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Hong Kong Economy

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Hong Kong housing
Hong Kong property
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Memory cards for sale at a Mong Kok shop. Hong Kong exports rose by 53.4 per cent in June, driven by demand for electronic products supporting AI. Photo: Jelly Tse
Hong Kong economy

AI boom will sustain Hong Kong’s export surge, lift GDP outlook, economists say

Baptist University’s Billy Mak says rising export values also reflect higher prices for AI components and relative easing in China-US trade tensions.

Hong Kong economy

Hong Kong Shopping Festival eyes Asean expansion, with Singapore, Malaysia first

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Hong Kong property

Singaporean investors snap up Hong Kong’s prime office assets

Hong Kong tourism

Hong Kong to offer 5% shopping, dining discounts for major event participants

Tourism Board says ticket holders of five major events in August and September can qualify for offers at over 100 designated hotels, attractions.

Holders of August tickets for the “Ancient Egypt Unveiled: Treasures from Egyptian Museums” exhibition are eligible for shopping discounts. Photo: Edmond So
Holders of August tickets for the “Ancient Egypt Unveiled: Treasures from Egyptian Museums” exhibition are eligible for shopping discounts. Photo: Edmond So
Hong Kong economy

AI fuels boom as Hong Kong exports soar 53% to record HK$641 billion in June

Performance underpinned by demand for AI-related products, with city acting as middleman for mainland China, Taiwan, South Korea, Vietnam and rest of world.

Hong Kong property

Hong Kong first-half home sales to boost developers’ earnings

Despite the brighter residential market outlook, commercial real estate continues to be weighed down by a lack of demand in non-core areas.

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Hong Kong economy

How Xinjiang offers Hong Kong a bridge to Central Asia — and what the risks are

Xinjiang’s transport links and proximity to Central Asia can help Hong Kong expand in region, but Western sanctions create hurdles, analysts say.

Zhao Xin owns of a 113-hectare cotton field in Shihezi, Xinjiang. Photo: Edith Lin
Zhao Xin owns of a 113-hectare cotton field in Shihezi, Xinjiang. Photo: Edith Lin
Hong Kong economy

Exclusive | Family office of Henderson Land boss to fast-track Central Asia green energy plans

Managing partner of Peter Lee’s family office says firm is pressing ahead with investment projects such as sustainable aviation fuel.

Hong Kong economy

Hong Kong can act as ‘super converter’ for mainland China, Paul Chan says

Financial secretary says Hong Kong can use ‘brand name’ to vouch for mainland products and help them sell internationally.

Hong Kong economy

Hong Kong’s TDC to open Egypt office as it eyes African, Nordic markets

Trade Development Council has revamped corporate structure to better help firms in six new industry clusters, chairman Frederick Ma says.

A view of the Pyramids of Giza on the southwestern outskirts of the Egyptian capital Cairo. Photo: AFP
Hong Kong society

Thousands of fans throng 5-day animation, comics and games fair in Hong Kong

Hello Kitty plush toys, Spider-Man figurines and Beyblade X spinning top contests among attractions at Ani-Com & Games Hong Kong.

A visitor in a Spider-Man costume tries his hand at a video game. Photo: Elson Li
A visitor in a Spider-Man costume tries his hand at a video game. Photo: Elson Li
Hong Kong economy

Herzog & de Meuron makes second donation to Hong Kong’s M+ museum

Global architecture firm donates more than 200 archival items to art museum, which it designed, with exhibition slated for early September.

Hong Kong economy

Hong Kong Disneyland rolls out afternoon tickets, extra cooling to beat the heat

Park offers discounted 4pm entry ticket, installs about 860 fans, portable air conditioners, mist cooling systems and additional shading blinds.

Hong Kong society

Mainland Chinese dental clinics in Hong Kong come under scrutiny of authorities

Dental association alerts officials after visiting booths where staff offered free cleaning, used endoscopes to suggest treatments.

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Models of gums and teeth at a Hong Kong dental expo. The Health Bureau and the Department of Health said they were following up on reports about booths run by mainland Chinese dental clincs in the city. Photo: Edmond So
Cathay Pacific

Cathay Pacific expects first-half profit to jump 75% to HK$6.5 billion

Growth in passenger and cargo volumes, plus HK$1.4 billion one-off gain, boosts earnings.

Cathay Pacific carried 12 per cent more passengers in June compared with the same month last year and reported a 17 per cent increase for the first six months. Photo: Sam Tsang
Cathay Pacific carried 12 per cent more passengers in June compared with the same month last year and reported a 17 per cent increase for the first six months. Photo: Sam Tsang
Hong Kong economy

Hong Kong Book Fair draws 1 million visitors, but sellers say many were browsers

Several booksellers say shifting consumer habits and unstable weather during seven-day event hurt business.

Hong Kong economy

Hong Kong restaurants score extra HK$500 million thanks to World Cup

Crowds of football fans, including children and elderly, flocked to shopping centres for match between Spain and Argentina at 3am.

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Hong Kong economy

Hong Kong can serve as a ‘launch pad’ for AI firms, finance chief Paul Chan says

Comments follow call by President Xi Jinping for AI to become a key driving force for all countries to promote shared prosperity.

Visitors try out products at AI+ Power 2026, Hong Kong’s largest artificial intelligence expo and conference. Photo: Jonathan Wong
Visitors try out products at AI+ Power 2026, Hong Kong’s largest artificial intelligence expo and conference. Photo: Jonathan Wong
Hong Kong tourism

Global tourism push promotes Hong Kong as city to be ‘felt’ not just seen

‘Only in Hong Kong’ campaign aims to redefine how travellers experience city and distinguish it from other destinations, Tourism Board says.

Hong Kong economy

Small firms in mainland China adopting AI more readily than large ones: experts

Market agility, steady power supplies and data exchanges also key to gaining edge and dominating AI sector, tech leaders at Bali forum say.

Hong Kong economy

For every dollar invested, we bring in more than 8, Hong Kong investment chief says

Hong Kong Investment Corporation head Clara Chan explains her strategies at Nusa Dua Forum organised by SCMP and Indonesia’s sovereign wealth fund Danantara.

SCMP publisher Tam (left), HKIC chief Clara Chan and Blue Pool CEO Oliver Weisberg. Photo: Nora Tam
Hong Kong property

Hong Kong homebuyers snap up 138 Garden Regency flats in New Territories

Top developer clears all units in weekend launch after offering a maximum 16 per cent discount.

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Potential buyers and estate agents line up at the sales office of SHKP’s Garden Regency at the International Commerce Centre. Photo: SCMP/Edmond So
Potential buyers and estate agents line up at the sales office of SHKP’s Garden Regency at the International Commerce Centre. Photo: SCMP/Edmond So
Hong Kong science and tech

Hong Kong’s Lalamove, EY team up to shape ‘low-altitude economy’. What’s next?

Companies say collaboration will leverage Lalamove’s logistics platform and EY’s services to offer transport solutions to businesses.

Hong Kong

Brunch with your bichon frise? Some dog owners say pet dining off to ruff start

Residents whose pets are part of their daily routine can now take them to more than 900 restaurants, but not all are welcoming, some owners say.

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Hong Kong economy

Hong Kong urged to position Greater Bay Area as equine hub, grow racing tourism

Hong Kong Jockey Club proposes leveraging its Guangzhou racecourse as strategic platform for deeper cooperation with mainland.

Horse racing enthusiasts pack the stands for the season finale at Happy Valley on July 15. Photo: Karma Lo
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