Art March brings culture to life

Source: Hong Kong Information Services

Bamboo artist Inkgo Lam, who apprenticed under Hong Kong bamboo steamer master Lui Ming, is known for blending traditional bamboo craftsmanship with contemporary aesthetics.

Ms Lam is one of the 19 artists taking part in the Hong Kong Museum of Art’s newly launched “Live: Hong Kong Art Exhibition”.

She is presenting two bamboo carvings, Arrow (1) and Arrow (2). Using an arrow and a target as a metaphor for how people pursue goals, the works convey two contrasting states – balance and explosion.

Meanwhile, kinetic installation artist Joseph Chan brings audiences a distinctive carousel making its public debut. Titled Pride of Labour, the fully mechanical work is assembled from machine parts. But there is something different about the three horses – upon closer inspection they are seen to walk on human legs.

Mr Chan encourages visitors to look closely at their gait, thereby sparking curiosity and a spirit of exploration.

Staged to mark Art March, the “Live: Hong Kong Art Exhibition” brings together 19 established and emerging local artists. Spanning a range of media, including installation, ceramics, painting and more – it offers audiences a visual feast.

Vibrant convergence
Hong Kong Museum of Art Curator (Modern & Hong Kong Art) Prudence Ma said Art March is the artists’ moment in the spotlight, allowing them to showcase their works and engage directly with international curators, critics and collectors from around the globe.

She noted that during Art March, Hong Kong will host numerous arts and cultural events, including international commercial art fairs as well as the Hong Kong Museum of Art’s “Live: Hong Kong Art Exhibition”.

“This dynamic interplay of international art and Hong Kong art has fully demonstrated the value of Hong Kong.”

Fellow artists were also full of praise for how Art March has benefited them in practical ways.

Ms Lam revealed that artists that participate in the exhibition receive an artist’s fee, and that she had actually sold works to private collectors at other art fairs in the past. She believes that it is a win-win for artists when commercial fairs and museum exhibitions run in parallel.

Mr Chan also agreed that Art March serves as a valuable opportunity for artists to reach curators and potential buyers more easily, adding that he welcomes the opportunity for more people to come view his kinetic installation works.

Creative community
The artistic vibe is also alive at Oi! in North Point, the former clubhouse of the Royal Hong Kong Yacht Club.

Every Art March, Oi! presents its “Oi! Spotlight” series. Oi! Curator Joan Chung said the venue’s two new exhibitions this year both take water as their point of entry, echoing the historic building’s locationby the waterfront.

One of them, local artist Chan Wai-lap’s “Jeremy’s Bathhouse”, is set in Oi!’s glass house.

The artist explained that the work draws inspiration from a rare species of snail whose shell coils to the left – a one in 40,000 phenomenon – discovered in the UK. The snail called Jeremy is seeking a similar lefty companion or friends.

Mr Chan combined the story with the site’s features to create a colourful bathhouse. Visitors must change into slippers at the entrance before entering the pool area. Each locker compartment holds only one slipper, requiring visitors to match the left and right themselves – a detail that makes the experience all the more special.

Beyond Oi!, he is also presenting his work at other fairs during Art March, including the aforementioned “Live: Hong Kong Art Exhibition.”

Mr Chan highlighted that there is more buzz around the art world in the wider community during Art March.

“People have suddenly become highly enthusiastic about art, which I see as positive, as artists get the chance to present their work and the public gets to admire more as well. Everyone really enjoys this month.”

Another exhibition, “Oi! Spotlight – Space · Ecology · Poetics: Zheng Jing’s Way of Art”, is Chinese Mainland artist Zheng Jing’s first solo show in Hong Kong.

Using water, sound and light, the works interact with the space itself.

Mr Zheng recalled the memories he formed of Hong Kong during his childhood through watching its films and television shows, so when he first visited the city two years ago, it felt already familiar to him.

In one piece, Mr Zheng gathered a range of Hong Kong’s urban sounds, from the trams’ signature “ding-ding” to the tune of the local ice-cream truck, and presented them as a soundscape in the space, alongside imagery of Victoria Harbour. Visitors are able to manipulate light from a mirrored installation, tracing through the waves so they feel as if they are beneath the waters of the harbour.

The artist added that his understanding of Art March has deepened while preparing for the exhibition.

“Art exhibitions held across Hong Kong throughout March are perhaps more than a festival. They are artists and creators exchanging and presenting work together, revealing a distinctive side of the city.”

Curator Ms Chung supplemented that Art March has become a cultural brand for Hong Kong, promoting collaboration among artists and curators and raising the sector’s professional standards.

She pointed out that by building an international platform and gathering artists from Hong Kong, the Chinese Mainland and overseas, Art March plays a crucial role in reinforcing Hong Kong’s position as an East-meets-West centre for international cultural exchange.

2026 Wealth for Good in HK Summit concludes, showcasing city’s appeal as global family-office hub

Source: Hong Kong Government special administrative region

     The fourth edition of the Wealth for Good in Hong Kong (WGHK) Summit concluded today (March 24) under the theme “Building Lasting Legacies”, bringing together over 400 influential top family office decision-makers, next-generation successors, industry leaders and pioneers from around the world to explore new perspectives for multi-generational succession and sustained wealth growth for global family offices.
      
     Co-organised by the Financial Services and the Treasury Bureau and Invest Hong Kong (InvestHK), the WGHK Summit drew family office decision-makers from Asia, Europe, the Americas, the Middle East, Oceania, and Africa to Hong Kong for in-depth discussions on topics ranging from cross-generational wealth management and cultural legacy to technological innovation and philanthropy.
      
