Eric Ng

Eric Ng joined the Post in 1998 after brief stints in a trading company and translation and editing roles at Dow Jones and Edinburgh Financial Publishing. He has close to 20 years of experience covering China's energy, mining and industrial materials sectors, and has recently added biotechnology to his coverage. Eric has a master's of business administration degree.
Eric Ng
Eric Ng joined the Post in 1998 after brief stints in a trading company and translation and editing roles at Dow Jones and Edinburgh Financial Publishing. He has close to 20 years of experience covering China's energy, mining and industrial materials sectors, and has recently added biotechnology to his coverage. Eric has a master's of business administration degree.

Latest from Eric Ng

Why is global investors’ fossil fuel divestment not having the desired effect on China’s carbon emissions?

More than 1,000 institutional investors have committed themselves to divest US$6.2 trillion from fossil fuel companies, but they are unable to pressure Chinese miners and power producers as they do not rely on foreign funds.

19 Apr 2019 - 12:00PM

More than 1,000 institutional investors have committed themselves to divest US$6.2 trillion from fossil fuel companies, but they are unable to pressure Chinese miners and power producers as they do not rely on foreign funds.

Why is global investors’ fossil fuel divestment not having the desired effect on China’s carbon emissions?
Hong Kong developer Henderson Land sells a third of 101 units at Yuen Long project

Just a third of the apartments on offer at Hong Kong developer Henderson Land’s Reach Summit project were snapped up on Tuesday, a reflection of buyers’ cautious outlook about the property market.

17 Apr 2019 - 2:57AM

Just a third of the apartments on offer at Hong Kong developer Henderson Land’s Reach Summit project were snapped up on Tuesday, a reflection of buyers’ cautious outlook about the property market.

Hong Kong developer Henderson Land sells a third of 101 units at Yuen Long project
Zurich-based robotics giant ABB expects Chinese electric vehicle makers and SME sector to keep Shanghai plant busy

ABB Group is banking not only on hundreds of electric vehicle start-ups in China, but also millions of its small and medium-sized manufacturers to fill up the order books at a robotics factory it is building in Shanghai.

14 Apr 2019 - 10:35PM

ABB Group is banking not only on hundreds of electric vehicle start-ups in China, but also millions of its small and medium-sized manufacturers to fill up the order books at a robotics factory it is building in Shanghai.

Zurich-based robotics giant ABB expects Chinese electric vehicle makers and SME sector to keep Shanghai plant busy
Big data enters the fray in the war against cancer as pharmaceutical laboratories combine drugs like cocktails to kill cancerous cells

There are millions of possible combinations of drugs that can be used to fight cancer, so pharmaceutical companies are making use of big data analysis and machine learning to plough through the data

7 Apr 2019 - 4:13PM

There are millions of possible combinations of drugs that can be used to fight cancer, so pharmaceutical companies are making use of big data analysis and machine learning to plough through the data

Big data enters the fray in the war against cancer as pharmaceutical laboratories combine drugs like cocktails to kill cancerous cells
Can cheaper drugs help home-grown labs turn the table on foreign Big Pharma in China’s cancer treatment market?

Research and development costs run up against a ceiling over treatment prices, a very pertinent concern in China, where the government is anxious to keep health care affordable, in keeping with its socialist principle of governance

8 Apr 2019 - 10:46PM

Research and development costs run up against a ceiling over treatment prices, a very pertinent concern in China, where the government is anxious to keep health care affordable, in keeping with its socialist principle of governance

Can cheaper drugs help home-grown labs turn the table on foreign Big Pharma in China’s cancer treatment market?
This Guangzhou company has a strategy to help China’s state hospitals compete in the data economy

Haici is helping China’s state hospitals transition to online platform service providers

3 Apr 2019 - 5:42PM

Haici is helping China’s state hospitals transition to online platform service providers

This Guangzhou company has a strategy to help China’s state hospitals compete in the data economy
Softbank-backed firm wants to put 100,000 cloud-based robots in the market by 2021, to seek US$300 million in private funding

Cloudminds Technology, the Santa Clara, California-based developer of a cloud-based platform that aims to operate millions of intelligent consumer services robots one day, is looking to raise at least US$300 million.

