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Hong Kong Economy

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Hong Kong housing
Hong Kong property
Tourism
Parallel trading
Hong Kong stock exchange
Hong Kong land sale
Property investment
Hong Kong’s Tseung Kwan O. One area of concern for the think tank is the government’s housing policies for younger people. Photo: Sam Tsang
Hong Kong housing

New think tank launched to bridge talent gap in Hong Kong studies

Hong Kong Future Economy Institute’s director says focus on global topics at local universities has led to fewer people researching pressing local issues.

Hong Kong economy

Early flower blooms in warm weather add to sellers’ woes at festival fairs

Hong Kong tourism

Hong Kong visitor arrivals off to strong start in 2026, up 9.6% to 7.23 million

Hong Kong economy

From fireworks to racing, how Hong Kong is celebrating the Year of the Horse

Here is your guide to events beginning on February 17 ushering in the new year.

A performer dressed as the God of Wealth for Chinese New Year Raceday at Sha Tin Racecourse in 2024. Photo: Dickson Lee
A performer dressed as the God of Wealth for Chinese New Year Raceday at Sha Tin Racecourse in 2024. Photo: Dickson Lee
International Property

Year of the Horse kicks off with property mega-deals returning to Asia-Pacific

Large institutional capital is flowing back into Asia-Pacific property, with offices, retail and hotels leading early recovery signs.

Hong Kong economy

Flower sales in Hong Kong bloom as Valentine’s Day shoppers splash out on gifts

Some vendors at Mong Kok Flower Market say sales up 20 per cent as shoppers pack area.

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Hong Kong tourism

Savvy Hongkongers book 9-day Lunar New Year break for festive trips across Asia

Immigration Department earlier forecast number of trips by residents and visitors alike would reach 11.38 million between February 14 and 23.

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Travellers wait in long queues to check in at Hong Kong International Airport. Photo: Elson Li
Travellers wait in long queues to check in at Hong Kong International Airport. Photo: Elson Li
Hong Kong economy

Hong Kong’s West Kowloon arts hub secures HK$3 billion, 10-year loan facility

Deal, together with US$1 billion bond issuance in tranches, will help operator meet financing challenges until property project generates revenue.

Hong Kong property

Prince Jewellery director sells upscale Hong Kong flat, upgrades to duplex

Tang Yick-ki swaps his 1,019 sq ft flat in The Cullinan for a 1,593 sq ft duplex in The Waterfront.

Hong Kong economy

Hong Kong diners bid farewell to 80-year-old Honolulu Coffee Shop in Wan Chai

Dozens pack cha chaan teng known for its egg tarts and milk tea ahead of March 1 closure.

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Honolulu Coffee Shop in Wan Chai. Photo: Jonathan Wong
Hong Kong tourism

How Hongkongers are using a longer Lunar New Year break for travel

South Korea and Japan also popular as some residents make the most of break by taking two days of leave to enjoy nine consecutive days off.

Travellers at Hong Kong International Airport. Photo: Jelly Tse
Travellers at Hong Kong International Airport. Photo: Jelly Tse
Hong Kong economy

West Kowloon arts hub seeks US$1 billion in first bond sale to fund operations

Loss-making authority edges closer to bond offering to help sustain operations amid continuing deficits.

Hong Kong economy

John Lee vows ‘systematic framework’ to align Hong Kong with nation’s blueprint

In a social media post, chief executive says all officials must have ‘reform mindset’ to ensure Hong Kong’s five-year plan proceeds towards its goals.

Hong Kong economy

Bookings up but bottom lines flat for Hong Kong reunion dinners

Seafood chain says bookings for reunion dinners have risen 10 per cent but overall year-on-year earnings for Lunar New Year period could ‘just about balance out’.

London Restaurant in Mong Kok says overall earnings for the Lunar New Year period might drop by about 10 per cent this year. Photo: Sam Tsang
Banking & finance

Hong Kong banks’ profit growth slows amid rising bad debt, slim margins

Profit growth slows to 7.3 per cent from 8.4 per cent a year earlier as bad loans exceed two-decade average, HKMA says.

The headquarters of Standard Chartered Bank and HSBC are seen in Central on March 23, 2025. Photo: Eugene Lee
The headquarters of Standard Chartered Bank and HSBC are seen in Central on March 23, 2025. Photo: Eugene Lee
Hong Kong property

Hong Kong tycoon Joseph Lau’s kin sell Mid-Levels flat for US$12.8 million

Entity controlled by Lau’s eldest son Lau Ming-wai and former partner Yvonne Lui turns profit on deal amid firming prices in luxury segment.

Hong Kong economy

Hong Kong braces for 11.38 million trips during Lunar New Year travel rush

Projected figure marks 16 per cent increase from last year, according to Immigration Department.

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Hong Kong economy

Vendors upbeat despite rent rises as crowds flock to Lunar New Year fair

From flowers to fai chun, crowds return in force to Victoria Park on the fair’s opening day as the Year of the Horse approaches.

Hundreds of shoppers visited the opening day of the Lunar New Year fair at Victoria Park to check out this year’s offerings at 400 stalls. Photo: Sam Tsang
Hundreds of shoppers visited the opening day of the Lunar New Year fair at Victoria Park to check out this year’s offerings at 400 stalls. Photo: Sam Tsang
Hong Kong economy

Hollywood stars to headline Hong Kong’s first Comic Con

Mads Mikkelsen, Giancarlo Esposito and Christopher Lloyd lined up for Hong Kong Comic Con 2026 to be held from May 29 to 31.

Hong Kong tourism

‘Brilliant’ retail and dining revenue gives Hong Kong’s Ngong Ping 360 boost

Operator will introduce cable car night rides for the first time to headline its 20th anniversary celebrations.

Hong Kong property

Hong Kong land fetches US$230 million as Chinese developer outbids city rivals

China Overseas Land & Investment beats eight rivals to secure a 50-year lease for a 33,712 sq ft housing plot in Ngau Tau Kok.

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The residential site on Choi Ha Road, near Amoy Gardens, is expected to yield 470 residential units. Photo: Google Maps
Family offices

Hong Kong adds 681 family offices as wealthy shift focus from US: Deloitte

The auditing firm’s survey shows a 25 per cent increase in the city’s single-family offices over two years, with the affluent wary of US volatility.

There were an estimated 3,384 single-family offices in Hong Kong by the end of last year. Photo: Sam Tsang
There were an estimated 3,384 single-family offices in Hong Kong by the end of last year. Photo: Sam Tsang
Hong Kong politics

Ports row prompts Hong Kong investors to reassess stakes in Panama: John Lee

City leader also says Hong Kong government fully supports Beijing’s intention to safeguard rights of Chinese enterprises.

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Hong Kong economy

Hong Kong stepping up as global arbitration hub, deputy justice secretary says

Horace Cheung also confident of city’s investment prospects, while the Indonesian Law Policy Strategy Agency’s Andry Indrady cites Singapore’s strengths.

Banking & finance

Mainland China’s investors pour into Hong Kong-listed drug stocks

An index tracking Stock Connect buying of 40 mainland drug firms gains 9 per cent in a week as China’s industry heft grows.

An employee works on a drug production line at a pharmaceutical company in Meishan, China, on January 30, 2024. Photo: NurPhoto via Getty Images
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