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Hong Kong Economy

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Hong Kong housing
Hong Kong property
Tourism
Parallel trading
Hong Kong stock exchange
Hong Kong land sale
Property investment
A leading think tank has urged Hong Kong to boost innovation and diversify beyond finance. Photo: Sam Tsang
Hong Kong economy

Hong Kong urged to shift from role as ‘superconnector’ to ‘value-adder’

Leading think tank urges city to align with national development, diversify growth, boost innovation and deepen supply chain role.

Hong Kong economy

Tourist arrivals up 10% year on year in April, driven by Hong Kong Sevens

Hong Kong economy

Why did Hongkongers queue round the clock for a new watch?

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Consumer protection in Hong Kong

Top-rated air cons in Hong Kong vary by 33% in cooling efficiency, watchdog finds

Models tested included seven reverse-cycle air conditioners, while rest were cooling-only units.

The Consumer Council on Thursday released test results for 13 models of 1.5-horsepower inverter split-type air conditioners. Photo: Karma Lo
The Consumer Council on Thursday released test results for 13 models of 1.5-horsepower inverter split-type air conditioners. Photo: Karma Lo
Hong Kong property

Hong Kong’s Central office rents set to reverse multi-year slump in second half

Stronger demand has reduced grade-A vacancy rates in Central to a four-year low of 9.6 per cent.

Hong Kong economy

Hong Kong Airport Authority takes over 11 Skies retail from New World: sources

Authority says it continues to communicate closely with New World about 11 Skies project, and is going ‘full steam’ ahead with development.

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Cathay Pacific

Guy Bradley takes helm as Cathay chairman, Patrick Healy retires after 3 decades

Bradley formally assumes roles of executive director and board chairman following company’s annual general meeting on Wednesday.

Guy Bradley has assumed the role of chairman of Hong Kong flag carrier Cathay Pacific Airways and Swire Coca-Cola. Photo: Jonathan Wong
Guy Bradley has assumed the role of chairman of Hong Kong flag carrier Cathay Pacific Airways and Swire Coca-Cola. Photo: Jonathan Wong
Hong Kong economy

Exclusive | Takeover of Hong Kong Golf & Tennis Academy’s Central club postponed by 2 months

Source says delay of merger with Carlyle & Co follows meeting of HKGTA members.

Hong Kong property

Hong Kong, mainland China spur surge in Asia-Pacific commercial property deals

Office and retail recovery gains traction in first quarter, as Hong Kong transactions jump 367 per cent and mainland China tops the market.

Hong Kong economy

Would you invest in a play? Hong Kong sets the stage for tokenised funding

‘We also anticipate that future investment tokens and tokenised experiences will be settled using stablecoins,’ fintech group firm says.

(From left) Fish Liew, Chu Pak-him and Lillian Ho Ka-lee appear at a media event promoting the play. Photo: Elson Li
Hong Kong transport

Hong Kong firm eyes untapped market with launch of tailor-made electric minibus

Of city’s more than 4,000 minibuses, only about 10 currently electric, according to industry leader.

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Wai Lik New Energy reveals the electric minibus at the Hong Kong Science Park. Photo: Eugene Lee
Wai Lik New Energy reveals the electric minibus at the Hong Kong Science Park. Photo: Eugene Lee
Hong Kong property

Hong Kong’s Tsim Sha Tsui tops Asia luxury retail rents – but loses global crown

City’s luxury retail shows resilience with rising tourist arrivals and new store openings despite global slowdown, according to Savills.

Hong Kong economy

The Weeknd reveals dates for Hong Kong concerts at Kai Tak Stadium

K-pop girl group Babymonster also confirms stop at AsiaWorld-Arena on January 9.

Hong Kong economy

Small grocers’ neighbourhood links can help them beat price war, experts say

Latest price war erupted ahead of Mother’s Day with ParknShop, Wellcome offering 12 per cent off for shoppers who met minimum spending threshold.

A customer at ParknShop’s store in Tai Hang. Photo: Edmond So
Hong Kong economy

Hong Kong records 17% jump in investment led by purchases, construction

Finance chief Paul Chan says growth reflects improving property market, but concedes uneven recovery across different sectors.

Construction in the Kwu Tung area, where a world-class fencing hall and swimming pool are planned for the Northern Metropolis. Photo: Eugene Lee
Construction in the Kwu Tung area, where a world-class fencing hall and swimming pool are planned for the Northern Metropolis. Photo: Eugene Lee
Hong Kong property

Is Hong Kong’s cultural hub of West Kowloon emerging as ‘Central 2.0’?

SHKP to benefit as tenants including UBS, JPMorgan Chase and Banco Santander set to move into new office space near high-speed rail station.

Hong Kong economy

Exclusive | 100 Hong Kong-linked ships ‘stranded in Strait of Hormuz’ amid Middle East war

Industry leader says figure suggests 2,300 seafarers trapped in strait, with sector’s biggest priority being keeping them supplied.

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Hong Kong economy

Exclusive | Hong Kong Golf & Tennis Academy members reject Central takeover by Carlyle & Co

Some members of exclusive sports club object to Town Club operations transfer, complaining about unfair access and incompatible patron profiles.

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Carlyle & Co, a private members’ club, will take over the operations of the Hong Kong Golf & Tennis Academy’s Town Club in Central on June 8. Photo: Handout
Carlyle & Co, a private members’ club, will take over the operations of the Hong Kong Golf & Tennis Academy’s Town Club in Central on June 8. Photo: Handout
Hong Kong economy

Hongkongers pack major supermarkets amid ‘price war’ on eve of Mother’s Day

ParknShop and Wellcome offer 12 per cent off purchases, while HKTVmall tries to lure customers with up to 15 per cent off at physical stores.

Hong Kong economy

Budding Mother’s Day competition as Hong Kong florists prune prices

Crowds flock to Mong Kok market on day before Mother’s Day for colourful bouquets of carnations, roses and other fresh flowers.

Hong Kong economy

2 bike-sharing apps vie for Hong Kong riders amid industry’s erratic development

Home-grown Locobike and mainland China’s Helloride must navigate challenging landscape where bicycle lanes and parking facilities are limited.

Locobike and Helloride bicycles parked near a cycling track in Tseung Kwan O. Photo: Elson Li
Banking & finance

Hong Kong secures US$3.5 billion to fund Northern Metropolis and green projects

Global investors pile into city’s latest bond sale, with orders 7.6 times oversubscribed, backing its green finance ambitions.

The Northern Metropolis project aims to transform 30,000 hectares of land in the New Territories into a centre for innovation and technology. Photo: Edmond So
The Northern Metropolis project aims to transform 30,000 hectares of land in the New Territories into a centre for innovation and technology. Photo: Edmond So
Hong Kong-UK spying row

Beijing hits out at UK over conviction of 2 men tied to Hong Kong trade office

Foreign ministry accuse UK of abusing the law after Bill Yuen and Peter Wai found guilty of spying on Hong Kong activists in Britain.

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Hong Kong-UK spying row

Why the UK won’t shut Hong Kong’s London trade office despite spying verdict

Analysts say British authorities will prioritise stable ties with Beijing given current geopolitical uncertainties.

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Hong Kong transport

Cathay Pacific to lower fuel surcharges for passenger flights by up to 12.9%

Decrease to take effect on May 16 and comes after airline raised surcharges due to higher fuel prices as Middle East war disrupted supplies.

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For long-haul flights, the surcharge will fall from HK$1,560 to HK$1,362 per leg of the trip, Cathay Pacific says. Photo: Eugene Lee
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