South China Morning Post

Hong Kong insurers launched a marine war-risk pool, exemplifying collaboration to benefit the local economy and the nation. Industry leaders discussed enhancing financial resilience in the Greater Bay Area during the South China Morning Post’s China Conference.

Hong Kong's economic development is guided by its first five-year blueprint and upcoming policy address, with artificial intelligence (AI) as the central focus, according to Chief Executive John Lee. He highlighted Hong Kong's 'one country, two systems' advantages and innovation commitment during the South China Morning Post's China Conference 2026.

The South China Morning Post will host its China Conference in Astana, Kazakhstan in September, following a Hong Kong delegation to Central Asia. This marks the first such event by a local media outlet in the region, aiming to explore new opportunities and showcase the area's dynamism.

China's anti-corruption campaign under President Xi Jinping, initiated in 2012, remains ongoing as of 2025. The South China Morning Post analyzed investigations of top officials, termed 'tigers,' between 2013 and 2025 to assess the campaign's trajectory.

Hong Kong’s pension fund will invest in more gold ETFs as part of the government’s push to establish the city as a gold trading hub, according to a source. The MPFA, overseeing HK$1.53 trillion in pension funds, plans to amend investment rules later this week.

Hong Kong's education minister argues students should not be restricted from using technology without knowing responsible use, emphasizing the need to navigate the digital era. The statement was made during an interview with the South China Morning Post as Hong Kong marks the 29th anniversary of its return to Chinese rule.

The first tender for Hong Kong’s Northern Metropolis university town will launch in two months, with successful bidders to be announced after site formation by the end of the year, as revealed by the education minister. The announcement coincides with Hong Kong marking the 29th anniversary of its return to Chinese rule.

China's mobile drone launcher, developed by the Beijing Institute of Technology, serves as a blueprint for dispersing airpower using civilian traffic as cover. The system aims to provide low-cost strike capabilities to countries unable to afford traditional military aviation, as reported by the South China Morning Post.

China proposed increasing purchases of EU goods to reduce the trade gap and ease trade war risks during talks with EU trade chief Maros Sefcovic. Discussions included potential purchase agreements and lower tariffs on EU imports.

Hong Kong’s top ministers and political appointees received a 1.3% pay increase, following a 2% salary raise for civil servants. The decision was based on recommendations from an independent commission reviewing politically appointed officials' salaries, confirmed by the Constitutional and Mainland Affairs Bureau in response to a newspaper inquiry.

Kuaishou's artificial intelligence video arm, Kling AI, is seeking to raise around $3 billion in its first external fundraising round, as filed with Hong Kong Exchanges and Clearing. The funding round includes investors from Chinese technology companies, state-backed investment vehicles, and the entertainment industry, as first reported by the South China Morning Post.

Hong Kong will launch a gold clearing and settlement system next week, aiming to position itself as an international price-setter for gold. The first gold settlement through the new system is scheduled for Tuesday, with large gold bars being transported to Asia in anticipation.

The South China Morning Post and Hong Kong Investment Corporation Limited co-hosted a C-Suite roundtable during the Summer Davos event, featuring a keynote from Hong Kong's Financial Secretary Paul Chan and guest speakers Clara Chan of HKIC and Charles Lee of PwC. The event highlighted global investor alignment on the future of the Greater Bay Area.

Hong Kong's tech chief warns that AI will surpass all previous industrial revolutions, significantly affecting graduates and workers in traditional sectors. The official pledged to accelerate training and industry development to create new jobs.

Hong Kong and mainland China are set to begin cross-border data sharing this year as more companies operate in the Hetao innovation hub, according to tech minister Sun Dong. The announcement was made amid discussions about Hong Kong's administrative achievements and future plans.

The United States is working to reduce the G20 agenda to make the Miami summit a backdrop for a potential meeting between President Donald Trump and President Xi Jinping. Delegation members confirmed this effort during sherpa meetings in Washington to draft the G20 Joint Declaration.

Republican Senator Steve Daines denied meeting with Kuomintang leader Cheng Li-wun during her recent US visit, stating she only met his staff. Cheng claimed they met, but Daines refuted this in an interview with South China Morning Post.

China is reshaping its education system for the AI era by integrating AI across all schooling levels. Universities have revoked 12,200 'obsolete' undergraduate programs, primarily in humanities, and introduced 10,200 new ones, such as embodied intelligence, reflecting centralized policy adjustments to economic and technological shifts.

Asean countries aim to deepen supply chain integration with the Greater Bay Area to access advanced technologies and manufacturing expertise, with Hong Kong set to benefit. The GBA-Asean Summit 2026 highlighted artificial intelligence and green technology as key cooperation areas, emphasizing open data flows and digital standards.

