HKMA welcomes CMU’s expanded international network and service offerings

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) welcomes the official launch of the direct linkage between the Central Moneymarkets Unit (CMU) of Hong Kong and SIX of Switzerland today (July 29), which also marks the launch of CMU OmniClear Limited’s (CMU OmniClear) equity post-trade services for the first time.
 
Since its establishment in 2024, CMU OmniClear has been actively driving the internationalisation and commercialisation of CMU’s operations on behalf of the HKMA. The new direct linkage with SIX provides CMU Members with direct access to securities in the Swiss and Spanish markets. This further expands CMU’s global network and connectivity, underscoring Hong Kong’s unparalleled role as a gateway connecting the Chinese Mainland with the international market. 
 
The inaugural launch of CMU OmniClear’s equity post-trade services also demonstrates CMU’s capability to deliver a comprehensive suite of services to its clients, enabling investors to manage their diversified asset portfolios more efficiently and effectively. This milestone is a strong testament to Hong Kong’s dual role as both a “super connector” and a “super value-adder”. 
 
The Chief Executive of the HKMA and the Chairperson of the Board of Directors of CMU OmniClear Holdings Limited, Mr Eddie Yue, said, “We are pleased to see the successful launch of the direct linkage between CMU and SIX, and equity post-trade services by CMU OmniClear. This represents a significant step forward in CMU’s strategic transformation into a one-stop, multi-asset class post-trade securities infrastructure. Looking ahead, CMU will continue to expand its global footprint and enrich its service offerings to meet evolving market demands, thereby further boosting the development of Hong Kong’s fixed income and currency market, and solidifying its leading status as an international financial centre.”
 
CMU is Hong Kong’s central securities depository infrastructure. By the end of June 2026, assets under custody of CMU exceeded HK$5.5 trillion equivalent.

Postal services to France subject to delays

Source: Hong Kong Government special administrative region – 4

Hongkong Post announced today (July 29) that, as advised by the postal administration of France, mail delivery services to postcode areas 33121, 33127, 33138, 33148, 33160, 33185, 33320, 33380, 33510, 33520, 33610, 33680, 33700, 33740, 33950, 33970, 40160, 40460, 40600, and Charente, Charente-Maritime, Corrèze, Creuse, Dordogne, Haute-Vienne, Gironde, Landes, Lot-et-Garonne and Pyrénées-Atlantiques departments are subject to delays due to wildfires.

Smart QS Hackathon 2026 officially launched to jointly build new AI milestone for construction industry

Source: Hong Kong Government special administrative region

     The Smart QS Hackathon 2026, co-organised for the first time by the Housing Bureau and the Hong Kong Housing Authority (HA), Cyberport, and the University of Hong Kong (HKU), was officially launched today (July 29) with a welcome ceremony and briefing session held at Cyberport. The Hackathon aims to explore innovative applications of Artificial Intelligence (AI) in Quantity Surveying (QS) through cross-sector collaboration, facilitating the intelligent transformation of the construction industry and enhancing the management and service effectiveness of public works.

     In her opening remarks at the ceremony, the Secretary for Housing, Ms Winnie Ho, said, “This year marks the beginning of the National 15th Five-Year Plan. Hong Kong proactively aligns with the requirements of national strategies to drive new quality productive forces with innovative technology, accelerating high-quality development in various industries. The Government has laid out a vast blueprint for housing and infrastructure development, and is fully committed to advancing smart city development and smart construction. We aim to boost the digital transformation of the QS industry by leveraging cutting-edge AI solutions, with a view to optimising contract management, expediting payment assessment, and mitigating disputes and project delays, thereby directly enhancing housing construction in terms of speed, quantity, quality and efficiency.

Labour Department to hold webinar on Subsidy Scheme for Abolition of MPF Offsetting Arrangement

Source: Hong Kong Government special administrative region

Labour Department to hold webinar on Subsidy Scheme for Abolition of MPF Offsetting Arrangement      
     The abolition of MPF offsetting arrangement took effect on May 1, 2025. To tie in with the abolition, the LD on the same day launched the 25-year Subsidy Scheme for Abolition of MPF Offsetting Arrangement (SSA) to share out the severance payment/long service payment expenses of employers after the abolition. The key features of the abolition of MPF offsetting arrangement, and the main points and application procedures of the SSA and the Subsidy for Shortfall in Aggregate Benefits will be introduced in the briefing.
      
     The webinar will be conducted in Cantonese via Zoom, and admission is free of charge. The quotas will be allocated on a first-come, first-served basis, and the enrolment deadline is August 18, 2026 (Tuesday). The enrolment form can be downloaded from the TransitionEase Portal (www.offsettingsubsidy.gov.hk/en/pdf/enrolment_form_aug26_e.pdfIssued at HKT 11:30

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Six projects approved in 11th round of Countryside Conservation Funding Scheme

Source: Hong Kong Government special administrative region

Six projects approved in 11th round of Countryside Conservation Funding Scheme      
     The two newly approved CR projects seek to promote countryside revitalisation through organising new in-depth cultural and ecotour activities in the Yan Chau Tong area, showcasing the unique cultural assets and green tourism attractions in the area. Another four newly approved RA projects focus on Sha Lo Tung (SLT), including a comprehensive cultural heritage study and three research projects on a hydrological monitoring network, hydromorphological mapping and a hydrological model respectively. These projects will provide scientific data to support water resources management, habitat conservation and biodiversity in SLT, which assist the Government in formulating precise and cost-effective conservation actions, and facilitate the planning of sustainable cultural and ecotourism.
      
