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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
BYD launches the Atto 2 EV model at an event at Sai Kung’s WM Hotel on Friday. Photo: Edmond So
Electric & new energy vehicles

BYD challenges Tesla with launch of cheaper SUV in Hong Kong

The Atto 2 is priced at HK$169,800 after tax, while the cheapest Tesla Model 3 ‘rear-wheel drive’ starts at HK$249,000 before tax.

Hong Kong economy

Talent helping to stabilise Hong Kong’s residential property market: minister

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Hong Kong economy

80% of mainland Chinese shoppers bought Hong Kong products online: poll

Swire Group

Swire Pacific warns of uncertain outlook after first-half profit drop

Real estate division Swire Properties is making good progress with its US$12.7 billion investment plan, chairman Guy Bradley says.

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The diversified Swire Pacific group has interests in aviation, real estate and beverages. Photo: Fung Chang
The diversified Swire Pacific group has interests in aviation, real estate and beverages. Photo: Fung Chang
Banking & finance

Over half of Hong Kong residents plan to work past 65, survey shows

While some people cite the need to maintain an income, others say they want to keep their minds active.

IPO

Netflix-style iQiyi aims to raise US$300 million in Hong Kong IPO

The Netflix-style streaming service, owned by Baidu , has begun discussions with global banks about a second listing in the city, people familiar with the matter say.

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IPO

Sunshine Lake Pharma falls in Hong Kong stock market debut

Trading under the stock sign 6887, Sunshine’s shares began trading at HK$57.50, a discount of 4.5 per cent to its last traded price of HK$60.24.

Sunshine Lake Pharma non-executive director Tang Xinfa (left) and chairman and director Zhang Yingjun strike the ceremonial gong at the HKEX’s Connect Hall on Thursday to mark the commencement of trading of the company’s shares. Photo: Handout
Sunshine Lake Pharma non-executive director Tang Xinfa (left) and chairman and director Zhang Yingjun strike the ceremonial gong at the HKEX’s Connect Hall on Thursday to mark the commencement of trading of the company’s shares. Photo: Handout
Millionaires and billionaires

Tsz Shan Monastery book offers peek into Li Ka-shing’s philosophy

Titled ‘Eternity in Light’, the five-chapter tome features writings about the Tsz Shan Monastery to mark its 10th anniversary.

Hong Kong workers/labour rights

Is Hong Kong beating Singapore, Taiwan in attracting foreign domestic helpers?

Employers in Hong Kong, in general, pay higher than in other places and workers enjoy better legal protection, overseas employment centre head says.

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Banking & finance

Hong Kong’s Peninsula Hotels sees surge in ‘bleisure’ travellers

A rise in international travellers is breathing new life into the city’s luxury hotel sector, HSH CEO Benjamin Vuchot says.

Benjamin Vuchot, the executive director and CEO of Hong Kong and Shanghai Hotels. Photo: Jonathan Wong
Hong Kong economy

Hong Kong urged to clarify ‘extreme conditions’ criteria after record rainfall

Business federation representative says existing guidelines are clear while lawmakers and union leaders call for further clarification.

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The highest-level black rainstorm warning was in effect for more than 11 hours on Tuesday, as the poor weather triggered flash floods and landslides. Photo: Eugene Lee
The highest-level black rainstorm warning was in effect for more than 11 hours on Tuesday, as the poor weather triggered flash floods and landslides. Photo: Eugene Lee
Banking & finance

Black rainstorm may be among city’s most-claimed natural disasters

Claims from Tuesday's black rainstorm are much worse than Typhoon Wipha, but less than those from the 2023 black rainstorm, Zurich Insurance’s Greater China CEO says.

Hong Kong society

Hong Kong ranks 8th in global smart cities index, beating Seoul and Singapore

Hong Kong second-highest performing Asian city in ranking, with Tokyo only location on the continent to outperform it in fifth place.

Banking & finance

HSBC to keep highest yield among Greater China’s banks: JPMorgan

The 160-year-old bank, which traces its roots to Hong Kong and Shanghai, is likely to return between 9 per cent and 11 per cent to shareholders in 2025, says JPMorgan.

HSBC Building in Central on July 30, 2025. Photo: Eugene Lee
Hong Kong

Revealed: the Li family home of 6 decades and focus of social media hoax

Located at 79 Deep Water Bay Road in the Southern district of Hong Kong Island, the mansion features three stories sitting atop an elevated podium with a swimming pool.

