Iris Ouyang

Hong Kong

Iris Ouyang

Reporter, Business

Iris Ouyang is a business reporter for the Post. She has reported in Washington D.C., Beijing, and Hong Kong in the past several years for both Chinese and international media organisations such as Caixin, Phoenix Finance, MNI, USA Today, MarketWatch and American Banker.

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Latest from Iris Ouyang

Hong Kong stocks slide as US clampdown on Chinese apps hits Tencent, other tech shares

Tencent fell after US President Donald Trump banned its WeChat app to “protect our national security.” It plunged as much as 10 per cent before closing down 5 per cent.

7 Aug 2020 - 4:39PM

Tencent fell after US President Donald Trump banned its WeChat app to “protect our national security.” It plunged as much as 10 per cent before closing down 5 per cent.

Hong Kong stocks slide as US clampdown on Chinese apps hits Tencent, other tech shares
Hong Kong stocks slip as US expands its Internet security campaign to ‘untrusted’ Chinese apps; Tencent slides

Overnight, US Secretary of State Mike Pompeo called on US app stores to remove “untrusted” Chinese-owned apps, including WeChat and TikTok. This expanded the US charge against Chinese tech giants over a mix of security and human rights abuse claims. WeChat operator Tencent narrowed early losses.

6 Aug 2020 - 5:01PM

Overnight, US Secretary of State Mike Pompeo called on US app stores to remove “untrusted” Chinese-owned apps, including WeChat and TikTok. This expanded the US charge against Chinese tech giants over a mix of security and human rights abuse claims. WeChat operator Tencent narrowed early losses.

Hong Kong stocks slip as US expands its Internet security campaign to ‘untrusted’ Chinese apps; Tencent slides
Wuxi state-owned firm moves to buy Yunnan-based carrier, throwing Hong Kong Airlines discussions in doubt

Ruili Airlines deal will see Wuxi city and Jiangsu province get their first home-based carrier.

6 Aug 2020 - 12:56AM

Ruili Airlines deal will see Wuxi city and Jiangsu province get their first home-based carrier.

Wuxi state-owned firm moves to buy Yunnan-based carrier, throwing Hong Kong Airlines discussions in doubt
Hong Kong stocks post second straight session of gains as Tencent, other new economy giants continue to climb

Tencent is in talks to create a massive US$10 billion video game streaming giant through a merger of Huya and DouYu, according to Bloomberg.

5 Aug 2020 - 5:59PM

Tencent is in talks to create a massive US$10 billion video game streaming giant through a merger of Huya and DouYu, according to Bloomberg.

Hong Kong stocks post second straight session of gains as Tencent, other new economy giants continue to climb
Hong Kong stocks rally, with Wharf REIC jumping nearly 8 per cent and new economy stocks having another good day

Gains accelerated in the afternoon, as sentiment turned up after three straight sessions of losses. Trading sentiment overall is positive in Hong Kong, where the benchmark rose in back-to-back months. Excitement continues over a new tech board and IPOs.

4 Aug 2020 - 5:49PM

Gains accelerated in the afternoon, as sentiment turned up after three straight sessions of losses. Trading sentiment overall is positive in Hong Kong, where the benchmark rose in back-to-back months. Excitement continues over a new tech board and IPOs.

Hong Kong stocks rally, with Wharf REIC jumping nearly 8 per cent and new economy stocks having another good day
Genting Hong Kong warns of deeper losses, wins debt reprieve as coronavirus cripples cruise industry

Malaysian-owned cruise operator sees more headwinds ahead as a spike in Covid-19 cases in various countries dents hopes for a swift rebound in the travel and leisure industry.

3 Aug 2020 - 10:58PM

Malaysian-owned cruise operator sees more headwinds ahead as a spike in Covid-19 cases in various countries dents hopes for a swift rebound in the travel and leisure industry.

Genting Hong Kong warns of deeper losses, wins debt reprieve as coronavirus cripples cruise industry
Hang Seng Index slammed by Covid-19 concerns, aerospace stocks add fuel to Shanghai bourse’s best gain in 17 months

Financial and property stocks weigh on the Hang Seng Index as Hong Kong prepares for more Covid-19 cases. Aerospace stocks power the Shanghai bourse, adding to its best gain in 17 months in July.

