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South China Morning Post - Hong Kong Economy

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Website title: International Edition | South China Morning Post

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Hong Kong’s Kai Tak Stadium ranks world’s No 3 in ticket sales in debut year

Hong Kong’s 50,000-seat Kai Tak Stadium has been ranked the world’s No 3 in ticket sales in 2025, despite its debut nine months ago, with its operator saying the ranking cements the city’s status as “Asian events capital”. According to data compiled by Pollstar, a US-based trade publication for the concert and live music industry, Kai Tak Stadium also ranked No 5 worldwide for t...

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Hong Kong consumer watchdog finds 1 in 4 face washes fall short on ingredients

About a quarter of face washes tested contain only some or none of their claimed active ingredients, Hong Kong’s consumer watchdog has revealed. It also urged users to try a small portion on their skin beforehand as a precaution when using cleansers that were highly acidic. The Consumer Council on Monday said it tested 25 face washes with exfoliating properties and found that si...

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Hong Kong records 17% rise in November visitors as numbers near full-year target

Hong Kong recorded a 17 per cent rise in visitors in November to 4.2 million, compared with the same month last year, bringing total arrivals for the first 11 months close to the full-year forecast. The Hong Kong Tourism Board announced on Monday that between January and November, tourist arrivals rose 12 per cent to 45.2 million. The city recorded double-digit growth among both...

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Hong Kong businesses prepare for scaled-down Christmas celebrations after fire

Christmas celebrations will be muted in Hong Kong following the city’s deadliest fire in seven decades, business leaders say, as they try to balance the need to generate revenue with public mourning for the 160 victims. After the inferno that tore through Wang Fuk Court in Tai Po on November 26, many parties, gatherings, concerts and ceremonies were either delayed or cancelled a...

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New entrants steady Hong Kong retail property sector in absence of luxury giants

Taiwanese brand Nap Tea drew long lines when it opened its first Hong Kong store in Mong Kok in February. The chain has since expanded aggressively, opening its ninth outlet in the city this month. “What truly surprised us was our breakthrough in quickly building a loyal base of repeat customers,” said co-founder Dan Lin. “Rent is indeed a major challenge in the Hong Kong market...

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