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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
Located on the southern tip of Po Toi, the restaurant was once popular with people sailing boats that anchored in Tai Wan bay. Photo: SCMP
Hong Kong economy

Sole eatery on Hong Kong’s southernmost island may shut after 50 years in business

Owner of Ming Kee Seafood Restaurant on Po Toi Island says he is hoping someone will take over his business but customers have dwindled.

Hong Kong economy

Cinema Day attracted 201,000 film-goers. How does it stack up against last year?

Hong Kong property

Frenzy for Hong Kong luxury homes seen continuing after 156% sales rise

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Hong Kong economy

IPO market ‘raises HK$140 billion’ as Hong Kong renews gold trading push

Financial Secretary Paul Chan says city remains top IPO hub, citing strong demand among ‘high-quality’ companies and robust market momentum.

Financial Secretary Paul Chan says Hong Kong has topped IPO rankings, highlighting a robust turnover and rising interest from global firms. Photo: Handout
Financial Secretary Paul Chan says Hong Kong has topped IPO rankings, highlighting a robust turnover and rising interest from global firms. Photo: Handout
Hong Kong property

Hong Kong developers clear stock amid strong demand and shrinking supply

Nearly 300 flats released as strong demand meets falling supply, with completions set to decline over the next two years.

Hong Kong economy

Exclusive | Hong Kong Aberdeen marina project attracting local and overseas interest

Experts call for better infrastructure and clearer tourism positioning as leading local yacht club and Singaporean operator say they hope for key role.

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Cathay Pacific

Cathay raises HK$2 billion after tapping public bond market

Company says bond issuance is biggest of its kind by locally based, non-public sector company.

The three-year bonds, which carry a fixed interest rate of 3.78 per cent, were sold mainly to professional investors such as asset managers, banks and private banks. Photo: dpa
The three-year bonds, which carry a fixed interest rate of 3.78 per cent, were sold mainly to professional investors such as asset managers, banks and private banks. Photo: dpa
Hong Kong economy

Over 50 Central restaurants, shops join drive to boost spending, lure tourists

Merchants taking part in scheme promoting hidden delicacies and goods will offer discounts to residents and tourists.

Hong Kong economy

HK Electric to cut May fuel charges but warns of sharp future increase

Fuel charge to fall for second month as lower earlier costs feed through, but Middle East conflict likely to push up prices later this year.

Hong Kong economy

Henderson’s winning bid to run harbour event space could boost Central’s access

Experts also say successful bid to run Central Harbourfront Event Space could result in more visitors from surrounding commercial properties.

Henderson Land is part of a joint venture that won the bid to run the Central Harbourfront Event Space. Photo: Sam Tsang
Hong Kong economy

Hongkongers find value, space and style in Shenzhen’s new cultural hotspots

Short cross‑border getaways emerging as the ‘quick escape’ of choice, with the newly opened Shenzhen Bay Culture Square adding to appeal.

Illustration: Henry Wong
Illustration: Henry Wong
Hong Kong economy

Blooming good: Monet, maestros shine as garden art bridges East and West

Show features exhibits from Art Institute of Chicago, Beijing’s Palace Museum, Palace of Versailles and Hong Kong Museum of Art.

Hong Kong economy

Hong Kong airport’s revenue ‘expected to grow by up to 10%’ despite Mideast war

Airport Authority CEO Vivian Cheung also says she aims to turn facility into alternative aviation hub to Middle East.

Hong Kong economy

Henderson Land joint venture to operate Central Harbourfront Event Space

Joint venture between property developer and YW Company beat five other bidders for prime site that hosts events such as Clockenflap and Wine and Dine Festival.

Hong Kong’s annual Wine & Dine Festival is held at the Central Harbourfront event space. Photo: Nora Tam
Hong Kong economy

Hong Kong jobless rate dips for second successive period

Unemployment rate was 3.7 per cent for January to March, down by 0.1 percentage point from 3.8 per cent for the preceding three-month period.

A construction worker eats his lunch in Wan Chai. Photo: Sam Tsang
A construction worker eats his lunch in Wan Chai. Photo: Sam Tsang
Hong Kong economy

Exclusive | Travel scheme could allow Hong Kong, Macau yachts to sail to 6 bay area ports

Guangdong provincial government document also shows several routes recommended for leisure, such as Pearl River Delta, Castle Peak Bay.

Hong Kong economy

Hongkongers flock to theatres to snap up HK$30 Cinema Day tickets in advance

Customers queue up from as early as 10.30am at Star Cinema in Tseung Kwan O to buy discounted tickets for films screening this Saturday.

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Hong Kong economy

MTR Corp’s HK$18.8 billion green bond sale sets local currency record

Retail investors can buy bonds through platforms or institutional investors such as Mandatory Provident Fund schemes, private banks or funds.

A man walks past the MTR logo outside the IFC building in Central. Photo: Edmond So
A man walks past the MTR logo outside the IFC building in Central. Photo: Edmond So
Crime in Hong Kong

Hong Kong aiming to curb illicit fuel trade with tougher penalties: source

Buyers could face HK$1 million fine and one year in prison, while sellers risk up to HK$3 million fine and three years in jail under proposal.

Hong Kong economy

First AI driverless trucks deployed to tackle Hong Kong port labour shortage

Six autonomous trucks used to improve efficiency at Kwai Tsing Terminal, handling more than 8,000 container movements since January.

Hong Kong society

Fujii Kaze pulls plug on Hong Kong show as Japanese acts shun city

Hong Kong was originally listed as one of the stops in the singer-songwriter’s ‘Prema World Tour’.

Fujii Kaze has cancelled the Hong Kong leg of his coming world tour. Photo: Handout
Hong Kong property

Hong Kong property investment soars on lower funding costs, rising demand

Hong Kong’s commercial property market draws US$1.6 billion in the first quarter, driven by office, retail and hotel demand amid lower Hibor rates.

Viva Place in Wong Chuk Hang. Photo: Google Maps
Viva Place in Wong Chuk Hang. Photo: Google Maps
Hong Kong economy

Hong Kong-Macau ferry fares to increase by up to 11% amid fuel costs surge

High fuel prices hit transport sector as TurboJet and Cotai Water Jet raise fares, while union says bus drivers face income losses amid service cuts.

Hong Kong economy

Which global firms are being attracted by Hong Kong’s strategic enterprise scheme?

The South China Morning Post examines 22 firms opening or expanding in the city, with HK$73 billion in investment and 25,000 jobs expected.

Hong Kong economy

Hong Kong retailers leverage scale, sourcing to offset war-driven cost pressures

Operator of Wellcome, Mannings, 7-Eleven and Ikea tackles crisis with key initiatives but Sa Sa warns of pressure on beauty items derived from petroleum.

People shop at a supermarket in Causeway Bay. Photo: Jelly Tse
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