
Hong Kong travel scheme for Guangdong drivers ‘delayed until December'
The 'Southbound Travel for Guangdong Vehicles' scheme, which has been the subject of discussion for several years, was originally expected to start at the end of 2024 or early this year.
But a source said on Monday that it would take another few months before the policy could be implemented.
Another source said mainland authorities were still finalising the scheme's quota and other arrangements.
In its initial stages, the scheme is expected to make available at least 1,000 automated car parking spaces on an artificial island under the city's jurisdiction that forms part of the Hong Kong-Zhuhai-Macau Bridge.
Guangdong visitors will only be allowed to 'park and fly' or 'park and visit the city' in the scheme's early phases.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


South China Morning Post
3 hours ago
- South China Morning Post
What's next after US-China tariff truce, and why is it ‘far from a walk in the park'?
With the tariff truce between China and the United States extended for another 90 days , and in the lead-up to a potential meeting of their presidents later this year, room for 'piecemeal agreements' exists for the two countries in terms of export controls and purchases of goods, according to analysts. But the odds of significant breakthroughs – at least in the short term – are unlikely, as negotiations between the superpowers will continue to be difficult and serve as a long-term test of trade resilience, they added. 'It is in neither party's interest to see tariffs re-escalate,' said Lynn Song, Greater China chief economist at Dutch bank ING. 'But at the same time, it is also difficult to envision a grand bargain to resolve issues once and for all. 'It's likely that we will continue to see these extensions and adjustments, moving forward.' Pushing Beijing to buy more US goods is one of Washington's priorities. Just ahead of the tariff truce deadline, US President Donald Trump urged China to quadruple its orders of American soybeans – a major US export to China. Trump said last week that he and President Xi Jinping could meet 'before the end of the year' if both sides can come to a trade deal.


South China Morning Post
4 hours ago
- South China Morning Post
China Evergrande to delist in Hong Kong, marking a watershed in country's property crisis
China Evergrande Group on Tuesday said that its Hong Kong shares will be removed on August 25 following the stock exchange's delisting decision, which the company does not intend to have reviewed. The world's most indebted property developer was informed by the local bourse on Friday that its listing would be cancelled for failing 'to fulfil any of the requirements' to resume trading, the company said in a filing. Evergrande's shares have been suspended from trading since January 29, 2024 – the same day a Hong Kong court ordered its liquidation after it failed to present a viable restructuring plan. Under the exchange's rules, a company that remains suspended for 18 consecutive months is subject to delisting. This would mark the end of Evergrande's 16-year trading status in Hong Kong, which spanned an era when the company was the poster child of China's property boom. The Guangzhou -based developer fell from its perch in 2021 after Beijing rolled out the so-called three red lines policy, which reined in overleveraged developers to cool down the mainland's housing market. The company, which amassed more than US$300 billion in liabilities at its peak, defaulted on its offshore bonds in late 2021, sparking global concerns about spreading the contagion from China's housing downturn.


South China Morning Post
5 hours ago
- South China Morning Post
90% of Hong Kong HR staff say family-friendly policies lacking, poll finds
About 90 per cent of human resources staff have said their organisations have not formulated policies or guidelines to help employees balance work and household burdens, Hong Kong's equality watchdog has found, as it called for enhanced efforts to create more family-friendly workplaces. The Equal Opportunities Commission on Tuesday urged employers to establish written policies and allow for more flexible arrangements under inclement weather, while also urging the government to introduce more types of family leave. It gave its suggestions as part of a survey of 400 human resources professionals and 1,000 family members of workers conducted between July and October last year. About 90 per cent in the former group said their organisations lacked guidelines or policies on family-friendly employment practices. 'In Hong Kong's current competitive environment, finding or retaining a good employee actually requires a lot of effort,' said Ferrick Chu Chung-man, the commission's executive director of operations. 'We urge employers to take some friendly measures to help them retain good talent.' According to the findings, 24 per cent to 45 per cent of human resources staff said they were unsure whether measures implemented by their employers were effective in supporting workers to look after family members, particularly those with mental health needs and children with special educational requirements, as well as the youngsters of single parents.