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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.
Cathay Pacific aircraft at Hong Kong International Airport. Photo: Nora Tam
Cathay Pacific

Cathay to increase fuel surcharge for all flights by 34% from April

Move marks second increase in recent weeks, with airline pointing to ‘considerable pressure’ from higher jet fuel prices due to war in Middle East.

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Hong Kong

Customers could pay heftier bills, HK Electric warns, weighs surcharge rise

Art Basel

Hong Kong holds onto Art Basel crown for 5 more years thanks to new deal

Hong Kong tourism

New 200-berth marina, clubhouse planned in Hong Kong revamp of Aberdeen site

Development Bureau aims to launch first tender for a marina in nearly 40 years in 2027.

About 200 mooring spaces and boarding areas will be provided across about 11 hectares of water. Photo: Jelly Tse
Hong Kong

Hong Kong weighs petrol pricing disclosure rule in tenders as fuel costs surge

Environment minister Tse Chin-wan tells Legislative Council government open to reviewing tender policy for petrol station sites to bring down soaring fuel prices.

Hong Kong society

More websites, mobile apps for children collecting personal data: study

Global investigation examined 876 websites and mobile apps designed specifically for children across multiple sectors.

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John Lee

Hong Kong, Hainan can ‘forge strong partnership’, build on strengths: John Lee

Lee says the launch of Hainan’s separate customs regime presents business opportunities for Hong Kong companies.

A worker keeps an eye on the shelves of a duty-free grocery shop in Hainan province. Photo: Xinhua
Crime in Hong Kong

Watchdog takes legal action against syndicate seeking ‘quarter of renovation market’

Competition Commission targets six undertakings involving eight companies and 12 individuals tied to building maintenance projects worth nearly HK$700 million.

Hutchison’s Panama ports deal

CK Hutchison expands Panama ports claim as losses ‘surpass’ US$2 billion

Subsidiary Panama Ports Company slams Panamanian government’s ‘attack campaign’ as it expands international arbitration claim over damages.

Hong Kong society

Editorial | Changes to HK$2 transport fare subsidy will ensure scheme is viable

While it remains a valuable aid to social cohesion, the sliding discount model also ensures fiscal prudence.

A sticker advertising Hong Kong’s transport subsidy scheme for the elderly and passegners with disabilities is displayed on a minubus in Mong Kok on March 23. Photo: Sam Tsang
Chief Executive (Hong Kong)

Hong Kong to meet uncertainty with openness, John Lee tells Boao Forum for Asia

‘Regional economies are joining hands to ensure we continue to be a driver of global growth and a pillar of stability,’ city leader says at annual event in Hainan.

Hong Kong leader John Lee arrives in Haikou, Hainan. Photo: Handout
Northern Metropolis

Northern Metropolis boundary changes will need Legco approval, minister says

Secretary for Development Bernadette Linn also says she cannot see a need to adjust the boundaries at this stage.

Singapore

Singapore’s Lawrence Wong to visit Hong Kong after Boao Forum trip

Wong’s three-day visit will be his first to Hong Kong as prime minister.

US, Israel war on Iran

Visiting galleries may keep artworks in Hong Kong for months due to shipping chaos

Gallerists taking part in Art Central say getting pieces to city was hard enough and they may park them here temporarily while weighing options.

Manila’s Art for Space booth at this year’s Art Central. Photo: Eugene Lee
Hong Kong society

Editorial | Hong Kong graduates need to adapt to secure a job in the AI era

There is no point in lamenting AI’s rise. The focus must be on flexibility and learning to live with the technology.

Graduating students take photos on the University of Hong Kong campus. Photo: Dickson Lee
Hong Kong stock exchange

Editorial | HKEX should heed recommendations from Hong Kong’s securities watchdog

As the city’s stock exchange moves forward on listing reforms, it would do well to also improve vetting and maintain compliance standards.

Wealth management

Hong Kong family office summit draws Pop Mart billionaire among global guests

City is ‘strong and unwavering’ as wealth management hub, Chief Executive John Lee says to kick off fourth Wealth for Good summit.

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Hong Kong property

Hong Kong’s Henderson Land trims payout as Iran, mainland China cloud outlook

Kerry Properties also reports mixed 2025 results amid lift in Hong Kong home sales, weak office market and sluggish China recovery.

A view of Tseung Kwan O in Hong Kong on February 12, 2026. Photo: Sam Tsang
Hong Kong

From toys to toilet paper, prices set to rise amid Middle East war, experts say

Hong Kong business leaders also warn that local exporters and manufacturers face cash-flow squeeze as overseas buyers opt for short-term orders.

Hong Kong property

Regal’s US$194m hotel sale reflects investor push into Hong Kong student housing

Sale of 494-room hotel to Centaline underscores strong demand for student accommodation in Hong Kong amid an estimated 88,000-bed shortfall.

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Italy

Hong Kong’s Art March celebrations press on amid Middle East conflict disruptions

Flight cancellations via the region leave art fair participants juggling logistics, though organisers say impact remains limited.

Art March brings Asia’s largest contemporary art fairs, Art Basel and Art Central, to Hong Kong with events across the city. Photo: Elson Li
Hong Kong society

Hong Kong to raise postage rates from April 13 amid surging oil prices

Postage for local letters to go up by 9 per cent to HK$2.40, while increases for 90 per cent of airmail will be within 50 HK cents.

Hong Kong residents in the queue at the General Post Office in Central. Photo: Jelly Tse
Hong Kong transport

Changes to Hong Kong’s HK$2 transport subsidy scheme to kick in on April 3

Under revision, elderly and disabled residents will enjoy flat rate for trips costing HK$10 or less, pay 20 per cent of fares exceeding threshold.

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Hong Kong

Letters | How Hong Kong can prepare to bring its transport blueprint to life

Readers discuss the long-term vision for the city’s transport network, and ways to boost the birth rate.

Luxury brands

Luxury brands bet on growth as well-heeled tourists flock to Hong Kong events

Over 60 new brands set to join upscale Tsim Sha Tsui shopping centre as part of tenant overhaul covering about 30 per cent of its retail space.

K11 Musea in Tsim Sha Tsui. Photo: Jelly Tse
West Kowloon Cultural District

Opinion | To realise Hong Kong’s cultural potential, a global vision is essential

The city can rise beyond a regional hub, but only with sustained investment and a coherent, long-term vision for arts development.

Illustration: Craig Stephens
SCMP Exclusives

Exclusive | Hong Kong developer banks on arts and finance synergy in West Kowloon cultural hub

Sun Hung Kai Properties pushes its ‘Central 2.0’ vision in West Kowloon, linking arts, culture and wealth management despite market headwinds.

China economy

Opinion | As China charts a new course, Hong Kong writes its next chapter

Beijing’s plans provide assurances of steady, high-quality growth and stable relations, with Hong Kong playing a bigger role in national development.

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