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China Conference: Hong Kong

China Conference: Hong Kong
Latest news and stories on China Conference: Hong Kong, a flagship annual event organized by the South China Morning Post
ICBC Asia has seen a fourfold increase in the number of customers opening accounts under the Wealth Management Connect initiative. Photo: Bloomberg
Banking & finance

Exclusive | Wealth Management Connect revamp sent investment skyrocketing, says ICBC

Improvements to the Wealth Management Connect scheme in February have proven to be a game-changer, with investment via the cross-border trading channel quadrupling between January and April, according to government data and ICBC.

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Artificial intelligence

Talent, infrastructure help China in AI race with US, experts say

Electric & new energy vehicles

Xpeng’s AeroHT affiliate to price first flying car at US$200,000

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Hong Kong politics

Hong Kong urged to reinvent ‘superconnector’ role to link China to Global South

Panellists at South China Morning Post’s annual China Conference also express confidence in unique advantages enjoyed by Hong Kong.

A business leader has said Hong Kong’s role as China’s most international city and its connection with the rest of the world are “an advantage that no one else can replicate”. Photo: Sun Yeung
Business of climate change

China’s carbon neutral goal depends on unified power market, energy expert says

China is expected to continue liberalising its electricity market, says Christian Romig of BCG. The pace of renewable energy addition will speed up the process, he adds.

China stock market

‘Signs of life’ in China’s markets as reforms boost confidence, forum told

Global investors’ pessimism about China may no longer be well placed, as policies designed to bolster confidence are likely to spell better times ahead for the market, senior financiers told a conference.

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Business of climate change

Saudi Aramco reiterates oil-based ties, support for China’s clean energy rollout

Saudi Aramco reiterated its conventional oil supplier ties with China and will help Beijing accomplish its carbon neutral goal by jointly developing clean energy.

An Aramco employee walks near an oil tank at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. Photo: Reuters
Banking & finance

China Conference panel upbeat about Hong Kong’s future prospects

The fund is investing in the future of Hong Kong and creating a platform for an innovative ecosystem, says CEO of the government’s investment arm.

Hong Kong

Editorial | Post conference ideas to help Hong Kong navigate stormy waters ahead

From becoming a global astronomy research hub to seizing fast-growing opportunities in the Greater Bay Area, the city’s future appears bright.

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Hong Kong economy

Hong Kong moonshot projects? ‘Leadership needed to drive interest, investment’

Experts chime in after Alibaba Cloud founder Wang Jian suggests city should tap into China space telescope to set up central research opportunity.

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The Shenzhou-16 spacecraft attached to a Long March-2F rocket launches in Jiuquan, mainland China. Technology experts have said Hong Kong’s best chance at a moonshot project would be to be part of the country’s space research. Photo: Kevin Frayer/Getty Images/TNS
Blockchain

Hong Kong vows to regulate stablecoins in push to be virtual asset hub

Hong Kong officials said they are committed to introducing new regulations for stablecoins by 2024, as the city strives to bolster its virtual asset licensing regime and become a global Web3 hub.

Hong Kong officials say the city is working on a regulatory regime for stablecoins, to be introduced next year. Photo: AFP
Electric & new energy vehicles

Xpeng targets Hong Kong with launch of right-hand drive EVs next year

The Chinese electric vehicle start-up is setting its sights on Hong Kong with plans to launch a right-hand drive model in the city next year to compete against well established rivals like Tesla.

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Banking & finance

Hong Kong can get ahead of London, Singapore as global insurance hub

Hong Kong can overtake London, Tokyo and Singapore and become an international insurance centre leveraging its underserved economic hinterland as well as the fast-growing opportunities in the Greater Bay Area, according to speakers on a panel on Tuesday.

John Lee

Hong Kong a ‘value-added super-connector’, talent schemes big success: leader

City well on way to attracting nearly double the 35,000 workers annually targeted by admission schemes, Chief Executive John Lee tells Post’s China Conference: Hong Kong 2023 forum.

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Lee says he will lead a “high-profile business delegation” to a number of members of the Association of Southeast Asian Nations this summer. Photo: K. Y. Cheng
Hong Kong economy

Alibaba Cloud founder points to skies for Hong Kong moonshot project to lure talent

Tech mogul suggests concept of ‘city brains’ – using technology to sustainably power a metropolis and digitalise it.

