Newsletter

Dear friends,

Here's latest issue of Hong Kong Files,the newsletter published by the Hong Kong Economic and Trade Office (HKETO) that contains major news on Hong Kong and our office

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National Security Law The Standing Committee of the National People’s Congress passed on 30 June 2020 a law on safeguarding national security in the Hong Kong Special Administrative Region of the People’s Republic of China. It is an important step to fully implement the Basic Law, strengthen implementation of the “One Country, Two Systems” principle, and restore stability in Hong Kong as soon as possible. Safeguarding national sovereignty, security and development interests is the constitutional duty of the HKSAR and concerns every Hong Kong citizen. The Law only targets an extremely small minority of offenders of four types of acts and activities that endanger national security. Important principles in line with the rule of law when protecting national security, including presumption of innocence, conviction and punishment according to law, and protection of the rights of the suspect in judicial proceedings shall be adhered to. The rule of law and judicial independence, which are among the essential elements underlying Hong Kong’s success, will continued to be upheld. Read more here: Booklet on National Security Law HK Update: National Security Law for the HKSAR
HKSAR 23rd Anniversary The Hong Kong Special Administrative Region celebrates the 23rd anniversary of its establishment on July 1, 2020. A flag-raising ceremony and a celebration reception was held.
Cross-boundary wealth management connect pilot scheme A cross-boundary wealth management connect pilot in the Guangdong-Hong Kong-Macao Greater Bay Area, under which residents in Hong Kong, Macao and nine cities in Guangdong Province could carry out cross-boundary investment in wealth management products distributed by banks in the area. “Wealth Management Connect provides more incentives for international financial institutions to have a foothold and invest more resources in Hong Kong so as to serve the large investor base in Greater Bay Area cities, which will in turn strengthen Hong Kong's role as the international asset and management centre and important gateway for capital flowing into and out of the Mainland." -Financial Secretary, Mr Paul Chan Read more in a column by the Chief Executive of the Hong Kong Monetary Authority, Mr Eddie Yue, on the Wealth Management Connect Scheme in the Greater Bay Area.
Together, we fight the virus! In 2003, the SARS outbreak taught Hong Kong valuable lessons about bolstering healthcare and getting — as well as staying — ahead of the curve in research and development (R&D). Those lessons are now paying dividends in the fight against COVID-19. With its robust R&D landscape and solid foundations in healthcare, Hong Kong has punched above its weight, bringing its innovations to the world. Here’s how. Since the start of the pandemic, Hong Kong has made significant public health contributions to the global fight against COVID-19 through world-class scientific research and cutting edge technology. Watch here. Read more: HK Update: Response to COVID-19
HKEx celebrates its 20th Anniversary as a listed company The Hong Kong Exchanges and Clearing Limited is celebrating 20 years as a listed company! HKEX is today the global markets leader in the Asian time-zone. Here are some of its key achievements.
Webinars by the HKETO The HKETO hosted two webinars on 2 June and 7 July, to discuss how business cope with the pandemic in Hong Kong, and the latest development trend of technology ecosystem in Indonesia. Watch them here in case you missed it! How Business can cope with the Pandemic - An Experience-sharing from Hong Kong (2 June, 2020) A Greater Horizon for Indonesian Companies in Hong Kong – Capital and Beyond (7 July, 2020)
The healing power of Art Hong Kong’s art scene is taking on a "new normal" with the launch of ART Power HK in March, which has been extended due to popular demand. Alice Mong, Executive Director of Asia Society Hong Kong Center and a key member of the initiative, talks exclusively to Brand Hong Kong about the implications of the first "Made in HK" online art platform and how accessibility of online art can act as a “magic elixir” against the tedium of social distancing. Watch here.