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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.
A view of the Hong Kong-Zhuhai-Macau Bridge on October 19. The “Southbound Travel for Guangdong Vehicles” scheme allows 100 drivers from the mainland to enter Hong Kong each day. Photo: Xinhua
Hong Kong

Editorial | Mainland Chinese drivers need to be aware of and respect Hong Kong laws

The southbound travel scheme will provide greater convenience and facilitate integration, so long as motorists follow the rules.

Scams and swindles

Editorial | Hong Kong’s anti-scam service a prudent way to make banking more secure

Hong Kong

Hongkongers flock to say goodbye as landmark department store closes

Hong Kong aviation

Hong Kong ranked fourth for ‘post-Covid air transit connectivity in Asia-Pacific’

Researchers in Taiwan assess competitive positions of 16 major hub airports in region before and after pandemic.

Hong Kong International Airport in Chek Lap Kok. Photo: Dickson Lee
Hong Kong tourism

Hong Kong records 72% jump in mainland Chinese tourists over long New Year break

Immigration data shows 659,090 mainland visitors entered Hong Kong between New Year’s Eve and Saturday, accounting for 79 per cent of tourist arrivals.

Hong Kong

Opinion | How Hong Kong can complement Hainan’s free-trade port

Jointly designed customs rules could be used in pilot schemes to smooth the customs process for international business.

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Paul Chan

Hong Kong to boost tech, financial services integration during AI boom: Paul Chan

Minister hails city’s role as global capital market for mainland Chinese tech firms, citing AI chipmaker Biren’s 82 per cent gains at debut.

Financial Secretary Paul Chan (second from right) attends the listing ceremony for Biren Technology with the firm’s CEO Zhang Wen (second from left). Photo: Jonathan Wong
Diplomacy

Hong Kong firm sanctioned by US in Venezuela crackdown found to use bogus address

Post finds vacant offices, shared secretaries in US-hit Hong Kong firms tied to Venezuelan oil exports, as namesake local company fears backlash.

Accidents and personal safety

15 left hanging as Hong Kong Ocean Park’s ‘Wild Twister’ ride breaks down again

Thrill-seekers stranded for 19 minutes after signal failure triggers safety system.

Hong Kong transport

Hong Kong’s Route 6 set to fully open in 2026, transport chief Mable Chan says

New route will slash travel time between Tseung Kwan O and Yau Ma Tei from 65 minutes to just 12, Chan says.

The Tseung Kwan O Cross Bay Link and Tseung Kwan O-Lam Tin Tunnel opened to traffic in December 2022. Photo: Elson Li
Hong Kong

Occupancy rate at Hong Kong tech park set to hit 90% in first quarter of 2026

Government says lease renewal on Hong Kong side of collaborative tech hub with Shenzhen will be based on KPIs, but there will be ‘room for error’.

An aerial view of the Hong Kong-Shenzhen Innovation and Technology Park in the Northern Metropolis. Photo: Eugene Lee
Legislative Council election 2025

New Hong Kong lawmaker Julia Lau vows to strengthen oversight after Tai Po fire

Architectural sector legislator urges better use of public funds, and has ideas on how to boost development of the Northern Metropolis and tourism.

CLP Group

43 measures for Hong Kong’s CLP to improve power supply after series of failures

Government releases report analysing power supply interruptions and voltage dips between 2021 and mid-2024.

Asian cinema: Hong Kong film

Back to the Past, starring Louis Koo and Raymond Lam, smashes Hong Kong record

Historical sci-fi action film earns HK$10.91 million in debut, the most for a Chinese film opening in city.

Louis Koo and Raymond Lam star in a new historical sci-fi film Back to the Past. Photo: Nora Tam
Northern Metropolis

Hong Kong trade office head picked to lead body coordinating Northern Metropolis

Linda So, director of Hong Kong Economic and Trade Office in Guangdong, will take up new role from Monday next week.

The Northern Metropolis aims to turn 30,000 hectares of land near the city’s border with mainland China into a hub for innovation and housing. Photo: Dickson Lee
Retailing

Hong Kong’s retail uptick extends into November with sales climbing 6.5%

Sector’s growth marks third consecutive month of reaching above 6 per cent year on year, but industry leader warns against calling it ‘recovery’.

IPO

Hong Kong retakes IPO crown

Hong Kong topped global initial public offerings (IPOs) for the first time in six years in 2025 after fundraising more than tripled aided by deals from battery maker CATL and miner Zijin Gold.

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Hong Kong tourism

Hong Kong receives twice as many mainland Chinese visitors on New Year’s Day

Industry leaders attribute rise to three-day holiday on mainland and strained Beijing-Tokyo ties drawing some to Hong Kong instead of Japan.

Tourists outside the Peninsula in Tsim Sha Tsui on New Year’s Day. Photo: Jelly Tse
Hong Kong property

CityU joins ranks of schools snapping up Hong Kong offices

University buys four-storey office block in Kowloon Tong for US$252 million from Singapore-based Mapletree.

Hutchison’s Panama ports deal

Could 2026 be the make-or-break year of CK Hutchison’s Panama ports deal?

What began as a strategic exit for a Hong Kong conglomerate has devolved into a high-stakes stand-off between Washington and Beijing.

Hong Kong

Opinion | How Hong Kong can take on a more frontier role in China’s development

City can go beyond ‘superconnector’ role to be a ‘co-architect of rules’ and become more proactive in areas Beijing deems strategically critical.

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Hong Kong Chief Executive John Lee Ka-chiu (right), at the opening ceremony for the Hong Kong-Shenzhen Innovation and Technology Park in the Northern Metropolis, with (from left) Financial Secretary Paul Chan Mo-po and Executive Deputy Director of the Hong Kong and Macau Affairs Office Xu Qifang on December 22. Photo: Eugene Lee
Northern Metropolis

Editorial | New strategy for the Northern Metropolis may be a game changer

The more agile corporate-led strategy, which balances government leadership with market mechanics, could be a blueprint for managing other projects.

The Hung Shui Kiu development area in the Northern Metropolis is seen on December 30, 2025. Photo: Sam Tsang
Interest rates

Hong Kong interbank rates forecast to drop on expected 2026 US monetary easing

Savings rates near zero prevent further prime rate reductions, though Hibor-linked loans will get cheaper, analysts say.

Good Schools Guide

Are Hong Kong international schools truly global in nature?

How global curricula, cultural diversity and shifting demographics are shaping the city’s international education landscape.

Hong Kong tourism

Bars, hotels cash in as Hong Kong welcomes 25% more visitors for New Year’s Eve

Influx recorded despite city forgoing fireworks display in light of deadly Tai Po fire, while departures by locals rose by nearly 21 per cent.

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Travellers pass the Peninsula Hotel in Tsim Sha Tsui. Photo: Jelly Tse
Hong Kong politics

‘Hong Kong has lived up to expectations,’ Beijing says in new year message

City leader John Lee vows to deepen reform and seize opportunities in online post, following President Xi Jinping’s wishes for the city.

The flags of China and Hong Kong. Photo: Felix Wong
Hong Kong environmental issues

Groups welcome updated Hong Kong biodiversity plan but call for more details

Government unveils Hong Kong Biodiversity Strategy and Action Plan, which sets out strategies for the next 10 years.

Banking & finance

Editorial | Hong Kong’s IPO market rings in 2026 on a high note

The city catapulted itself into the global top spot for initial public offerings in 2025, with another strong pipeline of listings expected this year.

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