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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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Shoppers at a jewellery shop on Canton Road in Tsim Sha Tsui on the first day of mainland China’s “golden week” Labour Day holiday. Photo: Jelly Tse
Hong Kong economy

Hong Kong draws over 1 million mainland ‘golden week’ visitors but spending lags

Authorities say shopping centres and catering sector reported growth, but industry leaders flag inconsistent spending.

Hong Kong economy

Hong Kong pledges deeper ties with Uzbekistan as China signs bilateral agreements

Hong Kong property

What does an improved Hong Kong property outlook mean for land sales?

Hong Kong economy

Hong Kong to ban new EVs with only electronic door handles

Move aligns with mainland China’s decision following concerns that concealed door handles, which are usually electronic, pose safety risks.

A Zeekr X7 electric vehicle with a flush door handle is on display at a showroom in Beijing. Photo: AFP
A Zeekr X7 electric vehicle with a flush door handle is on display at a showroom in Beijing. Photo: AFP
Hong Kong economy

Hong Kong retail sales jump 12.8% in March on back of higher car sales

Retail sales reached HK$33.9 billion as buyers raced to make deals before first registration tax concessions for electric cars ended.

Hong Kong tourism

Aviation authorities report ‘less than 5%’ flight cuts despite Mideast war

Fewer than 5 per cent of Hong Kong flights for May and June have been cancelled, and about 1 per cent in July, despite global fuel crisis.

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Hong Kong property

Hong Kong home sales surge to 2-year high, boosting overall transactions

A total of 8,692 transactions in all sectors were concluded last month, up 12.3 per cent from March’s 7,737 deals.

An aerial view of housing in Tseung Kwan O, February 12, 2026. Photo: Sam Tsang
An aerial view of housing in Tseung Kwan O, February 12, 2026. Photo: Sam Tsang
Hong Kong economy

Hong Kong posts strongest quarterly economic growth in almost 5 years at 5.9%

Robust exports and resilient domestic consumer spending drive growth despite Middle East tensions and rising energy costs.

Hong Kong economy

EcoCeres plans HK$10 billion sustainable aviation fuel plants in Greater Bay Area

Sustainable aviation fuel plants backed by tycoon Peter Lee’s family office hailed by Hong Kong leader as ‘milestone’ cross-border collaboration.

Hong Kong economy

Fee, prize caps proposed for claw machines amid ‘deceptive design’ concerns

Lawmakers suggest capping plays at HK$5 and prizes at HK$300 as first step, while calling for balance between user protection and industry development.

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Lawmakers have warned of “deceptive” claw machine designs that may make winning impossible. Photo: Sam Tsang
Hong Kong economy

Uzbek PM Abdulla Aripov to join ‘milestone’ 200-member delegation in Hong Kong

Prime minister to meet city leader John Lee on Wednesday and join Uzbek officials and business leaders already exploring opportunities.

The official delegation is the largest to visit Hong Kong, according to the government. Photo: Karma Lo
The official delegation is the largest to visit Hong Kong, according to the government. Photo: Karma Lo
Hong Kong economy

‘Golden week’: Hong Kong draws more mainland Chinese visitors but spending uneven

Total visitor arrivals, including overseas travellers, reached 854,929 over first three days of Labour Day holiday, also slightly up from last year’s 803,612.

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Hong Kong economy

Hong Kong to tighten grip on claw machines under new licensing proposal

Move follows surge in claw and pinball machines across city, sparking concern over addiction to games with gambling elements.

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Hong Kong property

Hong Kong residential property upturn drives recovery in office, retail sectors

Shop rents will ‘turn positive by year-end’ but likely post a 3 per cent decline for the entire year, Morgan Stanley says.

A view of Admiralty and Central is seen through the glass windows of the Hong Kong Convention and Exhibition Centre in Wan Chai, April 14, 2026. Photo: Jelly Tse
Hong Kong economy

Hong Kong tax revenue jumps 22% to HK$458 billion

Stamp duty rose by 61 per cent as trading and property deals picked up, while profits and salaries tax also recorded solid gains.

(From left) Deputy Commissioner (Operations) Leung Kin-wa, Commissioner Benjamin Chan and Deputy Commissioner (Technical) Chan Shun-mei of the Inland Revenue Department. Photo: Karma Lo
(From left) Deputy Commissioner (Operations) Leung Kin-wa, Commissioner Benjamin Chan and Deputy Commissioner (Technical) Chan Shun-mei of the Inland Revenue Department. Photo: Karma Lo
Hong Kong economy

Exclusive | Why CY Leung thinks Hong Kong needs to strengthen maritime-related sectors

Former city leader sits down for wide-ranging interview and calls for city to develop shipping insurance and management capabilities.

Hong Kong economy

Finance chief says Hong Kong on track for strongest quarterly growth in 5 years

Growth to exceed 4 per cent, fuelled by 17 per cent rise in visitors and 5.2 per cent gain in retail and catering spending, Paul Chan says.

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Hong Kong tourism

‘Golden week’ begins with bang in Hong Kong, but restaurants’ gains ‘limited’

City records 13 per cent increase in mainland Chinese visitors on first day of holiday, but more prudent spending is affecting restaurants.

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Tourists visit the Tsim Sha Tsui waterfront on the first day of mainland China’s “golden week” Labour Day holiday. Photo: Jelly Tse
Tourists visit the Tsim Sha Tsui waterfront on the first day of mainland China’s “golden week” Labour Day holiday. Photo: Jelly Tse
Hong Kong tourism

Hong Kong’s East Dam draws thousands for ‘golden week’ as entry fee floated

Tourists opt for ecotourism over traditional shopping after Unesco geopark receives widespread publicity on mainland Chinese social media.

Hong Kong tourism

Hongkongers flock to Shenzhen for ‘better’ Labour Day dining and attractions

Residents pack border crossings on first day of ‘golden week’, lured by attentive dining service, lower costs and family-friendly attractions.

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Hong Kong economy

Visitors warned over removing crabs, shells from Hong Kong’s Sharp Island

Authorities, NGO step up education efforts on island in anticipation of increased footfall over Labour Day ‘golden week’ break.

Visitors collect crabs and shells at Sharp Island in Sai Kung. Photo: Eric Jiang
Hong Kong economy

Yacht tourists, hikers drive ‘golden week’ optimism for Hong Kong eateries

Industry leader says 5 per cent year-on-year increase in business expected, adding that operators have ramped up manpower to cope with influx.

Industry leaders say they hope the growing trend of mainland Chinese visitors hiking and sailing yachts will bring a windfall to seafood restaurants. Photo: Elson Li
Industry leaders say they hope the growing trend of mainland Chinese visitors hiking and sailing yachts will bring a windfall to seafood restaurants. Photo: Elson Li
Hong Kong property

Hong Kong homebuyers flock to new launches as flats sell out swiftly

All 120 units at One Victoria Cove I sold out by late afternoon, while Pavilia Farm III sold 19 of 45 units by 6.50pm.

Hong Kong economy

Industrial costs up 50% in Hong Kong since start of Mideast war: oil executive

Wah Fu Petroleum Company executive pledges to pass on subsidy to customers, while taxi union leader praises government for quick intervention.

Hong Kong economy

Hong Kong tour groups to mainland China surge by up to 40% for Labour Day break

Industry leaders say slight fuel surcharge rises for flights to Asian destinations ‘not main driver’ behind Hongkongers heading to mainland.

Short trips to nearby cities that can be reached by high-speed rail are proving popular. Photo: May Tse
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