Resumption of Speedpost and airmail services to Iran

Source: Hong Kong Government special administrative region – 4

Hongkong Post announced today (August 21) that, as advised by the postal administration of Iran, mail delivery services previously affected by the circumstances in the region have returned to normal. Hongkong Post will resume Speedpost and airmail services to Iran from August 22.

Members of the public may visit the webpage of Hongkong Post at  www.hongkongpost.hk/en/about_us/whats_new/notices/index_id_1460.html for information on the service availability to various destinations.

SFC and HKMA to co-organise Hong Kong Fixed Income and Currency Forum 2025

Source: Hong Kong Government special administrative region – 4

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

The Hong Kong Fixed Income and Currency (FIC) Forum 2025, jointly organised by the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA), will take place on September 25 (Note 1).

Hong Kong, as the leading Asian international bond issuance hub (Note 2) and the 4th largest global foreign exchange market (Note 3), is actively exploring ways to solidify and advance its position in the FIC markets.

This forum aims to provide a dynamic and multilateral platform for FIC market participants, senior executives from leading financial institutions, senior government officials and regulators. The goal is to facilitate the exchange of strategic insights and visions for the development of Hong Kong’s FIC markets, share perspectives on Hong Kong’s policies in the FIC sector, and discuss latest developments in FIC markets across the Asia-Pacific region.   

     Details of the event programme and other relevant information can be accessed via our dedicated webpage.

Note 1: The FIC Forum is to be held at the Four Seasons Hotel Hong Kong and attendance is by invitation only.

Note 2: The Asian International Bond Markets: Issuance Trends and Dynamics (Fifth Edition, March 2025), the International Capital Market Association, see www.icmagroup.org/assets/documents/About-ICMA/APAC/ICMA-Report-The-Asian-International-Bond-Markets-Issuance-Trends-and-Dynamics-Fifth-Edition-March-2025-110325.pdf.

Note 3: Triennial Central Bank Survey of foreign exchange and Over-the-counter (OTC) derivatives markets in 2022 (October 2022), the Bank of International Settlements, see www.bis.org/statistics/rpfx22.htm.

SFST speaks after first meeting of Task Force on Review of Government Procurement Regime (with video)

Source: Hong Kong Government special administrative region – 4

     The Secretary for Financial Services and the Treasury, Mr Christopher Hui; the Permanent Secretary for Financial Services and the Treasury (Treasury), Mr Andrew Lai; and the Director of Government Logistics, Mr Carlson Chan, met the media after the first meeting of the Task Force on Review of Government Procurement Regime today (August 21). Following are the remarks:
 
Reporter: Secretary, first of all, looking back at the tendering process so far, can you tell us what specific red flags do you think were missed and how many of those have been caught earlier? And you mentioned that there will be some improvement measures to be carried out in the mid-term of the review by the Task Force. Can you specify what do you mean by mid-term and what kind of measures will be carried out? And finally, you mentioned that the GLD is the primary party to be held responsible for the matter. Have any officials in the department been carried out any sort of disciplinary action?
 
Secretary for Financial Services and the Treasury: That’s exactly the purpose of my chairing the task force this morning, to make reference to this incident and to identify any systemic issues that we need to deal with at the system and also at the process level. In particular, as you highlighted in your second question, we will look at areas like in terms of the due diligence required and the issues on the contract management and also quality control. These are the relevant aspects that will be covered in our interim result, because what we would expect is that before we make the final announcement, we hopefully would like to get the result earlier than the three months that we said earlier.
 
(Please also refer to the Chinese portion of the remarks.)

CS visits Beijing

Source: Hong Kong Government special administrative region – 4

     The Chief Secretary for Administration, Mr Chan Kwok-ki, arrived in Beijing yesterday afternoon (August 20) to begin his visit.
 
     Mr Chan first called on the Executive Deputy Director of the Hong Kong and Macao Work Office of the CPC Central Committee and the Hong Kong and Macao Affairs Office of the State Council, Mr Xu Qifang, and briefed Mr Xu on the latest developments in advancing patriotic education and the progress of organising the 15th National Games in Hong Kong by the Hong Kong Special Administrative Region (HKSAR) Government. The Secretary for Constitutional and Mainland Affairs, Mr Erick Tsang Kwok-wai, also attended the meeting.
 
     Mr Chan stated that since the establishment of the Working Group on Patriotic Education last year, it has formulated short-, medium-, and long-term objectives and policy measures tailored to Hong Kong’s specific circumstances. The group has actively carried out extensive work and achieved remarkable results. He expressed his sincere gratitude to the Central Government for its continued care and support of the HKSAR Government’s promotion of patriotic education. On the other hand, the HKSAR Government is collaborating closely with the Guangdong Provincial Government and the Macao Special Administrative Region Government on preparations for the 15th National Games, the 12th National Games for Persons with Disabilities and the 9th National Special Olympic Games, contributing to the country’s efforts to become a sporting powerhouse. The Government will also leverage this opportunity to deepen co-operation with cities in the Guangdong-Hong Kong-Macao Greater Bay Area and jointly build a world-class bay area.
 
