Business Daily Media

The Times


.

Hong Kong forges new opportunities with Kazakhstan and Central Asia

HONG KONG SAR - Media OutReach Newswire - 3 June 2026 - A large delegation, led by John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), is visiting Kazakhstan and Uzbekistan (June 1-6) to forge closer ties with Central Asia.



Comprising over 70 business and professional representatives from Hong Kong and the Chinese Mainland, the delegation has already yielded significant results at its first stop in Kazakhstan.

Speaking at a business luncheon in Astana yesterday (June 2), Mr Lee highlighted that 43 memoranda of understanding (MOU) and agreements have been concluded by the visiting delegation with companies and organisations from Kazakhstan, with more agreements to come.

"They span aviation, finance and trade, innovation and technology, the digital economy, green development, and more," Mr Lee said, adding that a Hong Kong airline plans to launch direct flights to Almaty in the first quarter of 2027.

"I believe that Kazakhstan can serve as a hub for Hong Kong to connect with the Central Asian market. In turn, Hong Kong can be Central Asia's hub in the east and southeast Asian region," Mr Lee said.

"By strengthening co-operation between our two hubs, we can construct a hub-to-hub co-operation model."

On his first day of visit in Astana (June 1), Mr Lee met with top government officials including the President of Kazakhstan, Kassym-Jomart Tokayev, Prime Minister Olzhas Bektenov, and Deputy Prime Minister and Minister of National Economy Serik Zhumangarin.

Hong Kong SAR
Hong Kong SAR's Chief Executive John Lee (left) meets with the President of Kazakhstan Kassym-Jomart Tokayev to exchange views on deepening bilateral relations.

Mr Lee noted that Kazakhstan has been actively promoting reforms on various fronts to bring about rapid economic growth.

"As one of the world's three major financial centres, and the world's largest cross-boundary wealth management centre and offshore Renminbi business hub, Hong Kong can provide diversified and flexible support including capital and asset allocation for Kazakhstan's economic reforms and infrastructure development," Mr Lee said.

The Chief Executive also encouraged companies in Kazakhstan to leverage Hong Kong's advantages under the "one country, two systems" principle.

"Under this unique principle, Hong Kong has its own economic, social, legal, legislative and judicial systems. We are the only common law jurisdiction in China. We have our own currency, with no capital or foreign exchange controls. We are, as well, a separate customs territory," Mr Lee said.

"The 'one country, two systems' principle ensures Hong Kong's unparalleled access to the markets of the Chinese Mainland. Capitalising on our global connectivity and world-class professional services, Hong Kong is your ideal, two-way springboard for business expansion."

Mr Lee also visited the Astana International Financial Centre and the Astana Hub, a local technology and innovation park, to respectively learn about Kazakhstan's experience in promoting the development of the non-bank financial sector and the latest developments of the country in the field of AI.

Hong Kong SAR
Hong Kong SAR's Chief Executive John Lee (centre) witnesses the exchange of memoranda of understanding and co-operation agreements between organisations from both sides with the Governor of the Astana International Financial Centre Renat Bekturov (second right).

Before leaving Kazakhstan today (June 3), Mr Lee visited Nazarbayev University, underscoring the historic significance of the trip.

image-1.jpeg

"It was here, at Astana's Nazarbayev University in 2013, that President Xi Jinping first raised the visionary initiative of jointly building the Silk Road Economic Belt - today's Belt and Road Initiative (BRI)," Mr Lee said.

Last year, at the 10th Belt and Road Summit in Hong Kong, the university signed a MOU with the Hong Kong University of Science and Technology, demonstrating a shared commitment to advancing higher education co-operation under the BRI. It further reached MOUs with Hong Kong's Education University and Polytechnic University today.

"These agreements will deepen academic and research collaboration.

"Hong Kong is the only city in the world with five of the top 100 universities. This talent environment is reinforced by our global standing: last year, Hong Kong ranked first in Asia, and fourth globally, in the World Talent Ranking," he added.

Mr Lee will continue to lead the delegation to Uzbekistan for the second leg of the mission to Central Asia.



Hashtag: #hongkong #brandhongkong #asiasworldcity #opportunitieswithCentralAsia






The issuer is solely responsible for the content of this announcement.

News from Asia

NCB introduces Seamless Cross-Border QR Payments for international travellers in Vietnam

HANOI, VIETNAM - Media OutReach Newswire - 15 July 2026 - Open visa policies, a wealth of cultural and natural attractions, acclaimed cuisine, warm local hospitality, and increasingly convenient p...

SBI Global Asset Management and DigiFT Launch JX, Bringing a Japanese Asset Manager’s Equity Strategy On-Chain for the First Time

SINGAPORE - Media OutReach Newswire - 15 July 2026 - DigiFT, a regulated digital asset exchange for institutional-grade real-world assets ("RWAs"), and SBI Global Asset Management Co., Ltd. ("SBI ...

Smilegate LORDNINE Launches Pre-Registration for New Growth-Accelerated Server 'Helena' in Celebration of 1st Anniversary… 32,000 USDt Reward Event Underway

Pre-registration for new server Helena opens July 14... Official launch on July 29 Sweeping new server growth-support systems, including 50% additional EXP via Mastery Buff ...

A SIM Guide to Comparing Graduate Salaries and Employability in Singapore

SINGAPORE - Media OutReach Newswire - 15 July 2026 - As students and parents in Singapore evaluate higher education pathways, employability, starting salary and return on investment are increasing...

Hong Kong SMEs Accelerate Transformation as AI and Northern Metropolis Unlock New Opportunities, Dah Sing Bank Survey

Capability and Resource Gaps Limit Growth Potential As Firms Explore the New EconomyHONG KONG SAR - Media OutReach Newswire - 15 July 2026 - Dah Sing Bank, Limited ("Dah Sing Bank") revealed in it...

Xsolla and Management and Science University (MSU) Sign Memorandum of Understanding (MOU) to Connect Future Game Developers With Global Commercial Opportunities

Collaboration Provides Students Access To Xsolla’s Publishing Suite And Launcher, Bridging Academic Learning With Commercial Game Development PracticesKUALA LUMPUR, MALAYSIA - Media OutReach Newsw...

Louis Vuitton Celebrates 130 Years of the Monogram

TAIPEI, TAIWAN - Media OutReach Newswire - 15 July 2026 - In 2026, Louis Vuitton commemorates the 130th anniversary of its most enduring emblem: the Monogram, born in 1896. To mark this extraordin...

Fitch Ratings assigns first-time credit rating to HDBank, recognises its strong financial profile

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 15 July 2026 - Fitch Ratings has assigned its first-ever credit ratings to Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDB...

Cushman & Wakefield Study: AI to Drive Stronger Growth and Higher Real Estate Demand Across Asia Pacific

Scenario-based analysis shows AI will expand demand across office, industrial and retailHONG KONG SAR - Media OutReach Newswire - 15 July 2026 - Artificial intelligence (AI) is set to fuel economi...

Arup partners YJK to launch AI Designer in Hong Kong to advance AI-enabled structural engineering

Strategic partnership integrates design optimisation and artificial intelligence to improve engineering efficiency, project outcomes and decarbonisation HONG KONG SAR - Media OutReach Newswire - 1...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...