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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.
Illustration: Victor Sanjinez
Northern Metropolis

Are special laws a quick fix for speeding up Hong Kong’s Northern Metropolis?

Syncing megaproject with key infrastructure and turning it into a ‘living laboratory’ are equally important to its success, tech experts say.

Greater Bay Area

Editorial | Digital cooperation is a vital link for Greater Bay Area integration

European Union

Exclusive | EU budget chief pushes collaboration, bonds on Hong Kong leg of Asia tour

Cinema

Reel deals: Hong Kong to celebrate Cinema Day on April 25 with HK$30 tickets

In past three years, Cinema Day recorded over 600,000 admissions and box office revenue of more than HK$44 million in total.

It was a full house at Emperor Cinema’s IMAX theatre in iSquare, Tsim Sha Tsui, on last year’s Cinema Day. Photo: Dickson Lee
Hong Kong tourism

Mega-events drive 14% year-on-year rise in Hong Kong tourist arrivals in March

City welcomed 4.35 million visitors in March, but Tourism Board warns that war in the Middle East could bring volatility to the travel market.

Paul Chan

Paul Chan backs Hong Kong to be world’s No 2 financial hub within 15 years

Finance chief says city’s strengths are its stable environment and strong growth.

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Hong Kong

Letters | Hong Kong is the perfect complement to Dubai, not a replacement

Readers discuss the possibility of the wealthy migrating to Hong Kong from the United Arab Emirates, and the Hong Kong government’s response to war’s disruptions.

People on the Star Ferry take in Victoria Harbour on March 23. Photo: Eugene Lee
Hong Kong society

Call to check tech trends when drafting policies after basketball betting U-turn

Development of technology is faster than the pace of legislation, ex-lawmaker notes.

Hong Kong society

Editorial | Hong Kong’s U-turn on basketball betting a prudent move

Officials have warned that launching the betting scheme at this time would encourage participation in illegal prediction market gambling.

Hong Kong society

Hong Kong’s basketball betting U-turn ‘aligns with Beijing gambling clampdown’

Home affairs chief Alice Mak says amendment to legalise basketball betting does not mean government must issue licence regardless of changing conditions.

The Jockey Club’s betting centre on Hankow Road in Tsim Sha Tsui. Photo: Jelly Tse
Hong Kong society

Opinion | 4 identities Hong Kong must embrace to provide global leadership

The city can be a bedrock for world commerce, finance, governance and civilisational exchange as we enter a new phase of globalisation.

People walk through Central on August 15, 2025. Photo: Jelly Tse
Insurance

Hong Kong insurance complaints body records 857 cases last year, up 33% from 2024

Most disputes were medical and travel cases, according to Insurance Claims Complaints Panel.

Hong Kong transport

Hong Kong tram operator launches real-time app, pledges no fare rise this year

‘We hope to enable passengers of all ages and backgrounds to easily access tram information,’ Hong Kong Tramways’ managing director says.

Hong Kong tourism

Cheap tours blamed for coerced shopping in Hong Kong: tourism experts

Industry also called on authorities to step up random inspections during coming Labour Day ‘golden week’ holiday.

Visitors at the Victoria Harbour waterfront in Tsim Sha Tsui. Photo: Sam Tsang
Hong Kong

Hong Kong taxpayers face HK$28 billion Covid bad-loan burden from SMEs

Of 67,189 applications approved under government’s Special 100% Loan Guarantee Scheme, 13,231 had defaulted by end of February.

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The SME Financing Guarantee Scheme is managed by HKMC Insurance, a subsidiary of the government-owned Hong Kong Mortgage Corporation. Photo: Nora Tam
Artificial intelligence

Editorial | ‘AI for all’ efforts must not leave any Hongkonger behind

The government is moving in the right direction, but every resident and sector must be able to benefit from the promise of AI.

Hong Kong

Middle East war tests Hong Kong aviation hub status as rivals feel the heat

Flight cuts due to rising fuel prices could affect transit traffic in short run, but impact will depend on duration of conflict, experts say.

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Britain

Hong Kong bets on 36-fold surge in computing power to win global AI hub race

Chief Executive John Lee underlines city’s infrastructure road map as key driver of bid to boost computing power and AI development.

Hong Kong leader John Lee speaks at the World Internet Conference Asia-Pacific Summit at the Convention and Exhibition Centre in Wan Chai. Photo: Karma Lo
US, Israel war on Iran

From toilet paper to travel: why inflation could soon hit Hongkongers hard

Continuing uncertainty because of the Middle East war-linked oil shock will intensify inflationary pressures, analysts warn.

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Hong Kong

Hong Kong, mainland China sign ‘milestone’ MOU on promoting digital economy

Memorandum of understanding covers topics including AI promotion, cross-boundary data flow and blockchain.

Hong Kong

Progress hailed as Hong Kong, Shanghai link digital authentication systems

Push for digital integration has already yielded practical results, Hong Kong official says.

The Working Group on Shanghai and Hong Kong Digital Cooperation holds its first annual meeting. Photo: Handout
Hong Kong

Hong Kong balancing security and innovation as nation’s ‘firewall’: Paul Chan

Finance chief says security is key to China’s high-quality growth as geopolitical tensions create risks to energy supplies and financial markets.

The Central financial district in Hong Kong. Finance chief Paul Chan says the concept of national security is intertwined with various fields, such as finance, energy, technology, food and overseas interests. Photo: Jelly Tse
Hong Kong property

Hong Kong home sales outlook firm even as La Mirabelle demand ebbs

Developers prioritise sales continuity, keeping pricing close to prevailing secondary market levels to ensure consistent absorption.

Hong Kong culture

Opinion | Why securing Hong Kong’s economic future is a cultural question

One-off events are not enough for a city in dire need of a cultural revival that nurtures its subcultures and lets future creators thrive.

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Education in Hong Kong

Editorial | Making Hong Kong desirable to overseas students must be a priority

At stake is not just the survival of international schools that don’t meet non-local student quotas, but also the city’s status as a global hub.

An English Schools Foundation junior school in Fo Tan, Hong Kong. Eight international school operators, including the ESF, did not meet the non-local student quotas this academic year. Photo: Sam Tsang
Hong Kong housing

Landlords of 5,557 subdivided homes seek 3-year grace period to fix flats

Secretary for Housing Winnie Ho says 780 subdivided homes have been granted a grace period.

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For subdivided flats to remain on the market, they will have to meet certain standards. Photo: Dickson Lee
Hong Kong tourism

Letters | Policy outcomes of Hong Kong’s mega-events can be improved

Readers discuss the impact of the city’s mega-events, the fate of smaller schools, and the need for non-smoking residential buildings.

Hong Kong

Editorial | Hong Kong’s rare, speedy response to fuel price surge shows preparedness

The short-term diesel subsidies and toll cuts included in the government package are expected to cost HK$1.96 billion.

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