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Billion dollar sports events boost Hong Kong’s coffers

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Billion dollar sports events boost Hong Kong’s coffers
Blog

Blog

Billion dollar sports events boost Hong Kong’s coffers

2026-09-02 12:39 Last Updated At:12:39

It is said that sport promotes a healthy body, a healthy mind…and a healthy economy. In Hong Kong’s case that is worth about HK$51 billion (US$6.5 billion), or 1.5 per cent of our $3.4 trillion (US$ 434.2 billion) gross domestic product.

On top of that, it provides for about 84,000 jobs, according to figures released by the Census and Statistics Department.

Already Hong Kong draws on a fine reputation for hosting international sporting events, such as the Rugby Sevens, ATP and WTA tennis championships, the LIV golf tournament, equestrian events, snooker championships to name just a few. Every month The Leisure and Cultural Services Department’s calendar is filled with sporting events, both local and international, to keep sporting facilities fully booked.

Due to its high class sports facilities, low tax regime, location as the center of Asia and lifestyle appeal, Hong Kong has attracted super stars like snooker champions Ronnie O’Sullivan, Judd Trump and Jimmy White to take up residence here under the government’s Quality Migrant Admission Scheme (QMAS). The Scheme is designed to attract highly skilled or talented persons to settle in Hong Kong to enhance the city's economic competitiveness. Applicants are not required to have secured an offer of local employment before applying for entry or being admitted to Hong Kong for settlement under the Scheme. Accordingly, the trend is continuing as high-profile figures continue to join the city's registry. More than 100 active and retired international athletes have relocated to Hong Kong under these programs in recent years, and officials continue to process applications from prominent global sports icons.

A number of sports events in Hong Kong have been given an “M” (for Mega) ranking by the Major Sports Events Committee for their ability to draw in large international followers, thus adding to the city’s tourism coffers. The ranking is for world-level events and goes with dollar-for-dollar matching grants from the government with funding based entirely on the event’s quality, media coverage and economic tourism potential.

Events which have received the “M” rating, and thus government financial support, includes the ATP and WTA tennis tournaments, rapid and blitz chess championships, international dragon boat races, volleyball nations league, the international invitation horse racing event, fencing world championships and, of course, the famed Rugby Sevens, Rugby Sevens which last year generated some HK$780 million (US $100 million) to the city’s economy.

All “M” events are a magnet for drawing foreign visitors to Hong Kong. For example, the Rugby Sevens earlier this year drew in about 150,000 foreign visitors and rising Filipina tennis star Alex Eala, who has taken the US open by storm, filled the 15,000 seat Wimbledon Centre Court with her fans, many of whom are expected to follow her to Hong Kong for the Prudential WTA Open in November.

Hong Kong’s HK$30 billion Kai Tak Sports Park with its 50,000-seat stadium drew 2.4 million spectators in its first year of operation. The main stadium is built to serve as a multi-purpose mega-venue. Overcoming Hong Kong's unpredictable summer weather it is equipped with a retractable roof and advanced climate control, to host premier sports tournaments alongside massive pop concerts.

Hong Kong’s role in the Greater Bay Area (GBA) provides an ideal opportunity for greater interplay between the nine cities in Guangdong and the Special Economic Zones of Hong Kong and Macao. Prime examples would be the 15th National Games and historic cross-border marathons and cycling races, where athletes seamlessly travel across Guangdong, Hong Kong, and Macao. The lead for cross-border sport is being taken by the Hong Kong Jockey Club, which has made major proposals in our first Five Year Plan for Economic and Social Development, by transforming the GBA into an international equestrian and equine sports hub.

The club envisions a seamless multi-destination racing tourism circuit that links its world-class facilities in Sha Tin and Happy Valley with the Conghua Racecourse in Guangzhou. To further solidify this ecosystem, the proposals suggest expanding Hong Kong's successful disease-free zone management and biosecurity protocols to other regions in the mainland, such as Xinjiang.

Under this equine hub framework, the club also advocates establishing a World Organization for Animal Health collaboration center in Hong Kong and advancing institutional connectivity by expanding the mutual recognition of veterinary qualifications across the border.

Both the Outline Development Plan for the Guangdong Hong Kong-Macao Greater Bay Area and the Culture and Tourism Development Plan for the Guangdong-Hong Kong Macao Greater Bay Area gives a fresh impetus to the development of the tourism industry within the GBA. With the platform of the Tourism Federation of Cities in the GBA, the Tourism Commission has been actively fostering co-operation with the tourism authorities of the Macao Special Administrative Region and the nine Chinese Mainland cities in the GBA in developing more “multi-destination” tourism products.

As the consultation scope of the Five-Year Plan has been wide to incorporate most of Hong Kong’s society, tourism leaders including event organizers, travel agents, hotels and airlines have been promoting an integrated culture-sports-tourism synergy as a total package in fostering tourism to Hong Kong.

