Macau
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Macau

Macau
Macau
Macau is a former Portuguese colony, and in 1999 it became a special administrative region of China. Its economy relies heavily on tourism, specifically the gambling industry, whose revenue has made Macau the world's largest casino market.
Head of Government
Chief Executive Ho Iat Seng
last updated:
6 January, 2025
A view of Kai Tak Sports Park on January 15. Photo: Eugene Lee
Kai Tak Sports Park

Letters | We’ve built Kai Tak Sports Park. Now, to keep crowds coming

Readers discuss how to fill the city’s new premium venue, what to do about Uber, and vaccine management protocol.

Bonds

Hong Kong can become multicurrency bond hub with Beijing’s support: experts

Digital currencies

Hong Kong bitcoin ETFs could open to some mainland investors under new measures

Banking & finance

HSBC unveils 25-storey tower in Qianhai to drive cross-border collaboration

The bank says it sees ‘huge potential for economic and trade cooperation between Guangdong and Hong Kong’.

HSBC’s HyQ office tower in Qianhai. Photo: Handout
Bonds

Hong Kong and Macau link bond systems to create larger market

Four new bond issuances worth 3.2 billion patacas (US$401 million), plus 18 secondary-market transactions, settled on first day of linkage.

Kai Tak Sports Park

Letters | Hong Kong may be space-challenged but mustn’t limit its ambition

Readers discuss the opportunities for the city’s sports tourism, the need for a new first-class tennis facility, and how to break up the scamming industry.

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Hong Kong politics

Hong Kong’s ‘high tolerance’ of diverse views key to city’s success: minister

Justice minister Paul Lam says press freedom and free flow of information are essential to city’s global financial hub status.

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Secretary for Justice Paul Lam (centre, front) attends the Hong Kong News-Expo’s sixth anniversary symposium. Photo: Nora Tam
SCMP Exclusives

Wynn looks to Vegas to help revamp Macau’s US$28 billion casino economy

Macau seeks to source 60 per cent of its revenues from non-gaming sectors by 2028, from 20 per cent at present.

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Insurance

Hong Kong life insurance bonanza driven by local buying; overseas buyers rise

New life insurance sales in the first nine months of 2024 stood at HK$169.6 billion (US$21.8 billion), the highest since the authority set up in 2016.

Hong Kong politics

Tycoon Kadoorie ‘spearheads US$50 million drive to promote Hong Kong worldwide’

Kadoorie met other tycoons three weeks ago to share his grand plan, source says.

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It will be hard to change people’s view of Hong Kong with foreign politicians and media sending different messages, an academic says. Photo: Sam Tsang
From our archives

When Madonna and Sean Penn were in Hong Kong to shoot Shanghai Surprise

The Queen of Pop was in town in early 1986 to shoot scenes for her latest film and had managed to give media the slip, until a Post photographer spotted them dining at a restaurant in Central.

Madonna and her actor husband Sean Penn were snapped by an intrepid Post photographer dining in the Godown restaurant in Central during her trip to Hong Kong in early 1986 to shoot the film Shanghai Surprise. Photo: SCMP Archives
Hong Kong tourism

Shenzhen residents make 1 million trips to Hong Kong since return of visa scheme

Mainland authorities have issued 299,000 multi-entry permits to Hong Kong since December 1.

Tourism

China’s Hainan island seeks rapper’s delight with invites to US stars

The authorities are hoping to turn the island province into a major music destination after Kanye West sold out two shows last year.

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Hong Kong healthcare and hospitals

Hong Kong hospital admits first patient via cross-border ambulance scheme

Patient with chronic bronchitis transferred from University of Hong Kong-Shenzhen Hospital in Futian to Tuen Mun Hospital.

The ambulance from the University of Hong Kong-Shenzhen Hospital is parked at the accident and emergency department at Tuen Mun Hospital. Photo: Jelly Tse
Hong Kong politics

Xi’s orders for Macau serve as reference for Hong Kong, Beijing official says

Xia Baolong also calls on Hong Kong and Macau to fully unleash the benefits of the ‘one country, two systems’ governing principle.

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The president’s recent remarks on Macau also apply to Hong Kong, a senior Beijing official says. Photo: Eugene Lee
Banking & finance

Investing in small businesses an option for wealth funds, Charles Li says

Micro Connect pooled more than 11,000 stores and 688 brands in China in 2023, sharing US$113.2 million of revenue with investors.

Hong Kong society

Hong Kong, Macau passport holders hit online snag for UK travel e-permit

Attempts to list Hong Kong or Macau as passport’s place of issue or applicant’s nationality triggers pages stating such document holders are ‘not eligible’.

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Food and Drinks

7 Hong Kong restaurants newly awarded in Black Pearl Restaurant Guide 2025

37 Hong Kong restaurants are on the Michelin-equivalent list published by Meituan, among them The Chairman – now a three-diamond-rated spot.

Smoked camphor goose at The Chairman. The Hong Kong restaurant earned a third diamond in the Black Pearl Restaurant Guide 2025 published by Meituan, which rates 37 restaurants in the city. Photo: The Chairman
Banking & finance

Opinion | How Macau’s rise as financial hub opens doors for Hong Kong

With its robust financial institutions and broad pool of investors, Hong Kong can play a vital role in incubating Macau’s financial market.

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Hong Kong economy

Letters | It’s only fair for operators to share costs of the HK$2 fare scheme

Readers discuss how transport networks have benefited from the subsidy, and happiness in Macau.

Hong Kong society

Young Hongkongers say adapting to mainland work culture key to smooth transition

Greater Bay Area youth job scheme offers opportunities, but some struggle to cope with fast pace, long hours.

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Illustration: Brian Wang
Marathons

‘Citizen Runner’ among top athletes in Hong Kong-Zhuhai-Macau Bridge Half Marathon

Japan’s Yuki Kawauchi, one of 8,000 runners taking part on Sunday, gained fame by winning the 2018 Boston Marathon as an amateur runner.

Japan’s Yuki Kawauchi crosses the finish line of the 2018 Boston Marathon, winning the men’s division. Photo: Brian Fluharty-USA TODAY Sports
Xi Jinping

Letters | How Macau can meet Xi Jinping’s 3 expectations

Readers discuss a strategy for Macau, China’s approach to US relations, and the trouble with Donald Trump’s embrace of bitcoin.

Bonds

Bond listings in Macau hit record, stronger growth seen in 2025

Bonds issued and listed on the Chongwa (Macao) Financial Asset Exchange surged 46 times this year compared with US$600 million in 2018.

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Hong Kong economy

Hong Kong launches tourism blueprint set to boost economy by HK$120 billion

Blueprint will set the scene for the industry’s development for the next five years, government minister says.

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Tourists take photos with two giant inflatable giant pandas. Photo: Jelly Tse
Hong Kong economy

Opinion | Hong Kong, Macau can grow China’s appeal in age of US containment

For China to break out of a US-led containment, both cities have a pivotal role in building global connections and bridging divides.

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President Xi Jinping speaks upon his arrival at Macau’s international airport in Macau on December 18, ahead of celebrations for the 25th anniversary of Macau’s return to Chinese sovereignty. Photo: Pool via Reuters
Hong Kong economy

Hong Kong’s year in sports: Olympic success and readying Kai Tak complex

Analysts hail ‘bumper’ year for sector but flag disappointment with Messi’s no-show as area for authorities to learn from.

Insurance

Cigna seeks mainland China partnerships as Hongkongers go north to get treatment

An ageing population and shortage of doctors have led more Hongkongers to go north to get medical treatment, Cigna’s Hong Kong CEO says.

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