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

Hong Kong tourism

Global tourism push promotes Hong Kong as city to be ‘felt’ not just seen

Hong Kong

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

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.

A pedestrian walks past a property agency in Quarry Bay as Hong Kong home prices rise for the 11th straight month on May 27, 2026. Photo: Karma Lo
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.

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.

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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.

The Star Ferry sails past the Central district skyline in Victoria Harbour, on July 1. Photo: AFP
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.

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.

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.

Cats and their owners meet the media during a Hong Kong Cat Expo 2026 press conference at the Hong Kong Convention and Exhibition Centre in Wan Chai on July 13. Photo: May Tse
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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Workers remove a Union Jack flag, near the Elizabeth Tower, commonly known as Big Ben, on May 14. Photo: Reuters
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 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.

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.

The redeveloped Huanggang border crossing building is located in Shenzhen. Photo: Edmond So
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.

Tourists pack seafood restaurants in Sai Kung on May 2, during the Labour Day golden week holiday. Photo: Dickson Lee
Banking & finance

How AI and chip boom is propelling Hong Kong’s ETP market to new heights

Hong Kong is already the world’s fourth-largest market for exchange-traded products, and the rapid growth in trading is set to continue, director says.

Hong Kong society

Opinion | Why Hong Kong needs to stop measuring itself against its past

Successful global cities are defined by their ambition and measure themselves against the world’s best rather than their past.

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Hong Kong transport

Is Hong Kong kicking the can down the road with ride-hailing quota?

Authorities expect 10,000-vehicle cap will meet demand but critics warn it may lead to shortages, higher fares and public dissatisfaction.

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Illustration: Henry Wong
Hong Kong property

Retail rift: Hong Kong shops beg for rent relief, landlords hold firm

As closures continue despite rising retail sales, landlords and operators have starkly divided views on the retail leasing market.

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Hong Kong

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.

Tourists visit the Avenue of Stars in Tsim Sha Tsui on July 1, the city’s handover anniversary day. Photo: Jelly Tse
Hong Kong transport

Hong Kong set to invite ride-hailing firms to apply for licences in August

Transport minister Mable Chan sets down timeline as lawmakers complete negative vetting for ride-hailing legislation.

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An Uber cab passes a taxi stand in Tsim Sha Tsui. Photo: Jelly Tse
Hong Kong

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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Banking & finance

HKIC reports double-digit investment return as ‘patient capital’ bears fruit

The government-owned investment firm generated nearly HK$6.5 billion in its second year, as Hong Kong’s economic vision begins to take shape.

Education in Hong Kong

DSE candidates overcome physical challenges to achieve hard-earned results

Tam Chun-yu, who has cerebral palsy, typed his answers with one finger while Liu Pong-faat has difficulty writing but completed his exams.

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Tam Chun-yu used a mobile phone to answer exam questions. Photo: Jelly Tse
Hong Kong International Airport

Hong Kong airport profit falls 16.8% to HK$2b as expenses, salvage operation bite

But passenger throughput, aircraft movements, cargo and airmail volumes all saw growth despite ongoing geopolitical trade tensions.

Hong Kong International Airport's Terminal 2 opened to travellers in May. Photo: Sam Tsang
Cathay Pacific

Cathay to add 4 Latin American destinations via Madrid code-share with Iberia

Passengers will be able to travel to Fortaleza and Recife in Brazil, Buenos Aires in Argentina and the Dominican Republic under arrangement.

Stock Connect

Opinion | Connect scheme for gold shines light on China’s financial liberalisation

The Connect model has evolved from isolated reforms into a blueprint for China’s financial opening up, with Hong Kong as the bridgehead.

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