Mainland China

Mainlanders use ‘free money’ from Hong Kong banks to earn higher returns at home

When tax bills arrive from the Inland Revenue each year, Hong Kong banks aggressively market loans to customers. Photo: Garrige Ho

Mainland Chinese working in Hong Kong have found a way to use “free money” from local banks to invest in profitable financial products across the border.

Thursday, 27 February, 2014, 12:42am 7 comments

Beijing cuts through with action on financial reforms

Mainland leaders are walking the walk on reform. Photo: Bloomberg

The State Council meeting chaired by Premier Li Keqiang on Monday outlined the specifics of Beijing's goals by laying down that clear timetables have to be set for reforms, in a move that analysts say should bode well for investors in the long run.

8 May 2013 - 5:58am

China tightens rules for local government debt sales

China tightens rules for local government debt sales

The financing companies, set up by local governments to fund projects, would undergo extra scrutiny if their debt-asset ratio exceeded 65 per cent and the debt to be issued was rated below AA-plus, sources said, citing a notice from the National Development and Reform Commission earlier this month.

8 May 2013 - 5:41am

SMEs power new wave of European investment in China

Illustration: Lau Ka-kuen

"We are looking for losers." So went the slogan for a campaign launched by Dutchman Oscar Venhuis and his French partner to promote their new online marketing firm Weblaa late last year.

13 Aug 2013 - 3:54pm 1 comment

Strict checks fail to deter IPOs

According to the China Securities Regulatory Commission, 124 IPO applicants had terminated their share-sale plans as of Friday. Photo: AP

An attempt by China's securities regulator to slow the so-called quake lake of listing applications on the mainland may turn out to have been a botched strategy, with fewer than expected companies voluntarily withdrawing their listing plans during the enforced re-examination campaign.

2 Apr 2013 - 4:11am

Mainland China medical firms to check pulse of market appetite

Two mainland medical firms, Triplex Biosciences and Chongqing Medicines, are seeking to list on the Hong Kong stock market. Photo: EPA

Two mainland medical firms are seeking to list on the Hong Kong stock market, as the nation embarks on a reform of its troubled public health-care system.

18 Mar 2013 - 7:42am

Jockey Club targets growth of mainland China elite membership

Brian Stevenson says the club expects its mainland membership to grow. Photo: Nora Tam

The 128-year-old club, which has 23,000 members in Hong Kong, has traditionally been regarded as an elite club for business heavyweights in the city, who use the clubhouse facilities in Happy Valley, Sha Tin, and Beas River, for watching horse racing as well as for dining, and meeting with business friends or arranging corporate entertainment activities.

4 Mar 2013 - 4:40am

Taiwan elite see red over growing popularity of 'inland' term

Lung Ying-tai

The growing use among Taiwanese of the term "inland", or neidi, to refer to the mainland has irritated the island's authorities, who say it suggests a diminished standing for Taiwan.

9 Jan 2013 - 6:10am 1 comment

Will James Bond bow to Beijing's censorship?

Daniel Craig, star of Skyfall, which is expected to entrance viewers and enrage Beijing. Photo: AFP

Will James Bond decide that discretion is the better part of valour and kowtow to the Chinese government to avoid endangering Skyfall’s potentially huge box office in the Communist nation?

12 Nov 2012 - 11:14pm 6 comments

Frank Hsieh of Taiwan's opposition DPP announces mainland China visit

Taiwan's former premier Frank Hsieh Chang-ting. Photo: AFP

Taiwan's former premier Frank Hsieh Chang-ting yesterday announced a planned trip that would make him the most senior politician from the island's Beijing-sceptic opposition party to visit the mainland.

2 Oct 2012 - 5:13am

Should Hong Kong now curb the number of mainland Chinese visitors it lets in?

Anger continues to increase among Hong Kong people towards the rising number of mainland visitors coming to the city each day. The latest crackdown on parallel trading has fuelled further resentment towards mainlanders.

30 Sep 2012 - 8:03am 6 comments

Anger at mainland visitors escalates with 'locust' ad

A row between Hongkongers and mainlanders is reaching boiling point after internet users raised more than HK$100,000 in less than a week to finance a full-page 'anti-locust' advertisement in a Chinese-language newspaper in the city.

Critics, urging the government to uphold Hong Kong's values or face a social crisis, warn hostility towards mainlanders will only worsen.

1 Feb 2012 - 12:00am

Its own worst enemy

'We have to have tougher standards on what they import into this country,' declared US presidential candidate Senator Hillary Rodham Clinton at a recent pre-election debate hosted by American trade unions. 'I do not want to eat bad food from China or have my children having toys that are going to get them sick.

4 Sep 2007 - 12:00am

Brain drain with a silver lining

A brain drain was much talked about in Hong Kong in the 1990s. Our best and brightest worried that life after reconnection with the motherland on July 1, 1997, might not be all that rosy. So they decamped in droves to new pastures, sparking fears among officialdom that with them would go our competitive edge.

16 Feb 2007 - 12:00am

The world's most peaceful trouble spot?

North Korea's latest nuclear brinkmanship and the extreme volatility it generates in that corner of Asia underscore the relatively good prospects for rapprochement between mainland China and Taiwan. Contrary to the prevailing opinion on the improbability of Beijing and Taipei coming together consensually, I take a longer-term perspective.

22 Feb 2005 - 12:00am