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Terence Chong Tai-leung

(莊太量)

Terence Chong Tai-leung
莊太量
The latest news and top stories on Terence Chong Tai-leung， an economics professor at the Chinese University of Hong Kong. He also leads the Lau Chor Tak Institute of Global Economics and Finance.
A Futu Securities International branch in Causeway Bay. Photo: Sam Tsang
Banking & finance

Will Hong Kong property market benefit as online financial firms get physical?

Online brokerages and digital banks are opening branches across city after a sharp drop in shop rents in prime locations.

Education in Hong Kong

CUHK gives top economist warning over talk on women ‘marrying for money’

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Hong Kong economy

Beyblade battles drive up sales at Hong Kong malls, but will the trend last?

Hong Kong economy

New Asean Chamber of Commerce launched in Hong Kong will ‘fulfil long-felt need’

New business group launched at the South China Morning Post’s GBA-Asean Summit 2026.

Dignitaries, including city leader John Lee (front centre), gather for a group photo at the launch of the new chamber. Photo: May Tse
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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Singapore

Sin to salvation: how Singapore’s most notorious mall found God

Orchard Towers, once a byword for vice, is now part of a megachurch trend repurposing retail spaces from Jakarta to Kuala Lumpur.

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Hong Kong society

Can Hongkong Post be saved or should it become a taxpayer-funded public service?

Observers say HK$4.6 billion rescue plan only buys time as officials must decide whether basic public services should override push for profit.

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The General Post Office in Central. Hongkong Post faces mounting losses as calls grow to end its self-financing model. Photo: Nora Tam
Hong Kong economy

Are special laws a quick fix for speeding up Hong Kong’s Northern Metropolis?

Syncing megaproject with key infrastructure and turning it into a ‘living laboratory’ are equally important to its success, tech experts say.

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Hong Kong economy

US-Iran ceasefire unlikely to cause big fuel price drop: Hong Kong economists

‘It will take several months for prices to gradually decline after the war ends completely,’ expert says.

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Hong Kong economy

Should Hong Kong be using ‘war chest’ firepower for Northern Metropolis?

Rare HK$150 billion transfer from the Exchange Fund has sparked fierce debate.

Illustration: Lau Ka-kuen
Hong Kong economy

Hong Kong, Singapore square off in race to become world’s gold trading hub

Access to mainland’s robust market gives Hong Kong the edge over Southeast Asian rival, experts say.

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Experts say Hong Kong has edged ahead of Singapore in its ambition to be the world’s gold trading hub. Photo: Karma Lo
Hong Kong budget 2026-27

Hong Kong budget 2026-27: what’s holding back the city’s tech and talent schemes?

Finance chief’s blueprint seen as gauge for officials’ ‘reform mindset’ following Beijing’s 15th five-year plan recommendations.

Hong Kong economy

Hong Kong budget 2026-27: ‘sweeteners’ for grass roots or the middle class?

Debate grows in the wake of finance chief’s projection that city will achieve early operating account surplus after three-year deficit.

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Hong Kong entertainment

Blackpink fans gear up for Hong Kong finale

K-pop fans are gearing up for shows, with Hong Kong the final stop of the band’s global tour.

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A Blackpink fan takes a selfie at a pop-up store in Kai Tak Mall 2. Photo: Karma Lo
Hong Kong economy

58% more applicants per job in Hong Kong in 2025 amid AI takeover of roles

Jobsdb Hong Kong says competition even keener for frontline roles, but some jobs hit by AI, with technology automating many repetitive processes.

Hong Kong residents at a job fair organised last month by the Labour Department at Lohas Park Community Hall in Tsueng Kwan O. Photo: Elson Li
Hong Kong economy

New approach to fast-track Hong Kong industrial park gets thumbs up from firms

New company to speed up work on 23-hectare park under Northern Metropolis project wins praise as ‘one-stop service centre’.

Hong Kong economy

Hongkongers make 2.73 million outbound trips over Christmas, up 11% from 2024

But bar industry leader reports 10 per cent rise in local business due to festive mood and surge in visitors from Europe and the US.

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IOC

Greater ambition: how Hong Kong and bay area could host Asian Games, Olympics

The cooperation showcased by the co-hosted National Games has further fuelled calls to launch a bid to welcome the world.

The Greater Bay Area’s successful staging of the National Games has added momentum to calls for it to stage bigger events. Illustration: Lau Ka-kuen
Hong Kong economy

Hong Kong exports rise 16%, fuelled by growing demand from Asian markets

Value of city’s exports in September reached HK$462.3 billion, bringing third quarter total to HK$1.35 trillion.

Hong Kong economy

Has Hong Kong’s retail sector turned the corner after August’s sales surge?

Sales in August rose 3.8 per cent but involution wave from China threatens retailers of popular consumer goods.

Super Typhoon Ragasa

Hong Kong’s economic losses from Ragasa may hit billions, experts say

Economic losses from extreme weather will become new normal in Hong Kong, they say.

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A restaurant in Tseung Kwan O wrecked by the typhoon. Owners of eateries along the coast have said the storm will cost them millions of dollars. Photo: Elson Li
Hong Kong economy

In Northern Metropolis, can tech sector help Hong Kong’s economy remake itself?

The city’s mega development could boost innovation, but experts say reducing reliance on finance and quickly building a university town are key to success.

Illustration: Henry Wong
Hong Kong society

Should Hong Kong’s baby bonus scheme include talent to boost birth rate?

Lawmaker says some professionals have complained about being left out of bonus scheme.

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China consumption

Involution to evolution? China urged to spur new demand, innovation-led growth

To turn excessive competition into a positive, analysts say Beijing needs to focus on demand-side solutions.

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Liu Lijie, a food delivery rider from Ele.me eats his meal at Yushiji restaurant in Beijing on March 18, 2025. Photo: AP
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