Author Archives: hksar gov

     ​Sponsored by the Cultural and Creative Industries Development Agency (CCIDA) under the Culture, Sports and Tourism Bureau, and organised by the Hong Kong Institute of Architects Biennale Foundation, the Hong Kong Response Exhibition to the Hong Kong Exhibition at Biennale Architettura 2025 in Venice (Venice Biennale of Architecture 2025) is being held from today (November 2) to November 15 at Urban Sky, Hysan Place, in Causeway Bay, and Knotting Space, H Queen’s in Central, with around 30 sets of exhibits showcasing representative public infrastructure in Hong Kong.
      
     Speaking at the opening ceremony, the Commissioner for Cultural and Creative Industries, Miss Drew Lai, remarked that the Hong Kong Special Administrative Region Government has been supporting Hong Kong’s architecture sector’s participation in Venice Biennale of Architecture and staging the Hong Kong Response Exhibition since 2010, with a view to promoting Hong Kong’s architectural culture on the international stage. The theme of this edition’s roving exhibition, “Projecting Future Heritage: A Hong Kong Archive”, closely aligns with Hong Kong’s future development needs. She called on the architecture sector to continue working together with the Government to contribute to the architectural aesthetics and practical functionality of Hong Kong’s developments including the Northern Metropolis.
      
     The Hong Kong Response Exhibition is the last stop of this edition of the roving architecture exhibition series, featuring Hong Kong’s lesser-known and under-researched yet classic composite buildings, multifunctional market complexes, co-op housing, public housing estates, and street infrastructure. The series, after exhibition at Venice Biennale of Architecture 2025 in November 2025, was on tour in Bangkok, Thailand from January to February 2026, and Shanghai in June 2026.
      
     For more information on the roving architecture exhibition, please visit the official social media channel: www.facebook.com/VABHK/.

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     The Tourism Strategy Committee, chaired by the Secretary for Culture, Sports and Tourism, Miss Rosanna Law, held its seventh meeting today (November 2). At the meeting, members exchanged views on tourism-related policy initiatives under the First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030) (Hong Kong’s First Five-Year Plan) and the Chief Executive’s 2026 Policy Address (Policy Address). Representatives of the Hong Kong Tourism Board also reported Hong Kong’s latest tourism performance and relevant statistics to the members.

     Miss Law said, “Hong Kong’s First Five-Year Plan proposes to proactively advance the integrated development of culture, sports and tourism, deepen ‘+tourism’ experiences and enrich high-quality tourism products, while developing Hong Kong into a core demonstration zone for multi-destination tourism and striving to become the southern gateway for overseas visitors entering the Mainland. The Policy Address and Hong Kong’s First Five-Year Plan are closely interconnected. The Culture, Sports and Tourism Bureau will carry out its work focusing on three key areas, namely building infrastructure, reforming systems and promoting Hong Kong, so as to enhance the economic contribution of the tourism industry and further create a stronger foundation for deep integration of culture, sports and tourism, thereby ultimately driving overall economic development and showcasing Hong Kong’s unique charm to the world.”

     Members expressed their agreement with and support for the key directions and measures set out in Hong Kong’s First Five-Year Plan and the Policy Address. Members also engaged in in-depth discussions on how to make good use of Hong Kong’s position as a core demonstration zone for multi-destination tourism, attract more high-value overnight visitors to Hong Kong through developing distinctive high-quality tourism products, and launch multi-destination tourism covering Hong Kong and Mainland cities.

     Hong Kong’s tourism performance remained strong. In the first nine months of 2026, visitor arrivals reached 40.7 million, representing a year-on-year growth of 12 per cent. Visitor arrivals in August stood at around 5.46 million, setting a new post-pandemic monthly record. It is projected that full-year visitor arrivals for 2026 will reach 53.8 million, up about 8 per cent compared with 2025, and that total tourism expenditure associated with inbound tourism will reach $238.1 billion, an increase of around 10 per cent over 2025.

     The Committee is tasked to provide the Government with strategic advice and foster collaboration among different stakeholders in tourism and related sectors for further promoting the long-term and sustainable development of Hong Kong’s tourism industry. Members include prominent figures and key leaders from tourism and other related sectors such as culture, sports, retail and catering.

