Greater Bay Areai

The "Greater Bay Area" refers to the Chinese government's scheme to link the cities of Hong Kong, Macau, Guangzhou, Shenzhen, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen and Zhaoqing into an integrated economic and business hub.

  • The Chinese premium electric vehicle start-up plans to build a factory and establish its global headquarters in Hong Kong as it looks to gain a foothold in the industry

Hong Kong’s monetary authority plans to sign an agreement with the Chinese central bank to find ways to enhance cross-border remittance services to make it easier for Hongkongers who work or retire on the mainland.


The HKIC will use its initial corpus of HK$62 billion (US$8 billion) to support innovative start-ups, enhance economic growth and generate returns for the government.

WeBank’s Hong Kong subsidiary will manage the digital lender’s overseas business, and offer services to countries and regions covered by the Belt and Road Initiative.

The partnership ensures the company will use Hong Kong as its base of development and make the city’s stock market its first choice for any future listing.