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Qianhai

The Court of Final Appeal in Central, Hong Kong, on June 7. Photo: Jelly Tse
Hong Kong courts

Opinion | Hong Kong’s legal system needs reform to stay vibrant

With national security laws in place, the city can focus on other areas, from strengthening the judiciary to cross-border litigation.

Hong Kong healthcare and hospitals

Chinese University of Hong Kong plans academic centres in mainland China

Hong Kong property

New World sells Qianhai tower stake to its parent for US$198 million

Hong Kong economy

Why 2 Hong Kong entrepreneurs decided to move their start-ups over the border

Biotech firm founder Elvis Yu and AI content company founder Wang Cong explain why they moved to Qianhai, but Hong Kong is key to plans.

Elvis Yu founded biotechnology firm Inspro Science in 2019 after winning a start-up competition organised by the Trade Development Council. Photo: Eugene Lee
Greater Bay Area

Hong Kong still attractive to legal talent, Lam says ahead of action plan launch

Secretary for Justice Paul Lam also says many developing countries are eager to get legal training in Hong Kong.

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Greater Bay Area

Hong Kong civil servants share lessons from mainland China exchange programme

Exchange programme with mainland China gives Hong Kong civil servants insights into country’s policy direction, development trends, history and culture.

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Banking & finance

BEA cut its exposure to China’s crisis-hit property sector last year

Hong Kong’s largest family-owned lender said its non-performing loans in mainland China dropped by 0.47 percentage points to 2.68 per cent at the end of 2023 compared with the first half, as its overall exposure to troubled Chinese property developers shrank.

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BEA’s net profit dropped 5.5 per cent to HK$4.12 billion for the whole of 2023, missing the HK$5.53 billion expected by analysts. Photo: Bloomberg
Greater Bay Area

GBA at 5: HSBC, BEA among Hong Kong lenders eyeing Qianhai opportunities

Qianhai’s tax incentives are among measures that have attracted major Hong Kong banks to invest in grade-A office buildings, and to develop a wide range of banking, securities and insurance businesses in the area.

Greater Bay Area

Hong Kong and rest of Greater Bay Area pledge closer links 5 years into plan

Hong Kong Financial Secretary Paul Chan says stronger links between city’s financial sector and rest of Greater Bay Area being forged.

Banking & finance

BEA targets wealth management, fintech in bay area from new Qianhai office

The 18-storey BEA Tower, built at a cost of US$196 million, houses the bank’s Qianhai branch, innovation centre and data lab. The 105-year-old lender is targeting wealth management and fintech in the bay area.

Bank of East Asia executive chairman David Li dots the eye of a lion before the ceremonial lion dance at the inauguration of the BEA Tower in Qianhai, Shenzhen, on Friday. Photo: Enoch Yiu
Greater Bay Area

Editorial | Greater Bay Area measures to benefit both parties

Hong Kong professionals will find it easier to operate in the economic zone, and easing of investment restrictions will help revive economies in the city and mainland China.

Looking at Shenzhen from the Free Sky observation deck in Ping An Finance Center, the tallest building in the Greater Bay Area. Photo: Dickson Lee
Hong Kong economy

Bulk buying megastores in Shenzhen may lure even more Hongkongers over border

Stores could further drain customers away from Hong Kong retailers and replicating the big box stores in city may be impossible, given land and logistics costs.

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Hong Kong property

Exclusive | China Resources teams up with New World to develop Hong Kong’s Northern Metropolis

The state-controlled conglomerate joined forces with Hong Kong’s New World Development on a venture worth US$1.28 billion in the city’s Northern Metropolis mega project, according to sources familiar with the matter.

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Hong Kong economy

Letters | Would breaking MTR’s monopoly really benefit Hong Kong?

Readers discuss calls for competition in Hong Kong’s rail market, and official efforts to rejuvenate the city’s nightlife.

An MTR train at Kowloon Bay on June 21, 2022. Photo: Dickson Lee
Hong Kong transport

Exclusive | Competition for Hong Kong’s MTR? Firms ‘to vie’ for Qianhai rail link

Project estimated to cost HK$20 billion will be put to competitive public bidding, source says.

