Chinese Culture Festival 2025 to open in Hong Kong with contemporary dance “Dongpo: Life in Poems” in June (with photos)

Source: Hong Kong Government special administrative region

  The Chinese Cultural Festival (CCF) 2025, organised by the Leisure and Cultural Services Department (LCSD), will open in June with “Dongpo: Life in Poems”, a contemporary dance performance by the China Oriental Performing Arts Group. Directed by international acclaimed choreographer and visual artist Shen Wei, the production is inspired by the poetry and life of Su Dongpo, a literary master in the Song dynasty. The performance, to be staged in Hong Kong, as an East-meets-West centre for international cultural exchanges that boldly explores the integration of Chinese and Western arts, will showcase the remarkable talent and patriotic spirit of Su, while confidently presenting the beauty of traditional Chinese culture to the world. 

  Su, a polymath in literature, calligraphy and painting in Chinese history, remains a celebrated figure 1 000 years later. His classic verses are still widely recited and resonate deeply today. “Dongpo: Life in Poems” goes beyond the usual linear narrative of dance drama. Instead, it revolves around 12 of Su’s poems that epitomise the poet’s life philosophy from over 3 000 works, while reinterpreting Su’s multifaceted legacy through contemporary dance. Divided into six acts, the selected poems, each of which touches on a different aspect of the poet’s life philosophy, are integrated to convey the poetic culture and texture with famous lines displayed onstage in calligraphic form. The poetic verses are about magnificent landscapes and graceful rivers, patriotic sentiments and timeless human nature and value. They range from the heroic emotion in “To the east, the Yangtze River constantly flows, bringing with its waves numerous ancient heroes” to the profound thoughts for his deceased wife in “Life and death have separated us for 10 years”; the world of compassion in “May all of us far apart be blessed with longevity”, and optimism in “I don’t mind leading a life in a raincoat”. By merging “cognitive essence” and “aesthetic realm”, this approach is designed to transcend linguistic barriers, allowing audiences to explore Su’s spiritual world through a contemporary lens. 

Tender results of 10-year RMB HKSAR Institutional Government Bonds

Source: Hong Kong Government special administrative region

Tender results of 10-year RMB HKSAR Institutional Government Bonds 
The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender for 10-year RMB institutional Government Bonds (issue number 10GB3505001) under the Infrastructure Bond Programme was held today (May 13).
 
A total of RMB1.0 billion 10-year Government Bonds were offered today. A total of RMB6.814 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 6.81. The average price accepted is 101.91, implying an annualised yield of 2.088 per cent.

HKSAR Institutional Government Bonds Tender Results
 
Tender results of 10-year RMB HKSAR Institutional Government Bonds:
 

Tender DateIssued at HKT 17:26

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Tender results of 5-year RMB HKSAR Institutional Government Bonds

Source: Hong Kong Government special administrative region

Tender results of 5-year RMB HKSAR Institutional Government Bonds 
The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender for 5-year RMB institutional Government Bonds (issue number 05GB3005001) under the Infrastructure Bond Programme was held today (May 13).
 
A total of RMB1.5 billion 5-year Government Bonds were offered today. A total of RMB10.753 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 7.17. The average price accepted is 101.46, implying an annualised yield of 1.672 per cent.

HKSAR Institutional Government Bonds Tender Results
 
Tender results of 5-year RMB HKSAR Institutional Government Bonds:
 

Tender DateIssued at HKT 17:25

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Tender results of 2-year RMB HKSAR Institutional Government Bonds

Source: Hong Kong Government special administrative region

Tender results of 2-year RMB HKSAR Institutional Government Bonds 
A total of RMB1.5 billion 2-year Government Bonds were offered today. A total of RMB11.905 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 7.94. The average price accepted is 100.14, implying an annualised yield of 1.643 per cent. 
Tender results of 2-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 1.637 per cent, 1.654 per cent, and 1.747 per cent respectively.
Issued at HKT 17:24

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Results of monthly survey on business situation of small and medium-sized enterprises for April 2025

Source: Hong Kong Government special administrative region

     The Census and Statistics Department (C&SD) released today (May 13) the results of the Monthly Survey on Business Situation of Small and Medium-sized Enterprises (SMEs) for April 2025.
 
     The current diffusion index (DI) on business receipts amongst SMEs decreased from 43.5 in March 2025 in the contractionary zone to 41.2 in April 2025, whereas the one-month’s ahead (i.e. May 2025) outlook DI on business receipts was 43.6. Analysed by sector, the current DIs on business receipts for majority of the surveyed sectors dropped in April 2025 as compared with previous month, particularly for the import and export trades (from 45.1 to 40.2) and business services (from 48.4 to 45.3).
  
