpower shortage.
Secretary for Justice Paul Lam tells legal forum ‘to make good use of Hong Kong’s unique status under one country, two systems’.
Hong Kong and US stock markets are the top choice of investors over the next 12 months as they believe their valuations have become attractive, an HKIFA survey showed.
Hong Kong and Shenzhen have announced 18 measures for financial firms to set up in Qianhai, as the two cities seek closer collaboration in drawing venture capital to the special economic zone.
The nine measures are aimed at ‘celebrating the 25th anniversary of Hong Kong’s handover to China on July 1’ as zone makes bid for more talent.
Some Hongkongers are trying their luck on the mainland and excited about the opportunities, but for others the idea of integration is ‘unconvincing’.
Hong Kong Exchanges and Clearing acquired the 145-year old London Metal Exchange in 2012, extending its role as a ‘super-connector’ by linking China’s commodity markets with the world. It has not gone according to the script.
Designers involved with cross-border project have waited a year to be reimbursed by the government, sources say.
The scheme, repackaged and expanded from an existing new town plan, is seen as a major strategic change for the city’s development.
Readers discuss the need to seriously address climate change in the policy address, the possible environmental impact of a planned railway line, the implications of of the liaison office chief’s visit to ‘caged homes’, and a US general’s call to China.
Industry players mostly upbeat on extension to Hong Kong-Zhuhai-Macau Bridge, aimed at boosting traffic volumes and connecting city earlier left out of project.
Han Zheng urges the two governments to work towards creating an international centre for legal services and commercial dispute resolution.