Leading Swiss precious metals firm opens new office, marking next phase of Hong Kong’s growth as regional headquarters and global trading hub (with photo)

Source: Hong Kong Government special administrative region – 4

     Invest Hong Kong (InvestHK) announced that MKS PAMP, a global Swiss precious metals firm, inaugurated its new regional headquarters in Hong Kong today (October 30), leveraging the city’s position as a premier international gold trading centre to expand its footprint in the Asia-Pacific region. The inauguration was marked by a ribbon-cutting ceremony attended by senior executives from MKS PAMP, representatives of InvestHK, and key stakeholders from the financial and precious metals sectors.
      
     MKS PAMP has maintained a substantial presence in Hong Kong for many years, with established offices and deep client relationships in the region. Building on this foundation, the inauguration of its new regional headquarters in the Central district represents an important expansion of the company’s regional footprint. This strategic development elevates Hong Kong to the status of one of the company’s three global trading hubs, alongside Geneva and New York. This provides seamless, round-the-clock coverage across all major time zones and assures the highest level of service to its regional clientele.
      
     Acting Director-General of Investment Promotion of InvestHK Ms Loretta Lee said, “We are delighted to support MKS PAMP’s expansion in Hong Kong. This decision not only reinforces the city’s status as a leading international financial centre but also aligns with the Government’s ongoing efforts to promote the city as an international hub for gold trading. MKS PAMP’s expansion is a testament to Hong Kong’s attractiveness as a destination for global businesses seeking to grow in the Asia-Pacific region.”
      
     The Chief Executive Officer of MKS PAMP, Mr James Emmett, said, “Hong Kong’s world-class infrastructure and established role as a global financial centre make it a natural choice for this expansion. We see Hong Kong not only as a vital link to the Chinese Mainland’s gold market but also its position at the nexus of Asia Pacific’s precious metals market.”
      
     He added, “We value the Hong Kong Special Administrative Region Government’s ongoing initiatives to strengthen its status as an international gold trading centre. This vision aligns seamlessly with our own, with Hong Kong consequently playing a strategic role in our regional and global aspirations.”
      
     He further explained, “As part of its regional growth strategy, MKS PAMP is expanding its team in Hong Kong and across the Asia-Pacific region. The Hong Kong headquarters will serve as the regional hub for the company’s comprehensive suite of precious metals trading and financial services. Core functions based here will include regional sales and client relationship management, precious metals trading, treasury activities, and operational support.”
      
     For more information about MKS PAMP, please visit www.mkspamp.com.

     For a copy of the photo, please visit: www.flickr.com/photos/investhk/albums/72177720329862261.

  

CE begins visit programme in Korea (with photos)

Source: Hong Kong Government special administrative region – 4

     The Chief Executive, Mr John Lee, began his visit programme in Korea today (October 30). 
 
     This morning in Busan, Mr Lee received President Xi Jinping, who will attend the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting and pay a state visit to Korea.
 
     In the afternoon, Mr Lee met and exchanged views in Busan with Hong Kong people and business representatives based in Korea to learn more about their daily lives and developments. Mr Lee encouraged them to leverage their strengths to tell the good stories of Hong Kong and contribute to the economic and trade co-operation, as well as people-to-people exchanges, between the two places.
 
     In the evening, Mr Lee, accompanied by the Secretary for Commerce and Economic Development, Mr Algernon Yau, will attend a dinner with Hong Kong, China’s representative to the APEC Business Advisory Council in Gyeongju to exchange views on various issues including the promotion of Hong Kong’s advantages and the enhancement of regional co-operation.
 
     Mr Lee will participate in the APEC Economic Leaders’ Informal Dialogue with Guests, the APEC Business Advisory Council Dialogue with APEC Economic Leaders, and the Gala Dinner hosted by the organiser for participating leaders tomorrow (October 31).

        

Delegation of overseas government officials visits Hong Kong to learn about its latest developments (with photos)

Source: Hong Kong Government special administrative region

     A delegation of 10 overseas government officials completed their visit to Hong Kong today (October 30), gaining a better understanding of the city’s strengths, potential and opportunities under the “one country, two systems” arrangement.
 
