Going global seminar held

Source: Hong Kong Information Services

The Task Force on Supporting Mainland Enterprises in Going Global today held a seminar to promote Hong Kong’s unique advantages in going global and the opportunities offered by the Northern Metropolis (NM).

More than 120 representatives of central and other state-owned enterprises preparing to attend the 11th Belt & Road Summit joined the “Set Sail from Hong Kong, Harness the Power of the Northern Metropolis – Mainland Enterprises Going Global Seminar”.

Addressing the seminar, Secretary for Commerce & Economic Development Algernon Yau said that Hong Kong, with its international business environment, world-class professional services, and top-tier talent, is the best home port for enterprises setting sail overseas.

Under his leadership, the task force helps enterprises go global in an orderly manner through a three-step approach of “bringing in”, making preparations in Hong Kong for going global, and “reaching out”.

He added that the NM offers enormous development potential and ample land for industrial use, which are conducive to enterprises establishing and growing their operations in Hong Kong and venturing into overseas markets with the support of Hong Kong’s world-class professional services.

The seminar featured two thematic discussions. The first explored the industrial layout of the NM and how the opportunities arising from its modern logistics ecosystem can help internationalise the businesses of Mainland enterprises.

The second examined how Mainland enterprises can leverage Hong Kong’s advantages to respond to the new dynamics of global commodity markets and the strains on overseas supply chains, as well as how to optimise overseas trade, commodity hedging and risk management.

Haze Situation Update (08 September 2026)

Source: Government of Singapore

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Haze Situation Update (08 September 2026)

08 Sep 2026

Air Quality Forecast

24-hour PSI: Moderate – Low Unhealthy

Health Advisory

Healthy persons: If 24 hr PSI is Moderate, normal activities. If 24 hr PSI is Unhealthy, reduce prolonged or strenuous outdoor physical exertion.
Elderly, pregnant women & children: If 24 hr PSI is Moderate, normal activities. If 24 hr PSI is Unhealthy, minimise prolonged or strenuous outdoor physical exertion.
Persons with chronic lung/heart disease: If 24 hr PSI is Moderate, normal activities. If PSI is Unhealthy, avoid prolonged or strenuous outdoor physical exertion.

Refer to the 1-hr PM2.5 for immediate activities, and the 24-hr PSI forecast to plan ahead.

Singapore, 08 September 2026 – Partly cloudy conditions were observed over Singapore today. As at 6pm, the 1-hr PM2.5 concentration readings were 32 – 63 μg/m3, in Band 1 – 2 (Normal to Elevated), and the 24-hr PSI was 62 – 74, in the Moderate range.

Update on Hotspot and Haze Situation

  1. Moderate to dense smoke plumes continue to be observed from the fires in southern and central Sumatra and Kalimantan. Some smoke haze also drifted towards Singapore from isolated nearby fires.
  1. With dry conditions expected to persist over southern Sumatra and parts of Kalimantan in the coming days, there remains a risk of smoke haze. The 24-hr PSI for Singapore is forecast to be in the Moderate – Low Unhealthy range.

Activity Guidelines

  1. The health impact of haze is dependent on one’s health status, the PSI level, and the length and intensity of outdoor activity. For immediate outdoor activities, please check the 1-hr PM2.5 concentration readings and personal guide. Use the 24-hr PSI forecast and corresponding health advisories for planning next day outdoor activities.
  1. For updates, visit our haze microsite ( www.haze.gov.sg), the NEA website (www.nea.gov.sg), MSS website ( www.weather.gov.sg), mobile app (myENV) or follow us on NEA Facebook ( www.facebook.com/NEASingapore). For information on the distribution of hotspots detected over the past fortnight in the region, please refer to the ASEAN Specialised Meteorological Centre (ASMC) website at http://asmc.asean.org.
  2. Areas with lighter smoke haze are not indicated as they cannot be clearly discerned from satellite imagery.

– End –

HK ensures educational equity

Source: Hong Kong Information Services

The Programme for International Student Assessment (PISA) 2025 results show Hong Kong continuing to score above the international average in many domains and excelling in educational equity and in “Learning in the Digital World”.

The assessment involved 91 countries and economies. The Education Bureau said 6,445 15-year-old students from 230 Hong Kong secondary schools participated.

