Hong Kong is ambitious about helping create the "enterprises of tomorrow", Financial Secretary Paul Chan said on Tuesday in amplifying the pivotal role the Northern Metropolis would play in realising this vision. That came as he told investors at the Global Financial Leaders' Investment Summit in Central about the dedication that investors can expect of Hong Kong to strengthening its contribution to innovation. “Our ambition is not only to finance businesses created elsewhere, but also to help create the enterprises of tomorrow,” Chan said. “The Northern Metropolis is central to this effort. "It will bring universities, research facilities and technology enterprises closer together, linking education, technology and talent more closely with industry.” The mega development project in the northern New Territories would, Chan said, serve as a base for closer ties with other Greater Bay Area cities, allowing Hong Kong to draw on their strengths in commercialisation, engineering and advanced manufacturing. Hong Kong was eager to pair promising businesses with capital and partners, as well as give investors trusted pathways into unfamiliar sectors and economies, he added. Hong Kong had, Chan pointed out, also taken steps to widen its connections with various economies and broaden asset classes in various regions. “In Southeast Asia, we are welcoming more enterprises...
Read full articleThe opening of Hong Kong’s first predominantly Chinese medicine-led hospital last December is a milestone for the city’s healthcare system. The Chinese Medicine Hospital of Hong Kong (CMHHK), in addition to providing pure Chinese medicine services, represents the first time patients are able to receive treatment plans led by that system of healing – while also factoring in expertise from Western medical perspectives where appropriate. By leveraging Hong Kong’s role as an international gateway to...
New owners at Willow Springs in California have major plans for the once spartan track, hoping to lure expensive supercars and their wealthy drivers.
The annual Christmas collection of five stamps feature scenes from the Nativity.
China's central bank to raise forex reserve requirement ratio for financial institutions
Shanghai Disney Resort to open third themed hotel in December
Shanghai Disney Resort to open third themed hotel in December
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Economist William Nordhaus said putting a price on pollution was the best way to reduce climate change. Then came the fossil fuel lobby and the anti-tax movement.
Not long ago, Cinéma La Clef, one of Paris’s most historic independent cinemas, faced closure. Founded in the 1970s, the movie theatre was an epicentre for the city’s art-house filmmaking yet its owners decided to put it up for sale in 2018 and the end credits seemed nigh. But then the film world responded, vocally and with their money. The result? A newly formed collective acquired La Clef in 2024 and earlier this year it was reopened. “Independent cinemas like this one have always been...
The Chicken Egg Boy shop in Sheung Wan is even more crowded than normal. It almost always has fans patiently queuing for a funky egg waffle with a twist, but on this early autumn afternoon, the influencers and media are here to try a new creation. Shop founder Natalie Lau has combined a trifecta of Hong Kong snacks into one parcel: an egg waffle with a pineapple bun top and char siu pork stuffed into each of the egg panels. As part of the promotion, a costumed mascot version of Stephen Chow...
The Yale professor moved climate change into mainstream economic analysis.
States like Saudi Arabia and the United Arab Emirates that have worked to rebalance from a dependence on energy have seen growth plunge in a year of strife.