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Hong Kong Economy

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Hong Kong housing
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Kwai Tsing Container Terminals. “Exports to most markets and of most major commodities increased visibly,” a government spokesman said. Photo: Eugene Lee
Hong Kong economy

Hong Kong exports surge 33.8% in January thanks to rebound from 2025’s low base

Census and Statistics Department says value of Hong Kong’s export of goods rose in January by 33.8 per cent year on year to HK$520.6 billion.

Hong Kong society

47% of Hong Kong employees happy at work, lowest among 8 Asia-Pacific economies

Hong Kong tourism

New show to replace ‘Symphony of Lights’ at tourist spots in second half of year

Hong Kong economy

Panama raids CK Hutchison subsidiary office, days after taking over canal ports

Panamanian media says local authorities searched office of Panama Ports Company, which operated Balboa and Cristobal ports until this week.

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Panamanian police search a Panama Ports Company office. Photo Reuters
Panamanian police search a Panama Ports Company office. Photo Reuters
Hong Kong budget 2026-27

Which Hong Kong government departments get budget boosts while others face cuts?

New funding channelled into innovation, AI and intellectual property despite overall spending cuts and a drive to trim the civil service.

Hong Kong budget 2026-27

Hong Kong records HK$2.9 billion consolidated surplus for 2025-26. Here’s how

Economists optimistic for 2026-27, pointing to stabilised property market and transfer of finances between government funds or accounts.

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Hong Kong property

Hong Kong banks’ collateral asset valuations to continue declining in 2026: S&P

The city’s commercial property market remains on a sustained downturn, as rents continue to fall and vacancy rates soar.

A general view of the skyline in Hong Kong’s Central district. Photo: Jelly Tse
A general view of the skyline in Hong Kong’s Central district. Photo: Jelly Tse
Hong Kong budget 2026-27

Hongkongers rush to showrooms as EV tax breaks end, ‘quotas’ sell for HK$60,000

EV car dealer says sales surged seventeenfold across 12 stores on Wednesday, jumping from daily average of 20 cars to about 340 by midnight.

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Hong Kong sports

Fok welcomes ‘inspiring’ budget, says Asian Games will be part of funding review

Lawmaker Kenneth Fok says September’s multi-sport Games in Japan will provide ideal opportunity to look into support for athletes and teams.

Hong Kong budget 2026-27

AI committee can help Hong Kong start-ups ‘tackle legal, geopolitical hurdles’

Experts say committee proposed in the latest budget needs diverse panel of voices and be ‘action-driven’ to adapt to fast-moving industry.

Hong Kong is hoping to cultivate its AI industry. Photo: Karma Lo
Hong Kong property

SHKP, Hong Kong’s bellwether developer, posts 36% jump in first-half net profit

The company plans to launch many new residential projects over the next 10 months, including the second phase of Cullinan Harbour in Kai Tak.

Sun Hung Kai Properties’ Sierra Sea residential development in Sai Sha. Photo: Edmond So
Sun Hung Kai Properties’ Sierra Sea residential development in Sai Sha. Photo: Edmond So

Breaking down the key figures in Hong Kong 2026-27 budget

A deep dive into the data from Hong Kong finance chief Paul Chan’s latest budget announcement, looking at the government’s growing revenue and increasing investment in infrastructure.

Hong Kong budget 2026-27

Paul Chan defends budget strategy as Hongkongers slam lack of ‘sweeteners’

‘I am disappointed that giving out money or consumption vouchers has fallen off the radar,’ resident says.

Hong Kong budget 2026-27

Hong Kong budget: everything you need to know from tax breaks to a big bet on AI

Financial Secretary Paul Chan unveiled a slew of initiatives in his annual budget address, ranging from relief measures to spending big on AI.

Financial Secretary Paul Chan delivers his budget. Photo: Sam Tsang
Hong Kong budget 2026-27

Hong Kong 2026-27 budget: ‘Symphony of Lights’ to go dark under tourism revamp

Tourism Board to launch light festivals ‘across various locations at different times of year to replace A Symphony of Lights,’ Paul Chan says.

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Hong Kong’s lightshow fixture will come to an end this year. Photo: Dickson Lee
Hong Kong’s lightshow fixture will come to an end this year. Photo: Dickson Lee
Hong Kong budget 2026-27

Budget reveal: government turns matchmaker with stronger hand in shaping economy

This year’s budget and clear adoption of national goals show Hong Kong government playing a greater role in the economy.

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Hong Kong budget 2026-27

Rare Exchange Fund withdrawal to pay for Northern Metropolis, other big schemes

Paul Chan has proposed transferring HK$150 billion from the Exchange Fund in the coming two years.

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Hong Kong budget 2026-27

Hong Kong’s virtual asset sector considered for taxation under policy review

Latest budget announces new government committee to be tasked with reviewing Hong Kong’s tax policies.

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A pedestrian passes in front of a currency mural on a shop’s gate in Hong Kong. Photo: Antony Dickson
A pedestrian passes in front of a currency mural on a shop’s gate in Hong Kong. Photo: Antony Dickson
Hong Kong budget 2026-27

Hong Kong bets big on innovation, AI and finance in line with national goals

Northern Metropolis, San Tin Technopole cornerstones of innovation and technology strategy, finance chief Paul Chan says in budget address.

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Hong Kong budget 2026-27

Hong Kong boosts investment body’s role in property sector, tech investment drive

Hong Kong Investment Corporation aims to draw overseas funds into commercial property projects, while advancing open-source RISC-V chip initiatives.

Hong Kong budget 2026-27

Paul Chan’s new budget sets aside HK$30 billion to kick-start Northern Metropolis

Companies overseeing megaproject’s Hetao Hong Kong Park, San Tin Technopole and Hung Shui Kiu Industrial Park to each get HK$10 billion.

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The Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone is among projects set to get a funding injection. Photo: Eugene Lee
Hong Kong property

Hong Kong’s home prices reach 19-month high as rise gathers pace

‘We expect Hong Kong’s residential market in 2026 to remain resilient and positive,’ CBRE’s Hannah Jeong says.

A general view of the residential area in Cheung Sha Wan. Photo: Eugene Lee
A general view of the residential area in Cheung Sha Wan. Photo: Eugene Lee
Hong Kong budget 2026-27

Here is how you and businesses will benefit from Hong Kong budget sweeteners hike

Authorities will offer sweeteners of about HK$22 billion to residents and businesses, up from HK$7.8 billion.

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Hong Kong budget 2026-27

Investments, tax breaks: what’s in it for you in Hong Kong’s budget 2026-27

From industry funding to relief measures for ordinary Hongkongers, here are eight key takeaways from finance chief Paul Chan’s latest budget.

Banking & finance

HSBC to boost spending in Hong Kong, other high-growth markets to US$1.8 billion

HSBC reported a 7 per cent profit drop, but shares rose on its CEO’s comments on higher return goals, steady dividends and new growth plans.

HSBC Holdings is the largest banking group in Europe and Hong Kong by assets. Photo: Reuters
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