Enoch Yiu

Hong Kong

Enoch Yiu

Chief Reporter, Business

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is the author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.

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Latest from Enoch Yiu

Hong Kong’s ESG bond issuance quadruples to almost US$35 billion as city takes shape as Asia’s hub for green finance

ESG-related debt, also called sustainable bonds, are fixed-income financial products that raise capital for the purpose of financing projects that have environmental or social benefits.

ESG-related debt, also called sustainable bonds, are fixed-income financial products that raise capital for the purpose of financing projects that have environmental or social benefits.

Hong Kong’s ESG bond issuance quadruples to almost US$35 billion as city takes shape as Asia’s hub for green finance
6 Dec 2021 - 6:05PM
Hong Kong digital insurers such as OneDegree, Bowtie Life expand offering to tap tech-savvy clients, but yet to challenge traditional firms

Currently, five such digital players – four were issued licences by the Insurance Authority over the past two years and one, Blue, turned into a digital insurer from a traditional firm in 2018 – must compete in Hong Kong’s crowded market with 160 tradition insurance companies.

Currently, five such digital players – four were issued licences by the Insurance Authority over the past two years and one, Blue, turned into a digital insurer from a traditional firm in 2018 – must compete in Hong Kong’s crowded market with 160 tradition insurance companies.

Hong Kong digital insurers such as OneDegree, Bowtie Life expand offering to tap tech-savvy clients, but yet to challenge traditional firms
5 Dec 2021 - 1:40PM
Didi’s exit from New York tests Hong Kong’s mettle as the listing sanctuary for Chinese stocks

A Hong Kong listing by Didi Chuxing will test bourse operator Hong Kong Exchanges and Clearing’s readiness to consider Chinese firms facing regulatory action in mainland China.

A Hong Kong listing by Didi Chuxing will test bourse operator Hong Kong Exchanges and Clearing’s readiness to consider Chinese firms facing regulatory action in mainland China.

Didi’s exit from New York tests Hong Kong’s mettle as the listing sanctuary for Chinese stocks
4 Dec 2021 - 12:48PM
Hong Kong treasury secretary Christopher Hui, audit regulator deny claims of non-cooperation made by SEC’s Gary Gensler

Hong Kong’s top treasury official and audit regulator have hit back against claims by the US Securities and Exchange Commission that the city along with China does not cooperate with regulators in the US.

Hong Kong’s top treasury official and audit regulator have hit back against claims by the US Securities and Exchange Commission that the city along with China does not cooperate with regulators in the US.

Hong Kong treasury secretary Christopher Hui, audit regulator deny claims of non-cooperation made by SEC’s Gary Gensler
3 Dec 2021 - 10:47PM
Former HKEX executive and consultant acquitted of corruption charges

A former HKEX executive and a consultant were acquitted of corruption charges, dealing a blow to the regulator’s attempt to crack down on white-collar malfeasance in the world’s fourth-largest capital market.

A former HKEX executive and a consultant were acquitted of corruption charges, dealing a blow to the regulator’s attempt to crack down on white-collar malfeasance in the world’s fourth-largest capital market.

Former HKEX executive and consultant acquitted of corruption charges
3 Dec 2021 - 5:46PM
Singapore’s Grab soars 18.6 per cent on Nasdaq debut following SPAC merger

With its debut on the Nasdaq on Thursday, Grab Holdings becomes the biggest listing by a Southeast Asian technology company and the largest transaction by a SPAC to date.

With its debut on the Nasdaq on Thursday, Grab Holdings becomes the biggest listing by a Southeast Asian technology company and the largest transaction by a SPAC to date.

Singapore’s Grab soars 18.6 per cent on Nasdaq debut following SPAC merger
3 Dec 2021 - 1:10AM
Chinese securities regulator in discussions over VIEs with Hong Kong watchdog, financial firms

As part of the discussions – described as a series of soft consultations – the China Securities Regulatory Commission has over the past few months met the city’s Securities and Futures Commission as well as leading investment bankers, accountants and lawyers on VIEs, sources said.

As part of the discussions – described as a series of soft consultations – the China Securities Regulatory Commission has over the past few months met the city’s Securities and Futures Commission as well as leading investment bankers, accountants and lawyers on VIEs, sources said.

