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Hong Kong economy
Number of visits to Hong Kong arts hub jumped 19% last year, hitting 15 million
West Kowloon Cultural District aiming to continue trend this year with local events and international collaborations to entice visitors.
3 hours ago
Hong Kong property
Meitu founder’s wife buys Hong Kong luxury home for US$60 million
5 hours ago
Consumer protection in Hong Kong
Hong Kong watchdog warns of burn risks after tests on non-stick frying pans
15 May 2025 - 5:17PM
Hong Kong tourism
17% rise in long-haul visitors to Hong Kong in April
Recent weakness in Hong Kong dollar against other regional currencies may help to sustain growth in long-haul arrivals, expert says.
2 hours ago
The number of mainland Chinese visitors heading to the city for April reached 2.81 million, representing a 13 per cent increase year on year. Photo: Sam Tsang
Hong Kong society
False step? Why you can’t count on data from some smartwatches, fitness trackers
Watchdog warns customers not to rely on smartwatches to track fitness levels for medical purposes, citing deviations of up to 74 per cent.
15 May 2025 - 5:43PM
Consumer protection in Hong Kong
Hong Kong vets report higher rates of poor health for online-bought cats, dogs
Consumer watchdog teams up with wildlife authorities to survey veterinarians, and targets 18 online sellers of animals.
2 hours ago
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Hong Kong property
Tenants like Donki get rental breaks in Hong Kong’s retail gloom
Hong Kong landlords offer significant discounts to attract tenants amid ongoing retail challenges, reduced tourist spending.
14 May 2025 - 8:42PM
Don Don Donki in Central. Photo: Neil Newman
Banking & finance
HSBC’s sweeping revamp leads to surprise Hang Seng Bank lay-offs
Some departments lose up to 20 per cent of their staff, while the hardest-hit team is cut in half, sources say.
14 May 2025 - 4:22PM
Hong Kong economy
Hongkong Post keeping US parcel service suspension in place despite tariff deal
Government-owned postal service provider says it will not collect any tariffs on behalf of the US.
14 May 2025 - 9:05PM
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Hong Kong tourism
Dragon Boat competition in Hong Kong to draw 4,500 athletes from 12 countries
A food market and pop-up store will also take place in run-up to the event happening from June 7 to 8.
13 May 2025 - 8:29PM
Hong Kong politics
Hong Kong leader John Lee begins trade and investment push in Kuwait
Chief executive raises prospect of signing free-trade agreement with Gulf Cooperation Council and invites Kuwait to set up investment office.
13 May 2025 - 11:22PM
Chief Executive John Lee (left) alongside the crown prince of Kuwait, Sheikh Sabah Al-Khaled Al-Sabah. Photo: Handout
Hong Kong economy
China-US tariff truce offers Hong Kong exporters 90-day window to ship goods
Despite tariff pause, experts have warned traders will still face hurdles in competition for freight services and negotiating shipment costs.
13 May 2025 - 10:10PM
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Hong Kong economy
Hong Kong’s CK Hutchison Holdings pledges Panama port deal won’t violate laws
Statement comes after mainland China’s market regulator asked parties involved not to circumvent ongoing antitrust probe.
13 May 2025 - 9:49PM
5
Hong Kong economy
Hong Kong delegation led by city leader signs 35 MOUs and deals in Qatar
Agreements span trade and investment promotion, finance, transport and logistics, and innovation and technology, among other areas.
12 May 2025 - 10:58PM
Hong Kong economy
China-US trade truce won’t stop Hong Kong from filing WTO complaint: John Lee
City leader to press on with case that Hong Kong is a separate customs entity, while economists warn against over-optimism.
12 May 2025 - 11:34PM
Hong Kong has accused the US of violating the WTO’s rules by imposing so-called reciprocal tariffs on the city. Photo: Reuters
Banking & finance
China to spur Nansha as Greater Bay Area’s third financial hub
Latest measures follow efforts since 2023 to build up Qianhai and Hengqin in southern Guangdong province, and foster ties with Hong Kong.
12 May 2025 - 10:38PM
Hong Kong economy
Activist investor David Webb hopes Hong Kong statutory body will carry on his work
Webb, who is battling late-stage cancer, also urges city to maintain its free-port status and promote itself as a duty-free hub.
12 May 2025 - 9:08PM
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IPO
Chinese EV battery giant CATL launches US$5.3 billion Hong Kong IPO
Listing is expected to be the largest in Hong Kong since Kuaishou Technology raised US$6.2 billion in January 2021.
12 May 2025 - 5:19PM
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A model of CATL’s second-generation Shenxing Superfast Charging Battery is displayed during CATL Tech Day ahead of the Shanghai Auto Show in Shanghai on April 21, 2025. Photo: AFP
Hong Kong property
Southeast Asian buyers, schools fuel revival in Hong Kong commercial properties
Colliers forecasts commercial real estate deals to increase 14 per cent this year on policy support, valuation appeal.
12 May 2025 - 8:30AM
Hong Kong economy
Salary freeze for Hong Kong’s cash-strapped Urban Renewal Authority
Body’s 700 staff will be affected by second freeze in four years, following similar move for civil servants.
12 May 2025 - 9:00AM
Hong Kong economy
Hong Kong Cinema Day: movie theatres achieve 83% occupancy rate, a 3-year high
Annual promotion helps attract nearly 195,000 people to cinemas offering discounts on tickets, slightly below last year’s tally.
11 May 2025 - 4:14PM
Hong Kong economy
Hong Kong will ‘play it safe’ with growth figures amid US tariff war: Paul Chan
US tariffs have huge impact, with ‘major uncertainties over the economic outlook’, Financial Secretary Paul Chan says.
11 May 2025 - 4:22PM
Countries are looking to Hong Kong as an example of attracting foreign investment, finance chief Paul Chan says. Photo: Eugene Lee
Hong Kong economy
Hong Kong garages feeling squeeze but EVs offer chance for upgrade: experts
Rise in use of electric vehicles has left Hong Kong’s car repair sector in slow lane.
11 May 2025 - 2:26PM
Hong Kong science and tech
How Hong Kong helped a mainland Chinese driverless tech firm expand to Mideast
UISEE CEO Wu Gansha, who will meet Hong Kong delegation in Qatar, says city played pivotal role in the company’s global expansion.
12 May 2025 - 1:17PM
Hong Kong society
Hong Kong’s Li Ka-shing in rare public appearance, declines to discuss port deal
Tycoon appears at Kai Tak Stadium where Taiwanese band Mayday is playing string of shows, but declines to discuss controversial ports deal.
11 May 2025 - 9:22PM
HIGHLIGHTS FROM
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Huawei, UBTech team up to bring humanoid robots to factories and homes
12 May 2025 - 9:59PM
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AI platform finds waning usage of DeepSeek as Kuaishou surges in video
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China deploys world’s biggest fleet of driverless mining trucks
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Alibaba’s quarterly revenue grows 7% as ‘all-in on AI’ strategy pays off
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How AI investments are paying off for Chinese tech conglomerate Tencent
15 May 2025 - 6:00PM
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