MIL Asia Pacific Publishing Engine

LegCo Secretariat releases Policy Pulse on “Northern Metropolis-building a new international innovation and technology city” 
     The Chief Executive, Mr John Lee, will attend an Interactive Exchange Question and Answer Session at LegCo tomorrow (May 29) to discuss with Members topics including ways to accelerate the development of NM. Members have long attached great importance to NM’s development, and the Subcommittee on Matters Relating to the Development of the Northern Metropolis was set up in April 2022 to put forward a number of specific proposals. These include the suggestion of a mode of “large-scale land disposal” which the Government adopted to identify sizeable land parcels with commercial value and earmarked for provision of public facilities, and grant them to successful bidders for integrated development. This approach not only speeds up the development of the land parcels and enables co-ordinated urban design, but also reduces public expenditures.
 
     NM spans 30 000 hectares, covering approximately one-third of Hong Kong’s total area. It encompasses the Yuen Long and North districts and borders Shenzhen with seven land boundary control points. This area is a major hub for Hong Kong to integrate into the overall national development and a new engine for the city’s future growth. It is projected to approximately provide 500 000 additional residential units and create around 650 000 new jobs upon full development.
 
     The National 14th Five-Year Plan indicated clear support for Hong Kong’s development into an international I&T centre. Under a new industry pattern of “South-North dual engine (finance-I&T)”, NM will develop into a “new international I&T city” to further promote co-ordinated development of I&T industries among Hong Kong and cities in the Greater Bay Area. The I&T Zone of NM encompasses the San Tin Technopole and the Hong Kong-Shenzhen Innovation and Technology Park (HSITP), as well as the Ngau Tam Mei New Development Area.
 
     The Policy Pulse outlines the strategic planning and development progress of NM’s I&T Zone, along with measures to enhance complementary collaboration with the Mainland. The Hetao Co-operation Zone—which comprises HSITP (Hong Kong Park) and the Shenzhen Park—is jointly established under the vision of “one river, two banks” and “one zone, two parks” and enjoys unique advantages in cross-boundary co-operation. HSITP will be made up of different zones which mainly include Life and Health Technology zone, Artificial Intelligence and Data Science zone and New Technology and Advanced Manufacturing zone. With the first batch of tenants expected to move in starting this year, HSITP will officially enter into its operational phase.
 
     The Government estimates that upon its full-fledged development, HSITP’s economic contribution to Hong Kong will reach HK$52 billion per annum. Under the framework of “one country, two systems”, Members consider that the Government should optimise the advantages of the Loop in cross-boundary co-operation and explore forward-looking policies and systems in frontier fields such as cross-boundary data flow, intellectual property protection and fintech innovation. Members also suggest that the Government should actively develop a “base for pilot-scale test” in HSITP. Additionally, Members are of the view that the Government should proactively seek innovation and changes by introducing more preferential policies in respect of land supply, dedicated funding, tax deductions, etc., in order to attract more international capital and major I&T enterprises to establish their foothold in HSITP. The Government should also enhance inter-bureau and inter-departmental co-ordination to expedite the implementation of land development and transport infrastructure projects in HSITP. Moreover, in order to enhance the training of I&T talent and promote “research, academia and industry” collaboration, Members suggest that the Government should develop NM University Town into a research and development as well as technology transfer hub to support the area, while encouraging post-secondary institutions to strengthen co-operation with renowned Mainland and overseas institutions, and creating synergy through sharing resources and enhancing collaboration with industries in the area.
 
     The detailed content of “Northern Metropolis-building a new international innovation and technology city” is available on the LegCo Website. The Policy PulseIssued at HKT 15:45

Expanding scope of regulated mercury-added products under Mercury Control Ordinance 
     A spokesman for the Environment and Ecology Bureau said today (May 28) that the newly regulated mercury-added products will be listed in Schedule 3 to the Ordinance, including some electronic/electrical/lighting products and cosmetics. For details, please refer to the Annex. The amendments related to the first eight mercury-added products will take effect from December 31, 2025. The effective date(s) of the amendments related to the other eight mercury-added products will be announced separately after the relevant international convention becomes applicable to the Hong Kong Special Administrative Region (HKSAR).
 
