Month: November 2025

Source: Hong Kong Government special administrative region

The golf competition and track cycling of the 15th National Games (NG) will commence respectively at the Fanling Golf Course of the Hong Kong Golf Club and the Hong Kong Velodrome tomorrow (November 13).

Hong Kong will stage all golf competition including men’s and women’s individual and team events, and four gold medals will be awarded. The golf competition will comprise over 80 athletes joining from 17 teams from the Mainland, Hong Kong and Macao competing for honours, and Hong Kong will field four men and four women athletes to compete. Competitions will be held from 8am to 3pm during November 13 to 16.

For track cycling competition, Hong Kong will stage all events including men’s and women’s individual and team events, and 14 gold medals will be awarded. The competitions will comprise over 270 athletes from 22 teams from the Mainland, Hong Kong and Macao competing for honours, in which Hong Kong will field nine men and nine women athletes. The competition schedule is as follows:
 

Date	Competition details
November 13	Men’s Team Sprint
	Women’s Team Sprint
November 13 to 14	Men’s Team Pursuit
	Women’s Team Pursuit
November 14	Women’s Time Trial (250 Metres)
November 14 to 15	Women’s Time Trial (750 Metres)
	Men’s Sprint
November 15 to 16	Women’s Sprint
November 15	Men’s Omnium
November 16	Men’s Madison
	Women’s Madison
November 17	Women’s Omnium
	Men’s Keirin
	Women’s Keirin

Members of the public can purchase tickets through various channels, including the 15th NG official ticketing website (ticket.baygames.cn) or by searching for the “15th NG official ticketing” official mini programme on WeChat, after completing a real-name account registration. Members of the public can also visit 11 designated sales outlets (ww2.ctshk.com/articleDetail?id=4&channelId=-1) of the China Travel Service (Hong Kong) Limited to buy paper tickets for events in the Hong Kong competition region. Furthermore, services are also available for physical ticket purchases for the events held at the relevant venues at the ticket office of the competition area.

The ticket offices at the Hong Kong Golf Club and the Hong Kong Velodrome have come into operation. The ticket offices will run from 10am to 4pm on non-competition days and will operate one hour before the event starts on event days until ticket verification ceases for that day’s event (i.e. 30 minutes before the scheduled finish time). Tickets are sold at Hong Kong dollar prices and accept various electronic payment methods. Real-name registration for ticket sales is adopted and please prepare identity document for ticket purchase and before entering the venue. Spectators who purchased tickets for their family members or friends using their own accounts via the 15th NG official ticketing platform should transfer the tickets to their family members or friends 24 hours prior to the start of the relevant session. Each person should carry their own e-tickets to facilitate verification and multiple entries/exits. 

     Official franchised merchandise stores will be set up on-site, selling a variety of franchised products with Hong Kong characteristics incorporated and related to the competition events. Members of the public are welcome to visit and make purchases.
 
     There will also be competition villages with various game booths, including digital interactive games, booth games and art workshops. The competition village for golf event will be open tomorrow from 9am to 3.30pm, while the competition village for track cycling event will be open tomorrow from 11am to 9pm. Members of the public are welcome to try the games and purchase tickets to watch the competitions and cheer for athletes in person.

Source: Hong Kong Government special administrative region

Source: Hong Kong Information Services

Chief Executive John Lee met Beijing Mayor Yin Yong at Government House today to exchange views on deepening Hong Kong’s co-operation with Beijing.

He welcomed Mr Yin and his delegation to Hong Kong to attend the 28th Beijing Hong Kong Economic Cooperation Symposium.

Mr Lee highlighted that since its establishment, the Hong Kong/Beijing Co-operation Conference mechanism has received great importance and support from the Central Government and the Beijing Municipal Government. Over the years, Beijing and Hong Kong have maintained extensive and close collaboration in various areas, including finance, economy and trade, innovation and technology (I&T), healthcare and youth exchanges, promoting high-level mutual benefits.

Noting that Hong Kong enjoys the dual advantage of having national and global opportunities under the “one country, two systems” principle, the Chief Executive said that Hong Kong is fully committed to deepening international exchanges and co-operation, and leveraging its role as a two-way platform for enterprises to go global and attract external investment.

The Hong Kong Special Administrative Region Government has established the Task Force on Supporting Mainland Enterprises in Going Global to proactively engage Mainland enterprises to expand overseas via Hong Kong, gathering professionals from various sectors to provide comprehensive support to Mainland enterprises.

