Hong Kong and Zhuhai Strengthen Cooperation for Greater Bay Area Development

2026-02-27 17:00 Last Updated At：17:08

CE meets Secretary of CPC Zhuhai Municipal Committee

The Chief Executive, Mr John Lee, met the Secretary of the CPC Zhuhai Municipal Committee and Secretary of the Hengqin Working Committee of the CPC Guangdong Provincial Committee, Mr Chen Yong, today (February 27) to exchange views on strengthening co-operation between Hong Kong and Zhuhai.

Mr Lee welcomed Mr Chen and his delegation on their visit to Hong Kong. Mr Lee said that since the commissioning of the Hong Kong-Zhuhai-Macao Bridge (HZMB), Zhuhai has become the only Mainland city connected by land to both Hong Kong and Macao. The successive implementation of the Northbound Travel for Hong Kong Vehicles and Southbound Travel for Guangdong Vehicles schemes has deepened the two-way flow of people between Guangdong and Hong Kong, further facilitating the flow of people and goods within the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). As a core city of the GBA, Hong Kong will continue to work closely with Zhuhai to further harness the opportunities presented by the HZMB to develop Hong Kong and Zhuhai into one of the GBA's main gateways for the import and export of goods, promoting high-quality development in the GBA.

Mr Lee said that Hong Kong International Airport and Zhuhai Airport have been closely co-operating with remarkable results. Through enhancing the "Fly-Via-Zhuhai-Hong Kong" direct passenger service and jointly developing the international air-cargo business, the two places have further enhanced the competitiveness of both airports and reinforced their combined advantages to bring about the synergy effect of "one plus one is greater than two". This serves as a testament to the complementarity and mutual benefits achieved between Hong Kong and Zhuhai. Hong Kong will continue to leverage its dual advantage of having national and global opportunities, and further strengthen collaboration between the two airports, jointly contributing to the development of a world-class airport cluster in the GBA.

Mr Lee said that Hong Kong and Zhuhai are linked by geographical ties and share the same roots, with frequent exchanges in areas such as trade, investment, transport and aviation. The Hong Kong Special Administrative Region Government will proactively align with the National 15th Five-Year Plan to better integrate into and serve the country's overall development and fulfil the role of "bringing in and going global". He encouraged Zhuhai enterprises to make good use of Hong Kong as a springboard to explore overseas markets, pursue development together, and jointly seize the opportunities arising from national development.

HKMA to Hold RMB1 Billion Tender for 1-Year Government Bonds on March 5, 2026

Tender for re-opening of 1-year RMB HKSAR Institutional Government Bonds to be held on March 5

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

The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced today (February 27) that a tender of 1-year RMB Institutional Government Bonds (Bonds) through the re-opening of existing 1-year Government Bond issue 01GB2612001 under the Infrastructure Bond Programme will be held on March 5, 2026 (Thursday), for settlement on March 9, 2026 (Monday).

An additional amount of RMB1.0 billion of the outstanding 1-year Bonds (issue no. 01GB2612001) will be on offer. The Bonds will mature on December 8, 2026 and will carry interest at the rate of 1.60 per cent per annum payable semi-annually in arrear. The Indicative Pricings of the Bonds on February 27, 2026 are 100.11 with a semi-annualised yield of 1.455 per cent.

Tender is open only to Primary Dealers appointed under the Infrastructure Bond Programme. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the latest published list, which can be obtained from the Hong Kong Government Bonds website at www.hkgb.gov.hk. Each tender must be for an amount of RMB50,000 or integral multiples thereof.

Tender results will be published on the HKMA's website, the Hong Kong Government Bonds website, Bloomberg (GBHK <GO>) and Refinitiv (IBPGSBPINDEX). The publication time is expected to be no later than 3pm on the tender day.

HKSAR Institutional Government Bonds Tender Information

Tender information of 1-year RMB HKSAR Institutional Government Bonds:

Issue Number

01GB2612001

Stock Code

85100 (HKGB1.60 2612-R)

Tender Date and Time

March 5, 2026 (Thursday)

9.30am to 10.30am

Issue and Settlement Date

March 9, 2026 (Monday)

Amount on Offer

RMB1.0 billion

Maturity

1 year

Remaining maturity

Approximately 0.75 year

Maturity Date

December 8, 2026 (Tuesday)

Interest Rate

1.60 per cent p.a. payable semi-annually in arrear

Interest Payment Dates

June 8 and December 8 in each year, commencing on the Issue Date up to and including the Maturity Date, subject to adjustment in accordance with the terms of the Institutional Issuances Information Memorandum of the Infrastructure Bond Programme and Government Sustainable Bond Programme (Information Memorandum) published on the Hong Kong Government Bonds website.

Method of Tender

Competitive tender

Tender Amount

Each competitive tender must be for an amount of RMB50,000 or integral multiples thereof. Any tender applications for the Bonds must be submitted through a Primary Dealer on the latest published list.

The accrued interest to be paid by successful bidders on the issue date (March 9, 2026) for the tender amount is RMB199.45 per minimum denomination of RMB50,000.

(The accrued interest to be paid for tender amount exceeding RMB50,000 may not be exactly equal to the figures calculated from the accrued interest per minimum denomination of RMB50,000 due to rounding).

Other Details

Please see the Information Memorandum available on the Hong Kong Government Bonds website or approach Primary Dealers.

Expected commencement date of dealing on

the Stock Exchange

of Hong Kong Limited

The tender amount is fully fungible with the existing 01GB2612001 (Stock code: 85100) listed on the Stock Exchange of Hong Kong.

Use of Proceeds

The Bonds will be issued under the institutional part of the Infrastructure Bond Programme. Proceeds will be invested in infrastructure projects in accordance with the Infrastructure Bond Framework published on the Hong Kong Government Bonds website.