Interest rate of first interest payment for series of retail infrastructure bonds due 2027

Source: Hong Kong Government special administrative region

Interest rate of first interest payment for series of retail infrastructure bonds due 2027Fixed Rate: +3.50 per centIssued at HKT 16:40

The following is issued on behalf of the Hong Kong Monetary Authority:

​The Hong Kong Monetary Authority, as representative of the Hong Kong Special Administrative Region Government, announced today (June 3) the relevant per annum interest rate for the first interest payment of the series of retail infrastructure bonds due 2027 (Issue Number: 03GB2712R; Stock Code: 4286) (the Retail Infrastructure Bonds) issued under the Infrastructure Bond Programme.

According to the Issue Circular dated November 26, 2024, for the Retail Infrastructure Bonds, the first interest payment of the Retail Infrastructure Bonds is scheduled to be made on June 17, 2025, and the relevant interest rate is scheduled to be determined and announced on June 3, 2025, as the higher of the prevailing Floating Rate and Fixed Rate.

On June 3, 2025, the Floating Rate and Fixed Rate are as follows:

Floating Rate: +1.60 per cent (Annex)
Fixed Rate: +3.50 per cent

Based on the Floating Rate and Fixed Rate set out above, the relevant interest rate for the first interest payment is determined and announced as 3.50 per cent per annum.

Ends/Tuesday, June 3, 2025
Issued at HKT 16:40
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Secretary for Home and Youth Affairs visits Qianhai (with photos)

Source: Hong Kong Government special administrative region

     The Secretary for Home and Youth Affairs, Miss Alice Mak, today (June 3) visited Qianhai to learn about the entrepreneurial experiences of Hong Kong youth in Qianhai and to exchange views on youth development work.
 
Miss Mak first visited the Qianhai Shenzhen-Hong Kong Youth Innovation and Entrepreneur Hub (Ehub), where she was briefed by the person in charge on the facilities and measures supporting youth entrepreneurship. She also toured the HKU Techno-Entrepreneurship Academy, the Hong Kong Youth Short-Term Apartments, and the Hong Kong Cultural Experience Space at the Ehub, engaging in discussions with Hong Kong youth to learn more about their entrepreneurial experiences and life in Qianhai. The Ehub is a member of the Alliance of Hong Kong Youth Innovation and Entrepreneurial Bases in the Greater Bay Area, which is jointly established by the Home and Youth Affairs Bureau, the Hong Kong and Macao Affairs Office of the People’s Government of Guangdong Province, and the Human Resources and Social Security Department of Guangdong Province.
 
Miss Mak later met with Member of the Standing Committee of the CPC Shenzhen Municipal Committee and Director General of the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen Municipality (Qianhai Authority), Mr Wang Shourui, to discuss promoting Shenzhen-Hong Kong co-operation in supporting the development of Hong Kong youth.
 
Miss Mak thanked the Shenzhen Municipal People’s Government and the Qianhai Authority for their staunch support towards the Hong Kong Special Administrative Region Government (HKSARG)’s youth development work, especially in encouraging young people to integrate into the overall national development and seize the enormous opportunities brought about by the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Miss Mak said that the HKSARG attaches great importance to youth development. Since its establishment in December 2023, the Alliance has brought together nearly 60 member organisations in Hong Kong and the GBA, including the EHub. With the resources and networks of the Alliance members, it provides a one-stop information, publicity and exchange platform to provide more comprehensive support to Hong Kong’s young entrepreneurs. The Alliance members have organised nearly 220 events to date.
 
In the afternoon, Miss Mak visited the Qianhai Exhibition Hall to learn about the planning and latest developments of Qianhai. She also visited the SmartMore Corporation Limited, which was founded by a Hong Kong entrepreneur. Representatives of the company shared their experiences in successfully establishing a unicorn company and the development opportunities in the GBA.
 