     Delivering opening remarks at the gala dinner, the Financial Secretary, Mr Paul Chan, said, “Facing risks and uncertainty, investors diversify by necessity. Families seeking to preserve their legacy look for a safe haven—not merely a place to park capital, but a place with institutional strengths, legal clarity and credible commitments.

     “Hong Kong is not only a safe harbour. It is also a city of business opportunities, and a platform for growth, for connection and for the purposeful deployment of capital. For families from around the world, Hong Kong is, no doubt, the best gateway to tap the enormous opportunities on the Mainland. International capital and investors are optimistic about Hong Kong. Our stock market performed strongly last year. And our asset and wealth management is also thriving. We are also opening up new frontiers, including gold and commodity trading, as well as fixed income and currency markets, which will further enrich our financial ecosystem.”
      
     The Deputy Financial Secretary, Mr Michael Wong, delivered welcome remarks at the Summit and said, “Hong Kong is a perfect base to support the prudent diversification of the investments by family offices. The world is getting more uncertain. Many conflicts are escalating and proceeding in a manner that is increasingly worrying and concerning. Against this global backdrop, Hong Kong offers something that is quite rare and precious. Under ‘one country, two systems’, Hong Kong provides an economic and business environment with policy predictability and institutional trust. Our common law legal system, independent judiciary, open economy, free flow of capital, freely convertible currency, and simple tax regime all work together to provide a welcoming and dependable home for wealth that lasts through generations.”
      
     Speaking at the Summit, the Secretary for Financial Services and the Treasury, Mr Christopher Hui, said, “As we gather under the visionary banner of ‘Building Lasting Legacies’, I want to frame our discussions through a lens that truly defines Hong Kong: Safe, Stable and Sophisticated. It is the bedrock upon which global family offices are choosing to build, preserve and multiply generational wealth. Each session of today’s Summit has reinforced one fundamental truth: Hong Kong offers the safe harbour, the policy stability and the sophisticated ecosystem that ambitious families need to turn vision into lasting impact. Our Government remains fully committed to strengthening this foundation to drive Hong Kong as a nexus of legacies and innovation.”
      
     Mr Hui highlighted that wealth succession is not only about growing fortune, but also about carrying forward core values across generations. He said that the Hong Kong Academy for Wealth Legacy is turning vision into action through its flagship philanthropic initiative, Impact Link (iLink). Since its launch, iLink has organised 17 workshops and seminars, equipping and inspiring over 700 family participants with the knowledge and confidence to begin their philanthropic journeys. Last June, the launch of the iLink Online Portal connected 55 family partners and strategic partners who together nominated 12 non-governmental organisations and charitable projects, offering families international connectivity and information collection for structured, informed decision making in charitable giving. Mr Hui described it as “Wealth for Good in its purest and most inspiring form”.
      
     The Director-General of Investment Promotion at InvestHK, Ms Alpha Lau, said, “Hong Kong stands as a leading global hub for wealth management, innovation, culture, and philanthropy. The WGHK Summit’s gathering of family leaders from across the globe fully embodies Hong Kong’s role as a super-connector. InvestHK will continue to serve as a bridge, providing comprehensive strategic support and on-the-ground facilitation for global families, transforming the collaborative opportunities sparked at the Summit into tangible outcomes of ‘Building Lasting Legacies’ in Hong Kong.”
      
     This year’s WGHK Summit featured one fireside chat and three panel discussions. The opening fireside chat on “Beyond the Scoreboard: Sports, Philanthropy, and Building Lasting Legacies” explored how sports and philanthropy can complement each other to create positive impacts. The three panel discussions, themed “Family Office Playbook: Governance, Capital, and Values Across Generations”, “Lasting Culture: Owning Demand, Building Communities, Creating Legends”, and “Lasting Change: AI, Robotics, and Building the Future Together”, invited helmsmen of internationally renowned family businesses, brand leaders, and tech pioneers to delve into cross-generational wealth planning and family governance, brand building, and how cutting-edge technologies are co-building the future.  
      
     A number of distinguished guest speakers shared their insights at the Summit.
      
     Co-CEO and Chief Scientific Officer of Insilico Medicine, Dr Ren Feng, said, “Hong Kong plays a pivotal role at the intersection of two strategic pillars – frontier technology and life sciences. Built on a strong research base, an efficient capital market, and a forward-looking commitment to AI and technologies, Hong Kong not only provides fertile ground for companies like Insilico Medicine to translate breakthrough technologies into real-world impact but also serves as a distinctive global hub for capital and family offices – bridging long-term value investors with cutting-edge biopharmaceutical innovation. At WGHK2026, we showcased how AI is reshaping the traditional drug discovery and development paradigm and explored how family office investors can play a catalytic role in this technological transformation – together shaping the future of global health.”
      
     “Hong Kong’s decision to position itself as a cultural hub where East truly meets West makes it the natural springboard for family-run heritage brands,” says Representative of Major Shareholder of Leica Camera AG, Mr Maximilian Kaufmann. “World-class infrastructure and seamless connectivity link people, ideas and businesses here, giving companies like ours the ideal platform to share our story across Asia. Having grown up inside Leica and learning from a father who always shouldered responsibility, I see Hong Kong as the place where tradition and entrepreneurship can thrive side by side.”
      
     Founder of Yao Foundation, former Chairman of Chinese Basketball Association and NBA All-Star, Mr Yao Ming, said, “Hong Kong is where East and West meet, Chinese and other cultures converge. Those who are more inclusive, more open, and more diverse will have more opportunities, and are more likely to spark the greatest inspiration and innovation. That is Hong Kong’s most distinctive and valuable advantage. I’m happy to continue serving as a bridge between East and West – bringing different visions and people together, and supporting one another to succeed, so that everyone benefits.”
      