     This morning (August 21), Mr Chan attended the establishment ceremony of the Patriotic Education Base for Hong Kong and Macao Youth. With the support of the Central Government, the first Patriotism Education Base for Hong Kong and Macao Youth has been established at the Museum of the War of Chinese People’s Resistance Against Japanese Aggression, located by the Lugou Bridge. The base aims to provide young students and teachers from Hong Kong and Macao with enhanced first-hand experience, enabling them to study and understand the country’s development, helping them develop a sense of nationhood and national identity, and inspiring patriotic sentiments. The establishment of the first education base holds particular significance as it coincides with the 80th Anniversary of Victory in the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War.
 
     At the establishment ceremony, Mr Chan said that the establishment of the Education Base marks an important milestone in Hong Kong’s implementation of patriotic education. The Education Base will serve as a crucial platform for deepening Hong Kong and Macao youth’s affection for their home and country, and their understanding of the country’s history, as well as enhancing their sense of patriotism, which is highly significant in nurturing a new generation devoted to the country and ready to shoulder their mission. He expressed his hope to develop more patriotic education resources nationwide in the future, enabling more Hong Kong and Macao youth to strengthen their national and ethnic identity through site visits and cultural exchange, gain a deeper understanding of the history and achievements of the country, and work together to create a brilliant future for the motherland.
 
     Officials attending the ceremony today included Mr Xu; Vice Mayor of Beijing, Mr Xia Linmao; Mr Chan; Mr Tsang; and the Secretary for Social Affairs and Culture of the Macao Special Administrative Region Government, Ms O Lam. The Convenor of the Working Group on Patriotic Education under the Constitution and Basic Law Promotion Steering Committee, Dr Starry Lee, also attended the ceremony.
 
     Mr Chan and the delegation concluded their visit and returned to Hong Kong this afternoon.

Hong Kong Customs achieves notable results in intercepting illicit cigarettes at source during first half of 2025 (with photo)

Source: Hong Kong Government special administrative region – 4

Hong Kong Customs has long been committed to promoting Customs co-operation in the Asia-Pacific (A/P) region to combat cross-boundary illicit cigarette activities at source. Fruitful results have been achieved, with various kinds of cross-boundary cigarette smuggling cases detected. During the first half of this year, Customs detected 84 large-scale illicit cigarette smuggling cases and seized about 278 million illicit cigarettes in total, with an estimated market value of about $1.25 billion and a duty potential of about $920 million.
 
Following the Regional Conference on Combating Illicit Cigarettes cohosted with the Australian Border Force in November last year, Hong Kong Customs continues to actively strengthen regional co-operation in the A/P region, and adjusts its enforcement strategies in response to evolving smuggling trends to further step up enforcement actions to curb the inflow of illicit cigarettes at source.
 
Early this year, Hong Kong Customs and the anti-smuggling departments of Mainland Customs mounted a joint radar surveillance operation targeting maritime cigarette smuggling syndicates, detecting four large-scale maritime illicit cigarette smuggling cases, seizing a total of about 49 million illicit cigarettes on four fishing vessels. 
 
Between March and July this year, Hong Kong Customs and Singapore Customs mounted a joint operation codenamed “Cutflow” and detected multiple large-scale cigarette smuggling cases by sea, seizing a total of about 107 million illicit cigarettes in 33 sea-borne containers arriving in Hong Kong from Singapore.
 
Customs also reinforced enforcement actions against air smuggling of illicit cigarettes. During the first half of this year, Customs mounted a special enforcement operation against illicit cigarette smuggling activities involving air passengers, and detected 44 related cases with 48 passengers arrested and a total of about 1.4 million illicit cigarettes seized. Moreover, Customs detected multiple smuggling cases of illicit cigarettes through air parcels and seized a total of about 130 million illicit cigarettes. Eleven controlled delivery operations were conducted, and seven persons were arrested.
 
Customs will continue to maintain close liaison and strengthen intelligence exchanges with Mainland and other law enforcement agencies to vigorously combat cross-boundary illicit cigarette activities.
 
Customs stresses that smuggling is a serious offence. Under the Import and Export Ordinance, any person found guilty of importing or exporting unmanifested cargo is liable to a maximum fine of $2 million and imprisonment for seven years upon conviction. Moreover, under the Dutiable Commodities Ordinance, anyone involved in dealing with, possession of, selling or buying illicit cigarettes commits an offence. The maximum penalty upon conviction is a fine of $1 million and imprisonment for two years.
​
Members of the public may report any suspected illicit cigarette activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).