In the study’s “Learning in the Digital World” category, Hong Kong ranked sixth globally with a score of 545, performing significantly above the international average of 500. Over 40% of the students assessed attained high proficiency levels, demonstrating their ability to manage moderate to sophisticated programming and modelling, and to apply computational logic.

While Hong Kong’s scores in mathematical, scientific and mother-tongue reading literacy saw a decline compared to PISA 2022, the overall performance remained steadily above the international average.

Research Professor Hau Kit-tai from the Chinese University of Hong Kong’s Department of Educational Psychology, who joined the PISA Technical Advisory Group for 10 years, noted that learning disruptions caused by the COVID-19 pandemic during a critical stage of development contributed to the widespread decline in global scores.

Prof Hau said results around the world had declined across all subjects, particularly over the past five years, and that COVID-19 was one of the main reasons.

He added that the main Hong Kong PISA 2025 assessment was delayed as testing was pushed to June and July so as not to coincide with the Easter holiday. However, when the assessment was eventually held, many schools were holding internal examinations. Since PISA is a survey rather than a school examination, some students might not have taken it as seriously.

Hong Kong also maintained its position as one of the world’s leaders in educational equity, having consistently ranked in the top three on this metric.

In addition, the study found that local students demonstrated a high level of motivation when it came to attending school. Prof Hau stressed that Hong Kong has relatively few students who are late for school or absent without reason, reflecting a positive learning atmosphere in schools.

The Government has established the Expert Group on Educational Performance Evaluation in order to conduct a comprehensive review of Hong Kong’s performance in major international assessments. The Education Bureau will study the group’s recommendations with a view to maintaining the strengths of local schooling and further enhance Hong Kong students’ international competitiveness.

The bureau reiterated its commitment to promoting the high-quality development of Hong Kong education and referred to the Blueprint for Digital Education Development in Primary & Secondary Schools, which focuses heavily on artificial intelligence education. The initiative aims to equip the younger generation to embrace both the opportunities and challenges of the digital era.

President Lai meets delegation from Kanagawa Prefecture Japan-Taiwan Friendship Association

