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 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 steps in to weaken the local dollar, as hot money inflows defy doomsday talk of capital flight after China’s security law

The episode shows how the inflow of money into Hong Kong continues to defy doomsday speculation of capital flight. Some high-net-worth individuals are switching out of their US-dollar holdings and assets to seek shelter in other currencies including the Hong Kong dollar, as the White House considers imposing financial sanctions on Hong Kong’s banks and individuals in retaliation for the law.

7 Jul 2020 - 10:54PM

The episode shows how the inflow of money into Hong Kong continues to defy doomsday speculation of capital flight. Some high-net-worth individuals are switching out of their US-dollar holdings and assets to seek shelter in other currencies including the Hong Kong dollar, as the White House considers imposing financial sanctions on Hong Kong’s banks and individuals in retaliation for the law.

Hong Kong steps in to weaken the local dollar, as hot money inflows defy doomsday talk of capital flight after China’s security law
Hong Kong will attract listings by international companies, not just Chinese firms, as Greater Bay Area opens up, outgoing IPO panel chief says

Hong Kong will continue to attract listings by international and Asian companies in the coming years, said Andrew Weir, who steps down as chairman of the Listing Committee this week.

7 Jul 2020 - 10:54PM

Hong Kong will continue to attract listings by international and Asian companies in the coming years, said Andrew Weir, who steps down as chairman of the Listing Committee this week.

Hong Kong will attract listings by international companies, not just Chinese firms, as Greater Bay Area opens up, outgoing IPO panel chief says
CLP powers ahead with ‘smart’ and ‘clean’ energy opportunities in Greater Bay Area just as it did 40 years ago

CLP is deploying clean energy, smart city and digital energy infrastructure monitoring technologies in the bay area to improve efficiency and enhance customer experience.

6 Jul 2020 - 11:50AM

CLP is deploying clean energy, smart city and digital energy infrastructure monitoring technologies in the bay area to improve efficiency and enhance customer experience.

CLP powers ahead with ‘smart’ and ‘clean’ energy opportunities in Greater Bay Area just as it did 40 years ago
What are Hongkongers going to do with their HK$10,000 payout? Bet on the stock market, from the looks of it

While the government wants the HK$10,000 handout to be spent on shopping and dining out, many may use it to invest in stocks and subscribe to upcoming IPOs.

5 Jul 2020 - 8:40PM

While the government wants the HK$10,000 handout to be spent on shopping and dining out, many may use it to invest in stocks and subscribe to upcoming IPOs.

What are Hongkongers going to do with their HK$10,000 payout? Bet on the stock market, from the looks of it
Explainer | As Bank of East Asia joins Hong Kong lenders in providing mortgages for Greater Bay Area homes, here is what you need to know about the loans

Hong Kong banks expect more Hongkongers to seek out property in the Greater Bay Area development zone, and at least six of these now offer mortgages for such purchases.

6 Jul 2020 - 2:18PM

Hong Kong banks expect more Hongkongers to seek out property in the Greater Bay Area development zone, and at least six of these now offer mortgages for such purchases.

As Bank of East Asia joins Hong Kong lenders in providing mortgages for Greater Bay Area homes, here is what you need to know about the loans
SFC orders HKEX to improve Chinese wall between IPO business and regulatory units

It is “inadvisable” for chief executive Charles Li Xiaojia and other business executives to invite head of listing department to meet IPO candidates, SFC says.

3 Jul 2020 - 10:59PM

It is “inadvisable” for chief executive Charles Li Xiaojia and other business executives to invite head of listing department to meet IPO candidates, SFC says.

SFC orders HKEX to improve Chinese wall between IPO business and regulatory units
Hong Kong insurance titans like AIA, Prudential are on a hiring spree as they bet on Greater Bay Area, coronavirus to boost business

AIA, Prudential and HSBC Life believe Beijing’s ambitious economic integration plan will allow Hong Kong insurers to establish services centres in mainland China to support future sales growth.

3 Jul 2020 - 8:12AM

AIA, Prudential and HSBC Life believe Beijing’s ambitious economic integration plan will allow Hong Kong insurers to establish services centres in mainland China to support future sales growth.

Hong Kong insurance titans like AIA, Prudential are on a hiring spree as they bet on Greater Bay Area, coronavirus to boost business
New Hong Kong virtual lender Ping An OneConnect, HSBC ease banking processes in battle for SME sector

Hong Kong’s small and medium enterprises (SMEs) have emerged as a new battleground for the city’s banking sector, which has been revitalised by the launch of eight virtual lenders that do not have any bricks-and-mortar branches.

