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Hong Kong Economy

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Hong Kong housing
Hong Kong property
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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
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.

Hong Kong economy

Hong Kong to roll out subsidies, fee waivers for transport sector amid fuel crisis

Hong Kong economy

US-Iran ceasefire unlikely to cause big fuel price drop: Hong Kong economists

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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
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.

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.

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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.

Authorities have said they will set up a company this year to accelerate the development of the San Tin Technopole. Photo: Sam Tsang
Authorities have said they will set up a company this year to accelerate the development of the San Tin Technopole. Photo: Sam Tsang
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.

Hong Kong economy

Backlash brews for Hong Kong coffee festival over response to bad weather

Muddy grounds and rainy weather cause chaos and frustration at 2026 Coffee Hong Kong @WestK over Easter weekend.

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Hong Kong economy

Hong Kong’s Northern Metropolis to get separate fencing hall, pool complex

Sports industry experts stress importance of good support services for athletes after government updates plan to meet global standards.

An aerial view of the Kwu Tung area. Photo: Eugene Lee
Hong Kong property

Brisk flat sales at Hong Kong project as buyers unfazed by potential rate hikes

Flats at La Mirabelle in Tseung Kwan O range from 360 sq ft to 558 sq ft and with layouts of one to two bedrooms.

Flats in La Mirabelle are priced between HK$5.93 million and HK$8.99 million. Photo: Handout
Flats in La Mirabelle are priced between HK$5.93 million and HK$8.99 million. Photo: Handout
Hong Kong economy

Car record for mega bridge’s Hong Kong crossing as F&B sector feels holiday pain

Number of outgoing residents up 14.3 per cent year on year to 2.1 million, but more inbound visitors lead to high hotel occupancy.

Banking & finance

Stricter Chinese scrutiny of offshore vehicles a blow for tech IPO candidates

Mainland’s stock market watchdog is discouraging establishment of ‘red-chip-structured’ companies in sensitive industries.

Hong Kong economy

Hong Kong restaurant revenues drop over Easter as departures outnumber arrivals

Estimated 6 to 7 per cent year-on-year dip in catering sector business over long weekend amid exodus of locals, F&B trade representative says.

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A restaurant in Tsim Sha Tsui on Easter Sunday. Photo: Eugene Lee
Hong Kong property

Hong Kong developers test homebuyers with price increases after sell-outs

‘This is a classic recovery-phase strategy: testing price elasticity without undermining the building momentum,’ an analyst says.

The Chester has 241 flats with layouts from one to four bedrooms. Photo: Handout
The Chester has 241 flats with layouts from one to four bedrooms. Photo: Handout
Mandatory Provident Fund (MPF)

Hong Kong’s MPF set to report worst performance in 3 years in March

The MPF funds’ monthly showing was the worst in three years as they tracked the Hang Seng Index, which also fell to a three-year low.

Hong Kong transport

Signal fault disrupts Hong Kong MTR’s Airport Express, Tung Chung line services

Rail operator says issue has been fixed after emergency repair work and all services back to normal after 8pm.

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Hong Kong economy

Move over, Easter bunny: cats are the stars in Hong Kong this holiday

Seasonal cat-themed artworks are stealing the limelight this Easter, tapping into the city’s booming ‘cat economy’.

‘A Moment to Purr’, a giant interactive cat art installation, is located at the arrivals hall of Terminal 1 at Hong Kong International Airport. Photo: Eugene Lee
‘A Moment to Purr’, a giant interactive cat art installation, is located at the arrivals hall of Terminal 1 at Hong Kong International Airport. Photo: Eugene Lee
Hong Kong economy

Hong Kong economy showed resilience in first quarter of 2026, Paul Chan says

In review of first-quarter performance, finance chief points to city’s attraction to investors seeking safe haven amid uncertainty.

Hong Kong economy

Hong Kong tourists choose safety, affordability with trips to mainland China

Travel industry leader says rise in airlines’ fuel surcharges and Mideast conflict have dampened Hongkongers’ desire to travel long distances.

Hong Kong economy

Hong Kong IP festival Con-Con draws crowds on opening day

Visitors to two-day Con-Con Hong Kong 2026 stock up on exclusive merchandise at booths and take pictures of the latest figurines.

Crowds pack the IP extravaganza at AsiaWorld-Expo on Saturday. Photo: Eugene Lee
Hong Kong economy

685,000 Hongkongers head out of city at start of Easter holiday

More residents are travelling to mainland China for the break because of the Middle East war, Tourism Association head says.

Crowds at West Kowloon station on the first day of the Easter holiday. Photo: Jelly Tse
Crowds at West Kowloon station on the first day of the Easter holiday. Photo: Jelly Tse
Hong Kong economy

More Hongkongers to travel over long Easter break despite higher costs

60 per cent of outbound travellers expected to head to mainland cities, with high-speed rail continuing to gain popularity as the preferred mode of transport.

Hong Kong economy

Looking for Easter holiday inspiration? Here’s what’s happening in Hong Kong

From a coffee festival to a Doraemon show, there’s plenty to do and see for both residents and visitors over the long weekend break.

Hong Kong property

New World pulls back on Causeway Bay acquisition amid uneven recovery

Developer steps back from consolidating three commercial sites as high costs and patchy demand weigh on redevelopment decisions.

No 76 Percival Street in Causeway Bay. Photo: Antony Dickson
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