  

SFST convenes first meeting of Task Force on Review of Government Procurement Regime (with photos)

Source: Hong Kong Government special administrative region – 4

     The Secretary for Financial Services and the Treasury, Mr Christopher Hui, convened the first meeting of the Task Force on Review of Government Procurement Regime today (August 21) to follow up on the incident regarding the Government’s procurement of bottled drinking water. Utilising a cross-bureau and cross-departmental approach, the Task Force will review the existing Government procurement regime and procedures arising from the recent incident on the Government’s procurement of bottled drinking water to perform its gatekeeping role effectively and remedy deficiencies.

     The Task Force is chaired by Mr Hui, with members that include the Permanent Secretary for Financial Services and the Treasury (Treasury), Mr Andrew Lai; the Director of Government Logistics, Mr Carlson Chan; and representatives from the Civil Service Bureau, the Commerce and Economic Development Bureau, the Development Bureau and the Department of Justice.

     The meeting established the direction and scope of the review, and identified certain areas of oversight or deficiencies at the organisational, systemic and implementation levels. In addition, the meeting discussed various improvement proposals.

     The Task Force also set a timetable for the upcoming work with a view to putting forward a review report on the preliminary recommendations available after three months.

     Mr Hui said, “In order to enhance the tendering and procurement procedures at the earliest time, in the interim, we have plans to put forward ready-to-implement proposals on major areas such as due diligence, tender requirements, contract management and quality assurance to enhance gatekeeping at different aspects and remedy deficiencies.”

     

Tender results of re-opening of 3-year RMB HKSAR Institutional Government Bonds

Source: Hong Kong Government special administrative region – 4

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 that a tender of 3-year RMB institutional Government Bonds through the re-opening of existing Government Bond (issue number 03GB2807001) under the Infrastructure Bond Programme was held today (August 21).
 
A total of RMB1.25 billion 3-year Government Bonds were offered today. A total of RMB1.793 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 1.43. The average price accepted is 99.78, implying an annualised yield of 1.673 per cent.
 
HKSAR Institutional Government Bonds Tender Results
 
Tender results of 3-year RMB HKSAR Institutional Government Bonds:
 

Tender Date : August 21, 2025
Issue Number : 03GB2807001 (Re-open)
Stock Code : 85039 (HKGB1.59 2807-R)
Issue and Settlement Date : August 25, 2025
Tenor : 3 years
Maturity Date : July 28, 2028
Coupon Rate : 1.59 per cent
Amount Applied : RMB1.793 billion
Amount Allotted : RMB1.25 billion
Bid-to-Cover Ratio* : 1.43
Average Price Accepted (Yield) : 99.78 (1.673 per cent (Note 1))
Lowest Price Accepted (Yield) : 99.43 (1.799 per cent (Note 1))
Pro-rata Ratio : About 56 per cent
Average Tender Price (Yield) : 99.61 (1.735 per cent (Note 1))

* Calculated as the amount of bonds applied for over the amount of bonds issued.
 
Note 1: The yields stated above are annualised yields. For reference, the semi-annualised yields corresponding to the average price accepted, lowest price accepted, and average tender price are 1.666 per cent, 1.791 per cent, and 1.728 per cent respectively.

Appeal for information on missing father and son in Hung Hom (with photo)

Source: Hong Kong Government special administrative region – 4

     Police today (August 21) appealed to the public for information on a man and his son who went missing in Hung Hom.

     Tong Kin, aged 49, and his 12-year-old son Tong Mang-shun, Theo, were last seen on Po Loi Street on August 11 morning. Their family made a report to Police on August 19.

     Tong King is about 1.73 metres tall, 65 kilograms in weight and of thin build. He has a long face with yellow complexion and short black hair. He was last seen wearing a green T-shirt, blue trousers, black shoes, a pair of black-rimmed glasses and a black cap. Tong Mang-shun, Theo is about 1.45 metres tall, 40 kilograms in weight and of thin build. He has a round face with yellow complexion and short black hair. He was last seen wearing a white T-shirt, light-coloured shorts and black and white shoes.

     Anyone who knows the whereabouts of the two missing persons or may have seen them is urged to contact the Regional Missing Persons Unit of Kowloon West on 3661 8038 or 9020 6542, or email to rmpu-kw@police.gov.hk, or contact any police station.

  

Film Programmes Office to launch screening programme “!NSPIRE Series 2025: Integrating the Modern and the Traditional: Chinese Humanism and Hong Kong Cinema” (with photos)

Source: Hong Kong Government special administrative region – 4

     The Film Programmes Office of the Leisure and Cultural Services Department (LCSD) will present the programme “!NSPIRE Series 2025: Integrating the Modern and the Traditional: Chinese Humanism and Hong Kong Cinema” from September 21 to October 25, showcasing 12 films highlighting humanistic values at the Cinema of the Hong Kong Film Archive (HKFA). Selected films are presented under four themes, namely “Ethos of Family and State”, “Spirit of the Literati”, “The Shine of Being Woman” and “The Legal Dimension”, each comprising two Hong Kong films showcasing Chinese culture and one foreign film as a cultural reference.

