Hong Kong Island office rents drop by 5.7% in March

Traditional Grade A offices saw a steeper decline. In a recent report, Knight Frank said office rents on Hong Kong Island have continued to decline, with the rents in March recorded at HK$59.8 per sq ft. This represents a 1.6% MoM and 5.7% YoY decrease, …

Budget brand no more? Pelliot readies Hong Kong IPO after profit surge

Pelliot first signaled its IPO ambitions in August 2023, when it filed for listing guidance with the Anhui arm of the China Securities Regulatory Commission. The goal was a debut on the Shenzhen Stock Exchange. But by April 2025, the company pivoted, …

Crowds cheer for the Hong Kong Bun Festival, a century-old tradition of rituals and acrobatics

Thousands of people flocked to Hong Kong's Cheung Chau Island on Tuesday to celebrate the Bun Festival, a traditional festival more than 100 years old aimed at driving away evil spirits and invoking peace and blessings for the community. The festival …

After The Taiwan Crisis, Goldman FX Traders Ask If The Hong Kong Dollar Peg Will Finally Break

After the historic moves in USDTWD since last Friday, which saw the currency surge by 5% on Monday, its biggest intraday gain in more than three decades before retracing much of the move after the central bank stepped in to calm the market, the question …

Việt Nam looking for first win against Hong Kong for smooth ride in Asian Cup

March Sees 3.5% Drop in Hong Kong Retail Sales Amid Consumer Demand Shift

Retail sales in Hong Kong experienced a notable decline in March, dropping by 3.5% year-on-year to a provisional total of HKD 30.1 billion, according to the latest report from the Census and Statistics Department. When adjusted for inflation, the decrease …

Innovation Takes Center Stage at Fashion InStyle in Hong Kong

As Hong Kong’s Fashion InStyle fairground wrapped up, attendance numbers underscored the Fragrant Harbour city’s international influence as a global trade platform. Organized by the Hong Kong Trade Development Council (HKTDC), a statutory body established …

Hong Kong duo accused of aiding Abby Choi’s ex had ‘no intention to get involved’

Two defendants accused of helping the ex-husband of slain model Abby Choi Tin-fung in a failed attempt to flee Hong Kong have denied receiving payment or entering into any agreement to arrange a boat to Macau for the murder suspect. Kowloon City Court …

Hong Kong Observatory cancels amber rainstorm signal on Wednesday afternoon

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. The Hong Kong Observatory issued an amber …

Welcome mat for all as Hong Kong finally finds its tourist appeal again

It has taken a while since the Covid-19 pandemic for Hong Kong to reassert its tourist appeal. There is no doubt that it has after the mainland’s Labour Day “golden week” holiday, with the total number of visitors during the five days reaching about 1.1 …