HKETO Toronto

05/29/2026

05/29/2026

05/28/2026

Big news for Hong Kong! Hong Kong has just been ranked the #1 cross-boundary wealth management centre in the world. According to the Global Wealth Report 2026 released by Boston Consulting Group on May 27, Hong Kong tops the global rankings for cross-boundary wealth management. But that’s not all – the report also projects that the cross-boundary wealth managed by Hong Kong will grow at an average annual rate of 9% from 2025 to 2030, keeping its lead globally.

A strong vote of confidence in Hong Kong’s position as a world-leading cross-boundary wealth management hub.

05/26/2026

[Economic and Trade Office (ETO) Update: Toronto ETO Visits Canada’s West Coast to Promote Hong Kong’s Business and Trade Advantages]

The Hong Kong Economic and Trade Office (HKETO) in Toronto recently visited several cities on the west coast of Canada, to actively promote Hong Kong’s strengths as an international business and investment hub, with a view to further deepening economic and trade ties between Hong Kong and Canada.

The Toronto ETO supported the Hong Kong-Canada Business Association’s National Conference hosted in Edmonton, engaging with business leaders and professionals from across Canada. It highlighted Hong Kong’s unique advantages under the ‘One Country, Two Systems’ framework – drawing on the strength of the Mainland whilst connecting with the world – as well as its role as an international financial centre and a vital platform linking the Mainland with the Asian markets. The ETO also shared the latest developments and opportunities in Hong Kong across the areas such as: innovation and technology, green finance and supply chain management. Subsequently, the Toronto ETO visited Vancouver to meet with representatives from the business, innovation and technology, academic and community sectors. Discussions focused on promoting bilateral economic and trade cooperation, talent exchange and innovation and technology development. The ETO also highlighted new opportunities in Hong Kong regarding family offices, financial services, the start-up ecosystem and high-end professional services, thereby further enhancing the understanding across the Canadian sectors of the latest developments in Hong Kong.

05/25/2026

05/22/2026

【ScED attends the Asia-Pacific Economic Cooperation Trade Ministers Meeting in Suzhou 】

The Secretary of Commerce and Economic Development, Mr Algernon Yau attended the two-day APEC Trade Ministers Meeting in Suzhou, encouraged the member economies to continue supporting the multilateral trading system and deepening regional economic integration.

Director-General of Trade and Industry, Mr Aaron Liu also attended the 2026 Asia-Pacific Economic Cooperation (APEC) China Year, of the theme of “building the Asia-Pacific community and promoting common prosperity.”

In his speech, Secretary Yau noted that, in the time of environmental uncertainty and rising protectionism, multilateral trading system with the World Trade Organization (WTO) at its core provides the much-needed stability, transparency and predictability to international trade. He encouraged the other trade ministers to build on the progress made at the 14th WTO Ministerial Meeting, to accelerate progress on a number of important outstanding issues.

Secretary Yau said that the APEC member economies have been pushing for trade liberalization in various ways, and the Asia-Pacific free trade agreement (APTA) is one of the long-term visions for deepening the regional economic integration. Hong Kong fully supports the country’s development of the APTA this year, giving new momentum to the initiative and demonstrating the ability of the APEC to lead the way.

In addition, Secretary Yau stressed that Hong Kong has been actively seeking to join the Regional Comprehensive Economic Partnership (RCEP) the soonest possible, contributing to advance the APTA agenda. He is looking forward to the next major milestone for RECP, setting up a “joining committee” for Hong Kong as soon as possible in 2026, and continuing support for Hong Kong’s application to join the RCEP.

During the meeting, Secretary Yau took the opportunity to meet with China International Trade Representative and Vice Minister of Commerce, Li Cheng-gang and Deputy Minister of Trade of the Republic of Indonesia, Dyah Roro Esti Widya Putri, to exchange views on issues of mutual concerns. He also met with the Mayor of Suzhou, Wang Wei, to introduce the latest initiatives to promote Hong Kong’s economic development.

05/21/2026

【Hong Kong, China actively participated in the 2nd APEC Senior Officials Meeting Week 2026 in Shanghai 】

Director-General of Trade and Industry, Mr Aaron LIU led the delegation to attend the second Asia-Pacific Economic Cooperation (APEC) Senior Officials Meeting 2026 held in Shanghai. Speaking during the discussion session, Hong Kong, China stressed its support for the APEC China Year, to deepen practical cooperation in the Asia-Pacific region of free trade, connectivity, digital economy, artificial intelligence, and other areas, and looked forward to working with other member economies, hoping to achieve a series of meeting outcomes this year on the three policy priorities of "openness, innovation and cooperation", including the building of an Asia-Pacific Free Trade Community, during the meeting and exchanged views with senior officials from the different economies. Later, Director Liu will accompany The Secretary of Commerce and Economic Development, Mr Algernon Yau, to the APEC Trade Ministers Meeting in Suzhou on May 22-23.

As the host of APEC in 2026, Hong Kong, China continues to actively participate in the work of APEC at all levels, including other ministerial meetings and related working groups, making full use of the APEC platform to promote Hong Kong, and deepening the international exchanges and cooperation.

05/21/2026

The 𝐭𝐡𝐢𝐫𝐝 𝐂𝐡𝐢𝐧𝐞𝐬𝐞 𝐂𝐮𝐥𝐭𝐮𝐫𝐞 𝐅𝐞𝐬𝐭𝐢𝐯𝐚𝐥 𝟐𝟎𝟐𝟔 is coming! Mark your calendars from June to September 2026 and dive into the enchanting world of "Legends".✨
This year’s theme celebrates Chinese legends and folklore, bringing the timeless vitality of Chinese culture to life. What to expect: over 280 distinctive stage programmes and extension activities; film screenings, thematic exhibitions, talks & workshops; and community and school activities. Featuring top artists and troupes from the Chinese Mainland and Hong Kong, programme highlights include: "Showcase of Peking Opera Actors in Full Armour Roles", featuring legendary wusheng actors from four major Peking Opera troupes and "The Code of The Dynasty", a stunning Song dynasty suspense drama and acrobatic spectacular that revives the glory of the Tang golden age.
Don’t miss this grand celebration of culture, legends and heritage.🌟
https://www.ccf.gov.hk/en/
Video: Leisure and Cultural Services Department

05/20/2026

【HKMA rolls out CargoX pilots program to digitalize trade finance – aims to help SMEs tackle growing complexity in global trade】
The Hong Kong Monetary Authority (HKMA) has announced the launch of the Project Pilot Scheme, which will explore with 21 banks how to use logistics and trade data to enhance SMEs' access to trade finance. The project is centered on the business data infrastructure, aimed at breaking the traditional financing pain point and helping banks to make more accurate credit assessment through the deep integration of freight logistics and capital flow data.
The plan will focus on four major areas this year and next, including connecting major trade data platforms, applying digital corporate identity to enhance data sharing and trust, and enhancing connectivity with major trade corridors. Deputy Chief Executive of the Hong Kong Monetary Authority, Howard Li, said that turning the recommendations into practical actions can promote the digitalization of finance and better serve the real economy. These initiatives not only enhance the efficiency of small and medium-sized businesses, but also strengthen Hong Kong's position as the world's leading hub for trade and trade finance, opening up more possibilities for import and export. Click here to learn more: https://bit.ly/4uwQtCD

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香港金融管理局（金管局）於5月7日宣布推出「CargoX項目先導計劃」（先導計劃）。金管局將與21間參與銀行開展多個創新項目，借助「商業數據通」數據基建，深入探索貨運物流與貿易數據的應用場景，旨在推動貿易融資數字.....