     The current DI on new orders for the import and export trades decreased from 46.6 in March 2025 to 42.0 in April 2025, whereas the outlook DI on new orders in one month’s time (i.e. May 2025) was 43.8.
 
Commentary
 
     A Government spokesman said that business sentiment among SMEs and their outlook in one month’s time both weakened in April, as the headwinds and uncertainties in the external environment increased sharply after the United States (US) announced significant increases in import tariffs last month. The overall employment situation also softened.
 
     Looking ahead, while trade tensions have eased somewhat of late, the uncertainty of US’ trade policy will still affect the economic outlook and business sentiment. The Government will continue to monitor the situation closely.
 
Further information
 
     The Monthly Survey on Business Situation of Small and Medium-sized Enterprises aims to provide a quick reference, with minimum time lag, for assessing the short-term business situation faced by SMEs. SMEs covered in this survey refer to establishments with fewer than 50 persons engaged. Respondents were asked to exclude seasonal fluctuations in reporting their views. Based on the views collected from the survey, a set of diffusion indices (including current and outlook diffusion indices) is compiled. A reading above 50 indicates that the business condition is generally favourable, whereas that below 50 indicates otherwise. As for statistics on the business prospects of prominent establishments in Hong Kong, users may refer to the publication entitled “Report on Quarterly Business Tendency Survey” released by the C&SD.
 
     The results of the survey should be interpreted with care. The survey solicits feedback from a panel sample of about 600 SMEs each month and the survey findings are thus subject to sample size constraint. Views collected from the survey refer only to those of respondents on their own establishments rather than those on the respective sectors they are engaged in. Besides, in this type of opinion survey on expected business situation, the views collected in the survey are affected by the events in the community occurring around the time of enumeration, and it is difficult to establish precisely the extent to which respondents’ perception of the business situation accords with the underlying trends. For this survey, main bulk of the data were collected around the last week of the reference month.
 
     More detailed statistics are given in the “Report on Monthly Survey on the Business Situation of Small and Medium-sized Enterprises”. Users can browse and download the publication at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1080015&scode=300).
 
     Users who have enquiries about the survey results may contact Industrial Production Statistics Section of the C&SD (Tel: 3903 7246; email: sme-survey@censtatd.gov.hk).

36 elector registrations approved

Source: Hong Kong Information Services

The Candidate Eligibility Review Committee (CERC) today published a gazette notice to declare 36 registrations of ex-officio Election Committee (EC) members as valid.

Under the law, specified office-holders may register as ex-officio EC members.

The Registration & Electoral Office received 36 registrations involving five subsectors – architectural, surveying, planning & landscape; education; engineering; medical & health services, and social welfare.

The CERC reviewed the registrations and determined them to be valid.

CAS exercise for responding to severe weather conditions concludes smoothly

Source: Hong Kong Government special administrative region

     The Civil Aid Service (CAS) organised an exercise codenamed “WINDSTORM”, at Wan Tuk Creek on Lantau Island today (May 13) to enhance its communication, co-ordination, contingency planning and mobilisation capabilities for severe weather and other emergencies, bolstering command control and operational efficiency of the CAS in handling emergency incidents.
 
     The exercise simulated various scenarios, including residents trapped by floods, fallen trees blocking roads and handling casualties. During the exercise, CAS rescue teams swiftly established an emergency command system, set up casualty collection stations and utilised rescue technologies such as drones, robotic dogs and remote-controlled lifebuoys to conduct rescue operations, ensuring that actions were carried out effectively and rapidly.
 
     Approximately 100 officers and members participated in the exercise, which enhanced the awareness and handling capabilities of the personnel and improved co-ordination and communication among the units in responding to emergencies.
 
     In addition, to strengthen the response to extreme weather conditions, the CAS will add one more flood rescue team this year. Training for responding to floods and rescue operations will also be enhanced.

SCED to attend APEC trade ministers meeting in Korea

Source: Hong Kong Government special administrative region

SCED to attend APEC trade ministers meeting in Korea 
Under the theme “Building a Sustainable Tomorrow” for APEC this year, the meeting will focus discussions on topics under three priorities: “Connect, Innovate, Prosper”
Mr Yau will also meet with other trade ministers to exchange views on issues of mutual interest on the sidelines of the MRT Meeting.
 
Mr Yau will return to Hong Kong on the morning of May 17. During his absence, the Under Secretary for Commerce and Economic Development, Dr Bernard Chan, will be the Acting Secretary for Commerce and Economic Development.
Issued at HKT 9:00

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