Source: Hong Kong Government special administrative region
Government sells Kwun Tong site for purpose of electric vehicle fast charging cum liquefied petroleum gas filling station
A spokesperson for the Environment and Ecology Bureau (EEB) said, “To promote the green transformation of vehicles and to achieve zero vehicular emissions before 2050, the Government released in February this year the Updated Version of the Hong Kong Roadmap on Popularisation of Electric Vehicles which outlines the updated strategies and measures adopted by the Government to promote the popularisation of EVs, including a multipronged approach and leveraging market forces through policy guidance to build the public charging network with fast chargers as the backbone, thereby fully supporting the adoption of EVs in Hong Kong. The Government has put forth through open tender six petrol filling station (PFS) sites for fast charging station (FCS) purposes. In addition to being used as an FCS for EVs, a requirement to install LPG dispensers is also included in the site of this sale, so as to replace the dedicated LPG filling station at Wai Lok Street, Kwun Tong (KTDFS) that has to be reprovisioned to facilitate the development of the new campus of the Vocational Training Council.”
“Moreover, the area for retail use in the site of this sale is larger than that of a conventional PFS, providing operators with more flexibility to use such area to meet the needs of EV and LPG vehicle drivers. The Government will, subject to actual market needs, timely select suitable PFS sites for conversion into FCSs.”
New Kowloon Inland Lot No. 6681 has a site area of 5 896 square metres and is designated for EV fast charging cum LPG filling station purposes. Land sale documents, including the forms of tender, tender notice, conditions of sale and sale plan of the lot, are now available on the Lands Department (LandsD) website (www.landsd.gov.hk
The spokesperson continued, “In order to encourage owners of taxis and public light buses to expedite the adoption of electric taxis (e-taxis) and electric public light buses (e-PLBs), a charging ceiling price for e-taxis and e-PLBs is imposed at designated FCSs. The operators of designated FCSs must not charge a price that is higher than the ceiling price to be announced by the Environmental Protection Department (EPD) on a monthly basis. The charging price for other EVs will be determined by the market. For details about the calculation of charging ceiling prices for e-taxis and e-PLBs, please refer to the EEB website (www.eeb.gov.hk/en/resources_publications/guidelines/index.htmlIssued at HKT 11:00
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Appointments to Advisory Committee of Accounting and Financial Reporting Council announced
Source: Hong Kong Government special administrative region
Appointments to Advisory Committee of Accounting and Financial Reporting Council announced
Chairman
———–
Dr David Sun Tak-kei (Chairman of the AFRC)——————————————————
Mr Clement Chan Kam-wing*
Ms Ivy Cheung Wing-han*
Mr Stephen Fung Sing-hong*
Ms Janey Lai Chui-pik (Chief Executive Officer of the AFRC)
Mr Edward Lau Fu-keung*
Ms Elizabeth Law*
Mr Patrick Law Fu-yuen*
Ms Doris Lian Shaodong*
Dr Webster Ng Kam-wah*
Dr Christopher To Wing*
Ms Flora Wang Fang*
Mr Edmund Wong Chun-sek*
Ms Daisy Yeung*
The Advisory Committee was established on August 1, 2022 to advise the AFRC on matters of policy regarding any of the AFRC’s objectives and functions under the new regulatory regime of the accounting profession. It comprises the AFRC Chairperson and Chief Executive Officer, as well as government-appointed members who are practitioners, service users and other stakeholders of the accounting profession. The government-appointed members are empowered to second nominations of candidates in the Council elections of the Hong Kong Institute of Certified Public Accountants.
Issued at HKT 16:00
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“HA Risk Alert” latest issue published
Source: Hong Kong Government special administrative region
“HA Risk Alert” latest issue published
In the first quarter of 2026 (January to March), there were seven sentinel events reported, comprising three cases of retained instruments/material after surgery/interventional procedure, three cases of surgery/interventional procedure involving the wrong body part and one case of inpatient suicide. In addition, there were 26 reported serious untoward events related to medication errors.
“Subsequent to the incident reviews and analyses of the root causes of these incidents, important lessons for patient safety have been identified, while recommendations are made and shared in this publication to avoid similar events in the future,” the HA spokesperson said.
The HA Head Office has released the latest “HA Risk Alert” to all staff. It can also be accessed by the public at www.ha.org.hk/riskalertIssued at HKT 16:00
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Preliminary Report and Public Notice on Airbus A330-343 passenger aircraft accident released
Source: Hong Kong Government special administrative region – 4
The Air Accident Investigation Authority (AAIA) today (July 31) released the Preliminary Report and Public Notice PLR-2026-02 on an accident involving an Airbus A330-343 passenger aircraft operated by Cathay Pacific Airways Limited (registration mark B-HLQ) on July 3, 2026. The aircraft was arriving at Hong Kong from Narita, Japan. While on approach to the South Runway of Hong Kong International Airport, the crew decided to initiate a go-around to position for another landing, during which the bottom of the fuselage in the tail area was damaged after contacting the runway. The aircraft eventually returned for a normal landing on the North Runway.
A spokesperson for the AAIA said that the Preliminary Report has been published to provide factual information established in the investigation’s early-evidence collection phase to both the aviation industry and general public in a timely manner, and should be regarded as tentative. The full report is available for download from the AAIA webpage (www.tlb.gov.hk/aaia/eng/investigation_reports/index.html).
“The investigation team is conducting a detailed analysis of the data and information collected in order to determine the circumstances and causes of this occurrence with a view to preventing a recurrence in conjunction with identifying areas for further investigation or lines of inquiry to follow up,” the spokesperson said.