3 Aug 2020 - 5:12PM

Financial and property stocks weigh on the Hang Seng Index as Hong Kong prepares for more Covid-19 cases. Aerospace stocks power the Shanghai bourse, adding to its best gain in 17 months in July.

Hang Seng Index slammed by Covid-19 concerns, aerospace stocks add fuel to Shanghai bourse’s best gain in 17 months
Logistics and delivery companies see profits soar as coronavirus boosts e-commerce, demand for medical goods

They face challenges, however, as many of the businesses they rely on shrink or close down altogether in what promises to be a prolonged global recession.

4 Aug 2020 - 5:26PM

They face challenges, however, as many of the businesses they rely on shrink or close down altogether in what promises to be a prolonged global recession.

Logistics and delivery companies see profits soar as coronavirus boosts e-commerce, demand for medical goods
Beijing watchdogs to punish Luckin Coffee, related firms after confirming US$300 million accounting fraud

Announcement from two regulators places the beleaguered Luckin Coffee in the spotlight again after the US$300 million scandal led to its delisting from Nasdaq.

31 Jul 2020 - 10:19PM

Announcement from two regulators places the beleaguered Luckin Coffee in the spotlight again after the US$300 million scandal led to its delisting from Nasdaq.

Beijing watchdogs to punish Luckin Coffee, related firms after confirming US$300 million accounting fraud
Chinese property managers replenish cash, eye M&A targets as coronavirus spurs industry consolidation

Property management companies are raising cash for potential M&A deals, eyeing targets in anticipation of an industry consolidation, Zhou Hongbin, CEO of Ever Sunshine, says in interview.

29 Jul 2020 - 4:55PM

Property management companies are raising cash for potential M&A deals, eyeing targets in anticipation of an industry consolidation, Zhou Hongbin, CEO of Ever Sunshine, says in interview.

Chinese property managers replenish cash, eye M&A targets as coronavirus spurs industry consolidation
Luckin Coffee co-founder sells stake in Car Inc, China’s largest car rental firm, to BAIC subsidiary for US$180.6 million

Chinese ride-hailing services provider UCar, which is controlled by co-founder of scandal-hit Luckin Coffee, will sell all its shares in the country’s largest car rental company to state-owned car maker BAIC Group.

20 Jul 2020 - 10:39PM

Chinese ride-hailing services provider UCar, which is controlled by co-founder of scandal-hit Luckin Coffee, will sell all its shares in the country’s largest car rental company to state-owned car maker BAIC Group.

Luckin Coffee co-founder sells stake in Car Inc, China’s largest car rental firm, to BAIC subsidiary for US$180.6 million
Evergrande puts 223 properties on chopping block as list hits WeChat, online platforms, following back-to-back profit warnings

China’s biggest developer by sales Evergrande puts a long list of commercial properties for sale in a sign of stress after issuing two back-to-back profit warnings in the past year.

20 Jul 2020 - 11:30AM

China’s biggest developer by sales Evergrande puts a long list of commercial properties for sale in a sign of stress after issuing two back-to-back profit warnings in the past year.

Evergrande puts 223 properties on chopping block as list hits WeChat, online platforms, following back-to-back profit warnings
Meilan airport completes expansion to double its capacity to receive travellers and holidaymakers in ‘China’s Hawaii’

The trial flight and the completion of Meilan’s expansion would be a boon for the island province dubbed “China’s Hawaii,” increasing its capacity to receive the 90 million duty-free shoppers, holidaymakers, pensioners and business travellers – according to the local authorities’ plans – who visit the tropical island.

17 Jul 2020 - 6:36PM

The trial flight and the completion of Meilan’s expansion would be a boon for the island province dubbed “China’s Hawaii,” increasing its capacity to receive the 90 million duty-free shoppers, holidaymakers, pensioners and business travellers – according to the local authorities’ plans – who visit the tropical island.

Meilan airport completes expansion to double its capacity to receive travellers and holidaymakers in ‘China’s Hawaii’
Huizhou’s air link with Hulunbuir opens up Greater Bay Area city to northern China, belt and road neighbours

The new route focuses on serving tourists, but also facilitates trade between Greater Bay Area and cities in northern China, Russia and Mongolia, say experts.

14 Jul 2020 - 3:57PM

The new route focuses on serving tourists, but also facilitates trade between Greater Bay Area and cities in northern China, Russia and Mongolia, say experts.

