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Qianhai

Qianhai
The latest news, analysis and opinion on Qianhai. In-depth analysis, industry insights and expert opinion.
The long-awaited Yau Ma Tei section of the Central Kowloon Bypass has officially opened on Sunday. Photo: Eugene Lee
Hong Kong economy

New bypass and transport links to boost Hong Kong’s competitiveness: Paul Chan

Finance chief also says city’s planned major road and rail expansion will drive deeper Greater Bay Area integration.

Hong Kong transport

Hong Kong to update railway standards with national measures to help cut costs

Shenzhen

Exclusive | Kone to elevate Greater Bay Area operations from its base in Shenzhen

Mainland China

Editorial | Nansha gives bay area tech innovation boost

Guangzhou district will become a pilot zone for high finance and fintech, linking the development zone with global financial markets.

Nansha Free Trade Zone in Guangzhou, China. Photo: Shutterstock
US-China trade war

Cargo surge, private sector promotion law and more

This week: Container bookings rise as China and the US agree to 90-day tariff pause, US moves to bar use of Huawei AI chips “anywhere” and the EU has “no intention” to revive China investment deal. Next week: April data dump, private sector promotion law takes effect, USTR hearing on tariffs on Chinese ship-to-shore cranes and more.

Banking & finance

China to spur Nansha as Greater Bay Area’s third financial hub

Latest measures follow efforts since 2023 to build up Qianhai and Hengqin in southern Guangdong province, and foster ties with Hong Kong.

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Greater Bay Area

Hong Kong supporting European business collaboration surge in Qianhai

Escalating US-China trade war has resulted in European business chambers seeking out opportunities in the Greater Bay Area.

Qianhai, a special economic zone in Shenzhen near Hong Kong, has seen a surge of European business chambers seeking collaboration due to the growing tensions of the US-China trade war. Photo: Edmond So
Hong Kong transport

Hong Kong seeks developers for joint cross-border railway project to Shenzhen

Project is likely to include station on mainland side to ease congestion at existing Shenzhen Bay control point.

China’s film industry

Opinion | What Hong Kong can take away from Ne Zha 2’s creative success

The city must achieve deeper creative integration. Ways must be found to bring Chinese, including Hong Kong, content to the world.

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Hong Kong politics

Editorial | Innovation and bold ideas are keys to Hong Kong’s economic revival

Inspection tour of Greater Bay Area by director of the Hong Kong and Macau Affairs Office ahead of Paul Chan’s budget is both symbolic and practical.

Xia Baolong (centre) inspects Guangdong-Macao Joint Traditional Chinese Medicine Science and Technology Industrial Park in the Hengqin Guangdong-Macao In-depth Cooperation Zone on Friday. Photo: Hong Kong and Macao Affairs Office (HMO)
Hong Kong politics

Beijing’s point man on Hong Kong meets 8 top officials to hear economic plans

Xia Baolong hosts discussion session in Shenzhen, with Financial Secretary Paul Chan introducing government’s efforts to advance economy.

Xia Baolong (centre) visits the Hong Kong park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone with city and mainland officials. Photo: Handout
Banking & finance

HSBC unveils 25-storey tower in Qianhai to drive cross-border collaboration

The bank says it sees ‘huge potential for economic and trade cooperation between Guangdong and Hong Kong’.

Greater Bay Area

Editorial | Hong Kong should market Greater Bay Area to the world

As the region’s superconnector, city is best placed to explain the incredible opportunities available in the development zone.

Hong Kong economy

Justice chief ‘matchmaker’ for Hong Kong, mainland and international lawyers

Secretary for Justice Paul Lam is leading a legal delegation to Guangdong that includes a record number of foreign lawyers.

Paul Lam (left) is leading a Hong Kong delegation to the mainland, with a visit to the Shenzhen Museum on their itinerary. Photo: Facebook/Paul Lam
Greater Bay Area

Hong Kong-Shenzhen integration could spur capital flows, innovation: expert

At Qianhai Forum on Greater Bay Area cooperation, policy expert suggests Hong Kong firms should establish dual headquarters in Shenzhen.

A view of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone. Photo: Dickson Lee
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

Proposed centres in Qianhai and Nansha will help to meet Hongkongers’ rising demand for medical care.

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Hong Kong property

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

The conglomerate sold a 30 per cent stake in the North tower of the Shenzhen Qianhai Chow Tai Fook Finance Centre to parent Chow Tai Fook Enterprises.

A rendering image of the North tower of the Shenzhen Qianhai Chow Tai Fook Finance Centre. New World Development sold a stake for HK$1.5 billion. Photo: SCMP
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.

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.

The Qianhai area, a pilot free-trade zone in Shenzhen, where Hong civil servants took part in an exchange programme. Photo: Getty Images
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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