Chinese securities regulator in discussions over VIEs with Hong Kong watchdog, financial firms
2 Dec 2021 - 8:00PM
Kaisa loses control of Nam Tai’s board in epic revolt led by activist shareholder IsZo, adding to the indebted developer’s woes

The vote ended IsZo’s revolt since May 2020 to oust Kaisa over claims of fiduciary mismanagement and business strategies that hurt shareholders’ interest.

The vote ended IsZo’s revolt since May 2020 to oust Kaisa over claims of fiduciary mismanagement and business strategies that hurt shareholders’ interest.

Kaisa loses control of Nam Tai’s board in epic revolt led by activist shareholder IsZo, adding to the indebted developer’s woes
1 Dec 2021 - 4:58PM
Macau casino stocks lose almost US$5 billion in sell-off as China’s gambling crackdown snares junket boss

Macau casino stocks tumbled in Hong Kong after police arrested the head of biggest junket operator in the former Portuguese colony, sparking fears that regulatory crackdown will escalate in the coming months.

Macau casino stocks tumbled in Hong Kong after police arrested the head of biggest junket operator in the former Portuguese colony, sparking fears that regulatory crackdown will escalate in the coming months.

Macau casino stocks lose almost US$5 billion in sell-off as China’s gambling crackdown snares junket boss
29 Nov 2021 - 4:54PM
Beijing looks into setting up digital asset exchange to push the e-yuan

China’s cabinet is exploring setting up a digital asset exchange as the government lays out the next step to complement its pilot of the digital yuan.

China’s cabinet is exploring setting up a digital asset exchange as the government lays out the next step to complement its pilot of the digital yuan.

Beijing looks into setting up digital asset exchange to push the e-yuan
26 Nov 2021 - 6:30PM
Hong Kong’s status as a global financial centre can withstand city’s quarantine rules, SFC chief says

The head of Hong Kong’s securities regulator, who is undergoing compulsory quarantine, believes the city’s zero-Covid approach, will not affect its status as a finance centre

The head of Hong Kong’s securities regulator, who is undergoing compulsory quarantine, believes the city’s zero-Covid approach, will not affect its status as a finance centre

Hong Kong’s status as a global financial centre can withstand city’s quarantine rules, SFC chief says
25 Nov 2021 - 9:42PM
Evergrande Auto shares take a dip as investors doubt latest US$347 million share sales is enough to get Hengchi EVs on the road

Some investors doubt whether the company’s frequent fundraising efforts are enough to help the heavily indebted developer reorientate its future growth towards smart cars, according to analysts.

Some investors doubt whether the company’s frequent fundraising efforts are enough to help the heavily indebted developer reorientate its future growth towards smart cars, according to analysts.

Evergrande Auto shares take a dip as investors doubt latest US$347 million share sales is enough to get Hengchi EVs on the road
22 Nov 2021 - 11:20PM
Hong Kong pension scheme going digital will save members US$5 billion in fees over 10 years

The switch to a digital platform will save the 4.5 million Mandatory Provident Fund members as much as US$5.14 billion over 10 years, MPFA’s Lau says.

The switch to a digital platform will save the 4.5 million Mandatory Provident Fund members as much as US$5.14 billion over 10 years, MPFA’s Lau says.

Hong Kong pension scheme going digital will save members US$5 billion in fees over 10 years
22 Nov 2021 - 9:30AM
Hong Kong’s audit watchdog to start announcing investigations of ‘high public interest’, chairman says

The Financial Reporting Council previously only announced the results of its investigations, but has in recent months made the public aware that it was initiating probes into the financial reports and auditors of companies such as China Evergrande Group, Next Digital and Convoy Global Holdings.

The Financial Reporting Council previously only announced the results of its investigations, but has in recent months made the public aware that it was initiating probes into the financial reports and auditors of companies such as China Evergrande Group, Next Digital and Convoy Global Holdings.

Hong Kong’s audit watchdog to start announcing investigations of ‘high public interest’, chairman says
21 Nov 2021 - 10:00AM
Hong Kong homebuyers snap up flats at new Kennedy Town project on strength of location, well-known developers

Sun Hung Kai Properties sold 100 of the first batch of 130 small units on offer at Kennedy 38, a joint venture with Henderson Land and Wheelock Properties.

Sun Hung Kai Properties sold 100 of the first batch of 130 small units on offer at Kennedy 38, a joint venture with Henderson Land and Wheelock Properties.