     The visit was arranged by the Ministry of Foreign Affairs, which invited officials of foreign ministries from 10 Asian countries, namely Bangladesh, Bhutan, Brunei, Kyrgyzstan, Mongolia, Myanmar, Tajikistan, Timor-Leste, Turkmenistan and Uzbekistan.
 
     The aim of the visit was to enhance exchanges and co-operation between Hong Kong and these countries, as well as expand the “circle of friends” of Hong Kong.
 
     During the delegation’s stay in Hong Kong, they met with the Chief Secretary for Administration, Mr Chan Kwok-ki; the Acting Financial Secretary, Mr Michael Wong; and the Acting Secretary for Justice, Dr Cheung Kwok-kwan, to exchange views and learn more about Hong Kong’s unique advantages of having connections to both the Mainland and the world under “one country, two systems”, as well as its role as a “super connector” and “super value-adder”.
 
     They also met with the Acting Secretary for Commerce and Economic Development, Dr Bernard Chan; the Under Secretary for Financial Services and the Treasury, Mr Joseph Chan; and the Under Secretary for Innovation, Technology and Industry, Ms Lillian Cheong, as well as representatives of a number of relevant institutions. The delegation also visited the Hong Kong Science Park and West Kowloon Cultural District to learn about the city’s latest developments and opportunities in finance, trade, innovation and technology, and arts and culture.

     The delegation also visited Shenzhen to learn more about the integrated development of the Guangdong-Hong Kong-Macao Greater Bay Area. 

                       

Security education tour launched

Source: Hong Kong Information Services

The Security Bureau today launched the “Andy & Bear KinderFest” school tour, which will involve workshops being organised in kindergartens to disseminate national security messages and help students to grow into law-abiding citizens with an affection for the country and Hong Kong.

Secretary for Security Tang Ping-keung said at the launch ceremony that Andy & Security Bear have received a good response as characters since the launch of national security comics featuring them.

Accompanied by volunteers from the Security Bureau Youth Uniformed Group Leaders Forum, the two characters will visit kindergartens to interact with students. Through storytelling and games, the workshops are designed to teach children basic concepts of national security in a fun and engaging environment.

Together with Under Secretary for Education Sze Chun-fai, Mr Tang appointed some 90 members of the leaders forum as “fest  leaders” and witnessed 30 representatives committing to the mission of national security promotion and education.

Mr Tang and Mr Sze were joined by Permanent Secretary for Security Patrick Li and Under Secretary for Security Michael Cheuk in launching the Andy & Bear KinderFest school tour.

Concluding the ceremony, Mr Tang appealed to the people to cast their votes in the 2025 Legislative Council General Election to be held on December 7.

Special traffic arrangements for Halloween

Source: Hong Kong Government special administrative region

     The Police announced today (October 30) that special traffic arrangements will be implemented in Central from October 31 to November 1 to facilitate the celebration of Halloween.

Road closure
————
 
     The following roads will be closed from 2pm on October 31 to 5am on November 1:

– D’Aguilar Street between Wyndham Street and Wellington Street;
– Lan Kwai Fong;
– Wing Wah Lane;
– Wo On Lane;
– Wellington Street between Wyndham Street and D’Aguilar Street; and
– On Lan Street.

     Depending on the crowd situation, the following roads may be closed from 2pm on October 31 to 5am on November 1:

– Stanley Street between D’Aguilar Street and Cochrane Street;
– Wyndham Street between Glenealy and Queen’s Road Central;
– D’Aguilar Street between Queen’s Road Central and Wellington Street;
– Wellington Street between D’Aguilar Street and Cochrane Street;
– Cochrane Street between Wellington Street and Stanley Street;
– Lyndhurst Terrace; and
– Queen’s Road Central between Pedder Street and Pottinger Street.

