South Korea, Japan, Vietnam and mainland China are emerging as popular Lunar New Year destinations for Hongkongers this year, as residents take advantage of a calendar arrangement allowing them to enjoy nine consecutive days off by taking just two days of leave. Travel industry representatives said the long break had “significantly stimulated” demand, with departures…
Hong Kong stands at a definitive demographic crossroads. With one-third of our population projected to be over 65 by the 2040s, the city can either treat ageing as a fiscal burden or it can transform longevity into a sustainable growth engine. Drawing inspiration from Andrew Scott and Lynda Gratton’s work on the 100-Year Life project,…
Hong Kong cable car attraction Ngong Ping 360 maintained steady revenue over the past year with a 20 per cent retail and dining surge helping to offset stagnant ticket sales for rides. The operator also said on Tuesday that it would introduce night rides for the first time to headline its 20th anniversary celebrations. Ngong…
We live in an interesting time. It has become clear that many Hong Kong couples would rather have a pet than a child. Small families are now the norm: a 2022 survey by the Family Planning Association showed that childless families made up 43.2 per cent of the population, followed by one-child families at 27.4…
Ricky Tam Wai-kit’s pet-friendly Uluru Cafe in Wan Chai was recently issued a grim ultimatum by Hong Kong food hygiene officers – a week-long closure if officers spotted one more dog in his restaurant, with another offence meaning losing his licence forever. “We like pets and animals, but this has made us a target for…
Japan’s representative to Hong Kong has said his consulate is making “steady progress” in developing ties with the city, while noting the absence of top local officials at a celebration of the emperor’s birthday amid tensions between Tokyo and Beijing. Jun Miura, the country’s consul general to the city, on Thursday expressed his thanks for…
Hong Kong commercial real estate is the Asia-Pacific region’s fifth most favoured investment destination for cross-border capital this year, underscoring an improved outlook for the city’s battered property market, according to a CBRE report. Hong Kong also recorded the second-highest number of luxury residential property deals among 12 super-prime markets worldwide in the last quarter…
Hong Kong IPOs 2025: Market views, mega deals, emerging trends Hong Kong cemented its status as the world’s leading initial public offerings venue in 2025, marking a year of momentum, progress and transformation. By mid-December, the market had raised HKD274.6 billion (USD35.2 billion) from 106 new listings, with four of the world’s top 10 IPOs…
HSBC, Hong Kong’s largest bank with a 6.2 million-strong customer base, suffered a widespread system breakdown on Friday afternoon. According to some customers, the bank’s mobile app and online services were inactive as early as 1pm, with login attempts diverted to a screen stating the system was under maintenance and would be accessible at a…
Hong Kong travellers continue to favour Japan as a holiday destination despite ongoing geopolitical tensions between Beijing and Tokyo, thanks to unaffected flight routes and a weaker yen, local industry operators have said. Travel agencies also identified mainland China as the top destination for Hong Kong travel groups, as they gathered at an exhibition on…