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BUSINESS6d agoMainland Chinese arrivals to Hong Kong beat ‘golden week’ forecast in just 6 daysMainland Chinese visitor arrivals in Hong Kong exceeded the government’s forecast for the entire National Day “golden week” holiday in the first six days, as major shopping centres and hotel operators reported brisk business. The city recorded 1.3 million mainland visitor arrivals over the first six days of the week-long break, up by 11.6 per cent from the same period last year and surpassing the government’s forecast of 1.29 million for the entire holiday, according to Immigration Department...South China Morning Post
BUSINESSOct 7Hong Kong and Indonesia can deepen green finance ties, Jakarta envoy saysHong Kong and Indonesia can deepen cooperation in green finance as their ties strengthen, the country’s special envoy for international trade has said, adding that the city’s common law expertise can support the nation’s efforts to attract family offices. Hong Kong also played a vital role as a conduit channelling mainland China investments to Asean, Mari Elka Pangestu told reporters before delivering a lecture at the University of Hong Kong on Wednesday. Pangestu is the Indonesian president’s...South China Morning Post
BUSINESSOct 7Hong Kong police arrest 17 more over HK$137 million ‘crash-for-cash’ scamHong Kong police have arrested 17 more people linked to a suspected “crash-for-cash” scam syndicate as authorities investigate 669 suspicious claims totalling more than HK$137 million (US$17.4 million). Among those arrested was an insurance claimant accused of filing 12 compensation claims worth more than HK$3 million. Officers from the commercial crime bureau arrested the 17 claimants aged 27 to 49 between September 9 and October 7 on suspicion of fraud, bringing the total number of people...South China Morning Post
BUSINESSOct 7Hong Kong tech index to harness fast-growth companies in bid for better performanceHong Kong’s stock index compiler will add 10 fast-growing companies with at least HK$500 million (US$64 million) in annual sales into the city’s technology-focused benchmark in a bid to revitalise an index that has missed out on artificial intelligence-driven gains. The threshold is among a set of new measures Hang Seng Indexes Company will use to reform the Hang Seng Tech Index, which is referred to as Hong Kong’s answer to the Nasdaq but has lost its shine relative to global peers, falling 23...South China Morning Post
BUSINESSOct 7Hong Kong’s Wine and Dine Festival to feature extended hours, 10% more boothsThe annual Hong Kong Wine and Dine Festival in late October will extend its opening hours until 1am on two nights and feature 10 per cent more booths, with the Tourism Board rolling out a gourmet month throughout November to boost visitor spending and encourage longer stays. Organised by the board under the theme “Taste the World’s Best”, the festival will be held from October 29 to November 1 at the Central Harbourfront, opening at 7.30pm on the first day and 1pm on the following days. The...South China Morning Post
BUSINESSOct 7Hong Kong finance chief says economy grew in third quarter, warns of external risksHong Kong’s economy continued to expand in the third quarter of this year, driven by strong exports and tourism, the city’s finance chief has said, while warning of risks including the war in the Middle East and inflation. Financial Secretary Paul Chan Mo-po also reiterated his confidence that the economy would grow by between 3.5 per cent and 4.5 per cent this year. He was speaking during a Legislative Council debate on the city’s first five-year plan and annual policy address. He noted that...South China Morning Post
BUSINESSOct 7Why Morgan Stanley sees more upside in Hong Kong offices than New York towersHigher interest rates have weighed on property markets in both Hong Kong and New York, but Morgan Stanley sees greater upside potential in the Asian financial hub – particularly the office segment – in the months ahead, according to its latest report. The US investment bank highlighted the similarities between two of the world’s leading financial centres, pointing out that Hong Kong’s monetary policy moved in lockstep with the US Federal Reserve, while both cities faced limited land supply,...South China Morning Post
BUSINESSOct 6Hong Kong’s first-store appeal grows as more Japanese, South Korean and Thai brands arriveJapanese, South Korean and Thai brands have increased their share of new entrants in Hong Kong’s retail property market by 7 percentage points to more than one-third in the first nine months of 2026, while the demand for shops from mainland Chinese brands has slipped, according to Cushman & Wakefield. A slew of new brands helped lift the combined share of Japanese, South Korean and Thai brands to a three-year high, according to Cushman, which said it expected the trend to continue. This year,...South China Morning Post
BUSINESSOct 6Empowering a sustainable future: International Gas Union summit to be held in Hong Kong this October[The content of this article has been produced by our advertising partner.] Against a backdrop of persistent geopolitical uncertainties, global energy price trends and energy security have returned firmly to the spotlight. Taking place in Hong Kong late this month, the International Gas Union (IGU) Council 2026 and the “Empowering a Sustainable Future” Summit will offer an essential platform for cross-sector leaders to exchange perspectives on these pressing challenges. Hosted by The Hong Kong...South China Morning Post
BUSINESSOct 6Russian gold floods Hong Kong as sanctions shift bullion trade to Asia: reportA report indicates that Russian gold is increasingly being traded in Hong Kong, suggesting a shift in the global bullion market due to international sanctions. This highlights the adaptation of trade routes and financial flows in response to geopolitical pressures.Seeking Alpha Tech
