Core Viewpoint - The implementation of the "Yue Car Southbound" policy facilitates the entry of private vehicles from Guangdong into Hong Kong, enhancing convenience for residents traveling for various purposes and promoting integration between Guangdong and Hong Kong [1] Summary by Relevant Sections Policy Implementation - The first "Yue Car Southbound" vehicle customs registration was completed by the Zhuhai Customs at 16:30 on November 3 [1] - Starting from November 1, 9:00 AM, Guangdong private car owners can apply for parking spaces at Hong Kong Airport [1] - From November 15, midnight, approved car owners can drive through the Hong Kong-Zhuhai-Macao Bridge to access automated parking in Hong Kong [1] Customs Procedures - The customs registration process for vehicles under the "Yue Car Southbound" policy is integrated into the overall application process [1] - A unified platform is established by the Guangdong and Hong Kong governments to share and receive data submitted by car owners, streamlining the customs registration without requiring physical submission of materials [1] Benefits for Car Owners - The policy eliminates the need for vehicle inspections and electronic vehicle card binding, and there is no requirement to exchange for a Hong Kong driving license [1] - This simplification of declaration procedures enhances convenience for mainland residents traveling to Hong Kong for flights, business, family visits, or tourism, further promoting the integration and mutual development of Guangdong and Hong Kong [1]

Core Points - The "Yue Car Southbound" policy for Hong Kong has been announced, allowing vehicles from Guangdong to enter Hong Kong, starting with four cities: Guangzhou, Zhuhai, Jiangmen, and Zhongshan [1][2] - The initial implementation will allow 100 vehicle applications per working day, with plans to gradually increase this number based on the policy's effectiveness [1][2] - A lottery system will be used for vehicle owners to apply for entry, ensuring fairness due to the high number of eligible vehicles [1][2] Summary by Sections - **Policy Announcement**: The Guangdong Provincial Public Security Department and the Transportation Department have released the "Yue Car Southbound" policy, which includes regulations for parking at Hong Kong ports and entry into Hong Kong's urban areas [1] - **Implementation Timeline**: Starting from November 1, 2023, vehicle owners can register for a lottery for the first batch of 1,700 entry slots available in December, with the draw taking place on November 23 [2] - **Impact on Cross-Border Travel**: The policy aims to facilitate easier travel for residents of mainland China to Hong Kong for various purposes, including business, employment, family visits, and tourism [2]

申请方面，现时"港车北上"要求绑定司机，每名申请人士可就其私家车指定不多于两名司机，其中一名 司机是申请人，驾驶往来香港和广东省。当局与广东商讨"粤车南下"的申请细节时，亦会涵盖类似的安 排，而粤港相关的交通和执法部门亦会继续商讨，确保因应此安排便利日后执法，以及作妥善操作的安 排。 陈美宝又指，"粤车南下"的各项准备工作已经进入最后阶段，待与粤方进一步确定细节后，争取于今年 11月实施。就车辆停泊在机场口岸停车场及入境这两部分，争取在11月内接受申请。当局亦预期机场口 岸停车场可在11月内开始接受预订及启用。至于粤车入境市区，则希望在今年年底内可有有相关车辆访 港。 香港亦会透过不同渠道发放"粤车南下"的旅游泊车指南，引导旅客至全香港各区的文化、体育、旅游、 展覧与购物消费的地方，介绍附近具备泊车位的地点。他们亦鼓励旅客来港后，可泊车转乘四通八达、 极具香港特色且近日广受旅客欢迎的公共交通工具。指南内的建议行程会按经验和景点的转变而陆续增 加，包括文化、旅游、展览的景点，或如何透过停车场或酒店设施附近能在泊车后转乘其他公共交通工 具的方法，尽量善用现有的高效公共交通系统，带出一些新的旅游体验，当然最重要的是 ...

