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BUSINESSJul 1Malaysia lures priced-out Hong Kong property buyersNorman Wong sold his Hong Kong flat and relocated to a rented home in Malaysia after concluding the city no longer offered the quality of life he expected for the price. “What am I actually getting for this money in terms of quality of life?” asked Wong, a healthcare professional from Kowloon. “Space is at a premium in Hong Kong that most of us have simply accepted as the norm. When I started seriously looking at Malaysia, I realised I didn’t have to accept that any more.” Wong is part of a...South China Morning Post
BUSINESSJul 1Fast lane to luxury: Hong Kong developer lures upmarket homebuyers with Mercedes giveawaysA Hong Kong developer is dangling Mercedes-Benz cars to entice buyers of its high-end homes in the Southern district, riding on a resurgence in the luxury property segment. K&K Property partnered with Zung Fu Limited to launch the promotion at One Stanley, an 82-unit project that had attracted wealthy local and overseas buyers seeking privacy, exclusivity and sea views, with the campaign coinciding with the 29th anniversary of Hong Kong’s handover. “This promotion aims to attract potential...South China Morning Post
BUSINESSJun 30New Asean Chamber of Commerce launched in Hong Kong will ‘fulfil long-felt need’Setting up a new regional chamber of commerce will “fulfil a long-felt need” to bridge the gap between the Greater Bay Area and Asean, with Hong Kong acting as a “natural connector”, the business group’s inaugural chairman has said. But given existing agreements and bilateral relations between the city and individual member states of the Association of Southeast Asian Nations, analysts said the economic benefits introduced by the new chamber were likely to be more modest than dramatic. The Asean...South China Morning Post
BUSINESSJun 30Apple supplier Luxshare seeks up to $3.1B in Hong Kong share saleSeeking Alpha Tech
BUSINESSJun 30Funding option: royalties giant opens Hong Kong base as mainland China biotech deals surgeThe world’s largest buyer of biopharmaceutical royalties has set up its first Asia-Pacific base in Hong Kong, joining a string of multinational corporations in the pharmaceutical sector establishing offices in the city as out-licensing deals by mainland Chinese biotechnology firms hit record highs. Royalty financing gives drug developers an alternative way to raise capital even as US investment restrictions loom, according to an expert. “Chinese biotech firms would need royalty financing as an...South China Morning Post
BUSINESSJun 30Hong Kong IPOs ride China’s tech wave, but Nasdaq leads way with SpaceX tsunamiHong Kong has surrendered its IPO fundraising crown to Nasdaq following SpaceX’s blockbuster listing earlier this month, but it did so while seeing its IPO proceeds register a year-on-year rise of about 84 per cent in the first half of 2026 – consolidating the region’s position as a primary offshore financial hub for Chinese issuers. A total of 83 companies raised US$26.42 billion on the Hong Kong stock exchange’s main board from January to June, according to LSEG Data & Analytics. The figure,...South China Morning Post
BUSINESSJun 30Hong Kong beauty operators warn tighter rules may deal ‘blow to our trade’A Hong Kong government plan to tighten regulations on prepaid beauty and fitness contracts has sparked concern among operators, who warn that a rigid refund window and caps on administrative fees ignore operational realities. The government on Monday launched a two-month public consultation on proposed amendments to the Trade Descriptions Ordinance, aimed at strengthening consumer protection amid persistent complaints about unfair practices and high-pressure sales tactics. Key proposals include...South China Morning Post
BUSINESSJun 30Apple supplier Luxshare seeks up to $3.1 billion in Hong Kong share saleApple supplier Luxshare Precision Industry is seeking to raise as much as $24.27 billion Hong Kong dollars ($3.1 billion) through a Hong Kong share sale.CNBC
BUSINESSJun 30Shanghai should step up as finance hub, as Hong Kong ‘not enough’, proposal saysShanghai has been urged to build itself into a hub serving the rising outbound investment needs of Chinese firms, potentially increasing rivalry with Hong Kong as both cities race to augment their status as financial centres. The suggestion by Liu Xiaochun, vice-president of the Shanghai Finance Institute and a senior banker with three decades of experience, was made in mid-June at a closed-door meeting hosted by China Finance 40, a Beijing think tank comprising many top Chinese financial...South China Morning Post
BUSINESSJun 29Hong Kong implements cross - boundary facilitation measures to encourage yacht visitsHong Kong is implementing new measures to facilitate cross-boundary yacht visits. These efforts aim to encourage tourism and economic activity in the region.bignewsnetwork.com · United States
BUSINESSJun 29Hong Kong proposes cooling-off period for beauty, gym deals to curb hard-sell tacticsHong Kong has proposed a statutory seven-day cooling-off period and a 14-day refund window for prepaid beauty and fitness contracts as part of efforts to strengthen consumer protection amid persistent complaints about unfair trade practices and high-pressure sales tactics. The measures form part of three major policy recommendations suggested by the government as it launched a two-month public consultation on Monday aimed at addressing enforcement gaps under the Trade Descriptions Ordinance in...South China Morning Post
BUSINESSJun 29Baidu rises as AI unit Kunlunxin eyes $50B Hong Kong listing - reportSeeking Alpha Tech
BUSINESSJun 28To tackle elderly poverty crisis, Hong Kong needs to rethink retirementHong Kong faces the prospect of a tsunami of elderly poverty sweeping over society in the coming decades. The question is what to do about it. The good news is that there are ways to reduce the severity of the problem. The bad news is that these will take time to be effective, so we need to start work immediately. An important sign of the severity of the situation was provided by a recent study jointly conducted by the Hong Kong Retirement Schemes Association and prominent pension consultant...South China Morning Post
