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SITI attends China Business Summit in Auckland, New Zealand

Source: Hong Kong Government special administrative region – 4

     The Secretary for Innovation, Technology and Industry, Professor Sun Dong, began his visit to Auckland, New Zealand, today (June 25, Auckland time) and attended the China Business Summit co-organised by the Auckland Business Chamber and NZINC.

     Before the summit, Professor Sun met with the Prime Minister of New Zealand, Mr Christopher Luxon, and briefed him on the fact that Hong Kong is striving to develop into an international innovation and technology (I&T) centre under the clear support of the National 15th Five-Year Plan. Hong Kong possesses unique advantages in areas including AI, life and health technology and fintech, and there is immense room to deepen I&T collaboration with New Zealand. Professor Sun cordially invited research and development (R&D) institutions, start-ups and professional talent to settle in Hong Kong and seize the opportunities brought by the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and the country. Mr Luxon welcomed the Hong Kong delegation and expressed the hope that the two places can further enhance pragmatic co-operation in the I&T field. 

     In his keynote speech during the summit, Professor Sun outlined to the audience that Hong Kong is transforming from an international financial centre to a vibrant international I&T centre. He said that Hong Kong proactively promotes economic diversification and creates joint prosperity in the era with complex geopolitical situations.

     Professor Sun highlighted Hong Kong’s strategic I&T infrastructure, including the newly opened Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone last year and the San Tin Technopole under planning. These two initiatives will form a bridge connecting global technology talent and enterprises with the GBA market of a population of 88 million and its well-developed supply chain. He also said that Hong Kong has identified AI as a core industry and is fully committed to promoting new industrialisation.

     Professor Sun said that Hong Kong is a gateway to Asia’s innovation frontier. New Zealand companies can reach out to the Chinese Mainland and expand to the Association of Southeast Asian Nations and the broader Asia-Pacific. Hong Kong has a highly open and free economy, a robust legal framework, a simple and low tax regime, strong intellectual property protection, ease of capital raising, and world-class logistics and infrastructure and is a trusted partner, a platform and a bridge to New Zealand.

     Professor Sun also met with the Minister of Agriculture, Minister of Forestry, Minister for Trade and Investment and Associate Minister of Foreign Affairs of New Zealand, Mr Todd McClay. Professor Sun briefed him on Hong Kong’s latest I&T developments and measures to promote new industrialisation. Both sides exchanged views on I&T policies and on strengthening investment and co-operation opportunities between the two places.

     Professor Sun also called on the Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to New Zealand, the Cook Islands and Niue, Dr Wang Xiaolong, and the Consul-General of the People’s Republic of China in Christchurch, Ms He Ying, to introduce the latest progress of the Hong Kong Special Administrative Region Government in promoting I&T development, as well as Hong Kong’s proposal to align with the National 15th Five-Year Plan, and to elaborate on Hong Kong’s continuous efforts in actively integrating into the overall layout of the country’s new industrialisation.

     Professor Sun visited Heidi Health, an Australian medical-AI company, in Melbourne, Australia, before departing for Auckland, New Zealand, on June 24. The company is dedicated to transforming clinical workflows through intelligent automation, with its core technologies focusing on using AI to generate medical notes and support diagnostic reasoning. Professor Sun encouraged the company to further expand its business operations in Hong Kong and strengthen collaboration with local universities as well as R&D institutions.

     Professor Sun will continue his visit to Auckland, New Zealand, on June 26 (Auckland time).

              

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Adjustment in ceiling prices for dedicated LPG filling stations in July 2026

Source: Hong Kong Government special administrative region

Adjustment in ceiling prices for dedicated LPG filling stations in July 2026 

Location of
Dedicated
LPG Filling StationCeiling Price in
July 2026
(HK$/litre)Ceiling Price in
June 2026
(HK$/litre)     The spokesman said that the details of the LPG international price and the auto-LPG ceiling price for each dedicated LPG filling station had been uploaded to the EMSD website (www.emsd.gov.hkIssued at HKT 12:00

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Establishment of San Tin Technopole Company Limited and appointment of Board of Directors announced