     Under the theme “Ethos of Family and State”, “It Was a Cold Winter Night” (1955), adapted from a novel by Ba Jin, depicts the conflicts and struggles of a well-educated married couple in the face of war and between old and new cultures. “The Warlords” (2007) features epic battle scenes as well as multifarious struggles between loyalty and politics in the Taiping Rebellion during the late Qing dynasty. The Japanese film “The Wife’s Confession” (1961) (4K restored version) tells the story of a wife who becomes a suspect in the murder of her husband, prompting reflection on traditional marriage and female representation.
 
     In the theme “Spirit of the Literati”, “Chu Yuan” (1977), written, directed and starring Bow Fong, expresses the patriotic poet Qu Yuan’s political ideals in a solemn manner. Director Ann Hui’s “The Golden Era” (2014) tells of writer Xiao Hong’s devotion to writing during times of material scarcity and political upheaval. Based on the history of the Joseon era, the film “The Book of Fish” (2021) is about the encounters and friendship between an exiled scholar and a local fisherman with a desire for knowledge.
 
     Films in the theme “The Shine of Being Woman” convey the struggles of modern women. In “It So Happens to a Woman” (1955), Hung Sin Nui plays the role of a career woman in the 1950s when society is in the ebbs and flows of the cultures of old and new, illustrating women’s struggles between family and career. “Sisters of the World Unite” (1991) is a story about how two sisters, played by Sylvia Chang and Sally Yeh, in their middle age with distinct personalities and fates support each other through thick and thin. In Korean film “Bound by Chastity Rule” (1962), a young widow becomes pregnant after falling in love with a young man working in a rural village but is separated from her lover and newborn son under the arch of chastity.
 
     In the theme “The Legal Dimension”, the film “The Adulteress” (1962) tells the story of Xiao Bai Cai, who is defiled by the son of a local government official, and later falsely accused of adultery and murdering her husband with her former lover. In “Lawyer Lawyer” (1997), Chan Mong-gut, a legendary lawyer, defends his apprentice framed for a crime in a court of law, reflecting the mentality of ordinary people in a satirical way. The classic American courtroom film “Anatomy of a Murder” (1959) (4K restored version) revolves around a murder case with plenty of complex emotions and motives coming to light as the defence attorney unravels the intricate murder, revealing the thin line between good and evil.
 
     Tickets for film screenings priced at $75 are now available at URBTIX (www.urbtix.hk). For telephone bookings, please call 3166 1288. For programme enquiries and concessionary schemes, please call 2734 2900 or visit www.lcsd.gov.hk/fp/en/listing.html?id=80.
 
     All screenings of the Hong Kong films will be accompanied by post-screening talks, hosted by co-curator Sam Ho, film critics Thomas Shin, Caily Mak, Shum Long-tin, and Matthew Cheng, director Lau Shing-hon, as well as scholars Dr Kwok Sze-wing and Prof Yau Ching. Ticket holders of respective screenings will be admitted to the talks with priority. Seats will be available on a first-come, first-served basis with free admission.
 
     Four seminars, titled “The Times They are a-Changin'”, “Character, Virtue and the Literati”, “Changing the Gaze” and “Court of Law or Court of Justice?” will be held. The seminars will be hosted by co-curators Sam Ho and Joyce Yang with speakers including scholars Prof Eva Man and Prof Cheng Pei-kai, directors Oliver Chan and Jeffrey Lam, as well as actresses Rachel Leung and Louisa So. The seminars will be conducted at the Cinema of the HKFA and the Function Room AC2, Level 4, Administration Building, Hong Kong Cultural Centre. Seats will be available on a first-come, first-served basis with free admission.
 
    The screening programme is also one of the activities in the Chinese Culture Promotion Series. The LCSD has long been promoting Chinese history and culture through organising an array of programmes and activities to enable the public to learn more about the broad and profound Chinese culture. For more information, please visit www.ccpo.gov.hk/en/.

                                      

Red flag at Deep Water Bay Beach lowered

Source: Hong Kong Government special administrative region – 4

Attention TV/radio announcers:

Please broadcast the following as soon as possible:

Here is an item of interest to swimmers.

     The Leisure and Cultural Services Department announced today (August 21) that the Environmental Protection Department has classified the water quality at Deep Water Bay Beach in Southern District, Hong Kong Island, as Grade 2, which means the water quality has improved and the beach is suitable for swimming. The red flag has been lowered.

The red flag was hoisted on the beach earlier due to the water quality being classified as Grade 4 and unsuitable for swimming.