Author Archives: hksar gov

HKMC’s Social Bonds Allocation Update and Impact Report for November 2025 Social Bond

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

     The Hong Kong Mortgage Corporation Limited (HKMC) today (November 6) published its Social Bonds Allocation Update and Impact Report for November 2025 Social Bond (Report). The Report mainly discloses the allocation of the net proceeds of the outstanding social bond issuance launched by the HKMC in November 2025, as well as its social impacts as of September 30, 2026. The net proceeds of the issuance were used to support the HKMC’s Reverse Mortgage Programme that provides essential financing for the elderly in Hong Kong.
      
     Details of the Report are available at: www.hkmc.com.hk/eng/investor_relations/sustainable_finance.html. read more

HKICL alerts public of fraudulent website

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

     Hong Kong Interbank Clearing Limited (HKICL) has recently noted a fraudulent website at fpstk.asia purported to be from HKICL. The fraudulent website imitates as “Buyer Online Protection” to provide services including 1) refund to buyer, 2) unauthorised online transaction reporting, and 3) online transaction support, for online transaction over FPS payment. Further, it directs users to a fraudster impersonating as customer service personnel.
      
     HKICL advises that this fraudulent website has no affiliation with HKICL, or any business of HKICL. HKICL will not directly provide FPS service to individual members of the public or contact individual members of the public proactively under usual circumstance. The genuine official website addresses of HKICL are www.hkicl.com.hk and fps.hkicl.com.hk.
      
     HKICL urges the public to beware of suspicious calls, websites or other communications, and to remain vigilant in protecting personal information. If members of the public receive any suspicious communication purportedly from HKICL, please call HKICL’s general line at 2533 1111 to verify. Members of the public who suspect that they have become the victim of fraudulent acts should report promptly to the Police. read more

Remarks by SJ at media session

     Following are the remarks by the Secretary for Justice, Mr Paul Lam, SC, at a media session during the Second Guangdong – Hong Kong – Macao Greater Bay Area Lawyers Forum of the Hong Kong Legal Week 2026 today (November 6):

Reporter: Looking ahead, what are some concrete next steps you want to see delivered moving forward based on the outcomes of Legal Week? Also, you have previously expressed the hope that AI-specific legislative proposals, particularly on combating AI-facilitated crime and protecting minors using social media and AI, could be drafted by the end of 2026. As we approach the end of the year, could you update us on the progress?

Secretary for Justice: First, in relation to your first question, I have just mentioned that one of the major achievements of this Legal Week is the formal opening of the Hong Kong liaison office (Asia-Pacific Liaison Office) of UNIDROIT (International Institute for the Unification of Private Law). In this respect, I think the next step is to work very closely with UNIDROIT to ensure that the representative office after its establishment can function as intended. We will definitely provide whatever assistance that is required to assist its operation in Hong Kong.

     Apart from that, of course, there are other things in relation to our effort to strengthen Hong Kong’s status as an international legal and dispute resolution services centre. For example, we are very actively proceeding with the amendment exercise in relation to the Arbitration Ordinance. We are also going to proceed with the construction of a new Hong Kong International Legal Service Building. There are a lot of things going on, but all of these things aim at achieving the same objective, that is, as I mentioned, to strengthen Hong Kong’s position as an international legal service centre.

     In relation to your second question, I appreciate that the general public is very concerned about the progress of various initiatives in relation to the use of AI. First, a subcommittee of the Law Reform Commission is, I believe, finalising its recommendations in relation to certain AI-enabled crimes. I am confident that, in the immediate future, you will see a consultation document in this respect, as to regulating the use of AI by minors, as well as product liability. I am in the course of setting up an interdepartmental working team. I expect – it’s in fact my direction – that a meeting will be held as soon as possible, I think definitely within this year. Significant progress has been made. When the time comes, we will inform the public of the actual progress.

(Please also refer to the Chinese portion of the remarks.) read more

Hongkong Post alerts public to fraudulent Hongkong Post social media account

     ​Hongkong Post today (November 6) appealed to members of the public to stay alert to a fraudulent Hongkong Post Threads account (hxxps://www----escape_sem_autolink_uri:d0b10a15db40a36d59fddb83ef024cf2----threads[.]com/@yuni_artist), which claims to accept orders for stamps and philatelic products.
 
     Hongkong Post clarifies that it has no connection with the above fraudulent Threads account. If members of the public wish to purchase stamps and philatelic products, please visit Hongkong Post’s online shopping platform ShopThruPost (shopthrupost.hongkongpost.hk). Members of the public are urged to be discerning to ascertain the authenticity of online information. In addition, Hongkong Post will not send embedded hyperlinks via emails, SMS messages or social media platforms for collecting payments or personal information.
 
     Hongkong Post has reported the case to the Police for investigation. For enquiries, members of the public may contact the Hongkong Post enquiry hotline at 2921 2222 or email hkpo@hkpo.gov.hk. read more

World Class University Presidents Forum 2026 concludes on high note (with photos)

The following is issued on behalf of the University Grants Committee:

     The World Class University Presidents Forum 2026 concluded yesterday (November 5). Themed “Higher Education Reimagined: Innovating for the Future”, the Forum brought together over 130 higher education leaders from more than 50 leading universities and institutions worldwide, fully demonstrating Hong Kong’s role as a premier international education hub.

     As a flagship event in the global higher education calendar, the Forum provided a valuable platform for dialogue among global higher education leaders on the future of universities in the rapidly changing world. Through detailed panel discussions and roundtable sessions across three key topics: “The University in the AI Era”, “The University and Society”, and “The University and Civilization”, participants exchanged forward-looking insights and inspiring strategies regarding how the higher education sector can navigate rapid technological advancements, demographic shifts, global competition for talent, and the imperative of sustainable development.

     At the closing ceremony of the Forum, the Chairman of the University Grants Committee (UGC), Mr Tim Lui, noted that Hong Kong’s higher education sector is shaped by openness, exchanges and connectivity. The UGC-funded universities are globally recognised for their academic distinction, research excellence and international character.

     Mr Lui highlighted that the eight UGC-funded universities have established over 2 700 exchange agreements and are working on almost 8 000 international collaborative research projects with universities worldwide, including many top universities presented in the Forum. The extensive global collaborations are a resounding testament to the collective dedication of the universities, the world-class scholars and the steadfast support of the nation. With its world-class universities, international outlook, proximity to the Chinese Mainland, and the golden opportunities arising from the development of the Northern Metropolis University Town and related initiatives, Hong Kong serves as a true “super connector” between the nation and the world. The UGC looks forward to gathering great leaders of global higher education sector in future editions of the Forum.

     Looking ahead, the UGC will continue to work closely with the eight UGC-funded universities and relevant stakeholders to cultivate future-ready talent, and deepen national, international and cross-sector collaboration, thereby further consolidating Hong Kong’s distinctive role as an international hub for post-secondary education and high-calibre talent.

Photo  Photo  Photo  
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