AI-startup StepFun Eyes Hong Kong Listing

AI committee can help Hong Kong start-ups ‘tackle legal, geopolitical hurdles’

A proposed high-level committee that will focus on artificial intelligence (AI) could help tech start-ups in Hong Kong mitigate legal and geopolitical challenges, as well as gain access to important databases for model training, market leaders have said. But the experts also told the South China Morning Post on Thursday that the committee, which was

26 February 2026

Authorities open to backing universities issuing bonds to fund megaproject campuses

Hong Kong authorities are open to supporting universities in issuing bonds to fund the development of the proposed University Town in the Northern Metropolis, with lawmakers calling for a dedicated approval and credit rating mechanism. Financial Secretary Paul Chan Mo-po told a meeting of the Legislative Council’s Finance Committee on Thursday the issuance of a

26 February 2026

Hong Kong banks’ collateral asset valuations to continue declining in 2026: S&P

The value of collateral assets used by banks for commercial property loans is expected to continue declining in 2026, according to S&P Global Ratings, as the sector has yet to find a clear bottom. “More collateral pain is likely this year for Hong Kong banks,” the credit rating agency said in a report published on

26 February 2026

Fireballs GC captain Sergio Garcia celebrates winning last year’s LIV Golf Hong Kong. Photo: Eugene Lee

Fok welcomes ‘inspiring’ budget, says Asian Games will be part of HK$1.2bn funding review

Hong Kong lawmaker Kenneth Fok Kai‑kong welcomed the government’s HK$1.2 billion investment in sports development as “a timely boost that will inject fresh momentum”, while also urging a more strategic approach to building a sustainable sports industry. Fok, who is also vice-president of the city’s Sports Federation and Olympic Committee (SF&OC), said details on how

26 February 2026

HK to display medal marking 80th anniversary of War of Resistance victory

A woman takes photos of exhibits about the War of Resistance Against Japanese Aggression during a media preview of the “Standing Together for Peacebuilding: Commemorating the 80th Anniversary of Victory in the War of Resistance in Guangdong and Hong Kong” exhibition in Hong Kong on Aug 28, 2025. (ANDY CHONG / CHINA DAILY) A medal

26 February 2026

Hongkongers rush to showrooms as EV tax breaks end, ‘quotas’ sell for HK$60,000

Hong Kong’s decision to end tax breaks for private electric cars has sparked a rush to the showrooms, with some residents even selling their eligibility for the incentive scheme. A car dealer told the South China Morning Post on Thursday that sales had surged seventeen times, adding that one customer broke into tears just after

26 February 2026

A STRONG PILLAR IN TIMES OF MARKET TRANSFORMATION

HONG KONG, Feb. 26, 2026 /PRNewswire/ — Against a backdrop of shifting trade balances and evolving consumption patterns across Asia, Vinexpo Asia will bring together key players from the wine, spirits and non-alcoholic beverage industry. The event will be held from 26 to 28 May 2026, at the Hong Kong Convention and Exhibition Centre (HKCEC). The

26 February 2026

Booming markets propel Hong Kong exchange’s profits to record high

Hong Kong’s stock exchange reported record profits for the second consecutive year on Thursday, after the finance hub topped the global rankings for initial public offerings in 2025. Photo: Rhoda Kwan/HKFP. Profit attributable to shareholders rose 36 percent to US$2.3 billion, while total revenue and other income jumped 30 percent to also hit a peak

26 February 2026

Hong Kong fugitive’s father jailed for trying to cash out her insurance policy

A Hong Kong court has sentenced the father of a wanted activist to eight months for attempting to cash out an insurance policy worth more than HK$88,000 (US$11,251) in his daughter’s name, rejecting suggestions that the sentence amounted to ‘collective punishment’ against a relative of a fugitive. Kwok Yin-sang, 69, became the first person jailed

26 February 2026

Long-term gains worthwhile, Paul Chan says as Hongkongers slam lack of budget sweeteners

Hong Kong’s financial chief has defended his latest budget against public criticism over the lack of sweeteners, stressing that the government must balance its finances with long-term investments for the city’s benefit. Financial Secretary Paul Chan Mo-po said on Thursday he would brief credit-rating agencies and the International Monetary Fund next month on his budget,