     In terms of enforcement, once the amendments to the Ordinance come into effect, the manufacture, import, export and supply of the relevant regulated mercury-added products will be prohibited. Anyone who contravenes the above regulations commits an offence and, upon conviction, is liable to a maximum fine of $50,000 and imprisonment for one year. The Government has set a grace period (until January 2029) for the supply of newly regulated mercury-added products to help the public adapt. After the specified deadline (i.e. after January 2029), if anyone continues to supply the relevant regulated mercury-added products, the authorities will initiate prosecution after collecting sufficient evidence and will also include the above implementation arrangements in the relevant guidelines.
 
     The spokesman said, “Bringing these mercury-added products under the regulation of the Ordinance can safeguard public health and protect the environment. It will at the same time enable the HKSAR to implement the amendments made to the Minamata Convention on Mercury to phase out mercury-added products.”
 
     The Convention is an international convention aimed at protecting human health and the environment from the harmful effects caused by the anthropogenic emissions and releases of mercury and mercury compounds. At the fourth and fifth meetings of the Conference of the Parties to the Convention in 2022 and 2023, the Parties agreed to phase out 16 mercury-added products progressively between 2025 and 2027, taking into account the availability of mercury-free substitutes.
Issued at HKT 15:42

NNNN

LCQ6: Promoting traditional customs and cultural activities 
Question:
 
It is learnt that the traditional customs of “Petty Person Beating” and “Offering Sacrifices to the White Tiger” carried out underneath the Canal Road Flyover (commonly known as “Ngo Keng Kiu”) in Causeway Bay have attracted quite a number of tourists to view and experience them. However, due to the crowded environment at the location, there have been conflicts between tourists and local residents from time to time, which is not conducive to the promotion of the relevant cultural activities. In this connection, will the Government inform this Council:
 
(1) whether it has compiled statistics on the change in the number of stall operators carrying out the aforesaid traditional customs and cultural activities underneath the flyover in the past 10 years; if so, of the details; if not, the reasons for that;
 
(2) of the details of the authorities’ work in promoting the aforesaid traditional customs and cultural activities in the past three years, and whether the effectiveness of such work has been assessed; and
 
(3) as it is learnt that at present, the aforesaid stall operators only hold business registration certificates and there is no accreditation mechanism for such cultural activities, while the management of stall operators and related activities also involves different policy areas (e.g. environmental hygiene and cultural tourism), whether the Government has considered setting up an interdepartmental management group to improve the relevant accreditation and management work with the focus on cultural conservation, so as to reduce the conflicts between tourists and residents while balancing the operational needs of the industry; if so, of the details; if not, the reasons for that?
 
Reply:
 
President,
 
President Xi Jinping once pointed out that the outstanding traditional Chinese culture is the spiritual lifeblood of the Chinese nation. The current-term Government is committed to promoting the outstanding traditional Chinese culture and has introduced multiple measures over the past two years, including establishing the Chinese Culture Promotion Office and organising the Chinese Culture Festival. “Promote Profound Traditional Chinese Culture and Develop Cultural Contents with Hong Kong Character” was also formulated as one of the four strategic directions in the Blueprint for Arts and Culture and Creative Industries Development promulgated at the end of last year.
 
From the perspective of traditional culture, whether a custom qualifies as “outstanding” traditional culture depends on its cultural values in terms of diversity and pluralism. The merit of traditional culture should also be evaluated based on among others, its transmission, dissemination, and level of prevalence.
 
Both “Offering Sacrifices to White Tiger” and “Beating Petty Person” are traditional Chinese culture with certain folk customs and symbolic meanings. In folk belief, White Tiger is seen as a malevolent spirit believed to bring misfortune. Thus, the ritual of “Offering Sacrifices to White Tiger” aims to ward off bad luck and troubles. “Beating Petty Person”, a folk custom in southern China, involves striking paper effigies or wooden figures with various tools to drive away bad luck and negative energy.
 
