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Hong Kong Chief Executive John Lee Ka-chiu wrapped up a five-day visit to Kazakhstan and Uzbekistan, sealing 96 agreements and memorandums of understanding valued at over US$1.65 billion. The mission, which included the largest delegation of his administration, aimed to explore new markets and help mainland Chinese companies "go global" amid geopolitical uncertainties.

Coverage comparison

Reports from the South China Morning Post described the visit as a "successful" mission, citing the high number and value of deals signed. The agreements spanned sectors including finance, innovation and technology, trade, and media. Fifteen agreements were at the government level, while the remaining 81 were signed by businesses and other entities.

Coverage also highlighted the strategic importance of Central Asia, with the region positioned as a potential logistics hub connecting Asia and Europe. Cargo volume between Hong Kong and the region has surged, and the Airport Authority chairman noted that Central Asia could become "the next Middle East" as a terminal for trade.

Key claims

  • Chief Executive John Lee Ka-chiu led a 70-strong delegation to Kazakhstan and Uzbekistan, including over 40 local representatives and about 30 mainland entrepreneurs.
  • Hong Kong and Uzbekistan began talks on a reciprocal visa-free access agreement, which would allow stays of up to 30 days for visitors from both sides.
  • Lee met with senior officials, including Kazakhstan's President Kassym-Jomart Tokayev and Uzbekistan's Foreign Affairs Minister Bakhtiyor Saidov.
  • The delegation signed 96 cooperation agreements and memorandums of understanding, valued at over US$1.65 billion.
  • Hong Kong media organisations signed partnerships with a Kazakh state-owned conglomerate, including 13 MOUs with Kazakh sectors.
  • Two Hong Kong universities signed partnership agreements with Nazarbayev University in Kazakhstan to deepen academic collaboration.
  • Hong Kong's business community signed six agreements with Kazakhstan to support the development of Alatau City, a hi-tech and economic hub.
  • Central Asia can become a strategic logistics hub for Hong Kong, with cargo volume surging nearly fivefold year on year.
  • Hong Kong has the "most complete renminbi financial ecosystem" and is well placed to serve as a hub for Central Asian countries seeking to expand the currency's use.
  • Direct flights between Hong Kong and Almaty, Kazakhstan, are expected to relaunch in the first quarter of next year.
  • Travel agencies report growing Hongkonger interest in Central Asia as a holiday destination.