Lin Heung Tea House on July 5, 2026. Photo: Alexx_sze, via Threads.

    HK F&B sees HK$500M in added revenue

    The World Cup brought an additional HK$500 million in revenue to Hong Kong’s bars and restaurants, an industry rep has said, despite games being held in the middle of the night due to the time difference. Lin Heung Tea House on July 5, 2026. Photo: Alexx_sze, via Threads. Simon Wong, president of the Hong Kong…

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    How Yung Kee and other Hong Kong heritage brands innovate to thrive in challenging times

      How Yung Kee and other Hong Kong heritage brands innovate to thrive in challenging times

      From franchising to diversification, Hong Kong’s heritage brands and long-running family businesses are looking for ways to navigate challenging times amid changing consumption patterns and soaring costs. Second- and third-generation stewards of three local brands – charcoal-roasted goose restaurant Yung Kee, toy manufacturer Kader Holdings and construction group Asia Allied Infrastructure – are using different…

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      Howard’s Gourmet in Central shut down at the end of May. Photo: Handout

        When will Hong Kong’s retail leasing market see a turnaround?

        Hong Kong’s retail leasing market remained under pressure with rental rates far below the pre-pandemic levels, while Beijing’s crackdown on capital flight and a potential rate hike in the second half of the year by the US Federal Reserve would add to sector uncertainties, according to analysts. The food and beverage sector has seen numerous…

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