TOPIC

/ company

McDonald's

McDonald's is the world's largest fast food restaurant chain. It was founded in 1940 by Richard and Maurice McDonald, who pioneered the idea of operating a hamburger business using production line principles.

Chairman / President

Chris Kempczinski

CEO / Managing Director

Chris Kempczinski

CFO / Finance Director

Ian Borden

Industry

Restaurants

Website

aboutmcdonalds.com

Headquarters address

110 North Carpenter Street, Chicago, IL 60607, United States

Stock Code

NYSE:MCD

Year founded

1975

in partnership with:

About

We're not just a hamburger company serving people; we're a people company serving hamburgers.

C-Suite Member

Randy Lai
CEO HK

A KFC restaurant in Shanghai, January 22, 2026. Photo: CFOTO/Future Publishing via Getty Images

Mainland China

KFC, McDonald’s drive-throughs in China get EV charging, upgraded smart systems

KFC now operates over 7,000 drive-through restaurants nationwide, including kerbside pickups, according to Yum China.

10 May 2026 - 12:30PM

United States

Wall Street hesitates, oil prices rise amid uncertainty in Strait of Hormuz

4 May 2026 - 9:55PMvideocam

Japan

Burger King in Japan dangles US$250,000 to lure rival franchisees

24 Apr 2026 - 2:40PM

Food and Drinks

Mouthing Off | McDonald’s CEO’s burger blunder shows the problem of lacking a common touch

Chris Kempczinski’s timid taste test of McDonald’s new Big Arch sparked a slew of trolling responses from Burger King, Wendy’s and A&W.

12 Mar 2026 - 8:15AM

McDonald’s CEO Chris Kempczinski takes a bite of the fast food chain’s new Big Arch burger in a recent social media video posted by the company. Photo: YouTube

Trending in China

Foreigners flock to Chinese malatang eateries, believe rich soup is healthy

‘Spicy, numbing, hot’ delicacy becomes go-to dish for birthdays and dates around the globe; aficionados describe it as a ‘personal hotpot’.

7 Mar 2026 - 2:00PM

Hong Kong property

McDonald’s sells Hong Kong shop outside disposal plan for US$11.9 million

Latest sale of Hong Kong restaurant site by the Chicago-based food chain reflects a retail valuation reset as rents stay subdued.

4 Mar 2026 - 3:02PMvideocam

Hong Kong society

Tens of thousands line streets for Hong Kong’s Lunar New Year night parade

Float parade to mark start of the Year of the Horse begins with an East-meets-West street party.

18 Feb 2026 - 10:13AMvideocam

The Cathay International Chinese New Year Night Parade in Tsim Sha Tsui on Tuesday evening. Photo: Jonathan Wong

Hong Kong society

Go with the floats: how you can enjoy Hong Kong’s Lunar New Year night parade

What to expect and how to make the most of the Cathay International Chinese New Year Night Parade on Tuesday.

16 Feb 2026 - 8:03PM

Consumers

How Chinese consumers’ changing demands are keeping KFC’s owner on its toes

Yum China CEO Joey Wat banks on fast-food firm’s flexible store format and cheaper products to attract more Chinese consumers.

10 Feb 2026 - 6:29PM

Food and Drinks

Hollywood Boulevard gets a new star, and it’s a bubble tea giant from China

With its affordable soft serve and boba, bubble tea megachain Mixue has opened its first US store opposite Hollywood’s Walk of Fame.

29 Jan 2026 - 7:18AM

Bubble teas from Mixue. Photo: Instagram

Crime in Hong Kong

Hong Kong police arrest another man with knife, 2 days after earlier case at mall

Police subdue man with knife near McDonald’s outlet in Tsuen Wan, two days after shooting dead another attacker who took woman hostage at mall.

17 Jan 2026 - 5:24PM

Hong Kong police have arrested a man wielding a knife near a McDonald’s branch in Tsuen Wan. Photo: Handout

China trade

Opinion | From tea to TikTok: the middleman’s return is reshaping China trade

The old Canton system is re-emerging in a new guise as the likes of TikTok and Starbucks look to middlemen to navigate a divided global economy.

16 Jan 2026 - 9:30AMvideocam

Hong Kong property

Repeat buyer tucks into another McDonald’s Hong Kong shop for US$15.2 million

Evergreen Capital Partners added the Causeway Bay shop to its portfolio after acquiring two other outlets from the fast-food giant.

9 Jan 2026 - 8:30AM

Investing

McDonald’s Philippine rival Jollibee to list global business in the US by 2027

The spin-off and potential US listing of Jollibee Foods Corporation would include all of the company’s businesses outside its home market.

6 Jan 2026 - 5:15PM

An outlet of the Filipino fast-food chain Jollibee in Hong Kong. Photo: SOPA Images/LightRocket via Getty Images

Hong Kong economy

Hong Kong McDonald’s serves up 3% pay rise for some staff amid menu price increase

Others also receive a HK$500 bonus to mark the fast food giant’s 50th anniversary in the city, alongside price increases on select menu items.

