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BUSINESSOct 26Kweichow Moutai Becomes Premier Partner of the Hong Kong Open 2026, Deepening Its Global Presence[The content of this article has been produced by our advertising partner.] In golf, you must hitFrom the Chishui River to the Golf Course Reframing Moutai’s Brand Narrative For Moutai, waiting is not a metaphor, but part of the craft itself. Its production takes one year and eight months, followed by three years of storage, then blending and stabilization; from the start of production to release takes at least five years. Through years of maturation, its initial sharpness gradually gives way to...South China Morning Post
BUSINESSOct 26Hong Kong positioned as green gateway for belt and road firms: John LeeHong Kong is well positioned to help companies deploy green services and technologies across belt and road countries, the city’s leader and a mainland Chinese official have said, with authorities noting that at least five enterprises have signed up. They made the remarks at the Belt and Road Green Innovation Conference, which opened in Hong Kong on Monday. It is the first time the event has been held outside the mainland, as the city seeks to act as a bridge for expanding the global market for...South China Morning Post
BUSINESSOct 26Hong Kong arbitration body eyes Mideast, Africa prospects amid global tensionsAn international arbitration body in Hong Kong is exploring business opportunities in the Middle East and Africa, citing the city’s neutrality and predictability as key draws for new markets amid rising geopolitical tensions. Domitille Baizeau, co-chairwoman of the Hong Kong International Arbitration Centre, said the city had benefited from an overall shift in global business growth from Europe to Asia, with overseas businesses increasingly choosing Hong Kong to arbitrate disputes. The...South China Morning Post
BUSINESSOct 26Hong Kong to tighten burgeoning premium financing market as red flags, risks emergeHong Kong’s insurance watchdog is tightening oversight of the city’s booming premium financing market, as the once-niche lending arrangement spreads to lower-tier insurance buyers, while also reviewing regulations, particularly on how insurers evaluate clients’ affordability, according to Insurance Authority executives. Premium financing allows policyholders to borrow money from financial institutions to pay upfront premiums on large life insurance policies, which are commonly used as a wealth...South China Morning Post
BUSINESSOct 25Hong Kong seeks bigger role for yuan in regional trade, treasury chief saysHong Kong officials held discussions with finance ministers and representatives from economies such as Brunei during last week’s Apec meeting on reducing reliance on the US dollar and expanding the use of local currencies and the yuan for bilateral trade settlement, the city’s treasury chief has said. Secretary for Financial Services and the Treasury Christopher Hui Ching-yu on Sunday also shared lighthearted but telling anecdotes about the intangible gains made by the city from hosting the...South China Morning Post
BUSINESSOct 25AIIB keen to fund projects in Northern Metropolis, Hong Kong finance chief saysThe China-led Asian Infrastructure Investment Bank (AIIB) has expressed interest in financing projects in the Northern Metropolis mega development, Hong Kong’s finance chief has said. Financial Secretary Paul Chan Mo-po also told the media on Sunday that global finance leaders had set aside their political differences during the Asia-Pacific Economic Cooperation (Apec) Finance Ministers’ Meeting held in Hong Kong last week and reached a consensus on promoting digital infrastructure, employment...South China Morning Post
BUSINESSOct 251 million Hong Kong employees to get ‘full portability’ of MPF funds in DecemberAbout 1 million employees in Hong Kong will be allowed to move their entire Mandatory Provident Fund (MPF) balance to a different provider once a year under the “full portability” arrangement, effective from December 21 for the first phase of implementation. The Mandatory Provident Fund Schemes Authority, which manages the city’s mandatory pension plans, said on Sunday that the “full portability” arrangement would be carried out in two phases to ensure a smooth and orderly implementation. In a...South China Morning Post
BUSINESSOct 25What’s next for Hong Kong developers in mainland China?Hong Kong’s major property developers are shifting investment in mainland China from residential projects to commercial assets, including hospitality, as weak home sales and fewer attractive investment opportunities prompt them to focus on existing properties, recurring income and debt reduction. “In recent years, after we recycled the capital from our projects, we haven’t really found many good opportunities on the mainland,” Stephen Ng, chairman and managing director of Wharf Holdings, said at...South China Morning Post