Miss Mak said that the HKSARG will sustain its efforts in promoting youth development and will continue to implement and enhance the Youth Development Blueprint. Some of the measures covered in the Blueprint encourage and support Hong Kong youth in pursuing innovation and entrepreneurship. Through the visit, she hoped that the two places will further strengthen their co-operation and exchanges on encouraging young people to explore entrepreneurial opportunities in the Mainland’s enormous market and offering comprehensive support for youth innovation and entrepreneurship.

Miss Mak concluded her visit and returned to Hong Kong in the afternoon.

                    

Advance publication of 2025 provisional/final registers for Election Committee subsectors

Source: Hong Kong Government special administrative region

The Registration and Electoral Office (REO) announced today (June 3) that the Electoral Registration Officer (ERO), in accordance with the new section 14(1AB) of the Schedule to the Chief Executive Election Ordinance (Cap. 569) (the Ordinance), has specified June 24, 2025, as the publication date of the provisional register; and July 21, 2025, as the publication date of the final register for the 2025 Election Committee subsectors (ECSSs).

The Chief Executive has specified December 7, 2025, as the date for holding the general election for the eighth term Legislative Council (LegCo). As regards the ECSS By-elections to be held before the LegCo General Election, the date will be September 7, 2025.

A spokesman for the REO said, “The Electoral Legislation (Miscellaneous Amendments) Ordinance 2025 introduced a provision that empowers the ERO to suitably advance the publication of the registers for ECSSs in the year of the LegCo general election (including this year) through accelerating part of the working procedures, so that the ECSS By‑elections of the year can be conducted in accordance with the most updated information included in the register without having to adopt the register published in late September in the year earlier. To enable the ECSS By‑elections, to be held on September 7 this year, to be conducted on the basis of the latest voter situation, the ERO will advance the compilation and publication of the 2025 provisional/final registers for ECSSs. The relevant notice was gazetted today.

“In case voters/new applicants of ECSSs received requests from the REO for supplementary information, please reply by June 9, 2025,” the spokesman added.

Arrangements for inspection of provisional register and omissions list for ECSSs

The 2025 provisional register and omissions list for the ECSSs will be published on June 24 for inspection by specified persons under the law until June 30. For details of the inspection arrangements, please visit the REO webpage reo.gov.hk/en/voter/checkvrstatus/registers.html.

All ECSS voters may also check their registration status and particulars, including whether they have been entered into the omissions lists for ECSSs, through “iAM Smart” or the Voter Registration website (vr.gov.hk).

     Voters who have been included in the omissions list for ECSSs will receive reminding letters from the REO to confirm their eligibility. The envelopes of the reminding letters are beige in colour with a message, “Immediate action required. Your voting right is at stake” printed in red. Recipients must reply or provide supplementary information on or before the statutory deadline of June 30 by post, fax or email; or by using a mobile device to scan the QR code on the reply slip and upload the required information to the REO e-Form Upload Platform so that they may, upon the Revising Officer’s approval, keep their voter status and be included in the final register of ECSSs. Any claims or objections with regard to the provisional register and omissions list of ECSSs should be lodged in person with the REO by the statutory deadline of June 30. The Revising Officer will consider the evidence provided by the applicant and make a ruling according to law.

The REO will publish the 2025 final register for ECSSs on July 21.

Register for the Election Committee

In addition, pursuant to section 4 of the Schedule to the Ordinance, the ERO will publish the provisional register and omissions list of the Election Committee (EC) on June 9, 2025. The related period for lodging claims and objections is from June 9 to 16. In accordance with section 5 of the Schedule to the Ordinance, the Electoral Affairs Commission will take into account the provisional register for the EC and the ruling of cases of claims and objections (if any) by the Revising Officer, to determine the numbers of vacancies of elected members in each of the subsectors to be filled at the ECSS By-elections this year; and the numbers of vacancies of nominated members to be filled through supplementary nomination.

Upon completion of the above procedures, the REO will publish notices in the Gazette on July 4 to announce the number of EC members to be returned for the relevant subsectors at the ECSS By-elections, the designated bodies of subsectors that need to fill vacancies of EC members and the number of EC members that they can nominate, and the details for the submission of nomination forms, including the period and addresses for submission.

