In an effort to promote Hong Kong’s unique advantages and vast opportunities for businesses in France, Secretary for Commerce & Economic Development Algernon began his visit to the country yesterday by touring a global aeronautic services company in Toulouse.
Mr Yau met Elior Group SA Group Chairman and Chief Executive Officer Daniel Derichebourg to learn about the company’s latest developments.
They also exchanged views on promoting closer business collaboration between Hong Kong and France.
With the assistance of Invest Hong Kong, Elior Group SA has recently set up an Asian headquarters and expanded its presence in Hong Kong.
Earlier this year, the company signed a memorandum of understanding with the Airport Authority to explore the possibility of providing professional services such as aircraft dismantling, parts recycling and related training in Hong Kong, thereby helping Hong Kong develop into the first aircraft parts processing and trading centre in Asia.
Mr Yau pointed out that Hong Kong and France have long-standing business relations and many companies in Hong Kong with parent companies located in France are internationally renowned enterprises.
He added that with the distinct advantages under “one country, two systems”, Hong Kong is the premier destination for enterprises around the globe to set up or expand their businesses.
The commerce chief also highlighted that he believes the co-operation between the company and various stakeholders in Hong Kong will help unleash market potential and create new opportunities, leveraging Hong Kong’s advantages as a business and investment hub, and its role as a springboard to the Mainland, markets in Asia and beyond.
Furthermore, Mr Yau toured the Derichebourg Aeronautics Training Center and the Airbus assembly lines respectively to learn about the latest advancements in related aeronautic training, aircraft manufacturing and sustainable aviation development.
Source: Hong Kong Government special administrative region
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced today (June 19) that a tender of 3-year HKD Government Bonds (Bonds) through the re-opening of existing 3-year Government Bond issue 03GB2804001 under the Infrastructure Bond Programme will be held on Wednesday, June 25, 2025, for settlement on Thursday, June 26, 2025.
An additional amount of HK$1.25 billion of the outstanding 3-year Bonds (issue no. 03GB2804001) will be on offer. The Bonds will mature on April 25, 2028 and will carry interest at the rate of 2.76 per cent per annum payable semi-annually in arrear. The Indicative Pricings of the Bonds on June 19, 2025 are 102.45 with an annualised yield of 1.882 per cent.
Tender is open only to Primary Dealers appointed under the Infrastructure Bond Programme. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the latest published list, which can be obtained from the Hong Kong Government Bonds website at www.hkgb.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof.
Tender results will be published on the HKMA’s website, the Hong Kong Government Bonds website, Bloomberg (GBHK ) and Refinitiv (IBPGSBPINDEX). The publication time is expected to be no later than 3pm on the tender day.
HKSAR Institutional Government Bonds Tender Information
Tender information of re-opening of 3-year HKD HKSAR Institutional Government Bonds:
Issue Number
:
03GB2804001
Stock Code
:
4291 (HKGB 2.76 2804)
Tender Date and Time
:
Wednesday, June 25, 2025
9.30am to 10.30am
Issue and Settlement Date
:
Thursday, June 26, 2025
Amount on Offer
:
HK$1.25 billion
Maturity
:
3 years
Remaining maturity
:
Approximately 2.83 years
Maturity Date
:
Tuesday, April 25, 2028
Interest Rate
:
2.76 per cent p.a. payable semi-annually in arrear
Interest Payment Dates
:
April 25 and October 25 in each year, commencing on the Issue Date up to and including the Maturity Date, subject to adjustment in accordance with the terms of the Institutional Issuances Information Memorandum of the Infrastructure Bond Programme and Government Sustainable Bond Programme (Information Memorandum) published on the Hong Kong Government Bonds website.
Method of Tender
:
Competitive tender
Tender Amount
:
Each competitive tender must be for an amount of HK$50,000 or integral multiples thereof. Any tender applications for the Bonds must be submitted through a Primary Dealer on the latest published list.
The accrued interest to be paid by successful bidders on the issue date (June 26, 2025) for the tender amount is 234.41 per minimum denomination of HK$50,000.
(The accrued interest to be paid for tender amount exceeding HK$50,000 may not be exactly equal to the figures calculated from the accrued interest per minimum denomination of HK$50,000 due to rounding).
Other Details
:
Please see the Information Memorandum available on the Hong Kong Government Bonds website or approach Primary Dealers.
