Local stocks in Hong Kong generally rose in early trading. As of press release, AIA (01299) rose 7.87% to HK$58.25; MTR Corporation (00066) rose 3.58% to HK$26.05; Hang Lung Properties (00101) rose 4.05% to HK$8.74; and Kowloon Tong Properties (01997) rose 2.31% to HK$24.4.
The Zhitong Finance App learned that local stocks in Hong Kong generally rose in early trading. As of press release, AIA (01299) rose 7.87% to HK$58.25; MTR Corporation (00066) rose 3.58% to HK$26.05; Hang Lung Properties (00101) rose 4.05% to HK$8.74; and Jiulong Cang Real Estate (01997) rose 2.31% to HK$24.4.
According to the news, the National Immigration Service announced on the 28th that from May 6, 2024, it will extend the period of stay in Hong Kong and Macau from 7 days to 14 days for people with a business endorsement, while extending the scope of application of the endorsement for talents visiting Hong Kong and Macau to Beijing and Shanghai. In addition, the “nationwide coverage” measure will apply to business endorsements, and applicants can complete the formalities at relevant institutions throughout the country without being restricted by their domicile registration or place of residence.
The Hong Kong Special Administrative Region Government stated that the optimization measures have responded positively to the expectations of the business communities in the two places. At the same time, these measures will greatly facilitate mainland traders visiting Hong Kong to carry out various business activities and promote exchanges between the two places. The SAR government also stated that the new measures will help promote Hong Kong's further integration into the overall national development agenda and achieve further tangible results on the basis of a solid policy to promote the “southward and northward” two-way talent flow. The HKSAR Government will continue to maintain close communication with the Mainland, with a view to continuing to promote talent connectivity between the two places and inject greater development momentum into Hong Kong and the Greater Bay Area as a whole.