BUSINESSOct 2416,000 sign up for exam to drive taxis or ride-hailing cars in Hong KongAbout 16,000 Hong Kong residents have signed up for a joint exam to drive taxis or ride-hailing cars, the transport chief has said. Speaking on a radio programme on Saturday, Secretary for Transport and Logistics Mable Chan said the allocation arrangement for the 10,000 ride-hailing vehicle permits would be announced in November, with the government considering increasing the odds for certain drivers in the lottery draw. “We are pleased to see the enthusiastic response to the joint examination....South China Morning Post
BUSINESSOct 24Hong Kong customs seizes 600 million illicit cigarettes in first 9 months of 2026Hong Kong customs officers seized 600 million illicit cigarette sticks in the first three quarters of this year, the department chief has said as he revealed plans to roll out more advanced contraband detection equipment at additional border checkpoints to ease manpower pressure. Commissioner of Customs and Excise Chan Tsz-tat told a radio programme on Saturday that the seizure amount in the first nine months this year nearly matched the 2025 annual total. He said that of the 600 million sticks...South China Morning Post
BUSINESSOct 24Crypto platform on alert lists opens Hong Kong office, prompting calls for scrutinyA cryptocurrency trading platform on Hong Kong and Canadian regulators’ alert lists has opened an office in the city, prompting experts to urge closer scrutiny of how such firms promote themselves without undermining an open business environment. Experts told the South China Morning Post that inclusion on a regulator’s alert list did not necessarily mean a company had broken the law. But they urged authorities to step up oversight of how such firms marketed regulated financial products. Polar...South China Morning Post
BUSINESSOct 24Hong Kong private secondary sector expands as local universities’ reputation growsThe number of private secondary schools in Hong Kong has risen by more than half in five years as demand for alternative curricula grows and new operators seek to attract families drawn by the city’s highly ranked universities, education authorities and principals have said. Between 2021-22 and 2025-26, the number of private secondary institutions increased from 16 to 25, a jump of 56.3 per cent, Education Bureau figures show. Leaders at schools offering alternative curriculum pathways said that...South China Morning Post
BUSINESSOct 23PYMNTS | HSBC Launches Hong Kong Dollar StablecoinHSBC has launched a new Hong Kong Dollar Stablecoin. This development marks an expansion in the digital currency market and financial services.pymnts.com · United States
BUSINESSOct 23Hong Kong sauce maker to close after 90 years, making way for Northern MetropolisOne of Hong Kong’s last traditional sauce makers is to cease operations, ending its 90-year legacy, after authorities cleared land at its Kwu Tung factory on Friday. Established in 1936, Kui Lee Sauce and Preserved Fruit confirmed to the South China Morning Post that it would close down once its remaining inventory at its shop in Wan Chai was sold. “Our factory in Kwu Tung has halted production, and all remaining stock is at our retail shop. We will close permanently after selling through all...South China Morning Post
BUSINESSOct 23How Hong Kong can go from passive trade hub to regional control towerThis year has opened a rare window of relative calm in global commerce. On October 8, the World Trade Organization doubled its forecast for global goods trade growth, from 1.9 to 3.9 per cent. The easing of US-China and Europe-China tensions has given open economies some breathing space. Hong Kong has seized the moment. Its exports rose 42.5 per cent year on year in the first eight months of 2026, with figures from August alone up 53 per cent, driven largely by AI-related equipment and...South China Morning Post
BUSINESSOct 22HSBC RedCoin stablecoin launches for 3.3 million PayMe users in Hong KongHSBC will launch its Hong Kong dollar-backed stablecoin in stages from Friday for more than 3.3 million users of its PayMe app, as the bank pushes to bring digital currencies into the city’s mainstream retail and investment markets. HSBC RedCoin, available only through PayMe and the bank’s Hong Kong mobile banking app, would initially support peer-to-peer transfers and peer-to-merchant payments on PayMe, according to head of PayMe Lawrence Li. Users can activate their HSBC RedCoin wallet, with...South China Morning Post
