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Hong Kong Economy

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Hong Kong's skyline Hong Kong regulators have ordered banks to strengthen compliance checks on mainland Chinese customers. Photo: Eugene Lee
Banking & finance

Mainland Chinese react as Hong Kong tightens access to offshore investing routes

Banks have been ordered to step up checks, part of wider efforts to strengthen oversight of cross-border capital flows.

Hong Kong economy

Hong Kong exports surge 43% in April, driven by strong demand for AI electronics

Hong Kong economy

Merge Hong Kong’s 2 cross-boundary ferry piers to optimise capacity: lawmakers

Hong Kong economy

Hong Kong eyes Central Asian listings as HKEX CEO pitches city’s deep liquidity

Bonnie Chan says city seeks closer collaboration with region ahead of city leader’s high-level trip to Kazakhstan and Uzbekistan in early June.

Astana, Kazakhstan. A high-level delegation led by Chief Executive John Lee will head to Kazakhstan and Uzbekistan in early June. Photo: Reuters
Astana, Kazakhstan. A high-level delegation led by Chief Executive John Lee will head to Kazakhstan and Uzbekistan in early June. Photo: Reuters
Hong Kong economy

Hong Kong to roll out 2-month LPG subsidy to ease burden on transport firms

LPG subsidy to take effect on Sunday and benefit operators of city’s 20,000 commercial transport vehicles, from taxis to school buses.

Hong Kong economy

Top industrialist Sunny Chai picked to head firm developing San Tin Technopole

Chai to step down as science park chairman next month before taking on role at new company steering development of innovation and technology hub.

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Hong Kong economy

Lawmakers push for answers on spending for HK$9.96b project with fencing arena

Development chief Doris Ho defends massive project cost, saying government has already pushed for further money-saving measures.

The HK$9.96 billion project in Kwu Tung North and Fanling North is part of the Northern Metropolis megaproject. Photo: Eugene Lee
The HK$9.96 billion project in Kwu Tung North and Fanling North is part of the Northern Metropolis megaproject. Photo: Eugene Lee
Hong Kong science and tech

How Hong Kong’s first astronaut triggered a space education race

Lai Ka-ying’s selection spurs interest in aerospace and satellite-design courses at centre, as industry leaders call for blueprint.

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Hong Kong economy

Hong Kong firm that makes medical implants to expand into Central Asia

Koln 3D CEO Edmond Yau says company will expand research in Kazakhstan, explore Uzbekistan and consider setting up factory in the region.

Hong Kong economy

China Mobile plans fresh Central Asia link to Hong Kong submarine cable network

Telecoms giant’s announcement comes ahead of Hong Kong leader John Lee’s first official visit to Kazakhstan and Uzbekistan in early June.

Telecoms giant China Mobile International is planning another route to connect terrestrial cables in Central Asia with Hong Kong’s submarine network. Photo: Handout
Hong Kong economy

Can Hong Kong airport’s Terminal 2 take off as 11 Skies, rivals pose challenges?

Experts say mixed-use complex must go beyond relying on passenger traffic and appeal to local market by matching offerings of city-centre malls.

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Illustration: Lau Ka-kuen
Illustration: Lau Ka-kuen
Hong Kong economy

Private equity firm Templewater primed as Hong Kong deepens Central Asia ties

Chairman Cliff Zhang says company positioning itself as ‘superconnector’ to channel Middle East funds into emerging market amid volatility elsewhere.

Hong Kong society

Hong Kong’s first astronaut has done city proud but now what else is needed?

Steps needed to turn short-term excitement surrounding Lai’s Shenzhou-23 mission into long-term talent pipeline, academic says.

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Hong Kong economy

Game over? Shake-up proposed for Hong Kong internet cafes offering overnight stays

Authorities looking at two pathways to bring internet cafes under regulatory oversight, as some call for rethink to capitalise on esports boom.

In Hong Kong, internet cafe operators need a hotel or guest house licence to allow customers to stay overnight. Photo: Getty Images
Hong Kong transport

Exclusive | Hong Kong airport set for volume shift after flights rejigged amid fuel crisis

Some airlines say they will operate all scheduled flights beyond June after initial consolidation efforts to offset higher jet fuel prices.

According to data from analytics company Cirium, the aviation industry managed disruptions through capacity changes made months in advance rather than opting for last-minute cancellations. Photo: Elson Li
According to data from analytics company Cirium, the aviation industry managed disruptions through capacity changes made months in advance rather than opting for last-minute cancellations. Photo: Elson Li
Hong Kong economy

Hong Kong’s Paul Chan urges closer Europe ties, dialogue to work out differences

Finance chief says opportunities exist to tap city’s capital markets, while acknowledging concerns over trade imbalances.

Hong Kong transport

What to eat and buy at Hong Kong airport’s revamped Terminal 2

Passengers and visitors will find 25 shopping and dining options, including McDonald’s, Nap Tea and Imperial Patisserie.

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Hong Kong property

Hong Kong to see more mainland Chinese brands enter retail market, analysts say

In the first four months of the year, more than one fifth of new entrants in the city’s retail market were mainland brands, according to JLL.

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Last year, Mao Geping Cosmetics opened its first outlet in Hong Kong at Harbour City in Tsim Sha Tsui. Photo: Li Cao
Last year, Mao Geping Cosmetics opened its first outlet in Hong Kong at Harbour City in Tsim Sha Tsui. Photo: Li Cao
Hong Kong

Is Hong Kong following Beijing’s lead and ousting Western tech?

A task force is implementing domestic technology in the mainland Chinese public sector, while Hong Kong has no official related policy.

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Hong Kong society

Law change could require claw machines to display odds and licensee details

Home affairs minister Alice Mak says higher prize value and payouts will be considered but priority is protecting customers and preventing addiction.

Hong Kong transport

Revamped Terminal 2 to uplift Hong Kong’s aviation hub status: Airport Authority

Chairman Fred Lam describes facility as ‘milestone’ in airport’s development, prioritising efficiency and user experience.

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Officials attend the opening ceremony for Terminal 2 at Hong Kong International Airport. Photo: Dickson Lee
Banking & finance

Standard Chartered CEO apologises for ‘lower-value human capital’ remarks

Winters expresses regret for his choice of words describing how AI would replace some workers at the lender.

Standard Chartered CEO Bill Winters. Photo: Jonathan Wong
Standard Chartered CEO Bill Winters. Photo: Jonathan Wong
Hong Kong economy

K-pop stars BTS to hold 3 concerts at Hong Kong’s Kai Tak Stadium in 2027

Boy band will perform on March 4, 6 and 7 as part of their ‘Arirang’ world tour, with tickets to sell for up to HK$3,299 each.

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Hong Kong economy

Exclusive | Northern Metropolis industrial park draws ‘global interest’ from AI, green firms

Hung Shui Kiu Industry Park Company chairman Jeffrey Lam targets July 2027 launch as ‘gift’ for 30th anniversary of return to Chinese sovereignty.

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Hong Kong economy

Hong Kong trade office in London can continue ‘legitimate activity’: UK official

UK government resists calls to revoke Hong Kong trade office privileges after spy case, but insists it will act against any threat to security.

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The Hong Kong Economic and Trade Office building in London. Photo: Google Maps
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