Source: Hong Kong Government special administrative region

Establishment of San Tin Technopole Company Limited and appointment of Board of Directors announced———–
Dr Sunny Chai Ngai-chiu———–
Permanent Secretary for Innovation, Technology and Industry (or representative)
Permanent Secretary for Financial Services and the Treasury (Treasury) (or representative)
Commissioner for Innovation and Technology (or representative)———–
Ms Cordelia Chung
Dr Fang Zhou
Mr Julian Lee Pui-hang
Professor Ling Kar-kan 
Professor Stephanie Ma Kwai-yee
Mr Andrew Yao Cho-fai
Issued at HKT 12:00

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DH distributes individualised school health reports to schools participating in Whole School Health Programme

Source: Hong Kong Government special administrative region

     The Student Health Service (SHS) of the Department of Health (DH) will start releasing the “School Health Reports and Recommendations” (health reports) tailored to each participating school for the 2025/26 school year under the Whole School Health Programme (WSHP) tomorrow (June 26). Based on the overall health status of students in each school, the health reports provide tailored and targeted school-based health promotion measures. In addition, the DH will arrange school visits by health professionals to provide in-depth explanations of the health reports and recommendations, aiming to assist schools in continuing to implement or roll out relevant health promotion initiatives in the new school year, thereby further promoting students’ physical and mental well-being in schools.

     The Chief Executive’s 2024 Policy Address announced that the WSHP would be strengthened and extended to cover all primary and secondary schools in Hong Kong. Based on the overall health status of students in each school, health reports will also be compiled for each participating school to recommend targeted school-based health promotion measures for physical activities, meals and other matters, to improve students’ physical and psychological well-being. This year marks the second time the DH has distributed the health reports.

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Innovation and Technology Commission and Competition Commission collaborate to combat anti-competitive conduct

Source: Hong Kong Government special administrative region

Innovation and Technology Commission and Competition Commission collaborate to combat anti-competitive conduct      
     A spokesman for the ITC said, “The ITC and the Secretariat rigorously review all information submitted by applicants and continuously enhance checking mechanisms to ensure that procurement is conducted on an independent, open, fair and competitive basis. The current case was identified and proactively reported by the ITC and the Secretariat, and certain disbursements were withheld after detection of irregularities. This reflects the effectiveness of the checking mechanisms and the high vigilance of ITC and HKPC colleagues handling the case. We have zero tolerance for anti‑competitive conduct involving funding schemes and will pursue any such cases to the end.”
      
     The TVP was launched in 2016 to subsidise local enterprises/organisations in using technological services and solutions on a matching basis, to improve productivity, upgrade or transform their business processes. The HKPC serves as the TVP’s Secretariat. As the TVP had achieved its original objectives, it had ceased to accept new applications after December 31, 2024.
      
     The ITC will continue to process all applications of funding schemes to the highest standards and maintain a high level of vigilance. In recent years, the ITC has also strengthened the use of technology to analyse data concerning applicants and service providers, in order to identify suspected cases more precisely and refer them to law enforcement agencies for follow‑up.
Issued at HKT 18:11

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Government posts land resumption notices for Development of San Tin Technopole (Phase 1) (Second Batch)

Source: Hong Kong Government special administrative region – 4

​The Lands Department (LandsD) today (June 25) posted land resumption notices in accordance with section 4 of the Lands Resumption Ordinance (Chapter 124) for the development of the San Tin Technopole (STT) (Phase 1) (Second Batch).
 
Two hundred and seventy-eight private lots with an area of about 117 hectares to be resumed by the Government. The land will revert to the Government upon the expiry of a period of three months from the date of affixing the notices (i.e. September 26, 2026).
 
The above-mentioned land reversion date is not the departure deadlines for affected households and business undertakings. The LandsD will post notices in relevant areas about three months before the departure deadlines for the affected parties. According to the project programme, the affected parties are scheduled to depart in batches. It is now estimated that the affected households and business undertakings will have to move out between the end of 2026 and the first half of 2027. The LandsD and its appointed Community Liaison Service Team will closely liaise with the affected parties to handle compensation and rehousing matters.
 