The “Offering Sacrifices to White Tiger during Insects Awaken Day” is included as one of the items on the Intangible Cultural Heritage (ICH) Inventory of Hong Kong. The item specifically pertains to the practice of “Offering Sacrifices to White Tiger” conducted on the “Insects Awaken Day” within the “Twenty-Four Solar Terms” system, which typically falls on the 5th or 6th of March in the Gregorian calendar. This practice conducted on the “Insects Awaken Day” may include “Beating Petty Person”, and the practice of “Offering Sacrifices to White Tiger” can take place at various venues across Hong Kong, without limitation to any specified location. However, the “Offering Sacrifices to White Tiger” and “Beating Petty Person” activities underneath the Canal Road Flyover (commonly known as “Ngo Keng Kiu”) in Causeway Bay are operated all year round in general. These activities, which are not included in the scope of the “Twenty-Four Solar Terms” social practices, constitute commercial operations conducted by service providers.
 
In consultation with the Home and Youth Affairs Bureau and the Environment and Ecology Bureau, my consolidated reply to the question raised by the Hon Edward Leung is as follows:
 
The area underneath Canal Road Flyover is a renowned location for “Beating Petty Person”. While peak activity occurs during the “Insects Awaken Day” in March each year, the stalls operate “year-round”. Currently, around ten stalls operate beneath the flyover for this ritual, primarily concentrated along the pedestrian walkway facing the Hennessy Road tram tracks.
 
Relevant departments have all along been following up on the environmental hygiene and street management issues arising from “Beating Petty Person” and carrying out enforcement actions within their respective jurisdictions. The Wan Chai District Office (WCDO) co-ordinates interdepartmental clearance operations (Joint Operation) on a regular basis to mitigate nuisances caused by these activities to the local residents and the surrounding environment. On-street activities may involve the purviews of various departments. The work of the Food and Environmental Hygiene Department (FEHD) is mainly to maintain environmental hygiene. The FEHD has been monitoring the traditional customs of “Beating Petty Person” underneath the Canal Road Flyover and officers will, during their routine inspection, take appropriate actions based on the actual circumstances to maintain environmental hygiene.
 
From January to May 2025, the WCDO coordinated a total of nine Joint Operations at the aforementioned location. Prior to the operation, the Government will post notices on unauthorised articles placed on Government land, reminding owners to remove the obstructive items. During the Joint Operation day, any remaining articles would be cleared by the FEHD. The WCDO will advise the “Beating Petty Person” practitioners to maintain clear pedestrian pathways. The Hong Kong Police Force will be present to maintain public order and provide assistance as required. Furthermore, any unauthorised structures found to be occupying Government land would be referred to the Lands Department for follow-up action.
 
In alignment with the objective of promoting the outstanding traditional Chinese culture, the Culture, Sports and Tourism Bureau and the Leisure and Cultural Services Department (LCSD) are committed to safeguarding, transmitting and promoting the ICH of Hong Kong while actively supporting the national policies on furthering the safeguarding of ICH. For ICH items across diverse domains, various corresponding measures are implemented to strengthen different aspects of work such as identification, documentation, research, preservation, promotion and transmission and to enhance the public’s understanding of ICH and engage the community in safeguarding ICH. An example of these measures includes the ICH Funding Scheme of the LCSD, which supports eligible local organisations and individuals in implementing meaningful local ICH projects to promote the items on the ICH Inventory of Hong Kong. In addition, the LCSD will also develop a mechanism and criteria in 2025 for recognising the bearers of the items on the Representative List of the ICH of Hong Kong, as well as organising the “Hong Kong ICH Month”. As to “Offering Sacrifices to White Tiger during Insects Awaken Day”, the first “Hong Kong ICH Month” to be held in June this year will include workshops to introduce “Twenty-Four Solar Terms”, including the introduction of this ICH item of “Insects Awaken Day”.  
 