     The Summit kicked off with a spectacular and powerful joint performance by the Diocesan Boys’ School Chinese Drum Team and robotic drummers that quickly caught the eyes of the floor. Seeing youngsters collaborating with smart technology on stage perfectly echoed the Summit’s theme of “Building Lasting Legacies”. This harmonious fusion of traditional artistry and frontier innovation symbolised how the next generation is embracing their mission to forge the future with innovative thinking.
      
     It was a successful conclusion for the Summit with a gala dinner where worldwide family office decision-makers and industry leaders continued their exchanges against the backdrop of Victoria Harbour, delving into cross-generational succession, asset allocation, and collaborative opportunities. The two-day programme covered three major areas – wealth management, cultural branding, and smart technology – facilitating numerous cross-sector dialogues and exploration of potential collaborations, further consolidating Hong Kong’s leading position as a global family-office hub.

Apple Daily companies dissolved

Source: Hong Kong Information Services

The Acting Chief Executive-in-Council (CE-in-C) today ordered the Registrar of Companies to strike off three companies relating to Apple Daily from the Companies Register and these companies have been dissolved.

The CE-in-C invoked the Hong Kong National Security Law (HKNSL) and the Companies (Winding Up & Miscellaneous Provisions) Ordinance to strike off the three companies – Apple Daily Limited, Apple Daily Printing Limited and AD Internet Limited.

The registrar has thereupon struck the three companies off the Companies Register and published a notice in the gazette. The companies have been dissolved.

In the case, Lai Chee-ying and the three companies relating to Apple Daily were prosecuted with a total of three charges of offences endangering national security.

The court convicted Lai Chee-ying and the three companies relating to Apple Daily of all charges and handed down sentences on February 9. Amongst others, the three companies relating to Apple Daily were each sentenced to a fine of $3,004,500.

The court pointed out that without the facilitation from the three companies relating to Apple Daily, two of the charges in this case could not have occurred, and that there were no valid mitigating factors in respect of the three companies.

HKNSL Article 31 stipulates that the operation of an incorporated or unincorporated body such as a company or an organisation shall be suspended or its licence or business permit shall be revoked if the body has been punished for committing an offence under that law.

The Hong Kong Special Administrative Region Government said it is necessary to revoke the registration of the three companies relating to Apple Daily, and prohibit the operation or continued operation of the three companies in the Hong Kong SAR, in order to effectively safeguard national security.

The Secretary for Security issued written notices to the three companies relating to Apple Daily respectively on February 11, affording them an opportunity to make representations regarding the intention of the Secretary for Security to make recommendation to the CE-in-C. Replies were received from the directors of the three companies on February 25, confirming that there were no representations from those companies.

Taking into account all the relevant circumstances of the case, including the conviction and severity of the offences committed by the three companies relating to Apple Daily and the recommendation by the Secretary for Security, the Acting CE-in-C today ordered the Registrar of Companies to strike the three companies relating to Apple Daily off the Companies Register.

The three companies have been dissolved and become prohibited organisations. Any person who engages in the acts specified in the Safeguarding National Security Ordinance commits an offence, including acting as an office-bearer or a member of a prohibited organisation; and giving aid of any kind to a prohibited organisation, and is liable on conviction to a maximum fine of $1 million and imprisonment for 14 years.

The Government appeals to members of the public not to participate in any activities of prohibited organisations or have any connection with them.

Wealth summit concludes

Source: Hong Kong Information Services

The fourth edition of the Wealth for Good in Hong Kong Summit concluded today, bringing together over 400 influential top family office decision-makers, next-generation successors, industry leaders and pioneers from around the world to explore new perspectives for multi-generational succession and sustained wealth growth for global family offices.

Co-organised by the Financial Services & the Treasury Bureau and Invest Hong Kong, under the theme “Building Lasting Legacies”, the summit drew family office decision-makers from Asia, Europe, the Americas, the Middle East, Oceania and Africa to Hong Kong for in-depth discussions on topics ranging from cross-generational wealth management and cultural legacy to technological innovation and philanthropy.

Delivering remarks at the gala dinner, Financial Secretary Paul Chan said that facing risks and uncertainty, investors diversify by necessity. Families seeking to preserve their legacy look for a safe haven – not merely a place to park capital, but a place with institutional strengths, legal clarity and credible commitments.

“Hong Kong is not only a safe harbour. It is also a city of business opportunities, and a platform for growth, for connection and for the purposeful deployment of capital. For families from around the world, Hong Kong is, no doubt, the best gateway to tap the enormous opportunities on the Mainland.”

Deputy Financial Secretary Michael Wong delivered welcome remarks at the summit, noting that the world is getting more uncertain. He said many conflicts are escalating and proceeding in a manner that is increasingly worrying and concerning. Against this global backdrop, Hong Kong offers something that is quite rare and precious.

“Under ‘one country, two systems’, Hong Kong provides an economic and business environment with policy predictability and institutional trust. Our common law legal system, independent judiciary, open economy, free flow of capital, freely convertible currency and simple tax regime all work together to provide a welcoming and dependable home for wealth that lasts through generations.”

Also speaking at the summit, Secretary for Financial Services & the Treasury Christopher Hui said: “As we gather under the visionary banner of ‘Building Lasting Legacies’, I want to frame our discussions through a lens that truly defines Hong Kong: Safe, Stable and Sophisticated. It is the bedrock upon which global family offices are choosing to build, preserve and multiply generational wealth.

“Our Government remains fully committed to strengthening this foundation to drive Hong Kong as a nexus of legacies and innovation.”

