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After border reopening, Hong Kong Exchange Fund gains US$12.5 billion.
With surging stock markets following the reopening of the city's border with mainland China, Hong Kong's Exchange Fund, the war chest...
May 8, 20233 min read


Could hydrogen be the solution to China's energy security issues?
As China's energy revolution accelerates with the rise of renewable energy sources such as wind and solar, officials face the difficulty...
May 5, 20234 min read


HSBC hikes prime rate after fresh policy tightening
Following a new round of policy tightening, HSBC raised its key lending rate in Hong Kong, a move that is likely to be replicated by...
May 4, 20235 min read


Hong Kong has an edge over Singapore as the leading business hub, study shows
A study of the long-standing competitors Hong Kong and Singapore as commercial hubs gives Hong Kong the overall advantage due to its...
May 3, 20232 min read


Chinese fund managers lack confidence and worry about policy tightening as onshore stocks decline
Chinese stocks have lost US$443 billion this month, alarming international firms looking to invest in recession-proof markets. Concerns...
Apr 27, 20232 min read


Changshu, a Chinese city, intends to use digital yuan to pay employees.
According to local media, a city in eastern China intends to pay its public sector personnel only with digital currency. According to the...
Apr 25, 20232 min read


China's largest fund manager ups its tech investments from Meituan to TSMC due to AI growth
The largest fund manager in China increased his purchases of technology stocks in the first quarter, from Meituan to Taiwan Semiconductor...
Apr 21, 20232 min read


In response to US trade sanctions, Huawei switches to the self-developed MetaERP system
Huawei Technologies Co., a leader in Chinese telecoms equipment, announced that it has converted to its own enterprise resource planning...
Apr 20, 20233 min read


ZA Bank in Hong Kong provides crypto conversions and accounts in the city's push
The largest virtual bank in Hong Kong is pushing into fiat and crypto currency transfers and will offer account services to the city's...
Apr 12, 20232 min read


Analysts predict that China's real estate market would rebound slowly and unevenly
The housing market in China appears to be turning around, but analysts predict that the rebound will be uneven and slow due to income...
Apr 10, 20232 min read


Mainland China in retaliation for Tsai Ing-wen's visit - penalties on US and Taiwanese entities
Mainland Sanctions have been imposed by China in retaliation against two US organizations and their senior executives who received...
Apr 7, 20232 min read


India-made iPhone sales increase as Apple shifts production out of China.
In order to diversify its supply chain, Apple sought to move some production away from China last year, which resulted in a jump in...
Apr 6, 20232 min read


To reach net-zero, Chinese enterprises must increase supply chain emissions disclosures
According to asset managers, Chinese companies must increase their disclosure of carbon emissions, particularly along their value and...
Apr 5, 20233 min read


Several creditors support Evergrande's plan to restructure its US$19 billion offshore debt.
According to a filing on Monday evening, debt-stricken Chinese real estate developer Evergrande declared that it had hit "a...
Apr 4, 20232 min read


China's Micron inquiry boosts domestic chip makers as investors bet on state support
Chinese chip stocks rose after China opened an investigation into US chipmaker Micron, as investors believed the country's effort to...
Apr 3, 20232 min read


Tencent and Kweichow Moutai among top Chinese fund managers stock choices after the market reopening
As the end of Covid-19 restrictions promised to revive household spending and sell-offs last year made equities more appealing, China's...
Mar 31, 20232 min read


Amidst the global economic recovery, Premier Li Qiang presents China as the centre of growth
Chinese Premier Li Qiang promised new measures to re-connect the country's recovering economy with the rest of the world on Thursday...
Mar 30, 20233 min read


Alibaba to divide the largest tech company in China into six units
The largest technology company in China, Alibaba Group Holding, will reorganize its expansive $257 billion empire as part of the largest...
Mar 29, 20233 min read


OKX will apply for a virtual asset licence in Hong Kong as the city revises its regulations
OKX, a cryptocurrency exchange, announced plans to apply for a virtual assets trading licence in Hong Kong, the latest indication of the...
Mar 29, 20232 min read


Ex-Binance chief compliance officer accused of helping CFTC rule violations
The Commodities Futures Trading Commission (CFTC) sued Binance and its founder with illegally running an exchange for digital assets....
Mar 28, 20232 min read
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