November 11 Morning Tea Hot Spot | North Circle Line Project Cost Totals 86.2 Billion

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24 minutes ago

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November 11, Year of Wu Xu, Day of Ji You, Lunar October 2

Good Morning, Hong Kong

Today is sunny and dry, a bit cool in the morning, with temperatures ranging from 18 to 25 degrees Celsius and relative humidity around 50 to 70%. A northerly to northeasterly wind at Force 4 is blowing. The Observatory reminds that there will be ample sunshine during the day but the humidity is low, which may cause dry skin and throat, so remember to drink more water; the temperature difference between morning and evening is seven degrees, so take a light jacket when going out for extra precaution.

Health Tips

The humidity has dropped to around 50% in the past two days, leading to dry throats, itchy skin, and cracked lips, which are all signs of autumn dryness; many people may even experience a dry cough. Instead of vigorously applying lip balm, it is better to hydrate from within: drink warm water several times during the day, do not gulp it all at once; have a bowl of lotus seed and lily bulb porridge or steam a pear for breakfast, which moistens the lungs without being too cooling; in the evening, make sure the shower water is not too hot, and while your skin is still slightly moist after washing, apply moisturizer to enhance its effectiveness.

Transportation Notice

During the morning rush hour, there is heavier traffic on Tuen Mun Road, Tolo Highway, and at the entrances to the Cross-Harbour Tunnel and Lion Rock Tunnel in Kowloon; due to the Legislative Council meeting, there are more people and vehicles around Central and Admiralty, particularly near Tamar Park and Lung Wo Road. Additionally, the Transport Department announced that there will be public parades in Causeway Bay on November 14 and 15, with special traffic and transport arrangements to be implemented during that time; on November 15, a half marathon will take place on the Hong Kong section of the Hong Kong-Zhuhai-Macao Bridge, and special arrangements will also be made in that area, so drivers are advised to plan their routes in advance.

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💰Chan Mo-po (Financial Secretary): AI Companies Inject New Vitality, 60% of New Stocks Expanding Overseas

Data from the Hong Kong Stock Exchange indicates that in the first ten months of this year, 121 new companies were listed in Hong Kong, raising HK$403.9 billion, an 84% increase compared to the same period in 2025, reaching a record high and ranking second globally. Chan Mo-po stated at a forum, “Companies in the AI value chain have become new vitality in the Hong Kong market.” He pointed out that about 60% of the newly listed companies have international operations, with some companies indicating in their prospectuses that they plan to use the funds raised from the new share issuance for overseas business expansion.

🤖Sun Dong (Secretary for Innovation, Technology and Industry): Promote AI Industrialization, Target 36-fold Increase in Computing Power

Sun Dong attended the "Hong Kong International Computer Conference 2026" and delivered a keynote speech on “Hong Kong in the Next Five Years: Competitive Advantages Unleashed by ‘AI+’”. He stated, “Artificial intelligence is reshaping the global economic landscape and social development, and Hong Kong must seize the historical opportunities brought by ‘AI+’.” The Hong Kong government will fully promote “AI industrialization and industrial AI” and make simultaneous advancements in infrastructure, applications, and safety. He revealed that the data park located at North District, Sha Ling is expected to enter service in phases by mid-2027, targeting to enhance Hong Kong's computing power to 180,000 PFLOPS after 2030, which is 36 times the existing computing power.

🚄Chan Mei-po (Secretary for Transport and Logistics): Northern Link Connects North Discovery Bay, Cost Reduced by 28%

The Chief Executive and the Executive Council have approved the financial arrangements for the second part of the Northern Link project, and the Transport and Logistics Bureau has signed a project agreement with MTR Corporation, allowing both the main line and the branch line to enter the construction phase comprehensively, with a target of simultaneous opening by 2034 or earlier. The total construction cost of the project is HK$86.2 billion. Chan Mei-po stated that the project has three major highlights: connecting North Discovery Bay, linking two lines, and connecting to the Bay Area, while the government and MTR have developed three major breakthrough measures to reduce construction costs by 28% compared to the original estimates.

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🏅Luo Shupei (Secretary for Culture, Sports and Tourism): He Chengqian Makes History, a Source of Pride for All Hong Kong Citizens

Swordsman He Chengqian won the gold medal in the Men's Foil Individual Event at the 4th Youth Olympic Games held in Dakar, Senegal. This is the first gold medal for the Hong Kong fencing team at the Youth Olympics and the second gold medal for the Hong Kong team in this edition. Luo Shupei congratulated him, stating that He Chengqian has achieved another victory, “with outstanding performances outshining his competitors to win gold, creating history for Hong Kong fencing youth athletes, and all Hong Kong citizens are proud of his achievement.”

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🌟Lam Kin Ngok (Chairman of the Tourism Board): The Winter Parade is Largest Ever, With Over 100 Offers

The Tourism Board's annual flagship event, “Hong Kong Vibrant Winter Parade,” will kick off on November 18. Chairman Lam Kin Ngok announced that on the same day, the 22-year-old “A Symphony of Lights” will stage its final performance, incorporating fireworks to "commemorate a meaningful moment." He stated, “This year’s ‘Hong Kong Vibrant Winter Parade’ will be the largest in history, with the most rich contents,” and the winter town will extend from Central to Causeway Bay and Tsim Sha Tsui, featuring different themed and light shows, along with industry partners offering over 100 winter discounts. He also revealed that the finale at the end of the year will be a countdown fireworks display on New Year's Eve, themed to celebrate the 30th anniversary of the establishment of the Hong Kong SAR.

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📑Legislative Council Agenda

The Legislative Council meeting will be held today at 11 a.m., with members raising 22 questions, including 6 oral inquiries covering construction project regulation, support for youth employment in the era of artificial intelligence, sustainable development of non-franchised buses, and optimizing the real-name registration system for smart phone cards.