BUSINESSOct 6Hong Kong remains world’s freest economy as Switzerland overtakes SingaporeHong Kong has retained its status as the world’s freest economy in the latest annual ranking by a top Canadian think tank, although its score has declined in recent years. Switzerland overtook Singapore to claim second place, pushing the city state down to third in the rankings released on Tuesday by the Fraser Institute. The 2026 Economic Freedom of the World report, compiled by the Vancouver-based public policy research organisation using data from 2024, ranked Hong Kong first among 165...South China Morning Post
BUSINESSOct 6Moonshot AI eyes Hong Kong IPO after $50 billion valuation as DeepSeek raises capitalChinese AI start-up Moonshot AI is targeting for a Hong Kong listing in early 2027 after its valuation hit $50 billion (€44.6bn), while rival DeepSeek is raising between ¥80 billion (€10.6bn) and ¥100 billion (€13.3bn) in a round led by Tencent and CATL, fuelling bets on its own market debut.EuroNews [en]
BUSINESSOct 6China’s Transsion, Africa’s top phone maker, targets US$500 million Hong Kong listingShenzhen Transsion Holdings, the maker of Africa’s bestselling phones, aims to kick off its Hong Kong share offering on Wednesday to raise up to US$500 million ahead of a targeted October 15 listing, according to people familiar with the matter. The company, which already trades in Shanghai and has a market capitalisation of 62 billion yuan (US$9.24 billion), could offer up to 132 million offshore ordinary shares, according to approval documents from the China Securities Regulatory Commission...South China Morning Post
BUSINESSOct 6Hong Kong’s big IPO haul–South China Morning Post
BUSINESSOct 6Hong Kong quizzes HSBC over Singapore AI hub decisionMonetary authority strives to bolster Chinese territory’s status as international financial capitalFinancial Times
BUSINESSOct 6Hong Kong’s bridge of gold completes China’s yuan ambitionBeijing’s push to accumulate gold serves a larger goal: yuan internationalisation. In this series, Part I traces China’s path to becoming a gold superpower, while this article explores Hong Kong’s key role in safeguarding the nation’s financial security. In 2013, one-third of the world’s traded gold passed through Hong Kong. That year, the city imported 1,158 tonnes of bullion, overtaking India, the traditional top buyer. For all our love of the glittering metal, little of it stayed in our...South China Morning Post
BUSINESSOct 5Russian gold floods Hong Kong as Western sanctions redraw bullion tradeThe surge underscores how Russia's gold trade has been rerouted after its invasion of Ukraine in 2022 shut its producers out of major Western markets.CNBC
BUSINESSOct 5How a Hong Kong property investor still made US$30 million – after a 40% price cutAmid concerns over rising interest rates and a weak retail property market, a long-time investor has sold a portfolio of prime street shops in Tsim Sha Tsui – held for more than four decades – and locked in a profit of nearly HK$237 million (US$30.2 million) despite accepting a deal more than 40 per cent below his original asking price. The portfolio of retail shops in Cheung Lee Commercial Building and the podium of Wing Lee Building, both on Kimberley Road, changed hands for HK$256.8 million,...South China Morning Post
BUSINESSOct 5Mainland Chinese arrivals to Hong Kong surged at start of ‘golden week’ holidayMainland Chinese arrivals to Hong Kong surged at the start of the National Day “golden week” holiday before easing towards last year’s levels, with a lawmaker attributing the early rush partly to the city’s fireworks display and tourists making the most of a shorter break. Immigration Department figures showed that 277,304 mainland visitors arrived on October 1, up 19.1 per cent from 232,751 on the first day of last year’s holiday and 25.1 per cent from the 221,644 recorded in 2024. “The...South China Morning Post
BUSINESSOct 5Adrian Cheng, former scion of Hong Kong’s NWD, expands K11 brand in XiamenAdrian Cheng Chi-kong, former heir apparent to Hong Kong’s New World Development (NWD), is expanding his K11 cultural retail business in mainland China, launching a venture of his own as his family’s property group grapples with heavy debt. Xiamen K11 Select, developed by Cheng’s K11 by AC Group along with state-owned Xiamen Rail Transit Group in the city in the southeastern province of Fujian, has attracted more than 2 million visits since its opening on September 22, with sales rising 32 per...South China Morning Post
BUSINESSOct 58 more firms from Belt and Road Initiative countries apply for IPOs in Hong KongEight more companies from countries belonging to Beijing’s Belt and Road Initiative have applied to list in Hong Kong, the city’s trade promotion chief has revealed. Frederick Ma Si-hang, chairman of the Trade Development Council, also said on Monday the city’s economy would benefit from improving China-US ties. Speaking on the sidelines of the Global Youth Powerhouse Summit, Ma said interest in Hong Kong’s capital markets from Central Asia had surged after a high-level delegation led by Chief...South China Morning Post
BUSINESSOct 5Gaw Capital seeks Hong Kong listing for real estate private debt fundGaw Capital plans to list a new Hong Kong fund that will invest in private loans backed by property assets across Asia Pacific and the Middle East, including but not limited to Japan, New Zealand, Singapore and South Korea, a draft listing document showed.thestandard_hk · hong kong
BUSINESSOct 5Benchmarking Asia’s Global Hubs: Hong Kong General Chamber of Commerce Unveils the Asian Cities Internationality Index 2026Tracking 11 major cities to assess internationality, the index provides data-driven insights to shape urban policy, guide business strategy, and encourage regional exchangethesun_my · malaysia
BUSINESSOct 4Hong Kong set to begin importing hundreds of carers from second half of 2027Hong Kong will begin importing hundreds of foreign domestic carers as early as the second half of 2027 under a new pilot scheme, with their pay up to 20 per cent higher than that of domestic helpers, the city’s labour minister has said. Secretary for Labour and Welfare Chris Sun Yuk-han said on Sunday that the carers would be equipped with both specialised elderly care skills and general domestic capabilities, and would first need to complete a 150-hour course in their home country. “We now need...South China Morning Post
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