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Hong Kong Economy

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Last year’s 857 new complaint cases mark an increase of about 33 per cent from the 646 recorded in 2024. Photo: Getty Images
Hong Kong economy

Hong Kong insurance complaints body records 857 cases last year, up 33% from 2024

Most disputes were medical and travel cases, according to Insurance Claims Complaints Panel.

Hong Kong transport

Hong Kong tram operator launches real-time app, pledges no fare rise this year

Hong Kong economy

Hong Kong taxpayers face HK$28 billion Covid bad-loan burden from SMEs

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Hong Kong society

Maisy Ho remembered as dedicated philanthropist and community servant

Hong Kong Secretary for Health Lo Chung-mau praises her ‘profound dedication to community service’ and for caring for underprivileged.

Maisy Ho (right) and her sister, Pansy Ho, attend a ceremony at Government House in 2016, where Maisy received the Bronze Bauhinia Star. Photo: Edward Wong
Maisy Ho (right) and her sister, Pansy Ho, attend a ceremony at Government House in 2016, where Maisy received the Bronze Bauhinia Star. Photo: Edward Wong
Hong Kong economy

Middle East war tests Hong Kong aviation hub status as rivals feel the heat

Flight cuts due to rising fuel prices could affect transit traffic in short run, but impact will depend on duration of conflict, experts say.

Hong Kong economy

Hong Kong bets on 36-fold surge in computing power to win global AI hub race

Chief Executive John Lee underlines city’s infrastructure road map as key driver of bid to boost computing power and AI development.

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Hong Kong property

Hong Kong safe haven appeal seen rising as Middle East turmoil clouds outlook

A slowdown in Hong Kong office leasing reflects caution among multinationals, yet analysts see upside as investors seek stability.

Despite the recent slowdown, heightened geopolitical risk could ultimately strengthen Hong Kong’s appeal as a capital haven. Photo: May Tse
Despite the recent slowdown, heightened geopolitical risk could ultimately strengthen Hong Kong’s appeal as a capital haven. Photo: May Tse
Hong Kong economy

From toilet paper to travel: why inflation could soon hit Hongkongers hard

Continuing uncertainty because of the Middle East war-linked oil shock will intensify inflationary pressures, analysts warn.

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Hong Kong economy

Hong Kong, mainland China sign ‘milestone’ MOU on promoting digital economy

Memorandum of understanding covers topics including AI promotion, cross-boundary data flow and blockchain.

Hong Kong economy

Progress hailed as Hong Kong, Shanghai link digital authentication systems

Push for digital integration has already yielded practical results, Hong Kong official says.

The Working Group on Shanghai and Hong Kong Digital Cooperation holds its first annual meeting. Photo: Handout
Hong Kong economy

Hong Kong balancing security and innovation as nation’s ‘firewall’: Paul Chan

Finance chief says security is key to China’s high-quality growth as geopolitical tensions create risks to energy supplies and financial markets.

The Central financial district in Hong Kong. Finance chief Paul Chan says the concept of national security is intertwined with various fields, such as finance, energy, technology, food and overseas interests. Photo: Jelly Tse
The Central financial district in Hong Kong. Finance chief Paul Chan says the concept of national security is intertwined with various fields, such as finance, energy, technology, food and overseas interests. Photo: Jelly Tse
Banking & finance

Calls grow for HKMA to go further on stablecoins after conservative first batch

Analysts and investors say the HKMA’s cautious approach prioritises risk control, but limits Hong Kong’s digital asset ambitions.

Hong Kong stock market

Can Hong Kong’s listing reform 2.0 win over innovative firms?

The reforms enhance the city’s appeal for AI, biotech and other firms by slashing the market cap threshold and enabling confidential filings.

Hong Kong economy

Hong Kong will pay diesel subsidies directly to oil firms, look out for abuse

Government will know if oil firms try to take advantage of HK$3 subsidy scheme by increasing prices, official warns.

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The fuel crisis sparked by the Middle East conflict has led to a surge in the global diesel and petrol prices with Hong Kong. Photo: Jelly Tse
Hong Kong economy

Is oil crisis just the start of economic pain for Hongkongers?

With diesel and petrol prices in city highest in the world, analysts warn that consumers will inevitably feel the impact in their wallets.

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Illustration: Henry Wong
Illustration: Henry Wong
Hong Kong economy

Hong Kong seeks to raise bond issuance ceiling to HK$900 billion

Government proposes to raise borrowing ceiling from HK$700 billion to HK$900 billion to fund infrastructure development.

Hong Kong economy

Ex-Hong Kong leader’s Chinese medicine platform to link mainland and global markets

Leung Chun-ying launches Hong Kong-based trading platform to boost transparency, efficiency and global reach of branch of medical practice.

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Hong Kong society

Japanese band One OK Rock cancels Hong Kong concerts in May

Axing of shows on May 2 and 3 due to ‘unforeseen circumstances’ follows cancellation of May 9 concert in Shanghai.

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Japanese band One OK Rock has abruptly cancelled the Hong Kong leg of its highly anticipated “Detox” Asia Tour. Photo: Handout
Japanese band One OK Rock has abruptly cancelled the Hong Kong leg of its highly anticipated “Detox” Asia Tour. Photo: Handout
Hong Kong economy

Diesel subsidies, cheaper tolls to help transport sector as fuel costs soar

Short-term relief measures include diesel subsidies of HK$3 per litre, half-price tunnel tolls for non-private vehicles.

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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

Easter box office takings twice that of 2025 break despite exodus of Hongkongers

Local cinemas earn HK$25.93 million in first four days of holiday, double the figure year on year from the 2025 Easter break.

A still from Night King, the highest-grossing Hong Kong movie over the Easter holiday. Photo: Handout
Hong Kong economy

24% of Hong Kong firms to widely adopt AI, with smaller headcounts expected: KPMG

Survey by professional services firm shows number of companies expected to widely adopt technology up 8 per cent from 2025 figure.

Office buildings in Central. Nearly a quarter of Hong Kong companies are expected to widely adopt AI this year. Photo: Jelly Tse
Office buildings in Central. Nearly a quarter of Hong Kong companies are expected to widely adopt AI this year. Photo: Jelly Tse
Hong Kong economy

80% of Hong Kong fishing vessels grounded due to high fuel prices

Moratorium planned for May 1 but going out to sea already untenable for most fishermen as sector leader warns fish supply likely to fall.

Hong Kong economy

City to set up company this year to fast-track San Tin I&T hub as firms eye move

Government expects to set up fully owned firm by end of year, with CEO and board appointments set for second and third quarters, official Kevin Choi says.

Hong Kong economy

New research institute to ramp up efforts as Hong Kong pursues ‘AI for all’

Artificial Intelligence Research and Development Institute’s first meeting will be held as early as this month to formulate city’s AI road map.

A panoramic view of the San Tin Technopole and the Hong Kong-Shenzhen Innovation and Technology Park in the Northern Metropolis. Photo: Eugene Lee
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