This year’s summit featured one fireside chat and three panel discussions. The fireside chat explored how sports and philanthropy can complement each other to create positive impacts.

The three panel discussions invited helmsmen of internationally renowned family businesses, brand leaders and tech pioneers to delve into cross-generational wealth planning and family governance, brand building and how cutting-edge technologies are co-building the future.

The summit concluded with a gala dinner where worldwide family office decision-makers and industry leaders continued their exchanges, delving into cross-generational succession, asset allocation and collaborative opportunities.

Speech by DFS at Wealth for Good in Hong Kong Summit 2026 (English only)

Source: Hong Kong Government special administrative region

Following is the speech by the Deputy Financial Secretary, Mr Michael Wong, at the Wealth for Good in Hong Kong Summit 2026 today (March 24):

Secretary for Financial Services and Treasury, the Honourable Mr Chris Hui, Permanent Secretary Ms Salina Yan (Permanent Secretary for Financial Services and the Treasury (Financial Services)), distinguished guests, ladies and gentlemen,

Good afternoon. Let me start by extending to all of you a warm welcome. Hong Kong launched this Summit three years ago, and I am glad to say it was an instant success.

A key goal of the Summit is to showcase what Hong Kong has to offer as a premier hub for family offices. When we started back in 2023, Hong Kong had about 2 700 single family offices. Now, the number is close to 3 400. The increase shows that more and more family offices around the world are recognising the huge benefits, and excellent services, that Hong Kong has to offer.

The theme of this year’s Summit is “Building Lasting Legacies”. We believe that family office is not just about investment performance. It is also about ensuring that precious family values can be passed on from generation to generation. It is about a lasting legacy.

This afternoon, I would like to share with you, quickly, three observations about how Hong Kong can contribute.

My first observation is that Hong Kong is a perfect base to support the prudent diversification of the investments by family offices. The world is getting more uncertain. Many conflicts are escalating and proceeding in a manner that is increasingly worrying and concerning.

Against this global backdrop, Hong Kong offers something that is quite rare and precious. Under “one country, two systems”, Hong Kong provides an economic and business environment with policy predictability and institutional trust. Our common law legal system, independent judiciary, open economy, free flow of capital, freely convertible currency, and simple tax regime all work together to provide a welcoming and dependable home for wealth that lasts through generations – a home that is hard to find, or duplicate, in this complicated world.

And we have a very vibrant financial market. Yes, it does have its ups and downs like all markets do. But, in overall terms, there is great momentum and the direction of development is very promising. The total market capitalisation of our stock market rose to over US$6 trillion last year. And Hong Kong reclaimed the number one position as the world’s leading IPO venue, raising about US$36 billion from 119 new listings. The year 2026 would most likely be another very productive year, as over 400 companies are applying to list in Hong Kong.

My second observation this afternoon relates to Hong Kong’s family-office-friendly ecosystem. As I mentioned, Hong Kong is now home to close to 3 400 single family offices.

Assets under management in Hong Kong rose to over US$4.5 trillion in 2024, which was 11 times our GDP. And we saw inflows of about US$46 billion to Hong Kong-domiciled funds. In terms of the number of ultra-high-net-worth individuals, Hong Kong ranks second in the world.

Building on this strong momentum, we will introduce more policies and measures to give family offices even stronger support. One example is the New Capital Investment Entrant Scheme, under which qualified investors will be allowed to reside in Hong Kong under appropriate terms. This scheme started operation in March 2024, and has since attracted nearly 3 200 applications. It means an anticipated investment of over US$12 billion in Hong Kong.

And we will also expand the preferential tax regimes for funds, family-owned investment holding vehicles of single family offices and carried interest. Family offices in Hong Kong will soon enjoy more flexibility as their investment portfolio evolves. At a time when family offices increasingly turn their attention to investment tools such as private credit, precious metals and commodities, carbon credits, insurance-linked securities, and digital assets, our preferential tax regimes will also evolve in a timely manner to suit their changing needs. This will be done through a piece of new legislation, which should be ready within the first half of this year.

My third, and last, observation this afternoon relates to legacy. Building a lasting legacy demands more than sound investment decisions. It depends also on robust succession architecture, cultural depth, and convictions about our future.

That is why Hong Kong is strengthening our institutional architecture to support philanthropy and the passing on of wealth from one generation to the next. We have introduced tax incentives specifically designed to encourage philanthropic giving. We do not have any estate duty, any capital gains tax, or any tax on dividends. Sounds like music to the ears of family office managers. I know. But here I am telling the truth, the whole truth, and nothing but the truth.

Also, we understand that arts and cultural assets are an increasingly important component of family wealth. Hong Kong is therefore also working very hard to strengthen our arts and culture infrastructure. We opened the M+ Museum near the end of 2021. In a space of just a few years, this wonderful museum has gained a strong reputation as Asia’s first global museum of visual culture. Right next to M+ is the Hong Kong Palace Museum, which opened in 2022, to house national treasures from Beijing’s Forbidden City. These two museums, together with the marvellous West Kowloon Cultural District, have become the must-see places for many of our visitors from all over the world.

Right this month, Hong Kong is hosting more than 100 arts and cultural events, including Art Basel Hong Kong and Art Central, both of which will open this week. Do go and take a look. You will find yourselves in the good company of many international art lovers and traders, and may even find some great art pieces to add to your enormous family collection.

We will also enhance key components of the art lifecycle in Hong Kong. A museum-grade facility dedicated to the storage of art and high-value assets will be built within SKYTOPIA, which is Hong Kong’s airport city. This facility is scheduled to open early next year. SKYTOPIA will integrate art storage and trade, yacht and water sports, culture and leisure, and much, much more.

