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Hong Kong Economy

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Hong Kong housing
Hong Kong property
Tourism
Parallel trading
Hong Kong stock exchange
Hong Kong land sale
Property investment
The bakery chain closed all its branches last year. Photo: Jelly Tse
Hong Kong courts

‘No reliable evidence’ Taipan bakery chain can settle debts: Hong Kong judge

Deputy Judge Gary Lam says parent company Vast Luck has twice failed to pay debts, leading to breach of earlier pledge to court.

Banking & finance

Hong Kong authority presses banks to shape up services for seniors

Hong Kong property

Homebuyers snap up latest Sierra Sea flats as SHKP set for another sell-out

Hong Kong economy

Hong Kong promotes ‘responsible and sustainable’ digital asset regime at Davos

Financial Secretary Paul Chan Mo-po says finance and technology are ‘mutually reinforcing’ but balanced approach needed to support development.

The World Economic Forum in Davos runs until Friday. Photo: AFP
The World Economic Forum in Davos runs until Friday. Photo: AFP
Hong Kong economy

Hong Kong’s jobless rate holds steady at 3.8% amid growth outlook

Movements in unemployment rate in different industry sectors varied for October to December period, but magnitudes were generally small.

Hong Kong economy

Hong Kong to develop low-altitude sector blueprint as firms eye overseas expansion

Logistics chief Mable Chan says city well positioned for growth given established legal regime and status as financial hub.

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Hong Kong courts

Hong Kong’s Taipan bakery told to wind up, Ocean Empire boss declared bankrupt

Separate court rulings highlight struggles of city’s retail and catering sectors amid shifting consumer patterns.

Taipan Bread & Cakes closed all of its branches after 41 years in business. Photo: Nora Tam
Taipan Bread & Cakes closed all of its branches after 41 years in business. Photo: Nora Tam
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 economy

Hong Kong eyes slice of booming ‘NewSpace’ economy as professional services hub

Chief Executive’s Policy Unit reveals that it recently hosted a high-level round table on the space economy.

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Hong Kong society

Hong Kong crime film exhibition at old Yau Ma Tei police station a hot ticket

More than 80 per cent of tickets for January sold, says Commissioner for Cultural and Creative Industries Drew Lai.

A recreation of a Criminal Investigation Department office, part of the film exhibition at the old Yau Ma Tei police station. Photo: Eugene Lee
Hong Kong economy

Hong Kong steps up bid to become global gold trading hub with Shanghai agreement

Two cities set to sign memorandum of understanding at the 19th Asian Financial Forum next week, paving way for cross-border gold trade clearing.

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Hong Kong will sign a memorandum of understanding with Shanghai next week to establish a cross-border gold trade clearing system. Photo: Edmond So
Hong Kong will sign a memorandum of understanding with Shanghai next week to establish a cross-border gold trade clearing system. Photo: Edmond So
Hong Kong property

Mainland Chinese buyers pour US$2 billion into Hong Kong super-luxury homes

Mainland buyers account for 80 per cent of the city’s biggest blockbuster deals in the most exclusive neighbourhoods in 2025.

Artificial intelligence

Hong Kong bolsters tech hub ambitions as city hosts global AI summit

Hong Kong’s turn to host a summit under WAIC reflects Beijing’s confidence in the city’s strategic development goals.

Hong Kong economy

Hong Kong plans to build Northern Metropolis logistics hub for smart, green growth

Hub will focus on high-value goods, e-commerce and low-altitude economy, with authorities to gauge interest in the cluster’s first site this year.

Hong Kong have unveiled plans for a smart logistics hub for high-value goods, e-commerce and low-altitude economy within the Hung Shui Kiu/Ha Tsuen New Development Area, part of the Northern Metropolis mega development project. Photo: Sam Tsang
Hong Kong property

Hong Kong’s latest office landmark nearly full as segment upturn simmers

The Henderson has reached 90 per cent occupancy, as ‘the rental downcycle is nearing its end’, analyst says.

The Henderson (centre) houses tenants including Christie’s and Point72. Photo: Yik Yeung-man
The Henderson (centre) houses tenants including Christie’s and Point72. Photo: Yik Yeung-man
Hong Kong society

Galloping horses theme of Hong Kong’s Lunar New Year fireworks display

Jockey Club will sponsor show as part of campaign to celebrate the equine zodiac throughout the Year of the Horse, from races to exhibitions.

Hong Kong economy

Ex-Hong Kong Disneyland boss to take reins as CEO of Kai Tak Sports Park

Andrew Kam will take over from CEO John Sharkey, who is stepping down after a nearly 10-year stint.

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Hong Kong economy

Number of registered companies in Hong Kong reaches record 1.56 million in 2025

According to Companies Registry, 195,343 were newly registered local and redomiciled firms, while 99,406 dissolved over the same period.

Hong Kong’s central business district in Central. Photo: Edmond So
Hong Kong’s central business district in Central. Photo: Edmond So
Hong Kong economy

Can new tricks save Hong Kong’s restaurants from ‘irreversible’ Shenzhen trend?

Business models are being overhauled as food and drink sector tackles ‘irreversible’ trend of Hongkongers spending their money elsewhere.

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Hong Kong property

Hong Kong’s finance sector a ray of sunshine for city’s retail property segment

Financial services providers are emerging as a new force in the city’s retail property leasing space, analysts say.

China stock market

Hong Kong, China stocks to outpace US equities all year: analysts

Hang Seng Index poised to reach 30,000 as Chinese stocks’ valuations make them difficult for global investors to ignore, Tiger Brokers says.

Traders work on the floor of the New York Stock Exchange on January 12, 2026. Photo: AP Photo
Hong Kong housing

Share of young Hongkongers owning subsidised flats halves in 30 years: study

Buying a 500 sq ft private flat now costs the equivalent of 18.4 years of median household income, compared with 5.6 years in 2002, study shows.

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An average household would have to spend nearly half of its monthly income to rent a 400 sq ft flat in Kowloon, the study shows. Photo: Sam Tsang
An average household would have to spend nearly half of its monthly income to rent a 400 sq ft flat in Kowloon, the study shows. Photo: Sam Tsang
Hong Kong economy

73% of Hong Kong, Greater Bay Area firms ramping up expansion into Asean: survey

Survey by Hong Kong Trade Development Council and United Overseas Bank also shows 98 per cent of companies plan to keep or expand Asean operations.

Mergers & Acquisitions

Li Ka-shing’s CK Infrastructure gets nod to sell UK train leasing firm

Deal to dispose of UK Rails (Eversholt Rail), which was bought in 2015, ‘will generate substantial revenue’, company says.

Accidents and personal safety

Hong Kong plan for shopping zone barriers sparks debate over access, congestion

Government proposal to install barriers will enhance public safety, but move could worsen crowd congestion, Wan Chai district councillor says.

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A bird’s-eye view of the pedestrian crossing near the Sogo department store. Photo: Sam Tsang
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