The AAIA, an independent investigation authority formed under the Transport and Logistics Bureau, is responsible for the investigation of civil aircraft accidents and incidents in accordance with the Hong Kong Civil Aviation (Investigation of Accidents) Regulations (Cap. 448B) and with reference to the International Civil Aviation Organization’s standards.
Mainland University Study Subsidy Scheme Opens for New Applications; SCOLAR’s Biannual Publication: “Language and You”—2nd Issue (30th Anniversary Edition)
Source: Hong Kong Government special administrative region – 3
The Standing Committee on Language Education and Research (SCOLAR) is committed to collaborating with various stakeholders and utilising the Language Fund to support initiatives that enhance public proficiency in biliteracy and trilingualism. To celebrate SCOLAR’s 30th anniversary this year and further foster the public’s interest and practical skills in languages, we are pleased to announce the launch of the 2nd issue (30th Anniversary Edition) projecting a vision for future language development development in language education through theoretical exploration and teaching reflection
3. “Language around You overlooked linguistic phenomena that permeate our daily life
4. “Language from You applied wisdom and innovative practices in language emanating from our community
Cases of making ex gratia payments from Protection of Wages on Insolvency Fund gazetted
Source: Hong Kong Government special administrative region
Cases of making ex gratia payments from Protection of Wages on Insolvency Fund gazetted
For details of the notices, please refer to Government Notice Numbers from 4677 to 4703 on the website of the eGazette of the Government Logistics DepartmentIssued at HKT 14:30
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Leasing arrangements announced for public market stalls in August
Source: Hong Kong Government special administrative region
Leasing arrangements announced for public market stalls in August
Details of the open auctions and the public market stalls concerned (including stalls for open auction at reduced upset prices) have been uploaded to the FEHD website (www.fehd.gov.hk/english/pleasant_environment/tidy_market/open_auction_coming.htmlIssued at HKT 18:07
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Government reappoints members to Air Transport Licensing Authority
Source: Hong Kong Government special administrative region
Government reappoints members to Air Transport Licensing AuthorityMr Victor Dawes, SCMr Chan Chi-kin
Professor Fong Yuk-fai
Ms Fung Po-yee
Ms Jasmine Lee Shun-yi
Mr Alan Lui Siu-lun
Mr Suen Jenkin, SC
Miss Sara Tong See-pui, SC
Ms Avon Yue Nga-fong
Issued at HKT 17:00
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Monetary Statistics for June 2026
Source: Hong Kong Government special administrative region
Monetary Statistics for June 2026
Total loans and advances increased by 1.3 per cent in June, and increased by 6.4 per cent in the first half of 2026. Among the total, loans for use in Hong Kong (including trade finance) and loans for use outside Hong Kong increased by 1.4 per cent and 1.0 per cent respectively in June. The Hong Kong dollar loan-to-deposit ratio increased to 71.5 per cent at the end of June from 71.0 per cent at the end of May, as Hong Kong dollar loans increased at a faster pace than Hong Kong dollar deposits.
For the second quarter of 2026 as a whole, loans for use in Hong Kong (including trade finance) increased by 3.0 per cent after increasing by 3.0 per cent in the previous quarter. Analysed by economic use, the increase in loans during the second quarter was mainly led by loans to financial concerns and loans to manufacturing.
Hong Kong dollar M2 and M3 both increased by 0.8 per cent in June, and both increased by 2.6 per cent when compared to a year ago. The seasonally-adjusted Hong Kong dollar M1 decreased by 1.0 per cent in June, and decreased by 3.0 per cent compared to a year ago, reflecting in part investment-related activities. Total M2 and total M3 both increased by 0.1 per cent in June. Compared to a year earlier, total M2 and total M3 both increased by 9.2 per cent.
As monthly monetary statistics are subject to volatilities due to a wide range of transient factors, such as seasonal funding demand as well as business and investment-related activities, caution is required when interpreting the statistics.
Issued at HKT 16:30
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Residential mortgage loans in negative equity: End of June 2026
Source: Hong Kong Government special administrative region
Residential mortgage loans in negative equity: End of June 2026
The estimated number of RMLs in negative equity was 4 356 cases at end-June 2026, down by 61.9 per cent from 11 424 cases at end-March 2026. These cases were mainly related to bank staff housing loans or RMLs under mortgage insurance programme, which generally have a higher loan-to-value ratio.
The aggregate value of RMLs in negative equity decreased by 64.4 per cent to HK$19.6 billion at end-June 2026, compared with HK$55 billion at end-March 2026.
The unsecured portion of these loans decreased to HK$0.9 billion at end-June 2026 from HK$2.8 billion at end-March 2026.
The three-month delinquency ratio of RMLs in negative equity increased to 1.25 per cent at end-June 2026 from 0.5 per cent at end-March 2026, as the aggregate value of RMLs in negative equity fell at a faster pace than the aggregate value of delinquent RMLs in negative equity.
It is important to note that the figures derived from this survey relate only to RMLs provided by authorised institutions on the basis of first mortgages and which the reporting institution knows to be in negative equity (i.e. the outstanding loan amount with the reporting institution exceeds the current market value of the mortgaged property). Not included in these figures are RMLs associated with co-financing schemes which would be in negative equity if the second mortgages were taken into account. The extent to which such RMLs are in negative equity is not known because authorised institutions do not maintain records on the outstanding balances of the second mortgages.
The mortgage portfolios of the surveyed authorised institutions represent about 99 per cent of the industry total. The survey results have been extrapolated to estimate the position of the banking sector as a whole.
Issued at HKT 16:30
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