Expected commencement date of dealing on
the Stock Exchange
of Hong Kong Limited
:
The tender amount is fully fungible with the existing 03GB2804001 (Stock code: 4291) listed on the Stock Exchange of Hong Kong.
Use of Proceeds
:
The Bonds will be issued under the institutional part of the Infrastructure Bond Programme. Proceeds will be invested in infrastructure projects in accordance with the Infrastructure Bond Framework published on the Hong Kong Government Bonds website.
Source: Hong Kong Government special administrative region
The Secretary for Commerce and Economic Development, Mr Algernon Yau, began his visit to France on June 18 (France time) to promote Hong Kong’s unique advantages and vast opportunities for businesses.
　
Mr Yau first visited Toulouse and met with the Group Chairman and Chief Executive Officer of Elior Group SA, Mr Daniel Derichebourg, to learn about the company’s latest developments and exchange views on promoting closer business collaboration between Hong Kong and France. Elior Group SA is a global aeronautic services company, which is part of Derichebourg SA, a leading business in Europe.
With the assistance of Invest Hong Kong, Elior Group SA has recently set up an Asian headquarters and expanded its presence in Hong Kong. The company early this year signed a Memorandum of Understanding with the Airport Authority Hong Kong to explore the possibility of providing professional services such as aircraft dismantling, parts recycling and related training in Hong Kong, thereby helping Hong Kong develop into the first aircraft parts processing and trading centre in Asia.
　　
Mr Yau said that Hong Kong and France have long-standing business relations and many companies in Hong Kong with parent companies located in France are internationally renowned enterprises. With the distinct advantages under “one country, two systems”, Hong Kong is the premier destination for enterprises around the globe to set up or expand their businesses. He believes that the co-operation between the company and various stakeholders in Hong Kong will help unleash market potential and create new opportunities, leveraging Hong Kong’s advantages as a business and investment hub, and its role as a springboard to the Mainland, markets in Asia and beyond.
　　
Meanwhile, Mr Yau took the opportunity to visit the Derichebourg Aeronautics Training Center and the Airbus assembly lines respectively to learn about the latest advancements in related aeronautic training, aircraft manufacturing and sustainable aviation development.
　　
Mr Yau will proceed to Bordeaux on June 19 (France time).
Secretary for Financial Services & the Treasury Christopher Hui today attended a seminar in Shanghai discussing the collaborative development of the Shanghai and Hong Kong international financial centres.
A 2025 Lujiazui Forum event, the seminar featured a research report, “Synergistic Development of Shanghai & Hong Kong as International Financial Centres in the New Era”, jointly released by the Hong Kong Financial Services Development Council and the Shanghai Research Center for Financial Stability & Development.
Addressing the seminar, Mr Hui highlighted that Hong Kong and Shanghai are unlocking many more new opportunities for collaborative development, with their positions as the country’s “dual engine” financial centres, providing strong support for the country’s “dual circulation” strategy.
On Wednesday, the treasury chief attended the Lujiazui Forum opening ceremony and plenary session.
Speaking at the fourth plenary session titled “Deepening the Cooperation between Shanghai & Hong Kong as International Financial Centers”, Mr Hui said the mutual-market access between financial markets on the Mainland and Hong Kong has been expanding in scope and capacity.
The programmes enhance not only the product offering for domestic and foreign investors but also the attraction for more capital influx into the capital markets of the two places, promoting long-term development of the markets.
“In future, we anticipate closer collaboration with Shanghai in areas such as financial innovation and green finance to achieve synergy effects.”
On Monday morning, Mr Hui signed the Action Plan for Collaborative Development of Shanghai & Hong Kong International Financial Centres, on behalf of the Hong Kong Special Administrative Region Government, with Shanghai.
The action plan covers various measures to promote collaborative development, including supporting Mainland banks and financial institutions headquartered in Shanghai to set up regional headquarters in Hong Kong, and pressing ahead with the linkage of the Faster Payment System in Hong Kong with the Internet Banking Payment System on the Mainland.
During his two-day trip to Shanghai, Mr Hui also visited the Shanghai Gold Exchange, the Shanghai Clearing House and the Shanghai Futures Exchange, and met Bank of China (Hong Kong) Deputy Chief Executive Wang Huabin and Bank of Communications President Zhang Baojiang.
During these engagements, discussioins were held to explore the opportunities and models for co-operation.