29 Mar 2019 - 6:00AM

Cloudminds Technology, the Santa Clara, California-based developer of a cloud-based platform that aims to operate millions of intelligent consumer services robots one day, is looking to raise at least US$300 million.

Softbank-backed firm wants to put 100,000 cloud-based robots in the market by 2021, to seek US$300 million in private funding
China can excel in consumer robotics, says Credit Suisse Asset Management specialist

China can become a formidable player in the nascent consumer robotics market, where precision of movements is not as important as with industrial robotics, says Angus Muirhead, senior portfolio manager at Credit Suisse Asset Management.

28 Mar 2019 - 12:50PM

China can become a formidable player in the nascent consumer robotics market, where precision of movements is not as important as with industrial robotics, says Angus Muirhead, senior portfolio manager at Credit Suisse Asset Management.

China can excel in consumer robotics, says Credit Suisse Asset Management specialist
Chinese energy giant Sinopec defends 41 per cent increase in oil and gas exploration budget, says guided by market forces

Sinopec, one of China’s Big Three state-backed oil and gas producers and the world’s largest oil refiner, sought to allay concerns it was putting an order by Beijing to raise domestic output ahead of profitability.

25 Mar 2019 - 10:45PM

Sinopec, one of China’s Big Three state-backed oil and gas producers and the world’s largest oil refiner, sought to allay concerns it was putting an order by Beijing to raise domestic output ahead of profitability.

Chinese energy giant Sinopec defends 41 per cent increase in oil and gas exploration budget, says guided by market forces
Beleaguered Siberia iron ore miner gets boost from Brazil mine shutdowns

IRC, already benefiting from ‘Belt and Road Initiative,’ gets boost from big run-up in ore prices

24 Mar 2019 - 10:10PM

IRC, already benefiting from ‘Belt and Road Initiative,’ gets boost from big run-up in ore prices

Beleaguered Siberia iron ore miner gets boost from Brazil mine shutdowns
State energy giant PetroChina reports 130 per cent increase in net profit, eyes energy cooperation with US

PetroChina, the country’s largest oil and gas producer, will seek deeper ties with energy producers in the US, with the hope of playing a key role in helping the two countries resolve their trade war, its president said on Thursday.

21 Mar 2019 - 9:42PM

PetroChina, the country’s largest oil and gas producer, will seek deeper ties with energy producers in the US, with the hope of playing a key role in helping the two countries resolve their trade war, its president said on Thursday.

State energy giant PetroChina reports 130 per cent increase in net profit, eyes energy cooperation with US
CK Hutchison and CK Asset post upbeat profit results during Victor Li’s debut year as chairman
  • The listed flagship companies of tycoon Li Ka-shing reported improving profit for the period ending December 31
21 Mar 2019 - 10:50PM
  • The listed flagship companies of tycoon Li Ka-shing reported improving profit for the period ending December 31
CK Hutchison and CK Asset post upbeat profit results during Victor Li’s debut year as chairman
Victor Li reports weaker than expected profit in first annual result since taking over CKI from Li Ka-shing

Hong Kong conglomerate Cheung Kong Infrastructure Holdings posted a below expectation 1.8 per cent increase in profit on Wednesday, with chairman Victor Li Tzar-kuoi reporting the company’s first set of annual results after taking over from his father, Li Ka-shing, in May 2018.

20 Mar 2019 - 10:58PM

Hong Kong conglomerate Cheung Kong Infrastructure Holdings posted a below expectation 1.8 per cent increase in profit on Wednesday, with chairman Victor Li Tzar-kuoi reporting the company’s first set of annual results after taking over from his father, Li Ka-shing, in May 2018.

