TOPIC

/ company

McDonald's

McDonald's is the world's largest fast food restaurant chain. It was founded in 1940 by Richard and Maurice McDonald, who pioneered the idea of operating a hamburger business using production line principles.

Chairman / President

Chris Kempczinski

CEO / Managing Director

Chris Kempczinski

CFO / Finance Director

Ian Borden

Industry

Restaurants

Website

aboutmcdonalds.com

Headquarters address

110 North Carpenter Street, Chicago, IL 60607, United States

Stock Code

NYSE:MCD

Year founded

1975

in partnership with:

About

We're not just a hamburger company serving people; we're a people company serving hamburgers.

C-Suite Member

Randy Lai
CEO HK

A woman checks her phone next to a Starbucks cart in Beijing. Photo: AFP

China consumption

After hooking China on coffee, Starbucks ramps up consumer strategy

Now that the chain has Chinese consumers hooked on coffee, it is attempting to become part of local consumer culture, analysts say.

5 Jul 2026 - 9:00AM

Hong Kong society

‘Heart of Kwun Tong’: hundreds say goodbye to old Yue Man Square in Hong Kong

28 Jun 2026 - 7:21PM

Hong Kong property

Golden arches as McDonald’s sells another Hong Kong property

9 Jun 2026 - 4:30PM

China’s private sector

China market is the ‘world’s toughest gym’ for global brands: McKinsey

Innovation, speed, and entrepreneurial agility are needed in China; foreign firms must adapt or lose ground, says McKinsey’s Joe Ngai.

8 Jun 2026 - 2:21PM

Joe Ngai, Greater China chairman at McKinsey & Company. Photo: Edmond So

Hong Kong transport

What to eat and buy at Hong Kong airport’s revamped Terminal 2

Passengers and visitors will find 25 shopping and dining options, including McDonald’s, Nap Tea and Imperial Patisserie.

24 May 2026 - 5:16PMvideocam

Mainland China

KFC, McDonald’s drive-throughs in China get EV charging, upgraded smart systems

KFC now operates over 7,000 drive-through restaurants nationwide, including kerbside pickups, according to Yum China.

10 May 2026 - 12:30PM

United States

Wall Street hesitates, oil prices rise amid uncertainty in Strait of Hormuz

Despite all the uncertainty about how long the war with Iran will last, the US stock market has managed to power to record after record.

4 May 2026 - 9:55PMvideocam

Traders work on the floor of the New York Stock Exchange. Photo: via AFP

Japan

Burger King in Japan dangles US$250,000 to lure rival franchisees

Meanwhile, Philippine fried chicken chain Jollibee has announced a record operating income and is accelerating its global expansion.

24 Apr 2026 - 2:40PM

Food and Drinks

Mouthing Off | McDonald’s CEO’s burger blunder shows the problem of lacking a common touch

Chris Kempczinski’s timid taste test of McDonald’s new Big Arch sparked a slew of trolling responses from Burger King, Wendy’s and A&W.

12 Mar 2026 - 8:15AM

Trending in China

Foreigners flock to Chinese malatang eateries, believe rich soup is healthy

‘Spicy, numbing, hot’ delicacy becomes go-to dish for birthdays and dates around the globe; aficionados describe it as a ‘personal hotpot’.

7 Mar 2026 - 2:00PM

Foreigners are flocking to malatang restaurants worldwide in the belief that the rich soup, enhanced with traditional Chinese herbs, offers health benefits. Photo: SCMP composite/RedNote

Hong Kong property

McDonald’s sells Hong Kong shop outside disposal plan for US$11.9 million

Latest sale of Hong Kong restaurant site by the Chicago-based food chain reflects a retail valuation reset as rents stay subdued.

4 Mar 2026 - 3:02PMvideocam

McDonald’s Hong Kong announced that from January 1, the average salary increase for restaurant management groups will be 3 per cent. However, the company is also selling off restaurants across Hong Kong as the retail property sector remains under pressure.
Photo: Sam Tsang

Hong Kong society

Tens of thousands line streets for Hong Kong’s Lunar New Year night parade

Float parade to mark start of the Year of the Horse begins with an East-meets-West street party.

18 Feb 2026 - 10:13AMvideocam

Hong Kong society

Go with the floats: how you can enjoy Hong Kong’s Lunar New Year night parade

What to expect and how to make the most of the Cathay International Chinese New Year Night Parade on Tuesday.

16 Feb 2026 - 8:03PM

Consumers

How Chinese consumers’ changing demands are keeping KFC’s owner on its toes

Yum China CEO Joey Wat banks on fast-food firm’s flexible store format and cheaper products to attract more Chinese consumers.

10 Feb 2026 - 6:29PM

Yum China CEO Joey Wat speaks during the company’s 2025 Investor Conference in Shenzhen. Photo: Handout

Food and Drinks

Hollywood Boulevard gets a new star, and it’s a bubble tea giant from China

With its affordable soft serve and boba, bubble tea megachain Mixue has opened its first US store opposite Hollywood’s Walk of Fame.

