MR. SHANGKONG | South China Morning Post
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MR. SHANGKONG

MR. SHANGKONG

George Chen is Managing Editor for SCMP.com International Edition. He muses about the interplay between the two financial centres, Shanghai and Hong Kong, in his Mr. Shangkong columns online and in print. George, a 2014 Yale World Fellow, is the author of two books about China and Hong Kong. Follow George on Twitter: @george_chen

No matter the trials of living in Hong Kong, dream big and do it

Hong Kong has been a business centre for Asia and the whole world for decades. Photo: Bloomberg

"It was the best of times, it was the worst of times …" That’s what Charles Dickens wrote about the French Revolution and some people say today’s Hong Kong is more or less in this kind of situation.

Monday, 2 December, 2013, 8:04am 4 comments

Landmark shift in 'one child' rule brings market bubbles

Landmark shift in 'one child' rule brings market bubbles

Last week, institutional and individual investors poured money into so-called "second child" concept stocks, which can be baby milk producers or even piano makers as long as they are more or less related to how to grow a child on the mainland in the short or long-term.

25 Nov 2013 - 8:16am

For many, having an extra child just brings on labour

The long-awaited changes to the mainland's controversial one-child policy did not surprise or please every parent in Shanghai when they were revealed last week. Why? Well, it comes down to those familiar issues of money and power.

18 Nov 2013 - 7:57am 1 comment

Try downloading some fresh thinking is Google's tip for Hong Kong

Eric Schmidt

Google's chairman Eric Schmidt is a truly busy man. But still I managed to grab him for a 30-minute interview during his recent visit to Hong Kong - a city he says he is a big fan of, though one he feels now faces more challenges than opportunities.

11 Nov 2013 - 5:17am 1 comment

Pay trends point to greener pastures across the border

Thee gap in average salary levels between the mainland and Hong Kong will come to an end - or even reverse. Photo: AFP

Every year at this time, many people will begin to think about the same thing - how big a pay rise can I expect for the coming year?

4 Nov 2013 - 3:08pm

Chong Hing sale sounds alarm bells for Hong Kong's small businesses

Chong Hing has been a witness of Hong Kong's ups and downs since it was founded in 1948.

The sale of Chong Hing Bank, one of the four remaining family-owned banks in Hong Kong, may be good news for its shareholders who can cash out at a high premium, but it is sad news to many Hongkongers when we try to find a way for the city's small businesses to prosper.

28 Oct 2013 - 7:53am 4 comments

Well-trained managers the SAFE way to manage assets

London Business School

The manager of the world's largest foreign exchange reserves appears to have finally come to a valuable conclusion - if you want to manage your assets well, you must first know how to manage your people.

21 Oct 2013 - 8:19am

Shanghai cooks up five-star goals, but the salt is missing

People often talk of how important "software" is for a truly international city after it has already established very good "hardware". They are just like two legs for a person: you can't walk well without either of the two.

14 Oct 2013 - 10:59am 6 comments

Will the dealmakers go to Shanghai's financial centre?

Photo: AFP

How can Shanghai get ready to be a financial centre by 2020? We've talked about world-class infrastructure, freedom of capital flows, and of course the rule of law. But are we missing a basic requirement - people?

7 Oct 2013 - 7:12am

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

Premier Li Keqiang. Photo: EPA

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.

30 Sep 2013 - 9:42am 5 comments

Cathay and Dragonair fail the test in crisis management

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

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'

The JP Morgan case attracted attention on the mainland where the public is already angry about corruption within the ruling party. Photo: Reuters

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

An antique shop on Hollywood Road. Photo: SCMP

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

Optimism among locals in Shanghai is palpable. Photo: Bloomberg

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