Mr Lee welcomed more Beijing and Mainland enterprises to use Hong Kong as a springboard in exploring overseas markets and going global.

The Chief Executive remarked that Beijing, as the country’s capital, boasts strong capabilities in I&T, while Hong Kong ranks third globally in terms of technology in the World Digital Competitiveness Ranking. Hong Kong is vigorously developing into an international I&T centre, including actively advancing the development of the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science & Technology Innovation Co-operation Zone and promoting the I&T industry.

He added that he expects Beijing and Hong Kong to continue deepening I&T co-operation, complementing each other’s strengths and better contributing to the country’s development as a science and technology powerhouse.

Mr Lee noted that this year marks the conclusion of the 14th Five-Year Plan period and the preparatory year for the 15th Five-Year Plan. The country will expand the scope of its high-level opening up and explore opportunities of two-way investment co-operation. Hong Kong will continue to actively strengthen its co-operation with Beijing across different areas, jointly serving the country’s high-quality development.

Secretary for Justice Paul Lam; Secretary for Constitutional & Mainland Affairs Erick Tsang; Secretary for Innovation, Technology & Industry Prof Sun Dong; and Director of the Chief Executive’s Office Carol Yip also attended the meeting.

Source: Hong Kong Information Services

Chief Secretary Chan Kwok-ki and Secretary for the Civil Service Ingrid Yeung today met civil service groups to discuss motivating civil servants to cast their votes to support the Legislative Council General Election on December 7.

During the meeting, staff-side representatives from the four civil service central consultative councils, and representatives from the four major service-wide staff unions pledged their full mobilisation to support the LegCo poll.

They also reported on the election-related publicity work to promote voting among civil servants.

Following the meeting, Mr Chan and Mrs Yeung, along with civil service unions’ representatives, visited multiple floors of the Queensway Government Offices. They urged colleagues from various departments to vote in the LegCo election.

Mr Chan said as members of the Government, civil servants should lead by example by voting, demonstrating through their actions their support for the Government in administering Hong Kong and their efforts to encourage all voters to cast their votes.

Mrs Yeung supplemented that on polling day, civil servants on duty across various posts will strive to ensure that the election proceeds in a fair, impartial, honest, safe and orderly manner.

Arrangements have been made to enable civil servants to cast their votes, she added.

Source: Hong Kong Government special administrative region

Source: Hong Kong Government special administrative region – 4

The Civil Engineering and Development Department (CEDD) and the Guangdong Earthquake Agency (GEA) today (November 12) signed a five-year co-operation framework agreement to promote collaboration and development in seismic and geological hazard risk management technologies.

The agreement was signed by the Director of Civil Engineering and Development, Mr Michael Fong, and the Director of the GEA, Mr Yang Zhenyu. It covers the development and application of seismic and geological hazard risk management technologies, the promotion of research outcomes and the sharing of academic resources, as well as fostering professional talent development.

Mr Fong said the agreement will create more opportunities for collaboration between the two sides to develop key technologies that address geotechnical engineering challenges and strengthen seismic and geological hazard risk management. The partnership will further enhance exchanges between expert teams, accelerate the application of research outcomes, and strengthen regional capabilities in disaster prevention and mitigation.

The GEA is primarily responsible for monitoring seismic activity within Guangdong Province, conducting seismic risk assessments, and implementing disaster prevention measures. It is also committed to advancing research in seismology and new monitoring technologies.

Source: Hong Kong Government special administrative region – 4

The Secretary for Environment and Ecology, Mr Tse Chin-wan, attended the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP30) in Belém, Brazil, on November 11 (Belém time). He met with the Chinese delegation and delivered a speech at the China Pavilion’s side event.

In the morning, Mr Tse, together with the Director of Electrical and Mechanical Services, Mr Poon Kwok-ying, and the Commissioner for Climate Change of the Environment and Ecology Bureau, Mr Arthur Lee, met with the head of the Chinese delegation, Mr Li Gao, to exchange views on the work of the country and the Hong Kong Special Administrative Region (HKSAR) on climate change actions and green transition.

In the afternoon, Mr Tse attended the China Pavilion’s side event, guided by the Department of Climate Change of the Ministry of Ecology and Environment (MEE) and cohosted by the Environment and Ecology Bureau of the HKSAR Government, Friends of the Earth (HK) and the Hong Kong Financial Services Development Council. The side event, titled Converging Innovation in Hong Kong: Forging a Resilient City and a Global Green Finance Hub, focused on exploring Hong Kong’s role, achievements, and strategies in addressing climate change. Key discussion areas include climate action, energy transition, green and sustainable finance, climate resilience enhancement, and strengthening regional and international co-operation frameworks.