Ladies and gentlemen, before I close I would like to leave you with the idea that you are not just observers of Hong Kong’s efforts to be a premier hub for family offices. You are our partners, our fellow co-builders. Together, we will build not just wealth, but legacies that can withstand the test of time for generations and generations to come.

I wish everyone a most successful and productive Summit, and an enjoyable and memorable stay in Hong Kong. Thank you all very much.

Ends/Tuesday, March 24, 2026
Issued at HKT 17:08
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Three companies relating to Apple Daily already struck off Companies Register

Source: Hong Kong Government special administrative region – 4

​The Acting Chief Executive-in-Council (CE-in-C) today (March 24), pursuant to Article 31 of the Hong Kong National Security Law (HKNSL) and section 360C(1) of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32) (the Ordinance), ordered the Registrar of Companies to strike Apple Daily Limited, Apple Daily Printing Limited, and AD Internet Limited (referred to as the three companies relating to Apple Daily thereafter) off the Companies Register. The Registrar of Companies has thereupon struck the three companies relating to Apple Daily off the Companies Register and published notice thereof in the Gazette, and the three companies relating to Apple Daily are dissolved. Details are set out in the Gazette Extraordinary Notice No. 17 of 2026 (see Annex).

Lai Chee-ying case

In the Lai Chee-ying case, Lai Chee-ying and the three companies relating to Apple Daily were prosecuted with a total of three charges of offences endangering national security, including “conspiracy to commit collusion with a foreign country or with external elements to endanger national security” (contrary to Article 29 of the HKNSL and sections 159A and 159C of the Crimes Ordinance), and “conspiracy to print, publish, sell, offer for sale, distribute, display and/or reproduce seditious publications” (contrary to sections 10, 159A and 159C of the Crimes Ordinance). The court convicted Lai Chee-ying and the three companies relating to Apple Daily of all charges on December 15, 2025, and handed down sentences on February 9 this year. Amongst others, the three companies relating to Apple Daily were each sentenced to a fine of HK$3,004,500.

The court held in its reasons for sentence that the offence of “conspiracy to print, publish, sell, offer for sale, distribute, display and/or reproduce seditious publications” in this case fell within the most serious category for its type, and the two offences of “conspiracy to commit collusion with a foreign country or with external elements to endanger national security” fell within the category of offences of “a grave nature”. The court further pointed out that, without the facilitation from the three companies relating to Apple Daily, two of the charges in this case could not have occurred, and that there were no valid mitigating factors in respect of the three companies.

Striking the three companies relating to Apple Daily off the Companies Register

Article 31 of the HKNSL stipulates that the operation of an incorporated or unincorporated body such as a company or an organisation shall be suspended or its licence or business permit shall be revoked if the body has been punished for committing an offence under that law. Given that the three companies relating to Apple Daily have been convicted and punished by the court in accordance with the law, the Hong Kong Special Administrative Region (HKSAR) Government has a responsibility to enforce the relevant provisions in Article 31 of the HKNSL regarding the three companies relating to Apple Daily.

Taking into account all the relevant circumstances of the case, it is necessary for the HKSAR Government to revoke the registration of the three companies relating to Apple Daily, and prohibit the operation or continued operation of the three companies in the HKSAR, in order to effectively safeguard national security. In this light, the Secretary for Security issued written notices to the three companies relating to Apple Daily respectively on February 11, affording them an opportunity to make representations regarding the intention of the Secretary for Security to make recommendation to the CE-in-C under section 360C(1) of the Ordinance. Replies were received from the directors of the three companies on February 25, confirming that there were no representations from those companies. Taking into account all the relevant circumstances of the case, including the conviction and severity of the offences committed by the three companies relating to Apple Daily and the recommendation by the Secretary for Security, the Acting CE-in-C today ordered the Registrar of Companies to strike the three companies relating to Apple Daily off the Companies Register.

A spokesman for the HKSAR Government stressed, “Safeguarding national security is a matter of fundamental importance. The court pointed out in its reasons for verdict that, being the majority shareholders of Next Digital Limited, the holding company of the three companies relating to Apple Daily, Lai Chee-ying was actually in control of the three companies. He closely managed and exercised hands-on control on the editorial direction of Apple Daily. Whether pre- or post-HKNSL, Lai Chee-ying utilised Apple Daily’s platform to publish seditious articles, and requested foreign countries to impose sanctions or blockades, or engage in other hostile activities against the People’s Republic of China and the HKSAR. The senior management of Apple Daily were fully aware of Lai Chee-ying’s intention and provided support by executing his editorial directions. The court also ruled that the conspiracies in the first charge of ‘conspiracy to print, publish, sell, offer for sale, distribute, display and/or reproduce seditious publications’ and the second charge of ‘conspiracy to commit collusion with a foreign country or with external elements to endanger national security’ were facilitated by the three companies relating to Apple Daily, and that they were knowing and willing parties to the conspiracies. Therefore, to safeguard national security, it is necessary to exercise the power under section 360C of the Ordinance to strike the three companies relating to Apple Daily off the Companies Register, in order to achieve a reasonable balance between safeguarding national security and protecting human rights and freedoms.”

The three companies relating to Apple Daily have become “prohibited organizations”

“The Registrar of Companies has struck the three companies relating to Apple Daily off the Companies Register, and on publication of notice in the Gazette, the companies shall be dissolved and become ‘prohibited organizations’. Any person who engages in the acts specified in sections 62 to 65 of the Safeguarding National Security Ordinance commits an offence, including acting as an office-bearer or a member of a prohibited organization; and giving aid of any kind to a prohibited organization, and is liable on conviction to a maximum fine of HK$1,000,000 and imprisonment for 14 years,” said the spokesman.

