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Hong Kong

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Hong Kong Economy
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Hong Kong must maintain cash reserves to cope with geopolitical shocks, Paul Chan has said. Photo: Sam Tsang

Hong Kong Economy

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

Finance chief also says city outperformed economic forecasts last year, thanks to strong exports to Southeast Asia.

On This Day | 2006 Egypt bus tragedy leaves 14 Hong Kong tourists dead – SCMP archive

Explainer | Blooming good: where to find cherry blossoms in Hong Kong this spring

Society

‘Rampant like a pandemic’: why Hongkongers struggle to get peace from junk calls

Thousands of residents affected by a surge in junk calls, with 466,000 reported in 2025 alone.

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Hongkongers are struggling to get a break from junk calls. Photo: Eugene Lee
Hongkongers are struggling to get a break from junk calls. Photo: Eugene Lee

Transport

Hong Kong shelves cross-border levy plan, marks second policy U-turn in a day

Proposal was part of city government’s efforts to deal with HK$87.2 billion budget deficit.

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Law and Crime

33 arrested over HK$150 million fraud involving Hong Kong tech grant schemes

ICAC says suspects are 24 men and nine women, including a former Cyberport Management Company employee.

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Business

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

Health & Environment

Over 110,000 secure waivers since Hong Kong public medical fee reform took effect

Health minister Lo Chung-mau says about 53,000 received concession certificates, while roughly 60,000 granted three-month conditional waivers.

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.

Transport

Hong Kong to repeal bus seat belt rules over ‘deficiencies’ in law

Law only applies to new buses registered from Sunday, the day the seat belt rule took effect.

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Passengers wear seat belts on a double-decker bus in Kwun Tong. Photo: Jelly Tse

Law and Crime

4 arrested in crackdown on mainland firms offering illegal labour in Hong Kong

Officers mounted undercover operation targeting firms advertising services online ahead of Lunar New Year.

Authorities display cleaning and renovation tools seized during the undercover operation. Photo: Jelly Tse
Authorities display cleaning and renovation tools seized during the undercover operation. Photo: Jelly Tse

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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Business

NWD shares jump after market views likely stake sale as positive

Debt-laden Hong Kong developer confirms in exchange filing that parent Chow Tai Fook Enterprises has been approached by investors.

Law and Crime

Hong Kong police probe 58 million yen theft at currency exchange shop

Two men escape in vehicle after alleged robbery at shop near 272 Des Voeux Road Central in Sheung Wan.

Hong Kong police have received a report of an alleged robbery outside a money exchange shop in Sheung Wan. Photo: Karma Lo

Politics

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

Transport

More seat belt confusion: does the new law cover all public buses in Hong Kong?

Ex-legislator who was part of committee that scrutinised proposed law says rule should only apply on buses newly registered from January 25.

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Health & Environment

Discovery of badly decomposed whale carcass on Sai Kung beach triggers probe

Authorities alerted to decomposed carcass after villagers found it on beach at Ham Tin Wan, in Sai Kung East Country Park.

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Society

Elderly Hongkongers facing eviction over subdivided flat revamp fear losing jobs

Residents of Sham Shui Po’s Yee Wa Building previously told they needed to leave sometime between March and December.

Yee Wa Building on Un Chau Street. Photo: Eugene Lee
Yee Wa Building on Un Chau Street. Photo: Eugene Lee

Health & Environment

Hong Kong public hospital pricing reform slashes less urgent A&E visits by 24%

Health minister says new system, in place since January 1, offers ‘guiding role’ steering patients with mild conditions to alternatives.

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Transport

Hong Kong issues fresh reminder to buckle up ahead of January 25 seat belt rules

Passengers must wear seat belts if available on public and private buses, while drivers are responsible for child passengers’ safety.

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Health & Environment

Hong Kong’s late summer flu season is over. But official says jabs still vital

Controller of Centre for Health Protection says seasonal influenza activity has dropped below baseline level over the past week.

A health official has urged people to get vaccinated to help prevent a surge in winter flu cases. Photo: Dickson Lee
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OPINION
Jose-Antonio Maurellet

Legal Tales | Late corporate activist David Webb showed why transparency benefits Hong Kong

Jose-Antonio Maurellet
Ken Ip

Opinion | What Hang Seng Bank’s delisting tells us about Hong Kong’s markets

Ken Ip
Alice Wu

Opinion | Hong Kong’s children are paying the price for policy gaps in education

Alice Wu
Matteo Giovannini

Opinion | Talk of digital yuan challenging dollar dominance misses real power shift

Matteo Giovannini
Mike Rowse

Opinion | A home is more than a price tag. Hong Kong must remember this

Mike Rowse
Paul Yip

Opinion | Hong Kong must tackle the challenges of a super-aged society head on

Paul Yip
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MULTIMEDIA
Video

Hong Kong to suspend seat belts on buses rule after less than a week

Hong Kong’s transport chief has said the government will suspend a mandatory seat belt requirement for bus passengers and revise the legislation, after the law was found to be only applicable to new buses registered from January 25, 2026.
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Video

Tai Po fire widow wants answers and accountability

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Video

Hong Kong’s beloved Kam Shing diner to close

Kam shing closing down
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Video

Fish pond cleaning turns deadly

Fish pond cleaning turns deadly
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TRENDING TOPICS
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