Hong Kong homebuyers snap up flats at new Kennedy Town project on strength of location, well-known developers
20 Nov 2021 - 6:29PM
SenseTime gets green light from Hong Kong exchange to proceed with US$2 billion IPO, sources say

A launch of the deal before year-end would put SenseTime in potential competition with another mega-sized issuer, China Tourism Group Duty Free, for investors’ capital.

A launch of the deal before year-end would put SenseTime in potential competition with another mega-sized issuer, China Tourism Group Duty Free, for investors’ capital.

SenseTime gets green light from Hong Kong exchange to proceed with US$2 billion IPO, sources say
19 Nov 2021 - 9:51PM
JD.com, NetEase added to Hang Seng Index as China Evergrande removed from the China Enterprise Index

The Hang Seng Index will broaden its coverage to 64 firms starting December 6, although it is still unlikely to meet its goal of reaching 80 constituent stocks by mid-2022.

The Hang Seng Index will broaden its coverage to 64 firms starting December 6, although it is still unlikely to meet its goal of reaching 80 constituent stocks by mid-2022.

JD.com, NetEase added to Hang Seng Index as China Evergrande removed from the China Enterprise Index
19 Nov 2021 - 10:02PM
Hong Kong charges ex-legislator Chim Pui-chung, his son for fraud and a businesswoman for money laundering

The retired legislator Chim Pui-chung and his son Ricky were charged with conspiring to commit fraud between 2013 and 2015. A businesswoman linked to the case was also charged for money laundering, ICAC said.

The retired legislator Chim Pui-chung and his son Ricky were charged with conspiring to commit fraud between 2013 and 2015. A businesswoman linked to the case was also charged for money laundering, ICAC said.

Hong Kong charges ex-legislator Chim Pui-chung, his son for fraud and a businesswoman for money laundering
20 Nov 2021 - 10:39AM
Hong Kong-listed firms could take 140 years to reach gender parity on boards at current rate, study finds

The study by the Asian Corp Governance Association found that last year women constituted only 12.7 per cent of the boards of directors of the top 100 companies by market value in Hong Kong tracked by MSCI. Their numbers had risen, but progress was slow.

The study by the Asian Corp Governance Association found that last year women constituted only 12.7 per cent of the boards of directors of the top 100 companies by market value in Hong Kong tracked by MSCI. Their numbers had risen, but progress was slow.

Hong Kong-listed firms could take 140 years to reach gender parity on boards at current rate, study finds
18 Nov 2021 - 8:56PM
Asia-Pacific families grow wealth faster on back of riskier assets like cryptocurrencies, report says

Family offices in Asia-Pacific grew wealth faster than global peers this year, showing a greater willingness to invest in riskier assets and new asset classes such as cryptocurrencies.

Family offices in Asia-Pacific grew wealth faster than global peers this year, showing a greater willingness to invest in riskier assets and new asset classes such as cryptocurrencies.

Asia-Pacific families grow wealth faster on back of riskier assets like cryptocurrencies, report says
17 Nov 2021 - 5:30PM
Pernod Ricard is poised to roll out the first Chinese single malt in its US$150 million bet to convert nation’s baijiu drinkers to whisky

Pernod Ricard, the world’s second-largest wine and spirits producer that owns Chivas Regal, Royal Salute and Martell congac, will start selling its first Chinese made single malt whisky in the mainland in coming months after its distiller in Sichuan province has started operation, marking the first international firm producing made in China whisky.

Pernod Ricard, the world’s second-largest wine and spirits producer that owns Chivas Regal, Royal Salute and Martell congac, will start selling its first Chinese made single malt whisky in the mainland in coming months after its distiller in Sichuan province has started operation, marking the first international firm producing made in China whisky.

Pernod Ricard is poised to roll out the first Chinese single malt in its US$150 million bet to convert nation’s baijiu drinkers to whisky
16 Nov 2021 - 10:52PM
Hong Kong needs further reforms to attract more biotech, health care firms to raise funds, says government advisory

The Financial Services Development Council (FSDC), a government-backed promotional body, recommended reforms that include allowing special purpose acquisitions companies (SPACs) to list their shares here.

The Financial Services Development Council (FSDC), a government-backed promotional body, recommended reforms that include allowing special purpose acquisitions companies (SPACs) to list their shares here.

Hong Kong needs further reforms to attract more biotech, health care firms to raise funds, says government advisory
15 Nov 2021 - 7:15PM
Hongkongers driving to Greater Bay Area cities to soon need only one insurance policy

Hong Kong drivers accessing the Greater Bay Area development zone will soon need only one motor insurance policy instead of three different policies for the city, Macau and mainland China.