Hong Kong Police conducts cross-border anti-scam operation with six countries and regions

Source: Hong Kong Government special administrative region

     The Hong Kong Police Force, in collaboration with the police forces of Macao Special Administrative Region (SAR), Malaysia, the Maldives, Singapore, South Korea and Thailand, conducted the first joint operation of the Cross-border Anti-Scam Collaboration Platform “FRONTIER+” from April 28 to May 28. The operation achieved significant results in combating cross-border scam activities.

     During the month-long operation, over 2 700 law enforcement officers from seven countries and regions were deployed, successfully identifying and dismantling multiple cross-border scam syndicates. In total, 1 858 individuals (aged between 14 and 81) were arrested, involving 9 268 scam cases, including online shopping scams, telephone deceptions (such as government official impersonation scams and impersonating customer service scams), investment scams, rental scams, and employment scams, etc, with a total loss amounting to US$225 million. A total of 32 607 bank accounts were frozen, and approximately US$20 million fraudulent funds were intercepted, effectively disrupting criminal cash flows. Enforcement details of the countries and regions are set out in the Annex.

     Investigation revealed that scam trends show notable similarities across different jurisdictions. For instance, the impersonation of customer service representatives emerged as a widespread scam tactic in Hong Kong in 2024 and the trend started to drop in 2025 after police intervention. However, similar fraudulent schemes employing identical scripts and excuses to deceive citizens into monetary losses began to appear in Singapore and Macao SAR in 2025. This underscores the critical need for cross-jurisdictional collaboration and intelligence sharing to combat scam syndicates effectively.

     The Cross-border Anti-Scam Collaboration Platform “FRONTIER+” was jointly established by various anti-scam centres in October 2024. As of now, the platform includes anti-scam centres from 10 countries and regions, namely Australia, Canada, Hong Kong SAR, Indonesia, Macao SAR, Malaysia, the Maldives, Singapore, South Korea and Thailand. By strengthening intelligence exchange and coordinated actions, the platform aims to combat scams, cyber-related crimes and money laundering. The platform will continue to conduct real-time intelligence analysis and sharing, carry out cross-border joint operations from time to time, and expand its network by inviting more countries and regions to join in order to enhance enforcement efficiency.

     Members of the public are urged to remain vigilant against scams at all times and to exercise caution in their financial transactions. Avoid hastily clicking on hyperlinks, downloading mobile applications, or logging into suspicious websites. If in doubt, the public is advised to verify suspicious information or websites using “Scameter” on CyberDefender’s website (cyberdefender.hk/en-us/scameter/), or the mobile app “Scameter+”; or to call the “Anti-Scam Helpline 18222” for enquiries

Remarks by CE at media session before ExCo

Source: Hong Kong Government special administrative region

     Following are the remarks by the Chief Executive, Mr John Lee, at a media session before the Executive Council meeting today (June 3):

Reporter: Good morning, Mr Lee. Some English questions. First, can you tell us more about the way forward between your administration and the Beijing’s liaison office with the new appointment of Mr Zhou Ji? And the second question, how will the Government proceed with a review on tunnel tolls after taking back the Tai Lam Tunnel, and will that have any implication on new infrastructure, such as the Central Kowloon Route? Thank you.

Hongkong Post unveils new stamp issues for July to December 2025

Source: Hong Kong Government special administrative region

     â€‹Hongkong Post announced today (June 3) that five sets of special stamps with various themes will be issued from July to December 2025. Each stamp issue has its own ingenious design and distinctive style, making the stamps valuable collectables for philatelists and the public.
      
     Inscribed on the United Nations Educational, Scientific and Cultural Organization’s Representative List of the Intangible Cultural Heritage of Humanity in 2016, the “24 solar terms” of the Chinese calendar reflect the change of seasons and meteorological patterns. Following the “24 Solar Terms – Spring” special stamps and “24 Solar Terms – Summer” special stamps issued in 2020 and 2023 respectively, Hongkong Post will issue special stamps themed on “24 Solar Terms – Autumn”, featuring six solar terms of autumn, namely “Autumn Commences”, “End of Heat”, “White Dew”, “Autumnal Equinox”, “Cold Dew” and “Frost”.
      
