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Secretary for Innovation, Technology & Industry Prof Sun Dong visited Shanghai Jiao Tong University (SJTU) today.   In the morning, Prof Sun toured the university’s GrandneoBay Sci-tech Innovation Park and the 1km Incubator exhibition hall.   Prof Sun received a briefing on the construction and development plans of this new research and development (R&D) platform…

Chief Executive John Lee today met another visiting senior official of a foreign government who was one of the speakers at the 18th Asia Financial Forum.   Mr Lee met Chairman of the Cabinet of Ministers – Head of the Presidential Administration of the Kyrgyz Republic Adylbek Kasymaliev this afternoon.   The Chief Executive pointed…

The 18th Asian Financial Forum (AFF) continued today at the Convention & Exhibition Centre with a keynote luncheon on the development, application and governance of artificial intelligence (AI).   Prof Stuart Russell, Co-chair of the World Economic Forum’s Council on AI, delivered a keynote speech, sharing his insights on how AI could become a new…

The first-ever Gulf Cooperation Council (GCC) Chapter was successfully held at the Asian Financial Forum today to explore further collaboration between Hong Kong and the GCC countries in the financial services sector.   Secretary for Financial Services & the Treasury Christopher Hui and GCC Secretary-General Jasem Mohamed Albudaiwi gave keynote remarks at the GCC-dedicated session, followed…

From January 15, Hong Kong Special Administrative Region passport holders can apply for a tourist visa upon arrival through six designated control points in Saudi Arabia, the Immigration Department announced today.   The tourist visa can be either a single-entry visa for a maximum stay of 30 days, or a multiple-entry visa for a maximum…

The 18th Asian Financial Forum (AFF) opened today with the theme of “Powering the Next Growth Engine” to explore ways to achieve breakthroughs in a time of change.   Co-organised by the Hong Kong Special Administrative Region Government and the Trade Development Council, the two-day forum has attracted about 3,600 participants from around 50 countries…

Secretary for Innovation, Technology & Industry Prof Sun Dong began his visit to Shanghai and Suzhou today.   In the morning, Prof Sun visited the Shanghai Artificial Intelligence Laboratory, where he was briefed on the construction of this national laboratory’s permanent base, its research frontiers and core technological breakthroughs, to learn about its support in…

The 18th Asian Financial Forum (AFF), co-organised by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council (HKTDC), opened at the Convention & Exhibition Centre today.    Themed “Powering the Next Growth Engine”, about 3,600 financial and business elites from over 50 countries and regions will explore how to ignite…

We have been witnessing a rapidly changing global political and economic landscape. Higher for longer interest rates, geopolitical tensions, regional conflicts and climate change are expected to pose more uncertainty and volatility in the global economy and financial markets. Clearly, the seat belt sign is on, and we must navigate our path with caution and…

Good morning. Welcome to Hong Kong and the 18th Asian Financial Forum.   I am delighted to join you today – some 3,600 of you from more than 50 countries and regions. You are influential financial and business leaders, investors and entrepreneurs, senior policymakers, academics, economists, and a great many other prominent specialists. And you…

Secretary for Innovation, Technology & Industry Prof Sun Dong will depart for a visit to Shanghai and Suzhou today to strengthen Hong Kong’s co-operation in innovation and technology (I&T) with such cities.     As part of his agenda, he will inspect the construction and development of science and technology parks in Shanghai and Suzhou, and…

To introduce to the people of the Middle East the unique potential for business, investment and tourism in Hong Kong, the Information Services Department (ISD) has staged the “Immersive Hong Kong” roving exhibition in Dubai, United Arab Emirates (UAE), during the year-end festive season, attracting over 200,000 visitors to experience the appeal and vibrancy of…

The Tourism Strategy Committee held its third meeting today to discuss the newly announced Development Blueprint for Hong Kong’s Tourism Industry 2.0 (Blueprint 2.0) and Blueprint for Arts & Culture & Creative Industries Development.   Secretary for Culture, Sports & Tourism Rosanna Law, who chairs the committee, said the two blueprints have further demonstrated the…

The International Monetary Fund (IMF) recognised Hong Kong’s position as an international financial centre and fiscal consolidation path in its concluding statement released today.   The IMF Staff Mission published its assessment on the concluding statement after the completion of the 2024 Article IV Consultation with the Hong Kong Special Administrative Region.   The mission…

Financial Secretary Paul Chan today met Ambassador Extraordinary & Plenipotentiary of the People’s Republic of China to the Association of Southeast Asian Nations (ASEAN) Hou Yanqi, and an ASEAN top official in Jakarta.   In the morning, Mr Chan called on Ms Hou to learn about the connections and co-operation between the country and ASEAN…

Financial Secretary Paul Chan promoted Hong Kong’s advantages and opportunities at a symposium attended by local leaders from various sectors on the first day of a visit to Jakarta, Indonesia.   At the Think Business, Think Hong Kong Symposium, organised by the Hong Kong Trade Development Council (HKTDC), Mr Chan addressed over 1,500 leaders from…

With the commissioning of the Kai Tak Sports Park (KTSP), more large-scale concerts bringing significant economic benefits can be held in Hong Kong, Secretary for Culture, Sports & Tourism Rosanna Law said today.   Replying to questions from legislator Chow Man-kong in the Legislative Council, Miss Law outlined that an average of about 15 large-scale…

The Government welcomed the Legislative Council’s passage of the Companies (Amendment) Bill 2024 today to enable listed companies incorporated in Hong Kong to hold shares bought back in the treasury and dispose of them under certain restrictions, and promote paperless corporate communication for both listed and unlisted Hong Kong companies.   Secretary for Financial Services…