Hong Kong economy

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Hong Kong housing

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Parallel trading

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Property investment

Jockey Club CEO Winfried Engelbrecht-Bresges discussed his thoughts on the future of racing across the border with the Post. Photo: SCMP Video

Racing

Exclusive | Jockey Club chief expects ‘massive stimulus’ as sport is developed on mainland

Winfried Engelbrecht-Bresges believes there will be a racing and betting industry in mainland China in the future.

25 minutes agovideocam

Hong Kong rises to No 7 in digital competitiveness ranking, Singapore at No 1

41 minutes ago

Can Hongkongers make it big in Peru? The country’s Chinese community weighs in

2 hours ago

Racing

Exclusive | ‘World class’ Hong Kong racing can boost tourism across GBA, Jockey Club chief says

CEO Winfried Engelbrecht-Bresges predicts number of mainland travellers to races in city could double by 2030.

24 minutes agovideocam

At Sha Tin. Photo: Kenneth Chan.

Hong Kong economy

Hong Kong to sign free-trade deal with Peru, John Lee says ahead of Apec summit

Commerce chief Algernon Yau also meets his Thai, Indonesian counterparts to explore partnership.

50 minutes ago

Hong Kong economy

Airbus raises Asia-Pacific forecast to 19,500 planes needed over next 20 years

Company also announces it has exceeded 50 per cent market share for backlog of widebody planes in region.

13 Nov 2024 - 9:01PM

Hong Kong economy

Hong Kong tourism sector eyes ethnic minority recruits to welcome Muslim visitors

China Travel Service among organisations looking for recruits at job fair organised for members of city’s ethnic minority communities.

13 Nov 2024 - 6:38PM

The job fair is being held at MacPherson Stadium in Mong Kok and will run for two days. Photo: Sam Tsang

Hong Kong economy

Hong Kong can woo South American companies with sourcing, tech support: experts

City leader departs for Peru to join Apec summit, says there is ‘significant room’ for Hong Kong and South America to develop trade ties.

13 Nov 2024 - 8:30AM

This year’s Asia-Pacific Economic Cooperation summit will take place in Lima, Peru. Photo: AFP

Hong Kong economy

Hong Kong urged to deepen bay area ties, help region’s firms expand abroad

Recent bay area trade show that drew 2.26 trillion yuan in investments is a sign of revived investor confidence, observers say.

12 Nov 2024 - 8:19PM

Politics

Hong Kong will ‘deepen cooperation’ with other Apec members at Lima summit

City leader will also meet members of Regional Comprehensive Economic Partnership in Peru to bolster bid to join world’s largest free-trade pact.

12 Nov 2024 - 3:39PM

Politics

Hong Kong’s business leaders have autonomy but can contribute more: John Lee

City leader’s assurance follows call from Xia Baolong, Beijing’s point man on Hong Kong affairs, for the business sector to support growth.

12 Nov 2024 - 4:52PM

Kwai Chung Container Terminal. Xia Baolong, Beijing’s point man on Hong Kong affairs, has urged the business sector to support growth. Photo: Jelly Tse

Politics

Hong Kong to seek ‘win-win’ trade ties with US after Trump’s victory: John Lee

But chief executive says city will adopt bottom-line approach to protect legitimate rights and interests of Hong Kong businesses.

12 Nov 2024 - 9:40PM

Chief Executive John Lee has said Hong Kong will seek “win-win” trade ties with the US after Donald Trump’s victory. Photo: May Tse

Hong Kong economy

Hong Kong’s Greater Bay Airlines launches new route to Zhoushan

City offers direct route for travellers and pilgrims wanting to visit Mount Putuo, one of four mountains on the mainland sacred to Buddhists.

12 Nov 2024 - 7:36AM

Hong Kong economy

Firms setting up in Hong Kong shrug off fears over Trump’s return

Another 17 companies agree to establish presence in city, with several saying their investments show their confidence in local economy.

12 Nov 2024 - 4:38PM

Business

Lui Che-woo, property and casino magnate of K. Wah and Galaxy, dies at 95

Lui, the chairman of the K. Wah Group of companies, died peacefully on November 7, according to filings to the Hong Kong stock exchange by his companies.

13 Nov 2024 - 10:47AM

Lui Che-woo, the founder and chairman of K. Wah Group, during an interview in North Point, Hong Kong on 24 July 2017. Photo: David Wong

Banking & Finance

Exclusive | China’s vice-premier to lead delegation of bankers for HKMA’s finance summit

China’s Vice-Premier He Lifeng will lead delegation to the 2024 Global Financial Leaders Investment Summit in Hong Kong, two sources said.

11 Nov 2024 - 11:11PMvideocam

A video address by China’s Vice Premier He Lifeng during the Global Financial Leaders’ Investment Summit in Hong Kong on 7 November 2023. Photo: May Tse

Hong Kong economy

Will adding KPI target to tourism projects ensure Hong Kong doesn’t waste dollars?

Call comes after senior Beijing official Xia Baolong once again underscores need for government to improve offerings.

11 Nov 2024 - 11:42PM

Politics

‘Take action, don’t be bystanders,’ John Lee urges Hong Kong businesspeople

City leader echoes senior Beijing official Xia Baolong’s call on real estate tycoons and business leaders to take ‘concrete actions’.

11 Nov 2024 - 6:59PM

Hong Kong economy

Waiting time for Hong Kong public rental flats remains unchanged at 5½ years

Authorities say faster housing of applicants in New Territories counterbalanced by fewer homes available this quarter.

11 Nov 2024 - 4:31PM

Construction at Kai Tak. The government has said it aims to cut the waiting period for permanent and temporary public rental homes to 4½ years by the 2026-27 financial year. Photo: Elson Li

Hong Kong economy

University of Hong Kong to launch master’s degree in low-altitude economy in 2025

Professor Huang Lixi says course will mainly focus on three aspects: hardware, software, and economic aspects and policies.

11 Nov 2024 - 6:28PM

HKU will launch a master’s degree programme in the low-altitude economy next year. Photo: Xinhua

Business

Investors look past debt clean-up plan as minister pledges more proactive policy

A number of market participants say there is reason to believe that more economic relief is on the way.

11 Nov 2024 - 12:19PM

Hong Kong economy

Exclusive | Why didn’t Hong Kong set stricter rules to wipe out its notorious shoebox flats?

Setting a larger minimum size for subdivided flats would have meant delays in supplying homes to those affected, minister says.

11 Nov 2024 - 10:35AMvideocam

Politics

Hong Kong tycoons should take lead in reinventing city: Beijing official

‘Today’s world is not yesterday’s world, and Hong Kong cannot rely solely on its traditional advantages by relying on just one trick,’ Xia Baolong says.

10 Nov 2024 - 11:16PM

Xia Baolong, director of the Hong Kong and Macau Affairs Office, meets business leaders in Shenzhen on Friday. Photo: Handout

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