     The Central Government gifted a pair of giant pandas, Ying Ying and Le Le, to the Hong Kong Special Administrative Region (HKSAR) in 2007. The pair welcomed a pair of cubs, Jia Jia and De De, on August 15, 2024. The twin cubs have since captured the hearts of the public, who have been keenly following their growth. Hongkong Post will issue special stamps themed on “Giant Panda Twin Cubs” to showcase the highlights of Jia Jia and De De’s daily lives at different stages and witness their growth journey.
      
     In Hong Kong, there are many distinctive hiking trails, offering hikers a diverse array of green experiences. Among them, the Wilson Trail is a long-distance hiking trail that begins at Stanley and finishes at Nam Chung in the New Territories, stretching approximately 78 kilometres across Hong Kong Island, Kowloon and the New Territories. Hongkong Post will issue a set of 10 special stamps themed on “Hong Kong Hiking Trails Series No. 3: Wilson Trail” to feature the gorgeous scenery of various sections along the Wilson Trail.
      
     Hong Kong’s airport plays an indispensable role in the successful development of Hong Kong into an international aviation hub. The passenger terminal of Kai Tak Airport was completed and commenced service as early as in the 1960s. In view of the growing demand for air traffic, Kai Tak Airport completed its historical mission in 1998 when Hong Kong International Airport relocated from Kai Tak to Chek Lap Kok. At present, it has developed a three-runway system. Meanwhile, the Government of the HKSAR is pressing ahead with the Airport City development strategy. Hongkong Post will issue a set of special stamps on the theme of “Aviation Development in Hong Kong” to feature the thriving aviation development in the city.
      
     Christmas is a season full of joy, warmth and blessings. As a city embracing both Chinese and Western cultures, Hong Kong showcases a lively festive ambience throughout Christmas. Hongkong Post will issue special stamps on the theme of “Christmas Stamps V”, which adopt the night view of Victoria Harbour as the background, showcasing a variety of Christmas elements under the starry sky and highlighting the joy of the festive season.
      
     Customers may place advance orders for the above new stamp products from today on Hongkong Post’s online shopping mall “ShopThruPost” (shopthrupost.hongkongpost.hk). Customers may also visit the Facebook page “郵票.郵趣@Hongkong Post Stamps” (www.facebook.com/HKPStamps) for more details. Customers who place orders by June 23 (Monday) will receive attractive gifts and bonus points. Further information about placing orders can be obtained from the Hongkong Post Stamps website (stamps.hongkongpost.hk) or by calling the Hongkong Post Philatelic Bureau hotline at 2785 5711.

Scam alert related to banks

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) wishes to alert members of the public to the press releases issued by the banks listed below relating to fraudulent websites, internet banking login screens, phishing emails or other scams, which have been reported to the HKMA. Hyperlinks to the press releases are available on the HKMA website.
 

Bank Type of Scam
Shanghai Commercial Bank Limited Fraudulent websites and internet banking login screens
The Bank of East Asia, Limited Fraudulent websites and internet banking login screens
Chong Hing Bank Limited Fraudulent websites and internet banking login screens

The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. They will not ask customers for sensitive information, such as login passwords or one-time password, by phone, email or SMS (including via embedded hyperlinks).

Anyone who has provided his or her personal information, or who has conducted any financial transactions, through or in response to the scams concerned, should contact the relevant bank with the information provided in the corresponding press release, and report the matter to the Crime Wing Information Centre of the Hong Kong Police Force at 2860 5012.

Joint anti-scam operation a success

Source: Hong Kong Information Services

The Hong Kong Police Force, in collaboration with its counterparts in Macau, Malaysia, the Maldives, Singapore, South Korea and Thailand, conducted the first joint operation of FRONTIER+, a cross-boundary anti-scam platform.