In addition, the one-stop travel information platform of the Hong Kong Tourism Board, DiscoverHongKong, features information on “Beating Petty Person” under Ngo Keng Kiu. If visitors are interested, they can experience this distinctive local custom firsthand.
Issued at HKT 15:42

NNNN

LCQ8: A dedicated “technology enterprises channel” 
(1) whether it knows the expected outcomes of TECH;
 
(2) whether it knows the differences between TECH and the original listing mechanism for technology enterprises, and how HKEX will strengthen the co-ordinated operation of the two;
 
(3) whether it knows how HKEX will optimise the structure and vetting procedures of its Listing Division to cope with the large number of service applications upon establishment of TECH, thereby enhancing the attractiveness of the relevant policies; and
 
(4) as TECH allows submission of listing applications by technology enterprises on a confidential basis so as to reduce the risks associated with premature disclosure of their specialist technology, whether the Government knows how HKEX will strike a balance between protecting the intellectual property rights of technology companies and maintaining market transparency?
 
Reply:
 
President,
 
     Hong Kong has always been committed to attracting high-quality companies from around the world to list in Hong Kong. To further assist specialist technology (Note) and biotechnology companies in raising funds and developing their businesses, the 2025-26 Budget announced that the Hong Kong Exchanges and Clearing Limited (HKEX) will take forward the establishment of a dedicated “technology enterprises channel” (TECH) to facilitate relevant enterprises to prepare for listing applications. The Securities and Futures Commission (SFC) will also facilitate for a smoother application process. In consultation with HKEX and the SFC, the reply to the four parts of the question is as follows:
 
(1) to (3) The main purpose of launching TECH is to provide tailored guidance to specialist technology companies and biotechnology companies before they submit their listing applications, thereby providing support to these prospective issuers in their listing preparation process. HKEX and the SFC formally launched TECH on May 6, 2025. The market response has been enthusiastic, with HKEX receiving a large number of enquiries, achieving the anticipated result.
 
     Compared to general applications, TECH can address key matters of these companies at the initial stage of listing preparation and help them better understand the applicable Listing Rules, enabling them to prepare listing materials more effectively. Specifically, TECH includes the following measures:
 
(a) a specialised team of HKEX to provide concrete guidance on the eligibility and suitability for listing, such as acceptable sectors for specialist technology industries, requirements for core products, criteria for acceptance of other biotech products or clinical trials conducted under the regulation of different authorities, as well as considerations for accepting new sectors or industries outside the current scope as specialist technology industries;
 
(b) to proactively approach prospective applicants to gain a better understanding of the company’s business and facilitate their comprehension of the Listing Rules’ requirements; and
 
(c) to discuss with applicants on other Listing Rules-related questions and provide preliminary guidance.
 
     Depending on the number of applications, HKEX and the SFC will flexibly deploy their manpower to meet the demand for vetting applications and other services, ensuring that other applications are not affected.
 
     At the same time, HKEX and the SFC are taking forward enhancements to the listing regime, including reviewing specific requirements for primary listing, secondary listing and dual primary listing as well as post-listing regulatory mechanism, improving the overall vetting regulation for enterprises seeking to list in Hong Kong, with a view to enhancing the vitality, competitiveness and resilience of Hong Kong’s listing platform. The relevant measures will be announced with market consultation to be conducted as appropriate once they are ready.
 
(4) Compared to other industries, specialist technology companies and biotechnology companies are typically companies that are in their early stage of development or have yet to commercially launch their products. Premature and prolonged disclosure of information on these companies’ operational strategies, proprietary technologies, and listing plans may pose substantial commercial risks to these companies. To assist these companies in mitigating relevant risks, HKEX allows applicants seeking a listing under Chapters 18C (i.e. specialist technology companies) and 18A (i.e. biotechnology companies) of the Listing Rules to submit their applications confidentially.
 
     To maintain transparency and assist investors in considering the subscription of relevant shares, the applicants concerned are still required to publish relevant information of the company after the hearing of the Listing Committee, which includes post-hearing information packs and overall co-ordinator announcement, covering the company’s organisation, business operations, directors and senior management, major shareholders, share capital, financial reports, etc. The measure aims to promote market development, respond to the practical needs of issuers, and adapt to global market changes, while ensuring that the listing regime safeguards the interests of investors.
 
Note: The specialist technology industries includes next-generation information technology, advanced hardware and software, advance materials, new energy and environmental protection, and new food and agriculture technologies.
Issued at HKT 15:00

NNNN