Hong Kong Today Monday
Jul 14, 2025
Philippe Dirks, Managing Director and Head of Fixed Income at the Asia Securities Industry and Financial Markets Association, dives into the expansion of the Bond Connect scheme. He discusses how this initiative is revolutionizing investment opportunities across Asia. Dirks highlights potential impacts on foreign investments and the benefits for local markets. The conversation also touches on the intricate dynamics of global financial markets and how geopolitical events influence investment trends.
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Import Labor Hiring Rules
- Employers must try to hire locals for at least four weeks before importing labor under the Enhanced Supplementary Labour Scheme.
- Authorities will suspend import applications and impose sanctions on employers who violate hiring rules.
Caregiver Subsidy Protection
- Caregivers can keep their subsidies during hospital stays even if they can't meet the 80-hour monthly care requirement.
- The government will provide backup support like food delivery and respite services when caregivers are hospitalized.
Scam Risks for Mainland Students
- Mainland students are prime targets for scams in the first weeks of their studies in Hong Kong.
- Multi-channel education and peer support groups help increase scam awareness and prevention.