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

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

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.

7 Feb 2026 - 11:00AM

Food and Drinks

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

29 Jan 2026 - 7:18AM

Crime in Hong Kong

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

Customers flock to the opening of the first McDonald’s restaurant in Xining, the capital of northwest China’s Qinghai province, on December 21, 2025. Photo: Xinhua

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

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

Some restaurant management staff at McDonald’s in Hong Kong have been given an average pay rise of 3 per cent. Photo: Sam Tsang

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

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

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

The winners of the 2025 SCMP Live Business Awards. (From left) Jerry Tam on behalf of Xpeng founder He Xiaopeng, Prudential Hong Kong CEO Lawrence Lam, McDonald’s Hong Kong chairman Zhang Yichen and CEO Randy Lai, Telefield Medical Imaging’s Yen Law, BioZein’s Anna Rayton and APT Electronics’ Winnie Chan during the awards ceremony on Friday. Photo: SCMP

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

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

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

A Thanksgiving Day float featuring Pop Mart’s Labubu, right, and Mokoko are displayed during a press preview of the new floats at Macy’s Parade Studio in Moonachie, New Jersey, on Tuesday. Photo: AP

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

Chinese scientists have recovered a naturally formed mineral with rare earth elements from the Blemchnum orientale fern, offering a potential for phytomining, according to the team. Photo: Shutterstock

C-Suite The Game Changers

Celebrating success and charting future growth

Randy Lai has led McDonald’s Hong Kong for 14 years, driving innovation, digital transformation, and a people-focused approach to ensure the brand remains a local favourite and market leader.

SCMP C-Suite

Hong Kong property

McDonald’s Hong Kong shops sell like hotcakes, yielding US$23.5 million

Following a US$9.9 million asset disposal last week, the fast-food chain finds a buyer for properties in Mong Kok and Kennedy Town.

11 Nov 2025 - 8:34AM

2025 National Games

Hong Kong’s National Games athletes reveal their diets – and their ‘cheat’ foods

Alongside getting the right nutrients to train and compete, some of the city’s stars love a good cheeseburger or milkshake.

8 Nov 2025 - 11:20AM

Cheeseburgers are a common go-to for athletes after intense competition. Photo: Shutterstock

Hong Kong property

McDonald’s sells first Hong Kong property in US$154 million asset-disposal plan

The fast-food chain bought the 9,695 sq ft Yuen Long property for US$1.2 million in 1987.

5 Nov 2025 - 8:30AM

Hong Kong economy

Hundreds flock to Hong Kong’s Water Parade featuring giant Labubu, Doraemon, Elmo

Inflatables make loop of Victoria Harbour from Admiralty to Fortress Hill, and then across to Tsim Sha Tsui.

1 Nov 2025 - 10:59PM

Hong Kong tourism

Explainer | Where are the best spots to see Hong Kong’s Water Parade? The Post has answers

Doraemon and McDonald’s mascot Grimace among popular characters set to appear in Saturday’s parade.

29 Oct 2025 - 10:00AM

The Water Parade gets under way on Saturday. Photo: Eugene Lee

Hong Kong society

Giant Labubu, Elmo, Grimace and Doraemon floating in Hong Kong harbour

The giant inflatables and a nearby market are part of a Water Parade event organised by Hong Kong design studio AllRightsReserved.

25 Oct 2025 - 8:30PM

The four giant inflatables will be in the harbour until November 1. Photo: Eugene Lee

On Our Radar

The Avengers of pop culture are floating into Hong Kong. And one of them is purple

Colossal inflatables turn the harbour into their paddle pool from October 25, plus a waterfront market of collectibles and games.

17 Oct 2025 - 6:15PM

Hong Kong economy

Hong Kong’s favourite big duck is back and bringing friends for waterfront event

Tolo Founding Duck part of cast of characters joining water parade, massive exhibit and merchandise bazaar in IP extravaganza.

28 Sep 2025 - 5:11PM

Your Perfect Week

What to do in Hong Kong, September 28 – October 4

The best things to do in the city this week, from McDonald’s 50th anniversary exhibition to a water-themed K-pop festival.

