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Hong Kong economy

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Hong Kong economy
Breaking news and analysis on Hong Kong's economy and the companies that operate in the city, including its GDP, economic outlook, impact of the coronavirus outbreak, macroeconomic indicators, the local government finance and budget, retail sales, consumption, employment and monetary policy.
Kai Tak Sports Park includes a 50,000-seat main stadium. Photo: Reuters
Hong Kong

Ex-Hong Kong Disneyland boss to take reins as CEO of Kai Tak Sports Park

Andrew Kam will take over from CEO John Sharkey, who is stepping down after a nearly 10-year stint.

Hong Kong

Number of registered companies in Hong Kong reaches record 1.56 million in 2025

Mainland China

Hong Kong’s finance chief warns of market volatility, pledges support for families

Hong Kong

Hong Kong government’s cargo-tracking digital platform launched with 2,300 firms

Secretary for Transport and Logistics Mable Chan says new Port Community System streamlines transport data, improving transparency for users.

A view of Kwai Chung Container Terminal. The Port Community System uses AI and blockchain technology to provide instantaneous cargo tracking services. Photo: Sam Tsang
Hong Kong

Can new tricks save Hong Kong’s restaurants from ‘irreversible’ Shenzhen trend?

Business models are being overhauled as food and drink sector tackles ‘irreversible’ trend of Hongkongers spending their money elsewhere.

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Greater Bay Area

Hong Kong lawyers told to specialise, not just compete, in Greater Bay Area

Bar Association chair Jose-Antonio Maurellet says lawyers can contribute to joint legal teams in cases with mainland and common law elements.

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Insurance

Hong Kong employee insurance costs to jump 15% amid surge in day procedures: study

Firms warned of rising costs as increasing number of minor day-surgery claims under inpatient plans drive up group insurance premiums.

The Hong Kong Employee Medical Insurance Index report findings have been released by Polytechnic University in collaboration with corporate employee benefits and MPF consultancy GUM. Photo: Theodora Yu
Hong Kong

Editorial | Hong Kong’s biotech hub aim advanced by pacts with national agencies

Deepening cooperation on traditional Chinese medicine and cancer research will help the city play a role in developing more effective and less intrusive treatments.

Hong Kong’s Tai Po fire tragedy

Hong Kong officials urge buy-back plan over ‘challenging’ Wang Fuk Court rebuild

Deputy finance chief Michael Wong says legal and ownership issues make rebuilding unfeasible, with buy-back option the fastest, most flexible solution.

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Asean

73% of Hong Kong, Greater Bay Area firms ramping up expansion into Asean: survey

Survey by Hong Kong Trade Development Council and United Overseas Bank also shows 98 per cent of companies plan to keep or expand Asean operations.

The Asean flag alongside those of its member countries ahead of the Asean Foreign Ministers’ Retreat in Langkawi, Malaysia, in January 2025. Photo: Reuters
Animal welfare in Hong Kong

Animal welfare groups slam Hong Kong pet shop for offering cat rental service

Pet shop gave clients the chance to rent a cat for a week for HK$800 with a refundable deposit of HK$6,500 before buying.

The pet shop is located in a commercial building in North Point. Photo: Jelly Tse
Banking & finance

‘One of a kind’: tributes pour in for David Webb, Hong Kong’s ‘voice of integrity’

Financial and civic leaders remember former activist investor, hailed for his fearless pursuit of corporate transparency and accountability.

Hong Kong society

HK$5 million plan to install anti-terrorism bollards near Hong Kong’s Sogo store

Authorities plan to place bollards and crash barriers at road crossings near Sogo in Causeway Bay and at the nearby Paterson Street pedestrian precinct.

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Hong Kong healthcare and hospitals

Most Hong Kong residents support more smoking control measures, study finds

Raising tobacco tax progressively could cut the city’s smoking rate significantly within a decade, separate study estimates.

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The fixed penalty for smoking offences has doubled to HK$3,000. Photo: Jelly Tse
Hong Kong

Hong Kong corporate governance activist David Webb dies at 60

A champion of transparency and investor rights, whose investigations and sharp commentaries unsettled the financial elite.

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Corporate governance activist David Webb has died at the age of 60. Photo: May Tse
Education in Hong Kong

Nearly 1 in 4 Hong Kong students can’t finish homework without AI, study shows

Our Hong Kong Foundation calls for unified AI platform and more comprehensive curriculum to cover students at all academic levels.

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Northern Metropolis

Hong Kong’s SHKP secures HK$1.4 billion land deal in Northern Metropolis

Property giant says site could yield over 1.2 million sq ft of floor area and 2,700 flats, making it one of the biggest housing projects in the area.

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Hong Kong International Airport

Letters | Hong Kong airport has recovered well from the pandemic

Readers discuss the competitiveness of HKIA, the impact of the medical fee hike, and the success of the high-speed rail link.

Travellers arrive at Hong Kong International Airport on December 27, during the holiday season. Photo: Eugene Lee
Mainland China

Hong Kong and Nansha target global drone benchmark via cross-border trials

Academics, stakeholders, drone and eVTOL operators, and research institutes from both sides to formulate aligned standards through a closed-loop model.

Hong Kong culture

Editorial | Amid Back to the Past’s success, Hong Kong cinema should look to the future

Although its heyday may be over, the city’s film industry must focus on quality over quantity as it adapts to the changing world of entertainment.

Hong Kong transport

Editorial | Expanded Hong Kong-mainland rail links can be engine of growth

The addition of new destinations offers travellers more options and further unlocks the economic potential of the high-speed rail service.

Passengers wait to depart at the ticketing concourse in Hong Kong West Kowloon Station on January 11. Photo: Sam Tsang
Hong Kong property

Hong Kong’s housing market gets a vote of confidence from major banks

Most financial institutions forecast price gains ranging from 5 to 10 per cent, supported by supply constraints and end-user demand.

A night view of Hong Kong Island and Kowloon from The Peak. Property prices in the city are expected to trend upwards this year. Photo: Sam Tsang
Artificial intelligence

Producers at Hong Kong toy fair bet on AI-powered plushies to double sales

But some buyers also express concerns over use of the technology in toys for children.

Hong Kong transport

Seats sell out on Hong Kong’s new high-speed rail routes to mainland China

Business-class seats on the January 26 train to Nanjing South, priced at HK$3,136, were sold out by Monday afternoon.

Hong Kong society

Hong Kong’s Ma On Shan loses its only cinema amid wave of movie theatre closures

Emperor Cinemas shuts down its MOSTown shopping centre theatre on Monday, saying vouchers and coupons still valid at other branches.

Emperor Cinemas has announced it will close its branch in Ma On Shan. Photo: Jelly Tse
Hong Kong transport

Over 1,000 apply as online slots for test-free Hong Kong driving licence go fast

Post reporter tried to secure spot at 7am but was met with a digital bottleneck that saw all available slots snapped up in just over 30 minutes.

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Hong Kong currently allows holders of full driving licences from 32 countries or regions to apply for a local permit without taking a test. Photo: Dickson Lee
Hong Kong budget 2026-27

Hong Kong must issue bonds as public works drive capital account deficit: Paul Chan

Finance chief also says annual budget will be delivered on February 25.

Hong Kong budget 2025-26

Opinion | Hong Kong returning to surplus no excuse for splashing budget cash

Northern Metropolis ambitions and Tai Po fire recovery will test the city’s commitment to fiscal prudence.

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