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Hong Kong Economy

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Po Pin Chau in Sai Kung is a popular spot with tourists. Photo: Dickson Lee
Hong Kong economy

Booking system considered to protect popular Hong Kong hiking trail from crowds

More people than expected visited scenic Po Pin Chau during recent holiday peaks.

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Hong Kong economy

MTR Corp boss Jacob Kam elected chairman of Hong Kong’s largest business chamber

Hong Kong economy

‘At least 1 firm under Kazakh wealth fund will list in Hong Kong this year’

Hong Kong economy

Hong Kong media groups sign Kazakhstan deals to deepen journalism, business ties

SCMP’s pact with Kazakhstan’s financial hub will foster investment, innovation and cross-border partnerships, publisher Tammy Tam says.

The Astana International Financial Centre (AIFC) in Kazakhstan. Photo: AIFC
The Astana International Financial Centre (AIFC) in Kazakhstan. Photo: AIFC
Hong Kong economy

Hong Kong retail sales rise 8.6% in April, but ‘full recovery has yet to emerge’

Retail sales for first four months of 2026 up 11.3 per cent from the same period last year.

Hong Kong economy

Hong Kong to relaunch direct flights to Kazakhstan in first quarter of 2027

City leader John Lee vows to push for 30-day visa-free access to Central Asian country, while Cathay says it will offer three flights per week.

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Hong Kong economy

Hong Kong leader’s visit set to unlock Kazakh flights, with incentives eyed

Hong Kong-based airline exploring launching such flights up to three times a week but details are being ironed out.

Asel Suankulova is confident that there will be good demand for a Hong Kong-Kazakhstan service. Photo: Jeffie Lam
Asel Suankulova is confident that there will be good demand for a Hong Kong-Kazakhstan service. Photo: Jeffie Lam
Hong Kong economy

Make use of Hong Kong’s advantages, John Lee urges Kazakhstan leaders, companies

Lee meets President Kassym-Jomart Tokayev as delegation seals wide range of partnership deals on first day of Central Asia trip.

Banking & finance

Hong Kong’s venture fund eyes bigger bankroll after double-digit return

Financial secretary says investment arm will also take lead on new offshore yuan-denominated venture capital fund.

Hong Kong economy

Impact of Middle East war on Hong Kong’s inflation limited, finance chief says

Inflation forecast raised to 2.6 per cent, but Financial Secretary Paul Chan says service-based economy and stable mainland Chinese supplies cushion impact.

Paul Chan says rising fuel prices will push up inflation, but the impact on Hong Kong remains limited. Photo: Sam Tsang
Hong Kong economy

Hong Kong’s John Lee on Central Asia mission to explore new markets, expand ties

Dozens of agreements are expected to be signed during delegation’s five-day trip to Kazakhstan and Uzbekistan.

The delegation’s first stop on the five-day trip to Central Asia is Astana. Photo: Reuters
The delegation’s first stop on the five-day trip to Central Asia is Astana. Photo: Reuters
Hong Kong society

Can Hongkong Post be saved or should it become a taxpayer-funded public service?

Observers say HK$4.6 billion rescue plan only buys time as officials must decide whether basic public services should override push for profit.

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Hong Kong economy

High rents, job fears rank among top stressors for mainland students in Hong Kong

But over 40 per cent still plan to stay in city after graduation despite financial and mental strain, poll finds.

Hong Kong economy

Hong Kong considers new offshore yuan venture fund for tech, emerging industries

Initiative would build on AI and finance convergence while supporting yuan internationalisation, finance chief Paul Chan says.

A man walks past a money exchange shop in Central, Hong Kong. The nation’s latest five-year plan calls on Hong Kong to enhance its role as an international financial hub and expand its offshore renminbi business.Photo: Felix Wong
Hong Kong economy

More Hong Kong tourists drawn to ‘mysterious’ Central Asia, travel agencies say

Tour operators are linking up with mainland Chinese who have settled in region, giving city residents new ways to explore unconventional destinations.

Crowds at the Registan public square in Samarkand, Uzbekistan. Photo: Getty Images
Crowds at the Registan public square in Samarkand, Uzbekistan. Photo: Getty Images
Hong Kong economy

Hong Kong must remove bottlenecks to grow yacht economy, industry leaders say

Call comes after Beijing eases restrictions on yachts from Hong Kong and Macau entering mainland cities in Greater Bay Area.

Hong Kong economy

Beijing to release Hong Kong yacht policy with mainland port details next month

State Council revamps maritime policies, exempting Hong Kong and Macau yachts from customs guarantees and simplifying registration in Greater Bay Area.

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Hong Kong transport

Taxi trade fears 10% could lose cabs as drivers gear up for ride-hailing

Industry leader Chau Kwok-keung estimates about 1,800 out of city’s 18,163 cabs will be repossessed by banks as owners fail to meet mortgage payments.

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Chau Kwok-keung, chairman of the Hong Kong Taxi and Public Light Bus Association, says many owners “feel hopeless about the industry’s future”. Photo: Edmond So
Chau Kwok-keung, chairman of the Hong Kong Taxi and Public Light Bus Association, says many owners “feel hopeless about the industry’s future”. Photo: Edmond So
Hong Kong economy

Hong Kong well placed to help Central Asia grow yuan trade, leading banker says

Stephen Chan says city is natural choice for Central Asian countries looking to expand renminbi usage in trade and investment.

Banking & finance

Mainland Chinese react as Hong Kong tightens access to offshore investing routes

Banks have been ordered to step up checks, part of wider efforts to strengthen oversight of cross-border capital flows.

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Hong Kong economy

Hong Kong exports surge 43% in April, driven by strong demand for AI electronics

Figure follows earlier five-year high of 35.8% growth in March, but government remains cautious and says Middle East war could cloud outlook.

Cargo ships docked at Kwai Chung Container Terminal. Photo: Elson Li
Hong Kong economy

Merge Hong Kong’s 2 cross-boundary ferry piers to optimise capacity: lawmakers

Such a move could cater to rising demand from luxury yachts, they say, as ferry terminals record 6.5 per cent drop in passenger numbers in 2025.

The China Ferry Terminal in Tsim Sha Tsui should be used for yacht tourism, a lawmaker says. Photo: Jelly Tse
The China Ferry Terminal in Tsim Sha Tsui should be used for yacht tourism, a lawmaker says. Photo: Jelly Tse
Hong Kong economy

Hong Kong eyes Central Asian listings as HKEX CEO pitches city’s deep liquidity

Bonnie Chan says city seeks closer collaboration with region ahead of city leader’s high-level trip to Kazakhstan and Uzbekistan in early June.

Hong Kong economy

Hong Kong to roll out 2-month LPG subsidy to ease burden on transport firms

LPG subsidy to take effect on Sunday and benefit operators of city’s 20,000 commercial transport vehicles, from taxis to school buses.

Hong Kong economy

Top industrialist Sunny Chai picked to head firm developing San Tin Technopole

Chai to step down as science park chairman next month before taking on role at new company steering development of innovation and technology hub.

Sunny Chai has been appointed as chairman of a government-owned company tasked with developing Hong Kong’s San Tin Technopole. Photo: Edmond So
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