Hong Kong Customs detects case of suspected illicit motor spirit
Hong Kong Customs on March 9 detected an illicit motor spirit case involving a fishing vessel in the waters off So Kwun Wat, Tuen Mun, and seized 1 260 litres of suspcted illicit motor spirit. A man aged 75 was arrested.
In the afternoon on March 9, Customs identified and intercepted a suspicious fishing vessel being towed with two sampans during a sea patrol in the northwest area of Hong Kong waters. The batch of illicit motor spirit, with an estimated market value of about $38,000 and a duty potential of about $7,600, was found on the three vessels upon search. The 75-year-old captain of the fishing vessel, suspected of violating the Dutiable Commodities Ordinance (DCO), was arrested.
Under the DCO, anyone involved in importing, dealing with, possession of, selling or buying illicit motor spirit commits an offence. The maximum penalty upon conviction is a fine of $1 million and imprisonment for two years.
Members of the public may report any illicit fuel 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).
Hong Kong Customs detects case of suspected illicit motor spirit Source: HKSAR Government Press Releases
InvestHK highlights Hong Kong's "AI+" and "Finance+" strengths at Inclusion Conference on the Bund 2026 to support Chinese Mainland enterprises' going global
Invest Hong Kong (InvestHK) participated in the Inclusion Conference on the Bund 2026 in Shanghai on September 9 and 10. Through a thematic forum, dedicated exhibition booth and a series of engagement activities, InvestHK showcased Hong Kong's unique strengths as an international financial centre and international innovation and technology hub. It also highlighted how the city's 'Finance+' and 'AI+' strengths support Chinese Mainland enterprises in advancing innovation and expanding into international markets. Held under the theme "Co-creating the New AI Economy", this year's Conference brought together technology companies, industry leaders, innovation and technology organisations, and start-ups from around the world. InvestHK has deepened its engagement further this year, by promoting Hong Kong’s integrated strengths in capital, technology, talent and professional services, helping enterprises seize new opportunities and accelerate their international expansion.
The Secretary of the CPC Shanghai Huangpu District, Ms Xu Huili, said, "As globalisation continues to accelerate, going global has become a priority for many enterprises. As a world-renowned international financial centre, Hong Kong offers a mature capital market, a strong professional services ecosystem, a legal system aligned with international standards, and a rich pool of talent. Hong Kong has become an important platform for Chinese Mainland enterprises seeking to expand globally. In the first half of this year, the Huangpu District (Hong Kong) Talent Liaison and Enterprise Going Global Service Station was officially launched in Hong Kong, alongside the successful staging of the 'Creator·H²' Global Innovation and Entrepreneurship Competition. From connecting I&T resources to developing high-level innovation platforms, and from talent exchanges to project matchmaking, a series of practical initiatives is gradually translating into tangible results as Huangpu District and Hong Kong join forces to support Chinese Mainland enterprises in going global. Looking ahead, Huangpu District will further deepen collaboration with relevant departments and organisations in Hong Kong, and actively promote co-operation between Shanghai and Hong Kong in areas including policy alignment, talent exchanges and capital connectivity, creating a pathway for enterprises to expand from Shanghai to the global stage."
The Global Head of Financial Services, Fintech & Sustainability at InvestHK, Mr King Leung, said, "Chinese Mainland enterprises are entering a new phase of internationalisation, where integrated development is driven by technology, brands, capital and supply chain. As a key node in the country's dual circulation strategy, the Yangtze River Delta is home to a growing number of companies with global competitiveness. Hong Kong is uniquely positioned to support this next stage of growth. As an international financial centre and international innovation and technology hub, the city brings together capital, market and talent connectivity, while providing comprehensive support across financing, research and development, professional services and overseas business expansion for enterprises. As a "Super Connector" and "Super Value-Adder", Hong Kong will continue to help Chinese Mainland enterprises seize opportunities arising from the AI era, connect with international markets and accelerate their global development."
Hong Kong Forum explores new opportunities for enterprise global expansion
One of the highlights of this year's Conference was the Hong Kong Forum organised by InvestHK under the theme "Sailing the Digital Ocean — Hong Kong's 'FinTech+' Empowers Chinese Mainland Enterprises to Expand Globally". The Forum formed part of a broader Hong Kong delegation of more than 20 representatives from the Hong Kong Special Administrative Region Government, regulators, financial institutions, innovation and technology organisations, and the business community to explore emerging trends and opportunities of Chinese Mainland enterprise globalisation. Discussions focused on key issues ranging from fundraising and treasury management to innovation, talent, cross-border compliance and international expansion, showcasing how Hong Kong supports enterprises at different stages of their global growth journey.
