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Hong Kong Economy

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Hong Kong housing
Hong Kong property
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Parallel trading
Hong Kong stock exchange
Hong Kong land sale
Property investment
CK Hutchison has said Panama will be responsible for “any harm and damage caused by the confiscatory actions it has taken”. Photo: Jelly Tse
Hong Kong economy

Panama’s port takeover ‘culmination of a campaign’ against CK Hutchison

Company says officials entered terminals ‘without invitation’, told staff concession had ended and ordered immediate halt to operations.

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Banking & finance

Standard Chartered’s 2025 profit jumps 16% buoyed by wealth management growth

Hong Kong budget 2026-27

Exclusive | Hong Kong to boost IP economy with new academy, patent evaluation support

Hong Kong property

Why global banks are betting on a double-digit surge in Hong Kong home prices

JPMorgan and Goldman Sachs join Morgan Stanley in lifting their market outlook to double digits, as price gains outpace previous expectations.

Skyscrapers dot the landscape of Hong Kong’s Mid-Levels. The city’s housing rebound has been led in part by the luxury segment. Photo: Getty Images/iStockphoto
Skyscrapers dot the landscape of Hong Kong’s Mid-Levels. The city’s housing rebound has been led in part by the luxury segment. Photo: Getty Images/iStockphoto
Hong Kong economy

Mainland China group wins deal to operate Hong Kong harbourfront event space

Bay Area Media wins three-year tenancy to turn former railway freight pier into event space featuring food and entertainment facilities as well as pet-friendly park.

Hong Kong economy

Hong Kong businesses take Trump’s latest tariff surprise in stride

Industry representatives convinced impact of new 15 per cent global tariff on city will be ‘limited’, echoing opinion of financial officials.

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Hong Kong property

Hong Kong home sales head for 22-year high as developers test price resilience

Deep discounts that were offered by developers to reduce unsold inventory may be a thing of the past, analysts say.

Aerial view of residential buildings in Tseung Kwan O. Photo: Sam Tsang
Aerial view of residential buildings in Tseung Kwan O. Photo: Sam Tsang
Hong Kong budget 2026-27

Hong Kong budget 2026-27: should the coming blueprint boost yuan’s global push?

Experts say Hong Kong has ‘distinct advantages’ that can support the country’s financial development amid geopolitical uncertainties.

Hong Kong economy

Hong Kong jewellery sales sparkle amid 13% jump in mainland Chinese visitors

Lawmaker Peter Shiu says ‘pleasant surprise’ came from cosmetics sector, which saw 40 to 50 per cent increase in sales over Lunar New Year break.

Hong Kong budget 2026-27

Hong Kong budget must be ‘prudent’, balance social needs and reserves: Paul Chan

Finance chief also reveals purple cover for 2026-27 budget, saying it symbolises Hong Kong’s economic growth amid external volatility.

Finance minister Paul Chan revealed the cover for Hong Kong’s annual budget in his weekly blog. Photo: Handout
Gold in Hong Kong

Investment gold retailers move into vacant Hong Kong high-street shops

‘We see overwhelming demand for investment gold coins and bars,’ retailer San Gold Coins’ Sophia Chen says.

Investment gold retailers expect to draw first-time buyers and younger savers with move to high-street shops. Photo: Shutterstock
Investment gold retailers expect to draw first-time buyers and younger savers with move to high-street shops. Photo: Shutterstock
Hong Kong budget 2026-27

Hong Kong budget 2026-27: what’s holding back the city’s tech and talent schemes?

Finance chief’s blueprint seen as gauge for officials’ ‘reform mindset’ following Beijing’s 15th five-year plan recommendations.

Hong Kong economy

New US 10% global tariff will have ‘limited impact’ on Hong Kong: treasury chief

Christopher Hui cites city’s service-dominated economy as buffer and says US move highlights Hong Kong’s safe haven status.

Hong Kong economy

Hong Kong budget 2026-27: ‘sweeteners’ for grass roots or the middle class?

Debate grows in the wake of finance chief’s projection that city will achieve early operating account surplus after three-year deficit.

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People at a pedestrian crossing in Central. How will the coming budget benefit ordinary Hongkongers? Photo: Karma Lo
Hong Kong economy

Hong Kong’s jobless rate edges up to 3.9%

But authorities remain optimistic, saying growing economy will support labour market going forward.

Commuters in Central. Hong Kong’s jobless rate has edged up by 0.1 per cent over the past three months to 3.9 per cent. Photo: Eugene Lee
Commuters in Central. Hong Kong’s jobless rate has edged up by 0.1 per cent over the past three months to 3.9 per cent. Photo: Eugene Lee
Hong Kong property

Hong Kong’s property market to build on gains in the Year of the Horse: agents

Overall property transactions in the Year of the Snake totalled 87,506 valued at about US$86.8 billion, according to the Land Registry.

Hong Kong tourism

Hongkongers make 1.4 million outbound trips over Lunar New Year break

Local tourism sector reports modest gains this year despite nearly 13 per cent drop in mainland Chinese arrivals from pre-pandemic levels.

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Hong Kong budget 2026-27

What’s at stake for Hong Kong as reflected in budget 2026-27?

Analysts are upbeat amid city’s booming IPO sector and thriving financial market, but warn of geopolitical headwinds.

Illustration: Davies Christian Surya
Illustration: Davies Christian Surya
Banking & finance

HK$10,000 bonus, extra day off: Hong Kong banks reward staff returning to work

Bank of China (Hong Kong) is giving away hampers, ZA Bank is paying a HK$10,000 bonus, while HSBC and Hang Seng are offering HK$500.

Hong Kong tourism

Hong Kong hotels, tourist-area eateries report brisk trade over Lunar New Year

Locals left city in droves from February 13 to 18, with residents making 2.5 million journeys out, compared with 1 million tourist arrivals.

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Hong Kong economy

Crowds continue to flood Hong Kong attractions despite outbound travel surge

Popular spots across city continue to draw large festive crowds, even as data shows nearly 16 per cent rise in net outflow during holiday period.

Crowds flocked to the Che Kung Temple in Sha Tin. Photo: Edmond So
Hong Kong economy

How Guangdong drivers are celebrating Lunar New Year in Hong Kong

‘I’m a fan of Hong Kong’s car culture, so I wanted to see how local owners modify their vehicles and chat with them about cars,’ one visitor says.

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Guangzhou resident Eason Chong says driving to Hong Kong is much more convenient than taking a bus or the high-speed train. Photo: Eason Chong
Guangzhou resident Eason Chong says driving to Hong Kong is much more convenient than taking a bus or the high-speed train. Photo: Eason Chong
Hong Kong society

Hong Kong’s Lunar New Year fireworks dazzle as visitor numbers gallop ahead

City leader John Lee vows to carry out reforms at full speed, says to public ‘let’s march forward bravely and confidently together’ in new year.

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Hong Kong society

Tens of thousands line streets for Hong Kong’s Lunar New Year night parade

Float parade to mark start of the Year of the Horse begins with an East-meets-West street party.

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Hong Kong economy

How Hong Kong will signal gallop towards prosperity with Lunar New Year fireworks

As the city prepares to welcome the Year of the Horse, the SCMP takes a look at the highlights of the spectacle and where best to watch it.

Themed “Prosperity Gallops Across Hong Kong,” the fireworks show will feature vibrant elements inspired by the energy and spirit of horses. Photo: HKJC
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