BUSINESSJun 28The final insurance frontier: Hong Kong spots opportunity in mainland China’s space boomElon Musk’s recent record-breaking SpaceX IPO has thrust the space economy into the financial mainstream, but mainland China’s trillion-yuan commercial space sector remains strikingly underinsured – a gap industry insiders say presents a rare opportunity for Hong Kong. On the mainland, only third-party liability insurance is mandatory for commercial space activities. Coverage for research and development, manufacturing, testing, launches and in-orbit operations remained largely optional,...South China Morning Post
BUSINESSJun 28Hong Kong can drive ‘China Opportunity 2.0’ push for global growth: Paul ChanHong Kong is uniquely positioned to add value to Beijing’s “China Opportunity 2.0” narrative, serving as a bridge and catalyst for the global expansion of mainland Chinese enterprises, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po also named the Northern Metropolis megaproject in his weekly blog on Sunday as a destination that would empower mainland firms to commercialise their research outcomes and deepen technological development of both sides. “In the face of...South China Morning Post
BUSINESSJun 28Financial products or illicit gambling? Can Hong Kong regulate prediction markets?The legality of prediction markets in Hong Kong has been called further into question, with at least one international brokerage firm operating such a platform in the city, prompting the market regulator to say certain activities may be considered “financial products”. Lawyers were also split on whether the delineation between financial products and illegal gambling was clear under the city’s existing laws given the nature of prediction markets, with one saying the latest case highlights a “grey...South China Morning Post
BUSINESSJun 27Prediction markets: Hong Kong ban alone will not solve risks, legal experts sayPrediction markets occupy a grey area under Hong Kong’s gambling laws, with experts warning that the increasingly popular betting platforms could pose risks related to market manipulation and consumer protection. Lawyers and a legislator said that while a ban could restrict access to these largely unregulated betting platforms, authorities would face challenges in gathering evidence and prosecuting cases. “If there were such a ban, we foresee there would be practical challenges for the...South China Morning Post
BUSINESSJun 27Growth agenda: Hong Kong vows stronger exchange with reforms, bond futures and gold pushHong Kong is pressing ahead with an overhaul of listing rules and the launch of new product initiatives, the city’s deputy finance chief said on Friday as the bourse operator marked 26 years as a publicly traded company. Speaking at the anniversary ceremony of Hong Kong Exchanges and Clearing (HKEX), Deputy Financial Secretary Michael Wong Wai-lun outlined reforms under review, including optimising weighted voting rights, easing secondary listings by overseas issuers, and expanding flexibility...South China Morning Post
BUSINESSJun 26Hong Kong power firms to give residential customers rebates as bills soarHong Kong’s two major electricity suppliers will provide rebates to eligible households between August and October to reduce their bills and ease financial pressure after the US-Israel war on Iran pushed up energy prices. HK Electric said on Friday that it would provide a special subsidy of 8 HK cents per kilowatt-hour (kWh) for three consecutive months to residential customers with a monthly electricity consumption of 450 kWh or less. A spokesman said the initiative would benefit around half of...South China Morning Post
BUSINESSJun 26Hong Kong reports 36% rise in FDI inflows so far this year, InvestHK data showsHong Kong continued to draw US and European firms to expand their businesses in the city in the first half of this year, the latest data shows, adding new momentum to its superconnector role. A total of 413 companies either set up local entities or expanded their businesses in Hong Kong in the first six months of 2026, representing a year-on-year increase of 9 per cent, government investment promotion agency InvestHK said on Thursday. “[The firms] are expected to bring in over HK$53 billion...South China Morning Post
BUSINESSJun 26CK Asset sells penthouse in Hong Kong’s Mid-Levels for US$48.5m, sets pricing benchmarkA penthouse at CK Asset Holdings’ luxury residential project in Hong Kong’s Mid-Levels has been sold via tender for HK$380.77 million (US$48.5 million), according to a statement from the flagship property developer of tycoon Li Ka-shing, underscoring the rebound in the city’s high-end residential segment. Unit 10 on the 20th floor of 21 Borrett Road in the upscale district in Central fetched HK$126,000 per square foot, the highest price for the development and for new home sales this year,...South China Morning Post
BUSINESSJun 26Hong Kong’s big economic dreams: what’s the reality and where do the poor fit in?In the first of a two-part series on the economy as Hong Kong marks 29 years since its return to Chinese rule, Denise Tsang and Vivian Au look at efforts at transformation, including the city’s bet on the Northern Metropolis, and the challenges ahead. Molly Lam lives alone in a public housing flat in Tsuen Wan but fear is a constant companion as she worries about losing her job. The restaurant worker in her sixties has seen how her company is shrinking its operations amid an industry...South China Morning Post
BUSINESSJun 25IPO Connect pitched as Hong Kong’s next move to boost finance hub role. But hurdles loomHong Kong is seizing every opportunity to consolidate its role as a global financial centre, leveraging unique advantages and national strategies. This piece, the second in a miniseries focusing on the city’s financial industry ahead of the handover anniversary, explores the likelihood of an “IPO Connect” that could inject much-needed liquidity into the market and deepen international investors’ access to top-tier China assets. At every summer’s Lujiazui Forum, attended by China’s top financial...South China Morning Post
BUSINESSJun 25HKEX pushes deeper into index business as AI reshapes Hong Kong marketHong Kong Exchanges and Clearing (HKEX) is expanding into the index business with plans to launch more proprietary benchmarks and related investment products, as traditional market gauges have lagged regional peers during the artificial intelligence-driven technology rally. The operator of Hong Kong’s stock exchange will debut the first exchange-traded fund (ETF) tracking its HKEX Tech 100 Index on Friday. The index, launched on December 9, tracks the 100 largest technology companies listed in...South China Morning Post
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