Georgina Lee

Hong Kong

Georgina Lee

Georgina Lee has been a financial journalist for more than 15 years, having worked for newswires and trade magazines before she joined the Post. She has also previously written research articles on key structured credit themes for a credit rating agency.

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Latest from Georgina Lee

Pricerite faces ‘uphill battle’ as job cuts, store closures not enough to overcome slump amid coronavirus fears

Furniture retailer Pricerite is taking more drastic cost-cutting measures than when it dealt with the Sars outbreak in 2003. It faces an “uphill battle” if landlords do not cut rents quickly enough to help overcome the current slump.

17 Feb 2020 - 8:04AM

Furniture retailer Pricerite is taking more drastic cost-cutting measures than when it dealt with the Sars outbreak in 2003. It faces an “uphill battle” if landlords do not cut rents quickly enough to help overcome the current slump.

Pricerite faces ‘uphill battle’ as job cuts, store closures not enough to overcome slump amid coronavirus fears
Record inflows show gold ETFs are better safe haven play than mining stocks, analysts say

As gold prices surged to a seven-year high in January, some analysts are promoting exchange-traded funds as a better proxy for the metal’s outlook than owning shares of gold producers.

14 Feb 2020 - 9:00PM

As gold prices surged to a seven-year high in January, some analysts are promoting exchange-traded funds as a better proxy for the metal’s outlook than owning shares of gold producers.

Record inflows show gold ETFs are better safe haven play than mining stocks, analysts say
China’s economy set for V-shape recovery as coronavirus cases level off soon and stimulus kicks in, says Credit Agricole CIB

The French bank sees first-quarter GDP growth easing to 3.5 per cent, but expects full-year expansion at 5.7 per cent as Beijing cuts interest rates and reserve requirements.

12 Feb 2020 - 9:58PM

The French bank sees first-quarter GDP growth easing to 3.5 per cent, but expects full-year expansion at 5.7 per cent as Beijing cuts interest rates and reserve requirements.

China’s economy set for V-shape recovery as coronavirus cases level off soon and stimulus kicks in, says Credit Agricole CIB
US venture firm Fifth Wall’s US$500 million green fund eyes start-ups with sustainable solutions for real estate sector

The Los Angeles-based venture capital manager is launching a new fund to help developers cut greenhouse gas emissions, with its previous fund attracting interest from China Vanke, Sino Group and Keppel Corp.

14 Feb 2020 - 5:29PM

The Los Angeles-based venture capital manager is launching a new fund to help developers cut greenhouse gas emissions, with its previous fund attracting interest from China Vanke, Sino Group and Keppel Corp.

US venture firm Fifth Wall’s US$500 million green fund eyes start-ups with sustainable solutions for real estate sector
Insurance service providers rely on blockchain to fast track claims payout amid coronavirus outbreak

Insurance service providers are relying on blockchain technology to fast track claims payouts amid a coronavirus outbreak that has placed at least 27 mainland Chinese cities on lockdown and forced many Hongkongers to work from home.

9 Feb 2020 - 9:58PM

Insurance service providers are relying on blockchain technology to fast track claims payouts amid a coronavirus outbreak that has placed at least 27 mainland Chinese cities on lockdown and forced many Hongkongers to work from home.

Insurance service providers rely on blockchain to fast track claims payout amid coronavirus outbreak
China offers force majeure escape clause for factories that breach supply contracts as coronavirus shutdowns leave assemblies idle

The agency that promotes China’s foreign trade issued a force majeure certificate to a Zhejiang-based manufacturer in a bid to forestall any contractual claims against it if it fails to fulfil orders from Peugeot

14 Feb 2020 - 6:23PM

The agency that promotes China’s foreign trade issued a force majeure certificate to a Zhejiang-based manufacturer in a bid to forestall any contractual claims against it if it fails to fulfil orders from Peugeot

China offers force majeure escape clause for factories that breach supply contracts as coronavirus shutdowns leave assemblies idle
Hong Kong stocks end dismal week lower as investors fear worse is yet to come from coronavirus outbreak

The Hang Seng Index ended January 6.6 per cent lower, its worst monthly loss since August.

31 Jan 2020 - 6:04PM

The Hang Seng Index ended January 6.6 per cent lower, its worst monthly loss since August.

Hong Kong stocks end dismal week lower as investors fear worse is yet to come from coronavirus outbreak
Hong Kong stocks fall to eight-week low as investors resort to profit-taking after early gains

Proceedings in the Hong Kong were once again dominated by the China coronavirus outbreak, as shares fell for a third consecutive day.