文件指出，"粤车南下"入境市区部分将以小规模形式推行，初期每日提供100个预约名额，每辆粤车最多 可留港3天。 但指定司机须携同有效的香港正式驾驶执照，才可在香港驾驶。而根据现行安排，内地居民除可直接赴港 考取香港驾驶执照外，也可凭其内地的正式驾驶执照通过"免试签发"机制向运输署申请香港正式驾驶执 照。 特区政府将根据实际推行情况、用户及市民适应程度以及配套设施使用状况，日后与广东省政府持续检视 和商讨，有序增加名额。 而不入境香港的来自广东的获批车辆(下称"粤车")则可停泊在"口岸停车场"。其中"转机停车场"会先启用， 提供约1800个泊位，及24小时自动化停车、送机及接机服务。特区政府会豁免相关车辆的牌证和验车相关 安排，香港机场管理局也将推出一站式预约平台，以便旅客"先到先得"预约泊位，预缴停车费及购买保 险。 口岸停车场和大屿山邻近口岸位置会增设同时有国标和欧标的快速充电设施，也会在各区设置符合国标的 中速充电设备。特区政府正联同相关部门和机构在香港各区不同地点安排中速充电设备并配以符合国标的 充电适配器。 10月14日，香港特区政府运输及物流局向香港立法会提交文件，介绍"粤车南下"计划的实施安排。 ...

香港旅游促进会总干事崔定邦亦认为，可通过泊车指南，带动旅客到不同地区深度游及消费。他相 信，"粤车南下"的自由行旅客消费力较高，业界会与酒店合作，包括通过准备好车辆充电配套，提供特 设旅游产品，吸引他们留港。崔定邦说，如果首阶段运作畅顺，希望在下一阶段，可让入境市区的"粤 车"由停留三日增至五日，以便旅客计划行程。 香港政府计划最快11月实施"粤车南下"，初期可进入香港市区的"粤车"名额每日100个，每辆"粤车"留 港最多三日。香港立法会交通事务委员会10月17日将讨论有关安排，委员会主席陈绍雄预期，"粤车南 下"需求殷切，考虑到香港的道路网络容量，初期直接入境市区配额每日100个属合适，如果运作畅顺， 相信可逐步增加配额。他又说，港铁等停车场已做好充电配套准备。 香港政府预期"粤车南下"将会带来高消费的自驾家庭旅客，会制订"旅游泊车指南"予"粤车南下"申请者 参考。团结香港基金会副总裁叶文褀认为，香港政府应联同业界制定旅游泊车指南，针对高消费景点提 供专属泊车及消费优惠，吸引高消费自驾游客，进一步刺激旅游经济。 ...

Core Viewpoint - The "Yue Car Southbound" initiative, allowing private vehicles from Guangdong to travel to Hong Kong, is set to launch in November 2023, enhancing cross-border travel convenience [2][30]. Group 1: Implementation Details - The first phase of "Yue Car Southbound" will begin in November, with a daily quota of 100 vehicles allowed to enter Hong Kong via the Hong Kong-Zhuhai-Macao Bridge [12][13]. - Vehicles will park at a newly constructed five-story automated transfer parking facility near the Hong Kong-Zhuhai-Macao Bridge, from where passengers can take shuttle buses to the airport without going through immigration [4][6]. - The parking facility will initially accommodate approximately 1,800 vehicles, processing around 500 vehicles daily, with each vehicle expected to stay for 3 to 4 days [6]. Group 2: Future Developments - A new area called "SKYTOPIA" is under construction near the airport, which will integrate commercial activities, cultural events, and entertainment, expected to open in early 2024 [9][8]. - The long-term vision includes achieving seamless cross-border mobility within the Greater Bay Area [16]. Group 3: Regulatory and Compliance Aspects - Vehicles must comply with Hong Kong's licensing and insurance requirements, including obtaining a Hong Kong vehicle permit and a local driving license [17][18]. - Differences in road rules and driving practices between Guangdong and Hong Kong will require time for adaptation, as Hong Kong drives on the left side of the road [19][23]. Group 4: Economic Considerations - The cost of crossing the Hong Kong-Zhuhai-Macao Bridge is approximately 150 HKD, with total travel costs potentially reaching around 700 HKD when factoring in parking and insurance [27]. - The average monthly rental for parking spaces in Hong Kong ranges from 2,000 to 7,000 HKD, indicating high parking costs that may affect travelers [25].

