Hong Kong’s higher education system hits new level, consolidating city’s position as international education hub

Source: Hong Kong Government special administrative region – 4

     A spokesman for the Education Bureau said today (June 18) that with the Government’s full commitment to developing Hong Kong into an education hub, coupled with the support of a series of policy measures, the city’s higher education system has again excelled. According to the latest 2027 World University Rankings published by Quacquarelli Symonds (QS), an international higher education institution, the eight universities funded by the University Grants Committee (UGC) have achieved outstanding results, with five of them maintaining their positions among the world’s top 100.
 
     While the University of Hong Kong has continued to hold its position at 11th in the world, the overall rankings of the other seven UGC-funded universities have all risen significantly compared to last year, which is highly encouraging. Notably, the Chinese University of Hong Kong rose 14 places to 18th. This represents the first time that two Hong Kong universities rank in the global top 20. The Hong Kong University of Science and Technology rose 11 places to 33rd, and the Hong Kong Polytechnic University climbed four places to 50th, entering the world’s top 50 for the first time. These exciting achievements not only fully recognise the unremitting efforts of Hong Kong’s post-secondary education sector to strive for excellence, but also bear testimony again to the significant progress made by the Hong Kong Special Administrative Region (HKSAR) Government in developing Hong Kong into an international post-secondary education hub, as well as nurturing and attracting top-notch talent.
 
     The spokesman said, “These achievements fully affirm the effectiveness of the HKSAR Government’s steadfast investment in education and its full support through the UGC for institutions to continuously innovate, optimise, expand capacity, and enhance quality. The significant year-on-year rise in the overall rankings of our institutions further validates Hong Kong’s strong appeal as a premier hub for international high-end talent. The stellar performance of UGC-funded universities in the international rankings is by no means accidental. On one hand, it relies on the tireless efforts of all institutions to actively recruit world-class scholars and invest in infrastructure. On the other hand, the HKSAR Government’s stable resource investment, clear and supportive policy guidance, as well as the rigorous quality assurance implemented through the University Accountability Agreements, are also of paramount importance.”
 
     The HKSAR Government has been working closely with the higher education sector. Through the 2025-28 triennium, a crucial bridge has been built to align national strategies, Hong Kong’s needs, and university development. Universities are also encouraged to review and launch programmes in response to government policy guidance, market demands, and industry trends, providing students with appropriate curricula to cope with future societal changes. In the 2025-28 triennium, UGC-funded universities have introduced a total of 27 new undergraduate programmes related to STEAM (science, technology, engineering, arts, and mathematics) and the ‘eight centres’, covering fields such as AI, creative industries, and data science, thereby creating opportunities for young people to give full play to their strengths. The Government will continue to promote the internationalisation and diversification of post-secondary education, which aims to not only enhance Hong Kong’s development momentum but also make proactive contributions to the nation’s development.
 
     The spokesman continued, “This year marks the beginning of the National 15th Five-Year Plan. The formidable strength demonstrated by Hong Kong’s higher education system aligns perfectly with the strategic goals set out in the National 15th Five-Year Plan to build a leading nation in education, technology, and talent. In recent years, the HKSAR Government has introduced a number of forward-looking measures to attract global talent across the board, while continuously optimising the ecosystem for nurturing local talent.”
 
     Hong Kong’s high-quality higher education has always been very popular among students from different places. In the 2025/26 academic year the eight funded universities hosted over 30 000 non-local students from more than 100 countries or regions, representing a year-on-year increase of about 14 per cent compared to the 2024/25 academic year (Note). To support the post-secondary education sector to grow bigger and stronger, the Government has raised the admission ceiling for non-local students in taught programmes at funded post-secondary institutions to 50 per cent, and increased the over-enrolment ceiling for self-financing places in funded research postgraduate programmes to 120 per cent, among other measures.
 
     In terms of scientific research, the Research Grants Council (RGC) under the UGC offers more than 20 research grants, distinguished scholar schemes, and fellowship programmes, funding over 1 500 new projects annually. Furthermore, a new round of the Research Matching Grant Scheme with $1.5 billion in funding was launched in 2025, and the RGC Overseas Research Fellowship Scheme was newly introduced this year to further foster a vibrant research environment.
 