Suspension of parking spaces
—————————-

     All parking spaces and motorcycle parking spaces on the following closed roads will be suspended from 1pm on October 31 to 5am on November 1:

– Stanley Street near D’Aguilar Street;
– On Lan Street; and
– Wyndham Street between Arbuthnot Road and D’Aguilar Street.

     Any vehicles found illegally parked within the precincts mentioned above will be towed away without prior warning, and may be subject to multiple ticketing.  

     The Police will implement appropriate arrangements subject to the prevailing traffic and crowd conditions. Members of the public are advised to exercise tolerance and patience, and take heed of instructions of police officers on site.

Auction for Victoria Park Lunar New Year Fair stalls concludes

Source: Hong Kong Government special administrative region

Auction for Victoria Park Lunar New Year Fair stalls concludes 
A spokesman for the Food and Environmental Hygiene Department said that a total of 400 stalls at the Fair, including 170 for regular size dry goods, 46 for large size dry goods, 180 for wet goods and four for fast food, were let out during the three-day open auction.
 
To summarise the results of the auction held during these two days (October 28 and 30), the successful bids for the regular size dry goods stalls ranged from $8,540 to $60,000, which averaged out to $17,847. The highest bid of $60,000 was about seven times the opening price of $8,540. The auction of regular dry goods stalls fetched a total of $3,033,940. For the large size dry goods stalls, the successful bids ranged from $12,810 to $51,000, which averaged out to $22,561. The highest bid of $51,000 was about four times the opening price of $12,810. The auction of large size dry goods stalls fetched a total of $1,037,820.
 
The three auction days for the Victoria Park LNY Fair stalls attracted about 1 290 participants in total.
 
The auction for stalls of the Tat Tung Road Garden LNY Fair in Tung Chung will be held tomorrow (October 31) at Assembly Hall, 2/F, Lai Chi Kok Government Offices, 19 Lai Wan Road, Lai Chi Kok, Kowloon. The auction session is scheduled from 9am until completion of the auction.
 
The auctions for stalls of the LNY fairs in Fa Hui Park and Cheung Sha Wan Playground in Sham Shui Po, Kwun Tong Recreation Ground in Kwun Tong and To Kwa Wan Recreation Ground in Kowloon City will be held at the above-mentioned venue from November 3 to 6. The auction sessions are scheduled from 9am to 12.30pm (AM session) and 2pm until completion of the auction (PM session).
 
???The spokesman reminded the successful bidders to comply with all stipulations and provisions as set out in the licence agreement. Otherwise, the department is entitled to terminate the agreement and the licensee shall immediately vacate the stall.
Issued at HKT 17:15

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SB launches Andy & Bear KinderFest school tour to promote national security education

Source: Hong Kong Government special administrative region

To promote national security education in kindergartens, the Security Bureau today (October 30) launched the Andy & Bear KinderFest school tour featuring workshops to be conducted in kindergartens themed around national security comics and Andy and Security Bear, with an aim of disseminating national security messages to young children to prepare them to grow into law-abiding citizens with an affection for the country and Hong Kong.
 
Addressing the ceremony, the Secretary for Security, Mr Tang Ping-keung, said that since the launch of the national security comics, Andy and Security Bear, these two main characters have been well received. The Andy & Bear KinderFest was therefore established to organise workshops in kindergartens. Accompanied by volunteers from the Security Bureau Youth Uniformed Group Leaders Forum, the two adorable main characters will visit kindergartens to interact with students. Through storytelling and games, the workshops aim to teach young children basic concepts of national security in a fun and engaging environment, helping them understand the importance of safeguarding the homeland.
 
During the ceremony, Mr Tang and the other officiating guest, the Under Secretary for Education, Dr Sze Chun-fai, appointed some 90 members of the Leaders Forum as leaders of the Andy & Bear KinderFest and witnessed 30 representatives pledging to take on the mission of national security promotion and education by disseminating national security messages to schools. Mr Tang and Dr Sze were joined by the Permanent Secretary for Security, Mr Patrick Li, and the Under Secretary for Security, Mr Michael Cheuk, to launch the Andy & Bear KinderFest school tour during the ceremony.
 