31 Jan 2020 - 5:11PM

Proceedings in the Hong Kong were once again dominated by the China coronavirus outbreak, as shares fell for a third consecutive day.

Hong Kong stocks fall to eight-week low as investors resort to profit-taking after early gains
Hong Kong stocks sink to lowest in seven weeks on sell-off sparked by Wuhan virus fears

The benchmark Hang Seng Index has dropped 9 per cent since a January-high reached just two weeks ago

30 Jan 2020 - 6:03PM

The benchmark Hang Seng Index has dropped 9 per cent since a January-high reached just two weeks ago

Hong Kong stocks sink to lowest in seven weeks on sell-off sparked by Wuhan virus fears
Hong Kong stocks widen losses as sell-off sparked by China coronavirus continues for a second day

Fears over the novel coronavirus dominated proceedings for a second consecutive day, as investors expect a big impact on China's economy.

30 Jan 2020 - 4:58PM

Fears over the novel coronavirus dominated proceedings for a second consecutive day, as investors expect a big impact on China's economy.

Hong Kong stocks widen losses as sell-off sparked by China coronavirus continues for a second day
Hang Seng Index ends the first trading session of the Year of Rat with steep losses

Hong Kong shares closed the first trading session of the Year of the Rat with a loss of 2.82 per cent amid fears over the Wuhan virus 

29 Jan 2020 - 5:17PM

Hong Kong shares closed the first trading session of the Year of the Rat with a loss of 2.82 per cent amid fears over the Wuhan virus 

Hang Seng Index ends the first trading session of the Year of Rat with steep losses
Hong Kong property sales to rise 10 per cent in Year of the Rat as investors shrug off impact of Wuhan virus, social unrest

Wuhan virus outbreak unlikely to affect Hong Kong property market over the long term, according to Ricacorp Properties, which expects transactions to rise to 79,300 from 72,100 in the Year of the Pig.

28 Jan 2020 - 10:57PM

Wuhan virus outbreak unlikely to affect Hong Kong property market over the long term, according to Ricacorp Properties, which expects transactions to rise to 79,300 from 72,100 in the Year of the Pig.

Hong Kong property sales to rise 10 per cent in Year of the Rat as investors shrug off impact of Wuhan virus, social unrest
Hong Kong proprietary messaging start-up latest winner of UK award, eyes access to country’s US$8.6 billion fintech sector

Hong Kong start-up LeapXpert, which has developed a proprietary messaging platform that helps companies guard against former employees poaching clients, has won the UK Department for International Trade’s fintech award in the gold category.

29 Jan 2020 - 12:40PM

Hong Kong start-up LeapXpert, which has developed a proprietary messaging platform that helps companies guard against former employees poaching clients, has won the UK Department for International Trade’s fintech award in the gold category.

Hong Kong proprietary messaging start-up latest winner of UK award, eyes access to country’s US$8.6 billion fintech sector
Wuhan coronavirus to bump up health care stocks, but worst not over for airlines and Macau casinos, analysts say

Investors have responded to the outbreak by backing the shares of pharmaceutical and medical diagnostic companies. Travel-related stocks, as well as those of Macau’s casinos, meanwhile, have taken a hit. But will these trends hold once the markets reopen?

27 Jan 2020 - 8:44AM

Investors have responded to the outbreak by backing the shares of pharmaceutical and medical diagnostic companies. Travel-related stocks, as well as those of Macau’s casinos, meanwhile, have taken a hit. But will these trends hold once the markets reopen?

Wuhan coronavirus to bump up health care stocks, but worst not over for airlines and Macau casinos, analysts say
Unknown buyer to acquire outgoing chairman Charles Chan’s stake in Hong Kong broadcaster TVB

Kenneth Hsu Kin to buy a 56.5 per cent stake in Young Lion, which controls a 26 per cent stake in free-to-air broadcaster TVB, from Charles Chan.

25 Jan 2020 - 1:50AM

Kenneth Hsu Kin to buy a 56.5 per cent stake in Young Lion, which controls a 26 per cent stake in free-to-air broadcaster TVB, from Charles Chan.

Unknown buyer to acquire outgoing chairman Charles Chan’s stake in Hong Kong broadcaster TVB
Hong Kong and Thai central bank set to test digital currencies in real-world setting after successfully completing first phase

Hong Kong Monetary Authority plans to expand the blockchain network to include more currencies and involve more central banks in the project in the future.

23 Jan 2020 - 9:00AM

Hong Kong Monetary Authority plans to expand the blockchain network to include more currencies and involve more central banks in the project in the future.