     Concurrently, the Task Force on Study in Hong Kong, comprising various HKSAR Government bureaux and departments, has fully commenced its work. In collaboration with major institutions, the Task Force is stepping up promotion of Hong Kong’s excellent academic, research, and international collaboration resources on the Chinese Mainland and overseas. It also aims to attract outstanding talent from all over the world through initiatives such as expanding the Belt and Road Scholarship.
 
     To support universities in strengthening their promotion of the “Study in Hong Kong” brand, the UGC has allocated approximately $40 million in the 2025-28 triennium to the Heads of Universities Committee’s Standing Committee on Internationalisation, which comprises the eight UGC-funded universities, to organise and participate in various activities to promote the “Study in Hong Kong” brand globally.
 
     The spokesman concluded, “Under the grand blueprint of the National 15th Five-Year Plan, Hong Kong’s higher education is on course to usher in an unprecedented golden period of opportunity. We will continue to leverage the unique advantages of Hong Kong’s highly internationalised and diversified post-secondary education, support institutions in building world-class universities and disciplines, and deepen Hong Kong’s role as an international education hub. While integrating into the overall development of the country, we will continue to shine on the global stage.”
 
Note: these are provisional figures

SFST leads delegation to attend Lujiazui Forum in Shanghai

Source: Hong Kong Government special administrative region

     The Secretary for Financial Services and the Treasury, Mr Christopher Hui, and the financial delegation continued their visit to Shanghai today (June 18). When speaking at the 2026 Lujiazui Forum last evening, Mr Hui had discussions with industry leaders, academics and experts on the future trajectory of financial partnership between Shanghai and Hong Kong.

     Upon arrival in Shanghai yesterday afternoon (June 17), Mr Hui and the delegation visited the Shanghai Pudong Service Center for Overseas Investment. This Center, spearheaded by the Shanghai Municipal Commission of Commerce, is a one-stop service platform to support enterprises going global with professional services in the legal, financial, consulting, and accounting fields. Four Shanghai enterprises looking for expansion to global markets were invited to join an in-depth dialogue session with the delegation who come from the financial, insurance, accounting and investment sectors. The delegation introduced to the enterprises Hong Kong’s strengths in the financial market and legal and other professional services, as well as the support available to them while going global via Hong Kong. 

Public urged not to visit beaches for water sports activities during passage of rainstorm (2)

Source: Hong Kong Government special administrative region

Public urged not to visit beaches for water sports activities during passage of rainstorm (2) 
Please broadcast the following as soon as possible:
 
     As the Black Rainstorm Warning Signal is in force, the Leisure and Cultural Services Department announced today (June 18) that all gazetted beaches under its management are temporarily closed. In accordance with the Bathing Beaches Regulation under the Public Health and Municipal Services Ordinance (Cap. 132, sub. leg. E), any failure to comply with the temporary closure arrangements is an offence and the offender will be liable to a maximum fine of $2,000 and imprisonment up to 14 days upon conviction.

     Members of the public should stay away from the shoreline during inclement weather, and should not conduct any water sports activities on beaches to avoid causing danger to themselves and rescue personnel.
Issued at HKT 18:45

NNNN

Tseung Kwan O Hospital announces root cause analysis report of previous sentinel event

Source: Hong Kong Government special administrative region

Tseung Kwan O Hospital announces root cause analysis report of previous sentinel event      
     An 85-year-old female patient with obstructive sigmoid colon cancer underwent a transverse colostomy on February 7 this year to relieve intestinal obstruction. After surgery, the patient was admitted to the Intensive Care Unit and surgical ward of TKOH for monitoring and was subsequently transferred to Haven of Hope Hospital on February 16 for rehabilitation. Her vital signs remained stable, but the stomal output was relatively high. On March 1, the patient developed hypotension and tachycardia and was transferred back to the surgical ward of TKOH on March 2 for treatment and an emergency computed tomography scan. The scan revealed that the stoma was located at the stomach instead of the intended transverse colon. The patient’s condition subsequently deteriorated. Family members discussed the case with the clinical team and agreed to Do-Not-Attempt Cardiopulmonary Resuscitation for the patient. The patient passed away on the evening of March 3.
      