Source: Republic of China Taiwan

President Lai meets delegation from Kanagawa Prefecture Japan-Taiwan Friendship Association
On the afternoon of September 7, President Lai Ching-te met with a delegation from the Kanagawa Prefecture Japan-Taiwan Friendship Association. In remarks, President Lai thanked the association for its long-term promotion of Taiwan-Japan exchanges and parliamentary diplomacy. The president pointed out that Taiwan and Kanagawa Prefecture each have their own advantages in fields such as semiconductors, AI, R&D, and precision manufacturing, and expressed hope that both sides will continue to expand industrial cooperation and build more secure and more resilient non-red supply chains.
A translation of President Lai’s remarks follows:
First, I would like to welcome the delegation to Taiwan. In November this year, the Kanagawa Prefecture Japan-Taiwan Friendship Association will commemorate its 60th anniversary. On this especially meaningful occasion, I am delighted to meet and exchange ideas with the delegation led by Chairman Nakanishi Kenji, and to extend my sincere congratulations. For the past 60 years, the association has been a steadfast friend of Taiwan. Through commemorative events and sending visiting delegations to Taiwan, it has continuously deepened Taiwan-Japan relations and become an important partner in promoting Taiwan-Japan exchanges and parliamentary diplomacy. On behalf of the people of Taiwan, I want to express our sincere gratitude.
Taiwan and Japan have a deep friendship epitomized by the saying “a friend in need is a friend indeed.” I want to give special thanks to the association for launching fund-raising campaigns on multiple occasions to help Taiwan in the wake of earthquakes. When the Kumamoto earthquake struck in July this year, Taiwan also rallied government and private-sector efforts. We hope that these relief activities can help our Japanese friends who were affected by the disaster return to normal life as soon as possible and allow reconstruction work to proceed smoothly. Through mutual assistance in times of disaster, Taiwan and Japan have built family-like bonds.
Taiwan and Japan are also important economic and trade partners. Last year, Taiwan’s total trade with Japan reached US$84.851 billion, an increase of 17.36 percent. Exchanges between the two sides in industries such as electronic information and communications technology and mechanical parts are also growing closer. Kanagawa Prefecture is a hub for Japan’s high-tech and advanced manufacturing industries. Taiwan Semiconductor Manufacturing Company (TSMC) has established a design center in Kanagawa Prefecture, and 13 Taiwanese companies, including Advanced Semiconductor Engineering (ASE), have also set up operations there. At the same time, 78 companies from Kanagawa Prefecture, including Nissan Motor, have invested in Taiwan.
TSMC and ASE are the world’s most important companies in advanced semiconductor processes and packaging and testing, respectively. Both of these companies have invested in Kanagawa Prefecture, indicating a very close relationship between Taiwan and Kanagawa. Taiwan has advantages in semiconductors and AI manufacturing, while Kanagawa has strengths in R&D and precision manufacturing. I am confident that by expanding our cooperation, we will surely be able to build more secure and more resilient non-red supply chains.
Yokohama City in Kanagawa Prefecture is a popular travel destination for many Taiwanese, and Taiwanese visits to Japan now number some six million a year. I was pleased to learn that Yokohama will host the International Horticultural Expo next year. When I visited Yokohama some years ago, many people told me, “We really like Taiwan and have deep affection for Taiwan.” That left a very deep impression on me.
I sincerely hope that through this major event in Yokohama, Taiwan and Japan will have more exchanges in fields like green energy, sustainability, and urban tourism. I also hope that in the future, Taiwan and Kanagawa Prefecture will continue their deep friendship and that our joint efforts will take Taiwan-Japan relations to the next level. In closing, I would like to once again welcome our guests and thank them for supporting Taiwan. I wish you a smooth and successful 60th anniversary celebration. May the association continue to prosper with each passing day.
Association Chairman Nakanishi Kenji then delivered remarks, saying that the Kanagawa Prefecture Japan-Taiwan Friendship Association sends a delegation to visit Taiwan every year. As the current visit coincides with the association’s 60th anniversary, he said, a delegation of 60 people was especially formed to visit Taiwan. It includes six members of Japan’s House of Representatives and many private citizens who hope to deepen exchanges through culture and the economy. All of them, he said, are great friends of Taiwan. He mentioned that the association plans to hold its 60th anniversary celebration activities in Yokohama on November 27.
Chairman Nakanishi mentioned that Kanagawa Prefecture is home to the famous Hakone hot springs, and that on this trip, they proposed the idea of establishing a sister relationship between the hot springs of Japan’s Hakone and Taiwan’s Beitou. Recently, he said, they held a meeting with the Taipei Hot Spring Development Association and other organizations, where the participants engaged in lively discussion. He said it is hoped that a memorandum of understanding can be signed during the 60th anniversary celebration on November 27. He added that the International Horticultural Expo will be held in Yokohama next March, and they hope that friends from Taiwan will participate to further deepen Taiwan-Japan exchanges.
Chairman Nakanishi pointed out that Taiwan provided significant aid to Japan after the recent Kumamoto earthquake, and that Prime Minister Takaichi Sanae expressed deep gratitude to Taiwan. He added that after the Great East Japan Earthquake of 2011 and the Noto Peninsula Earthquake of 2024, Taiwan also provided significant assistance to Japan, for which the Japanese people expressed deep gratitude. Taiwan and Japan being in areas frequently affected by natural disasters, the chairman said he believes that we still have considerable room for cooperation in disaster prevention and should continue to strengthen collaboration in the future.
Turning to the economy, Chairman Nakanishi stated that Taiwan and Japan are closely connected. He noted that Taiwan is driving economic development through the AI and semiconductor industries, while in Japan, TSMC’s presence in Kumamoto is revitalizing Kyushu’s economy, and the overall economy is also showing an upward trend.
Chairman Nakanishi mentioned that when the delegation visited the Taiwan-Japan Relations Association this morning, Chairman Frank Hsieh described the relationship between Japan and Taiwan as a “community with a shared destiny.” Chairman Nakanishi said he believes that there is room for future cooperation not just in AI and semiconductors, but in such fields as the space industry and quantum technology as well, and he expressed hope to further deepen Taiwan-Japan relations on our already solid foundation. The chairman said that they will continue to work hand in hand with all sectors to deepen exchanges and friendship between Taiwan and Japan.
The delegation also included Japanese House of Representatives Members Nakada Hiroshi, Kusama Tsuyoshi, Nitta Shobun, Maruo Natsuko, and Kanazawa Yui.

Sci-Tech cluster maintains global lead

Source: Hong Kong Information Services

The Hong Kong Special Administrative Region Government today welcomed the World Intellectual Property Organization (WIPO) ranking of the Shenzhen-Hong Kong-Guangzhou cluster as first globally again in its Global Innovation Index 2026 top 100 innovation clusters.