BUSINESSOct 22Hong Kong attracts another 18 strategic firms, HK$10 billion in investment pledgedNasdaq-listed fintech company Solana and healthcare giant Johnson & Johnson are among the latest batch of enterprises in artificial intelligence, healthtech and advanced manufacturing to establish or expand operations in Hong Kong, bringing in more than HK$10 billion (US$1.28 billion) in investment to the city. The 18 enterprises signed agreements on Thursday with the Office for Attracting Strategic Enterprises (OASES), a government unit under the Financial Secretary’s Office tasked with...South China Morning Post
BUSINESSOct 22Hong Kong pay growth slows as Guangdong accelerates, survey findsHong Kong workers received smaller pay rises this year as Guangdong’s wage growth picked up, with the starting salaries of university graduates edging closer to those of sub-degree holders, an annual survey has found. Hong Kong’s Baptist University released the findings of its 2026 Guangdong-Hong Kong-Macau Greater Bay Area Pay and Benefits Survey on Thursday. It showed that companies in Hong Kong and Macau slowed pay rises this year. Meanwhile, Hong Kong’s unemployment rate rose by 0.1...South China Morning Post
BUSINESSOct 22Hong Kong port needs a new lease of life in value-driven eraHong Kong’s surging exports amid recent global trade shifts and tariff measures are reason to celebrate. However, they have not reversed the decline in the city’s port’s container throughput, which hit 12.99 million 20-foot equivalent units in 2025, down 5.1 per cent year on year. To address public doubts over the city’s standing as an international shipping centre, Hong Kong’s first five-year plan seeks to transform the maritime hub from being throughput-driven to value-driven. The policy...South China Morning Post
BUSINESSOct 22Receivers to sell mainland developer Shimao’s 2 Hong Kong hotels for US$344 millionReceivers of the Sheraton Hong Kong Tung Chung Hotel and the Four Points by Sheraton have agreed to sell the dual-branded complex, which together comprise the city’s third-largest hotel by room count, for HK$2.7 billion (US$344 million), Shimao Group announced on Thursday. In a filing to the Hong Kong stock exchange, the distressed mainland Chinese developer said the buyer was Oceanfront Hong Kong Limited. Oceanfront is owned by, among others, investment vehicles associated with ParkCity Group,...South China Morning Post
BUSINESSOct 22Sovereign wealth funds' China and Hong Kong investments surge 190% after a bruising slumpSovereign wealth funds are pouring billions of dollars back into China after a sharp investment slump.CNBC
BUSINESSOct 21Could Hong Kong’s student housing boom lure property giants off the sidelines?Hong Kong’s largest landlords and developers could get their first formal route into the rising student accommodation market after the government announced plans to tender land for a purpose-built student hostel this quarter, according to analysts. Development Secretary Bernadette Linn Hon-ho announced on Thursday the inclusion of a 1,100 square metre (11,840 square foot) site for student accommodation as one of two land tenders in the October to December quarter. The plot – at the junction of...South China Morning Post
BUSINESSOct 21Hong Kong’s SHKP sells 128 Sierra Sea flats ahead of possible US rate increaseSun Hung Kai Properties (SHKP), one of Hong Kong’s largest developers, has sold out the latest batch of flats at its Sierra Sea project in the New Territories, where units were offered at discounted prices ahead of a possible US Federal Reserve interest-rate increase by year-end. By 5.40pm on Wednesday, SHKP had found buyers for all 128 flats offered at listed prices in Phase 2C(2) of the development in Shap Sze Heung, between Sai Kung and Ma On Shan, according to agents. Sales began at...South China Morning Post
BUSINESSOct 21Attitudes shifting in Hong Kong’s favour as city reaps Apec benefits: Paul ChanHong Kong has reaped the benefits of the Apec finance ministers’ meeting with foreign political leaders broadly supporting cross-border digital finance development and showing renewed appreciation for the city, Financial Secretary Paul Chan Mo-po has said. Following the conclusion of the two-day milestone meeting on Wednesday, Chan said senior officials and representatives had discussions in a sincere and open manner over macroeconomic, fiscal and financial policy, with the overall feedback from...South China Morning Post
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