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Hong Kong economyi

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.

 

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‘Sting’ operations by cabbies to expose ride-hailing drivers are uncalled for, especially when the government should really be clarifying the status of on-demand car services

  • Financial Secretary Paul Chan invites VivaTech, Europe’s biggest tech exhibition, and a leading concert hall to Hong Kong
  • Trip is Chan’s first joint delegation with Macau and Guangdong officials to promote business opportunities in Greater Bay Area, with next stop the US

Home purchases in Hong Kong are slowing down after an initial spate of enthusiasm sparked by the government’s rollback of cooling measures in February.

While some spectators disappointed show includes advertisements, many are impressed with 3D drone formation of beloved Japanese cartoon character.

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Government ‘dropped a brick’ when it announced discussions to preserve HK$50-million sets of Twilight of the Warriors: Walled In, but this is ‘wishful thinking’, insider says.

Justice minister Paul Lam says US threats to impose new visa restrictions on Hong Kong officials go against ‘some very basic principles of international law’.

Government paper on pilot trial shows little reduction of waste at public and private residential buildings, with surveys showing as few as 20 per cent of residents using designated rubbish bags.

Readers discuss how Hong Kong can avoid another delay by making a few tweaks, why city need not chase after foreign pop stars, and the perks enjoyed by former leader Carrie Lam.

Hong Kong’s mandatory retirement fund put in its best performance in seven years in the first five months of 2024, though members who shifted their cash from Hong Kong and China equities to US stock funds have missed out.

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Privacy commissioner bans cryptocurrency Worldcoin from face and iris scan collection for security reasons on legal grounds, but creator insists company operates within the law.

The supermarket chain is importing more products from mainland China in a bid to lure Hongkongers who have taken to travelling to Shenzhen and other mainland cities where they can shop and dine for cheaper, says chairman of CK Hutchison.

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Readers discuss the lack of transparency of a sales tactic favoured by developers, an opportunity for Hong Kong to strengthen its bonds with the Arab world, and encouraging young people to pursue their dreams.

Financial Secretary Paul Chan will first visit France then move on to US – his second trip there in six months – accompanied by delegates from Hong Kong, Macau and Guangdong province.

Fifteen-minute performance will take place at the Tsim Sha Tsui Promenade on Saturday, with drones forming characters from the popular manga and animation series.

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‘Hong Kong is our hometown, [and] if there are projects with reasonable returns, we will definitely invest,’ Victor Li says at CK Infrastructure’s annual general meeting on Wednesday.

Analysts point to Singapore’s tie-up with Taylor Swift as good example of aggressive tactics, with international sports competitions also top of the wish list for some.