Source: Hong Kong Government special administrative region
Sai Wan Ho Civic Centre to hold fun day this weekend to celebrate reopening
The Leisure and Cultural Services Department will present the Fun Day of Sai Wan Ho Civic Centre (SWHCC) from 1pm to 5.30pm on June 21 (Saturday) and 22 (Sunday) to celebrate the reopening of SWHCC after renovation and improvement works. Members of the public are welcome to join. An array of programmes blending Chinese and Western cultures, with youth and community engagement as highlights, will be held at the Fun Day. Programmes include a lion dance performance by the acclaimed dragon and lion dance team of the Buddhist Ho Nam Kam Secondary School, an exhilarating Chinese drum performance by the Hong Kong Drum Ensemble, a street dance and busking performance by the Youth Outreach’s School of Hip Hop, and a performance of various styles of jazz music by young musicians from the group Fountain de Chopin. Young musicians curated by the Hong Kong Federation of Youth Groups and the Boys’ & Girls’ Clubs Association of Hong Kong will also stage performances of diverse music pieces. Moreover, the ceremony of the Fun Day will be held at the Theatre of SWHCC at 1pm on June 22, with exciting lion dance and majestic Chinese drum performances for public enjoyment. A number of workshops will also be available at the Fun Day, including the “One Day in the Theatre” workshop by the Absolutely Fabulous Theatre Connection (AFTEC), the venue partner of SWHCC, for participants to try being an actor or working backstage in a theatre setting, and 19/06/2025, 11:27 Sai Wan Ho Civic Centre to hold fun day this weekend to celebrate reopening (with photos) https://www.info.gov.hk/gia/general/202506/19/P2025061900251p.htm#:~:text=The Leisure and Cultural Services,after renovation and improvement works. 1/2 to take part in a showcase performance on the same day. Furthermore, the AFTEC will present the “Re-imagine Theatre” exhibition at the foyer of SWHCC from June 21, guiding audiences into the world of theatrical plays as the protagonists’ companions. On June 21, a stage tour will be available for members of the public at the Theatre of SWHCC to introduce participants to the new and advanced stage equipment and facilities after the renovation of SWHCC and to learn about the operations behind the scenes in a stage production. Admission is free. For details, please visit www.lcsd.gov.hk/en/swhcc/aboutus/funday.html . Ends/Thursday, June 19, 2025 Issued at HKT 12:30 NNNN
Source: Hong Kong Government special administrative region
Appeal for information on missing man in Tsing Yi
Police today (June 19) appealed to the public for information on a man who went missing in Tsing Yi.
Cheng Tik-lun, aged 28, went missing after he left his residence in Hong Wah House, Cheung Hong Estate on June 9 afternoon. His family made a report to Police on June 16.
He is about 1.65 metres tall, around 59 kilograms in weight and of thin build. He has a long face with yellow complexion and short black hair. He was last seen in unknown clothing.
Anyone who knows the whereabouts of the missing man or may have seen him is urged to contact the Regional Missing Persons Unit of New Territories South on 3661 1173 or 9078 1880 or email to rmpu-nts-2@police.gov.hk, or contact any police station.
The Education Bureau today said today that it is encouraged that universities funded by the University Grants Committee (UGC) continue to hold top spots in the latest World University Rankings, which are published by Quacquarelli Symonds (QS), an international higher education organisation.
The bureau highlighted that five UGC-funded universities stayed in the world’s top 100 in the World University Ranking 2026, making Hong Kong the place with the highest concentration of top-ranked universities globally.
It said the rankings reflect not only the unremitting efforts and continuous pursuit of excellence of Hong Kong’s higher education institutions but also the Government’s long-term commitment to investing in education.
The University of Hong Kong rose six places to 11th globally in the latest rankings, while the Chinese University of Hong Kong climbed four spots to 32nd, and the Hong Kong University of Science & Technology advanced three positions to 44th.
The Hong Kong Polytechnic University and City University of Hong Kong also achieved outstanding results, ranking 54th and 63rd respectively.
The bureau said the Government will do its utmost to provide assistance and convenience to overseas talent interested in studying or conducting research at higher education institutions in Hong Kong, and will strive to further expand the non-local student quota. It added that the Government will continue to promote internationalisation and diversified development in the eight UGC-funded universities.
Furthermore, it outlined that the Government strives both to attract talent from around the world and nurture local talent through various initiatives such as scholarship programmes, thereby leveraging Hong Kong’s strengths to serve the country’s needs.
The bureau also stressed that the Government will continue to strengthen global exchanges, including strengthening and broadening research networks and co-operation.