In his opening speech, Mr Tse said that, to tackle climate change, Hong Kong stopped building coal-fired power plants in 1997 and reached its carbon peak in 2014. Greenhouse gas emissions have been reduced by about a quarter now, compared to the peak in 2014. The per-capita greenhouse gas emissions fell nearly 30 per cent to below 4.5 tonnes of carbon dioxide equivalent, which is about a quarter of that of the United States and 60 per cent of the European Union.

Mr Tse added that Hong Kong targets to reduce Hong Kong’s emissions by half before 2035, and achieve carbon neutrality before 2050. He shared that the HKSAR Government has put forward a four-pronged strategy in the Hong Kong’s Climate Action Plan 2050: namely net-zero electricity supply, energy saving and green buildings, green transport, and zero waste landfilling. Related energy measures include stopping the use of coal for power generation by 2035, increasing the share of zero carbon electricity supply to over 60 per cent, and publishing the Strategy of Hydrogen Development in Hong Kong last year to build a framework environment to the local development of hydrogen in a prudent and orderly manner.

He said that Hong Kong is also progressing well in promoting green transport. Out of 10 newly registered private cars, seven are now electric. A public charging network based on super-fast charging technologies is being developed and an electric vehicle battery recycling facility will be put into operation next year.

On waste-to-energy, the first large-scale waste-to-energy facility is coming into operation this month and the second one is being tendered for completion by 2030. Hong Kong is also working with the Chinese Mainland to develop a production base for sustainable aviation fuel in the Guangdong-Hong Kong-Macao Greater Bay area as well as gearing up to develop Hong Kong into a green maritime fuel bunkering and trading centre.

Regarding green finance, Mr Tse stated that as an international financial centre and sustainable finance hub in Asia, Hong Kong can help channel international capital to support the green transition. He illustrated, with an example, that as of October 2025, the HKSAR Government has issued green bonds totalling an equivalent of about US$31 billion. Furthermore, the Hong Kong Sustainability Disclosure Standards was implemented to fully align with the global baseline set by the International Sustainability Standards Board.

Mr Tse expressed that international co-operation is critical for tackling the challenge of climate change. “The low carbon green transition is a difficult journey, and yet it has opened up many new collaboration opportunities. Hong Kong looks forward to working hand in hand with all of you to build a climate resilient and sustainable future for our next generations,” said Mr Tse.

Other guest speakers at the event included the President of the BRI International Green Development Coalition and former Vice Minister of the MEE, Mr Zhao Yingmin; the Chairman of the Council for Carbon Neutrality and Sustainable Development, Dr Lam Ching-choi; the Secretary General of ICLEI-Local Governments for Sustainability, Mr Gino Van Begin; and Vice-Chairperson of Friends of the Earth (HK) Ms Ophelia Lin.

Mr Poon and Mr Lee also spoke at the roundtable forum of the side event to exchange views with other speakers on accelerating energy transition and achieving carbon neutrality. Dr Lam spoke at another forum session to exchange views with other speakers on the topic of Building Climate-Resilient Cities: Managing Climate and Health Risks.

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) announced today (November 12) that Hong Kong Exchanges and Clearing Limited (HKEX) will become a strategic shareholder of CMU OmniClear Holdings Limited (CMU OmniClear Holdings), strengthening Hong Kong’s capital markets financial infrastructure and advancing the long-term development of Hong Kong’s fixed income and currencies (FIC) ecosystem.

In October 2025, the Exchange Fund managed by the HKMA established CMU OmniClear Holdings with the intention to wholly own CMU OmniClear Limited (CMU OmniClear), established last year to carry out the operations and business development activities of Hong Kong’s central securities depository infrastructure, the Central Moneymarkets Unit (CMU) system, on behalf of the HKMA. To further support the sustainable and diversified growth of Hong Kong’s capital markets, the HKEX is introduced as a strategic shareholder of CMU OmniClear Holdings, acquiring a 20 per cent stake through the subscription of new shares. Upon completion, the Exchange Fund and the HKEX will hold 80 per cent and 20 per cent of CMU OmniClear Holdings, respectively.

Through the partnership, the HKMA and the HKEX will harness their combined resources, technology, talent, and market expertise to facilitate the development of Hong Kong’s post-trade securities infrastructure into a major central securities depository (CSD) in the region. This collaboration will also support the continued commercialisation of CMU and the pursuit of business development initiatives in areas such as expansion of its investor CSD services, asset classes coverage and collateral management services, with the goal of enhancing cross-asset class efficiency in Hong Kong.