6 Jan 2026 - 12:15PM

Some restaurant management staff at McDonald’s in Hong Kong have been given an average pay rise of 3 per cent. Photo: Sam Tsang

Singapore

How Singapore’s unforgiving food scene can go hot and cold on brands

Over 3,000 eateries shut their doors last year, the highest since 2005, in one of the world’s most competitive dining markets.

21 Dec 2025 - 1:41PM

Food and Drinks

A Christmas table built from grapes, radicchio and a single red chilli

Food stylist Gloria Chung presents a masterclass in creating a deliciously quirky tablescape.

18 Dec 2025 - 8:00AM

China consumption

Not lovin’ it: Chinese fume at McDonald’s prices, costlier ‘poor man’s meal’

Fast-food giant increases menu items by 0.5 to 1 yuan, testing pricing power in a deflationary market where per-capita dining spending has been plunging.

18 Dec 2025 - 9:18AMvideocam

Hong Kong

McDonald’s Hong Kong named Company of the Year at SCMP Live’s Business Awards

The restaurant chain’s CEO Randy Lai and chairman Zhang Yichen received the award from SCMP’s CEO Catherine So at an event on Friday.

13 Dec 2025 - 2:46PM

Hong Kong property

McDonald’s tastes fat profit in US$9.3 million Hong Kong property sale

Company secures 200 per cent gain in the fourth sale in an initiative to dispose of eight retail spots across the city.

9 Dec 2025 - 8:30AM

Crime

Alleged CEO killer tries to exclude evidence from US murder trial

Luigi Mangione’s defence argues police conducted an illegal warrantless search of his backpack, threatening his right to a fair trial.

2 Dec 2025 - 10:10AM

Luigi Mangione appearing in Manhattan Criminal Court on Monday. Photo: Yuki Iwamura via Reuters

United States

Pop Mart’s Labubu balloons to debut at Macy’s Thanksgiving Parade in New York

A brown Labubu and a pink Mokoko will appear alongside characters such as Skullpanda, Dimoo and Molly on the toymaker’s Pop City float.

22 Nov 2025 - 2:23AM

A Thanksgiving Day float featuring Pop Mart’s Labubu, right, and Mokoko are displayed during a press preview of the new floats at Macy’s Parade Studio in Moonachie, New Jersey, on Tuesday. Photo: AP

SCMP Highlights

China’s rare earths breakthrough, Fujian carrier’s naval genius: 7 highlights

From a viral incident at the recent Asean summit to a Chinese guest flooding a hotel room, here are highlights from SCMP’s recent reporting.

14 Nov 2025 - 12:30PM

C-Suite The Game Changers

Celebrating success and charting future growth

Randy Lai has led McDonald’s Hong Kong for 14 years, driving innovation, digital transformation, and a people-focused approach to ensure the brand remains a local favourite and market leader.

SCMP C-Suite

Hong Kong property

McDonald’s Hong Kong shops sell like hotcakes, yielding US$23.5 million

Following a US$9.9 million asset disposal last week, the fast-food chain finds a buyer for properties in Mong Kok and Kennedy Town.

11 Nov 2025 - 8:34AM

McDonald’s sold this 6,826 sq ft shop in Kennedy Town for HK$100 million, or HK$14,723 per square foot. Photo: Handout

2025 National Games

Hong Kong’s National Games athletes reveal their diets – and their ‘cheat’ foods

Alongside getting the right nutrients to train and compete, some of the city’s stars love a good cheeseburger or milkshake.

8 Nov 2025 - 11:20AM

Cheeseburgers are a common go-to for athletes after intense competition. Photo: Shutterstock

Hong Kong property

McDonald’s sells first Hong Kong property in US$154 million asset-disposal plan

The fast-food chain bought the 9,695 sq ft Yuen Long property for US$1.2 million in 1987.

5 Nov 2025 - 8:30AM

Hong Kong economy

Hundreds flock to Hong Kong’s Water Parade featuring giant Labubu, Doraemon, Elmo

Inflatables make loop of Victoria Harbour from Admiralty to Fortress Hill, and then across to Tsim Sha Tsui.

1 Nov 2025 - 10:59PM

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McDonald's

KFC, McDonald’s drive-throughs in China get EV charging, upgraded smart systems

KFC now operates over 7,000 drive-through restaurants nationwide, including kerbside pickups, according to Yum China.

Wall Street hesitates, oil prices rise amid uncertainty in Strait of Hormuz

Burger King in Japan dangles US$250,000 to lure rival franchisees

.css-1pcrwvc{color:#2aa191;}Mouthing Off | McDonald’s CEO’s burger blunder shows the problem of lacking a common touch

Chris Kempczinski’s timid taste test of McDonald’s new Big Arch sparked a slew of trolling responses from Burger King, Wendy’s and A&W.

