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20.10.26 - 11:30
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Hong Kong′s workers fear AI-driven retirement disruptions, only 20% feel prepared: survey (SCMP)
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More than half of Hong Kong's working adults believe artificial intelligence will make their retirement path more unpredictable than previous generations, yet only one in five feel financially prepared for the shift, according to a survey by global asset manager T. Rowe Price.
About 55 per cent of the 1,004 Hong Kong residents surveyed – all 30 or older and earning at least HK$15,000 (US$2,239) per month – said they expected AI-driven disruptions to destabilise their long-term career and income......
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20.10.26 - 11:30
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Mainland Chinese traders boost Hong Kong stock buying for fourth month as AI bets surge (SCMP)
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Mainland Chinese investors bought more Hong Kong stocks than they sold for a fourth consecutive month in September, with purchases accelerating despite persistent headwinds from elevated US Treasury yields and oil prices.
Onshore traders poured a net HK$60.8 billion (US$7.7 billion) into Hong Kong's stocks via the Stock Connect programme last month, up from HK$10.4 billion in August, according to financial data provider Wind. Net buying reached HK$134.1 billion in the third quarter.
Mainland......
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20.10.26 - 11:30
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Hong Kong vies for role in robotics boom with launch of embodied AI hub (SCMP)
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The Hong Kong Productivity Council (HKPC) opened the city's first experimental hub for embodied artificial intelligence on Thursday with the participation of seven mainland and Hong Kong companies, including industry leaders Unitree Robotics and Galbot, as the city looks to carve out a role in the global robotics boom.
Located at the HKPC Building in Kowloon Tong, the Embodied AI International Applications Hub, housed under the HKPC's industrial AI and robotics centre, features simulated......
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20.10.26 - 10:42
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Suzhou Dongshan′s US$1.8b Hong Kong IPO trails expectations amid US trade risk concerns (SCMP)
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Suzhou Dongshan Precision Manufacturing raised less than expected in its Hong Kong initial public offering (IPO), as investors weighed potential US trade restrictions on its optical modules business amid the city's cautious appetite for mega listings, analysts said.
The company has started taking investor orders for a Hong Kong listing, offering 113.7 million shares at a maximum price of HK$93.80 per share, according to its prospectus on Tuesday.
A total of 20 cornerstone investors have agreed......
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20.10.26 - 09:54
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Spotlight on Hong Kong as APEC finance ministers gather to discuss region′s economic future (SCMP)
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[The content of this article has been produced by our advertising partner.]
Hong Kong will be able to flex its growing strength and influence as a major international financial centre when the city stages the Asia-Pacific Economic Cooperation (APEC) 2026 Finance Ministers' Meeting (FMM) for the first time, from October 20 to 21.
For the city's Financial Secretary Paul Chan Mo-po, it is an opportunity to “showcase Hong Kong's comprehensive development in the economic, financial and social......
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20.10.26 - 09:54
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No rush to T+1: Hong Kong exchange won′t hurry settlement-time change, sources say (SCMP)
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Participants in Hong Kong's stock market may need to wait longer for shorter transaction settlement times, as market participants want more time to prepare for the change, according to two sources familiar with the matter.
Bourse operator Hong Kong Exchanges and Clearing (HKEX) said in a consultation paper in April that it aimed to implement a so-called T+1 system – under which trades would be settled one day after transactions – in the fourth quarter of 2027, replacing the existing T+2......
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20.10.26 - 09:54
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How Jardine Matheson′s street-shop sale reflects Hong Kong retail property′s struggles (SCMP)
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Amid Hong Kong's commercial property downturn, British conglomerate Jardine Matheson has sold a street shop in Causeway Bay for HK$80 million (US$10.2 million) after holding it for more than 50 years, accepting a price HK$10 million below its earlier valuation.
The property, a ground-floor shop in H&S Building at 36 Leighton Road, with a gross floor area of about 11,727 square feet, was acquired by Uni Investment Development, according to Land Registry records.
Jardine Matheson appointed an......
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20.10.26 - 09:54
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Mainland China, Hong Kong stocks fall as US inflation spurs Fed tightening concerns (SCMP)
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Stocks in mainland China and Hong Kong slumped on Thursday, with the benchmark of yuan-denominated equities sliding to a 14-month low, as a hot reading on US inflation boosted bets that the Federal Reserve would raise interest rates and a plunge in the South Korean market further dented sentiment.
The CSI 300 Index slid 1.2 per cent to 4,166.01 at the close, the lowest since August 12, 2025. The chip-heavy Star Market 50 gauge tumbled to a six-month low with a 1.5 per cent decline.
The Hang Seng......
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20.10.26 - 09:54
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Hong Kong firm, Qatar bank to launch Chinese equity fund to lure Middle East capital (SCMP)
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China Asset Management (Hong Kong) and Qatar's Lesha Bank agreed on Wednesday to launch Qatar's first sharia-compliant China equity fund, highlighting growing efforts by Chinese financial institutions to lure Middle East capital as institutional investors and wealthy families seek safe havens amid geopolitical turmoil.
Among the key selling points of the mainland China and Hong Kong stock markets for Middle East investors are the mainland's rising artificial intelligence capabilities and biotech......
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20.10.26 - 09:54
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HSBC to double Hong Kong AI team to 300, outpacing Singapore plan (SCMP)
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HSBC, Hong Kong's biggest lender, said on Thursday it would double its artificial intelligence specialist team in the city to 300, a figure much larger than the workforce planned for its recently announced AI centre in Singapore.
The announcement comes after Hong Kong's regulators were reported to have raised concerns about the Singapore hub.
