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Hong Kong Economy

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Hong Kong housing
Hong Kong property
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Property investment
Autoflight’s Prosperity was on show at last year’s Super Terminal Expo 2025 in Hong Kong. Eugene Lee
Hong Kong economy

Thousands of passenger, cargo drones will fill Hong Kong skies in decade: expert

Mainland Chinese eVTOL leader AutoFlight will spread wings in Hong Kong amid global push into flying taxi market.

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Hong Kong property

Hong Kong politician Bunny Chan buys Stanley homes for US$40 million

Hong Kong economy

Exclusive | Is your PayMe history public? Hong Kong watchdog probes HSBC app privacy risks

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Hong Kong society

Hong Kong’s embattled Urban Renewal Authority raises HK$8 billion in bond sale

Cash-strapped authority sells two tranches of bonds, one worth HK$5 billion with five-year term and other for HK$3 billion with 10-year term.

This sale marks the URA’s return to the bond market for the first time since August 2024. Photo: Sun Yeung
This sale marks the URA’s return to the bond market for the first time since August 2024. Photo: Sun Yeung
Hong Kong economy

Hong Kong toy fair unveils new pavilion for collectors and global brands

150 local and international IP collectibles to be showcased at Hong Kong Toys & Games Fair, which will run alongside baby products and stationery exhibitions.

Hong Kong economy

Lantau site eyed for Hong Kong’s first aircraft dismantling plant: sources

Site at To Kau Wan deemed suitable because of proximity to airport and access to existing infrastructure, including roads and pier, sources say.

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Cathay Pacific

Air China’s HK$1.32 billion Cathay stake sale ‘tactical’: Hong Kong carrier CEO

Cathay Group CEO Ronald Lam also assures Air China will remain long-term strategic shareholder, as carrier unveils 80th anniversary events.

Cathay Group CEO Ronald Lam (fifth from right) has unveiled 80th anniversary events. Photo: Oscar Liu
Cathay Group CEO Ronald Lam (fifth from right) has unveiled 80th anniversary events. Photo: Oscar Liu
Hong Kong economy

Hong Kong film Back to the Past rakes in record HK$45 million in first week

Time travel movie beats A Guilty Conscience and The Last Dance to become highest-grossing film in opening week, amid box office gloom in city.

Hong Kong economy

Tender for Hong Kong’s Central Harbourfront Event Space opens with stricter KPIs

Lawmaker says it is reasonable for government to impose additional conditions on future tenant, given location’s role in promoting city’s image.

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.

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

The ‘biology winter’ thaws: why investors are buying Hong Kong’s biotech IPOs

A wave of China out-licensing deals is feeding a biotech comeback in Hong Kong, where IPOs and follow-on placements are surging.

Healthcare firms now account for about a fifth of the more than 300 listing applications in the city. Photo: Shutterstock
Healthcare firms now account for about a fifth of the more than 300 listing applications in the city. Photo: Shutterstock
Robotics

China’s humanoid robot makers, Hong Kong start-ups set to dazzle CES 2026

Nearly a dozen Chinese humanoid robot makers are expected at the trade show, while Hong Kong sends its largest-ever delegation.

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Hong Kong property

Hong Kong office leasing rebound lifts outlook for 2026, but rents still subdued

Hong Kong’s office sector showed muted signs of life in 2025, although stabilisation will be the dominant theme of 2026.

Banking & finance

Exclusive | HKMA teams up with SFC, Insurance Authority to promote fintech over next 5 years

The HKMA is expanding the city’s generative AI sandbox to include other industries, chief executive Eddie Yue Wai-man says.

Hong Kong Monetary Authority chief executive Eddie Yue Wai-man. Photo: SCMP
Hong Kong economy

Hongkongers flock to say goodbye as landmark department store closes

Close of Sincere’s Sham Shui Po branch, a neighbourhood fixture for 30 years, leaves chain with only two remaining outlets.

Bargain hunters pack the Sham Shui Po branch of Sincere Department Store on its last day of operations. Photo: Sam Tsang
Bargain hunters pack the Sham Shui Po branch of Sincere Department Store on its last day of operations. Photo: Sam Tsang
Hong Kong tourism

Hong Kong records 72% jump in mainland Chinese tourists over long New Year break

Immigration data shows 659,090 mainland visitors entered Hong Kong between New Year’s Eve and Saturday, accounting for 79 per cent of tourist arrivals.

Hong Kong economy

Hong Kong to boost tech, financial services integration during AI boom: Paul Chan

Minister hails city’s role as global capital market for mainland Chinese tech firms, citing AI chipmaker Biren’s 82 per cent gains at debut.

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Hong Kong economy

Hong Kong firm sanctioned by US in Venezuela crackdown found to use bogus address

Post finds vacant offices, shared secretaries in US-hit Hong Kong firms tied to Venezuelan oil exports, as namesake local company fears backlash.

US sanctions have targeted Hong Kong firms over Venezuela oil tanker links. Photo: Juan Carlos Hernandez
US sanctions have targeted Hong Kong firms over Venezuela oil tanker links. Photo: Juan Carlos Hernandez
Hong Kong tourism

Hong Kong a top countdown city as 200,000 visit on New Year’s Eve: minister

Tourism sector representatives underscore need to direct visitors from tourist hotspots to other parts of city.

Hong Kong economy

Occupancy rate at Hong Kong tech park set to hit 90% in first quarter of 2026

Government says lease renewal on Hong Kong side of collaborative tech hub with Shenzhen will be based on KPIs, but there will be ‘room for error’.

Legislative Council election 2025

New Hong Kong lawmaker Julia Lau vows to strengthen oversight after Tai Po fire

Architectural sector legislator urges better use of public funds, and has ideas on how to boost development of the Northern Metropolis and tourism.

Lawmaker-elect Julia Lau has suggested conducting third-party risk assessments before contractors start major repairs on buildings in Hong Kong. Photo: Jonathan Wong
Hong Kong economy

Back to the Past, starring Louis Koo and Raymond Lam, smashes Hong Kong record

Historical sci-fi action film earns HK$10.91 million in debut, the most for a Chinese film opening in city.

Louis Koo and Raymond Lam star in a new historical sci-fi film Back to the Past. Photo: Nora Tam
Louis Koo and Raymond Lam star in a new historical sci-fi film Back to the Past. Photo: Nora Tam
Hong Kong economy

Hong Kong’s retail uptick extends into November with sales climbing 6.5%

Sector’s growth marks third consecutive month of reaching above 6 per cent year on year, but industry leader warns against calling it ‘recovery’.

Hong Kong tourism

Hong Kong receives twice as many mainland Chinese visitors on New Year’s Day

Industry leaders attribute rise to three-day holiday on mainland and strained Beijing-Tokyo ties drawing some to Hong Kong instead of Japan.

Hong Kong property

CityU joins ranks of schools snapping up Hong Kong offices

University buys four-storey office block in Kowloon Tong for US$252 million from Singapore-based Mapletree.

Festival Walk’s low-rise office building offers about 214,000 sq ft of space. Photo: Handout
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