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Hong Kong Economy

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Hong Kong housing
Hong Kong property
Tourism
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Hong Kong stock exchange
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Property investment
The Ovation of the Seas ship docks at the cruise terminal in October. Photo: Dickson Lee
Hong Kong economy

Hong Kong opens bid for next Kai Tak Cruise Terminal operator with stricter KPIs

New term set to begin on June 1, 2028, with the winning bidder set to manage the facility for 10 years, with a possible five-year extension.

Hong Kong tourism

Japan loses appeal as Hongkongers pick South Korea, mainland China this Christmas

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Retailing

‘C-beauty’ cosmetics brands find retail expansion outside China a slow slog

Swire Group

Swire Pacific’s Guy Bradley to lead Hong Kong’s Cathay Pacific, Swire Coca-Cola

Bradley succeeds Patrick Healy, who will retire from the Swire Group in May next year after over three decades of service.

Swire Pacific chairman Guy Bradley. Photo: Jonathan Wong
Swire Pacific chairman Guy Bradley. Photo: Jonathan Wong
Hong Kong property

Hong Kong luxury flat sells for US$28.9 million in latest high-end property deal

The Mont Verra flat has four rooms with a total saleable area of 4,332 sq ft, translating to a price of HK$51,939 per square foot.

Hong Kong property

2 Deep Water Bay homes sold for US$283 million in biggest deal in years

The two three-storey units at 6 Deep Water Bay Road fetched HK$147,010 per square foot, the highest since HK$150,000 for a 2015 deal.

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Hong Kong economy

Hong Kong tightens rules for waterfront event space after hot-air balloon fiasco

Bids invited for the development, operation, management and maintenance of The Pier in Hung Hom for about three years.

Long-term plans for Hung Hom’s waterfront include a world-class yacht berthing facility, illustrated in this artist’s impression. Photo: Handout
Long-term plans for Hung Hom’s waterfront include a world-class yacht berthing facility, illustrated in this artist’s impression. Photo: Handout
Banking & finance

Gold takes centre stage as Hong Kong builds commodities ecosystem

Hong Kong plans to build an international gold trading centre as part of a wider commodities hub push.

Hong Kong economy

Bridge work starts as Hong Kong opens tech park in cross-border innovation hub

City leader says bridge will open up transport networks of cooperation zone and promote cross-border talent flow and integration.

Hong Kong economy

Hong Kong’s famed Peak Tram to increase standard fares by up to 40%

Return tickets for adults will cost HK$116 from next Monday, while fares for children and the elderly will jump to HK$75.

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The Peak Tram is a popular tourist attraction. Photo: Sam Tsang
Hong Kong economy

Hong Kong restaurants eye Lunar New Year boost after weak winter solstice sales

Slump in sales for traditional dinner gatherings tied to Tai Po fire tragedy, with restaurants looking to February for turnaround.

Many Hongkongers traditionally celebrate the winter solstice with family dinners – similar to Thanksgiving. Photo: Jelly Tse
Many Hongkongers traditionally celebrate the winter solstice with family dinners – similar to Thanksgiving. Photo: Jelly Tse
Hong Kong economy

New bypass and transport links to boost Hong Kong’s competitiveness: Paul Chan

Finance chief also says city’s planned major road and rail expansion will drive deeper Greater Bay Area integration.

Hong Kong property

Hong Kong, Singapore embrace flex offices as multinationals reshape demand

Flex operators deliver creditworthy tenants – a departure from the sector’s early reliance on start-ups and small firms: analysts.

Hong Kong transport

Explainer | How Hongkongers can make the best use of new section of Central Kowloon Bypass

The Post looks at the shorter routes that drivers and commuters can take when the Yau Ma Tei section of the Central Kowloon Bypass opens on Sunday.

The Yau Ma Tei section of the Central Kowloon Bypass will allow drivers and commuters to significantly cut travel times. Photo: Eugene Lee
Banking & finance

Chinese AI, chip start-ups court global investors with Hong Kong listing plans

GigaDevice and Montage are each aiming to raise as much as US$1 billion from Hong Kong listings as early as January, report says.

The MetaX booth at the World Artificial Intelligence Conference in Shanghai, July 26, 2025. Photo: CFOTO/Future Publishing via Getty Images
The MetaX booth at the World Artificial Intelligence Conference in Shanghai, July 26, 2025. Photo: CFOTO/Future Publishing via Getty Images
Hong Kong economy

Hong Kong Palace Museum says Egyptian exhibition will be most profitable show yet

About 700,000 people expected to visit display over nine-month run, director Louis Ng says.

Hong Kong economy

Hong Kong to become Asia’s leading aircraft recycling hub, John Lee vows

City leader says opening of Aircraft Engineering Training Centre is ‘major step’, adds hub will create ‘better-paid and high-skill jobs’.

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Hong Kong transport

Elior Group begins training workers for Hong Kong aircraft disassembly industry

Company leaders optimistic firm can secure land for operations by third quarter of 2026, but call for tax breaks to boost nascent industry.

Instructor Martin Law (right), who was trained at Elior’s base in France, works with a trainee on an aircraft electrical supply system. Photo: Jonathan Wong
Instructor Martin Law (right), who was trained at Elior’s base in France, works with a trainee on an aircraft electrical supply system. Photo: Jonathan Wong
Hong Kong property

Kai Tak Stadium lifts Hong Kong’s status as major sports and entertainment venue

The 50,000-seat stadium drives repeat tourism, supports retailers and helps prop up retail property landlords, experts say.

Hong Kong economy

Hong Kong launches consultation for 2026 budget focusing on economic growth

Finance chief says he will engage with public and ‘draw on collective wisdom’ while making sure coming budget aligns with five-year plan.

Hong Kong economy

Hong Kong jobless rate unchanged at 3.8% on back of ‘solid’ economic expansion

Improving consumer confidence, economic growth supporting overall market but some sectors may remain under pressure, labour chief says.

The local economy grew 3.3 per cent in the first three quarters year on year. Photo: Sun Yeung
Hong Kong economy

31% of Hong Kong firms to boost hiring next quarter but AI threatens junior jobs

Artificial intelligence could take over junior roles in professional, scientific and technical services, which has net employment outlook of minus 15 per cent.

The survey also found that salaries were expected to rise by 2.7 per cent in 2026. Photo: Sun Yeung
The survey also found that salaries were expected to rise by 2.7 per cent in 2026. Photo: Sun Yeung
Hong Kong property

Hong Kong shipping baron’s nephew buys US$9.6 million flat in Repulse Bay

An entity linked to Raymond Pao, a nephew of the late Y.K. Pao, acquired the 2,491 sq ft, four-bedroom flat in Grand Garden on December 8.

Hong Kong economy

Hong Kong’s Kai Tak Stadium ranks world’s No 3 in ticket sales in debut year

Venue’s ranking, just nine months after debut, cements city’s status as Asia’s events capital, operator says.

Consumer protection in Hong Kong

Hong Kong consumer watchdog finds 1 in 4 face washes fall short on ingredients

Consumers urged to try a small portion on skin beforehand as a precaution when using cleansers that are highly acidic.

Consumer Council CEO Alaina Shum (left) and Kenneth Chan hold a press conference at the council’s office in North Point. Photo: Jelly Tse
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