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Hong Kong economy

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Hong Kong economy
Breaking news and analysis on Hong Kong's economy and the companies that operate in the city, including its GDP, economic outlook, impact of the coronavirus outbreak, macroeconomic indicators, the local government finance and budget, retail sales, consumption, employment and monetary policy.
A Yivtol electric vertical take-off and landing (eVTOL) aircraft at InnoEx 2026 at the Hong Kong Convention and Exhibition Centre in Wan Chai on April 14, 2026. Photo: Eugene Lee
Shenzhen

Shenzhen aircraft takes flight in Hong Kong under pioneering insurance plan

Shenzhen’s eVTOL aircraft secures cross-border insurance for Hong Kong flights, boosting the Greater Bay Area’s low-altitude economy.

Chinese offshore investment

Beijing targets offshore tax dodging, intensifying cross-border capital scrutiny

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Hong Kong

Hong Kong Book Fair draws 1 million visitors, but sellers say many were browsers

Hong Kong stock market

SpaceX slump fails to dent Hong Kong tech as investors seen pivoting

Heavyweights such as Alibaba gain as analysts bet on business models of locally listed tech companies that differ from US counterparts.

Bull statues are seen near screens showing stock prices in Hong Kong. Photo: Reuters
China’s private sector

Fifa effect: Hong Kong developers bet on sport fever to keep shoppers spending

Neighbourhood malls to host year-round events encouraging consumers to open their wallets after World Cup mania delivers double-digit gains.

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Hong Kong politics

Legco newcomers raise fewer questions but have better attendance

Miramar Group’s Alan Chan and athlete-turned legislator Vivian Kong among those who submitted fewest questions to government.

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Hong Kong society

9 tickets, 110 warnings issued after construction site smoking ban takes effect

Authorities have inspected over 200 construction sites since the ban began on Friday last week, labour commissioner says.

Workers put their cigarettes and lighters inside designated lockers before entering a construction site in To Kwa Kwan. Photo: Elson Li
Hong Kong society

Residents struggle on without fresh water after pipe repairs further delayed

Hong Kong authorities push back target time, as residents in Eastern district brave rain to fetch water from wagons.

Fifa World Cup 2026

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.

Hong Kong society

Opinion | Is Hong Kong doing enough to lose its top spot for expensive housing?

For all the city’s recent successes, the benefits are not translating to more affordable lives for many Hongkongers.

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The monthly rent for this cage home in Sham Shui Po, measuring less than 20 sq ft in size, was HK$2,500 in 2024. Photo: Dickson Lee
Hong Kong

Editorial | Upgraded border crossing will boost Hong Kong-Shenzhen connectivity

Hong Kong’s jurisdiction over part of Huanggang Port, poised to cut passenger clearance times, is a historic milestone in integration with the mainland.

A view of the main structure of the Joint Inspection Building at Huanggang Port, in Shenzhen, Guangdong province, on April 22. Photo: Edmond So
Stocks

Editorial | Caution warranted over tech threat, investors’ AI exuberance

Hong Kong and mainland China have the expertise to prepare for an AI market downturn and the security threat of quantum computers.

Hong Kong

Opinion | Hong Kong’s 5-year plan will shore up market with governance and vision

The government’s role is to reduce uncertainty through strategic direction, institutional coordination and infrastructure investment.

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Hong Kong

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.

Visitors try out products at AI+ Power 2026, Hong Kong’s largest artificial intelligence expo and conference. Photo: Jonathan Wong
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.

The campaign uses a palette of 16 colours inspired by local landmarks and cultural symbols. Photo: HKTB
Hong Kong

Hong Kong will press ahead with dog-friendly dining despite backlash, pullouts

Secretary for Environment and Ecology Tse Chin-wan says authorities will step up inspections and public education to reduce rule violations.

Hong Kong property

Hong Kong’s property market outlook cools amid capital outflow crackdown

Secondary residential market faces uncertainty following a strong first half, as Beijing’s capital outflow crackdown cools sentiment.

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Artificial intelligence

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
Family offices

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

Opinion | Hong Kong’s 5-year plan must focus on what the city does best

Integration, connectivity and contribution to the national economy are the city’s tried and tested ingredients of success.

Hong Kong tourism

Video | Can Hong Kong win local shoppers back from the mainland?

Beyond bargains, the city’s edge lies in its cultural connection with local customers.

Hong kong
09:07
Fifa World Cup 2026

Editorial | World Cup has showcased the beautiful game despite some ugly moments

While high ticket prices, visa issues and a Trump intervention cast a shadow on the tournament, the engrossing competition has also brought people together.

Buddhist Chi Lin Primary School’s “World Cup Round of 16 Family Fun Day” in Tseung Kwan O, Hong Kong, on July 12, with students and their parents cheering for their favourite team during the Argentina vs Switzerland game. Photo: Dickson Lee
Pets in Hong Kong

Editorial | Pets offer Hong Kong a new growth industry – and more

Beyond representing a new silver economy, pets deliver a social dividend by helping fight the loneliness and inactivity associated with ageing.

European Union

Opinion | As the UK discusses an EU return, Hong Kong offers lessons

Like Hong Kong, which functions as a special administrative region of China, could the United Kingdom rejoin the European Union with a special administrative name?

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US-China relations

US lets Hong Kong emergency expire but keeps preferential treatment restrictions

State Department says 2020 order remains in effect as city still lacks sufficient autonomy for different treatment from mainland China.

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Hong Kong is one of Asia's leading international financial centres. Photo: AFP
Hong Kong property

Hong Kong’s prime office space finds support but noncore demand lags

Demand in Central and Admiralty is picking up, but vacancies of up to 30 per cent and tight bank lending continue to weigh on noncore areas.

View of Admiralty from the Bank of China Tower's top floor. Demand for prime office space in Central and Admiralty picked up in the first half of the year. Photo: Robert Ng
Hong Kong society

Hong Kong passes bill for Huanggang ‘co-location’ arrangement

Upgraded border crossing will be the first to use a ‘joint-clearance’ model.

Food and Drinks

Letters | Why transparency on pre-made meals would help Hong Kong dining

Readers discuss diners’ expectations of transparency and accountability, teaching children not to waste food, and dog-friendly restaurants.

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