The city is poised to become a global astronomy research hub using its work with China’s first space-based telescope. Photo: Handout
Hong Kong national security law

Hongkongers free to speak up about proposed ban on protest song: justice chief

Secretary for Justice Paul Lam invites those who disagree with ban to come forward and present arguments during hearing scheduled for July 21.

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Greater Bay Area

Hong Kong’s connector role for China ‘more essential’ amid rising global tensions

Speakers at annual China Conference: Hong Kong 2023 point to trends in finance sector and technology, as well as tertiary education.

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Banking & finance

Hong Kong must embrace Middle East to bolster financial centre role: experts

Amid US-China tensions, the government ‘urgently’ needs a Middle East strategy, the chairperson of the Chamber of Hong Kong Listed Companies says at the Post’s China Conference.

Hong Kong’s Central business district, pictured in September 2021. Photo: Reuters

[Event Summary] How Hong Kong can build itself as the insurance hub for the Greater Bay Area (GBA)

As one of the most open insurance markets in the world, Hong Kong presents numerous opportunities for growth Though the Hong Kong insurance market has seen growth, there have also been a lot of ups and downs and the path forward isn’t entirely smooth

Hong Kong at 25

Editorial | City must embrace both mainland China and our uniqueness

The essence of ‘one country, two systems’ is the basis on which the Hong Kong story can unfold with greater success in the next 25 years and beyond

Greater Bay Area

‘Hong Kong should align rules with mainland China to promote health technology’

Different sets of rules made it more difficult to receive green light for innovative products, according to Professor Samuel Au.

The second day of the Post’s China Conference featured a panel discussion with (from left to right) moderator Olga Wong, CUHK associate dean of the faculty of medicine Dennis Lo, Qiming Venture managing partner Nisa Leung, and Samuel Au Kwok-wai, founder and president of Cornerstone Robotics. Photo: Jonathan Wong
Hong Kong economy

Property tycoon accuses US of seeking to destroy Hong Kong, mainland China

Hang Lung Group chairman Ronnie Chan says city must not underestimate ‘madness with which the US wants to destroy mainland China’, and Hong Kong.

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Hang Lung Group chairman Ronnie Chan speaks at a conference held by the South China Morning Post. Photo: Nora Tam
Hong Kong at 25

Hong Kong poised to leap ahead as East-meets-West hub: John Lee

Chief executive delivers keynote address at opening of the Post’s China Conference: Hong Kong 2022.

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China technology

Navigating data compliance is becoming a bigger challenge for businesses

Increasing scrutiny of data privacy in China goes hand in hand with wider government moves to rein in the influence of Big Tech.

Blockchain

Blockchain offers Hong Kong a chance for financial innovation, experts say

Blockchain could lower barriers to entry in Hong Kong’s important financial industry and help it catch up in innovation as it further integrates into the Greater Bay Area.

Experts say blockchain could play an important role in Hong Kong as it seeks to evolve as a financial hub and further integrate with the Greater Bay Area. Photo: Shutterstock
Coronavirus pandemic

Public mistrust hurting Hong Kong’s ambitions to be smart city, analysts say

Privacy fears over collection of data from Covid-19 ‘Leave Home Safe’ app highlighted as evidence of lack of public confidence in officials, with panellists at China Conference saying better communication is key.

Andy Wong (far left), head of innovation and technology at InvestHK, Olivia Lai, managing director - Hong Kong, Global Institute For Tomorrow, Gary Yeung, president of Smart City Consortium, and moderator Bien Perez, the Post’s senior production editor, Technology, at the China Conference. Photo: SCMP
Retail properties

Major Hong Kong firms to embrace innovation in pandemic’s aftermath

Major Hong Kong companies have embraced innovation to sharpen their competitiveness during the coronavirus pandemic, the China Conference heard on Thursday.

Banking & finance

Cheques may be replaced by digital payments, but branches will stay

Branch will not disappear but their roles will change to customer services as customers shift to digital banking amid pandemic, bankers said.

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