In 2011, the Shanghai–Beijing high-speed rail link began operations. A comparison between the train and an airliner found that while planes were faster, the train offered greater comfort and convenience. The test involved two South China Morning Post reporters traveling from Shanghai at 2:34 PM.

The Philippines is positioning itself as a gateway for Greater Bay Area businesses into Southeast Asia, according to Trade Secretary Cristina Aldeguer-Roque, who highlighted the country's young, digitally fluent workforce to attract investors.

Hong Kong is celebrating the 29th anniversary of its return to Chinese sovereignty on July 1 with discounts, shopping perks, and special deals. The South China Morning Post highlights offers from restaurants, retail goods, and public transport as part of the public holiday promotions.

Hong Kong's leader John Lee stated the city is positioned to connect ASEAN with the Greater Bay Area and build a complementary partnership amid geopolitical shifts. The statement was made at the GBA-Asean Summit 2026, where a new ASEAN chamber of commerce in Hong Kong was launched.

The housing minister discusses accountability and measures to prevent future fires following the Wang Fuk Court blaze, including enhanced building inspections and spot checks. Hong Kong is implementing these steps as part of its administrative efforts.

Meta's new AI research chief, Dawn Song, stated that the next frontier of AI involves agents performing economically valuable tasks across real-world domains without replacing humans. She emphasized enhancing AI effectiveness in these areas during an interview with the South China Morning Post at the World Economic Forum in Dalian.

Hong Kong's first rectified subdivided flat is expected to be approved in the next two months, with 19,000 flats already registered for the renovation policy's grace period, according to the housing minister.

Hong Kong is conducting a public consultation on Chief Executive John Lee Ka-chiu's final policy address, including whether to continue the expiring baby bonus initiative aimed at boosting the birth rate. Lee stated the government plans to gather public input before making a decision.

Hong Kong's Northern Metropolis public flats will provide 10% more space than standard public housing. The housing minister announced plans to integrate over 30 estates with the area's environment, heritage, and technology.

Hong Kong Mirror member Stanley Yau lost his iPhone, which later appeared at a market in Shenzhen, prompting online discussions. Information technology experts highlighted challenges in retrieving devices from mainland China and provided advice to prevent data breaches.

Hong Kong and mainland China universities have risen in global rankings over the past five years, while over 70% of US institutions declined. A South China Morning Post analysis attributes this shift to growing excellence in Asian higher education, with Quacquarelli Symonds (QS) noting the trend reflects a global diversification of academic leadership.

A 17-year-old Filipino boy with a Hong Kong identity card drowned after falling from the Chau Tsai Bridge on Peng Chau while walking on its railings. The incident occurred on Friday evening when he lost his balance and fell into the sea.

A small aircraft crashed into Beijing’s CITIC Tower, triggering evacuations and a large police and ambulance response. The cause remains unclear, and authorities have not issued a statement. Social media images of the incident were quickly removed, and the event is considered sensitive by Chinese authorities.

A small aircraft crashed into Beijing’s CITIC Tower, triggering evacuations and a large police and ambulance response. The cause of the crash remains unclear, and authorities have not issued a statement. Social media images showed debris near the skyscraper but were quickly removed.

A small airplane reportedly crashed into Beijing’s tallest building, CITIC Tower (China Zun), causing visible damage. Social media images showed debris and potential broken glass, but could not be independently verified. Authorities have not provided details on the incident's cause.

A small airplane reportedly crashed into Beijing’s tallest building, the CITIC Tower (China Zun), causing visible damage. Authorities have not confirmed the incident or provided details about its cause.

Beijing’s tallest building, CITIC Tower (China Zun), was damaged after a small airplane reportedly crashed into it. Social media images showed debris and potential structural damage, though they were later removed. Emergency services and police were present, but the cause and official details remain unclear.

Hong Kong's health minister stated that allowing foreign-trained doctors without permanent residency to work in the city will not threaten local practitioners. The government is proposing a revamp of the medical registration regime.

Hong Kong is advancing hiring for its new drug approval body, aiming to launch it by Q4 this year to support its biomedical hub ambitions. The city seeks World Health Organization recognition for the regulator.

Hong Kong's security chief stated that protesters arrested during the 2019 social unrest will receive priority case reviews if they show remorse and national identity. This announcement was made amid the city's 29th anniversary of its return to Chinese rule.

Hong Kong's security chief Chris Tang called the loss of fugitive transfer deals a 'pity' and stated it only benefits criminals. He noted that resuming extradition agreements with countries that suspended them depends on those countries' decisions.