Hong Kong /

Hong Kong Economy

Related Topics:
Hong Kong housing
Hong Kong property
Tourism
Parallel trading
Hong Kong Stock Exchange
Hong Kong land sale
Property investment
A lower Hibor will reduce the burden for mortgage borrowers and companies. Photo: Shutterstock
Banking & finance

Why Hibor at 30-month low is a positive sign for Hong Kong’s economy

Hibor-linked mortgage borrowers will save about US$40 per month after the one-month interbank rate fell by almost 1 percentage point.

Cathay Pacific

Cargo business of Hong Kong’s Cathay ‘set for sharp decline amid Trump tariffs’

Hong Kong economy

Middle East’s shift to sustainable energy opens doors for Hong Kong companies

Hong Kong economy

Hong Kong’s Ocean Empire congee chain shuts down all restaurants after 33 years

Hong Kong Federation of Restaurants and Related Trades says chain closed due to fierce competition and trend of residents going to mainland to dine.

Hong Kong’s popular congee chain, Ocean Empire Food Shop, has closed down all its restaurants. Photo: Jelly Tse
Hong Kong’s popular congee chain, Ocean Empire Food Shop, has closed down all its restaurants. Photo: Jelly Tse
IPO

Hong Kong IPOs sizzle, spurred by inflows from global, Chinese funds

Shares of Chinese bubble-tea chain Auntea Jenny surge as they join growing list of companies with stellar debuts.

IPO

Stars align for mainland-listed firms’ Hong Kong share sales

30 A-share firms have applied to sell shares in Hong Kong this year, surpassing last year’s 16, according to exchange data.

videocam
Advertisement
Advertisement
Advertisement
Hong Kong economy

Countering Trump’s tariffs: Hong Kong headwear maker moves again and again

First came shock and pain. Then Mainland Headwear’s Pauline Ngan looked for ways to tackle the tariff mayhem.

Illustration: Lau Ka-kuen
Illustration: Lau Ka-kuen
Banking & finance

HKMA warns of uncertainty after keeping rates unchanged; Fed defies pressure

HKMA says Trump tariffs have increased uncertainty about US inflation and the economic growth outlook.

Hong Kong property

Chinese actress Zhao Wei’s former Hong Kong home fails to sell at an auction

Zhao and her husband bought a 3,494 sq ft duplex at The Westminster Terrace in Tsuen Wan in 2012 for HK$72 million.

Hong Kong property

Brisk Hong Kong home buying continues with third Sierra Sea sellout

Buyer confidence ‘will significantly strengthen’ and first-hand transactions this month are ‘bound to increase’, Centaline CEO says.

Potential buyers queue up for the property sale of Sun Hung Kai Properties’ Sierra Sea at the International Commerce Centre on May 3, 2025. Photo: Elson Li
Hong Kong tourism

Two-thirds of tour groups stayed overnight in Hong Kong during ‘golden week’

Travel industry leaders buoyed by positive Labour Day holiday figures and call for more measures to improve crowd control and tourist experiences.

Tourists at the Victoria Harbour waterfront in Tsim Sha Tsui on the fourth day of the Labour Day “golden week” holiday. Photo: Sam Tsang
Tourists at the Victoria Harbour waterfront in Tsim Sha Tsui on the fourth day of the Labour Day “golden week” holiday. Photo: Sam Tsang
Hong Kong economy

How can Hong Kong help connect mainland Chinese firms with Qatar and Kuwait?

Trade Development Council urges Hong Kong to leverage professional services, international experience ahead of delegation trip to Gulf nations.

Hong Kong economy

Trump’s tariff chaos: top Hong Kong bra maker presses on to beat 90-day pause

Trump’s 90-day pause provides opportunity for manufacturer and US clients to avoid impact of tariffs.

Hong Kong economy

Hong Kong’s Regina Ip reveals reason for earlier cancellation of US trip

Executive Council convenor Regina Ip says timing was not good for US trip as she provides details of key business summit in city.

This year’s Global Prosperity Summit will include former US consul generals in Hong Kong, Hanscom Smith and Kurt Tong, as well as a former senior mainland Chinese diplomat. Photo: Elson Li
Hong Kong society

Viability of Hong Kong’s Hung Hom yacht bay development called into question

Members of Harbourfront Commission question authorities’ choice of location, despite supporting scheme.

Yachts moored at Kwun Tong Typhoon Shelter. Hong Kong hopes to cultivate a yacht economy. Photo: Sam Tsang
Yachts moored at Kwun Tong Typhoon Shelter. Hong Kong hopes to cultivate a yacht economy. Photo: Sam Tsang
Hong Kong economy

Weaker Hong Kong dollar to boost tourism and lower cost of services: economists

Professor Billy Mak says weaker currency will incentivise tourists to visit and global investors to seek city’s professional services.

