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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.
The Aberdeen marina project has drawn strong interest from yacht operators and developers as Hong Kong pushes its luxury tourism ambitions. Photo: Jelly Tse
SCMP Exclusives

Exclusive | Hong Kong Aberdeen marina project attracting local and overseas interest

Experts call for better infrastructure and clearer tourism positioning as leading local yacht club and Singaporean operator say they hope for key role.

Office for Attracting Strategic Enterprises

Editorial | Influx of global firms underscores Hong Kong’s economic recovery

Cathay Pacific

Cathay raises HK$2 billion after tapping public bond market

Hong Kong tourism

Over 50 Central restaurants, shops join drive to boost spending, lure tourists

Merchants taking part in scheme promoting hidden delicacies and goods will offer discounts to residents and tourists.

Visitors in Central. The initiative is aimed at encouraging tourists to explore the art, historical sites, local culture and delicacies of Central and Sheung Wan. Photo: Jelly Tse
Middle East

HK Electric to cut May fuel charges but warns of sharp future increase

Fuel charge to fall for second month as lower earlier costs feed through, but Middle East conflict likely to push up prices later this year.

Hong Kong

Henderson’s winning bid to run harbour event space could boost Central’s access

Experts also say successful bid to run Central Harbourfront Event Space could result in more visitors from surrounding commercial properties.

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Hong Kong

Hongkongers find value, space and style in Shenzhen’s new cultural hotspots

Short cross‑border getaways emerging as the ‘quick escape’ of choice, with the newly opened Shenzhen Bay Culture Square adding to appeal.

Illustration: Henry Wong
Hong Kong Sevens

Editorial | Hong Kong Sevens proves to be in rude health on 50th anniversary

The rugby tournament has emerged from the pandemic and a venue change with record attendance and a bright future.

Stock Connect

Brazil beckoned: China now has stock and bond ‘connect’ schemes in 5 regions

Strategic financial corridors now bridge mainland bourses with global hubs, enabling more seamless investment through specialised fund vehicles and receipts.

Paris

Blooming good: Monet, maestros shine as garden art bridges East and West

Show features exhibits from Art Institute of Chicago, Beijing’s Palace Museum, Palace of Versailles and Hong Kong Museum of Art.

Monet’s Water Lily Pond. Photo: Jonathan Wong
Vivian Cheung Kar-fay

Hong Kong airport’s revenue ‘expected to grow by up to 10%’ despite Mideast war

Airport Authority CEO Vivian Cheung also says she aims to turn facility into alternative aviation hub to Middle East.

A Cathay Pacific Airways plane takes off from Hong Kong International Airport. Photo: Felix Wong
Mainland China

Henderson Land joint venture to operate Central Harbourfront Event Space

Joint venture between property developer and YW Company beat five other bidders for prime site that hosts events such as Clockenflap and Wine and Dine Festival.

Hong Kong

Hong Kong jobless rate dips for second successive period

Unemployment rate was 3.7 per cent for January to March, down by 0.1 percentage point from 3.8 per cent for the preceding three-month period.

Energy

Letters | If energy crisis drags on, Hong Kong may need to rely on conservation

Readers discuss the government’s options as fuel prices stay high, and how the city can improve mental health.

A motorcyclist rides by a price board at a petrol station in Causeway Bay on April 10. Photo: Jelly Tse
Education in Hong Kong

Opinion | Hong Kong’s education hub cannot be a one-market wonder

If the sector is to become a robust economic driver for the city, it must look beyond mainland student numbers for growth. Diversification is key.

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Illustration: Craig Stephens
Greater Bay Area

Exclusive | Travel scheme could allow Hong Kong, Macau yachts to sail to 6 bay area ports

Guangdong provincial government document also shows several routes recommended for leisure, such as Pearl River Delta, Castle Peak Bay.

Hong Kong

Opinion | Hong Kong’s stablecoin roll-out puts banks at the centre of digital money

Hong Kong is building a bank-led digital money system, not a cryptocurrency free-for-all.

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Banking & finance

HKMA and HKAB launch task force for Hong Kong’s Northern Metropolis financing

The task force will provide professional advice on financing and banking services for the development of the megaproject.

The HKMA and HKAB’s Northern Metropolis Financial Advisory Taskforce visited the Hong Kong side of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone on March 27, 2026. Photo: ISD
Hong Kong

Hongkongers flock to theatres to snap up HK$30 Cinema Day tickets in advance

Customers queue up from as early as 10.30am at Star Cinema in Tseung Kwan O to buy discounted tickets for films screening this Saturday.

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Hong Kong

MTR Corp’s HK$18.8 billion green bond sale sets local currency record

Retail investors can buy bonds through platforms or institutional investors such as Mandatory Provident Fund schemes, private banks or funds.

Hong Kong

Letters | Hong Kong can’t just build a monorail in Kai Tak and hope for the best

Readers discuss going beyond infrastructure to ensure Kai Tak thrives, a Cantopop singer’s change of heart, and the Hong Kong dollar peg.

A person enjoys a run in the Kai Tak Sky Garden on March 31. Photo: Sam Tsang
Crime in Hong Kong

Hong Kong aiming to curb illicit fuel trade with tougher penalties: source

Buyers could face HK$1 million fine and one year in prison, while sellers risk up to HK$3 million fine and three years in jail under proposal.

Hong Kong plans tougher penalties and expanded powers to crack down on illicit fuel trade. Photo: Sam Tsang
Hong Kong

First AI driverless trucks deployed to tackle Hong Kong port labour shortage

Six autonomous trucks used to improve efficiency at Kwai Tsing Terminal, handling more than 8,000 container movements since January.

Hong Kong property

Sino Land-led consortium to invest US$1.7 billion in Northern Metropolis project

Sino Land chairman Daryl Ng said the Kam Sheung Road project marks a key step in advancing the Northern Metropolis.

Hong Kong transport

Hong Kong-Macau ferry fares to increase by up to 11% amid fuel costs surge

High fuel prices hit transport sector as TurboJet and Cotai Water Jet raise fares, while union says bus drivers face income losses amid service cuts.

Ferry operators TurboJet and Cotai Water Jet, who run daily services between Hong Kong and Macau will be increasing fares by up to 11 per cent. Photo: Nora Tam
Hong Kong society

‘All risks must be controlled,’ John Lee says on basketball betting U-turn

City leader defends halt on basketball betting, citing ‘worrying’ prediction market trend.

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Hong Kong’s leader has defended the government’s decision to put the legalisation of basketball betting on hold. Photo: Sam Tsang
Middle East

Letters | How Hong Kong can attract talent and capital from the Middle East

Readers discuss the opportunity for the city created by the Iran war, the proposal to allow taxis into Discovery Bay, and a planned pig farm in Sheung Shui.

Office for Attracting Strategic Enterprises

Which global firms are being attracted by Hong Kong’s strategic enterprise scheme?

The South China Morning Post examines 22 firms opening or expanding in the city, with HK$73 billion in investment and 25,000 jobs expected.

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