• Tue
  • Oct 21, 2014
  • Updated: 2:32pm

Mr. Shangkong

Shanghai-born and Hong Kong-based George Chen is the financial editor at the South China Morning Post. He muses about the interplay between the two financial centres in Mr. Shangkong columns every Monday in print and online. George is on Twitter: @george_chen

Where was Li Keqiang at the opening ceremony of Shanghai free-trade zone?

Yesterday, the Shanghai free-trade zone was officially launched. To the disappointment of some, the highest-ranking official from Beijing at the ceremony in the new zone was Commerce Minister Gao Hucheng.

Monday, 30 September, 2013, 9:42am 5 comments

Cathay and Dragonair fail the test in crisis management

A good airline is definitely not only about new planes and beautiful airport lounges, but also about customer service, in particular in difficult times.

24 Sep 2013 - 12:47am 21 comments

Li warning heats up Hong Kong-Shanghai debate

Hong Kong dealmaker par excellence Li Ka-shing, fondly known to locals as Superman, says Shanghai's free-trade zone could be Kryptonite to the city in which he built his fortune.

19 Sep 2013 - 8:07am 2 comments

Chinese firms in Hong Kong may be new paradises for 'princelings'

It's a season of change in Hong Kong. Change what? Quietly changing jobs for some important people. The US government announced last month that it would investigate JP Morgan's Hong Kong hiring practices relating to job offers for children of some important people on the mainland, and as a result, several such "important kids" working for other foreign banks are now seriously considering new jobs.

16 Sep 2013 - 7:20am 2 comments

Luxury brands and high rents threaten old Hong Kong's character

I live on Hollywood Road, which has been known as "antique street" for many years, thanks to all the antique and artwork shops scattered around the area. However, I am not sure if the street will keep its unique character in the years to come.

9 Sep 2013 - 6:56am 3 comments

Hope highlights the divide between Hong Kong and Shanghai

People always like to compare Hong Kong and Shanghai, partly due to the interplay between the two cities since the 1940s, when many wealthy Shanghai families relocated to Hong Kong.

2 Sep 2013 - 7:36am 2 comments

Why the children of many important people are in Hong Kong

The sons and daughters and even the grandsons and granddaughters of those who are or used to be in very powerful positions in China have recently grabbed public attention again, thanks to some so-called breaking news which isn't really "breaking" at all.

26 Aug 2013 - 6:47am 10 comments

Hong Kong's prospects bright even with competition from Shanghai

If you have read this column every Monday over the past year, I guess you would feel that we have talked quite a lot about the historic and present-day interplay of Shanghai and Hong Kong. That's exactly why the column is called "Mr. Shangkong".

19 Aug 2013 - 8:13am 3 comments

Now Hong Kong becomes the place to put a few assets in the trolley

Hong Kong has long been known as a shopping paradise, in particular among fashion-conscious women. But lately it's more than just fashion that is on offer, as a growing number of billion-dollar family businesses have been put up for sale.

12 Aug 2013 - 12:29pm 1 comment

Hong Kong need not fret too much, for now, about northern pretender

When Beijing announced last month its landmark plan to create a Hong Kong-like free-trade zone in Shanghai, many people, including myself, naturally felt Hong Kong's position as one of the world's leading financial centres could be further weakened.

5 Aug 2013 - 7:50am 5 comments

Connections trump everything in world of private equity in China

Private equity doesn't have a long history in China, but it has grabbed attention over the past few years, partly because of the individuals standing behind the businesses. In other words, people are key in China. I mean, well, those special people.

29 Jul 2013 - 7:45am 1 comment

Hotlines spring up for China VIPs to buy luxury goods amid anti-graft drive

I was back in Shanghai for a quick trip recently and dropped by several big shopping centres on Nanjing Road, one of the mainland's busiest streets. Ironically, these shopping centres - and, in particular, the big luxury brand shops inside - didn't look busy at all. They were almost empty.

22 Jul 2013 - 7:25am 2 comments

Shanghai is shop window showcase for Likonomics

Shanghai, once dubbed "the Paris of the Orient", has had its share of ups and downs. In recent years, its status, within China and beyond, has been unsteady, in particular after a former top official in the city was jailed.

6 Sep 2013 - 8:03am

Shanghai's free-trade zone puts Hong Kong's future in the spotlight

Will the new Shanghai free-trade zone be a game changer? This question popped up in my mind when I read the breaking news on Wednesday evening about Beijing’s landmark approval to set up a free-trade zone in Shanghai.

6 Sep 2013 - 8:06am 24 comments

Qianhai and Hong Kong: like Canary Wharf and the City of London?

First, Shanghai. And now, Qianhai! Which other cities are waiting to join the competition with Hong Kong? Last week, I went to Qianhai, the small but important development zone in Shenzhen, for an interview with Zhang Bei, Qianhai's top boss.

6 Sep 2013 - 10:37am 1 comment