By working together as an industry and with our neighbors, Hong Kong becomes an even more attractive sports destination offering packages for foreign visitors to stay longer in this Pearl of the Orient.




Mark Pinkstone

** 博客文章文責自負,不代表本公司立場 **

As towers of glass, steel and concrete start forming the skyline of the Northern Metropolis, a swath of green the length of the development is being maintained to protect the wildlife inhabiting the area for more than a century.

The Northern Metropolis (NM) development is a futuristic university city, occupying one third of Hong Kong’s land mass along Shenzhen River boundary with the mainland. Catering for a new population of 2.5 million and offering 65, 000 jobs with additional transport links, the project is expected to reach it potential in 2036.

In addition to the residential development, the plan includes an extension of the existing logistics hub in the Hung Shui Kiu and Ha Tsuen areas. And two eco-tourism nodes will be established in the coastal areas of Tsim Bei Tsui and Pak Nai, featuring resorts, weekend markets, and camping sites. Authorities have expressed their intention to create a coastal protection park along the 10.7-km coastline.

However, it is being built on what was previously fish farms, agricultural land, marshes and mangroves – wetlands, a natural habitat for wildlife and an important foraging ground and habitat for migratory water birds.

The plan was launched as a proactive conservation policy in the Chief Executive’s annual policy address in 2021 and has gone through various consultation exercises involving surveyors, conservationists, property holders and the public.

The wetland conservation system is estimated to have a total area of about 2 000 hectares (ha). This includes the existing Hong Kong Wetland Park (HKWP) at Tin Shiu Wai (about 62 ha) plus an expansion of about 240 ha, the Mai Po Nature Reserve (about 370 ha), the proposed establishment of three Wetland Conservation Parks (WCPs) at Nam Sang Wai (about 400 ha), Sam Po Shue (about 520 ha) and Hoo Hok Wai (about 300 ha), as well as the establishment of Sha Ling/Nam Hang Nature Park (about 4 ha) and Tsim Bei Tsui/Lau Fau Shan/Pak Nai Coastal Protection Park (about 145 ha).

Indigenous to Hong Kong and southern China is the Eurasian Otter which has been documented in parts of the territory for more than a century with the earliest sighting records dating back to the 1890s. Today, the species is considered locally rare with a restricted distribution, occurring primarily around Mai Po Inner Deep Bay Ramsar Site, with occasional sightings in Lok Ma Chau, Hoo Hok Wai, and Hong Kong Wetland Park. (A Ramsar site is a wetland designated as being of international importance under the Ramsar Convention, a global treaty signed in 1971 in Ramsar, Iran, to protect and sustainably use wetlands).

Otters in Hong Kong. (Source: South China Morning Post)

Otters in Hong Kong. (Source: South China Morning Post)

Access control measures are in place in areas with otter occurrence, such as Mai Po Nature Reserve, the non-visitation area of the Wetland Reserve at HKWP and ecological mitigation wetlands created under development projects, to protect the sensitive habitats and minimize potential disturbance to the wetlands and their associated animals. Separately, under the planned Sam Po Shue Wetland Conservation Park (SPS WCP), enhanced freshwater wetland habitats and ecological passage will be established to allow wildlife, particularly the otters, to travel between the SPS WCP and adjacent wetlands. Additionally, the river channels within the SPS WCP will be enhanced to provide habitats for the otters, with the incorporation of habitat enhancement features such as otter platforms, artificial holts (otter burrows) etc. at appropriate locations in the park.

Reports from the Adelaide Zoo in Australia indicate that otters are not shy (unless threatened) and in fact become more playful in the presence of humans.

Lau Fau Shan oysters were once favored in Hong Kong until the mid-70s when they were subjected to contamination from heavy metals fed into the Shenzhen River further upstream from battery making factories. The loss-making industry is now virtually dead save for about 10 per cent of its former glory being maintained by villagers with purified water systems.

Conservation groups believe the introduction of eco-tourism in the area would help the villagers bring survival back to the industry.

Now, under the NM development plan, a dedicated Coastal Protection Park (CPP) is being established along the Deep Bay coastline, covering Tsim Bei Tsui, Lau Fau Shan, and Pak Nai.
The CPP, spanning about 10 km and covering about 145 ha, aims to protect critical habitats for horseshoe crabs, mangroves, and seagrass beds.

Conservation groups, including The Nature Conservancy, are also actively advocating for Pak Nai, near Lau Fa Shan, to be designated as a formal Marine Protected Area (MPA) to safeguard its status as a biodiversity hotspot.

The government is to be applauded for taking the initiative of blending the eco system in an intense high-rise technical urban sprawl. The government has launched public engagement exercises and invited Expressions of Interest (EOI) for eco-tourism nodes in these areas. The goal is to transform conservation value into economic vitality through guided tours and educational facilities without compromising ecological integrity.

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