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Hong Kong Economy

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Hong Kong housing
Hong Kong property
Tourism
Parallel trading
Hong Kong stock exchange
Hong Kong land sale
Property investment
Workers remove scaffolding nets from a building in Hong Kong. Photo: Dickson Lee
Hong Kong’s Tai Po fire tragedy

Including suppliers in new Hong Kong rules on scaffolding nets ‘overreaching’

Secretary for Development Bernadette Linn also says there is no need for an across-the-board switch from bamboo to metal scaffolding.

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Hong Kong economy

Hundreds flock to Fortnum & Mason’s Hong Kong branch closing sale

Hong Kong economy

Hong Kong’s finance chief confirms early surplus, vows more elderly support

Hong Kong property

Hong Kong’s SHKP set to continue sell-out streak at Sierra Sea: agents

Homebuyers snap up 194 of the 262 new flats on offer at Sierra Sea’s Phase 2A as of 8pm on Saturday, according to agents.

Sun Hung Kai Properties’ massive Sierra Sea development has witnessed strong homebuyer demand since sales started in 2025. Photo: Jonathan Wong
Sun Hung Kai Properties’ massive Sierra Sea development has witnessed strong homebuyer demand since sales started in 2025. Photo: Jonathan Wong
Hong Kong economy

Hong Kong sets up 13-member expert panel to help mainland firms expand overseas

Establishment of Expert Committee on Professional Services for Going Global builds on new platform to help match local providers with firms.

Hong Kong economy

Fortnum & Mason’s Hong Kong branch to close on January 25, holds clearance sale

‘We would like to express our deepest thanks to you, our customers, for your custom over the years,’ Hong Kong branch says.

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Hong Kong economy

The Drone Age: hi-tech wizardry propels Hong Kong towards lift-off

As Hong Kong prepares to enter the era of flying taxis, key players roll out groundbreaking innovations at the cutting edge of technology.

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Illustration: Lau Ka-kuen
Illustration: Lau Ka-kuen
Hong Kong economy

Thousands of passenger, cargo drones will fill Hong Kong skies in decade: expert

Mainland Chinese eVTOL leader AutoFlight will spread wings in Hong Kong amid global push into flying taxi market.

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Hong Kong property

Hong Kong politician Bunny Chan buys Stanley homes for US$40 million

Businessman and National People’s Congress deputy gets nine-unit property at a 44 per cent discount, says market has bottomed out.

Hong Kong economy

Exclusive | Is your PayMe history public? Hong Kong watchdog probes HSBC app privacy risks

One of Hong Kong’s largest e-payment apps, PayMe serves more than 100,000 local and online merchants, from retail shops to taxis across city.

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PayMe has 3.2 million users and serves more than 100,000 local and online merchants. Photo: Photo: Handout
Hong Kong society

Hong Kong’s embattled Urban Renewal Authority raises HK$8 billion in bond sale

Cash-strapped authority sells two tranches of bonds, one worth HK$5 billion with five-year term and other for HK$3 billion with 10-year term.

This sale marks the URA’s return to the bond market for the first time since August 2024. Photo: Sun Yeung
This sale marks the URA’s return to the bond market for the first time since August 2024. Photo: Sun Yeung
Hong Kong economy

Hong Kong toy fair unveils new pavilion for collectors and global brands

150 local and international IP collectibles to be showcased at Hong Kong Toys & Games Fair, which will run alongside baby products and stationery exhibitions.

Hong Kong economy

Lantau site eyed for Hong Kong’s first aircraft dismantling plant: sources

Site at To Kau Wan deemed suitable because of proximity to airport and access to existing infrastructure, including roads and pier, sources say.

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Cathay Pacific

Air China’s HK$1.32 billion Cathay stake sale ‘tactical’: Hong Kong carrier CEO

Cathay Group CEO Ronald Lam also assures Air China will remain long-term strategic shareholder, as carrier unveils 80th anniversary events.

Cathay Group CEO Ronald Lam (fifth from right) has unveiled 80th anniversary events. Photo: Oscar Liu
Hong Kong economy

Hong Kong film Back to the Past rakes in record HK$45 million in first week

Time travel movie beats A Guilty Conscience and The Last Dance to become highest-grossing film in opening week, amid box office gloom in city.

Commuters walk past a poster for Back to the Past at Mong Kok MTR station. Photo: Edmond So
Commuters walk past a poster for Back to the Past at Mong Kok MTR station. Photo: Edmond So
Hong Kong economy

Tender for Hong Kong’s Central Harbourfront Event Space opens with stricter KPIs

Lawmaker says it is reasonable for government to impose additional conditions on future tenant, given location’s role in promoting city’s image.

Hong Kong economy

Hong Kong McDonald’s serves up 3% pay rise for some staff amid menu price increase

Others also receive a HK$500 bonus to mark the fast food giant’s 50th anniversary in the city, alongside price increases on select menu items.

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Banking & finance

The ‘biology winter’ thaws: why investors are buying Hong Kong’s biotech IPOs

A wave of China out-licensing deals is feeding a biotech comeback in Hong Kong, where IPOs and follow-on placements are surging.

Healthcare firms now account for about a fifth of the more than 300 listing applications in the city. Photo: Shutterstock
Healthcare firms now account for about a fifth of the more than 300 listing applications in the city. Photo: Shutterstock
Robotics

China’s humanoid robot makers, Hong Kong start-ups set to dazzle CES 2026

Nearly a dozen Chinese humanoid robot makers are expected at the trade show, while Hong Kong sends its largest-ever delegation.

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Hong Kong property

Hong Kong office leasing rebound lifts outlook for 2026, but rents still subdued

Hong Kong’s office sector showed muted signs of life in 2025, although stabilisation will be the dominant theme of 2026.

Banking & finance

Exclusive | HKMA teams up with SFC, Insurance Authority to promote fintech over next 5 years

The HKMA is expanding the city’s generative AI sandbox to include other industries, chief executive Eddie Yue Wai-man says.

Hong Kong Monetary Authority chief executive Eddie Yue Wai-man. Photo: SCMP
Hong Kong economy

Hongkongers flock to say goodbye as landmark department store closes

Close of Sincere’s Sham Shui Po branch, a neighbourhood fixture for 30 years, leaves chain with only two remaining outlets.

Bargain hunters pack the Sham Shui Po branch of Sincere Department Store on its last day of operations. Photo: Sam Tsang
Bargain hunters pack the Sham Shui Po branch of Sincere Department Store on its last day of operations. Photo: Sam Tsang
Hong Kong tourism

Hong Kong records 72% jump in mainland Chinese tourists over long New Year break

Immigration data shows 659,090 mainland visitors entered Hong Kong between New Year’s Eve and Saturday, accounting for 79 per cent of tourist arrivals.

Hong Kong economy

Hong Kong to boost tech, financial services integration during AI boom: Paul Chan

Minister hails city’s role as global capital market for mainland Chinese tech firms, citing AI chipmaker Biren’s 82 per cent gains at debut.

Hong Kong economy

Hong Kong firm sanctioned by US in Venezuela crackdown found to use bogus address

Post finds vacant offices, shared secretaries in US-hit Hong Kong firms tied to Venezuelan oil exports, as namesake local company fears backlash.

US sanctions have targeted Hong Kong firms over Venezuela oil tanker links. Photo: Juan Carlos Hernandez
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