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Hong Kong economy

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Hong Kong property
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The Guangzhou skyline. Hong Kong’s consumer watchdog has launched a new portal for property in 11 bay area cities. Photo: Xinhua
Consumer protection in Hong Kong

Hong Kong’s consumer watchdog launches Greater Bay Area property portal

New website offers buyers and renters one-stop platform with up-to-date information, Consumer Council says.

Hong Kong property

Restaurants Eggslut, The Ark to shut Hong Kong outlets amid retail upheaval

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Hong Kong economy

Hong Kong’s 8 public universities amass nearly HK$140 billion in reserves

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Hong Kong tourism

Hong Kong sets post-pandemic record with 4.7 million visitors in January

Tourism minister Rosanna Law says Lunar New Year ‘golden week’ holiday has been a great start to 2025.

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Visitors were spotted across Hong Kong during the Lunar New Year holiday. Photo: Elson Li
Visitors were spotted across Hong Kong during the Lunar New Year holiday. Photo: Elson Li
Hong Kong economy

Hong Kong should refer to past pay cuts for officials amid deficit: ex-minister

Anthony Cheung urges lawmakers and top officials to ‘proactively show their readiness to go through the difficult times with ordinary people’.

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Hong Kong economy

Catch-up call for Hong Kong as expanded ComplexCon festival returns in March

Festival to be held at AsiaWorld-Expo will be expanded compared with last year, including bigger concert venue.

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Hong Kong society

Blackpink’s Jisoo to hold fan meeting in Hong Kong as part of Asia tour

K-pop singer also says her ‘Lights, Love, Action’ tour to cover other Asian cities such as Manila, Bangkok, Tokyo, Macau, Taipei and Hanoi.

Jisoo is also set to release her first solo mini-album next month. Photo: Instagram/Jisoo
Jisoo is also set to release her first solo mini-album next month. Photo: Instagram/Jisoo
Hong Kong housing

Hong Kong’s CY Leung, Centaline founder clash over housing supply projections

Agency head Shih Wing-ching says Leung’s criticism involving his firm amounts to ‘personal attack’.

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Hong Kong property

Hong Kong property sales hit 4-month low as tariffs, rate outlook rattle buyers

Deals involving residential and commercial properties and parking spaces fell in January as buyers braced for geopolitical tensions, slower rate cuts.

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Banking & finance

Dollar strength more worrying to Asian stocks than China tariffs: Hang Seng Bank

Prospects for Asian equities remain positive due to China’s stimulus measures and strong Asean trade links, Hang Seng Bank official says.

Hong Kong banks left their prime lending rates unchanged on Monday. Photo: Shutterstock
Hong Kong economy

Hong Kong economy grows by 2.5% in 2024, in line with forecasts

Advance figures also show gross domestic product grew by 2.4 per cent year on year in the fourth quarter.

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Hong Kong’s economy is undergoing “structural adjustments”, the finance chief says. Photo: Edmond So
Hong Kong’s economy is undergoing “structural adjustments”, the finance chief says. Photo: Edmond So
Hong Kong economy

Financial reserves ‘can help Hong Kong public universities weather funding cuts’

Lawmaker Lau Chi-pang also says percentages of any planned funding cuts by government should be same for all public universities.

Hong Kong property

Rare deals, distressed sales to prevail in Hong Kong property

Traditional investors to stay on the sidelines while educational and church organisations scoop up assets, analysts say.

Hong Kong economy

Hong Kong urged to provide HK$2 fares to ‘truly elderly’ not those aged 60

Government adviser Lam Ching-choi says controversial fare concession scheme should be adjusted.

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Those aged 60 and above only need to pay HK$2 per trip to travel on public transport. Photo: Eugene Lee
Hong Kong society

Hongkongers can fly to Lhasa in 8 hours as Tibet Airlines unveils new service

Route begins operation on February 19 and offers flights twice a week from Hong Kong, with layover in Sichuan province.