The Government stated that the ranking reaffirmed the outstanding innovative capacity and the vibrant innovation and technology (I&T) financing ecosystem of the Guangdong-Hong Kong-Macao Greater Bay Area.

WIPO evaluates world-class innovation hubs using three key metrics: international patent-filings via the Patent Cooperation Treaty, scientific publications and venture capital deals. For this year’s index, the Shenzhen-Hong Kong-Guangzhou cluster recorded 2,259 Patent Cooperation Treaty applications, 4,060 scientific articles and 138 venture capital deals per 1 million inhabitants over the past five years.

Expediting I&T development remains a top policy priority for the current-term Government, and those efforts have started to bear fruit. The number of start-ups rose from over 1,500 in 2015 to more than 5,200 in 2025, while the city’s two I&T flagships – Hong Kong Science Park and Cyberport – have collectively nurtured around 20 unicorn enterprises.

Infrastructure expansion has further boosted regional integration. The Hong Kong Park of the Hetao Shenzhen-Hong Kong Science & Technology Innovation Co-operation Zone (the Loop Hong Kong Park) officially opened in December last year, with over 100 technology enterprises and institutions already signing leases.

By leveraging the advantages of the alliance between Hong Kong and Shenzhen, the Loop Hong Kong Park will serve as an international platform for basic scientific research, commercialisation and pilot production, driving high-quality development.

Additionally, the San Tin Technopole Company Limited was established in June this year to drive the development of 210 hectares of I&T land. This hub will form a vital node connecting upstream, midstream and downstream industries alongside the Loop Hong Kong Park.

Hong Kong also maintains a robust private equity market with assets under management close to US$250 billion, ranking second in Asia after the Chinese Mainland. 

Looking ahead, the Government added that Hong Kong will proactively align with the National 15th Five-Year Plan to strengthen the city’s strategic position as an international I&T centre. It emphasised that Hong Kong will further deepen collaboration with the Greater Bay Area sister cities, contributing to the country’s efforts in building a modern industrial system and achieving high-level scientific and technological self-reliance and strength.

Speech by SITI at 3rd GTI Forum on Digital Intelligence · Hong Kong (English only)

Source: Hong Kong Government special administrative region

Speech by SITI at 3rd GTI Forum on Digital Intelligence · Hong Kong (English only)

Following is the speech by the Secretary for Innovation, Technology and Industry, Professor Sun Dong, at the 3rd GTI Forum on Digital Intelligence · Hong Kong today (September 8):

(CPC Committee Member and Vice Chairman of the State-owned Assets Supervision and Administration Commission of the State Council, Mr Li Zhen), (Deputy Director of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region Mr Zhang Yong), (Chairman of GTI, Mr Gao Tongqing),  (Honorary Chairman of GTI and former Secretary General of the International Telecommunication Union, Mr Zhao Houlin), (Executive Vice President of China Mobile, Mr Li Huidi), distinguished guests, ladies and gentlemen,

Good morning. It is my great pleasure to join you at the 3rd GTI Forum on Digital Intelligence · Hong Kong, and exchange insights with professionals like you all on cutting-edge artificial intelligence (AI) technologies and innovative applications.

As the world accelerates towards an AI-driven future, AI has become an important part of an economy’s core competitiveness. Echoing this global momentum, the HKSAR (Hong Kong Special Administrative Region) Government has elevated AI into a key industry. We are integrating into the national “AI+” action at full steam while developing Hong Kong into an international innovation and technology (I&T) centre.

When I spoke at the past two editions of this forum, I shared Hong Kong’s ongoing breakthroughs in our I&T journey. Today, this momentum is gathering pace. On strategy formulation, a Committee on AI+ and Industry Development Strategy was established this year to formulate priorities for AI-driven industrial transformation and to foster deeper integration of AI with various industries. We are also establishing the Hong Kong AI Research and Development Institute this year to spearhead upstream R&D (research and development), alongside midstream and downstream translation and industrial application. Infrastructure-wise, in addition to our existing computing power, the Sandy Ridge Data Facility Cluster now under construction will provide 180 000 PFLOPS (peta-floating point operations per second) by 2032, multiplying our existing computing power by 36-fold to further Hong Kong’s position as a regional data hub.

While the Government has been actively promoting the development and application of AI technology, we are equally aware of the importance of ethical use of AI. The Digital Policy Office published application guides to offer practical guidance to technology developers, service providers, and users.

