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Market Information

  • Luxury expo to debut in HK
    The Festival of Connoisseurs, an international flagship exhibition showcasing superyachts and premium lifestyles, will debut in Hong Kong in November with the support of the Commerce and Economic Development Bureau (CEDB).   The event will feature premium lifestyle products – from superyachts and supercars to high-end jewellery – by bringing together leading international and Mainland…
  • CE meets UGC members
    Chief Executive John Lee today met the University Grants Committee (UGC) to exchange views on the latest developments in Hong Kong’s higher education sector.   The discussion focused on several key areas, including strengthening the integration of industry, academia and research through the Northern Metropolis University Town Area development. The meeting also covered building Hong…
  • 3rd InnoHK research cluster launched
    The Innovation & Technology Commission today held a launch ceremony for the third InnoHK research cluster, SEAM@InnoHK, which focuses on four frontier technology fields: sustainable development, energy, advanced manufacturing and materials.   Eight research centres have been approved for admission to SEAM@InnoHK, receiving total government funding support of around $2.5 billion. Led by renowned local…
  • Three logistics solutions approved
    The Government today announced a first batch of three preapproved information technology onboarding solutions under the Future Innovative Logistics Acceleration Scheme.   Eligible third-party logistics service providers can now apply for funding support in subscribing to or using these solutions. Individual enterprises can receive funding support of up to $2million.   Twenty-six applications were received…
  • IRD enhances eTAX services
    The Inland Revenue Department (IRD) has accepted all recommendations from the Office of The Ombudsman regarding the submission of electronic tax returns by members of the public, waiving relevant penalties and launching new safeguards.   The Ombudsman today released a direct investigation report on the unsuccessful delivery of electronic tax returns submitted by members of…
  • July retail sales up 4.5%
    The total value of retail sales in July, provisionally estimated at $31 billion, was up 4.5% compared with the same month a year earlier, the Census & Statistics Department said today.   After netting out the effect of price changes over the same period, the provisional estimate of the volume of total retail sales represents…
  • Inland Revenue Department responds to Ombudsman’s direct investigation report on “Unsuccessful Delivery of Electronic Tax Returns Submitted by Members of the Public to Inland Revenue Department”
  • AI-powered 1823 upgrades
    The Digital Policy Office (DPO) has announced the launch of four AI Efficacy Enhancement Projects, an initiative led by the AI Efficacy Enhancement Team to upgrade 1823 public services.   Among these is Call Assistant, which leverages speech recognition technology and large language models (LLMs) to transcribe phone conversations on designated topics in real time, automatically…
  • CE visits Sham Shui Po
    Chief Executive John Lee today toured a public housing estate, an elderly centre and the 1823 Contact Centre in Sham Shui Po District to hear the public’s views ahead of the 2026 Policy Address.    During his visit to Un Chau Estate, Mr Lee met an elderly resident to learn about her experience with ambulatory…
  • HK 5-Year Plan out Sept 16
    Chief Executive John Lee today said that the Hong Kong Special Administrative Region’s First Five-Year Plan for Economic and Social Development (2026-2030) and the 2026 Policy Address will be released on September 16.   Mr Lee noted that releasing the Policy Address immediately after the announcement of Hong Kong’s First Five-Year Plan aims to help…
  • HK-Peru pact effective Sept 1
    The Trade & Industry Department announced today that the Free Trade Agreement (FPA) signed between Hong Kong and Peru will enter into force on September 1.   Speaking on the announcement, Secretary for Commerce & Economic Development Algernon Yau noted that the FTA will provide a favourable platform for Hong Kong’s traders and investors to…
  • Inland Revenue Department alerts public not to download eTAX Mobile Application from any unofficial channels
  • Media co-operation MOU signed
    The Information Services Department (ISD) today signed a Memorandum of Understanding on Co-operation (MOU) with the Asia-Pacific Broadcasting Union (ABU) to strengthen media collaboration and showcase Hong Kong’s achievements globally.   The Director of Information Services John Tse, and ABU Secretary-General Ahmed Nadeem signed the agreement. This marks the first MOU that the ISD has…
  • SJ bound for Central Asia
    Secretary for Justice Paul Lam will lead a 40-member cross-professional delegation to Xinjiang, Kazakhstan and Uzbekistan tomorrow to strengthen legal and professional service co-operation.   Co-organised with the Hong Kong Trade Development Council (HKTDC), the visit aims to promote Hong Kong’s roles as a bridge between the Chinese Mainland and the global market, showcasing its…
  • Inflation at 1.7% in July
    Overall consumer prices rose 1.7% in July year on year, a smaller increase than the 2% rise recorded in June, the Census & Statistics Department announced today.   Netting out the effects of the Government’s one-off relief measures, the underlying inflation rate was 1.9% in July, unchanged from the previous month.   Compared to July…
  • HK as top preferred service platform
    A new survey by the Hong Kong Trade Development Council revealed that Hong Kong has been the top favourite springboard for Mainland enterprises in exploring overseas opportunities, with 83% of surveyed enterprises regarded the city as their preferred service platform.   The trend of strong global expansion plans among Mainland firms underscored earlier in June…
  • Govt welcomes country’s support
    The National Financial Regulatory Administration (NFRA) today announced that it will actively support Mainland insurance funds to participate in mutual access schemes between the Mainland and Hong Kong financial markets. The move will allow Mainland insurance institutions to invest in exchange-traded funds (ETFs) in Hong Kong through Stock Connect.   Secretary for Financial Services &…
  • Land exchange open for applications
    The Lands Department today issued Practice Note No. 8/2026 inviting in-situ land exchange applications for designated development sites within the San Tin Technopole.   The land exchange arrangement covers approximately 17.7 hectares of land planned for private residential development, about 7.5 hectares for mixed residential and commercial use, and around 8.8 hectares of modern industry sites…
  • Govt’s efficacy enhancement set
    The Government today announced that the AI Efficacy Enhancement Team has facilitated and implemented its first batch of 30 Efficacy Enhancement Projects. The initiatives are being rolled out in phases starting from mid-2026.   Led by Deputy Chief Secretary Cheuk Wing-hing, the team was established following the 2025 Policy Address to co-ordinate and steer departments…
  • Building smarter, faster in Hong Kong
    Facing a chronic labour shortage and soaring construction costs, Hong Kong’s infrastructure sector is turning to advanced materials, technical innovation and standardised quality assurance to speed up constructions works.   Leading this effort is the Building Technology Research Institute (BTRi), established in August 2024 and wholly owned by the Financial Secretary Incorporated. Since its inception,…