     Afterwards, the Andy & Bear KinderFest held its first workshop. Members of the Leaders Forum told a story from the national security comics Andy and Security Bear, and interacted with the young children through a question-and-answer session, inculcating basic national security concepts in a relaxed atmosphere.
 
Before concluding the ceremony, Mr Tang reminded the audience that the 2025 Legislative Council General Election will be held on December 7 and appealed to the public to cast their votes. Holding promotional items showing election messages, the guests chanted the election slogan “Join the Election Together We Create the Future”.
 

Tender for re-opening of 10-year HKD HKSAR Institutional Government Bonds to be held on November 5

Source: Hong Kong Government special administrative region

The following is issued on behalf of the Hong Kong Monetary Authority:

The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced today (October 30) that a tender of 10-year HKD institutional Government Bonds (Bonds) through the re-opening of existing 10-year Government Bond issue 10GB3507001 under the Infrastructure Bond Programme will be held on Wednesday, November 5, 2025, for settlement on Thursday, November 6, 2025.
 
An additional amount of HK$1.0 billion of the outstanding 10-year Bonds (issue no. 10GB3507001) will be on offer. The Bonds will mature on July 24, 2035, and will carry interest at the rate of 3.17 per cent per annum payable semi-annually in arrear. The Indicative Pricings of the Bonds on October 30, 2025, are 102.81 with an annualised yield of 2.857 per cent.
 
Tender is open only to Primary Dealers appointed under the Infrastructure Bond Programme. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the latest published list, which can be obtained from the Hong Kong Government Bonds website at www.hkgb.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof.
 
Tender results will be published on the HKMA’s website, the Hong Kong Government Bonds website, Bloomberg (GBHK ) and Refinitiv (IBPGSBPINDEX). The publication time is expected to be no later than 3.00 pm on the tender day.
 
HKSAR Institutional Government Bonds Tender Information

Tender information of 10-year HKD HKSAR Institutional Government Bonds:
 

Issue Number : 10GB3507001
Stock Code : 4294 (HKGB 3.17 3507)
Tender Date and Time : Wednesday, November 5, 2025
9.30 am to 10.30 am
Issue and Settlement Date : Thursday, November 6, 2025
Amount on Offer : HK$1.0 billion
Maturity : 10 years
Remaining maturity : Approximately 9.72 years
Maturity Date : Tuesday, July 24, 2035
Interest Rate : 3.17 per cent p.a. payable semi-annually in arrear
Interest Payment Dates : January 24 and July 24 in each year, commencing on the Issue Date up to and including the Maturity Date, subject to adjustment in accordance with the terms of the Institutional Issuances Information Memorandum of the Infrastructure Bond Programme and Government Sustainable Bond Programme (Information Memorandum) published on the Hong Kong Government Bonds website.
Method of Tender : Competitive tender
Tender Amount : Each competitive tender must be for an amount of HK$50,000 or integral multiples thereof. Any tender applications for the Bonds must be submitted through a Primary Dealer on the latest published list.

The accrued interest to be paid by successful bidders on the issue date (November 6, 2025) for the tender amount is HK$455.96 per minimum denomination of HK$50,000.

(The accrued interest to be paid for tender amount exceeding HK$50,000 may not be exactly equal to the figures calculated from the accrued interest per minimum denomination of HK$50,000 due to rounding).

Other Details : Please see the Information Memorandum available on the Hong Kong Government Bonds website or approach Primary Dealers.
Expected commencement date of dealing on
the Stock Exchange
of Hong Kong Limited
: The tender amount is fully fungible with the existing 10GB3507001 (Stock code: 4294) listed on the Stock Exchange of Hong Kong.
Use of Proceeds : The Bonds will be issued under the institutional part of the Infrastructure Bond Programme. Proceeds will be invested in infrastructure projects in accordance with the Infrastructure Bond Framework published on the Hong Kong Government Bonds website.