     The hospital is deeply concerned about the incident and has referred the case to the Coroner for follow-up. The incident was flagged as a sentinel event, and an RCA Panel was formed to investigate the root cause of the incident. The hospital Patient Relations Team has explained the report’s findings to the patient’s family and expressed apology again to them. The team shall continue to render all necessary assistance to the family.
      
     The RCA Panel conducted a thorough investigation into the causes of the incident and concluded that:
      
1. The surgeon exhibited confirmation bias when identifying abdominal cavity structures, wrongly exteriorised the stomach instead of the transverse colon during the surgery, without performing additional confirmation measures; and
2. Two days prior to the patient’s transfer, healthcare staff did not recognise that the stomal output had shown an increasing trend, and the patient was transferred for rehabilitation as planned; healthcare staff providing rehabilitation services lacked relevant experience in managing patients who had recently undergone stoma surgery; and inadequate communication between the surgical and rehabilitation teams, resulting in a lack of timely monitoring and verification of the patient’s abnormal stomal output, which subsequently delayed reassessment and early intervention.
      
     The Panel has made the following recommendations for improvement:
      
1. Review the clinical governance of the surgery department, especially the clinical decisions made by the surgical specialist responsible for supervising the operation, and the arrangements for transferring a post-operative patient presented with unexpected clinical features to a medical rehabilitation facility for management;
2. Strengthen the involvement of the surgical team in the clinical management after a post-operative patient is transferred for rehabilitation; and
3. Establish a mechanism to ensure that stoma and wound care nursing specialists conduct assessments for post-operative stoma patients, properly documenting the patient’s fluid balance and stomal output, and ensure that the patient’s clinical conditions are reported to the surgical team in a timely manner.       
     TKOH is also taking measures to restructure the clinical governance and management framework of the Department of Surgery in TKOH, by formulating a cluster-based Surgery Department to further strengthen governance and enhance patient safety. The hospital will follow up with the doctors concerned in accordance with prevailing human resources procedures, and will review the professional standard of the doctors. If necessary, the case will be referred to the Medical Council of Hong Kong to follow up.
      
     TKOH has submitted the report to the Hospital Authority Head Office and expressed gratitude for the work of the Chairman and members of the RCA Panel. The membership of the panel is as follows:
 
Chairman:
Dr Tang Kam-shing
Hospital Chief Executive, Kwong Wah Hospital
 
Members:
Dr Cheung Ka-yin
Consultant, Department of Medicine and Geriatrics, United Christian Hospital
 
Dr Raymond Cheung
Chief Manager, Quality & Safety Division (Patient Safety & Risk Management), Hospital Authority
 
Dr Victor Ip
Service Director (Quality and Safety), Kowloon East Cluster
 
Dr Henry Joeng
Chief of Service, Department of Surgery, United Christian HospitalConsultant, Department of Medicine & Geriatrics, Pok Oi Hospital and Tin Shui Wai Hospital
 
Dr Lok Hon-ting
Chief of Service, Department of Surgery, Prince of Wales Hospital and Shatin Hospital
 
Ms Shit Kam-yee        
Nurse Consultant (Stoma and Wound Care), New Territories East Cluster
Issued at HKT 18:23

NNNN

Students of evening schools need not attend school

Source: Hong Kong Government special administrative region – 4

Attention TV and radio duty announcers:

     Please broadcast the following special announcement by the Education Bureau concerning schools, and repeat it at suitable intervals:

As the Red Rainstorm Warning Signal is now in force, students of evening schools do not have to attend school tonight. Schools should keep their premises open and implement contingency measures to look after arriving students. Schools which are in session should continue until the end of school hours. They should ensure that conditions are safe before allowing students to return home.

New Industrialisation Elite Enterprises Nurturing Scheme now open for nominations

Source: Hong Kong Government special administrative region

New Industrialisation Elite Enterprises Nurturing Scheme now open for nominations(2) Registration and operations: The enterprise shall be registered and operating in Hong Kong for no less than two years and contribute to the local economy; and
(3) Growth potential: The enterprise shall demonstrate high growth potential with outstanding performance in research and development capabilities and growth prospects.Issued at HKT 17:45

NNNN

Tender of 7-year RMB HKSAR Institutional Government Bonds to be held on June 25

Source: Hong Kong Government special administrative region

Tender of 7-year RMB HKSAR Institutional Government Bonds to be held on June 25      
     A total of RMB1.25 billion 7-year RMB Bonds will be tendered. The Bonds will mature on June 29, 2033 and will carry interest at the rate of 1.78 per cent per annum payable semi-annually in arrear.
      