Construction in Qianhai, which Beijing aims to expand eightfold. Photo: Xinhua
Banking & finance

Hang Seng joint-venture fund to launch 2 products to tap cross-border opportunities

Hang Seng Qianhai Fund Management, a joint-venture of Hang Seng Bank and local authorities in Shenzhen Qianhai, is launching more diverse products to capture cross-border opportunities in China.

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Hong Kong stock market

Hong Kong stocks rout is about to end, say Hang Seng, HSBC asset managers

Hong Kong stocks are likely to rebound from heavy sell-offs in the second half of the year as a potential easing of monetary policy boosts China’s economic recovery, says Hang Seng Qianhai Fund Management.

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Greater Bay Area

Bay area special zones to speed up tax, legal incentives for offshore funds

Hengqin, Nansha, and Qianhai, three special economic zones in the Greater Bay Area, are accelerating their roll-out of preferential tax systems, legal frameworks and streamlined application procedures to encourage more foreign funds to invest, a conference heard.

Hengqin (pictured), Nansha, and Qianhai are accelerating their roll-out of preferential tax systems, legal frameworks and streamlined application procedures to encourage more offshore funds. Photo: Shutterstock
China's economic recovery

‘When they’re drunk, they spend’: street stalls U-turn boost for economy, jobs

After years of officials pushing out hawkers in an effort to clean up the street stalls, Shenzhen will allow street vendors to operate from the start of September in designated areas within the city.

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Insurance

Hong Kong insurance agents eye mainland Chinese clients as borders reopen

Many of the 120,000 insurance agents who suffered during the pandemic are gearing up to serve returning mainland visitors – big spenders on local insurance products. And to tap this business, AIA, Manulife and Prudential plan to hire a total of 10,000 new agents this year.

Hong Kong economy

Hong Kong business bodies start to plan mainland China trips as border reopens

Chamber of commerce chief predicts ‘sharp rebound’ in economy in 2023 after border reopening announced.

Travellers from Hong Kong queue to cross the border into mainland China at the Shenzhen Bay checkpoint. Photo: Sam Tsang
Shenzhen

Shenzhen creates new international trading exchange for chips, electronics

Shenzhen’s Electronic Components and Integrated Circuits International Trading Centre, based in the city’s Qianhai economic zone, has an initial capitalisation of US$304 million.

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The trading centre’s biggest shareholders are telecommunications equipment maker China Electronics Corp and local government fund Shenzhen Investment Holdings. Photo: Shutterstock
Shenzhen

China’s tech hub shares big data to boost cross-border e-commerce

The platform, set up in the economic zone of Qianhai, is the first trade data platform approved by China’s customs authority.

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Hong Kong economy

Letters | How the legal sector could enhance Hong Kong’s gateway role

Readers discuss the opportunities for Hong Kong’s legal sector in the Greater Bay Area and beyond, and the rise of scams as online shopping gains popularity.

John Lee policy address 2022

Different funding methods to be considered for Hong Kong transport projects

Transport chief says the Hong Kong government will explore different funding options to support major projects unveiled in leader’s policy address.

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Congestion on the Tuen Ma line has necessitated a Central Rail Link, a government official says. Photo: K. Y. Cheng
John Lee policy address 2022

Hong Kong’s John Lee expected to ‘unveil rail, road projects’ to revive economy

Construction industry insiders welcome major projects, but warn of acute manpower shortage.

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Hong Kong’s government could use infrastructure projects to get the economy back on track. Photo: Nora Tam
Hong Kong economy

Legal sector must use Hong Kong’s strengths ‘to seek business in mainland China’

Secretary for Justice Paul Lam tells legal forum ‘to make good use of Hong Kong’s unique status under one country, two systems’.

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Banking & finance

Hong Kong equities beat US stock picks in investment funds survey

Hong Kong and US stock markets are the top choice of investors over the next 12 months as they believe their valuations have become attractive, an HKIFA survey showed.

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Qianhai
The latest news, analysis and opinion on Qianhai. In-depth analysis, industry insights and expert opinion.
last updated:
15 July, 2024
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