Core Insights - The retail sector in Hong Kong experienced a year-on-year increase of 2.4% in total sales value in May 2025, marking the first rebound in 14 months [3] - The "Yue Che Nan Xia" (Guangdong vehicles coming to Hong Kong) initiative is expected to attract new tourist groups from mainland China, providing fresh opportunities for various industries in Hong Kong [2][3] - The successful implementation of "Port Vehicle Northbound" has laid a foundation for the upcoming "Yue Che Nan Xia" policy, which aims to enhance cross-border travel and commerce [2][3] Retail Sector Performance - The total sales value of Hong Kong's retail industry reached HKD 31 billion in May 2025, reflecting a 2.4% increase year-on-year, indicating a potential recovery from previous downturns [3] - UBS and Morgan Stanley predict continued growth in retail sales for June 2025, suggesting a positive trend for the sector [3] - The local industry is optimistic about the "Yue Che Nan Xia" initiative, with many businesses proposing tailored tourism experiences to attract visitors [3] Tourism and Visitor Statistics - In May 2023, Hong Kong welcomed approximately 4.08 million visitors, a 20% increase compared to the same month last year, contributing to a total of over 20 million visitors in the first five months of the year [4][5] - The number of mainland visitors has been bolstered by the expansion of the "Individual Visit" program and the restoration of the "One Permit Multiple Entries" policy for Shenzhen residents [5] - The government is actively promoting new travel routes and increasing flight services to attract more visitors from mainland China [5] Economic Impact of Events - The "Event Economy" has become a significant driver for the recovery of Hong Kong's retail sector, with over 90 large-scale events held in the first half of the year, attracting around 840,000 visitors and generating HKD 3.3 billion in consumption [6] - The government is confident that upcoming cultural and sports events will further boost visitor numbers and economic activity in the latter half of the year [6] Future Outlook - The "Yue Che Nan Xia" initiative is anticipated to inject additional momentum into the recovery of Hong Kong's retail sector [7]

Core Viewpoint - The Hong Kong insurance industry is prepared for the implementation of the "Yue Che Nan Xia" policy, which allows vehicles from Guangdong to enter Hong Kong, with specific insurance products and premiums being designed for this initiative [1] Group 1: Insurance Arrangements - The Hong Kong government aims to implement the "Yue Che Nan Xia" policy by November this year, allowing an initial quota of 100 vehicles per day to enter Hong Kong [1] - All vehicles using border parking lots and entering urban areas must purchase third-party liability insurance [1] - Hong Kong insurance companies are ready to provide the necessary insurance arrangements, with initial applicants able to purchase policies through company websites [1] Group 2: Product Design and Premiums - The Hong Kong Insurance Industry Association plans to create a dedicated online section for "Yue Che Nan Xia" insurance products [1] - Due to current regulations, Hong Kong insurance companies cannot promote or market products in mainland China, but there is hope for future regulatory adjustments to facilitate insurance applications for Guangdong vehicles [1] - The insurance industry anticipates that vehicles will not stay in Hong Kong for long, leading to the design of short-term insurance policies with adjusted premiums [1]

Core Points - The "Yue Car Southbound" plan is set to officially launch in November 2023 after reaching a consensus with Guangdong Province [1][3] - The plan includes an automated parking facility at the Hong Kong-Zhuhai-Macao Bridge with 1,800 parking spaces, aimed at facilitating mainland residents to drive to Hong Kong [3] - The initial phase will allow a daily quota of 100 vehicles to enter Hong Kong's urban area, with a focus on a controlled and gradual implementation [3][4] Group 1 - The "Yue Car Southbound" plan aims to enhance the connectivity between Guangdong and Hong Kong, promoting mutual visits for residents [4] - The "Hong Kong Car Northbound" plan, implemented in July 2023, has seen over 100,000 vehicles participating, indicating strong public interest [4] - The traffic volume on the Hong Kong-Zhuhai-Macao Bridge has significantly increased, with a 170% rise in vehicle flow since the "Hong Kong Car Northbound" plan was introduced [4]

Group 1 - The "Yue Car Southbound" plan is expected to officially launch in November, with an initial daily quota of 100 vehicles allowed to enter Hong Kong [1][3] - The plan aims to facilitate cross-border travel and consumption, with hopes to increase the quota after smooth operations [1] - Vehicles entering Hong Kong will undergo inspections and will have specific stay durations, encouraging owners to spend and stay in Hong Kong [1] Group 2 - The "Yue Car Southbound" and "Hong Kong Car Northbound" initiatives are reciprocal arrangements, with the former starting to utilize parking facilities at the airport [2] - Drivers must hold valid local driving licenses and comply with Hong Kong laws, including handling traffic accidents under local jurisdiction [2] - Since the implementation of "Hong Kong Car Northbound" on July 1, 2023, the number of Hong Kong private cars entering Guangdong has exceeded 100,000, indicating a positive response from the public [2]