26 February 2026

‘Worst is yet to come’: Hong Kong’s early childhood sector hit hard by funding cuts

The early childhood education sector will receive its lowest level of subsidy in more than a decade as the number of preschools falls to a 13-year low, with the government cancelling two grants for kindergartens in the new school year. According to the annual budget announced on Wednesday, the early childhood sector will receive only

26 February 2026

HKEX profit jumps 36% to another record high on surging turnover, IPOs

Hong Kong Exchanges and Clearing (HKEX), which operates Asia’s third-largest stock exchange, reported record high annual profit for the second straight year, thanks to higher market turnover and robust listing activity, it said in a stock exchange filing on Thursday. Net profit in 2025 increased 36 per cent to HK$17.75 billion (US$2.28 billion), or HK$14.05

26 February 2026

[News] China’s Chip Materials Drive Intensifies as Photoresist Leader Red Avenue Seeks Hong Kong IPO

China’s semiconductor push is moving deeper into critical photoresist materials, spotlighting emerging domestic champions. According to ijiwei, Red Avenue New Material Group (RAChem) filed for listing on the Hong Kong Stock Exchange on February 13. As the report highlights, in the first nine months of 2025 the company ranked first among Chinese suppliers by sales

26 February 2026

Apple Daily’s headquarters were located in Tseung Kwan O Industrial Estate. Photo: Sam Tsang

Ex-media boss Jimmy Lai wins appeal over fraud conviction

A Hong Kong appellate court has quashed Jimmy Lai Chee-ying’s fraud conviction for operating a consultancy office from his now-defunct tabloid-style newspaper, Apple Daily, finding that the prosecution failed to prove the jailed former media boss had made a “false representation”. In a judgment delivered on Thursday, the Court of Appeal ruled that the prosecution

26 February 2026

Hong Kong 2026-27 budget: ‘Symphony of Lights’ to go dark under tourism revamp

Hong Kong will cancel the two-decade-old “A Symphony of Lights” within the year, with the South China Morning Post learning that the fixture will be replaced with immersive projections across various districts to upgrade the city’s offerings. The revamp is among a raft of new tourism measures announced in finance chief Paul Chan Mo-pop’s latest

26 February 2026

Legal Tales | How Hong Kong law ensures kids’ well-being when divorced parents split locations

I have a habit of re-watching movies during festive times. As we entered the Year of the Horse, one movie that I watched again during Chinese New Year was Marriage Story, a legal drama released on streaming platforms in 2019. The story centres on the divorce of the two lead characters and the resulting legal

26 February 2026

Budget reveal: government turns matchmaker with stronger hand in shaping economy

Hong Kong’s finance chief on Wednesday lived up to his credentials as a chartered accountant when he produced a surprisingly robust budget, flush with surpluses and full of initiatives to be funded through substantial means at his disposal. One significant initiative is a rare move to dip into the Exchange Fund, the government’s main investment

26 February 2026

South Korean investors pour millions into MiniMax, other Chinese AI and chip stocks

South Korean retail investors, known for their aggressive trading style, are ramping up exposure to Chinese artificial intelligence-related stocks, even as their home market ranks among the world’s top performers. Data from SEIBro, a portal operated by the Korea Securities Depository, showed that South Korean retail investors bought US$507 million worth of Hong Kong-listed shares

25 February 2026

Rare move to take income out of Exchange Fund to pay for Northern Metropolis, other big projects

The Hong Kong government has produced a consolidated surplus earlier than expected, its first in four years, ahead of a rare transfer into coffers from the Exchange Fund and other sources. Wednesday’s budget pointed to fund transfers of HK$127.83 billion and an 11.1 per cent jump in government revenues contributing to another surplus for 2026-27,

25 February 2026

Hong Kong Biodiversity Strategy and Action Plan 2035: Building a Beautiful Hong Kong Where People and Nature Thrive in Harmony

[The content of this article has been produced by our advertising partner.] Achievements of the Hong Kong Biodiversity Strategy and Action Plan In 2016, the Government launched the Biodiversity Strategy and Action Plan (BSAP), working in concert with all sectors of the community to protect Hong Kong’s precious ecological resources and advance sustainable development. The

25 February 2026

Market Closed – Hong Kong S.E.			5-day change	1st Jan Change
512.00 ^HKD	-2.01%		-1.92%	-14.52%