2 Jul 2020 - 8:25AM

Hong Kong’s small and medium enterprises (SMEs) have emerged as a new battleground for the city’s banking sector, which has been revitalised by the launch of eight virtual lenders that do not have any bricks-and-mortar branches.

New Hong Kong virtual lender Ping An OneConnect, HSBC ease banking processes in battle for SME sector
Hong Kong launches US$15.5 million subsidy plan to encourage companies to hire 1,000 fintech professionals

The government will subsidise the salary of one full-time new hire with HK$10,000 every month for a year as part of the FinTech Anti-epidemic Scheme for Talent Development (FAST), and companies can apply for the funds from Thursday.

1 Jul 2020 - 10:40PM

The government will subsidise the salary of one full-time new hire with HK$10,000 every month for a year as part of the FinTech Anti-epidemic Scheme for Talent Development (FAST), and companies can apply for the funds from Thursday.

Hong Kong launches US$15.5 million subsidy plan to encourage companies to hire 1,000 fintech professionals
The market size of China’s Greater Bay Area is the key to Hong Kong’s economic woes, says chief of oldest business guild

Hong Kong’s uniquely advantageous position to tap the Greater Bay Area’s growth is particularly important as the city is mired in its worst recession on record, said the chief of the city’s oldest and largest business guild.

1 Jul 2020 - 10:33PM

Hong Kong’s uniquely advantageous position to tap the Greater Bay Area’s growth is particularly important as the city is mired in its worst recession on record, said the chief of the city’s oldest and largest business guild.

The market size of China’s Greater Bay Area is the key to Hong Kong’s economic woes, says chief of oldest business guild
China loosens rules on fund flows between Greater Bay Area cities, in a partial relaxation of capital controls

Partial liberalisation of China’s capital control could act as a buffer against sanctions by the US and EU against China’s security law as it cements the role of Hong Kong in the 11 cities that make up the GBA.

29 Jun 2020 - 11:42PM

Partial liberalisation of China’s capital control could act as a buffer against sanctions by the US and EU against China’s security law as it cements the role of Hong Kong in the 11 cities that make up the GBA.

China loosens rules on fund flows between Greater Bay Area cities,  in a partial relaxation of capital controls
Exchanges take shape in Macau, Guangzhou to turbocharge southern China’s Greater Bay into Asia’s largest financial market

The plan underscores long-term ambition and prospects for the Greater Bay Area, which could be considered as the world’s 11th largest economy ahead of Russia and behind Canada, with a US$1.65 trillion combined output from its 11 cities.

27 Jun 2020 - 6:45AM

The plan underscores long-term ambition and prospects for the Greater Bay Area, which could be considered as the world’s 11th largest economy ahead of Russia and behind Canada, with a US$1.65 trillion combined output from its 11 cities.

Exchanges take shape in Macau, Guangzhou to turbocharge southern China’s Greater Bay into Asia’s largest financial market
Hong Kong slams US’ Autonomy Act, urges Washington to refrain from measures that could affect financial institution operations

Any sanctions imposed under the act ‘will not create an obligation for financial institutions under Hong Kong law’, spokesman says.

27 Jun 2020 - 1:57AM

Any sanctions imposed under the act ‘will not create an obligation for financial institutions under Hong Kong law’, spokesman says.

Hong Kong slams US’ Autonomy Act, urges Washington to refrain from measures that could affect financial institution operations
National security law: foreign firms in Hong Kong look at plan B if free flow of information restricted

Concerns centre over whether the new law will restrict the free flow of information in the city and hamper business development, says Lento Yip of the Hong Kong Internet Service Providers Association.

23 Jun 2020 - 11:45AM

Concerns centre over whether the new law will restrict the free flow of information in the city and hamper business development, says Lento Yip of the Hong Kong Internet Service Providers Association.

National security law: foreign firms in Hong Kong look at plan B if free flow of information restricted
Hong Kong wealth managers can’t wait for new Connect programme, with Singapore ready to pounce on city’s troubles

China’s plan to turn the Greater Bay Area into a hub for wealth management products will help Hong Kong’s fund industry ward off challenges from Singapore, market players said.

22 Jun 2020 - 10:52AM

China’s plan to turn the Greater Bay Area into a hub for wealth management products will help Hong Kong’s fund industry ward off challenges from Singapore, market players said.

