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Kowloon Central 3D map launched

The Lands Department today launched the 3D Visualisation Map dataset of Kowloon Central and an online application platform Open3Dhk for the public to use free of charge.   To tie in with the development of a smart city, the department started the production of a citywide 3D Visualisation Map in 2021 for release in phases. The first 3D Visualisation Map covering Kowloon East was launched in December 2022.   The Kowloon Central 3D map released today comprises around 9,500 buildings and about 210 individual models of infrastructures, including flyovers, footbridges and subways. It can be downloaded through the Common Spatial Data Infrastructure portal.   Open3Dhk, an online platform transforming a variety of spatial data into user-friendly applications which can support diverse uses by the public, the academia and professionals was also launched today.   Through the interactive functions on the platform, users can view photorealistic 3D city models of Kowloon East and Kowloon Cent
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Southbound bond trading date set

The Monetary Authority and the People's Bank of China issued a joint announcement today that southbound trading under Bond Connect will be launched on September 24.   Monetary Authority Chief Executive Eddie Yue said at a press conference this afternoon that the initiative marks an important milestone in the two-way opening up of the Mainland financial markets, noting that it will promote the vibrant development of the Hong Kong bond market and further consolidate the city's status as an international financial centre.   “Southbound trading will enable Mainland financial institutions to increase their allocation to offshore bond assets through Hong Kong in a convenient and secure manner.   “At the same time, it will provide an incentive for international financial institutions to strengthen their presence in Hong Kong, in order for them to provide better underwriting, trading, custodian and related services to southbound investors.   “In the long run, the launch of southbound trading will attract more Mainland capital to invest in the Hong Kong bond market and broaden the local fixed income investor base.”   Mr Yue added that under the initiative, issuers will have a greater incentive to issue bonds in Hong Kong and that will further enrich the product offerings of the Hong Kong bond market.   Southbound trading under Bond Connect will provide Mainland institutional investors with a convenient and secure channel to invest in the Hong Kong bond market through the connection between the Mainland and Hong Kong financial infrastructure services institutions.
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