A check by the Post found some major travel agencies were promoting group tours using the first flight on the new service. Photo: Shutterstock
A check by the Post found some major travel agencies were promoting group tours using the first flight on the new service. Photo: Shutterstock
Hong Kong economy

Hongkongers make 1.8 million trips out of city during Lunar New Year break

Peak period for Hongkongers returning to city after holiday expected to be on Sunday afternoon.

Hong Kong economy

Hong Kong’s Paul Chan warns Trump tariffs will prolong high interest rates

US President Donald Trump earlier signed an executive order imposing 10 per cent tariffs on Chinese imports.

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Artificial intelligence

Hong Kong start-up turns profit by pivoting from housekeeping to AI

Hong Kong-founded Butler aims to help landlords and property managers save costs by automating workflows.

Residential buildings in Hong Kong. Photo: Reuters
Residential buildings in Hong Kong. Photo: Reuters
Family offices

Exclusive | For Hong Kong, family offices and IPOs are major growth engines: Deloitte

Hong Kong is particularly appealing to wealthy families from mainland China and Southeast Asia to set up family offices, Dennis Chow says.

Education in Hong Kong

Hong Kong to be ‘more targeted’ in helping poor amid deficit: No 2 official

Government will not simply cut social welfare resources, Eric Chan says, as city grapples with deficit set to reach about HK$100 billion.

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Hong Kong property

Slow start for Hong Kong’s first property launch in Year of the Snake

Only 27 of the 133 units on offer at The Reserve at Gold Coast Bay in Tuen Mun were sold as of 8pm.

Property agents and potential buyers at the sales office of The Reserve on Saturday. Photo: Elson Li
Hong Kong tourism

680,000 tourists visit Hong Kong in 4 days since Lunar New Year’s Eve

Tourism Board chief says figure is ‘encouraging’ as total arrivals rise by 6 per cent from same period last year.

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Thousands of tourists visit the Avenue of Stars in Tsim Sha Tsui on the first day of Lunar New Year. Photo: Jelly Tse
Thousands of tourists visit the Avenue of Stars in Tsim Sha Tsui on the first day of Lunar New Year. Photo: Jelly Tse
Hong Kong economy

Poor visibility forces Taiwan-bound HK Express flight to return to Hong Kong

Flight originally scheduled to land at Taichung airport at 7.50pm on Friday returns to Hong Kong later that night.

Digital currencies

Tencent-backed WeBank eyes Web3 expansion in Hong Kong

WeBank chief information officer Henry Ma said the virtual bank will be “deeply involved” in developing Hong Kong’s Web3 infrastructure.

Hong Kong tourism

Hong Kong welcomes 461,752 Lunar New Year visitors over 3 days

Number arriving between Tuesday and Thursday represents 7.3 per cent increase over figure for comparable period last year.

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The Avenue of Stars in Tsim Sha Tsui is packed with tourists on Friday. Photo: Jelly Tse
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Big Tech

China’s most popular AI app gets facelift with ByteDance’s Doubao 1.5

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ByteDance’s ChatGPT-like Doubao bot has emerged as the most popular AI app for Chinese consumers. Photo: Simon Song

Big Tech

Artificial Einstein: ByteDance’s viral AI video model brings photos to life

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ByteDance has rapidly become one of the leading artificial intelligence players in China. Photo: Shutterstock

Science

DeepSeek ‘is biggest shock to come out of China in 185 years’

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DeepSeek’s announcement sent shockwaves through US tech firms and stock markets. Photo: Dreamstime/TNS

Big Tech

What’s next for DeepSeek? AI start-up stays mum amid post-holiday plaudits

DeepSeek employees are staying vigilant on guarding sensitive corporate information amid the Chinese company’s rising global recognition. Photo: Shutterstock

Tech

China Future Tech webinar | How is DeepSeek shaping the race for AI supremacy?

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