Hong Kong wealth managers can’t wait for new Connect programme, with Singapore ready to pounce on city’s troubles
Coronavirus has brought out ‘Hong Kong spirit’, as firms borrow to adapt to new normal, Bank of East Asia says

The coronavirus pandemic might have hit the city’s economy hard, but it also brought to the fore “the Hong Kong spirit”, with businesses quickly adapting to meet a new normal, according to an executive at Bank of East Asia.

22 Jun 2020 - 8:44AM

The coronavirus pandemic might have hit the city’s economy hard, but it also brought to the fore “the Hong Kong spirit”, with businesses quickly adapting to meet a new normal, according to an executive at Bank of East Asia.

Coronavirus has brought out ‘Hong Kong spirit’, as firms borrow to adapt to new normal, Bank of East Asia says
China’s largest investment bank CICC says sorry after disciplinary action by Hong Kong regulator on breaching city’s takeover code

China’s leading investment bank group has been reprimanded by the Securities and Futures Commission for failing to promptly disclose trades involving two companies in takeover situations.

19 Jun 2020 - 4:17PM

China’s leading investment bank group has been reprimanded by the Securities and Futures Commission for failing to promptly disclose trades involving two companies in takeover situations.

China’s largest investment bank CICC says sorry after disciplinary action by Hong Kong regulator on breaching city’s takeover code
HKEX to launch green financing portal in move to build a leading role amid regional competition

HKEX plans to host a portal involving green bonds and other products as part of its efforts to promote sustainable finance ecosystem, just as competition is heating up in the region.

18 Jun 2020 - 8:30PM

HKEX plans to host a portal involving green bonds and other products as part of its efforts to promote sustainable finance ecosystem, just as competition is heating up in the region.

HKEX to launch green financing portal in move to build a leading role amid regional competition
Hong Kong Airlines, kept alive with funds from Chinese lenders, calls for government support in survival fight

Cash-strapped Hong Kong Airlines is asking the city’s government to consider supporting other local carriers after its decision to bail out Cathay Pacific Airways.

18 Jun 2020 - 10:14PM

Cash-strapped Hong Kong Airlines is asking the city’s government to consider supporting other local carriers after its decision to bail out Cathay Pacific Airways.

Hong Kong Airlines, kept alive with funds from Chinese lenders, calls for government support in survival fight
The race for HK$71 billion cash handout is heating up as more banks bait customers with gold bar, iPhone, and food vouchers

HSBC and rival lenders are jostling for customers to steer a bigger slice of Hong Kong’s HK$71 billion handout programme to their own platform, as the government prepares to make its first payouts in early July.

17 Jun 2020 - 8:51PM

HSBC and rival lenders are jostling for customers to steer a bigger slice of Hong Kong’s HK$71 billion handout programme to their own platform, as the government prepares to make its first payouts in early July.

The race for HK$71 billion cash handout is heating up as more banks bait customers with gold bar, iPhone, and food vouchers
As HKEX turns 20, it has never been more relevant as bridge between China and world, CEO Charles Li says

China and the rest of the world need each other, and Hong Kong and its bourse operator, Hong Kong Exchanges and Clearing, will play the crucial role of connector and translator, Charles Li Xiaojia says on HKEX’s 20th birthday.

16 Jun 2020 - 9:53PM

China and the rest of the world need each other, and Hong Kong and its bourse operator, Hong Kong Exchanges and Clearing, will play the crucial role of connector and translator, Charles Li Xiaojia says on HKEX’s 20th birthday.

As HKEX turns 20, it has never been more relevant as bridge between China and world, CEO Charles Li says
Convoy scandal takes a new twist as ‘suffering minority group’ threatens legal action to recover losses

A group of minority shareholders is seeking support for a collective action against Convoy and its directors and major owners, after financial scandal decimates their investment.

16 Jun 2020 - 7:04AM

A group of minority shareholders is seeking support for a collective action against Convoy and its directors and major owners, after financial scandal decimates their investment.

Convoy scandal takes a new twist as ‘suffering minority group’ threatens legal action to recover losses
HSBC, Standard Chartered, and online lenders Airstar, WeLab race to offer high interest rates, cash prizes to capture new customers claiming their HK$10,000 government payout

Old stalwarts like HSBC and Standard Chartered, and new virtual banks offer cash prizes and high interest rates in a fierce battle to attract customers opening accounts to receive their HK$10,000 payout.