Huizhou’s air link with Hulunbuir opens up Greater Bay Area city to northern China, belt and road neighbours
Scandal-hit jeweller Kingold named and shamed, as China financial regulator calls for stricter risk management

The China Banking and Insurance Regulatory Commission confirmed the scandal involving Nasdaq-listed Kingold Jewelry for the first time, as it stressed the need to clamp down on financial irregularities and fraud over the weekend.

13 Jul 2020 - 9:41PM

The China Banking and Insurance Regulatory Commission confirmed the scandal involving Nasdaq-listed Kingold Jewelry for the first time, as it stressed the need to clamp down on financial irregularities and fraud over the weekend.

Scandal-hit jeweller Kingold named and shamed, as China financial regulator calls for stricter risk management
Hong Kong Airlines defers US$24 million in semi-annual interest payments on bond, raises doubts over repayment of mounting debt

Hong Kong Airlines, the city’s third-largest carrier, notified bondholders on Wednesday that it will defer US$24.33 million in semi-annual interest payments for a perceptual bond due on July 26.

10 Jul 2020 - 7:02AM

Hong Kong Airlines, the city’s third-largest carrier, notified bondholders on Wednesday that it will defer US$24.33 million in semi-annual interest payments for a perceptual bond due on July 26.

Hong Kong Airlines defers US$24 million in semi-annual interest payments on bond, raises doubts over repayment of mounting debt
Hong Kong, mainland stocks rack up weekly gains on latest signs China’s economic recovery is speeding up

Data continues to point to steady recovery in China, boosting investor sentiment. The Hang Seng Index is on track for its third session of gains this week. The Shanghai Composite Index recorded a 5.8 per cent gain this week, which was its third-straight weekly advance.

3 Jul 2020 - 5:02PM

Data continues to point to steady recovery in China, boosting investor sentiment. The Hang Seng Index is on track for its third session of gains this week. The Shanghai Composite Index recorded a 5.8 per cent gain this week, which was its third-straight weekly advance.

Hong Kong, mainland stocks rack up weekly gains on latest signs China’s economic recovery is speeding up
Chinese benchmark indices recoup Covid-19 losses, Hong Kong stocks kick off third quarter with biggest gain in over three months

Major mainland Chinese stock indices have now recouped all losses suffered since January 23, when a citywide quarantine in Wuhan, capital of the central Hubei province, effectively kicked off a three-month lockdown in many parts of the country.

2 Jul 2020 - 6:18PM

Major mainland Chinese stock indices have now recouped all losses suffered since January 23, when a citywide quarantine in Wuhan, capital of the central Hubei province, effectively kicked off a three-month lockdown in many parts of the country.

Chinese benchmark indices recoup Covid-19 losses, Hong Kong stocks kick off third quarter with biggest gain in over three months
Shanghai Composite hits nearly four-month high as gauge shows better-than-expected expansion by private factories in June

The Caixin/Markit Purchasing Managers' Indexes (PMI), a gauge indicating factory output of smaller private companies, was 51.2 in June, stronger than the 50.5 market expectation and its best reading since December. It was the latest sign that China’s economy is slowly recovering.

1 Jul 2020 - 6:15PM

The Caixin/Markit Purchasing Managers' Indexes (PMI), a gauge indicating factory output of smaller private companies, was 51.2 in June, stronger than the 50.5 market expectation and its best reading since December. It was the latest sign that China’s economy is slowly recovering.

Shanghai Composite hits nearly four-month high as gauge shows better-than-expected expansion by private factories in June
Hong Kong stocks turn in stellar June, gaining 6 per cent in the month, even as China enacts controversial security law

The Hang Seng Index posted its second monthly gain of 2020 in June. Still, the benchmark has declined about 14 per cent this year.

30 Jun 2020 - 7:33PM

The Hang Seng Index posted its second monthly gain of 2020 in June. Still, the benchmark has declined about 14 per cent this year.

Hong Kong stocks turn in stellar June, gaining 6 per cent in the month, even as China enacts controversial security law
Hong Kong stocks slide as a resurgence in coronavirus cases shakes optimism for swift economic recovery

A resurgence in coronavirus infections from Beijing to cities across America sends the Hang Seng Index into a third consecutive day of losses, while global death toll mounts.

29 Jun 2020 - 4:58PM

A resurgence in coronavirus infections from Beijing to cities across America sends the Hang Seng Index into a third consecutive day of losses, while global death toll mounts.