The meeting will also address the second reading of the “Northern Metropolis Development Bill” to resume debate, review by the entire committee, and the third reading, proposed by the Secretary for Development; as well as the first and second readings of the “2026 Securities and Futures (Amendment) Bill” and “2026 Wildlife Protection (Amendment) Bill”.

🕯️【In Commemoration of Dr. Sun Yat-sen】 A ceremony to commemorate the 160th birthday of Dr. Sun Yat-sen will be held this Thursday at 10 a.m. at Dr. Sun Yat-sen Memorial Park, hosted by Chief Executive John Lee who will also deliver a speech. Attendees will include senior government officials, representatives from the Central People's Government in Hong Kong, members of the Executive Council, Legislative Council members, representatives from the National People's Congress in Hong Kong, Chinese People's Political Consultative Conference members, district councilors, representatives from various sectors, uniformed groups, and student representatives; the ceremony will include police band performances, singing of the national anthem by two secondary school choirs, laying of floral tributes, and a salute of respect from all attendees.

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📦【Strong Exports】 In China, last month's exports grew by 35.2% year-on-year, with imports rising to a nearly five-and-a-half-year high, outpacing market expectations and reflecting external demand and the resilience of the supply chain.

🏦【North Financing】 The Hong Kong Monetary Authority and the Hong Kong Association of Banks held the third meeting of the "Northern Metropolis Financial Advisory Group" to discuss financing arrangements for the Northern University Town. The Monetary Authority recommended amending the "Banking (Capital) Rules" to designate 11 post-secondary institutions and three park companies as local public units to lower the cost of bank funding, with plans to submit a revision bill to the Legislative Council in the first quarter of 2027.

🌿【Traditional Chinese Medicine Regulations】 The "Protection of Traditional Knowledge of Traditional Chinese Medicine Regulations" has been announced, providing a legal basis for the protection, inheritance, and utilization of traditional knowledge of traditional Chinese medicine.

🛍️【Cross-Border Online Shopping】 Reports indicate that over 25.4 million consumers have purchased Hong Kong goods cross-border in a year, reflecting the appeal of Hong Kong brands and products in the mainland and overseas markets.

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🔬【PolyU Awards】 The Hong Kong Polytechnic University has won two awards at the 2027 Consumer Electronics Show (CES 2027), further gaining international recognition for its research achievements.

🛰️【Low Earth Orbit Satellites】 The Long March 12 rocket successfully launched a total of 29 satellites for satellite internet in low earth orbit, achieving mission success and making further advances in the networking of low earth orbit constellations.

🚢【Snow Dragon】 The 43rd Chinese Antarctic Expedition team, onboard the "Snow Dragon," crossed the equator into the Southern Hemisphere, commencing a new phase of scientific exploration.

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🌍【Green Transformation】 UN climate experts point out that the green transformation of the Guangdong-Hong Kong-Macao Greater Bay Area in China has been significant and serves as a model in areas such as new energy, green finance, and low-carbon technology applications.

🎓【Lingnan University Collaboration】 Lingnan University has signed a memorandum of cooperation with the International University Alliance for Digital and Intelligent Education to promote international collaboration and talent cultivation in the field of digital education.

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✨Drone Light Show at Hung Hom New Waterfront

Date: November 13 and 14, 2026, 8 PM

Location: Hung Hom New Waterfront

Hosted by Bauhinia Magazine and presented by Shenzhen Damo Da Zhi Control Technology, 2,000 drones will gather and take off in the night sky over Victoria Harbour, themed "Shopping" and "Blessings," depicting Hong Kong's vibrant pulse as a "shopping paradise" and the splendid craftsmanship of jewelry and watches against the night sky, free for public viewing. The organizers remind that specific performance contents, take-off times, and session arrangements may be adjusted according to weather conditions and onsite control requirements.

🎄Hong Kong Vibrant Winter Parade

Date: November 18, 2026 to January 3, 2027

Location: Statue Square Garden in Central, Causeway Bay and Tsim Sha Tsui waterfront areas

The annual flagship event of the Tourism Board, this year’s scale is the largest ever: the winter town extends from Central to Causeway Bay and Tsim Sha Tsui, featuring different themed light shows, alongside over 100 winter discounts offered by industry partners. The year-end finale will be a countdown fireworks display on New Year's Eve, themed to celebrate the 30th anniversary of the establishment of the Hong Kong SAR.

🎆A Symphony of Lights

Date: November 18, 2026, 8 PM (Final Show)

Location: Both sides of Victoria Harbour

This laser show, which has a 22-year history, will have its final performance on November 18, incorporating fireworks that night, concluding this nightly performance that has accompanied Hong Kong for many years. Citizens can watch from the Tsim Sha Tsui waterfront, Central waterfront, and both sides of the harbour, with free admission.

🖼️Hong Kong Museum Festival 2026 by the Leisure and Cultural Services Department

Date: October 31 to November 30, 2026

Location: 17 museums and arts spaces under the Leisure and Cultural Services Department

This edition features “Hong Kong Stories” as the core theme, resonating with the permanent exhibition of the Hong Kong Museum of History. Throughout the month, over 60 exhibitions, heritage tours, restoration workshops, and intangible cultural heritage experience activities will be launched, most of which are free to the public.

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Speaking of “A Symphony of Lights”, many locals express some reluctance—this laser show that has been accompanying Hong Kong for 22 years will have its last performance on the 18th of this month, featuring fireworks that night. Some say it's time for something new, while others feel that the night sky over Victoria Harbour will be a bit dimmer without it. Have you ever watched it? What do you think the night views of Victoria Harbour should look like afterwards to remain attractive?

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