Hong Kong and Thai central bank set to test digital currencies in real-world setting after successfully completing first phase
China, Hong Kong equities to outperform on monetary easing and trade deal while recession risks set to derail S&P 500 rally, SocGen forecasts

China and Hong Kong equities are likely to outperform their US counterparts as monetary easing and a trade deal underpin corporate earnings growth this year, according to Societe Generale. The S&P 500 is due for a correction on recession risks.

21 Jan 2020 - 8:12PM

China and Hong Kong equities are likely to outperform their US counterparts as monetary easing and a trade deal underpin corporate earnings growth this year, according to Societe Generale. The S&P 500 is due for a correction on recession risks.

China, Hong Kong equities to outperform on monetary easing and trade deal while recession risks set to derail S&P 500 rally, SocGen forecasts
Moody’s downgrades Hong Kong’s ratings, saying its ability to govern effectively has been eroded by protests

Moody’s lowers the long-term issuer and senior unsecured ratings of the Hong Kong government by one notch, saying the decision came because of the government’s inability to resolve protest issues.

21 Jan 2020 - 8:34AM

Moody’s lowers the long-term issuer and senior unsecured ratings of the Hong Kong government by one notch, saying the decision came because of the government’s inability to resolve protest issues.

Moody’s downgrades Hong Kong’s ratings, saying its ability to govern effectively has been eroded by protests
Bosera Asset Management raises US$200 million for China’s ‘first’ sustainable development exchange-traded fund

Bosera, China’s second biggest fund manager closed its first ETF themed on social and environmental values, with strong interest at home and in Argentina.

19 Jan 2020 - 10:59PM

Bosera, China’s second biggest fund manager closed its first ETF themed on social and environmental values, with strong interest at home and in Argentina.

Bosera Asset Management raises US$200 million for China’s ‘first’ sustainable development exchange-traded fund
Hong Kong’s capital market can expect a robust pipeline of midsize IPOs this year, says one of the city’s top bookrunners

The frenetic activity will be a boon for a city on its way to the first technical recession in a decade, as seven months of unprecedented political crisis and a year-long US-China trade war have put the squeeze on the local economy.

17 Jan 2020 - 10:50PM

The frenetic activity will be a boon for a city on its way to the first technical recession in a decade, as seven months of unprecedented political crisis and a year-long US-China trade war have put the squeeze on the local economy.

Hong Kong’s capital market can expect a robust pipeline of midsize IPOs this year, says one of the city’s top bookrunners
Shanghai government hands out policies and incentives to attract investments and talent in five-year fintech hub master plan

To support Shanghai’s push, Ant Financial announced yesterday that it would host its inaugural fintech conference from April 23-25 in the city. The first “INCLUSION” fintech conference is expecting an estimated 20,000 to 30,000 attendees globally, Ant Financial said in a press release, and will cover major themes such as the global digital economy, digital finance, innovative technology, commerce and cities, and sustainability.

15 Jan 2020 - 10:52PM

To support Shanghai’s push, Ant Financial announced yesterday that it would host its inaugural fintech conference from April 23-25 in the city. The first “INCLUSION” fintech conference is expecting an estimated 20,000 to 30,000 attendees globally, Ant Financial said in a press release, and will cover major themes such as the global digital economy, digital finance, innovative technology, commerce and cities, and sustainability.

Shanghai government hands out policies and incentives to attract investments and talent in five-year fintech hub master plan
Chinese firm Kingsoft’s cloud unit hopes blockchain business will benefit from launch of China’s sovereign digital currency

Kingsoft Cloud, the majority-owned cloud services division of Hong Kong-listed Chinese software company Kingsoft, hopes its newly launched blockchain business will become part of the ecosystem around the Chinese central bank’s digital currency.

14 Jan 2020 - 10:58PM

Kingsoft Cloud, the majority-owned cloud services division of Hong Kong-listed Chinese software company Kingsoft, hopes its newly launched blockchain business will become part of the ecosystem around the Chinese central bank’s digital currency.

Chinese firm Kingsoft’s cloud unit hopes blockchain business will benefit from launch of China’s sovereign digital currency
Hong Kong-China ETF Connect back in the frame, as talks resume between market regulators

Hong Kong and mainland Chinese securities regulators have resumed talks about an ETF connect, with both sides looking to overcome the technical issues that have impeded the development of a fourth market access mechanism between the two markets.

14 Jan 2020 - 12:53PM

Hong Kong and mainland Chinese securities regulators have resumed talks about an ETF connect, with both sides looking to overcome the technical issues that have impeded the development of a fourth market access mechanism between the two markets.