29 Jan 2026 - 7:18AM

Bubble teas from Mixue. Photo: Instagram

Crime in Hong Kong

Hong Kong police arrest another man with knife, 2 days after earlier case at mall

Police subdue man with knife near McDonald’s outlet in Tsuen Wan, two days after shooting dead another attacker who took woman hostage at mall.

17 Jan 2026 - 5:24PM

China trade

Opinion | From tea to TikTok: the middleman’s return is reshaping China trade

The old Canton system is re-emerging in a new guise as the likes of TikTok and Starbucks look to middlemen to navigate a divided global economy.

16 Jan 2026 - 9:30AMvideocam

Hong Kong property

Repeat buyer tucks into another McDonald’s Hong Kong shop for US$15.2 million

Evergreen Capital Partners added the Causeway Bay shop to its portfolio after acquiring two other outlets from the fast-food giant.

9 Jan 2026 - 8:30AM

McDonald’s offloaded a retail property in excess of 10,000 sq ft in Causeway Bay. Photo: Handout

Investing

McDonald’s Philippine rival Jollibee to list global business in the US by 2027

The spin-off and potential US listing of Jollibee Foods Corporation would include all of the company’s businesses outside its home market.

6 Jan 2026 - 5:15PM

Hong Kong economy

Hong Kong McDonald’s serves up 3% pay rise for some staff amid menu price increase

Others also receive a HK$500 bonus to mark the fast food giant’s 50th anniversary in the city, alongside price increases on select menu items.

6 Jan 2026 - 12:15PM

Singapore

How Singapore’s unforgiving food scene can go hot and cold on brands

Over 3,000 eateries shut their doors last year, the highest since 2005, in one of the world’s most competitive dining markets.

21 Dec 2025 - 1:41PM

The opening of Chick-fil-A’s first outlet in Singapore on December 11 drew a long queue. Photo: YouTube/Chick-fil-A

Food and Drinks

A Christmas table built from grapes, radicchio and a single red chilli

Food stylist Gloria Chung presents a masterclass in creating a deliciously quirky tablescape.

18 Dec 2025 - 8:00AM

An “East-meets-West” festive tablescape by Gloria Chung. Photo: Jocelyn Tam

China consumption

Not lovin’ it: Chinese fume at McDonald’s prices, costlier ‘poor man’s meal’

Fast-food giant increases menu items by 0.5 to 1 yuan, testing pricing power in a deflationary market where per-capita dining spending has been plunging.

18 Dec 2025 - 9:18AMvideocam

Hong Kong

McDonald’s Hong Kong named Company of the Year at SCMP Live’s Business Awards

The restaurant chain’s CEO Randy Lai and chairman Zhang Yichen received the award from SCMP’s CEO Catherine So at an event on Friday.

13 Dec 2025 - 2:46PM

Hong Kong property

McDonald’s tastes fat profit in US$9.3 million Hong Kong property sale

Company secures 200 per cent gain in the fourth sale in an initiative to dispose of eight retail spots across the city.

9 Dec 2025 - 8:30AM

McDonald’s sold this property in the Tai Fong Building in the Cosmopolitan Estate in Tai Kok Tsui on November 26, according to Land Registry records. Photo: Handout

Crime

Alleged CEO killer tries to exclude evidence from US murder trial

Luigi Mangione’s defence argues police conducted an illegal warrantless search of his backpack, threatening his right to a fair trial.

2 Dec 2025 - 10:10AM

Luigi Mangione appearing in Manhattan Criminal Court on Monday. Photo: Yuki Iwamura via Reuters

United States

Pop Mart’s Labubu balloons to debut at Macy’s Thanksgiving Parade in New York

A brown Labubu and a pink Mokoko will appear alongside characters such as Skullpanda, Dimoo and Molly on the toymaker’s Pop City float.

22 Nov 2025 - 2:23AM

SCMP Highlights

China’s rare earths breakthrough, Fujian carrier’s naval genius: 7 highlights

From a viral incident at the recent Asean summit to a Chinese guest flooding a hotel room, here are highlights from SCMP’s recent reporting.

14 Nov 2025 - 12:30PM

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McDonald's

After hooking China on coffee, Starbucks ramps up consumer strategy

Now that the chain has Chinese consumers hooked on coffee, it is attempting to become part of local consumer culture, analysts say.

‘Heart of Kwun Tong’: hundreds say goodbye to old Yue Man Square in Hong Kong

Golden arches as McDonald’s sells another Hong Kong property

China market is the ‘world’s toughest gym’ for global brands: McKinsey

Innovation, speed, and entrepreneurial agility are needed in China; foreign firms must adapt or lose ground, says McKinsey’s Joe Ngai.

What to eat and buy at Hong Kong airport’s revamped Terminal 2

Passengers and visitors will find 25 shopping and dining options, including McDonald’s, Nap Tea and Imperial Patisserie.

KFC, McDonald’s drive-throughs in China get EV charging, upgraded smart systems

KFC now operates over 7,000 drive-through restaurants nationwide, including kerbside pickups, according to Yum China.

Wall Street hesitates, oil prices rise amid uncertainty in Strait of Hormuz

Despite all the uncertainty about how long the war with Iran will last, the US stock market has managed to power to record after record.

Burger King in Japan dangles US$250,000 to lure rival franchisees

Meanwhile, Philippine fried chicken chain Jollibee has announced a record operating income and is accelerating its global expansion.

.css-1pcrwvc{color:#2aa191;}Mouthing Off | McDonald’s CEO’s burger blunder shows the problem of lacking a common touch

Chris Kempczinski’s timid taste test of McDonald’s new Big Arch sparked a slew of trolling responses from Burger King, Wendy’s and A&W.

Foreigners flock to Chinese malatang eateries, believe rich soup is healthy

‘Spicy, numbing, hot’ delicacy becomes go-to dish for birthdays and dates around the globe; aficionados describe it as a ‘personal hotpot’.

McDonald’s sells Hong Kong shop outside disposal plan for US$11.9 million

Latest sale of Hong Kong restaurant site by the Chicago-based food chain reflects a retail valuation reset as rents stay subdued.

Tens of thousands line streets for Hong Kong’s Lunar New Year night parade

Float parade to mark start of the Year of the Horse begins with an East-meets-West street party.

Go with the floats: how you can enjoy Hong Kong’s Lunar New Year night parade

What to expect and how to make the most of the Cathay International Chinese New Year Night Parade on Tuesday.

How Chinese consumers’ changing demands are keeping KFC’s owner on its toes

Yum China CEO Joey Wat banks on fast-food firm’s flexible store format and cheaper products to attract more Chinese consumers.

Hollywood Boulevard gets a new star, and it’s a bubble tea giant from China

With its affordable soft serve and boba, bubble tea megachain Mixue has opened its first US store opposite Hollywood’s Walk of Fame.

Hong Kong police arrest another man with knife, 2 days after earlier case at mall

Police subdue man with knife near McDonald’s outlet in Tsuen Wan, two days after shooting dead another attacker who took woman hostage at mall.

Opinion | From tea to TikTok: the middleman’s return is reshaping China trade

The old Canton system is re-emerging in a new guise as the likes of TikTok and Starbucks look to middlemen to navigate a divided global economy.

Repeat buyer tucks into another McDonald’s Hong Kong shop for US$15.2 million

Evergreen Capital Partners added the Causeway Bay shop to its portfolio after acquiring two other outlets from the fast-food giant.

McDonald’s Philippine rival Jollibee to list global business in the US by 2027

The spin-off and potential US listing of Jollibee Foods Corporation would include all of the company’s businesses outside its home market.

Hong Kong McDonald’s serves up 3% pay rise for some staff amid menu price increase

Others also receive a HK$500 bonus to mark the fast food giant’s 50th anniversary in the city, alongside price increases on select menu items.

How Singapore’s unforgiving food scene can go hot and cold on brands

Over 3,000 eateries shut their doors last year, the highest since 2005, in one of the world’s most competitive dining markets.

A Christmas table built from grapes, radicchio and a single red chilli

Food stylist Gloria Chung presents a masterclass in creating a deliciously quirky tablescape.

Not lovin’ it: Chinese fume at McDonald’s prices, costlier ‘poor man’s meal’

Fast-food giant increases menu items by 0.5 to 1 yuan, testing pricing power in a deflationary market where per-capita dining spending has been plunging.

McDonald’s Hong Kong named Company of the Year at SCMP Live’s Business Awards

The restaurant chain’s CEO Randy Lai and chairman Zhang Yichen received the award from SCMP’s CEO Catherine So at an event on Friday.

McDonald’s tastes fat profit in US$9.3 million Hong Kong property sale

Company secures 200 per cent gain in the fourth sale in an initiative to dispose of eight retail spots across the city.

Alleged CEO killer tries to exclude evidence from US murder trial

Luigi Mangione’s defence argues police conducted an illegal warrantless search of his backpack, threatening his right to a fair trial.

Pop Mart’s Labubu balloons to debut at Macy’s Thanksgiving Parade in New York

A brown Labubu and a pink Mokoko will appear alongside characters such as Skullpanda, Dimoo and Molly on the toymaker’s Pop City float.

China’s rare earths breakthrough, Fujian carrier’s naval genius: 7 highlights

From a viral incident at the recent Asean summit to a Chinese guest flooding a hotel room, here are highlights from SCMP’s recent reporting.

Mouthing Off | McDonald’s CEO’s burger blunder shows the problem of lacking a common touch