Victor Li reports weaker than expected profit in first annual result since taking over CKI from Li Ka-shing
China needs 30 times its outsourcing capacity to meet demand created by drug pricing reform, says Wuxi Biologics boss

China will need 30 times its current outsourced manufacturing capacity for biological drugs, according to Chris Chen Zhisheng, CEO of Wuxi Biologics, its largest drugs development and manufacture outsourcing company.

20 Mar 2019 - 8:00AM

China will need 30 times its current outsourced manufacturing capacity for biological drugs, according to Chris Chen Zhisheng, CEO of Wuxi Biologics, its largest drugs development and manufacture outsourcing company.

China needs 30 times its outsourcing capacity to meet demand created by drug pricing reform, says Wuxi Biologics boss
China can’t quite match appeal of European firms as Asia’s windpower infrastructure boom begins
  • European firms seen as favoured option for green energy buildout among China’s neighbours
21 Mar 2019 - 11:46AM
  • European firms seen as favoured option for green energy buildout among China’s neighbours
China can’t quite match appeal of European firms as Asia’s windpower infrastructure boom begins
More Chinese industrial firms are building their factories in Europe, says regional head of Germany’s Exyte

Plans for expansion in Europe are becoming particularly popular among firms in China’s biotech and pharmaceutical sectors, says Mark Garvey, Exyte’s president for Asia-Pacific

14 Mar 2019 - 11:09AM

Plans for expansion in Europe are becoming particularly popular among firms in China’s biotech and pharmaceutical sectors, says Mark Garvey, Exyte’s president for Asia-Pacific

More Chinese industrial firms are building their factories in Europe, says regional head of Germany’s Exyte
Russia’s Alrosa to trade in euros with Chow Sang Sang as world’s biggest miner of rough diamonds braces for a tough year in China

State-backed Alrosa finally succeeds in convincing major Chinese customer to deal with it in a currency other than US dollars as it looks to get around tough US sanctions

8 Mar 2019 - 9:49PM

State-backed Alrosa finally succeeds in convincing major Chinese customer to deal with it in a currency other than US dollars as it looks to get around tough US sanctions

Russia’s Alrosa to trade in euros with Chow Sang Sang as world’s biggest miner of rough diamonds braces for a tough year in China
Metals miner MMG keeps eye out for overseas acquisitions as it tackles mine blockades in Peru

The overseas mining unit of state-owned China Minmetals will press on with its goal to rank among the world’s ‘top mid-tier’ mining firms, says CEO

8 Mar 2019 - 7:02AM

The overseas mining unit of state-owned China Minmetals will press on with its goal to rank among the world’s ‘top mid-tier’ mining firms, says CEO

Metals miner MMG keeps eye out for overseas acquisitions as it tackles mine blockades in Peru
PetroChina parent to quintuple exploration spending to help realise Xi’s national energy security goal

China’s foreign oil dependency rose to almost 70 per cent and that of natural gas to 45.3 per cent last year. This compares with 52 per cent for oil in 2010 and 29 per cent for gas in 2012.

6 Mar 2019 - 10:40AM

China’s foreign oil dependency rose to almost 70 per cent and that of natural gas to 45.3 per cent last year. This compares with 52 per cent for oil in 2010 and 29 per cent for gas in 2012.

PetroChina parent to quintuple exploration spending to help realise Xi’s national energy security goal
Hong Kong electric utility CLP Holdings looks to next generation ‘smart’ meters, solar projects in China, India

Hong Kong’s biggest power utility plans to invest HK$2 billion on ‘smart’ electric meters which will help curb the need to build more capacity

4 Mar 2019 - 8:03AM

Hong Kong’s biggest power utility plans to invest HK$2 billion on ‘smart’ electric meters which will help curb the need to build more capacity

Hong Kong electric utility CLP Holdings looks to next generation ‘smart’ meters, solar projects in China, India
Ping An Good Doctor taps parent’s insurance and banking clients to boost online consultation revenue