Hong Kong property

Hong Kong’s property deals surged in April as buyers dived back in

Real estate sales rose 9.8 per cent to HK$50.1 billion involving 7,229 new homes, lived-in abodes, offices, shops, car parking slots and industrial space.

Advertisement
Advertisement
Advertisement
IPO

Hong Kong to offer ‘tailored guidance’ for specialist tech firms seeking IPOs

The Technology Enterprises Channel aims to assist innovative firms raise funds, as outlined in Paul Chan’s budget speech in February.

The Hong Kong stock exchange is taking steps to make it easier for specialist technology and biotechnology firms to list in the city. Photo: Nathan Tsui
The Hong Kong stock exchange is taking steps to make it easier for specialist technology and biotechnology firms to list in the city. Photo: Nathan Tsui
Hong Kong tourism

Make all tourists welcome, John Lee tells Hongkongers amid surge in budget tours

‘There will be high-end travellers and there will also be non-high-end travellers, but we must look at tourism as a whole,’ city leader says.

10
John Lee

John Lee to lead Hong Kong, mainland delegation to Qatar, Kuwait on Saturday

City leader’s second visit to Middle East, after 2023 trip to Saudi Arabia and UAE, aims to drive more business and people-to-people ties.

Consumer protection in Hong Kong

Hong Kong to review regulations after abrupt closure of Alliance Medical Group

City leader vows to better protect consumer rights by considering statutory cooling-off period or limiting duration of healthcare contracts.

Alliance Medical Group, which ran two clinics in Tsim Sha Tsui and Sha Tin, has not officially announced its closure, but its Facebook and Instagram accounts are no longer available. Photo: Nora Tam
Hong Kong economy

Hong Kong records first decline in number of licensed restaurants in 6 years

Experts say locals travelling to mainland and tourists opting for lighter food options contributed to drop in number of licensed establishments.

8
Diners at a restaurant in Mong Kok. According to data from the Food and Environmental Hygiene Department, 17,154 restaurant licences were valid as of the end of April, a drop of 255 from the same month last year. Photo: Jelly Tse
Diners at a restaurant in Mong Kok. According to data from the Food and Environmental Hygiene Department, 17,154 restaurant licences were valid as of the end of April, a drop of 255 from the same month last year. Photo: Jelly Tse
Hong Kong economy

Hong Kong’s freight forwarding industry takes hit from trade war

In week starting Monday, 41 per cent of container capacity scheduled from Hong Kong to North America’s west coast cancelled.

Hong Kong tourism

Boost for Hong Kong businesses over break despite 1.4 million locals leaving

First four days of ‘golden week’ break also saw Hong Kong residents make about 1.4 million trips.

Hong Kong economy

Trump’s 100% film tariff will have little impact on Hong Kong industry: experts

Instead, it is Hollywood and the US movie industry that will suffer, as they depend on other countries to keep their production costs down, expert says.

5
A scene from Christopher Nolan’s 2008 Batman film, The Dark Night, which was partly shot in Hong Kong. Photo: Warner Bros
China Future Tech
HIGHLIGHTS FROM
China Future Tech

Tech Trends

Alibaba’s Qwen3 unseats DeepSeek’s R1 as world’s top-ranked open-source AI model

videocam
The broader LiveBench rankings showed that Qwen3 still trailed the top closed-source AI models, including OpenAI’s o3, Google’s Gemini Pro 2.5 and Anthropic’s Claude 3.7. Photo: Shutterstock

Policy

Beijing pours tens of millions of dollars into fostering Chinese AI

A staff member at an AI start-up demonstrates a translation system. Photo: Xinhua

China Business

Tesla China deliveries drop as buyers favour cheaper domestic models

videocam
8
The Tesla Gigafactory in Lingang new area outside Shanghai. Photo: Xinhua

Big Tech

DeepSeek’s AI system gets faster with Tencent’s open-source boost

videocam
DeepSeek says it has used an open-source technical solution from Tencent to improve its AI system. Photo: Shutterstock

Big Tech

From meows to Mandarin: Baidu submits patent for AI animal translation

videocam
Baidu has not said how it plans to use its AI tech for translating animal sounds to words. Photo: Shutterstock
MORE IN China Future Tech
OPINION
Andrew Lam Siu-Lo

Opinion | Drones can take the Hong Kong hiking experience to new heights

Andrew Lam Siu-Lo
9
Nicholas Spiro

The View | Bullish case for Hong Kong student housing should be treated with caution

Nicholas Spiro
Mike Rowse

Opinion | Is Hong Kong’s economic strategy fit for a changing world?

Mike Rowse
Leonard Luk,Bryan Luk

Opinion | Legalise basketball betting but ensure young Hongkongers don’t lose

Leonard Luk
Bryan Luk
Paul Gardner

Opinion | Hong Kong SMEs must act boldly to survive Trump’s tariffs

Paul Gardner
Alice Wu

Opinion | Amid Hong Kong’s focus on tourist numbers, have we forgotten our workers?

Alice Wu
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW