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Hong Kong Economy

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Hong Kong housing
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Members of the media are given a preview of the Hung Shui Kiu/Ha Tsuen new development area. Photo: Elson Li
Hong Kong economy

Hung Shui Kiu industrial park operator eyes bond issuance, tax cuts for firms

Incoming chairman Jeffrey Lam outlines park’s financing and offerings, says operator will first rely on government’s HK$10 billion injection.

Hong Kong economy

Hong Kong’s Paul Chan is heading to Europe. So what’s on the itinerary?

Hong Kong economy

How can Hong Kong seize opportunities as US-China relations stabilise?

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Business of climate change

Solar glass: Australia-China joint venture to set up in Hong Kong

With help from InvestHK, ClearVue and mainland partner choose city as base for effort to make power-producing glass for building facades.

A view of Hong Kong’s Wan Chai district on January 17, 2025. Photo: Edmond So
A view of Hong Kong’s Wan Chai district on January 17, 2025. Photo: Edmond So
Hong Kong property

Fresh concepts lift Hong Kong retail property as tourists and consumers return

Landlords betting on a diversified tenant mix – from pop-ups to ‘sportainment’ – to sustain growth in retail property market, analysts say.

Hong Kong

‘Too hard’: is AI squeezing graduates out of Hong Kong’s job market?

University graduates are recalibrating their expectations in market where number of vacancies has fallen by 61 per cent since 2022.

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Hong Kong economy

Scalpers list Swatch-Audemars Piguet watches hours after launch in Hong Kong

Dozens braved rain and queued for days to snap up ceramic pocket watches, with resale prices nearly seven times their retail value.

People queue up outside the Swatch store on the first day of the “Royal Pop” collection sale in Tsim Sha Tsui. Photo: Edmond So
People queue up outside the Swatch store on the first day of the “Royal Pop” collection sale in Tsim Sha Tsui. Photo: Edmond So
Hong Kong transport

What do travellers need to know when Hong Kong airport’s Terminal 2 opens?

Several airlines, including HK Express, are set to relocate their check-in operations to the second terminal between May 27 and June 10.

Hong Kong property

Buyers flock to SHKP project in New Territories as home market outlook brightens

SHKP generated more than HK$1 billion after the sale of the 154 flats at Lime Spark last week.

Hong Kong transport

Tech features at Hong Kong’s Terminal 2 to enable efficient departures

Transport minister counts down to revamped facility’s May 27 launch, saying it will mark a ‘milestone’ that boosts city’s status as aviation hub.

A self-service check-in counter at the revamped Terminal 2. Photo: Handout
Consumer protection in Hong Kong

Hong Kong parents warned of injury and choking risks from catapult and tangram toys

Customs also urges retailers to pull products from shelves after seizing 700 sets during operation.

A catapult toy could pose injury and suffocation risks to children, Hong Kong customs has warned. Photo: Handout
A catapult toy could pose injury and suffocation risks to children, Hong Kong customs has warned. Photo: Handout
Hong Kong economy

Exclusive | Hong Kong to test first flying cars carrying heavy cargo within 6 months

Passenger flights could be next if electric vertical take-off and landing (eVTOL) aircraft trials moving building materials to New Territories succeed.

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Hong Kong economy

IMF lauds resilient Hong Kong economy, but warns of risks linked to Mideast war

International body also urges city to pursue medium-term financial reforms, such as introducing goods and services tax, to boost revenue.

Hong Kong property

6 bids for Hong Kong land sale signal renewed confidence despite market caution

Tung Chung site draws bids from major developers SHKP, Kerry and Sino Land, reflecting cautious optimism for the residential property market.

A general view of Tung Chung. Photo: Felix Wong
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.

The think tank held a seminar discussing future growth pathways on Friday. Photo: Elson Li
The think tank held a seminar discussing future growth pathways on Friday. Photo: Elson Li
Hong Kong economy

Hong Kong maintains 2026 growth forecast at 2.5% to 3.5%

Government also raises headline inflation forecast for year to 2.6 per cent, up from 1.8 per cent projected in February’s budget.

Hong Kong economy

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

‘Royal Pop’ ceramic pocket-style watches, a collaboration between Audemars Piguet and Swatch, set to go on sale on Saturday.

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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.

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
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.

The merger of operations at the HKGTA’s Town Club in Central earlier sparked a backlash among members. Photo: Handout
The merger of operations at the HKGTA’s Town Club in Central earlier sparked a backlash among members. Photo: Handout
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.

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
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