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06.04.26 - 04:06
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Return of overseas hires meets tighter housing supply, driving up Hong Kong luxury rents (SCMP)
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Rents in Hong Kong's luxury housing market are rising as supply tightens, with returning overseas professionals heating up the competition to secure prime homes.
The rebound is most evident in traditional upscale districts such as The Peak and Southside, where leasing activity has picked up sharply this year. Transactions reached 108 in the first quarter, with more than 40 per cent involving monthly rents above HK$100,000 (US$12,760), according to Midland Realty.
At the centre of the surge is......
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05.04.26 - 10:00
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How changes in home rental laws in England will impact Hong Kong, mainland investors (SCMP)
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A proposed cap on the ground rents paid by leasehold homeowners in England and Wales is seen as favouring foreign property investors, including those from Hong Kong and mainland China, but another measure tightening rules in setting rents is dampening demand ahead of its implementation, according to analysts.
An estimated 203,000 homes in England and Wales are registered to owners with an overseas address. Hongkongers hold 14 per cent, making them the largest group of foreign investors in the......
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05.04.26 - 09:06
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Hong Kong-listed CaoCao hails fleet-first strategy as China′s robotaxi race gathers pace (SCMP)
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Chinese ride-hailing company CaoCao, backed by Geely, is betting on a heavy-asset strategy to emerge as a leading robotaxi operator, with plans to deploy 100,000 autonomous vehicles by 2030 as competition intensifies and self-driving technology matures.
In an interview with the South China Morning Post, CEO Gong Xin said the future of robotaxis hinged on an asset-management model built around a closed-loop “trinity” of vehicle manufacturing, autonomous driving technology and fleet......
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03.04.26 - 11:06
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Manulife, HSBC, Barclays among big finance firms pushing AI adoption in Hong Kong (SCMP)
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Manulife, HSBC Holdings and Barclays are among the big financial firms that have announced plans to boost their adoption of artificial intelligence, in line with the Hong Kong government's efforts to promote the use of the technology.
Manulife last week said it had relocated Mark Czajkowski, chief AI officer for Asia, to Hong Kong from Singapore, and had appointed Liu Hongjuan as chief AI and data officer of Manulife Hong Kong and Macau, a newly created post, on March 9.
HSBC Holdings, the......
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03.04.26 - 04:12
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Hong Kong positions itself as launchpad as ′China Inc.′ accelerates global expansion (SCMP)
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As Chinese enterprises pivot from traditional export models to building comprehensive global ecosystems, the strategic road map for this expansion took centre stage in Hong Kong on Tuesday.
Gathering at the Island Shangri-La Hong Kong for the 2026 SCMP C-Suite Annual Leadership Summit, CEOs and business leaders from Hong Kong, China and across the region, convened to dissect the “China Inc. Goes Global” phenomenon. The closed-door forum, organised by the South China Morning Post, provided a rare......
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02.04.26 - 08:06
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Chinese traders shrug off volatility to buy Hong Kong stocks for third straight month (SCMP)
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Mainland Chinese investors extended their buying spree of Hong Kong stocks in March, looking past the turmoil triggered by the US-Israel war on Iran and betting that Chinese assets would be able to withstand the oil shock.
Onshore traders bought HK$61.4 billion (US$7.8 billion) of the city's stocks through the cross-border exchange link programme last month, marking a third consecutive month of net inflows, data from the Hong Kong stock exchange and Bloomberg showed. The buying came even as the......
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02.04.26 - 05:36
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Hong Kong′s unified stock exchange opens for trading in 1986 – SCMP archive (SCMP)
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This article was first published on April 3, 1986.
By Jerry Norton
Debut-day is full of contradictions
Considering the historic nature of yesterday's share market trading, a strong rally might have seemed appropriate.
Instead, the first session in the new unified stock exchange saw prices finish sharply down from Thursday's close.
But most brokers still described themselves as well satisfied with the performance, despite the Hang Seng index closing the morning-only trading session 22.67 points......
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02.04.26 - 05:30
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Hong Kong′s property deals exceed 7,000 for 6 straight months in March (SCMP)
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Hong Kong's property transactions crossed 7,000 for the sixth consecutive month in March – the first time in four years that monthly volumes stayed above this level – amid rising demand, according to estimates compiled by leading real estate agencies.
The value of transactions for offices, shops, new and second-hand homes, industrial spaces and car parking slots amounted to nearly HK$64 billion (US$8.16 billion), according to separate estimates by Centaline Property Agency and Ricacorp......
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02.04.26 - 02:30
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Hong Kong home bought 52 years ago fetches owner 252 times return (SCMP)
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Veteran Hong Kong sports administrator Lawrence Yu Kam-kee is selling his Kowloon Tong home of over 50 years for about HK$190 million (US$24.2 million), after waiting patiently for market conditions to improve.
“I had wanted to sell for a long time but waited until the market improved a bit to get a better price,” Yu told the South China Morning Post. He added that he had moved out of the house about a year ago as it was too large for a single occupant.
The sale agreement had been signed and a......
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01.04.26 - 14:06
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China′s Nexchip files for Hong Kong listing as chip expansion race heats up (SCMP)
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China's third-largest chip foundry, Nexchip Semiconductor, filed for a Hong Kong listing on Tuesday as domestic wafer fabs race to expand production capacity amid surging artificial intelligence demand and Beijing's push for greater chip self-sufficiency.
Nexchip, a smaller rival to SMIC and Hua Hong Semiconductor, is seeking a dual listing in Shanghai and Hong Kong, signalling the state-backed foundry's latest effort to strengthen its position in China's mature-node chipmaking sector.
The move......
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01.04.26 - 12:01
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IPO rush returns: Hong Kong cements its position on top of global listings (SCMP)
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A burst of 16 new and refiled initial public offering (IPO) applications on Tuesday – including Miniso-backed toy retailer Top Toy – signals a renewed push by companies to tap Hong Kong's capital markets, as the city looks to cement its standing as a leading global listing venue despite intensifying competition and lingering headwinds.
The filings, disclosed by Hong Kong Exchanges and Clearing (HKEX) on March 31, span a range of sectors, though hard-tech firms dominate the pipeline.
Companies......
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01.04.26 - 10:36
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Mainland China, Hong Kong premium office supply to peak as demand lags, Cushman says (SCMP)
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Prime office supply in mainland Chinese cities and Hong Kong is estimated to peak this year, while demand remains hampered by an economic slowdown and global uncertainties, according to Cushman & Wakefield.
At the end of 2025, premium office inventory in 21 major cities in Greater China – including Hong Kong, Beijing, Shanghai, Shenzhen and Guangzhou, as well as Taiwan – amounted to 99.2 million square metres (1.07 billion sq ft), up 4.6 million square metres or 8.4 per cent from a year earlier,......
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