To promote the widespread adoption of AI across society, we launched the $50 million “AI for All” Inclusive Programme in partnership with three institutions: Cyberport which popularises the basics and promotes AI awareness and a culture of responsible AI use among the general public; the Hong Kong Science and Technology Parks which enhances professional empowerment and translates AI knowledge into practical skills and employability; and the Hong Kong Productivity Council which focuses on practical training and optimisation tailored to AI-workplace scenarios. There will be altogether over 200 activities organised to enhance AI literacy across all sectors of society.

Ladies and gentlemen, all the initiatives I just mentioned demonstrate how the HKSAR Government promotes the development of the core AI technology, while emphasising its widespread application and security. We welcome I&T enterprises from all over the world to leverage Hong Kong’s unique advantages in international networks and professional services to scale their businesses and to bring innovative solutions to the global market.

I wish the GTI forum another year of success and all of you a fruitful experience. For those who are visiting Hong Kong for the first time, a big welcome and I wish you a memorable stay in this vibrant city. Thank you.

Ends/Tuesday, September 8, 2026
Issued at HKT 10:45
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Secretary for Health chairs 30th meeting of Research Council under Health Bureau

Source: Hong Kong Government special administrative region

Secretary for Health chairs 30th meeting of Research Council under Health Bureau  
     Professor Lo said, “Successful translation and application of research findings can enhance citizens’ health and public health standards. The research translation strategy adopted by the HMRF last year has been gradually implemented, setting a clear direction for promoting the translation of research findings into practical  applications. The HMRF will continue to drive research translation and promote research findings with potential, so that the relevant findings can more effectively support the evidence-based healthcare policies in addressing increasingly complex health challenges in Hong Kong.
 
      “Over the past year, many projects successfully secured additional funding for subsequent research, enabling further translation of their outcomes. The HHB will continue to foster scientific research and innovation in the healthcare field, and promote high-quality outcome translations through the HMRF, supporting Hong Kong’s development into an international health and medical innovation hub.”
 
      Professor Lo was pleased to note the significant translation results and the impacts of the research, as revealed from the surveys conducted on 123 HMRF-funded projects in 2026. These include:
 
(1) Close to 80 per cent of the projects published their research findings in peer-reviewed journals, showcasing that the HMRF is effective in supporting knowledge generation; 

(2) Over 40 per cent of the projects received additional funding support from the HMRF and other funding sources for subsequent research, with each project receiving an additional funding (excluding the HMRF) amounting to more than three times that of the original HMRF grant on average;  
(i) The development of a set of long noncoding ribonucleic acid biomarkers to provide a reliable prognostication applicable to patients with acute myeloid leukaemia (AML). The study findings have contributed to the expansion of genetic testing-related services in the Hospital Authority (HA). The services are now available at all HA clusters for all newly diagnosed AML patients. With a more accurate risk stratification of AML in the prognosis by healthcare providers, the application of precision medicine for individual patients could be more effectively supported;  
     At the meeting, the RC received a progress report and future plans of the research translation strategy since its endorsement in September last year, covering the entire research cycle including application, assessment, stakeholder engagement and dissemination. Members also discussed the future work plan of the HMRF, including measures on further enhancing its efficiency and quality of projects. The meeting also considered the funding applications for investigator-initiated projects under the HMRF received from last December to March this year, and endorsed a funding commitment of $207 million involving 204 projects. The exact details will be released in late September.
 
     Professor Lo said, “This year marks the beginning of the National 15th Five-Year Plan, and the Chief Executive is set to announce Hong Kong’s First Five-Year Plan and the Policy Address. We have always attached great importance to advancing research project translation and funding innovative medical scientific research in different areas, including prevention and treatment of cancers, clinical trials and digital health. We also encourage researchers to make full use of the research resources provided by the HMRF to drive the translation of medicine and clinical research, with a view to aligning with the national and Hong Kong Special Administrative Region’s development needs for the benefit of Hong Kong citizens.”
 