Hong Kong-China ETF Connect back in the frame, as talks resume between market regulators
China’s battery makers, car part producers hitch a ride on Tesla’s Shanghai-made electric cars to the top of investor portfolios

Behind Tesla’s speedy progress in China – the Shanghai Gigafactory delivered its first cars less than a year after it broke ground at the start of 2019 – is Beijing’s big push to become a world leader in EV and new-energy vehicles (NEV).

13 Jan 2020 - 11:12AM

Behind Tesla’s speedy progress in China – the Shanghai Gigafactory delivered its first cars less than a year after it broke ground at the start of 2019 – is Beijing’s big push to become a world leader in EV and new-energy vehicles (NEV).

China’s battery makers, car part producers hitch a ride on Tesla’s Shanghai-made electric cars to the top of investor portfolios
Gold may gain up to 10 per cent this year as geopolitical risks, lower US interest rates push price to US$1,700, say analysts

Heightened tension in the Middle East, and the continuing US-China trade war will reinforce gold’s role as a safe haven, driving its price up

12 Jan 2020 - 9:59PM

Heightened tension in the Middle East, and the continuing US-China trade war will reinforce gold’s role as a safe haven, driving its price up

Gold may gain up to 10 per cent this year as geopolitical risks, lower US interest rates push price to US$1,700, say analysts
Macau approves first bond listing since Xi Jinping’s anniversary visit as China seeks to transform world’s biggest gambling hub

An urban and infrastructure developer in Nanjing has become the first Chinese state-backed entity to list its securities on Macau bond exchange, following up on President Xi Jinping’s measures to shift the city’s financial focus.

10 Jan 2020 - 10:43PM

An urban and infrastructure developer in Nanjing has become the first Chinese state-backed entity to list its securities on Macau bond exchange, following up on President Xi Jinping’s measures to shift the city’s financial focus.

Macau approves first bond listing since Xi Jinping’s anniversary visit as China seeks to transform world’s biggest gambling hub
Citic to trim McDonald’s China stake as ‘Vision 2022’ targets come under pressure amid competition, costs

China’s state-owned conglomerate Citic Limited is seeking to sell a substantial part of its interest in McDonald’s fast-food operations in mainland China and Hong Kong, as reported data suggests sales are lagging behind its “Vision 2022” targets amid rising competition and costs.

9 Jan 2020 - 3:22PM

China’s state-owned conglomerate Citic Limited is seeking to sell a substantial part of its interest in McDonald’s fast-food operations in mainland China and Hong Kong, as reported data suggests sales are lagging behind its “Vision 2022” targets amid rising competition and costs.

Citic to trim McDonald’s China stake as ‘Vision 2022’ targets come under pressure amid competition, costs
US-listed Chinese new-economy companies are mulling secondary flotations in Hong Kong after watching Alibaba’s shares soar, says China Renaissance

A wave of Chinese internet giants that have listed in the US by issuing American depositary receipts are considering following Alibaba’s lead and aiming for a secondary flotation in Hong Kong, say bankers

16 Feb 2020 - 10:03PM

A wave of Chinese internet giants that have listed in the US by issuing American depositary receipts are considering following Alibaba’s lead and aiming for a secondary flotation in Hong Kong, say bankers

US-listed Chinese new-economy companies are mulling secondary flotations in Hong Kong after watching Alibaba’s shares soar, says China Renaissance
Asia’s central banks are ahead in the race to develop their own digital currencies, say experts, led by China, Hong Kong, Thailand

China is expected to be among the world’s first few central banks to roll out a sovereign digital currency to join the US$25.9 trillion e-payment market currently dominated by Alipay, WeChat Pay

29 Dec 2019 - 11:01PM

China is expected to be among the world’s first few central banks to roll out a sovereign digital currency to join the US$25.9 trillion e-payment market currently dominated by Alipay, WeChat Pay

Asia’s central banks are ahead in the race to develop their own digital currencies, say experts, led by China, Hong Kong, Thailand
Hong Kong stocks end higher on property gains; Hang Seng advances for third straight week

“To me, what’s significant is the Hong Kong benchmark has managed to stay ahead despite so many fears in the market this year,” said Alvin Cheung, an associate director at Prudential Brokerage.

20 Dec 2019 - 5:52PM

“To me, what’s significant is the Hong Kong benchmark has managed to stay ahead despite so many fears in the market this year,” said Alvin Cheung, an associate director at Prudential Brokerage.

Hong Kong stocks end higher on property gains; Hang Seng advances for third straight week