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Hong Kong Economy

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Hong Kong property
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The Hong Kong Gold Exchange kicking off the Year of the Horse with its traditional Chinese New Year opening ceremony in Sheung Wan. Photo: SCMP
Banking & finance

Hong Kong wants to be a global gold vault. Does the Iran war create an opening?

Geopolitical risk is driving a rethink of where bullion is stored – and Hong Kong’s unique status is drawing attention.

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Hong Kong economy

Hong Kong minister urges long-term view, says Middle East investment unaffected

Hong Kong tourism

Tourism Board invited 1,730 influencers with 1.6 billion followers over 2 years

Hong Kong economy

Hong Kong eyes HK$220 million private investment for national innovation centre

Innovation, Technology and Industry Bureau sets ‘ambitious’ goal for centre to be profitable by fifth year of operation.

Yuen Long InnoPark by Hong Kong Science & Technology Parks Corporation. Photo: Eugene Lee
Yuen Long InnoPark by Hong Kong Science & Technology Parks Corporation. Photo: Eugene Lee
Cathay Pacific

Cathay Pacific, HK Express passenger counts rise despite impact of Mideast war

Group attributes growth to spate of mega-events in city, such as Art Basel and Hong Kong International Jewellery Show.

Hong Kong economy

Bars gearing up for bumper Hong Kong Sevens weekend

Bar operators dismiss concerns that higher airfares because of Middle East war will deter rugby fans from visiting city.

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Hong Kong economy

Hong Kong leader John Lee, EU officials meet to discuss trade, cooperation

EU ambassador describes lunch meeting as a ‘constructive and in-depth exchange on EU-Hong Kong relations’.

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Chief Executive John Lee (centre) chats with Harvey Rouse at a lunch meeting with EU representatives. Photo: Facebook/John Lee
Chief Executive John Lee (centre) chats with Harvey Rouse at a lunch meeting with EU representatives. Photo: Facebook/John Lee
Hong Kong economy

Are special laws a quick fix for speeding up Hong Kong’s Northern Metropolis?

Syncing megaproject with key infrastructure and turning it into a ‘living laboratory’ are equally important to its success, tech experts say.

Hong Kong property

Futu Securities opens coffee shop as it adapts to changing client ‘lifestyles’

Japanese fashion retailer Uniqlo as well as online brokerage Longbridge have also launched cafes in their outlets.

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.

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

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

Source says club’s main concern is illegal wagering and that it will work with government to solve crisis over basketball betting pause.

Hong Kong has put the launch of legalised basketball betting on hold. Photo: Sam Tsang
Hong Kong has put the launch of legalised basketball betting on hold. Photo: Sam Tsang
Hong Kong economy

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

In past three years, Cinema Day recorded over 600,000 admissions and box office revenue of more than HK$44 million in total.

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.

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 retained its position as Asia’s top financial centre and ranked third globally. Photo: Jelly Tse
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.

Hong Kong Sevens is running from Friday to Sunday this week. Photo: Eugene Lee
Hong Kong Sevens is running from Friday to Sunday this week. Photo: Eugene Lee
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.

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.

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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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The SME Financing Guarantee Scheme is managed by HKMC Insurance, a subsidiary of the government-owned Hong Kong Mortgage Corporation. Photo: Nora Tam
The SME Financing Guarantee Scheme is managed by HKMC Insurance, a subsidiary of the government-owned Hong Kong Mortgage Corporation. Photo: Nora Tam
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.

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.

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 leader John Lee speaks at the World Internet Conference Asia-Pacific Summit at the Convention and Exhibition Centre in Wan Chai. Photo: Karma Lo
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.

Despite the recent slowdown, heightened geopolitical risk could ultimately strengthen Hong Kong’s appeal as a capital haven. Photo: May Tse
Despite the recent slowdown, heightened geopolitical risk could ultimately strengthen Hong Kong’s appeal as a capital haven. Photo: May Tse
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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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.

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.

The Working Group on Shanghai and Hong Kong Digital Cooperation holds its first annual meeting. Photo: Handout
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