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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
Wu Handeng (left) and Jiang Li are camping on the beach. Photo: Edmond So
Hong Kong tourism

Few signs of littering as Hong Kong campsites fill up for Lunar New Year break

Following previous complaints, government has vowed to take a more proactive approach to tackle littering at sites this year.

Hong Kong property

Kerry Properties secures Hong Kong’s latest residential plot for US$177 million

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Hong Kong economy

Hongkongers make 1.4 million outbound trips ahead of Lunar New Year

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’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’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 economy

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

Temperatures aside, vendors say competition from rivals over border and poor economy have dampened consumer spending.

Hong Kong tourism

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

Financial Secretary Paul Chan says 1.43 million mainland Chinese visitors expected during Lunar New Year holiday, up 6 per cent from last year.

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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.

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
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.

Construction at the West Kowloon Cultural District. Photo: Jelly Tse
Construction at the West Kowloon Cultural District. Photo: Jelly Tse
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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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
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.

The authority that manages Hong Kong’s West Kowloon arts hub is preparing to offer bonds for the first time. Photo: Sam Tsang
The authority that manages Hong Kong’s West Kowloon arts hub is preparing to offer bonds for the first time. Photo: Sam Tsang
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’.

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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.

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
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.

Cosplayers at the Tokyo Comic Con 2025, which was held in December. Photo: EPA
Cosplayers at the Tokyo Comic Con 2025, which was held in December. Photo: EPA
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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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
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