During the month-long operation that began on April 28, 1,858 individuals were arrested, involving 9,268 cases of online shopping scams, telephone deceptions, investment scams, rental scams and employment scams, with a total loss amounting to US$225 million.

Moreover, 32,607 bank accounts were frozen and approximately US$20 million in fraudulent funds were intercepted, effectively disrupting criminal cash flows.

At a press conference this afternoon, Hong Kong Police Force Commercial Crime Bureau Chief Superintendent Wong Chun-yue said investigations revealed that scams across different jurisdictions showed notable similarities.

For instance, the impersonation of customer service representatives emerged as a widespread scam tactic in Hong Kong in 2024, and became less prevalent in 2025 after police intervention. Also in 2025, similar fraudulent schemes employing identical scripts and excuses began to appear in Singapore and Macau.

This observation underscores the critical need for cross-jurisdictional collaboration and intelligence sharing to combat scam syndicates effectively, Mr Wong pointed out.

Established by various anti-scam centres in October 2024, FRONTIER+ now comprises 10 countries and regions, including Australia, Canada, the Hong Kong Special Administrative Region, Indonesia, the Macao SAR, Malaysia, the Maldives, Singapore, South Korea and Thailand.

By strengthening intelligence exchange and co-ordinated actions, the platform aims to combat scams, cyber-related crimes and money laundering. It will continue to conduct real-time intelligence analysis and sharing, carry out cross-boundary joint operations, and expand its network by inviting more countries and regions to join, in order to enhance enforcement efficiency.

Mable Chan to promote HK logistics

Source: Hong Kong Information Services

Secretary for Transport & Logistics Mable Chan will lead Logistics Development Council members on a visit to Chengdu and Chongqing tomorrow to promote Hong Kong’s strengths in logistics.

Ms Chan and the delegation will visit local logistics facilities to gain insights into their operations and explore collaboration opportunities in logistics.

She will also attend the Hong Kong-Chongqing logistics sector co-operation seminar, organised by the Logistics Development Council and Trade Development Council, to foster exchanges between industry players from Hong Kong and Chongqing.

Furthermore, she will meet government officials from Chengdu and Chongqing to discuss issues of mutual interest.

Ms Chan will return to Hong Kong on Friday evening. During her absence, Under Secretary for Transport & Logistics Liu Chun-san will be Acting Secretary.

LegCo Panel on Environmental Affairs visits innovative technology projects of CLP (with photos)

Source: Hong Kong Government special administrative region

LegCo Panel on Environmental Affairs visits innovative technology projects of CLP  
     Upon arriving at the CLP’s Shatin Centre, Members received a briefing from the management of the CLP on its progress in accelerating transport electrification. Members noted that the CLP had been offering technical support to charging service operators to expedite the development and installation of charging facilities to promote the use and popularization of electric vehicles. Moreover, Members noted that the CLP had signed memorandums pleading its participation in the development of the Northern Metropolis. The power company had reserved power system capacity to meet the area’s current and future developments, including innovation and technology, industry and commerce, housing, etc.
 
     Members then watched a demonstration of a “beyond visual line of sight” (BVLOS) drone for inspecting power facilities. The BVLOS drone project was one of the first batch of pilot projects under the Government’s Low-altitude Economy Regulatory Sandbox. The CLP had been conducting trials with BVLOS drones on designated flight routes to evaluate their feasibility, safety and effectiveness in checking critical power supply facilities to increase inspection efficiency.
 
     Afterwards, Members learnt about the CLP’s Grid-Visualization (Grid-V), an advanced management system introduced for monitoring the operation of the power company’s critical power facilities to further enhance the reliability of power supply. Utilizing AI, the Grid-V management system integrates and monitors real-time signals from about 3 000 sensors and cameras across the power company’s electricity networks in Hong Kong, alerting engineering personnel to respond to incidents immediately when potential risks are detected.
  
     A total of 10 members and non-members of the Panel on Environmental Affairs participated in the visit.
Issued at HKT 18:00

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