Hong Kong drivers accessing the Greater Bay Area development zone will soon need only one motor insurance policy instead of three different policies for the city, Macau and mainland China.

Hongkongers driving to Greater Bay Area cities to soon need only one insurance policy
15 Nov 2021 - 8:30AM
Billionaire Henry Cheng to take control of pay-TV operator i-Cable amid spotlight on Hong Kong media assets

Hong Kong billionaire is spending US$40.6 million to take full control of loss-making pay-TV operator amid keen interest in Hong Kong media assets.

Hong Kong billionaire is spending US$40.6 million to take full control of loss-making pay-TV operator amid keen interest in Hong Kong media assets.

Billionaire Henry Cheng to take control of pay-TV operator i-Cable amid spotlight on Hong Kong media assets
10 Nov 2021 - 9:00PM
Wheelock property on Mt Nicholson reclaims title for the most expensive flat in Asia in terms of square footage

Flat 16D and three car parking spaces on Mount Nicholson sold for HK$639.796 million, or HK$140,800 per square foot, a record in Asia

Flat 16D and three car parking spaces on Mount Nicholson sold for HK$639.796 million, or HK$140,800 per square foot, a record in Asia

Wheelock property on Mt Nicholson reclaims title for the most expensive flat in Asia in terms of square footage
10 Nov 2021 - 11:16PM
Which are the best mobile banking apps in the world? Hong Kong’s services top Asian rankings but lag Western peers

However, Hong Kong’s lenders are lagging behind peers in Europe, Britain, and Canada, according to the survey by a Paris-based management consultancy exclusively previewed by the Post.

However, Hong Kong’s lenders are lagging behind peers in Europe, Britain, and Canada, according to the survey by a Paris-based management consultancy exclusively previewed by the Post.

Which are the best mobile banking apps in the world? Hong Kong’s services top Asian rankings but lag Western peers
18 Nov 2021 - 5:23PM
A silent revolution is underway in Hong Kong’s fintech industry, helping city catch up to Greater Bay Area neighbours

From faster payments to Wealth Management Connect, Hong Kong has adopted a number of measures in recent years to bolster its bona fides as a fintech hub.

From faster payments to Wealth Management Connect, Hong Kong has adopted a number of measures in recent years to bolster its bona fides as a fintech hub.

A silent revolution is underway in Hong Kong’s fintech industry, helping city catch up to Greater Bay Area neighbours
12 Nov 2021 - 6:24PM
Mainland China’s capital market will triple in size to US$100 trillion in next 10 years, Hong Kong stock exchange boss Nicolas Aguzin predicts

Mainland China’s capital market will grow from US$30 trillion to US$100 trillion in the next decade, and Hong Kong has a major role to play, according to Nicolas Aguzin, chief executive of the city’s bourse operator.

Mainland China’s capital market will grow from US$30 trillion to US$100 trillion in the next decade, and Hong Kong has a major role to play, according to Nicolas Aguzin, chief executive of the city’s bourse operator.

Mainland China’s capital market will triple in size to US$100 trillion in next 10 years, Hong Kong stock exchange boss Nicolas Aguzin predicts
4 Nov 2021 - 10:10PM
Hong Kong to review rules on whether to allow retail investors trade cryptocurrency ETFs, regulator says

Hong Kong’s financial watchdog is reviewing regulations governing cryptocurrencies including the market demand for Hong Kong retail investors to trade overseas exchange traded funds (ETFs) with exposure in virtual assets, according to deputy head of the regulator.

Hong Kong’s financial watchdog is reviewing regulations governing cryptocurrencies including the market demand for Hong Kong retail investors to trade overseas exchange traded funds (ETFs) with exposure in virtual assets, according to deputy head of the regulator.

Hong Kong to review rules on whether to allow retail investors trade cryptocurrency ETFs, regulator says
3 Nov 2021 - 7:30PM
SFC tightens regulation on investment-linked insurance policies to enhance investor protection

The Securities and Futures Commission introduced tougher regulations on investment-linked assurance schemes in a bid to improve transparency and protect investors.

The Securities and Futures Commission introduced tougher regulations on investment-linked assurance schemes in a bid to improve transparency and protect investors.

SFC tightens regulation on investment-linked insurance policies to enhance investor protection
1 Nov 2021 - 10:58PM