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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
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Hong Kong has more idle youngsters known as NEETs compared with other Asian economies. Photo: Jelly Tse
Hong Kong economy

Opting out: why does Hong Kong have more idle youth than its Asian peers?

Lawmakers and experts urge the government to expand training, especially in artificial intelligence, and review youth schemes to tackle emerging issues.

Hong Kong economy

Hong Kong signs 96 agreements with Kazakhstan and Uzbekistan worth US$1.65 billion

Hong Kong transport

MTR Corporation raises €3 billion in its first public euro green bond sale

Hong Kong economy

Direct Hong Kong-Almaty flights ‘will save travellers 10 hours, draw tourists’

Lawmakers say new route set to be launched next year will strengthen business ties and bring tourists to Hong Kong shores, with visa-free access under discussion.

Cathay Pacific will launch direct flights to Almaty in the first quarter of next year. Photo: May Tse
Cathay Pacific will launch direct flights to Almaty in the first quarter of next year. Photo: May Tse
Hong Kong economy

Direct flights between Hong Kong and Uzbekistan to launch this year, sources say

Direct flights between Hong Kong and Tashkent to start as talks begin on reciprocal 30-day visa-free stay agreement to boost trade, tourism and regional ties.

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

Kam takes over as head of the Hong Kong General Chamber of Commerce for one-year term.

Jacob Kam (left) shake hands with Agnes Chan as chamber deputy chairman Peter Lam Kin-ngok looks on. Photo: Dickson Lee
Jacob Kam (left) shake hands with Agnes Chan as chamber deputy chairman Peter Lam Kin-ngok looks on. Photo: Dickson Lee
Hong Kong economy

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

Trade Development Council chairman Frederick Ma points to Kazakhstan’s huge potential as it seeks to privatise state-owned companies.

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.

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.

People at a shopping centre in Mong Kok. Photo: Karma Lo
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.

Chief Executive John Lee (third right) and other officials attend a meeting with Baiterek National Investment Holding in Astana. Photo: Handout
Chief Executive John Lee (third right) and other officials attend a meeting with Baiterek National Investment Holding in Astana. Photo: Handout
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.

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 Investment Corporation CEO Clara Chan Ka-chai speaks at a forum at Regent Hong Kong on May 22, 2025. Photo: Jonathan Wong
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
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.

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.

Rent and accommodation costs topped the list of grievances among 19.2 per cent of mainland Chinese students polled. Photo: Jonathan Wong
Rent and accommodation costs topped the list of grievances among 19.2 per cent of mainland Chinese students polled. Photo: Jonathan Wong
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.

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.

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.

Yacht berths at Pak Sha Wan in Sai Kung. From next month, the Hong Kong government will allow yachts to anchor at designated waters without reserving a berth at private clubs or piers. Photo: Dickson Lee
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.

Yachts in Po Chong Wan in Aberdeen on Hong Kong Island. Photo: Elson Li
Yachts in Po Chong Wan in Aberdeen on Hong Kong Island. Photo: Elson Li
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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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's skyline Hong Kong regulators have ordered banks to strengthen compliance checks on mainland Chinese customers. Photo: Eugene Lee
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