14 Jun 2020 - 11:12PM

Old stalwarts like HSBC and Standard Chartered, and new virtual banks offer cash prizes and high interest rates in a fierce battle to attract customers opening accounts to receive their HK$10,000 payout.

HSBC, Standard Chartered, and online lenders Airstar, WeLab race to offer high interest rates, cash prizes to capture new customers claiming their HK$10,000 government payout
Hong Kong’s low-interest rate regime will help the city’s stricken economy get back on its feet quickly

The city has recorded huge capital inflows, while a stronger Hong Kong dollar exchange rate this year has hurt short sellers, HKMA deputy head Arthur Yuen says.

12 Jun 2020 - 12:06AM

The city has recorded huge capital inflows, while a stronger Hong Kong dollar exchange rate this year has hurt short sellers, HKMA deputy head Arthur Yuen says.

Hong Kong’s low-interest rate regime will help the city’s stricken economy get back on its feet quickly
Over 30,000 Hong Kong companies enjoy six-month repayment holiday on HK$380 billion in loans under HKMA scheme to help them survive economic slump

Hong Kong’s de facto central bank for the first time has told banks to offer a break for SMEs to repay loans as the city reels from Covid-19 and political unrest.

11 Jun 2020 - 7:11AM

Hong Kong’s de facto central bank for the first time has told banks to offer a break for SMEs to repay loans as the city reels from Covid-19 and political unrest.

Over 30,000 Hong Kong companies enjoy six-month repayment holiday on HK$380 billion in loans under HKMA scheme to help them survive economic slump
Hong Kong relaxes quarantine rules for largest listed firms such as Tencent and Alibaba

Hong Kong has relaxed its 14-day quarantine rule for executives of 480 of the largest companies listed in the city, its newly appointed secretary for financial services and the treasury said.

8 Jun 2020 - 3:52PM

Hong Kong has relaxed its 14-day quarantine rule for executives of 480 of the largest companies listed in the city, its newly appointed secretary for financial services and the treasury said.

Hong Kong relaxes quarantine rules for largest listed firms such as Tencent and Alibaba
Hong Kong reins back local dollar amid hot money influx ahead of city’s blockbuster IPOs, allaying concerns of capital flight

The eight interventions by the de facto central bank allay concerns of capital flight from Hong Kong, after the US government stripped the city of its special trade status in retaliation for China’s introduction of a national security law.

6 Jun 2020 - 6:50PM

The eight interventions by the de facto central bank allay concerns of capital flight from Hong Kong, after the US government stripped the city of its special trade status in retaliation for China’s introduction of a national security law.

Hong Kong reins back local dollar amid hot money influx ahead of city’s blockbuster IPOs, allaying concerns of capital flight
Hong Kong’s dying breed of stockbrokers can carve a niche in Greater Bay Area by focusing on wealthy but neglected customers

Local brokers can help the Greater Bay Area’s 70 million customers with their investment needs, but growth will not come easily, says industry veteran Stephen Hui of Luk Fook Financial.

5 Jun 2020 - 10:47PM

Local brokers can help the Greater Bay Area’s 70 million customers with their investment needs, but growth will not come easily, says industry veteran Stephen Hui of Luk Fook Financial.

Hong Kong’s dying breed of stockbrokers can carve a niche in Greater Bay Area by focusing on wealthy but neglected customers
HKMA unveils pay subsidy plan for Class of 2020 to encourage banking sector hiring amid economic slump

HKMA unveils a US$1.4 million wage subsidy programme to spur hiring in financial sector for Class of 2020 graduates amid a bleak job market outlook.

4 Jun 2020 - 11:15PM

HKMA unveils a US$1.4 million wage subsidy programme to spur hiring in financial sector for Class of 2020 graduates amid a bleak job market outlook.

HKMA unveils pay subsidy plan for Class of 2020 to encourage banking sector hiring amid economic slump
Mandatory Provident Fund: are Hong Kong equities a wise investment choice after last month’s rout?

The 44 Hong Kong stock funds under the MPF scheme on reported an average loss of 4 per cent last month, the worst among all fund categories.

3 Jun 2020 - 10:33PM

The 44 Hong Kong stock funds under the MPF scheme on reported an average loss of 4 per cent last month, the worst among all fund categories.

Mandatory Provident Fund: are Hong Kong equities a wise investment choice after last month’s rout?