“The HKSAR Government will continue to resolutely safeguard national security to prevent, suppress, and impose punishment for acts and activities endangering national security, ensuring that laws are observed and strictly enforced, so as to bring offenders to account. The HKSAR Government appeals to members of the public not to participate in any activities of prohibited organizations, or have any connection with them by dissociating themselves from prohibited organizations.”

Remarks by SFST at Wealth for Good in Hong Kong Summit 2026 (English only)

Source: Hong Kong Government special administrative region

Remarks by SFST at Wealth for Good in Hong Kong Summit 2026 (English only) 
Ladies and gentlemen, distinguished guests,
 
     It is a great honour of mine to address you this afternoon at the fourth Wealth for Good in Hong Kong Summit. As we gather under the visionary banner of Building Lasting Legacies, I want to frame our discussions through a lens that truly defines Hong Kong: safe, stable and sophisticated. It is the bedrock upon which global family offices are choosing to build, preserve and multiply generational wealth.
 
     In just the past few hours, we have all witnessed living proof of this promise. The fireside chat illuminated how sports and philanthropy can converge to create legacies, reminding us that true wealth is measured not only in assets but in meaningful impact. We then explored the family office playbook, examining sophisticated approaches to governance, capital allocation and the transmission of values across generations. The discussion made clear that such structures can only flourish in environments that offer both safety and stability. This was followed by powerful insights on lasting culture, highlighting how family capital can own demand, build vibrant communities and create enduring legends that shape society for generations to come. Each session has reinforced one fundamental truth: Hong Kong offers the safe harbour, the policy stability and the sophisticated ecosystem that ambitious families need to turn vision into lasting impact.
 
     Our Government remains fully committed to strengthening this foundation. Since the issuance of the Policy Statement on Developing Family Office Businesses in Hong Kong in 2023, we have introduced a comprehensive suite of facilitative measures. These include profits tax exemption for single family offices in Hong Kong, streamlined suitability assessments for sophisticated professional investors, and dedicated one-stop support through InvestHK (Invest Hong Kong)’s FamilyOfficeHK team. We have also made successive enhancements to the New Capital Investment Entrant Scheme, including relaxed net asset requirements and adjustments to the residential property investment threshold. In addition, we have enhanced the processing of applications for charitable tax-exempt status to better empower philanthropic efforts by family offices. These measures are delivering real results. We achieved our target of facilitating at least 200 new or expanded family offices ahead of schedule. According to market research, there were more than 3 380 single family offices in Hong Kong by the end of last year, representing a growth of over 25 per cent in just two years. We are now targeting at least another 220 family offices between 2026 and 2028.
 
     Our Hong Kong Academy for Wealth Legacy is also turning vision into action through its leadership and flagship philanthropic initiative, Impact Link. Since its launch, Impact Link has organised 17 capacity-building workshops and seminars, equipping and inspiring over 700 family participants with the knowledge and confidence to begin their philanthropic journeys. Last year, the launch of the iLink Online Portal further strengthened the ecosystem by connecting family partners with high-impact charitable projects across borders. Already, families within this community have come together to support meaningful causes, including a collaborative project to create a public installation celebrating Hong Kong’s rich cultural heritage. This is Wealth for Good in its purest and most inspiring form.
 
     We are also enhancing the sophisticated infrastructure that supports wealth preservation. Just recently, the Airport Authority signed the contract for a new state-of-the-art Art and Valuables Storage Facility at Hong Kong International Airport under the SKYTOPIA development. Spanning 53 000 square feet and featuring museum-grade storage with private viewing rooms, this facility is expected to commence operations in early 2027. So do come back then to see this facility. It represents a significant addition to our art ecosystem and will provide family offices and collectors with secure, world-class facilities to store and appreciate their collections, further reinforcing Hong Kong’s position as Asia’s leading art trading hub.
 
     Ladies and gentlemen, these developments demonstrate the tangible advantages of choosing a safe, stable and sophisticated jurisdiction like Hong Kong. As we now turn our attention to the final panel discussion on lasting change through artificial intelligence, robotics and building the future together, I invite all of you to carry forward the inspiration from today’s earlier sessions. Let us explore how cutting-edge innovation can amplify family capital, accelerate philanthropic outcomes and secure legacies that endure for generations. Hong Kong always stands ready, with our robust rule of law, consistent policies and sophisticated ecosystem, to serve as your trusted partner on this journey.
 
     Together, let us continue to transform wealth into good, and also at the same time, good into lasting global impact as in the theme of today’s forum: Wealth for Good.
 
     Thank you.
Issued at HKT 17:43

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Government announces appointments to Chief Executive’s Council of Advisers

Source: Hong Kong Government special administrative region

Government announces appointments to Chief Executive’s Council of AdvisersChief ExecutiveProfessor Frederick Ma Si-hang
Mr Robert Ng Chee-siong
Mr Andrew Sheng Len-tao
Mr Jack So Chak-kwong
Mr Henry Tang Ying-yen
Mr Jean-Pascal Tricoire
Mr Peter Woo Kwong-ching
Ms Marjorie Yang Mun-tak
Mr John Zhao
Dr Zhu MinMr Shing Chow Shing-yuk
Dr Han Bi-cheng
Professor Nancy Ip Yuk-yu
Dr Lee Kai-fu
Mr Robin Li*
Mr Shan Weijian
Professor Michael Spence
Dr Sun Piaoyang*
Ms Winnie Tam Wan-chi, SC
Mr Joseph Tsai
Mr Wang Xing-xing
Dr Allan Wong Chi-yun
Mr Xu Tao*
Dr Allan Zeman
Mr Zhang Wen*Mr Bernard Charnwut Chan
Dr Jonathan Choi Koon-shum
Mr Victor Chu Lap-lik
Dr Victor Fung Kwok-king
Mr Benjamin Hung Pi-cheng
Mr Colm Kelleher
Dr Peter Lam Kin-ngok
Dr Edmund Tse Sze-wing
Mr Mark Tucker
Mr Andrew Tung Lieh-cheungFinancial Secretary
Secretary for Justice
Director, Chief Executive’s Office
Head, Chief Executive’s Policy Unit (CEPU)Issued at HKT 17:00

