Qianhai economic zone chief says it won't compete with Hong Kong

Dozens of offices and support facilities will be built on this Qianhai site over the next few years.

The 15-square-kilometre site of the Qianhai special economic zone looks more like a construction site than a booming financial centre. But the top official in charge of the development says it will not only play a key role in liberalising the yuan but also help Hong Kong keep its status as a world-leading financial centre - a status many fear is threatened by Shanghai's ambitious rise.

Friday, 6 September, 2013, 8:07am

Shenzhen residents annoyed by bright lights at Hong Kong border crossing

A section of the boundary fence separating Shenzhen and Hong Kong (right). Photo: SCMP

Scores of Shenzhen households have been complaining about very intense light coming from the Hong Kong side of the Shenzhen River for weeks, a report published in the Guangzhou-based Southern Metropolis Daily said on Thursday.

6 Jun 2013 - 6:05pm 1 comment

Hongkongers looking for a better lifestyle flock to Shenzhen

This new residential complex in Dongguan is nicknamed 'Little Hong Kong' because of its many Hong Kong residents. Photo: SCMP

As friction continues between sections of Hong Kong's indigenous population - if there is such a thing - and the mainlanders they see as taking over their patch, there's another, less well-known migratory pattern taking place. It's in the opposite direction in search of what you might call "perfect otherness".

3 Jun 2013 - 10:22am 4 comments

Shenzhen SME share market starts with 1,200 firms

Citic Securities is the largest shareholder in the Qianhai exchange, with a 27 per cent stake.

The mainland launched its biggest over-the-counter equity trading platform in Shenzhen this week.

The Qianhai Equity Exchange is aimed at increasing access to finance for small and medium-sized enterprises and offers much looser listing requirements than the main stock exchanges.

1 Jun 2013 - 4:19am

Five killed as huge sinkhole engulfs workers in Shenzhen

Rescuers prepare to move a dead body found in a sinkhole on a road in Shenzhen, south China's Guangdong province, on Tuesday. Photo: AFP

Five people were killed when a 10-metre-wide sinkhole opened up at the gates of an industrial estate and swallowed factory workers in Shenzhen, local authorities said on Tuesday.

22 May 2013 - 12:19am

Shenzhen three-year plan just a veneer, observers say

The Qianhai experimental zone will be a self-contained city of 800,000 residents. Photo: Edward Wong

Shenzhen's three-year development plan, revealed on Thursday, would not touch the core interests of its officials or bring about bold reforms, observers said yesterday.

11 May 2013 - 4:59am 1 comment

Shenzhen unveils three-year plan to deepen reform

The Qianhai development zone in Shenzhen. Photo: Edward Wong

Shenzhen yesterday unveiled a three-year plan to deepen reform, with development of the Qianhai -Shenzhen-Hong Kong co-operation zone at the top of the agenda, Shenzhen Television reported.

The city's top leadership said reform and innovation would be their focus this year.

10 May 2013 - 4:24am

More fast-fashion chains move into Shenzhen shopping centres

Luxury shopping malls in Shenzhen provide environments just as attractive as those in Hong Kong for the mainland wealthy. Photo: AFP

The flow of shoppers from Shenzhen to Hong Kong is slowing as more international fast-fashion chains open for business in the border city.

17 Apr 2013 - 5:31am

Hong Kong concrete test result shocks Jiayu Garden flat owners

Jiayu Garden flat owners protest about the safety of their homes

Flat owners of Shenzhen's Jiayu Garden, who suspect that the developer had used cheap sea sand in the concrete, are shocked to learn that a sample from their block barely passed Hong Kong's standard for chloride ions.

11 Apr 2013 - 5:44am 1 comment

Shenzhen residents mourn man swallowed by massive sink hole

Residents mourns for the guard, Yang Jiabin, who was swalloed by a massive sink hole on Tuesday night. Photo: Weibo/Zhang Hongxi

Candles were lit and wreaths laid on Wedneday night by residents in a Shenzhen residential compound for a 25-year old security guard who died after being swallowed by a massive sink hole, which opened up under his feet on Tuesday evening.

28 Mar 2013 - 10:59am

Man dies in Shenzhen after being swallowed by massive hole - video

The sink hole seen moments after the collapse. (Photo: SCMP pictures)

One man died when a massive sink hole opened up under his feet at a Shenzhen residential compound on Tuesday evening, the Southern Metropolis Daily reported.

The sink hole that swallowed 25-year old security guard Yang Jiabin measured five metres in diameter and was some four floors deep.

27 Mar 2013 - 4:12pm

Flat owners reject official test results on suspected substandard concrete

Flat owners demonstrate in Shenzhen. Photo: He Huifeng

The Shenzhen Housing and Construction Bureau released a statement on its official website yesterday saying six major property projects in the city, including Jiayu Garden and Ping An International Financial Centre, which at 660 metres will be the city's tallest building when completed, were safe and met national standards for concrete.

24 Mar 2013 - 5:57am

Shenzhen man's groveling public apology after he forgets to attend his own wedding

A picture of the apology went viral on Weibo. Photo: SCMP/Weibo

A Shenzhen man was so pre-occupied with work that he missed his own wedding.  Realising his mistake, he posted an apology in a newspaper asking this fiancee to forgive him.

22 Mar 2013 - 4:03pm

New hospital in Shenzhen fails to impress Cepa critics

Dr Dennis Lam with his children Alyssa and Brian in an operation room at his eye hospital in Shenzhen. Photo: Edward Wong

Critics of Hong Kong's free-trade deal with the mainland maintained their reservations about the scheme as the first wholly Hong Kong-owned hospital in Shenzhen opened yesterday. Business and medical leaders said the complicated procedures and high risk under the Closer Economic Partnership Arrangement (Cepa) signed a decade ago had put off potential investors.

22 Mar 2013 - 5:15am

Shenzhen to blacklist builders using untreated sea sand

Owners protest at the use of untreated sea sand in building projects. Photo: SCMP

The Shenzhen government has warned it will blacklist companies that use untreated sea sand in construction projects after a national television exposé triggered widespread concern about building safety.

21 Mar 2013 - 5:12am