27 Sep 2025 - 6:15AM

Waterbomb’s winning formula of water cannons and K-pop makes its return to Hong Kong. Photo: Handout

Super Typhoon Ragasa

Business as usual as McDonald’s, cha chaan teng defy Ragasa to feed hungry Hongkongers

While most restaurants and stores remained closed as Ragasa lashed Hong Kong, some brave ones kept their doors open to serve the city’s residents.

24 Sep 2025 - 8:54PMvideocam

McDonald’s Tseung Kwan O outlet was packed with diners who waited patiently for around half an hour for their meals. Photo: Elson Li

On Our Radar

The Diary of a CEO’s Steven Bartlett is hosting a speaking tour in Hong Kong

The British entrepreneur and podcast host is bringing his ‘Business & Life Speaking Tour’ to Hong Kong – here’s what you need to know.

23 Sep 2025 - 11:20AM

Malaysia

‘Do you want a boycott?’: Malaysia’s top mall rolls dice with flag ban

Pro-Palestinian protesters are calling for a mass gathering at the KLCC complex within the Petronas Twin Towers in Kuala Lumpur.

12 Sep 2025 - 7:09PMvideocam

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McDonald's

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

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

.css-1m2rp1p{color:#34b8b5;}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.

.css-f84qeq{font-family:Roboto Condensed,Roboto Condensed fallback,sans-serif;font-style:italic;}Celebrating success and charting future growth

Randy Lai has led McDonald’s Hong Kong for 14 years, driving innovation, digital transformation, and a people-focused approach to ensure the brand remains a local favourite and market leader.

McDonald’s Hong Kong shops sell like hotcakes, yielding US$23.5 million

Following a US$9.9 million asset disposal last week, the fast-food chain finds a buyer for properties in Mong Kok and Kennedy Town.

Hong Kong’s National Games athletes reveal their diets – and their ‘cheat’ foods

Alongside getting the right nutrients to train and compete, some of the city’s stars love a good cheeseburger or milkshake.

McDonald’s sells first Hong Kong property in US$154 million asset-disposal plan

The fast-food chain bought the 9,695 sq ft Yuen Long property for US$1.2 million in 1987.

Hundreds flock to Hong Kong’s Water Parade featuring giant Labubu, Doraemon, Elmo

Inflatables make loop of Victoria Harbour from Admiralty to Fortress Hill, and then across to Tsim Sha Tsui.

.css-sioo19{color:#c79a00;}Explainer | Where are the best spots to see Hong Kong’s Water Parade? The Post has answers

Doraemon and McDonald’s mascot Grimace among popular characters set to appear in Saturday’s parade.

Giant Labubu, Elmo, Grimace and Doraemon floating in Hong Kong harbour

The giant inflatables and a nearby market are part of a Water Parade event organised by Hong Kong design studio AllRightsReserved.

The Avengers of pop culture are floating into Hong Kong. And one of them is purple

Colossal inflatables turn the harbour into their paddle pool from October 25, plus a waterfront market of collectibles and games.

Hong Kong’s favourite big duck is back and bringing friends for waterfront event

Tolo Founding Duck part of cast of characters joining water parade, massive exhibit and merchandise bazaar in IP extravaganza.

What to do in Hong Kong, September 28 – October 4

The best things to do in the city this week, from McDonald’s 50th anniversary exhibition to a water-themed K-pop festival.

Business as usual as McDonald’s, cha chaan teng defy Ragasa to feed hungry Hongkongers

While most restaurants and stores remained closed as Ragasa lashed Hong Kong, some brave ones kept their doors open to serve the city’s residents.

The Diary of a CEO’s Steven Bartlett is hosting a speaking tour in Hong Kong

The British entrepreneur and podcast host is bringing his ‘Business & Life Speaking Tour’ to Hong Kong – here’s what you need to know.

‘Do you want a boycott?’: Malaysia’s top mall rolls dice with flag ban

Pro-Palestinian protesters are calling for a mass gathering at the KLCC complex within the Petronas Twin Towers in Kuala Lumpur.

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

Celebrating success and charting future growth

Explainer | Where are the best spots to see Hong Kong’s Water Parade? The Post has answers