Government To Set Up Greater Bay Area Office

"); jQuery("#212 h3").html("

"); });
2018-05-06 HKT 11:19
The Chief Secretary Matthew Cheung says the government will set up an office to coordinate plans relating to the Greater Bay Area, a Beijing initiative to develop Hong Kong, Macau, Shenzhen and eight other cities in Guangdong into a mega metropolitan hub.
Writing in his weekly blog, Cheung said the plan is of strategic importance to Hong Kong. He said the city has unique advantages under "One Country, Two Systems" due to its legal system and protection of intellectual property rights.
He also said transport in the area will be more convenient once infrastructure projects, like the Hong Kong-Zhuhai-Macau bridge and the Express Rail Link, are up and running.
Revolut Considers China Expansion Amid UK Regulatory Hurdles
UK fintech giant Revolut is exploring a potential move into China, setting the stage for competition with domestic heav... Read more
ZA Global Backs RD Technologies With US$40M To Boost HKs Stablecoin Ecosystem
ZA Global has led a US$40 million Series A2 funding round for HK fintech firm, RD Technologies (RD), marking a signific... Read more
WeLab Hit Profitability And Now Wants 500 Million Customers Across Asia
From its humble beginnings as an online lender to its rise as one of Asia’s most ambitious fintechs, WeLab Group (WeL... Read more
HKMA Finalises Guidelines For Stablecoin Issuer Regulatory Regime
The Hong Kong Monetary Authority (HKMA) has published several documents in preparation for the implementation of the re... Read more
Cybercrime Is Surging Across APAC Yet Defences Remain Fragmented
APAC saw a sharp rise in human-led attacks in 2024, with attack rates growing over 60% year-on-year and increasing 37% ... Read more
Hong Kong Advances Trade Digitalisation With MLETR Adoption
Digitalisation is reshaping the global economy, and businesses must adapt to capitalise on emerging opportunities. In t... Read more