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South China Morning Post

Hong Kong halts residential, commercial plot sales in last quarter amid poor response, weak sentiment

by Anas Siddiqui
Hong Kong halts residential, commercial plot sales in last quarter amid poor response, weak sentiment

Hong Kong’s government has surprised the market by announcing that it will not put any residential or commercial sites up for sale through tender in the last quarter of this …

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China’s LGFVs must repay a record US$651 billion of bonds in 2024

by Anas Siddiqui
China’s LGFVs must repay a record US1 billion of bonds in 2024

China’s local government financing vehicles (LGFV) need to pay back a record amount of maturing local bonds this year, testing the limits of a central government program to help them …

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Cash-starved Chinese property group Dalian Wanda sells Shanghai luxury hotel to Indonesian billionaire

by Anas Siddiqui
Cash-starved Chinese property group Dalian Wanda sells Shanghai luxury hotel to Indonesian billionaire

The cash-strapped Dalian Wanda Group, a major Chinese conglomerate and the country’s largest shopping mall operator, has sold its luxury hotel in Shanghai to Indonesian pulp and paper billionaire Sukanto …

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China’s largest bubble tea makers Mixue and Guming apply for Hong Kong IPO

by Anas Siddiqui
China’s largest bubble tea makers Mixue and Guming apply for Hong Kong IPO

China’s leading bubble tea makers including Mixue Bingcheng and Guming are rushing to apply for first-time share sales in Hong Kong as companies in the fast-growing sector expand aggressively amid …

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Why remote skilled workers around the world can solve global talent shortage problem

by Anas Siddiqui
Why remote skilled workers around the world can solve global talent shortage problem

This report comes after almost three-quarters of Hong Kong’s employers – 74 per cent – said in April that they were struggling with talent shortages, with 61 per cent having …

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HK Phil brings its 1974 inaugural programme back to the stage in celebration of 50th anniversary season

by Haddis Thomas
HK Phil brings its 1974 inaugural programme back to the stage in celebration of 50th anniversary season

“The HK Phil’s journey from an amateur orchestra to one of the best orchestras in Asia is a good journey. This is also a journey of my life. After all, …

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From Olympic glory to entrepreneurial success

by Anas Siddiqui
From Olympic glory to entrepreneurial success

“As an entrepreneur, having dreams, a forward-looking mindset, and the courage to take responsibility are essential. We must also be determined to pursue our dreams and invest in them,” he …

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HSBC takes on Revolut, Wise with new forex app for non-customers

by Anas Siddiqui
HSBC takes on Revolut, Wise with new forex app for non-customers

HSBC Holdings is set to debut an international payments app aimed at directly challenging the dominance of fintechs like Revolut and Wise that have gathered tens of millions of retail …

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Ballot power: 2024 elections could steer global relations for years to come

by Walter Watson
Ballot power: 2024 elections could steer global relations for years to come

Microsoft co-founder Bill Gates in an open letter on his website in December noted that while all levels of government are on the ballot and every year’s elections are important, …

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Philippines’ iconic jeepneys face final stop as drivers strike against ‘ill-thought out’ Jan 1 phase-out deadline

by Walter Watson
Philippines’ iconic jeepneys face final stop as drivers strike against ‘ill-thought out’ Jan 1 phase-out deadline

When the programme goes into effect on Monday, all traditional jeepneys that are at least 15 years old will lose their government-issued franchises and will no longer be able to …

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