The Chief Executive of the HKMA and Chairperson of the Board of Directors of CMU OmniClear Holdings, Mr Eddie Yue, said, “The strategic collaboration between the HKMA, CMU OmniClear and the HKEX marks a significant milestone in the development of Hong Kong’s financial infrastructure. This partnership establishes a strong foundation for transforming CMU into a multi-asset class platform that provides investors with one-stop access to equity and debt securities while facilitating efficient two-way investment flows between the Chinese Mainland, Hong Kong and international markets. Together with the HKEX and CMU OmniClear, we look forward to unlocking synergies and creating many more new business opportunities, further strengthening Hong Kong’s position as a leading international financial centre, global risk management centre and global offshore RMB business hub.”

The Chief Executive Officer at the HKEX, Ms Bonnie Y Chan, said, “We are delighted to be joining forces with the HKMA and CMU OmniClear on this journey to support the next chapter of growth in Hong Kong’s FIC ecosystem. Developing our FIC capabilities sits at the core of the HKEX’s strategic objectives, and this important investment reflects our commitment to building a diversified and vibrant multi-asset class product network, supporting the long-term resilience of our markets. As global investors seek more opportunities centred around our region, we look forward to working with regulators and market participants to further enhance Hong Kong’s status as a global bond fundraising, risk management and offshore RMB business centre, unleashing Hong Kong’s potential as a global FIC hub.”

The HKMA remains the owner and system operator of CMU for the purposes of the Payment Systems and Stored Value Facilities Ordinance. The legal relationships with CMU participants and other system linkages would remain with the HKMA.

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) announces that a tender of 2-year Exchange Fund Notes will be held on November 21, 2025 (Friday) for settlement on November 24, 2025 (Monday), as set out in the published tentative issuance schedule. This is to roll over an issue of 2-year Exchange Fund Notes maturing on the same day. 
 
A total of HK$1,200 million 2-year Notes will be on offer, of which HK$5 million will be made available for offer to members of the public who wish to submit non-competitive tender bids through Hong Kong Securities Clearing Company Limited (HKSCC). If the Notes reserved for non-competitive tender are under-subscribed, the non-subscribed amount will be added to the portion of notes for competitive tender (initially set at HK$1,195 million). The Notes will mature on November 24, 2027 and will carry interest at the rate of 2.40 per cent per annum payable semi-annually in arrears.
 
Members of the public who wish to submit non-competitive tender applications for Notes that are open to HKSCC may do so through Stock Exchange Participants/Brokers, or for those who hold Investor Accounts of the Central Clearing and Settlement System (CCASS) at the HKSCC, directly through HKSCC, for submission to the HKMA for processing. Competitive tender applications for the Notes must be submitted through any of the Eligible Market Makers appointed by the HKMA, with the current published list available on the HKMA’s website at www.hkma.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof for both competitive and non-competitive tender.
 
The tender results will be published on the HKMA’s website, the Refinitiv screen (HKMAOOE), and Bloomberg. Applicants who submitted non-competitive tender bids through HKSCC may also obtain the tender results from Stock Exchange Participants/Brokers, or for applicants who hold Investor Accounts at HKSCC’s CCASS from the CCASS terminal for CCASS Broker/Custodian/Participants and CCASS Phone System.

HKMA Exchange Fund Note Programme Tender Information
——————————————————————

Tender information of 2-Year Exchange Fund Notes:
 

Issue Number	:	02Y2711
Stock code	:	4107 (EFN 2.40 2711)
Tender date and time	:	Friday, November 21, 2025 9.30am to 10.30am
Issue and Settlement Date	:	Monday, November 24, 2025
Amount on offer	:	HK$1,200 million (up to HK$5 million for non-competitive tender)
Commencement of/ Deadline for submission of non-competitive tender bids by retail investors through HKSCC	:	Please refer to requirements as set down by HKSCC
Maturity	:	Two years
Maturity Date	:	Wednesday, November 24, 2027
Interest Rate	:	2.40 per cent p.a.
Interest Payment Dates	:	May 26, 2026 November 24, 2026 May 24, 2027 November 24, 2027
Tender amount	:	Each tender must be for an amount of HK$50,000 or integral multiples thereof for both competitive and non-competitive tender. Members of the public who wish to apply for the Notes through non-competitive tenders that are open to HKSCC may do so through Stock Exchange Participants/Brokers, or for those who hold Investors Accounts at HKSCC’s CCASS, directly through HKSCC. Members of the public who wish to apply for the Notes through competitive tender may only do so through any of the Eligible Market Makers on the current published list.
Other details	:	Please see Information Memorandum published or approach Eligible Market Makers, HKSCC, or brokers who are Exchange Participants of the Stock Exchange of Hong Kong.
Expected commencement date of dealing on the Stock Exchange of Hong Kong	:	Tuesday, November 25, 2025