     Chaired by the Secretary for Health, the RC comprises members including experts from medical schools and healthcare-related disciplines of various universities as well as representatives from the Innovation, Technology and Industry Bureau, the Department of Health, the Primary Healthcare Commission, the University Grants Committee, the HA, as well as the Hong Kong Academy of Medicine and the Institute for Medical Advancement and Clinical Excellence. The RC provides strategic guidance on funding for health and medical research and health promotion projects. It oversees the management of funds under the HHB, including the HMRF, encompassing allocation of funding to approved projects.
Issued at HKT 17:30

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Shenzhen-Hong Kong-Guangzhou cluster remains No. 1 in Global Innovation Index 2026

Source: Hong Kong Government special administrative region – 4

The World Intellectual Property Organization (WIPO) published the Global Innovation Index (GII) 2026 top 100 innovation clusters today (September 8), among which the Shenzhen-Hong Kong-Guangzhou cluster ranks first globally once again.  

A spokesman for the Hong Kong Special Administrative Region Government said, “We warmly welcome the innovation cluster ranking published by WIPO, which reaffirms the outstanding innovative capacity and the innovation and technology (I&T)-supporting financing ecosystem of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

“Expediting I&T development has been a policy priority of this Government. The Government has been committed to enhancing the I&T ecosystem, as it continues to develop the original grant patent system and introduces the patent box regime, which offers tax concessions for intellectual property income to promote innovation. It is also deepening Hong Kong’s collaboration with our GBA sister cities while optimising the local I&T development paradigm and driving the in-depth integration of technological and industrial innovation. The goal is to spearhead the development of Hong Kong into an international I&T centre and contribute to building a technologically advanced nation. Our efforts have started to bear fruit. The number of start-ups rose from over 1 500 in 2015 to more than 5 200 in 2025, and Hong Kong Science Park and Cyberport, the two I&T flagships, have collectively witnessed the birth of around 20 unicorns to date. Meanwhile, the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone (the Loop Hong Kong Park) was officially opened in December 2025, and over 100 technology enterprises and institutions have signed leases and begun moving in. By leveraging the advantages of the strong alliance of Hong Kong and Shenzhen, the Loop Hong Kong Park will be an important platform for basic scientific research, commercialisation, pilot production and international I&T collaboration in the GBA, driving high-quality development. The San Tin Technopole Company Limited was also officially established in June 2026 to press ahead with the development of 210 hectares of I&T land in the San Tin Technopole, which will form a crucial node for the integrated development of upstream, midstream and downstream industries together with the Loop Hong Kong Park.

“Hong Kong has a vibrant private equity market, with assets under management of close to US$250 billion, ranking second in Asia after the Chinese Mainland. The Government has been enhancing the development of venture financing as a key element of Hong Kong’s I&T and commercialisation ecosystem. The establishment of a HK$10 billion I&T Industry-Oriented Fund, together with another HK$10 billion Research, Academic and Industry Sectors One-plus Scheme and the Pilot I&T Acceleration Scheme, aims to reinforce the funding continuum from university research and seed-stage entrepreneurship to scale-up, industrial application and global market expansion. At the same time, the Hong Kong Investment Corporation Limited acts as patient capital, investing in smaller and early-stage ventures with a long-term horizon to steer long-term market capital towards emerging and future industries. These initiatives all help deepen the I&T cluster’s entrepreneurial and venture-financing base, thereby facilitating more new economy and technology enterprises with potential to raise funds and expand their businesses in Hong Kong.

“Going forward, we will proactively align with the National 15th Five-Year Plan to strengthen our strategic positioning as an international I&T centre. Hong Kong will further deepen collaboration with the GBA sister cities, contributing to our country’s efforts in building a modern industrial system and achieving high-level scientific and technological self-reliance and strength.”

The GII Cluster ranking identifies local concentrations of world-class innovation activity using three key metrics, viz international patent filings via WIPO’s Patent Cooperation Treaty (PCT), scientific publications, and the number of venture capital deals. For this year’s ranking, the Shenzhen-Hong Kong-Guangzhou cluster filed 2 259 PCT applications, published 4 060 scientific articles, and had 138 venture capital deals, all per 1 million inhabitants over the last five years.

Record year for investment product sales in Hong Kong with robust demand for FICC-related products: SFC-HKMA joint survey 2025

Source: Hong Kong Government special administrative region

Record year for investment product sales in Hong Kong with robust demand for FICC-related products: SFC-HKMA joint survey 2025      
     Collective investment schemes (CIS) (up 85 per cent) and structured products (up 53 per cent) were both key engines for record-breaking sales. Notably, CIS overtook structured products for the first time as the top-selling product type since 2020.
      