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The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA) and the Hong Kong University of Science and Technology (HKUST) today (November 2) launched the Post-Quantum Cryptography (PQC) Toolkit (Toolkit), with support from industry participants. The Toolkit sets out a structured and comprehensive framework to guide banks in planning and advancing their PQC transition journeys.
      
     The Toolkit supports banks in establishing clear governance and accountability, assessing cryptographic exposure, identifying transition needs, as well as monitoring implementation progress. The Toolkit also brings together key planning considerations to facilitate an orderly and risk-based transition.
      
     In particular, the Toolkit includes a suite of practical tools to help banks get started with practical assessment and planning, such as taking stock of their cryptographic assets and dependencies, defining transition priorities, strengthening engagements with suppliers and developing practical transition timelines accordingly. 
 
     In response to the potential cybersecurity risks associated with future advances in quantum computing, the HKMA launched the Quantum Preparedness Index (QPI) (Note 1) in July 2026 to assess the banking sector’s preparedness for the quantum-safe cryptography. The initial QPI score of 2.3 out of 10 indicated that, while the sector had begun addressing quantum-related developments, its overall readiness for the transition to PQC remains at an early stage. Co-developed by the HKMA and the HKUST, the Toolkit aims to support banks in translating awareness into concrete actions, driving the sector towards full quantum readiness, that is, a QPI score of 10 by 2030.
      
     The collaboration reflects the HKUST’s role in advancing understanding of emerging technologies and their implications for business and society. Drawing on the multidisciplinary expertise across cybersecurity, cryptography, finance, economics, corporate governance, and technology applications, the HKUST is contributing to one of the critical challenges emerging from advances in quantum computing.
      
     Deputy Chief Executive of the HKMA Mr Arthur Yuen said, “The Quantum Preparedness Index has established a clear starting point for the sector. The next step is to help banks translate that understanding into clear responsibilities, informed priorities and practical plans. Through our collaboration with the HKUST and the industry, the Toolkit provides a common foundation that banks can adapt to their own circumstances. Our aim is to make it easier for banks to begin the work and sustain progress throughout the transition.”
      
     The Dean of the School of Business and Management at HKUST, Professor Frederik Anseel, said, “Preparing for the quantum era is a leadership challenge. Banks can build the knowledge and organisational capability they need even while the timing of the threat remains uncertain. Our collaboration with the HKMA and industry translates academic research and practical experience into guidance that banks can use. By starting with manageable steps and learning from trials, banks can strengthen their preparedness over time.”
      
     The collaboration brings together the HKMA’s supervisory perspective, the HKUST’s academic expertise and practical insights from the industry. Through this co-development approach, the Toolkit will be updated over time to reflect evolving technological developments, international standards and industry implementation experience. The Toolkit is available in the Fintech Knowledge Hub section of the HKMA website (Note 2).
     
Note 1: HKMA launches quantum preparedness whitepaper and index to support banking sector’s readiness for quantum era
www.hkma.gov.hk/eng/news-and-media/press-releases/2026/07/20260727-3/

Note 2: Toolkit Circular
brdr.hkma.gov.hk/eng/doc-ldg/docId/20261102-3-EN read more

The following is issued on behalf of the Hong Kong Monetary Authority:      The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Octopus Cards Limited relating to fraudul… read more

The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to the press release issued by the bank listed below relating to fraudulent websites, internet banking login screens, phishing emails or other scams, which has been reported to the HKMA. Hyperlink to the press release is available on the HKMA website.
      

Bank	Type of scam
DBS Bank (Hong Kong) Limited	Phishing instant messages

 
     The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. They will not ask customers for sensitive information, such as login passwords or one-time password, by phone, email or SMS (including via embedded hyperlinks).
      
     Anyone who has provided his or her personal information, or who has conducted any financial transactions, through or in response to the scams concerned, should contact the relevant bank with the information provided in the corresponding press release, and report the matter to the Crime Wing Information Centre of the Hong Kong Police Force at 2860 5012. read more