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Speech by SITI at Green is Action: GreenTech Hub 1st Anniversary (English only)

Source: Hong Kong Government special administrative region

Speech by SITI at Green is Action: GreenTech Hub 1st Anniversary (English only) 
Sunny (Chairman of the Hong Kong Science and Technology Parks Corporation, Dr Sunny Chai), Terry (Chief Executive Officer of the Hong Kong Science and Technology Parks Corporation, Mr Terry Wong), GreenTech Hub partners and tech ventures, distinguished guests, ladies and gentlemen,
 
     Good afternoon. It is my honour to join you today and witness the first anniversary of the GreenTech Hub at InnoCentre. 
 
      The National 15th Five-Year Plan indicated clear support for Hong Kong to develop into an international I&T centre. Indeed, with our solid basic research capabilities and the growing awareness of a more green and sustainable future, Hong Kong possesses unique advantages in fostering the development of green technology. As a 2025-26 Budget initiative, the Hong Kong Science and Technology Parks Corporation (HKSTPC) has developed the InnoCentre into a GreenTech Hub. There are over 230 green tech start-ups in the HKSTPC’s ecosystem at present, with some equipped with globally competitive technologies and that have successfully tapped into Mainland and overseas markets. Over the past year, there were also plenty of business matching, networking activities and visits organised to facilitate green technology commercialisation and exchanges of thoughts.  
 
      I wish to take this opportunity to express my gratitude to the HKSTPC and our academic, corporate and industry partners for your support of the GreenTech Hub, making it an effective platform to advance regional and global collaboration on green technology. With the joint efforts by all of us, I believe the GreenTech Hub will continue to support green tech enterprises and accelerate the transfer of innovative R&D breakthroughs into impactful solutions, thereby driving us towards a more sustainable future.
 
      Being one of the I&T flagships in Hong Kong, the HKSTPC has long been providing comprehensive support for start-ups. Through the Incubation Programme, the HKSTPC provides each I&T start-up, including those in the green technology sector, with up to $1.29 million in funding. Apart from financial subsidy, the Programme also offers a range of practical support which is essential to the growth of start-ups, such as R&D guidance, mentorship, and investor matching services. Through building a vibrant ecosystem for green tech, we not only address environmental challenges but also create new job opportunities and drive economic growth. 
 
      Ladies and gentlemen, the anniversary of the GreenTech Hub today is just the beginning. In collaboration with our three major I&T parks, the Government will continue to invest in I&T infrastructure and foster the development of strategic industries, with a view to enhancing the overall I&T ecosystem and promoting interactive development of the upstream, midstream and downstream sectors
 
      Green is action. Together, let us propel Hong Kong into a greener, more sustainable future. Thank you.
Issued at HKT 16:16

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Speech by CE at Global Free Trade Ports Development Forum of Boao Forum for Asia Annual Conference 2026 in Hainan (English only)

Source: Hong Kong Government special administrative region – 4

     Following is the speech by the Chief Executive, Mr John Lee, at the Global Free Trade Ports Development Forum of the Boao Forum for Asia Annual Conference 2026 in Hainan today (March 24):

Honourable Vice Chairman Mu Hong (Vice Chairman of the National Committee of the Chinese People’s Political Consultative Conference and Vice Chairman of the Boao Forum for Asia), honourable Secretary Feng Fei (Secretary of the CPC Hainan Provincial Committee), honourable Governor Liu Xiaoming (Governor of Hainan), distinguished guests, ladies and gentlemen,

     Good afternoon. I would like to address this forum in English to reflect Hong Kong’s status as an international city under “one country, two systems”. And bilingualism is a part of everyday life in Hong Kong. It is my great pleasure to join you today, in Hainan, at the Global Free Trade Ports Development Forum of the Boao Forum for Asia. 

     This year marks the 25th anniversary of the Boao Forum for Asia. Over the past quarter of a century, the Forum has become a premier platform for dialogue on economic co-operation, bringing together leaders, policymakers and business pioneers from across the region. Together, we foster mutual understanding and advance regional co-operation. The Boao Forum has made significant contributions to Asia’s remarkable rise on the global stage. I extend my warmest congratulations to the Boao Forum for Asia on this milestone occasion.

     This year also marks a new chapter for China, our country. Two weeks ago, the fourth session of the 14th National People’s Congress approved the Outline of the 15th Five-Year Plan for National Economic and Social Development of the People’s Republic of China. The 15th Five-Year Plan sets out the indicators for the main objectives, major strategic tasks, and major projects for the country’s development for the next five years. 

     The high-standard development of the Hainan Free Trade Port is a highlight of the Plan. The Port began its island-wide special customs operations four months ago. The Plan supports the continuous enhancement of liberalisation in trade, investment and the flow of production factors in the free trade port. 

     I congratulate Hainan on her remarkable progress in the development of the free trade port policy, which is now firmly in place. It allows for more open and free entry of overseas goods, expands zero-tariff coverage, and includes a host of business-friendly measures. Hainan is fast rising as a popular destination for global business and innovative industries. I have every confidence that this scenic island will soon become a powerful showcase for our country’s dedication to free trade and high-quality opening up. 

