What's New

Public Health Response Plan Activated

Hong Kong health authorities continue to monitor developments regarding the emergence of an outbreak of respiratory illness caused by a novel coronavirus. A dedicated webpage has been set up to provide relevant information and health advice. Details here.

Financial Secretary uses budget to promote economic diversification, boost pillar industries and foster talent

The Financial Secretary, Mr. Paul Chan, in his 2020-21 Budget, announced a wide range of measures to help Hong Kong tackle the current economic difficulties and to strengthen Hong Kong’s pillar industries while identifying new growth engines among emerging sectors. Details here.

Bloomberg

The Strategic Logistics Hub in the Heart of Asia

Strategically located in the heart of Asia, Hong Kong has long served as the premier hub of professional capabilities for Mainland China and Asia Pacific as a whole.

Home to one of the most services-orientated economies in the world, Hong Kong has a full range of business services to support the growth of all economic sectors from legal to technology and innovation, making up over 93% of GDP. Over the past several decades, it has developed unparalleled talent across a range of business needs. This is especially true for the logistics and transport sectors, unsurprising given that Hong Kong’s air cargo and container ports are among the busiest in the world. Details here.

The Economist

Hong Kong: Asia’s Green Finance Hub

We spoke to experts from the private and public sectors in both Asia and Hong Kong on how Hong Kong is developing a green finance ecosystem and hub.

Click here for more.

Gov't rejects credit rating

The Hong Kong Special Administrative Region Government expressed deep disappointment with Moody's Investors Service’s decision to downgrade Hong Kong's credit rating.

Click here for more.

HK financial market stable

Financial Secretary Paul Chan
The challenges, for Hong Kong, are as much local as they are global. I know many of you are concerned about the recent social unrest here in Hong Kong, about whether it is affecting our financial market and whether there has been outflow of funds.

Click here for more.

Gov’t strongly opposes US report

The Hong Kong Special Administrative Region Government reiterated that foreign governments should not interfere in the city’s internal affairs.

Click here for more.

IMF acknowledges Hong Kong's robust policy frameworks and ample buffers for addressing economic challenges and safeguarding financial stability

Financial Secretary Paul Chan hailed the International Monetary Fund's latest report which acknowledges Hong Kong’s robust policy frameworks and buffers for addressing economic challenges and safeguarding financial stability.

Click here for more.

More