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Hong Kong Economy

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Hong Kong housing
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EU budget commissioner Piotr Serafin at the EU’s Hong Kong office in Central. Photo: Edmond So
Hong Kong economy

Exclusive | EU budget chief pushes collaboration, bonds on Hong Kong leg of Asia tour

Piotr Serafin says EU remains open to capital from city and mainland China despite pursuing a ‘de-risking strategy’ in certain key sectors.

Hong Kong society

Exclusive | Jockey Club to channel HK$1 billion basketball betting investment into football

Hong Kong economy

Reel deals: Hong Kong to celebrate Cinema Day on April 25 with HK$30 tickets

Hong Kong economy

Mega-events drive 14% year-on-year rise in Hong Kong tourist arrivals in March

City welcomed 4.35 million visitors in March, but Tourism Board warns that war in the Middle East could bring volatility to the travel market.

Crowds of visitors at Art Basel Hong Kong in late March. Photo: Dickson Lee
Crowds of visitors at Art Basel Hong Kong in late March. Photo: Dickson Lee
Hong Kong economy

Paul Chan backs Hong Kong to be world’s No 2 financial hub within 15 years

Finance chief says city’s strengths are its stable environment and strong growth.

Hong Kong tourism

Hong Kong Sevens attendance to be unaffected by war in Middle East: organiser

Hong Kong China Rugby executive says flagship sports tournament continues to draw strong international interest.

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Hong Kong economy

Hong Kong insurance complaints body records 857 cases last year, up 33% from 2024

Most disputes were medical and travel cases, according to Insurance Claims Complaints Panel.

Last year’s 857 new complaint cases mark an increase of about 33 per cent from the 646 recorded in 2024. Photo: Getty Images
Last year’s 857 new complaint cases mark an increase of about 33 per cent from the 646 recorded in 2024. Photo: Getty Images
Hong Kong transport

Hong Kong tram operator launches real-time app, pledges no fare rise this year

‘We hope to enable passengers of all ages and backgrounds to easily access tram information,’ Hong Kong Tramways’ managing director says.

Hong Kong economy

Hong Kong taxpayers face HK$28 billion Covid bad-loan burden from SMEs

Of 67,189 applications approved under government’s Special 100% Loan Guarantee Scheme, 13,231 had defaulted by end of February.

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Hong Kong society

Maisy Ho remembered as dedicated philanthropist and community servant

Hong Kong Secretary for Health Lo Chung-mau praises her ‘profound dedication to community service’ and for caring for underprivileged.

Maisy Ho (right) and her sister, Pansy Ho, attend a ceremony at Government House in 2016, where Maisy received the Bronze Bauhinia Star. Photo: Edward Wong
Hong Kong economy

Middle East war tests Hong Kong aviation hub status as rivals feel the heat

Flight cuts due to rising fuel prices could affect transit traffic in short run, but impact will depend on duration of conflict, experts say.

Cathay Pacific and HK Express will cut some flights starting next month. Photo: May Tse
Cathay Pacific and HK Express will cut some flights starting next month. Photo: May Tse
Hong Kong economy

Hong Kong bets on 36-fold surge in computing power to win global AI hub race

Chief Executive John Lee underlines city’s infrastructure road map as key driver of bid to boost computing power and AI development.

Hong Kong property

Hong Kong safe haven appeal seen rising as Middle East turmoil clouds outlook

A slowdown in Hong Kong office leasing reflects caution among multinationals, yet analysts see upside as investors seek stability.

Hong Kong economy

From toilet paper to travel: why inflation could soon hit Hongkongers hard

Continuing uncertainty because of the Middle East war-linked oil shock will intensify inflationary pressures, analysts warn.

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Customers buy food at a shop in Sham Shui Po. Photo: May Tse
Hong Kong economy

Hong Kong, mainland China sign ‘milestone’ MOU on promoting digital economy

Memorandum of understanding covers topics including AI promotion, cross-boundary data flow and blockchain.

Cyberspace Administration of China director Zhuang Rongwen (left) with Hong Kong leader John Lee. Photo: ISD
Cyberspace Administration of China director Zhuang Rongwen (left) with Hong Kong leader John Lee. Photo: ISD
Hong Kong economy

Progress hailed as Hong Kong, Shanghai link digital authentication systems

Push for digital integration has already yielded practical results, Hong Kong official says.

Hong Kong economy

Hong Kong balancing security and innovation as nation’s ‘firewall’: Paul Chan

Finance chief says security is key to China’s high-quality growth as geopolitical tensions create risks to energy supplies and financial markets.

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Banking & finance

Calls grow for HKMA to go further on stablecoins after conservative first batch

Analysts and investors say the HKMA’s cautious approach prioritises risk control, but limits Hong Kong’s digital asset ambitions.

Analysts say the HKMA has prioritised risk management , even as it seeks to promote financial innovation through stablecoins. Photo: Jonathan Wong
Analysts say the HKMA has prioritised risk management , even as it seeks to promote financial innovation through stablecoins. Photo: Jonathan Wong
Hong Kong stock market

Can Hong Kong’s listing reform 2.0 win over innovative firms?

The reforms enhance the city’s appeal for AI, biotech and other firms by slashing the market cap threshold and enabling confidential filings.

Hong Kong economy

Hong Kong will pay diesel subsidies directly to oil firms, look out for abuse

Government will know if oil firms try to take advantage of HK$3 subsidy scheme by increasing prices, official warns.

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Hong Kong economy

Is oil crisis just the start of economic pain for Hongkongers?

With diesel and petrol prices in city highest in the world, analysts warn that consumers will inevitably feel the impact in their wallets.

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Illustration: Henry Wong
Hong Kong economy

Hong Kong seeks to raise bond issuance ceiling to HK$900 billion

Government proposes to raise borrowing ceiling from HK$700 billion to HK$900 billion to fund infrastructure development.

Development of the Northern Metropolis near the border with mainland China is a key scheme. Photo: Dickson Lee
Development of the Northern Metropolis near the border with mainland China is a key scheme. Photo: Dickson Lee
Hong Kong economy

Ex-Hong Kong leader’s Chinese medicine platform to link mainland and global markets

Leung Chun-ying launches Hong Kong-based trading platform to boost transparency, efficiency and global reach of branch of medical practice.

Hong Kong society

Japanese band One OK Rock cancels Hong Kong concerts in May

Axing of shows on May 2 and 3 due to ‘unforeseen circumstances’ follows cancellation of May 9 concert in Shanghai.

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Hong Kong economy

Diesel subsidies, cheaper tolls to help transport sector as fuel costs soar

Short-term relief measures include diesel subsidies of HK$3 per litre, half-price tunnel tolls for non-private vehicles.

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Transport firms say rising fuel costs are making it difficult to operate. Photo: Jelly Tse
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