An undated photograph of the Li family’s home at 79 Deep Water Bay. Photo: Handout
An undated photograph of the Li family’s home at 79 Deep Water Bay. Photo: Handout
Hong Kong economy

Exclusive | Will Hong Kong firms feel US tariff pinch? Trade council head cautious but upbeat

Frederick Ma says situation in city is better than most places thanks to free port status, governing principle and support from mainland China.

Hong Kong economy

Exclusive | Hong Kong trade promoter to form ‘strategic alliance’ with Bank of China

Hong Kong Trade Development Council’s chairman outlines vision to realign its global network of 51 offices to support businesses amid trade war.

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Hong Kong workers/labour rights

Hong Kong employers’ group urges domestic helper wage freeze, cites poor economy

Group’s call follows demand from unions representing helpers to raise wages by 30 per cent to HK$6,500 a month.

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Foreign domestic helpers gather at Central on their day off. Photo: Sun Yeung
Foreign domestic helpers gather at Central on their day off. Photo: Sun Yeung
Hong Kong property

Li mansion in Deep Water Bay is ‘not for sale’, CK Asset says in rebuke

Social media speculation of the impending sale of 79 Deep Water Bay Road is “entirely fabricated”, “false” and “groundless,” CK Asset said in a statement.

Hong Kong transport

Hong Kong taxi fleet, HKU roll out city’s first AI-powered dispatch system

Smart dispatch decision system processes real-time data, including road traffic status, weather and EV battery levels to assign bookings.

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Hong Kong tourism

Michelle Yeoh takes a shine to Labubu made for Hong Kong panda cubs’ birthday

Oscar-winning actress among celebrities sent unique Labubu dolls as part of campaign by creator and Hong Kong tourism authorities.

Michelle Yeoh (left) with US actor Jeff Goldblum and a special Labubu doll. Photo: handout
Hong Kong economy

Accelerating Northern Metropolis considered priority by Hongkongers: John Lee

City leader says authorities must consider macro, micro issues as he wraps up public consultation exercise for annual policy address.

The Northern Metropolis aims to turn part of the New Territories into an economic powerhouse and a housing hub. Photo: May Tse
The Northern Metropolis aims to turn part of the New Territories into an economic powerhouse and a housing hub. Photo: May Tse
Hong Kong economy

Hong Kong could return to operating account surplus in 2025-26: Paul Chan

Finance chief says growth in second half of financial year will be more moderate with tapering of ‘rush shipments’ earlier prompted by US tariffs.

Banking & finance

HKEX to slash minimum spread of 300 stocks from Monday

The minimum spreads for the stocks trading between HK$10 to HK$50 will be cut by 50 to 60 per cent, according to HKEX.

Hong Kong economy

Hong Kong earns HK$189 million from revived hotel tax in first quarter

Some tourism industry leaders raise concerns as to whether HK$1.1 billion annual income target can be met.

Guests wait to check in at a hotel in Tsim Sha Tsui. Photo: Elson Li
China Future Tech
HIGHLIGHTS FROM
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Tech

Humanoid haven: China’s new robot store showcases home-grown products

A man adjusts a humanoid robot at the Robot Mall in Beijing. Photo: AFP

China EVs

BYD challenges Tesla with launch of cheaper SUV in Hong Kong

BYD launches the Atto 2 EV model at an event at Sai Kung’s WM Hotel on Friday. Photo: Edmond So

Tech War

China’s SMIC downplays impact of Trump’s proposed 100% tariff on chip imports

Chipmaker Semiconductor Manufacturing International Corp says it has limited exposure to the US market. Photo: Shutterstock

China Economy

Why China’s first rocket recovery ship is a milestone for its space programme

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A SpaceX drone ship carrying a Falcon 9 booster berths at Port Canaveral. China has now launched a similar system as it strives to pivot to using reusable rockets. Photo: SpaceX

Big Tech

TSMC trade secrets leak puts Japan’s Tokyo Electron on hot seat

People leave Taiwan Semiconductor Manufacturing Company’s Museum of Innovation at its headquarters in Hsinchu, Taiwan, on November 21, 2024. Photo: AFP
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OPINION
Paul Yip

Opinion | Hong Kong needs real talent, not troublemakers and misfits

Paul Yip
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Jiaying Jiang

Opinion | Hong Kong can lead charge for yuan alternative to US stablecoin

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Alice Wu

Opinion | Hong Kong must fix talent scheme as mainland Chinese ‘exam immigrants’ draw ire

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Francis Neoton Cheung

Opinion | How Hong Kong can re-emerge as a leader in maritime trade

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Gordon Crosbie-Walsh

Opinion | IPO boom a stepping stone for Hong Kong to become region’s capital hub

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Mike Rowse

Opinion | Will Hong Kong government’s more hands-on approach to development pay off?

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