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The latest news, analysis and opinion on Hong Kong. In-depth analysis, industry insights and expert opinion.
Head of Government
Chief Executive John Lee
John Lee
Unicorns typically refer to privately held start-up companies that have achieved a valuation of over US$1 billion. Photo: Shutterstock Images
China’s private sector

China’s unicorns rise to 381 as ByteDance ranks in top 3 globally: Hurun index

The tech firm is valued behind only OpenAI and Anthropic – while DeepSeek enters the global top 15.

Crime in Hong Kong

Football players, coaches among 19 arrested over match-fixing and illegal betting

Social media

Video | Online hide-and-seek game takes to Hong Kong’s streets

Banking & finance

Hong Kong reports 36% rise in FDI inflows so far this year, InvestHK data shows

A total of 413 companies set up or expanded their businesses in the city in the first six months of the year.

Hong Kong’s Chief Executive John Lee speaks at the annual InvestHK reception on Tuesday. Photo: Handout
Wealth Report

Tech pioneers flocking to Hong Kong thanks to revamped listing rules

An AI-driven surge of Chapter 18C listings has pushed HKEX past New York in IPO fundraising, but how has the listing route impacted economic growth?

Hong Kong courts

Hong Kong beautician pleads guilty to luring 2 women into Myanmar scam factory

Victims offered free flights, accommodation and reward for transporting 48 million baht before being ‘sold’ to compound.

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China exports

‘Too many uncertainties’: why China’s exporters remain wary despite US-Iran deal

Traders and logistics companies fear disrupted supply chains and doubts about the agreement’s durability will continue to weigh on business decisions.

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A cargo ship remains anchored on May 16 in the Strait of Hormuz near Larak Island, Iran. Photo: Getty Images
Accidents and personal safety

Woman dead after fire at Hong Kong flat, 3 others hospitalised

Fifty-year-old pronounced dead at Kwong Wah Hospital after fire at Ho Man Tin’s Valiant Court on Friday morning.

Hong Kong’s Tai Po fire tragedy

Buy-back offer officially extended to sole tower spared in Tai Po blaze

Wang Fuk Court administrator also agrees to hold owners’ meeting in July after declining to challenge Lands Tribunal ruling over postponement.

Hong Kong property

Penthouse in Hong Kong’s Mid-Levels sells for US$48.5m, sets pricing benchmark

The record per square foot pricing for new homes this year highlights the growing momentum in the city’s luxury property market.

CK Asset has now sold four mansions at 21 Borrett Road for a combined HK$1.05 billion. Photo: May Tse
Accidents and personal safety

Hong Kong police arrest minibus driver after cyclist killed in collision

Cyclist found unconscious after crash in Ta Kwu Ling on Friday and later pronounced dead in North District Hospital.

The cyclist was found unconscious after the accident. He was later pronounced dead at North District Hospital in Sheung Shui. Photo: Roy Issa
Hong Kong healthcare and hospitals

Hong Kong to raise share of Medical Council lay members to 31%, set inquiry time

Proposal aims to foster more diverse participation, while time frame for complaints to be made public will also be set, health minister says.

Hong Kong healthcare and hospitals

Exclusive | Why having more foreign-trained doctors in Hong Kong won’t threaten local ones

Health minister Lo Chung-mau says city lacks doctors trained in certain branches but hospitals will always prioritise local hires.

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Hong Kong weather

Hong Kong hiker struck by lightning amid shifting rainstorm warning signals

Man suffers leg injury after lightning strike on Lantau Peak as fluctuating rainstorm warnings force afternoon class suspensions across the city.

The Hong Kong Observatory has issued a red rainstorm warning as education authorities announced the suspension of afternoon classes. Photo: Dickson Lee
SCMP Highlights

Breakthrough in US-Iran talks; Japan visa hike to affect Chinese: 7 highlights

From deadly school shooting in Philippines to a Chinese man jailed for breeding 300 snakes, here are highlights from SCMP’s recent reporting.