     At a time of mounting geopolitical tensions and rampant protectionism, China’s unwavering commitment to an open, and inclusive, economic order and multilateral trade gives this volatile world the reassurance it needs. And we are not alone in this. Much like the theme of this year’s Boao Forum for Asia, “Shaping a Shared Future: New Dynamics, New Opportunities, New Cooperation”, economies in the region are working together to ensure we remain a driver of global growth and an anchor of stability.
 
    Ladies and gentlemen, Hong Kong is no stranger to free trade and co-operation. For more than a century, Hong Kong has been a free port and a champion of free and unfettered trade. Hong Kong is the world’s No.1 in economic freedom, topping the ranking in “freedom to trade internationally”. The International Institute for Management Development ranked Hong Kong among the world’s top three most competitive economies. Our “business legislation” and “tax policy” ranked No. 1, globally. 

     Under the unique “one country, two systems” principle, Hong Kong enjoys the strong support of China, our country, while maintaining unparalleled connectivity with the world. We treasure our long tradition of the rule of law, and our common law legal system is shared by many global financial hubs. Capital, goods, talent and information flow freely in Hong Kong. Our tax system is simple and invitingly low.   

     A city of just over 1 100 square kilometres in land area, Hong Kong is the world’s seventh-largest merchandise trading entity. We are also the world’s third-largest foreign direct investment destination. Hong Kong is a founding member of the World Trade Organisation, and has signed free trade agreements with 21 economies and investment agreements with 33 economies. 

     These are not just numbers or trophies. They reflect the trust, and confidence, the global business community places in Hong Kong. It’s a hard-earned accomplishment built on decades of integrity, the respect for the rule of law, and an unwavering commitment to free trade and multilateralism. 

     If the events of the first three months of 2026 are any lesson to learn, it is that no economy can thrive in isolation. Stability requires a regional framework that is open and inclusive for everyone. At this important platform for dialogue, I would like to share with you the three directions Hong Kong is pursuing to promote growth opportunities for all. 

     First, we will continue to expand our global trade network. At a time when some are drawing battle lines, Hong Kong is drawing trade routes. We choose connection over confrontation, and we value co-operation over conflict. Hong Kong actively seeks to co-operate with trading partners, including economies with strong trade relations with Hong Kong, as well as emerging markets with development potential or at strategic locations. 

     We have recently concluded investment agreement negotiations with Qatar, Bangladesh and Peru. And we are exploring the signing of new investment agreements with Saudi Arabia and Egypt. 

     Forging more free trade agreements is also a priority. We are committed to joining the Regional Comprehensive Economic Partnership, the world’s largest free trade agreement. We maintain close communication with the Partnership’s member economies, and will continue to rally their support for Hong Kong’s early accession. We look forward to contributing to the Partnership, to working with member economies in promoting regional economic integration.

     Second, we will leverage our network to connect investors with opportunities. Hong Kong has 16 offices and liaison units on the Mainland, and 15 overseas Economic and Trade Offices. Together with the offices of Invest Hong Kong and the Hong Kong Trade Development Council, we have a presence in 68 cities and cover 129 countries. 

     The HKSAR Government has set up a GoGlobal Task Force (Task Force on Supporting Mainland Enterprises in Going Global) by drawing these offices and other stakeholders together, to support the overseas expansion of Mainland enterprises. Last week, we launched a cross-sector professional services platform, under the GoGlobal initiative, to connect the expansion needs of Mainland Chinese enterprises, the demand of global buyers and investors, and Hong Kong’s world-class professional services. We offer a rich pool of multilingual talent, and a premier platform for financing and asset management. 

     Meanwhile, our Economic and Trade Express, set up last year, is also strengthening the co-ordination among Hong Kong’s global network of offices. It supports small and medium enterprises and start-ups, organising overseas business missions and providing companies with one-stop services like business matching, to help Hong Kong enterprises in exploring foreign markets. 

     Third, we will promote regional economic development and prosperity. China, our country, is the host economy of APEC, the Asia-Pacific Economic Cooperation, in 2026. Under the theme of “Building an Asia-Pacific Community to Prosper Together”, this year’s APEC meetings will be held in cities across the country. We are honoured that the APEC Finance Ministers’ Meeting will be held in Hong Kong this October. 

     Hong Kong has been a member of APEC since 1991. We participate in different aspects of APEC’s work, promoting regional macroeconomic co-operation and the real economy. 

     The APEC Finance Ministers’ Meeting will bring together finance ministers from across the region to exchange views on the regional and global economic outlook, and promote sustainable development, financial stability and greater economic co-operation. 

     The HKSAR Government, let me add, will spare no effort in making comprehensive preparations to support our country’s successful hosting of APEC 2026. That includes taking full advantage of Hong Kong’s strengths as an international financial centre, and organising the meeting to deepen international exchanges and co-operation. In turn, we will help promote harmony and the region’s sustainable development, playing our part in maintaining multilateral exchanges. 

     Ladies and gentlemen, with the world in a heightened period of turbulence, Hong Kong is committed to navigating uncertainties with openness, not in isolation. I am confident that the Free Trade Port of Hainan and Hong Kong will complement each other in building a powerful engine for free trade. Hong Kong endeavours to work with Hainan, as well as our friends from the Mainland and around the world that value free trade, to build a prosperous global community with a shared future for humanity. 

     Let’s join hands in shaping this shared future of prosperity, and embrace its new dynamics, new opportunities and new co-operation. On that note, I wish the Boao Forum for Asia every success in the next 25 years and beyond, and all of you a fruitful and healthy year. Thank you.