In the last of a four-part series, Eric Ng and Martin Choi look at efforts to ignite a local hydrogen economy in Hong Kong.
Hong Kong’s monetary authority plans to sign an agreement with the Chinese central bank to find ways to enhance cross-border remittance services to make it easier for Hongkongers who work or retire on the mainland.
The partnerships with 11 firms in sectors ranging from AI to new energy vehicles will help the city’s efforts to become an innovation and technology hub, minister says.
‘I usually don’t go shopping when I visit Hong Kong now because prices on the mainland are lower,’ says tourist wanting limit of HK$30,000.
The 256-gigabyte basic model sells for roughly US$550 more on the mainland than in Hong Kong.
Road link to open on Sunday, as Hong Kong tourism sector eyes opportunities of shorter trips across Pearl River Delta.
The proceeds from new listings are down 35 per cent from a year ago and the lowest since the first half of 2003 when the Sars virus derailed the city’s markets.
Hong Kong’s two cruise terminals have still to recover from Covid-related lockdown.
Finance chief Paul Chan says Hong Kong can offer attractive career development opportunities and a good place to settle down, among other perks.
Limit raised from HK$5,400 to HK$16,100 if visitors buy goods at duty-free stores at border crossings, or HK$12,900 for other shopping.
The HKIC will use its initial corpus of HK$62 billion (US$8 billion) to support innovative start-ups, enhance economic growth and generate returns for the government.
Finance chief set to visit Australia in September to promote the city and says government’s investment arm is screening 100 potential firms.
Hong Kong Happy Shopping Festival holds launch event on Thursday, with promised sweeteners including free food, discounts, among other perks.
The Post lists new Airport Authority measures to be introduced starting from Tuesday, covering check-in to boarding of flights.
Clipper Stad Amsterdam set sail from the Netherlands capital last August and arrives in Asia for the first time in its 25-year history.
Industry representatives hope limit will be increased to 30,000 yuan but insider says it could even be under 20,000.
Singapore medical device maker E3A Healthcare and Vietnam’s Smartos, which provides a property management platform, among firms setting up shop in Hong Kong.
City makes largest jump among 173 cities in ranking, thanks to stability and healthcare improvements.
The US tech giant has been offering eligible Hong Kong customers access to OpenAI tools such as ChatGPT since last year.
Lee also points to city’s tax system as an advantage, with investors able to ‘take home’ earnings without paying dividend or capital gains taxes.
City will also continue to fight ‘a serious disinformation campaign’ orchestrated by the West, chief executive says.