     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      
     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 3pm on the tender day. 

Issue Number9.30am to 10.30amthe Stock Exchange
of Hong Kong LimitedIssued at HKT 17:40

NNNN

Statistics of Payment Cards Issued in Hong Kong for First Quarter 2026

Source: Hong Kong Government special administrative region

Statistics of Payment Cards Issued in Hong Kong for First Quarter 2026 
Note 1: The payment card statistics are compiled from data on credit and debit cards issued in Hong Kong by both authorized institutions (AIs) and non-authorized institutions (non-AIs) under the credit and/or debit card schemes of the eight payment card scheme operators (“the card operators”). The card operators, in alphabetical order, are American Express International, Inc., Discover Financial Services (Hong Kong) Limited, EPS Company (Hong Kong) Limited (EPSCO), JCB International (Asia) Ltd, Joint Electronic Teller Services Ltd. (JETCO), MasterCard Asia/Pacific Pte. Ltd., UnionPay International Co. Ltd and Visa Worldwide Pte. Limited.Starting from March 2015, a Hong Kong/overseas spending breakdown of credit card retail sales transactions is provided.Issued at HKT 17:40

NNNN

HKEX and HKMA launch pilot project to enable digital payment solution for derivatives After-Hours Trading

Source: Hong Kong Government special administrative region

HKEX and HKMA launch pilot project to enable digital payment solution for derivatives After-Hours Trading      
     This initiative aims to enhance Hong Kong’s capital market and meet the growing market demand for AHT. In this connection, HKEX and the HKMA are exploring the use of e-HKD – a wholesale central bank digital currency (CBDC) operating on a 24/7 basis – for advance margin payments in the AHT session, enhancing the risk management capabilities of the derivatives market outside regular banking hours, whilst maintaining the existing operational workflows.
      
     This pilot project will provide more flexibility and efficiency than the existing arrangement for advance margin payments. Currently, Clearing Participants (CPs) must submit advance margin deposit requests to the HKFE Clearing Corporation Limited (HKCC) by 3pm for funds to be counted for the subsequent AHT session.  
      
     HKEX is inviting CPs under the HKCC to participate in Real-Value Trial Transactions of this pilot initiative on an optional basis (Note 2). The Real-Value Trial Transactions, as well as any subsequent wider adoption, are subject to regulatory approval, market readiness and other relevant considerations.
      
     The HKEX Chief Operating Officer, Vanessa Lau, said, “We are delighted to collaborate with the HKMA on this latest initiative to advance market accessibility and strengthen Hong Kong’s capital markets infrastructure. By exploring the use of CBDC, we aim to provide a more flexible and timely payment option outside of regular business hours, and address longstanding operational pain points in the industry. This project reflects the shared commitment of HKEX and the HKMA to embracing innovation, strengthening the resilience of our markets and reinforcing Hong Kong’s position as a leading international financial centre.”
      
     HKMA Deputy Chief Executive Howard Lee said, “As Hong Kong’s financial infrastructure evolves to meet the growing demands of the market, the HKMA is committed to advancing innovation that enhances efficiency and resilience. The joint pilot with HKEX to enable advance margin payments for AHT using e-HKD demonstrates a wholesale application of CBDC in a live market environment, while underscoring our strong partnership with the industry stakeholders in driving financial innovation.”Issued at HKT 16:50

NNNN

EPD awards Sha Tin Transfer Station Third Follow-On Contract

Source: Hong Kong Government special administrative region

EPD awards Sha Tin Transfer Station Third Follow-On Contract      
     The major items of the works comprise the provision and replacement of waste-handling and waste-transferring mechanical plants, upgrades to the wastewater treatment, odour control and automatic vehicle washing systems, and improvements to the building’s aesthetic appearance, energy efficiency, and the surrounding environment of the STTS. Upon completion of the works, the STTS will further enhance its waste-handling efficiency and overall environmental performance.Issued at HKT 16:12

NNNN