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Greater Bay Area: Business, Property & Tech

Greater Bay Area: Business, Property & Tech
The "Greater Bay Area" refers to the Chinese government's scheme to link the cities of Hong Kong, Macau, Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing into an integrated economic and business hub.
A sub-forum held in Guangzhou on Thursday, ahead of the Asia-Pacific Media Forum in Shenzhen. Photo: Xinhua
Asia-Pacific Economic Cooperation

Asia-Pacific media outlets forge new partnerships ahead of Shenzhen Apec summit

SCMP and Nanfang Media Group have signed an MOU to deepen media cooperation, as the southern tech hub prepares to welcome regional leaders.

Hong Kong economy

Opinion | Hong Kong can open a lucrative new frontier as Chinese tech IP hub

Hong Kong property

Is Hong Kong’s property market recovery running out of gas? UBS flags 4 risks

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Banking & finance

Fubon Bank’s Hong Kong subsidiary opens first mainland China branch in Shenzhen

The branch is set to focus on specialised cross-border financing for tech corporations targeting overseas expansion.

The Qianhai district in Shenzhen. Photo: Shutterstock
Luxury yachts

China’s Greater Bay Area has the ingredients to be a yacht hub: industry veteran

Hong Kong’s maritime expertise, from finance to legal services, could help turn region’s potential into reality: yachting consultancy CEO.

China property

Guangdong’s property market has transformed. How can Hong Kong developers adapt?

Hong Kong developers are rethinking their strategies for projects in the Greater Bay Area, as the mainland’s property crisis has changed everything.

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Shenzhen

Shenzhen aircraft takes flight in Hong Kong under pioneering insurance plan

Shenzhen’s eVTOL aircraft secures cross-border insurance for Hong Kong flights, boosting the Greater Bay Area’s low-altitude economy.

A Yivtol electric vertical take-off and landing (eVTOL) aircraft at InnoEx 2026 at the Hong Kong Convention and Exhibition Centre in Wan Chai on April 14, 2026. Photo: Eugene Lee
Greater Bay Area

Hong Kong urged to pave path for Greater Bay Area firms going global

Standards alignment, supply-chain coordination and cross-border financing are areas where city’s expertise can be pivotal, summit speakers say.

China's economic recovery

What was China’s FDI last year? US$174 billion keeps it the world’s No 3 source

As China redraws global investment map, mainland firms use leading roles to secure critical supply chains with overseas plans.

Hong Kong economy

Hong Kong’s war-risk pool testament to collaboration, insurance leader says

Five local insurers built marine war-risk pool to address uncertainties over unstable conditions in the Middle East.

Selina Lau, chief executive of the Hong Kong Federation of Insurers, says the industry is helping to secure the city’s future. Photo: Jonathan Wong
Greater Bay Area

Asean hopes to tap Greater Bay Area’s tech skills with closer ties: industry chiefs

Panellists at South China Morning Post’s GBA-Asean Summit list AI and green technology as key areas for cooperation.

The Greater Bay Area refers to Beijing’s initiative to turn Hong Kong, Macau and nine mainland Chinese cities into an integrated economic powerhouse. Photo: Eugene Lee
Wealth management

Hong Kong gazettes tax break for fund manager bonuses to boost wealth hub role

The tax reform bill, which the government expects will attract talent to the city, is set to be read by lawmakers on June 24.

Banking & finance

SHKP sells out latest flats in Tsuen Wan as Hong Kong market continues recovery

Centaline attributes the positive mood to improving China-US relations, solid economic data and policies that encourage talent inflow.

Hong Kong property

Hong Kong’s luxury living evolution, from Mid-Levels to Chai Wan

A new wave of residences is redefining luxury on Hong Kong Island, embracing light and elevation, and blending nature and urban life.

Aerial view of The Headland Residences and the surrounding district. Photo: Handout
Greater Bay Area

Greater Bay Area trails peers in research despite strong tech potential: report

Southern China cluster of cities lags in basic research and original innovation, with talent gaps adding to challenges, Deloitte says.

A robotic arm operates on an autonomous production line in Shenzhen. Photo: Reuters
Hong Kong stock market

Hong Kong’s TVB logs US$7.5 million profit, shaking off 7 years of losses

A threefold rise in contribution from the Greater Bay Area drives 15 per cent growth in advertising revenue, broadcaster says.

Hong Kong property

SHKP posts another Sierra Sea sell-out as Hong Kong property rebound strengthens

Fifth consecutive sell-out at Sai Sha development shows recovery gathering pace, with analysts forecasting further price increases ahead.

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Hong Kong economy

Opinion | With Hetao tech hub, Hong Kong is reimagining its economic future

The city is pivoting towards hi-tech development and greater cross-border integration while committing to innovation ecosystem synergy.

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An aerial view of the Hong Kong-Shenzhen Innovation and Technology Park which, together with the Shenzhen park on the other side of the river, forms the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone, seen on December 22. Photo: Eugene Lee
Greater Bay Area

Hong Kong property prices stabilise as mainland China slump drags on

Hong Kong is drawing cautious interest from buyers, while markets such as Shenzhen remain weighed down by persistent price declines.

Greater Bay Area

Greater Bay Area hospitals bet resort-like services will pull in global visitors

As Macau diversifies beyond gaming, wellness clinics are emerging as the next big pillar of the Greater Bay Area’s economy.

Wealth management

Hong Kong stands as key beneficiary of China’s continued opening up efforts

That policy brings ‘more innovative hi-tech companies to Hong Kong’, China International Capital Corp’s Zhao Yang says.

From left, moderator Peggy Sito, business editor at South China Morning Post; Wei Shen, head of principal Investment at Junson Capital; Ariel Shtarkman, founder of Orca Capital; and Zhao Yang, managing director at China International Capital Corp in a panel at the Post’s latest Redefining Hong Kong forum. Photo: May Tse
China technology

South China’s Greater Bay Area boasts world’s largest innovation cluster

World Intellectual Property Organization based rankings on international patent filings, scientific publications and venture capital deals.

People interact with a robot during the Guangdong-Hong Kong-Macau Greater Bay Area International Auto Show in Shenzhen in May. Photo: Xinhua
Hong Kong economy

Opinion | Hong Kong must ensure it’s in the engine room financing future tech

Only with purposeful planning and coordinated policies can Hong Kong’s capital markets act as levers for innovation.

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Artificial intelligence

Hong Kong’s financial centre status gives it an edge in AI market, experts say

SenseTime chief financial officer Wang Zheng says ‘having easy access to capital is extremely important’ for AI companies.

Insurance

Hong Kong’s insurance market may balloon 55% as Greater Bay Area ages

Gross insurance premium in the city may jump to US$127 billion by 2032, Manulife Financial’s Asia president says.

Residents attend a Chinese New Year fair at a home for the elderly in the Nansha district of Guangzhou city on February 3, 2024. Photo: Xiaomei Chen
SCMP Business Awards

Nominations open for SCMP Live’s new 2025 Business Awards

Nominations open today until September 30 in seven categories.

A crossroad in Central on May 17, 2024. Photo: Yik Yeung-man.
Science

Neurobiologist Wang Jing leaves US to lead institute at China’s Shenzhen Bay Lab

Wang leaves University of California San Diego after 20 years to become director of the laboratory’s Institute of Molecular Physiology.

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IPO

Investors lap up soy sauce maker Haitian’s stock in Hong Kong debut

Company exercises an upsize option as its US$1.3 billion listing bolsters the city as the top global IPO venue.

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