     In addition, the tendering exercise for the new round of the Proactive Conservation Project in SLT approved earlier by the ACCC has been completed in accordance with the Government’s established procurement and tendering procedures. The project commenced on May 1, 2026, with a view to strengthening the conservation of biodiversity in SLT.
      
     A total of 63 projects, involving an aggregate funding amount of around $358 million, have been approved in the 11 rounds of CCFS applications conducted so far, supporting local non-profit-making organisations’ work in promoting different aspects of countryside conservation and revitalisation in areas such as natural ecology, non-graded built heritage, as well as cultural and historic assets. All CCFS applications are examined and considered by the ACCC, which is chaired by the Secretary for Environment and Ecology. Details of the approved projects are available on the CCFS webpage (www.eeb.gov.hk/en/conservation/ccfs/ccfs_approved_projects.htmlIssued at HKT 11:00

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Opening ceremony of first course of Mainland Training Programme for Captains of Hong Kong District Services and Community Care Teams

Source: Hong Kong Government special administrative region – 4

The opening ceremony of the first course of the Mainland Training Programme for Captains of the Hong Kong District Services and Community Care Teams (Care Teams) was held today (July 28) at the National Academy of Governance in Beijing.

At the opening ceremony, the Secretary for Home and Youth Affairs, Miss Alice Mak, said that Care Teams were an important part of the Government’s efforts to enhance district governance. Captains of Care Teams lead team members and volunteers in supporting the Government’s district work. Together with the District Councils and the three District Committees, they form the “troika” of enhanced district governance and shoulder the important responsibility of enhancing district governance. The country attaches great importance to grassroots work, and Care Teams are an integral part of the Hong Kong Special Administrative Region (HKSAR)’s grassroots works. Their contributions are heart warming and meaningful, and are well recognised and valued by the community.

Miss Mak said, “To further strengthen Care Team captains’ understanding of the country’s latest development and grassroots governance on the Mainland, the Government is arranging for captains of Care Teams from various districts to receive training and conduct site visits on the Mainland by batches. This will enable them to gain a deeper understanding of national development and the Mainland’s experience in grassroots governance so that they can apply what they have learned in their future district work and better serve the community.”

Miss Mak added, “This year marks the beginning of the 15th Five-Year Plan period. The HKSAR Government will proactively align with the national development blueprint and complete the formulation of Hong Kong’s First Five-Year Plan. I hope Care Team captains will seize this valuable learning opportunity to understand the content of the National 15th Five-Year Plan and learn from Beijing’s experience in grassroots governance. They should turn what they have learned into practical outcomes in strengthening district governance, continuously optimising district work, and injecting more caring force into the community.”

The programme will last for four days. Participants include captains of Care Teams from all 18 districts of Hong Kong. The training content covers General Secretary Xi Jinping’s important expositions on grassroots governance, and proactive alignment with the overall development of the National 15th Five-Year Plan. Through on-site teaching and visits to sites such as the Museum of the War of Chinese People’s Resistance Against Japanese Aggression, participants will gain multifaceted and in-depth understanding of the country’s experience and practices in grassroots governance. 

After the opening ceremony, Miss Mak called on the Hong Kong and Macao Affairs Office of the State Council and met with Deputy Director of the Hong Kong and Macao Work Office of the Communist Party of China Central Committee and the Hong Kong and Macao Affairs Office of the State Council Ms Zhang Dongmei.

  

Two persons arrested during joint anti-illegal worker operation by Immigration Department and Travel Industry Authority

Source: Hong Kong Government special administrative region

Two persons arrested during joint anti-illegal worker operation by Immigration Department and Travel Industry Authority       
     As there have been suspected illegal workers utilising social media platforms to advertise tour guide and photo-taking services in Hong Kong, the ImmD and the TIA initiated an operation. Officers disguised as customers enquired about and booked services from the suspects. The suspects were subsequently arrested while providing such services in Hong Kong. The arrested illegal workers were women, aged 22 and 31. The ImmD will consider prosecution against them for the offence of breaching conditions of stay.
      
     The ImmD and the TIA have also deployed officers to distribute leaflets to the public and visitors at tourist hotspots, conveying the message of “Don’t employ illegal tour escort or tourist guides”.
      
     An ImmD spokesman said, “Any person who contravenes a condition of stay in force in respect of him or her shall be guilty of an offence. Also, visitors are not allowed to take employment in Hong Kong, whether paid or unpaid, without the permission of the Director of Immigration. Offenders are liable to prosecution and upon conviction face a maximum fine of $50,000 and up to two years’ imprisonment. Aiders and abettors are also liable to prosecution and penalties.”
           