The bank would double its AI specialist headcount in Hong Kong from 150 to 300 over the next two to three years, said David Liao Yi-chien, HSBC co-CEO for......
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20.10.26 - 09:54
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Hong Kong ranks third globally as philanthropy hub, behind New York and Seoul, study finds (SCMP)
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Hong Kong has emerged as the third best city in the world for wealthy individuals seeking to make philanthropic contributions over the medium term, trailing New York and Seoul, according to a study by Altrata.
The inaugural Giving Opportunity Index by the US-based group that tracks the world's affluent population ranked 100 cities based on three criteria: wealth, donor affinity and philanthropic infrastructure.
The study defined the “global wealthy” as individuals with a net worth of more than......
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20.10.26 - 09:54
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Hong Kong plans just 2 land sales this quarter despite housing rebound (SCMP)
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The Hong Kong government will release two parcels of land for sale – one for a residential development and another for a student hostel project – in the October to December quarter, as officials maintain a cautious stance towards housing supply even as the market rebounds.
One residential site – an 8,015-square-metre (86,250-square-foot) parcel of land in Sha Tin – will be offered through tender in the third quarter of the 2026-2027 financial year, Development Secretary Bernadette Linn Hon-ho......
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20.10.26 - 09:54
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Hong Kong investors most eager in Asia to beat markets – but temper return hopes: report (SCMP)
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Hong Kong investors are Asia's most ambitious stock pickers, but they have much more subdued return expectations than regional peers swept up in enthusiasm over artificial intelligence, according to a survey by a global asset management firm.
Some 95 per cent of Hong Kong respondents said they wanted to outperform the market, the highest proportion in Asia, where the average stood at 85 per cent, according to a survey conducted in August by Natixis Investment Managers.
Hong Kong investors......
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20.10.26 - 09:54
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Hong Kong′s IPO fraud clampdown sends shock waves across financial sector (SCMP)
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Hong Kong regulators' tough action to crack down on fraudulent activity in the initial public offering market is sending ripples across the city's financial industry, with insiders predicting short-term turbulence as some listings are scaled back or even cancelled.
Financial intermediaries and IPO sponsors in particular find themselves in a “difficult position”, as they are now expected to conduct deeper due diligence to ensure deals are free from distortions, sources told the South China......
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20.10.26 - 09:54
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′Father of Lan Kwai Fong′ Allan Zeman pivots to Hong Kong′s luxury home market (SCMP)
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The wallpaper on Allan Zeman's office desktop computer screen is an image of Chandara, the private estate in Phuket that he has owned for more than two decades. Now the “father of Lan Kwai Fong” is bringing the Thai resort-style concept to Hong Kong's luxury housing market.
Located in rural Sai Kung, 181 Clearwater is the first local residential project for Zeman's Lan Kwai Fong Group.
Developed with Far East Consortium and Hien Lee Engineering, the project – which has received presale approval......
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20.10.26 - 09:54
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Hong Kong′s skiers flock to mainland as indoor slopes mushroom nationwide (SCMP)
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A rising number of travellers from Hong Kong and Macau are flocking to indoor ski centres in Guangdong province, as new venues mushroom across the mainland amid a winter sports boom.
Chinese indoor ski resort operator Bonski said 20 to 30 per cent of visitors to its facility in Guangzhou were now coming from Hong Kong and Macau, as the company's venues continue to attract a growing customer base.
“Most visitors to indoor ski venues are local residents, and we have seen steady inflows of......
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20.10.26 - 09:54
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Rokid launches ′no man′s land′ retail experience with Hong Kong flagship store opening (SCMP)
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When shoppers step into Rokid's brand new flagship store in Hong Kong, they are greeted not by eager sales associates, but by glowing monitor screens and a robotic system waiting at the exit.
In what the Chinese augmented reality (AR) gadget pioneer called an experiment in “no man's land” retail, customers navigate the entire journey independently: testing artificial intelligence smart glasses, making payments on a screen and receiving their new devices directly from an automated system on their......
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20.10.26 - 09:54
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Hong Kong′s primary residential market sees wave of launches, successful sales (SCMP)
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Hong Kong homebuyers are poised to see new residential launches in the coming days and weeks following a sell-out weekend of more than 360 flats in two major projects in the city.
Sun Hung Kai Properties (SHKP), one of Hong Kong's major developers and landlords, was set to hold a second round of sales for Sierra Sea Phase 2C(2) in Shap Sze Heung, which is between Sai Kung and Ma On Shan, with 152 flats on offer on Wednesday, it said in a statement.
Among them, 128 flats would be sold via a......
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20.10.26 - 09:54
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Why mainland Chinese still drive Hong Kong′s housing market despite Beijing′s 20% tax (SCMP)
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Although the Chinese government imposed a 20 per cent tax on rental income and capital gains derived from overseas properties transferred into offshore trusts by mainland residents, agents said these investors remained a key driver of the Hong Kong property market.
China's Ministry of Finance and the State Taxation Administration said in July that rental earnings – profits from the sale of properties and investment gains derived from assets including real estate, stocks or equity interests held......
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20.10.26 - 09:54
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Hong Kong to cement its role as a yuan bond hub by appealing to more sovereign borrowers (SCMP)
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Hong Kong is opening its arms to more sovereign debt issuers, as this week's Apec Finance Ministerial Meeting (FMM) provides a good opportunity to demonstrate the depth and advantages of the city's financial markets.
Its signature dim sum bond market could leverage low fundraising costs relative to that of developed markets and risk diversification considerations to make the city a magnet for sovereign borrowers, including many members of the Asia-Pacific organisation, according to......
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