Economy

Inflation accelerates 1.4% on higher transport costs

Inflation accelerates 1.4% on higher transport costs

The government signals inflation will stay “modest” despite spike.
3 days ago

SME AI adoption hits 55% as firms dodge paid software costs

Information and communications firms lead the tier with a 64% paid usage rate.
6 days ago

HK risks IP hub status as output efficiency lags South Korea

It remains a global leader in funding research but struggles to convert that capital into marketable patents and goods.

Justice Department sets up 13-member go-global advisory committee

Committee draws Mainland, Hong Kong experts to aid overseas expansion.

Foreign currency reserves edge down to $3.33t in December

Assets still cover 38% of M3, five times currency in circulation

December building unit deals reach $65b total consideration

Building sales surged 63% compared to December 2024

Retail banks complete rollout of Money Safe anti-scam service

Mandatory face-to-face verification adds new layer of deposit protection

HKMA launches IP financing sandbox for innovative SMEs

Sandbox aims to assist pilot sectors in leveraging IP assets

Ultra-high-net-worth population rises 22.9% in first half of 2025

As of June, the city ranked sixth globally by UHNW population.

Hongkongers report steadier income in Q4

This suggested income stability amongst most families, TransUnion said.

HK economy maintains strength in 2025

Talks on the 2026 budget are also underway.

Hong Kong banks race to hire AI-ready talent as skill gap widens

Software development will be the biggest talent shortfall by 2030.