     The spokesman stressed that it is a serious offence to employ people who are not lawfully employable. Under the Immigration Ordinance, the maximum penalty for an employer employing a person who is not lawfully employable, i.e. an illegal immigrant, a person who is the subject of a removal order or a deportation order, an overstayer or a person who was refused permission to land, has been significantly increased from a fine of $350,000 and three years’ imprisonment to a fine of $500,000 and 10 years’ imprisonment to reflect the gravity of such offences. The director, manager, secretary, partner, etc, of the company concerned may also bear criminal liability. The High Court has laid down sentencing guidelines that the employer of an illegal worker should be given an immediate custodial sentence.
      
     According to the court sentencing, employers must take all practicable steps to determine whether a person is lawfully employable prior to employment. Apart from inspecting a prospective employee’s identity card, the employer has the explicit duty to make enquiries regarding the person and ensure that the answers would not cast any reasonable doubt concerning the lawful employability of the person. The court will not accept failure to do so as a defence in proceedings. It is also an offence if an employer fails to inspect the job seeker’s valid travel document if the job seeker does not have a Hong Kong permanent identity card. Offenders are liable upon conviction to a maximum fine of $150,000 and to imprisonment for one year. In that connection, the spokesman would like to remind all employers not to defy the law by employing illegal workers. The ImmD will continue to take resolute enforcement action to combat such offences.
      
     Under the existing mechanism, the ImmD will, as a standard procedure, conduct an initial screening of vulnerable persons, including illegal workers, illegal immigrants, sex workers and foreign domestic helpers, who are arrested during any operation with a view to ascertaining whether they are trafficking in persons (TIP) and/or forced labour victims. When any TIP and/or forced labour indicator is revealed in the initial screening, the ImmD officers will conduct a full debriefing and identification by using a standardised checklist to ascertain the presence of TIP and/or forced labour elements. Identified TIP and/or forced labour victims will be provided with various forms of support and assistance, including urgent intervention, medical services, counselling, shelter or temporary accommodation and other supporting services. The ImmD calls on TIP and/or forced labour victims to report crimes to the relevant departments immediately.
      
     For reporting illegal employment activities, please call the dedicated hotline 185 185, fax at 2824 1166, email anti_crime@immd.gov.hkIssued at HKT 19:33

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CFS finds trace of nitrofuran metabolite in rabbitfish sample

Source: Hong Kong Government special administrative region – 4

     The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department today (July 28) announced that a trace amount of metabolite of nitrofuran (AOZ), a non-permitted veterinary drug, was found in a rabbitfish sample. A follow-up investigation is in progress.

     A CFS spokesman said, “The CFS collected the above-mentioned rabbitfish sample from a licensed fresh provision shop in Kowloon City for testing under its routine Food Surveillance Programme. The test result showed that it contained AOZ at a level of 7 parts per billion.

     The CFS has informed the vendor concerned of the irregularity. According to the information provided by the vendor, there was no remaining stock of the affected batch. The CFS will trace the source and distribution of the affected product.

     ​The CFS will continue to follow up on the incident and take appropriate action. The investigation is ongoing.

UGC Chairman responds to HKU President’s departure upon completion of current term

Source: Hong Kong Government special administrative region – 4

The following press release is issued on behalf of the University Grants Committee:

     On the announcement of the departure of the President and Vice-Chancellor of the University of Hong Kong (HKU), Professor Zhang Xiang, upon completion of his current term in 2028, the Chairman of the University Grants Committee (UGC), Mr Tim Lui, expressed respect for Professor Zhang’s decision and extended sincere gratitude for his contributions to Hong Kong’s higher education over the years.

     Mr Lui said, “HKU has consistently ranked among the world’s top universities and has long been committed to attracting world-class academic talent. On behalf of the UGC, I would like to thank Professor Zhang for his leadership in HKU’s development over the past few years. I look forward to the university community upholding the spirit of innovation and continuing to contribute to the development of Hong Kong and the nation.”

Counter-terrorism drill concludes

Source: Hong Kong Information Services

The Customs & Excise Department, in collaboration with the Immigration Department, conducted a joint counter-terrorism exercise today at the Shenzhen Bay Control Point.

About 100 officers from both departments participated in the drill.

The exercise simulated a joint operation during a major festival, targeting an outbound private car with a driver and passenger suspected of being linked to terrorist activities.
 

Officers detected suspected terrorism-related items and forged travel documents inside the vehicle.

During the examination, a suspected bomb device was discovered at the outbound private car kiosk. Officers immediately initiated an emergency plan and evacuated everyone at the scene in a safe and orderly manner.

This exercise enhanced frontline officers’ counter-terrorism awareness and intelligence-handling capabilities. It also strengthened inter-departmental co-ordination and communication in response to terrorism-related emergencies, protecting public safety and safeguarding national security.