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Hong Kong economy

Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows

by Anas Siddiqui
Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows

The yuan is facing its highest level of capital outflow in eight years, according to new research, and data suggest a wave of offshore yuan remittances from Hong Kong to …

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More pain ahead for Hong Kong retailers as residents flock to Shenzhen for cheaper goods, slowing recovery

by Anas Siddiqui
More pain ahead for Hong Kong retailers as residents flock to Shenzhen for cheaper goods, slowing recovery

Hong Kong’s economic recovery is slowly filling up retail spaces in the city, pushing vacancy rates to a three-year low. The rebound, however, is bypassing the northwestern part of the …

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Christopher Hui in New York to promote Hong Kong’s superconnector role in meetings with likes of Michael Bloomberg, Fed CEO

by Anas Siddiqui
Christopher Hui in New York to promote Hong Kong’s superconnector role in meetings with likes of Michael Bloomberg, Fed CEO

The Secretary for Financial Services and the Treasury will meet Michael Bloomberg, founder of financial media company Bloomberg and former New York City mayor, on Tuesday. He will also address …

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Opinion | Three cheers for Sevens and Hong Kong – different but back to business

by Walter Watson
Opinion | Three cheers for Sevens and Hong Kong – different but back to business

This strangely parallels the new normal where Hong Kong is back to business – but it is a different economy, dominated by the fortunes of the Chinese economy. Brave talk …

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Opinion | Let’s make March ‘Hong Kong Art Month’

by Haddis Thomas
Opinion | Let’s make March ‘Hong Kong Art Month’

Art and culture can shape the essence of a city, strengthening its soft power and elevating its ability to draw visitors from around the world. The benefits the arts industry …

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Opinion | Hong Kong is ‘over’? These 7 strengths will keep its economy thriving

by Ron Morgan
Opinion | Hong Kong is ‘over’? These 7 strengths will keep its economy thriving

While the stock market’s performance has been disappointing – the Hang Seng Index is now back to its 1997 level – the city has done very well in the other …

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Opinion | How Hong Kong can avoid being sidelined in the Greater Bay Area

by Anas Siddiqui
Opinion | How Hong Kong can avoid being sidelined in the Greater Bay Area

Nearly seven years ago, Chinese President Xi Jinping witnessed the signing of the framework agreement on deepening cooperation between Hong Kong, Macau and Guangdong province as part of the Greater …

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Beijing to make it easier for solo travellers from mainland China to visit Hong Kong: source

by Ron Morgan
Beijing to make it easier for solo travellers from mainland China to visit Hong Kong: source

Beijing could allow more mainland Chinese tourists to visit Hong Kong by expansion of its solo traveller scheme as it “responds proactively” to the city government’s request for more cross-border …

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Opinion | Worst may be over for Hong Kong stocks – it’s time to buy

by Anas Siddiqui
Opinion | Worst may be over for Hong Kong stocks – it’s time to buy

Hong Kong has almost always been cheap. I’m not talking about the cost of housing or the prices in the supermarkets – but the value of the stock market. For …

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Opinion | Iconic brands and new stars show Hong Kong has what it takes for global success

by Anas Siddiqui
Opinion | Iconic brands and new stars show Hong Kong has what it takes for global success

These developments are no surprise. Hong Kong was the most prosperous city in China, known for its entrepreneurial zeal and ability to create products with great appeal. The success of …

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