The typhoon shelter of Causeway Bay and the Tin Hau Temple reveal that the area was a fishing village.

The names of Yee Wo Street, Jardine's Bazaar and Jardine's Crescent reveal that the land in this area was sold by the British colonial government to Jardines in the early 19th century. The area was therefore named East Point, after a pointed place on the coastline, east from the center of Victoria City.

Causeway Bay or East Point is one of Hong Kong's major shopping district. It includes the 13-story Japanese department store Sogo (open 10:00 to 22:00 every day) and Times Square, an indoor shopping complex. Sogo Hong Kong was sold to local businessmen when the Japanese Sogo went bankrupt. Causeway Bay is one of the most crowded areas in Hong Kong since it contains many trendy shops carrying both locally made fashion and products from Japan. As such, it is a popular social spot for young people. Many shops are open until well after midnight.

Prominent hotels in Causeway Bay include The Excelsior, Regal Hongkong, Best Western Rosedale and the modern Metropark Hotel.

Causeway Bay is named after a former causeway at the present-day Causeway Road. Kellett Island off the coast of Causeway Bay has disappeared and connected as a result of land reclamation. It is the home of the Royal Hong Kong Yacht Club, a prestigious sports club for sailing and rowing, and one of the few local institutions which kept its "Royal" name after Hong Kong's handover to the People's Republic of China in 1997.

For years, Jardine Matheson has fired a cannon shot at noon every day in Causeway Bay, by Victoria Harbour, slightly eastward of the former Kellett Island. The gunshots have served as time signals for many generations of old inhabitants of Hong Kong. This tradition still continues today. This is the "Noon-day Gun" mentioned in the Noel Coward song "Mad Dogs and Englishmen".