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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
The IMF has said the Hong Kong dollar’s 41-year peg to the US dollar “remains the appropriate arrangement” given the city’s highly open economy and large financial services industry. Photo: Elson Li
Hong Kong economy

Hong Kong urged to spend ‘smarter’ after IMF backs city’s saving efforts

Experts make call a day after report from IMF also advises tax revenue boost to tackle mounting spending pressures as population ages.

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Hong Kong economy

Hong Kong’s leader calls on entrepreneurs to seize opportunities over border

Hong Kong economy

Hong Kong’s Golden Harvest restores ticket sales for 4 cinemas

Hong Kong housing

Hong Kong cultural district’s housing scheme to include more arts elements

District councillors express concerns the proposed residential development may undermine art hub’s image.

The West Kowloon Cultural District Authority is proposing to build seven residential blocks in the area. Photo: Jelly Tse
The West Kowloon Cultural District Authority is proposing to build seven residential blocks in the area. Photo: Jelly Tse
Hong Kong economy

Hong Kong urged to issue more bonds and dip into reserves to tackle deficit

University of Hong Kong’s Business School says government can afford to issue more bonds and ‘moderately’ reduce reserve levels to tackle HK$100 billion deficit.

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Hong Kong economy

Hong Kong’s Paul Chan meets Asean chief to promote city’s links with bloc

Finance chief ends visit to Indonesia, as survey of 600 Greater Bay Area companies finds strength of city’s connectivity with bloc has risen.

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Hong Kong economy

Hong Kong ticket tout crackdown urged after lack of convictions revealed

Lawmakers express concern over the impact of scalpers on the city’s mega-event tourism.

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An advertisement promoting Coldplay’s “Music of the Spheres” world tour. Photo: Elson Li
An advertisement promoting Coldplay’s “Music of the Spheres” world tour. Photo: Elson Li
Hong Kong economy

Tap Hong Kong fundraising potential, Paul Chan tells Indonesian business elites

Finance chief calls on companies to take advantage of city’s capital markets, but one business lobby group warns that firms are unclear why they should.

Hong Kong economy

Hong Kong urged to tune into ‘concert economy’ as shows attract 4 million

Big pop concerts held in 2023 and 2024 attracted over 4.2 million spectators, including more than 1.5 million visitors, tourism minister says.

Hong Kong economy

Hong Kong’s West Kowloon hub proposes to build 1,995 flats to ease burden

Project, which consists of seven residential buildings, is seen as a way to ease the arts hub’s financial strain.

The West Kowloon Cultural District has proposed to build 1,995 flats. Photo: Jelly Tse
IPO

Hong Kong makes overture to Indonesian companies to raise capital

Companies in Southeast Asia’s most populous nation should find Hong Kong’s capital market an ‘attractive and advantageous’ place for raising funds, Paul Chan said.

Hong Kong Financial Secretary financial secretary Paul Chan Mo-po in Jakarta. Photo: SCMP Pictures
Hong Kong Financial Secretary financial secretary Paul Chan Mo-po in Jakarta. Photo: SCMP Pictures
Hong Kong economy

‘High hopes’: how Hong Kong can make waves in the cruise industry

Setting up exhibits at terminals and making sure cruise ships sail in a certain direction to maximise views are among suggestions.

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Hong Kong economy

Hong Kong’s Paul Chan on Indonesia mission as city’s firms eye huge market

Financial secretary has arrived in Jakarta with a business delegation to promote Hong Kong’s advantages to local companies.

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Hong Kong economy

Hong Kong’s ambitious plan to build 3 artificial islands set for another delay

Development chief refuses to set starting date for reclamation work for HK$580 billion project as government grapples with ballooning deficit.

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The Lantau Tomorrow Vision calls for the creation of the city’s third central business district and up to 210,000 homes for 550,000 residents. Photo: Handout
Hong Kong housing

District councillors oppose first project under Hong Kong land sharing scheme

More than 10 council members oppose plan to build over 1,700 homes in Tai Po, citing transport capacity concerns.

The proposed housing project would be built on two sites along Lo Fai Road and Ting Kok Road. Photo: Jelly Tse
The proposed housing project would be built on two sites along Lo Fai Road and Ting Kok Road. Photo: Jelly Tse
Hong Kong tourism

100,000 spectators expected at Hong Kong Lunar New Year float parade

Night parade will be held on the first day of the Year of the Snake, showcasing 55 performance groups, including K-pop band Kep1er.

Hong Kong economy

Hong Kong to ease asset requirements in cash-for-residency scheme

Changes also aimed at bolstering city’s status as family office hub, but questions remain over whether Hong Kong can lure business away from Singapore.

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Hong Kong economy

Hong Kong expo footfall ‘back to pre-pandemic levels’ but no sales boost

Hong Kong Brands and Products Expo draws 1.3 million visitors, but sales expected to remain flat at around HK$1 billion.

Vendors put up last-minute bargains on the last day of the Hong Kong Brands and Products Expo in Victoria Park. Photo: Sam Tsang
Vendors put up last-minute bargains on the last day of the Hong Kong Brands and Products Expo in Victoria Park. Photo: Sam Tsang
Hong Kong economy

Civil servant pay cut to reduce Hong Kong deficit ‘counterproductive’: experts

Lawmaker and academic warn against cutting wages, suggest delaying minor infrastructure projects instead.

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Mandatory Provident Fund (MPF)

Hong Kong’s 2024 pension gained 13% at best pace in 4 years

The increase of HK$102.4 billion (US$13 billion) works out to HK$21,500 per member, says MPF Ratings.

IPO

Hong Kong exchange’s IPO reforms would draw more listings, bankers say

HKEX proposals on public float and allocation requirements would help city draw more listings, institutional investors, UBS says.

Hong Kong bourse operator Hong Kong Exchanges and Clearing is based in Exchange Square in Central, pictured on June 24, 2022. Photo: Dickson Lee
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OPINION
Christopher Tang

Opinion | Hong Kong can boost tourism by repositioning itself as gateway to Asia

Christopher Tang
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Winnie Ho Wing-yin

Opinion | How government plans to improve lot of Hongkongers in poor housing playing

Winnie Ho Wing-yin
Timothy J. Peirson-Smith

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Timothy J. Peirson-Smith
Kai-Lung Hui

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Kai-Lung Hui
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Regina Ip
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Quentin Parker
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