Tag Archives: China

Speech by FS at Hong Kong International Wine & Spirits Fair 2026 (English only)

     Following is the speech by the Financial Secretary, Mr Paul Chan, at the Hong Kong International Wine & Spirits Fair 2026 today (November 5):

Smilely (Acting Executive Director of the Hong Kong Trade Development Council, Ms Smilely Lam), consuls-general, distinguished guests, ladies and gentlemen,

     Good evening. Welcome to the Hong Kong International Wine and Spirits Fair.

     As Financial Secretary, I spend a great deal of time looking at figures. So it is a pleasure to join an occasion where “good balance” and “a strong finish” mean something rather different.

     And I promise to keep my remarks short. A good wine may benefit from breathing. A speech does not always benefit from going on.

     My thanks to the Hong Kong Trade Development Council for bringing us together. To our exhibitors and buyers, and especially those joining us for the first time: a very warm welcome.

     Behind every bottle here is a story: of a place, a tradition, and people who care deeply about their craft. This Fair helps those stories travel – and helps the businesses behind them find new customers.

     That is also what Hong Kong is here to do.

     Our role is to bring producers and buyers together, connect markets, and help businesses turn a promising introduction into a lasting partnership.

     The Government has a part to play, too. Following our duty reduction for high-end liquor, the figures are encouraging. Comparing the 18 months before and after the change, duty-paid liquor imports rose by about 6 per cent in volume and nearly 33 per cent in value.

     That is something worth toasting.

     But the purpose goes beyond bringing more bottles into Hong Kong. We want to create more opportunities: for traders and logistics providers, for restaurants and retailers, and for the many businesses that support this industry.

     You can see that ambition taking shape in the Fair’s expanded “World of Spirits”.

     Chinese baijiu brands are looking to reach international audiences. Producers from around the world are looking for new markets in Asia. Hong Kong brings them together – not simply to trade, but to learn about different tastes, traditions and possibilities.

     And do visit our home-grown distillers. Their creativity reminds us that Hong Kong is not only a place where products change hands. It is also a place where new ideas take shape.

     That spirit of invention extends to the new Service Zone, featuring AI sommeliers and automated cocktail machines.

     An AI sommelier may help you choose a bottle. But I suspect it will be some time before it can replace the friend who says, “Trust me – you’ll love this one.”

     Technology can make discovery easier and service better. The human connection remains at the heart of hospitality – and of business.

     Just look at Bar Leone, named the World’s Best Bar for two consecutive years. It is a wonderful tribute to the talent and hospitality of our city. Clearly, Hong Kong knows a thing or two about raising the bar.

     So, while you are here, look beyond the exhibition halls. Explore our restaurants, bars and neighbourhoods. Meet the people behind the menus and the counters. Let Hong Kong surprise you.

     Ladies and gentlemen, a successful fair is measured not only by what is sold today, but by what begins here: a first order, a new collaboration, or a conversation that opens an unexpected door.

     That is our ambition for Hong Kong: a place where the world meets, and where meeting leads to opportunity.

     I wish you a rewarding Fair, fruitful partnerships and a wonderful stay in Hong Kong.

     May your conversations flow, your partnerships mature, and your memories of Hong Kong have a very long finish.

     Thank you very much. read more

Hong Kong Customs seizes suspected cannabis buds worth about $1.9 million at airport (with photo)

     ​Hong Kong Customs today (November 5) detected a drug trafficking case involving baggage concealment at Hong Kong International Airport and seized about 9 kilograms of suspected cannabis buds with an estimated market value of about $1.9 million.
      
     A 24-year-old Mainland male passenger arrived in Hong Kong from Bangkok, Thailand, last night (November 4). During customs clearance in the early hours of today, Customs officers found the batch of suspected cannabis buds inside his carry-on baggage. He was then arrested.
      
     The arrested man has been charged with one count of trafficking in a dangerous drug. The case will be brought up at the West Kowloon Magistrates’ Courts tomorrow (November 6).
      
     Customs will continue to step up enforcement against drug trafficking activities through intelligence analysis. The department also reminds members of the public to stay alert and not to participate in drug trafficking activities for monetary return. They must not accept hiring or delegation from another party to carry controlled items into and out of Hong Kong. They are also reminded not to carry unknown items for other people.
      
     Customs will continue to apply a risk assessment approach and focus on selecting passengers from high-risk regions for clearance to combat transnational drug trafficking activities.
      
     Under the Dangerous Drugs Ordinance, trafficking in a dangerous drug is a serious offence. The maximum penalty upon conviction is a fine of $5 million and life imprisonment.
      
     Members of the public may report any suspected drug trafficking activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).

Photo  
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Scam alert related to banks

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
Bank of China (Hong Kong) Limited Fraudulent website and internet banking login screen
 
     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