As a showcase of Hong Kong's "Finance+" and "AI+" advantages, the Forum convened representatives from the Financial Services and the Treasury Bureau, the Innovation, Technology and Industry Bureau, InvestHK, the Hong Kong Monetary Authority, and Hong Kong Exchanges and Clearing Limited alongside leaders from the financial, technology and professional services sectors. Through policy dialogues, thematic discussions and business case studies, participants examined how Hong Kong supports Chinese Mainland enterprises throughout their go-global journey, from policy advantages, financing and innovation to global market expansion.
Participants noted that Chinese Mainland enterprises are moving beyond traditional product exports towards a more sophisticated phase of globalisation. They must develop endtoend capabilities spanning global capital mobility, innovation and research and development (R&D), compliance and crossborder operations. Against this backdrop, the Forum explored practical strategies for enhancing global treasury efficiency through Hong Kong's cross-border Renminbi network, multi-currency treasury management capabilities and fintech infrastructure; promoting offshore R&D and AI innovation capabilities through Hong Kong's research talent pool, start-up ecosystem and IP protection regime fosters offshore R&D and AI innovation; and navigating cross-border compliance , supply chain, digital infrastructure challenges across markets and other challenges. Discussions also covered the role of policy initiatives and market mechanisms, ranging from company establishment, tax incentives, talent attraction, to capital markets access and cross-border financing solutions, providing enterprises with a clearer development path from establishing a presence in Hong Kong and consolidating resources to expanding their global business.
Hong Kong pavilion highlights the city's advantages and deepening Shanghai-Hong Kong collaboration
During the Conference, InvestHK showcased Hong Kong's integrated strengths as a platform for enterprise globalisation through a dedicated booth, with Hong Kong FinTech Week x StartmeupHK highlighting as the city's latest developments in financial services, innovation and technology. The pavilion demonstrated how Hong Kong's "AI+" and "Finance+" strengths support innovation of Chinese Mainland enterprises, connect them with global opportunities and help businesses expand internationally. Through its participation in the Conference, InvestHK further strengthened engagement with enterprises from the Yangtze River Delta, encouraging them to leverage Hong Kong's flagship platforms, including Hong Kong FinTech Week x StartmeupHK, as gateways to international markets and growth opportunities.
InvestHK's participation in the Inclusion Conference on the Bund for a second consecutive year reflects the growing momentum of collaboration between Shanghai and Hong Kong in fintech, innovation, entrepreneurship and enterprise internationalisation. Looking ahead, InvestHK will continue to strengthen engagement with the Yangtze River Delta and other regions across the country, fostering closer connections betwen innovation, industry and capital. As enterprises navigate the opportunities presented by AI, industrial transformation and a rapidly evolving global economy, Hong Kong will continue to play a unique role in helping businesses connect with global markets, build international capabilities, and achieve high quality growth.
InvestHK highlights Hong Kong's "AI+" and "Finance+" strengths at Inclusion Conference on the Bund 2026 to support Chinese Mainland enterprises' going global Source: HKSAR Government Press Releases
InvestHK highlights Hong Kong's "AI+" and "Finance+" strengths at Inclusion Conference on the Bund 2026 to support Chinese Mainland enterprises' going global Source: HKSAR Government Press Releases
InvestHK highlights Hong Kong's "AI+" and "Finance+" strengths at Inclusion Conference on the Bund 2026 to support Chinese Mainland enterprises' going global Source: HKSAR Government Press Releases
InvestHK highlights Hong Kong's "AI+" and "Finance+" strengths at Inclusion Conference on the Bund 2026 to support Chinese Mainland enterprises' going global Source: HKSAR Government Press Releases
InvestHK highlights Hong Kong's "AI+" and "Finance+" strengths at Inclusion Conference on the Bund 2026 to support Chinese Mainland enterprises' going global Source: HKSAR Government Press Releases
InvestHK highlights Hong Kong's "AI+" and "Finance+" strengths at Inclusion Conference on the Bund 2026 to support Chinese Mainland enterprises' going global Source: HKSAR Government Press Releases
InvestHK highlights Hong Kong's "AI+" and "Finance+" strengths at Inclusion Conference on the Bund 2026 to support Chinese Mainland enterprises' going global Source: HKSAR Government Press Releases
InvestHK highlights Hong Kong's "AI+" and "Finance+" strengths at Inclusion Conference on the Bund 2026 to support Chinese Mainland enterprises' going global Source: HKSAR Government Press Releases
InvestHK highlights Hong Kong's "AI+" and "Finance+" strengths at Inclusion Conference on the Bund 2026 to support Chinese Mainland enterprises' going global Source: HKSAR Government Press Releases
InvestHK highlights Hong Kong's "AI+" and "Finance+" strengths at Inclusion Conference on the Bund 2026 to support Chinese Mainland enterprises' going global Source: HKSAR Government Press Releases