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Hong Kong Economy

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Hong Kong housing
Hong Kong property
Tourism
Parallel trading
Hong Kong stock exchange
Hong Kong land sale
Property investment
Crozier Hong Kong’s art storage facility in Tsing Yi. Photo: Karma Lo
Hong Kong economy

Art storage companies expand in Hong Kong amid government promotion of sector

Crozier increases storage space by 50 per cent while local firm Eythos also growing amid government push to turn city into art trading hub.

Hong Kong economy

CK Hutchison tipped to sell remaining ports despite Panama court ruling: experts

Hong Kong economy

Hong Kong must keep cash buffer amid complicated geopolitics: Paul Chan

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China property

Hang Lung flags ‘tough slog’ for property, looks to mainland malls for growth

Hong Kong developer says property segment recovery will be slow, but sees mainland retail and consumption offering the clearest upside.

Hong Kong developer Hang Lung is pinning its hopes on an uptick in mainland consumption. Photo: AFP
Hong Kong developer Hang Lung is pinning its hopes on an uptick in mainland consumption. Photo: AFP
Hong Kong economy

Hong Kong economy grows 3.5% in 2025, beating earlier forecasts

Advance figures also show GDP in fourth quarter of 2025 grew by 3.8 per cent year on year.

Banking & finance

HSBC suffers temporary system shutdown, stopping services in Hong Kong

The bank’s mobile app and in-person services at several branches were unavailable for up to several hours for some customers during the outage.

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Hong Kong economy

Beijing, Hong Kong slam Panama court ruling on CK Hutchison ports concession

Supreme Court rules port contract of firm’s subsidiary ‘unconstitutional’.

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Panama’s Supreme Court has ruled that the concession contract between the state and the Panama Ports Company, a CK Hutchison subsidiary, is unconstitutional. Photo: AFP
Panama’s Supreme Court has ruled that the concession contract between the state and the Panama Ports Company, a CK Hutchison subsidiary, is unconstitutional. Photo: AFP
Hong Kong economy

Hong Kong travellers continue to favour Japan despite geopolitical tensions

Flights from city to Japan remain unaffected while weaker currency is attracting Hongkongers to the popular destination.

Hong Kong economy

Hong Kong firm, Elior Group sign deal to set up aircraft dismantling centre

But project’s launch depends on availability of a separate plot for recycling fuselages.

Hong Kong economy

Pawsitively posh: Hong Kong Pet Show takes luxury to new heights

More than 1,000 exhibitors at Hong Kong Pet Show, with global pet economy on track to hit US$134.46 billion this year amid sustained growth.

A photo spot styled as an old-fashioned Hong Kong cha chaan teng at the show. Photo: Karma Lo
Hong Kong economy

Hong Kong workers lag regional peers in AI use, lose out on pay, security: PwC

PricewaterhouseCoopers survey finds half of Hong Kong workers use gen AI infrequently at work compared with 34 per cent for Asia-Pacific region.

The survey showed that only 19 per cent of local respondents attributed a salary increase to AI in the last 12 months, far below Asia-Pacific’s 46 per cent. Photo: Eugene Lee
The survey showed that only 19 per cent of local respondents attributed a salary increase to AI in the last 12 months, far below Asia-Pacific’s 46 per cent. Photo: Eugene Lee
Hong Kong economy

Ras Al Khaimah turns to Hong Kong to promote landmark UAE resort

Delegation promotes resort development – the UAE’s first casino project – to be operated under the brand of Hong Kong-listed Wynn Resorts.

Interest rates

HKMA warns of risks as Hong Kong follows Fed in keeping interest rate unchanged

Analysts see the first US rate cut in June, with a falling Hong Kong interbank rate set to bring relief to borrowers.

Hong Kong property

Hong Kong logs US$37 million Admiralty office deal amid market recovery hopes

The sale follows a series of sizeable office transactions and a pickup in leasing, as investors reassess opportunities in Hong Kong.

Admiralty Centre: property agents point to improving sentiment in the commercial segment. Photo: Handout
Hong Kong economy

Vanuatu seeks Hong Kong’s regulatory expertise, woos investors and tourists

Prime Minister Jotham Napat calls visit ‘pivotal moment’ for bilateral relations, as delegation meets senior officials, including Chief Executive John Lee.

Vanuatu is a prominent offshore financial hub and tax haven. Photo: Handout
Vanuatu is a prominent offshore financial hub and tax haven. Photo: Handout
Hong Kong Monetary Authority (HKMA)

Hong Kong’s Exchange Fund reports record earnings in 2025

The Exchange Fund’s full-year earnings jumped 51 per cent to HK$331 billion (US$42 billion), from HK$218.8 billion in 2024.

Banking & finance

Hong Kong’s US$8 billion wealth fund eyes fintech, aerospace and AI for growth

The Hong Kong Investment Corporation will use the city’s advantages amid global competition, geopolitical challenges, CEO Clara Chan says.

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Hong Kong property

Hong Kong home prices snap 3-year downturn as rents surge to a new high

The property market has turned a corner, buoyed by rate cuts, stock gains and talent schemes, analysts say.

The property market turnaround has set the tone for a broader rebound this year, analysts say. Photo: Sam Tsang
The property market turnaround has set the tone for a broader rebound this year, analysts say. Photo: Sam Tsang
Hong Kong property

Mainland Chinese investor snaps up Hong Kong luxury home for US$22 million

Mid-Levels West deal highlights continued strong demand for Hong Kong’s trophy homes, driven largely by mainland Chinese buyers.

Hong Kong tourism

Hong Kong Lunar New Year parade to feature Labubu, wishing tree on floats

Tourism Board says procession of 12 floats will feature dozens of performing groups, expects event to draw 100,000 people.

Hong Kong society

Hong Kong eyes bigger marathon with egg waffles and milk tea to cheer runners

Tourism chief Rosanna Law says government open to expanding Standard Chartered Hong Kong Marathon capacity or turning it into two-day event.

Athletes run along Island Eastern Corridor during the 10km race of the marathon. Photo: Eugene Lee
Hong Kong economy

Hong Kong’s exports jump 15.4% in 2025 to ‘historical high’

City’s trade to be supported by sustained global growth, improved ties with new markets and strong demand for AI products, authorities say.

Kwai Chung Container Terminal. Photo: Sam Tsang
Kwai Chung Container Terminal. Photo: Sam Tsang
Hong Kong property

Hong Kong records US$95 million worth of luxury home deals in a single day

The surge in luxury home deals comes amid a recovery in Hong Kong’s residential property segment.

Hong Kong entertainment

What were lead singer Rosé’s local snack choices at Blackpink’s Hong Kong shows?

Classic street foods take the spotlight as K-pop star samples local favourites throughout the group’s world tour finale at Kai Tak Stadium.

Gold in Hong Kong

Explainer | Why Hong Kong’s gold ambitions run through Shanghai

As Hong Kong and Shanghai deepen cooperation in the gold market, officials are hailing the agreement as ‘the dawn of a new chapter’.

Gold bricks displayed at Hong Kong Gold Exchange. Photo: Edmond So
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