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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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Singapore-listed Wee Hur Holdings acquired One Bedford Place in Tai Kok Tsui for HK$748.48 million. Photo: Handout
Hong Kong property

Singaporean investors snap up Hong Kong’s prime office assets

Investors from the Lion City unseated mainland Chinese in the second quarter, seizing distressed asset opportunities amid price corrections.

Hong Kong tourism

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

Hong Kong economy

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

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.

Potential buyers and estate agents line up at the sales office of Sun Hung Kai Properties' Garden Regency at the International Commerce Centre in West Kowloon on July 18. Photo: Edmond So
Potential buyers and estate agents line up at the sales office of Sun Hung Kai Properties' Garden Regency at the International Commerce Centre in West Kowloon on July 18. Photo: Edmond So
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.

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.

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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.

Financial Secretary Paul Chan (centre) at LEAP East 2026 earlier this month. Photo: Handout
Financial Secretary Paul Chan (centre) at LEAP East 2026 earlier this month. Photo: Handout
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.

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.

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.

The M+ museum in the West Kowloon Cultural District. Photo: Winson Wong
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.

The Pixar Summer Fest features a water-themed parade and a range of themed frozen treats designed for the season. Photo: Elson Li
The Pixar Summer Fest features a water-themed parade and a range of themed frozen treats designed for the season. Photo: Elson Li
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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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.

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.

Patrons visit the Hong Kong Book Fair on Tuesday. Photo: Elson Li
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.

Spain celebrate their World Cup win against Argentina. Photo: Associated Press
Spain celebrate their World Cup win against Argentina. Photo: Associated Press
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.

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.

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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.

(From left) SCMP senior correspondent Natalie Wong; Kenneth Gaw, managing principal of Gaw Capital Partners; Sean Glodek, vice-chairman of CT Bright Holdings; Lai Lipeng, co-founder and chief innovation officer of Xtalpi; Executive Council member Jeffrey Lam; and Steven Xiao, deputy head of enterprise business of China Mobile International. Photo: Nora Tam
(From left) SCMP senior correspondent Natalie Wong; Kenneth Gaw, managing principal of Gaw Capital Partners; Sean Glodek, vice-chairman of CT Bright Holdings; Lai Lipeng, co-founder and chief innovation officer of Xtalpi; Executive Council member Jeffrey Lam; and Steven Xiao, deputy head of enterprise business of China Mobile International. Photo: Nora Tam
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.

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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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.

Lalamove and Lalamove are collaborating to capitalise on Hong Kong’s push to develop a low-altitude economy. Photo: Sam Tsang
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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A dog owner with her pets visit a restaurant in the West Kowloon Cultural District. Photo: Jelly Tse
A dog owner with her pets visit a restaurant in the West Kowloon Cultural District. Photo: Jelly Tse
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.

Hong Kong tourism

Short-haul arrivals fall 15% in June amid strong Hong Kong dollar, fewer flights

City receives 3.72 million visitors last month, driven largely by 10 per cent rise in mainland Chinese arrivals to 2.88 million.

Hong Kong economy

Hongkongers’ new pet peeve over dogs at diners sparks calls for tougher vetting

Viral videos showing dogs licking plates and sitting on tables and chairs have drawn widespread criticism.

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Customers enjoy a meal with their dog in tow at Old Fung Tea House in Mong Kok. Photo: Sam Tsang
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