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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
Vehicles get filled up at a petrol station in Sha Tin. Photo: Sam Tsang
Hong Kong economy

Hong Kong to issue weekly updates on fuel price changes from April 1

Environment minister says policy aims to allow public to monitor oil price changes more accurately.

Hong Kong economy

Hong Kong’s ‘ghost oil’ stations rake in ‘HK$10,000 a day’ as petrol prices soar

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Hong Kong economy

Hong Kong should use ‘safe haven’ status to draw capital from Gulf: agency chief

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Hong Kong economy

Panama⁠ accuses CK Hutchison subsidiary of lying about arbitration response

President Jose Raul Mulino slams Panama Ports Company for accusing country of failing to file response to arbitration request.

Balboa port was taken over by Panamanian authorities in February. Photo: Reuters
Balboa port was taken over by Panamanian authorities in February. Photo: Reuters
Hong Kong property

Office vacancy rate in Hong Kong’s Central drops to single digits after 2 years

Wan Chai-Causeway Bay area also improves, reducing citywide vacancy rate even though most areas remain under pressure, JLL says.

Hong Kong economy

Hong Kong finance chief stresses flexibility in pitch for Northern Metropolis

Government will discuss land and financial support with mainland and overseas businesses seeking to take part in project, Paul Chan tells Beijing seminar.

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Hong Kong economy

CK Hutchison vows to pursue ‘all legal remedies’ over seized Panama ports

Group says diversified network could benefit from higher storage revenue as inventory demand rises amid Strait of Hormuz crisis.

Cristobal port was seized by Panamanian authorities in February. Photo: AFP
Cristobal port was seized by Panamanian authorities in February. Photo: AFP
Hong Kong property

Hong Kong’s CK Hutchison reports 7% gain in underlying profit

Diversified business mitigates impact of adverse developments including ‘legal conflict’ over Panama ports, chairman says.

Hong Kong Monetary Authority (HKMA)

HKMA warns of interest rate uncertainty amid Middle East conflict

HKMA leaves city’s base rate untouched at 4 per cent, as HSBC, Standard Chartered and BOCHK keep prime lending and saving rates unchanged.

Hong Kong economy

Hong Kong more attractive to talent amid Middle East tensions, labour chief says

Secretary for Labour and Welfare Chris Sun says fourth of imported workers from various schemes are foreign passport holders.

The CareerConnect Expo at the Hong Kong Convention and Exhibition Centre in Wan Chai. Photo: Karma Lo
Hong Kong economy

Hong Kong’s Airport Authority to develop HK$300 million art storage facility

Authority partnering with Hong Kong’s Eythos to create 4,920 square metre facility as part of wider push to turn city into arts trading hub.

The art storage facility will be part of Skytopia, a HK$100 billion expansion of Airport City. Photo: Eugene Lee
The art storage facility will be part of Skytopia, a HK$100 billion expansion of Airport City. Photo: Eugene Lee
Hong Kong tourism

Hong Kong Tourism Board to woo overnight big spenders, diversify visitor mix

Board executive director Anthony Lau says 75 per cent of its resources will go towards overseas markets.

Hong Kong economy

Hong Kong’s jobless rate falls by 0.1 percentage point

Unemployment rate for December to February period stands at 3.8 per cent, with situation improving in retail, accommodation services, and foundation and superstructure sectors.

Hong Kong tourism

Chinese New Year boosts Hong Kong visitor numbers in first 2 months of 2026

Nearly 10 million visitors entered Hong Kong in January and February, an 18 per cent year-on-year increase from the same period in 2025.

Mainland Chinese tourists visit the former Yau Ma Tei police station. Photo: Sam Tsang
Hong Kong economy

CK Hutchison subsidiary slams Panama for missing arbitration deadline

Panama Ports Company also confirms offices were raided by alleged ‘armed security forces’ and accuses authorities of disregarding rule of law.

Balboa port was seized by Panamanian authorities in February. Photo: AP
Balboa port was seized by Panamanian authorities in February. Photo: AP
Hong Kong politics

Hong Kong government will work with Legco to craft 5-year plan, John Lee says

City leader says collaborative mechanism will reflect executive-led governance model, with blueprint to be released by end of the year after public consultation.

Hong Kong economy

Hong Kong travel agencies suspend Middle East tours over safety concerns

Heightened safety fears amid escalating conflict prompt tour operators to halt trips and flight transfers through the region.

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Hong Kong property

Hong Kong businessman expected to take loss on Peak sites he bought for US$255m

Tender for three Peak Road lots follows sale by Chan King-wai’s family of another Peak property last year at estimated 56 per cent loss.

The sites at 86, 88 and 90 Peak Road sold in 2017 for about US$255 million. Photo: Google Map
The sites at 86, 88 and 90 Peak Road sold in 2017 for about US$255 million. Photo: Google Map
Hong Kong economy

Google to open Gemini chatbot to all Hong Kong users amid city’s AI push

Google Hong Kong’s Michael Yue says move will drive more creativity and productivity and help achieve commitment to advancing Hong Kong together.

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Hong Kong economy

Airlines’ soaring cargo fuel surcharges spark fears of profiteering

Surge in global oil prices also prompts courier SF Express to impose temporary fuel surcharges within Hong Kong and Macau.

Insurance

Hong Kong regulator sets ‘comprehensive’ review of medical insurance costs

Analysis aims to increase transparency at a time when some insurance prices are rising faster than medical costs, Insurance Authority CEO says.

A patient is taken for treatment at Kwong Wah Hospital in Yau Ma Tei on January 1, 2026. Photo: Sun Yeung
Hong Kong tourism

30% jump in demand for regional holidays among Hongkongers amid Middle East war

Industry players say local travellers more cautious ahead of Easter holiday amid rising airfares and disrupted routes.

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Tourists visit Sensoji Temple in Tokyo’s historic Asakusa district in December. Photo: EPA
Tourists visit Sensoji Temple in Tokyo’s historic Asakusa district in December. Photo: EPA
Hong Kong economy

Middle East conflict could divert new capital to Hong Kong: treasury chief

Christopher Hui pledges to keep markets operating smoothly amid energy price shocks caused by US-Israel war against Iran.

Hong Kong society

Blackpink’s Jennie, Art Basel, Cj Hendry: top Hong Kong events to catch in March

Residents and visitors are spoiled for choice in the last two weeks of art month, with ComplexCon and HKwalls among the offerings.

Hong Kong society

Hong Kong to tighten moneylending rules to tackle debt collector harassment

Authorities will impose measures such as stricter borrowing caps and ban loan referees in August.

A pedestrian walks past a moneylending advertisement in Hong Kong. Photo: Felix Wong
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