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Zhang Yong Appointed Deputy Director in Hong Kong

12/31/2025

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Story summary
  • Zhang Yong, formerly executive vice-president of Cosco Shipping Group, is appointed deputy director of the central government's liaison office in Hong Kong.
  • He replaces Qi Bin.
  • The Ministry of Human Resources and Social Security announced the appointment.
  • Beijing opposes CK Hutchison's plan to sell 80% of port assets to a Western group, citing Cosco's role as a key investor in CK Hutchison Holdings' port-stakes consortium for acquiring global port stakes.