Chinese tourists pose for photographs while dressed in kimonos at the Sensoji Temple in the Asakusa district of Tokyo. Photo: AFP
Hong Kong stock market

Hang Seng Index caps worst week in over a year amid tech sell-off

Signs of an unwinding of record-high leveraged bets on AI stocks in South Korea and Taiwan sours sentiment in Asian trading.

Hong Kong stock exchange

Letters | Hong Kong should rethink the push for 24-hour stock trading

Readers discuss the complications that can arise with a stock exchange that never sleeps, and bracing for El Nino’s impact on Asia.

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Accidents and personal safety

Labour authorities probe case of worker fatally crushed by construction vehicle

Man run over in industrial accident at Kowloon Bay Sports Ground on Friday morning.

The worker was crushed under the vehicle on the running track at Kowloon Bay Sports Ground. Photo: Dickson Lee
Hong Kong economy

Hong Kong’s big economic dreams: what’s the reality and where do poor fit in?

Experts and industry leaders say thriving stock market and other robust macroeconomic indicators point to success but mask pain points.

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Hong Kong politics

Exclusive | Hong Kong’s own drug regulator pushes ahead with hiring, seeks WHO recognition

Health chief says the city is aiming to approve drugs independently by 2030 as it builds capacity and courts global pharmaceutical companies.

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From our archives

In pictures: 50 years of Hong Kong lottery Mark Six

Fancy a flutter? Discover the Mark Six lottery’s half-century journey, from tackling illegal gambling to record payouts.

People fill in Mark Six lottery tickets in a betting shop in 1977. Photo: SCMP Archives
Hong Kong economy

Editorial | Hong Kong villages can thrive alongside Northern Metropolis

Greater planning flexibility has the potential to boost the rural economy and provide more tourist amenities.

An aerial view of Ho Sheung Heung in the Northern New Territories, seen on June 21. Photo: Karma Lo
Food and Drinks

Bear’s paw, monkey brain? Not in this US$2,000 Manchu-Han banquet in Hong Kong

Chef who was part of the team behind the 1977 ‘imperial’ feast in Hong Kong is planning a modern interpretation, minus the taboo ingredients.

Banking & finance

Hong Kong’s IPO Connect push: why investors see it as the next frontier

Calls grow to further expand Hong Kong’s connect scheme with mainland China markets amid drive for deeper capital flows.

Hong Kong stock market

HKEX pushes deeper into index business as AI reshapes Hong Kong market

The bourse wants proprietary indices to better capture China’s technology boom as traditional Hong Kong benchmarks trail regional peers.

Hong Kong Exchanges and Clearing at Exchange Square in Central. The bourse is expanding its index business with proprietary benchmarks and new investment products. Photo: Jelly Tse
Education in Hong Kong

Opinion | Why Hong Kong’s bilingualism is uniquely indispensable in the AI era

Hong Kong’s ability to triangulate truth across two knowledge systems was cultivated over centuries. It is a critical asset today.

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Bilingual signage on the West Kowloon Law Courts Building. Hong Kong’s lived, structural bilingualism, in courtrooms and classrooms, has cultivated a reflex to cross-check information. Photo: Dickson Lee
C-Suite Content Hub

Rewriting the Intelligence Map

Votee AI, led by CEO Pak-Sun Ting, combats the “AI data desert” by building sovereign, enterprise-grade architecture for underrepresented languages. Starting with a native Cantonese model, the company prioritises rigorous compliance and cultural preservation to empower underserved global communities.

By
SCMP C-Suite
C-Suite Content Hub

Navigating the Leviathans: Professor John Mearsheimer and the resurgence of great power politics

At a recent SCMP Plus fireside chat in Hong Kong, political scientist Professor John Mearsheimer discussed global power dynamics. He analyzed the structural realities of great power competition, specifically examining Middle East diplomacy and the complexities of the ongoing US-China systemic rivalry.

By
SCMP C-Suite
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