     FICC-related products played a central role in investors’ asset allocations as the investors continued to favour income-generating assets and liquidity-management solutions amidst fast-changing market conditions. Money market funds accounted for 88 per cent of the top five CIS sales reported by the large firms, up from 80 per cent in 2024. Currency-linked product sales also increased by 50 per cent YoY to $698 billion.
      
     Debt securities sales continued on a solid long-term growth trajectory, up 43 per cent from 2022. The growth was primarily driven by sovereign bonds (up 138 per cent) and investment-grade corporate bonds (up 43 per cent). Chinese Mainland-related issuers were the leading contributors to corporate bond transactions, illustrating Hong Kong’s vital role as an offshore fund-raising hub.
      
     “The new records of sales and market participation reflect global investors’ confidence in Hong Kong as a leading international financial centre. The robust performance of FICC-related products also underscores the city’s evolving role as an up-and-coming FICC hub,” said the Executive Director of Intermediaries of the SFC, Dr Eric Yip. “By grasping new industry trends, the SFC will continue to collaborate closely with stakeholders to drive the quality growth of Hong Kong’s financial ecosystem.”
      
     “The strong growth captured in this year’s survey is a clear testament to investor confidence in Hong Kong’s asset and wealth management industry,” said the Executive Director (Banking Conduct) of the HKMA, Mr Kenneth Hui. “The HKMA will continue to adopt a balanced, proportionate regulatory approach, to ensure robust investor protection while fostering a positive customer experience and supporting the industry’s continued growth.”
 
     Other major observations from the survey included:
 Note 1: The annual survey questionnaires were sent to 2 502 licensed corporations and 109 registered institutions licensed or registered for Type 1 (dealing in securities), Type 4 (advising on securities) or both regulated activities, and more than 99 per cent of them responded. The survey covered the sale of non-exchange-traded investment products from January 1 to December 31, 2025 (the reporting period) by respondent firms to non-professional investor clients, individual professional investors (PIs) and certain corporate PIs. The first SFC-HKMA joint survey was published in 2021.

Note 2: FICC-related products include money market funds, bond funds, debt securities, currency-linked and commodity-linked structured products, currency swaps. Issued at HKT 15:00

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16 young officers bound for UN

Source: Hong Kong Information Services

A ceremony, attended by Chief Executive John Lee, was held today to mark the participation of a record-high 16 young public officers from Hong Kong in the United Nations Junior Professional Officer Programme.

The young officers are the third batch of Hong Kong officers to join the programme. They were recommended for participation by the Ministry of Foreign Affairs and the ceremony was held at the Office of the Commissioner of the Ministry of Foreign Affairs in the HKSAR (OCMFA).

The officers will be working at the UN’s headquarters in New York and at the organisation’s offices in Geneva, Vienna and Nairobi as Chinese personnel. They will begin leaving to take up two-year tenures from this month.

Addressing the ceremony, Mr Lee outlined that the “The First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030)” will be promulgated soon. He said the document will fully align with the nation’s 15th Five-Year Plan, improve the mechanisms for Hong Kong to assume a greater role in the country’s opening up to the world, and harness the city’s role as an important window for exchange and mutual learning between Chinese and Western cultures. 

Mr Lee added that by applying their professional expertise and perseverance to the international arena, Hong Kong youths can exemplify the Hong Kong SAR’s alignment with national strategies and contribution to overall national diplomacy.

He iterated that it is Hong Kong’s mission to assist the nation’s endeavours to build a global community with a shared future, and stressed that the young public servants from Hong Kong will bring together the city’s professional strengths and practical experience across a number of key fields.

The Chief Executive urged the officers to act with three “hearts”: a heart for the nation, a heart for Hong Kong and a heart for the world.

He said they should serve as pioneers in the great rejuvenation of the Chinese nation, as a driving force in promoting Hong Kong’s high-quality development, and contribute to the city’s role as a “super connector” and “super value-adder” connecting the nation with the world.

Mr Lee spoke with the officers to learn about their preparations for the programme, and wished them every success in their work at the UN.

The 16 officers are from the Financial Services & the Treasury Bureau; the Agriculture, Fisheries & Conservation Department; the Census & Statistics Department; the Civil Engineering & Development Department; the Customs & Excise Department; the Department of Justice; the Electrical & Mechanical Services Department; the Hong Kong Observatory; the Hong Kong Police Force; the Intellectual Property Department; the Lands Department; and the Independent Commission Against Corruption.