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April 5, 2026
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Hong Kong steps up bid to become global gold trading hub with Shanghai agreement

    Hong Kong steps up bid to become global gold trading hub with Shanghai agreement

    3 months ago02 mins

    Hong Kong will sign an accord with Shanghai next week to establish a cross-border gold trade clearing system, a move the financial chief says will bolster the city’s push to become an international gold trading hub. Financial Secretary Paul Chan Mo-po revealed on Sunday that the city and the Shanghai Gold Exchange would sign a…

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    Mainland Chinese buyers pour US$2 billion into Hong Kong super-luxury homes

      Mainland Chinese buyers pour US$2 billion into Hong Kong super-luxury homes

      3 months ago02 mins

      After several subdued years, 2025 marked a turning point for demand in Hong Kong’s most prestigious housing enclaves, as mainland buyers streamed back into scarce ultra-luxury homes once prices stabilised and transaction momentum rolled into the new year. That shift was most visible in The Peak and Southern district – two low-density, ultra-wealthy neighbourhoods on…

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      Runners taking part in the Tin Tin international marathon at Yuen Long Stadium in the New Territories on December 14, 1969. Photo: SCMP

        On This Day | Hong Kong marathons throughout the years – SCMP archive

        3 months ago01 mins

        The Standard Chartered Hong Kong Marathon attracts tens of thousands of people from all over the world every year but the sporting event had humble beginnings in the city. When Hong Kong held its first international marathon in 1969, there were only 28 participants. In this collection of pictures, we look at how the annual…

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        Runners taking part in the Tin Tin international marathon at Yuen Long Stadium in the New Territories on December 14, 1969. Photo: SCMP

          On This Day | Hong Kong marathons throughout the years – SCMP archive

          3 months ago01 mins

          The Standard Chartered Hong Kong Marathon attracts tens of thousands of people from all over the world every year but the sporting event had humble beginnings in the city. When Hong Kong held its first international marathon in 1969, there were only 28 participants. In this collection of pictures, we look at how the annual…

          Read More
          61 million passenger trips at Hong Kong airport in 2025, up 15% year on year

            61 million passenger trips at Hong Kong airport in 2025, up 15% year on year

            3 months ago02 mins

            Passenger trips at the Hong Kong International Airport reached 61 million in 2025, marking a 15 per cent year-on-year increase, after a full year of operation with the facility’s third runway. The Airport Authority said on Thursday that the strong figures came on the back of a busy Christmas season, which saw over 200,000 daily…

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            Hong Kong lawmaker Duncan Chiu leads Legco affluent list with 54 properties

              Hong Kong lawmaker Duncan Chiu leads Legco affluent list with 54 properties

              3 months ago01 mins

              Hong Kong lawmaker Duncan Chiu owns 54 properties at home and overseas, more than any of the other 89 lawmakers, a review of their declaration of interests shows. But Chiu indicated that he is considering selling his properties in the West, citing geopolitical risks and his limited time for managing them. Chiu, the son of…

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              Qdama is the biggest seller of meat and fresh produce on the mainland. Photo: Handout

                Chinese chain Qdama, known for its night discounts, plans Hong Kong IPO

                3 months ago02 mins

                The company behind Qdama, a mainland Chinese meat and fresh produce chain known for its hefty discounts that rise by the hour every evening until the products are completely sold out, is planning to go public in Hong Kong. Qdama International, set up in 2014, has grown to become the mainland’s largest meat and fresh…

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                Small shareholders attend Hang Seng Bank’s shareholders’ meeting at Hopewell Hotel on Thursday. Photo: Edmond So

                  What does HSBC’s buyout of Hang Seng Bank mean for its future and investors?

                  3 months ago02 mins

                  Following the January 8 shareholder vote that overwhelmingly approved the largest privatisation deal in Hong Kong’s history, many questions remain about the future of Hang Seng Bank, its stakeholders and the broader financial landscape. For Hang Seng Bank’s shareholders, the immediate question is what to do with the HK$106.16 billion (US$13.6 billion) windfall from HSBC…

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                  Thousands of passenger, cargo drones will fill Hong Kong skies in decade, expert says

                    Thousands of passenger, cargo drones will fill Hong Kong skies in decade, expert says

                    3 months ago02 mins

                    Thousands of passenger and cargo air taxis could be flying across Hong Kong within a decade as the low-altitude economy takes off, according to one of mainland China’s largest drone makers, which hopes to launch operations in the city. AutoFlight senior vice-president Kellen Tse told the Post the electric vertical take-off and landing (eVTOL) aircraft…

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                    Hong Kong firms set to return to projects as new scaffolding nets expected soon

                      Hong Kong firms set to return to projects as new scaffolding nets expected soon

                      3 months ago02 mins

                      Hong Kong contractors will be able to start installing new scaffolding nets to resume renovation works as early as next week after the deadly Tai Po blaze triggered the citywide removal of mesh at around 420 buildings, an industry body has said. The Construction Industry Council planned to procure 50,000 scaffolding nets, costing HK$170 (US$21.80)…

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