Foreigners flock to Chinese malatang eateries, believe rich soup is healthy

‘Spicy, numbing, hot’ delicacy becomes go-to dish for birthdays and dates around the globe; aficionados describe it as a ‘personal hotpot’.

McDonald’s sells Hong Kong shop outside disposal plan for US$11.9 million

Latest sale of Hong Kong restaurant site by the Chicago-based food chain reflects a retail valuation reset as rents stay subdued.

Tens of thousands line streets for Hong Kong’s Lunar New Year night parade

Float parade to mark start of the Year of the Horse begins with an East-meets-West street party.

Go with the floats: how you can enjoy Hong Kong’s Lunar New Year night parade

What to expect and how to make the most of the Cathay International Chinese New Year Night Parade on Tuesday.

How Chinese consumers’ changing demands are keeping KFC’s owner on its toes

Yum China CEO Joey Wat banks on fast-food firm’s flexible store format and cheaper products to attract more Chinese consumers.

Hollywood Boulevard gets a new star, and it’s a bubble tea giant from China

With its affordable soft serve and boba, bubble tea megachain Mixue has opened its first US store opposite Hollywood’s Walk of Fame.

Hong Kong police arrest another man with knife, 2 days after earlier case at mall

Police subdue man with knife near McDonald’s outlet in Tsuen Wan, two days after shooting dead another attacker who took woman hostage at mall.

Opinion | From tea to TikTok: the middleman’s return is reshaping China trade

The old Canton system is re-emerging in a new guise as the likes of TikTok and Starbucks look to middlemen to navigate a divided global economy.

Repeat buyer tucks into another McDonald’s Hong Kong shop for US$15.2 million

Evergreen Capital Partners added the Causeway Bay shop to its portfolio after acquiring two other outlets from the fast-food giant.

McDonald’s Philippine rival Jollibee to list global business in the US by 2027

The spin-off and potential US listing of Jollibee Foods Corporation would include all of the company’s businesses outside its home market.

Hong Kong McDonald’s serves up 3% pay rise for some staff amid menu price increase

Others also receive a HK$500 bonus to mark the fast food giant’s 50th anniversary in the city, alongside price increases on select menu items.

How Singapore’s unforgiving food scene can go hot and cold on brands

Over 3,000 eateries shut their doors last year, the highest since 2005, in one of the world’s most competitive dining markets.

A Christmas table built from grapes, radicchio and a single red chilli

Food stylist Gloria Chung presents a masterclass in creating a deliciously quirky tablescape.

Not lovin’ it: Chinese fume at McDonald’s prices, costlier ‘poor man’s meal’

Fast-food giant increases menu items by 0.5 to 1 yuan, testing pricing power in a deflationary market where per-capita dining spending has been plunging.

McDonald’s Hong Kong named Company of the Year at SCMP Live’s Business Awards

The restaurant chain’s CEO Randy Lai and chairman Zhang Yichen received the award from SCMP’s CEO Catherine So at an event on Friday.

McDonald’s tastes fat profit in US$9.3 million Hong Kong property sale

Company secures 200 per cent gain in the fourth sale in an initiative to dispose of eight retail spots across the city.

Alleged CEO killer tries to exclude evidence from US murder trial

Luigi Mangione’s defence argues police conducted an illegal warrantless search of his backpack, threatening his right to a fair trial.

Pop Mart’s Labubu balloons to debut at Macy’s Thanksgiving Parade in New York

A brown Labubu and a pink Mokoko will appear alongside characters such as Skullpanda, Dimoo and Molly on the toymaker’s Pop City float.

China’s rare earths breakthrough, Fujian carrier’s naval genius: 7 highlights

From a viral incident at the recent Asean summit to a Chinese guest flooding a hotel room, here are highlights from SCMP’s recent reporting.

.css-12ooj4n{font-family:Roboto Condensed,Roboto Condensed fallback,sans-serif;}Celebrating success and charting future growth

Randy Lai has led McDonald’s Hong Kong for 14 years, driving innovation, digital transformation, and a people-focused approach to ensure the brand remains a local favourite and market leader.

McDonald’s Hong Kong shops sell like hotcakes, yielding US$23.5 million

Following a US$9.9 million asset disposal last week, the fast-food chain finds a buyer for properties in Mong Kok and Kennedy Town.

Hong Kong’s National Games athletes reveal their diets – and their ‘cheat’ foods

Alongside getting the right nutrients to train and compete, some of the city’s stars love a good cheeseburger or milkshake.

McDonald’s sells first Hong Kong property in US$154 million asset-disposal plan

The fast-food chain bought the 9,695 sq ft Yuen Long property for US$1.2 million in 1987.

Hundreds flock to Hong Kong’s Water Parade featuring giant Labubu, Doraemon, Elmo

Inflatables make loop of Victoria Harbour from Admiralty to Fortress Hill, and then across to Tsim Sha Tsui.

Mouthing Off | McDonald’s CEO’s burger blunder shows the problem of lacking a common touch

Celebrating success and charting future growth