 
Price/Yield Table of the new EFN at tender for reference* only:
 

Yield-to- Maturity	Price	Yield-to-Maturity	Price
1.40	101.98	2.40	100.03
1.45	101.88	2.45	99.93
1.50	101.78	2.50	99.84
1.55	101.68	2.55	99.74
1.60	101.58	2.60	99.64
1.65	101.48	2.65	99.55
1.70	101.38	2.70	99.45
1.75	101.29	2.75	99.36
1.80	101.19	2.80	99.26
1.85	101.09	2.85	99.17
1.90	100.99	2.90	99.07
1.95	100.90	2.95	98.98
2.00	100.80	3.00	98.89
2.05	100.70	3.05	98.79
2.10	100.61	3.10	98.70
2.15	100.51	3.15	98.60
2.20	100.41	3.20	98.51
2.25	100.32	3.25	98.42
2.30	100.22	3.30	98.32
2.35	100.12	3.35	98.23
2.40	100.03	3.40	98.14

 
*Disclaimer: The information provided here is for reference only. Although extreme care has been taken to ensure that the information provided is accurate and up-to-date, the HKMA does not warrant that all, or any part of, the information provided is accurate in all respects. You are encouraged to conduct your own enquiries to verify any particular piece of information provided on it. The HKMA shall not be liable for any loss or damage suffered as a result of any use or reliance on any of the information provided here.

Source: Hong Kong Government special administrative region – 4

The Chief Executive, Mr John Lee, met the Mayor of Beijing, Mr Yin Yong, at Government House today (November 12) to exchange views on deepening Hong Kong’s co-operation with Beijing. The Secretary for Justice, Mr Paul Lam, SC; the Secretary for Constitutional and Mainland Affairs, Mr Erick Tsang Kwok-wai; the Secretary for Innovation, Technology and Industry, Professor Sun Dong; and the Director of the Chief Executive’s Office, Ms Carol Yip, also attended the meeting.
 
Mr Lee welcomed Mr Yin and his delegation to Hong Kong to attend the 28th Beijing Hong Kong Economic Cooperation Symposium. Mr Lee said that since its establishment, the Hong Kong/Beijing Co-operation Conference mechanism has received great importance and support from the Central Government and the Beijing Municipal Government. Over the years, Beijing and Hong Kong have maintained extensive and close collaboration in various areas, including finance, economy and trade, innovation and technology (I&T), healthcare, and youth exchanges, promoting high-level mutual benefits.
 
Noting that Hong Kong enjoys the dual advantage of having national and global opportunities under the “one country, two systems” principle, Mr Lee said that Hong Kong is fully committed to deepening international exchanges and co-operation, and leveraging its role as a two-way platform for enterprises to go global and attract external investment. The Hong Kong Special Administrative Region Government has established the Task Force on Supporting Mainland Enterprises in Going Global to proactively engage Mainland enterprises to expand overseas via Hong Kong, gathering professionals from various sectors to provide comprehensive support to Mainland enterprises. Mr Lee welcomed more Beijing and Mainland enterprises to use Hong Kong as a springboard in exploring overseas markets and going global.
 
Mr Lee remarked that Beijing, as the country’s capital, boasts strong capabilities in I&T, while Hong Kong ranks third globally in terms of technology in the World Digital Competitiveness Ranking. Hong Kong is vigorously developing into an international I&T centre, including actively advancing the development of the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone and promoting the I&T industry. Mr Lee said that he expects Beijing and Hong Kong to continue deepening I&T co-operation, complementing each other’s strengths and better contributing to the country’s development as a science and technology powerhouse.
 
Mr Lee noted that this year marks the conclusion of the 14th Five-Year Plan period and the preparatory year for the 15th Five-Year Plan. The country will expand the scope of its high-level opening up and explore opportunities of two-way investment co-operation. Hong Kong will continue to actively strengthen its co-operation with Beijing across different areas, jointly serving the country’s high-quality development.