China’s largest health care and online medical platform offers clients of Ping An Insurance (Group) and Ping An Bank doctor referrals and consultation services

27 Feb 2019 - 10:39PM

China’s largest health care and online medical platform offers clients of Ping An Insurance (Group) and Ping An Bank doctor referrals and consultation services

Ping An Good Doctor taps parent’s insurance and banking clients to boost online consultation revenue
Australia’s Yancoal says ‘no direct impact’ on its coal shipments at Chinese ports

Yancoal, Australia’s third largest coal producer, says there have been no handling delays on its coal shipments at Chinese ports

26 Feb 2019 - 10:57PM

Yancoal, Australia’s third largest coal producer, says there have been no handling delays on its coal shipments at Chinese ports

Australia’s Yancoal says ‘no direct impact’ on its coal shipments at Chinese ports
Why investors are shrugging off CNOOC’s big offshore gas find in northeast China

The discovery is the biggest by a Chinese energy giant in Bohai Bay in half a century

26 Feb 2019 - 10:48PM

The discovery is the biggest by a Chinese energy giant in Bohai Bay in half a century

Why investors are shrugging off CNOOC’s big offshore gas find in northeast China
Hong Kong’s green bond market to pick up steam on back of government’s proposed HK$100 billion push
CLP Holdings shares fall after 2018 net profit misses estimates

Hong Kong utility operator cites a substantial asset impairment in India arising from a customer dispute for the surprisingly weak net profit last year.

25 Feb 2019 - 10:52PM

Hong Kong utility operator cites a substantial asset impairment in India arising from a customer dispute for the surprisingly weak net profit last year.

CLP Holdings shares fall after 2018 net profit misses estimates
US certifier expands in Hong Kong as man-made diamonds sparkle among millennials
Chinese textiles giant aspiring to rival French conglomerate LVMH eyes assets listing in Singapore

Shandong-based firm, who has spent US$4.6 billion on foreign acquisitions since 2010, will also focus on integrating acquired businesses.

25 Feb 2019 - 10:25AM

Shandong-based firm, who has spent US$4.6 billion on foreign acquisitions since 2010, will also focus on integrating acquired businesses.

Chinese textiles giant aspiring to rival French conglomerate LVMH eyes assets listing in Singapore
New EU scrutiny mechanism to cool Chinese acquisition of strategic assets in Europe, says ING

Chinese appetite for assets in sectors such as energy and power utilities will be affected by the passage last week of an EU-wide mechanism for the screening of foreign investment into strategic sectors, said Hu Jia, head of Greater China corporate finance at ING.

20 Feb 2019 - 10:53PM

Chinese appetite for assets in sectors such as energy and power utilities will be affected by the passage last week of an EU-wide mechanism for the screening of foreign investment into strategic sectors, said Hu Jia, head of Greater China corporate finance at ING.

New EU scrutiny mechanism to cool Chinese acquisition of strategic assets in Europe, says ING
Crop technology firm Syngenta helping China enhance food security with goal to grow after acquisition by ChemChina
  • Acquired by state-backed ChemChina in 2017, Syngenta aims to quadruple its market share in mainland China over five years, says its chief financial officer.
18 Feb 2019 - 8:17PM
  • Acquired by state-backed ChemChina in 2017, Syngenta aims to quadruple its market share in mainland China over five years, says its chief financial officer.
Crop technology firm Syngenta helping China enhance food security with goal to grow after acquisition by ChemChina
China begins to embrace global sustainable investment trend, but big names still missing, says China chief of UN-backed body

Lack of asset owners ‘leaves a major gap to be filled,’ says China’s leader of the drive to include environmental, social and governance performance in investment decisions.

17 Feb 2019 - 10:45PM

Lack of asset owners ‘leaves a major gap to be filled,’ says China’s leader of the drive to include environmental, social and governance performance in investment decisions.

China begins to embrace global sustainable investment trend, but big names still missing, says China chief of UN-backed body