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Hong Kong Economy

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Hong Kong housing
Hong Kong property
Tourism
Parallel trading
Hong Kong stock exchange
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Property investment
The Harbourfront Landmark in Hung Hom, where Nord Anglia International School has rented 73,800 sq ft of space on the third to sixth floors. Photo: Handout
Hong Kong property

Rare momentum: Hong Kong universities, schools boost commercial property market

Educational institutions pour more than US$1.4 billion into deals, helping steady the city’s commercial real estate sector.

Hong Kong economy

Mainland Chinese tourists pack landmarks as Hong Kong marks July 1 anniversary

Hong Kong economy

Thailand’s Bangchak takes over Hong Kong Caltex petrol stations in HK$2.1b deal

Hong Kong economy

‘More space, better service’: Hongkongers flock to mainland for July 1 holiday

City’s checkpoints packed with residents heading across border for quick shopping and dining getaways, drawn by wider variety and lower prices.

People visit MixC shopping centre in Nanshan, Shenzhen. Photo: May Tse
People visit MixC shopping centre in Nanshan, Shenzhen. Photo: May Tse
Hong Kong economy

Hongkongers snap up July 1 freebies and discounts with gusto

Residents take full advantage of handover anniversary deals, forming long queues at restaurants and museums and taking free rides on trams and ferries.

Hong Kong economy

Hong Kong tech chief warns AI will unleash ‘greatest industrial revolution’

Secretary for Innovation, Technology and Industry Sun Dong says city is proactively preparing for paradigm shift with key AI initiatives.

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Hong Kong property

Hong Kong developer switches to high gear with Mercedes giveaways for homebuyers

K&K Property woos wealthy buyers with luxury car sweeteners as the city’s high-end housing market rebounds.

An exterior view of One Stanley in Southern district, Hong Kong. Photo: Elson Li
An exterior view of One Stanley in Southern district, Hong Kong. Photo: Elson Li
Hong Kong science and tech

Hong Kong, mainland China to start sharing data this year: tech minister Sun Dong

Minister also outlines plans to host chats between students and city’s first astronaut as early as start of new school term.

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Greater Bay Area

Asean hopes to tap Greater Bay Area’s tech skills with closer ties: industry chiefs

Panellists at South China Morning Post’s GBA-Asean Summit list AI and green technology as key areas for cooperation.

Hong Kong economy

New Asean Chamber of Commerce launched in Hong Kong will ‘fulfil long-felt need’

New business group launched at the South China Morning Post’s GBA-Asean Summit 2026.

Dignitaries, including city leader John Lee (front centre), gather for a group photo at the launch of the new chamber. Photo: May Tse
Hong Kong economy

No plans on handover day? SCMP breaks down Hong Kong’s biggest July 1 deals

Businesses are offering a range of deals for dining out, shopping at the mall and even taking the tram, to mark the 29th handover anniversary.

This July 1 will mark the 29th anniversary of the city’s return to Chinese sovereignty. Photo: Jelly Tse
This July 1 will mark the 29th anniversary of the city’s return to Chinese sovereignty. Photo: Jelly Tse
Hong Kong economy

‘Hong Kong positioned to link Asean, Greater Bay Area amid geopolitical shifts’

At SCMP’s GBA-Asean Summit, city leader stresses that the two regions have what it takes to form a ‘powerful and complementary partnership’.

Hong Kong economy

No plan to extend tighter rules to yoga and dance studios: Hong Kong official

Proposed rules would apply only to gyms and beauty parlours, which logged about 5,000 prepaid contract complaints over six years, official says.

Hong Kong economy

Net result? How a Hong Kong dim sum restaurant went big on the World Cup

Lin Heung Lau’s branch in Sheung Wan has become one of the city’s most unlikely venues for catching football.

Football fans catch a match while enjoying some dim sum. Photo: Karma Lo
Hong Kong economy

Hong Kong can drive ‘China Opportunity 2.0’ push for global growth: Paul Chan

Finance chief also says Northern Metropolis megaproject can serve as destination for Chinese firms to commercialise their technologies.

Paul Chan (right) attends the World Economic Forum’s Annual Meeting of the New Champions in Dalian on Wednesday. Photo: Handout
Paul Chan (right) attends the World Economic Forum’s Annual Meeting of the New Champions in Dalian on Wednesday. Photo: Handout
Hong Kong economy

Steeper prices ahead after Qatar gas supply cut off, HK Electric tells customers

CEO Francis Cheng says firm has not received any gas from Qatar since March, after Iranian strikes damaged production facilities.

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Hong Kong tourism

China urges easing of travel barriers as Apec tourism ministers meet in Macau

Chinese minister Sun Yeli also calls for closer cooperation within Apec community to promote tourism as a regional economic driver.

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Hong Kong economy

Hong Kong is betting on integration with mainland China but what are the risks?

Integration offers strategic gains amid geopolitical tensions with West, but Hong Kong must retain unique qualities for businesses to thrive, executives say.

Illustration: Henry Wong
Illustration: Henry Wong
Hong Kong economy

Hong Kong power firms to give residential customers rebates as bills soar

Two power suppliers say they will provide a subsidy between August and October to ease the pain of rising electricity bills.

Hong Kong property

Penthouse in Hong Kong’s Mid-Levels sells for US$48.5m, sets pricing benchmark

The record per square foot pricing for new homes this year highlights the growing momentum in the city’s luxury property market.

Hong Kong economy

Hong Kong’s big economic dreams: what’s the reality and where do poor fit in?

Experts and industry leaders say thriving stock market and other robust macroeconomic indicators point to success but mask pain points.

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Illustration: Henry Wong
Banking & finance

Hong Kong’s IPO Connect push: why investors see it as the next frontier

Calls grow to further expand Hong Kong’s connect scheme with mainland China markets amid drive for deeper capital flows.

Calls for an IPO Connect have resurfaced at a delicate time for Hong Kong, which views finance as a pillar industry to demonstrate resilience in a geopolitically complex world. Photo: Sam Tsang
Calls for an IPO Connect have resurfaced at a delicate time for Hong Kong, which views finance as a pillar industry to demonstrate resilience in a geopolitically complex world. Photo: Sam Tsang
Hong Kong economy

HK Electric raises fuel charge by nearly 34% and further increases expected

Utility points to higher international fuel prices as reason to increase charge and warns that uncertainty in Middle East may drive bills higher.

Hong Kong economy

Hong Kong exports rise by nearly 41% in May as AI keeps fuelling demand

Figure marks second month in row that export growth exceeded 40 per cent, edging close to best performing month in decades.

Banking & finance

Southbound Stock Connect flows surge to record US$152b amid Hong Kong IPO boom

Average daily southbound turnover soared 84 per cent year on year to HK$124.1 billion, equal to 24 per cent of city’s total market turnover.

An exterior view of the Hong Kong stock exchange in Central on March 13, 2026. Photo: Jelly Tse
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