The STT (excluding the Loop), with an area of about 540 hectares, will be developed in two phases, with the Phase 1 development of about 365 hectares. The works for the Phase 1 development are subdivided into two stages, with an area of about 158 hectares for Stage 1 works and about 207 hectares for Stage 2 works. The Stage 1 works commenced late 2024. The land resumption notices for the development of STT (Phase1) (First Batch) were posted on July 10, 2025, involving about 62 hectares of land. The said land reverted to the Government on October 11, 2025, and is gradually being handed over to the Civil Engineering and Development Department for site formation and engineering infrastructure works. Upon full development, the STT will provide about 50 000 residential flats, accommodating a new population of more than 150 000. It will also create about 160 000 employment opportunities. The first population intake of about 18 000 under the Phase 1 Stage 1 development will start progressively from 2031 onwards.

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Tender results of 7-year RMB HKSAR Institutional Government Bonds

Source: Hong Kong Government special administrative region

Tender results of 7-year RMB HKSAR Institutional Government Bonds      
     A total of RMB1.25 billion 7-year Government Bonds were offered today. A total of RMB10.593 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 8.47. The average price accepted is 100.30, implying an annualised yield of 1.742 per cent. 
     Tender results of 7-year RMB HKSAR Institutional Government Bonds:
 

Tender Date* Calculated as the amount of bonds applied for over the amount of bonds issued.

Note: The yields stated above are annualised yields. For reference, the semi-annualised yields corresponding to the average price accepted, lowest price accepted, and average tender price are 1.734 per cent, 1.750 per cent, and 1.823 per cent respectively.
Issued at HKT 17:00

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Applications selected for 57th personalised vehicle registration marks exercise

Source: Hong Kong Government special administrative region

Applications selected for 57th personalised vehicle registration marks exercise      
     A spokesman for the TD said, “The applicants have already been sent an acknowledgement of receipt bearing an application number. They may check the list to see whether their applications have been selected. Applicants will also be notified of the ballot results by post in batches.”
      
     The TD will later check the proposed PVRMs selected against the basic combination requirements. If, among the selected applications, more than one applicant proposes the same PVRM, only the one on which the lot falls first out of those applications will be further processed.
      
     If the selected PVRMs meet the basic requirements, the TD will send notices by registered mail to the applicants in batches, requiring them to pay a deposit of $5,000 within the period specified in the notice. If an applicant fails to pay the deposit within that period, his or her application will be cancelled automatically and will not be further processed.
      
     Upon receipt of the deposit, the Commissioner for Transport will determine, with the assistance of a vetting committee, whether an application should be approved or rejected. PVRMs approved in the 57th exercise will be put up for auction in batches. Auction details will be published in newspapers and on the TD’s website in due course.
      
     For enquiries, applicants can call the TD Hotline at 2804 2600.
Issued at HKT 17:00

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External merchandise trade statistics for May 2026

Source: Hong Kong Government special administrative region

     The Census and Statistics Department (C&SD) released today (June 25) the external merchandise trade statistics for May 2026. In May 2026, the values of Hong Kong’s total exports and imports of goods both recorded year-on-year increases, at 40.8% and 42.0% respectively.

     In May 2026, the value of total exports of goods increased by 40.8% over a year earlier to $611.2 billion, after a year-on-year increase by 42.9% in April 2026. Concurrently, the value of imports of goods increased by 42.0% over a year earlier to $655.4 billion in May 2026, after a year-on-year increase by 44.4% in April 2026. A visible trade deficit of $44.2 billion, equivalent to 6.7% of the value of imports of goods, was recorded in May 2026.

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Home and Youth Affairs Bureau launches second round of applications for 2026-27 HYAB Funding Scheme for Youth Exchange in the Mainland

Source: Hong Kong Government special administrative region

Home and Youth Affairs Bureau launches second round of applications for 2026-27 HYAB Funding Scheme for Youth Exchange in the Mainland      
     Through the HYAB Funding Scheme for Youth Exchange in the Mainland, the Home and Youth Affairs Bureau (HYAB) and the Youth Development Commission (YDC) provide funding for NGOs to organise youth exchange projects on the Mainland for Hong Kong young people to enhance their awareness and understanding of the country’s development, foster exchanges with Mainland people and strengthen their sense of national identity. The Pilot Scheme on Subsidy to Grassroots Youth for Participating in Exchange Activities Outside Hong Kong that launched earlier will also continue to provide additional subsidies to grassroots youth with financial needs to participate in exchange projects under the 2026-27 funding scheme.
      
     Details of the second round are available on the YDC website (www.ydc.gov.hk/en/programmes/ep/ep_fundingscheme.htmlIssued at HKT 16:00

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