Hong Kong stocks slide as a resurgence in coronavirus cases shakes optimism for swift economic recovery
CK Asset’s bet on home demand pays off as Hong Kong buyers shrug aside US law to snap up Tseung Kwan O’s costliest launch

Hong Kong’s residential property market is struggling to find its footing, after a decade-long bull run was stopped in its tracks by more than a year of anti-government protests, an unceasing US-China trade war and the city’s worst recession on record brought by the coronavirus pandemic.

27 Jun 2020 - 10:15PM

Hong Kong’s residential property market is struggling to find its footing, after a decade-long bull run was stopped in its tracks by more than a year of anti-government protests, an unceasing US-China trade war and the city’s worst recession on record brought by the coronavirus pandemic.

CK Asset’s bet on home demand pays off as Hong Kong buyers shrug aside US law to snap up Tseung Kwan O’s costliest launch
Record number of Chinese property management companies expected to flock to Hong Kong for IPOs this year

More Chinese property management companies are expected to go public in Hong Kong this year, even hit a record high, as the coronavirus has revealed the segment’s importance.

26 Jun 2020 - 11:03PM

More Chinese property management companies are expected to go public in Hong Kong this year, even hit a record high, as the coronavirus has revealed the segment’s importance.

Record number of Chinese property management companies expected to flock to Hong Kong for IPOs this year
Hang Seng Index ends with weekly loss, but remains on track for second monthly advance in turbulent 2020

Traders are weighing hopeful feelings – economic recovery, lots of liquidity and an eventual vaccine – against scary ones – rising US-China tensions and virus outbreaks in the US and elsewhere.

26 Jun 2020 - 5:25PM

Traders are weighing hopeful feelings – economic recovery, lots of liquidity and an eventual vaccine – against scary ones – rising US-China tensions and virus outbreaks in the US and elsewhere.

Hang Seng Index ends with weekly loss, but remains on track for second monthly advance in turbulent 2020
China’s regulator gets tough on insider trading as it metes out record penalty on wrongdoers in the financial markets

The regulator is getting tough in its resolve to instil financial discipline in Asia’s largest capital market, as a wave of cheap money - unleashed to help global economies recover from the coronavirus pandemic - is finding its way into the world’s equities and money markets.

25 Jun 2020 - 11:16PM

The regulator is getting tough in its resolve to instil financial discipline in Asia’s largest capital market, as a wave of cheap money - unleashed to help global economies recover from the coronavirus pandemic - is finding its way into the world’s equities and money markets.

China’s regulator gets tough on insider trading as it metes out record penalty on wrongdoers in the financial markets
Hong Kong airport operator receives US$4.9 billion in loans from 21 banks, says amount shows confidence in city’s aviation sector

Airport Authority Hong Kong, which runs the city’s airport, said on Tuesday it had secured five-year loan facilities worth HK$35 billion (US$4.9 billion) from 21 local and international banks.

23 Jun 2020 - 9:02PM

Airport Authority Hong Kong, which runs the city’s airport, said on Tuesday it had secured five-year loan facilities worth HK$35 billion (US$4.9 billion) from 21 local and international banks.

Hong Kong airport operator receives US$4.9 billion in loans from 21 banks, says amount shows confidence in city’s aviation sector
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
Return of coronavirus in Beijing threatens to derail Chinese airlines’ recovery as 1,255 flights cancelled amid tighter travel restrictions

About two thirds of flights in and out of the capital were cancelled on Wednesday as authorities raced to contain a potential second wave.

18 Jun 2020 - 9:40AM

About two thirds of flights in and out of the capital were cancelled on Wednesday as authorities raced to contain a potential second wave.

Return of coronavirus in Beijing threatens to derail Chinese airlines’ recovery as 1,255 flights cancelled amid tighter travel restrictions
US and China regulators reopen some air routes, letting some carriers to fly again as they back off from aviation standoff

The reciprocal moves reflect the horse trading that two world’s two largest economies have to engage in, as they each struggle to restore growth amid the worst slump created by the coronavirus pandemic.

16 Jun 2020 - 9:53PM

The reciprocal moves reflect the horse trading that two world’s two largest economies have to engage in, as they each struggle to restore growth amid the worst slump created by the coronavirus pandemic.

US and China regulators reopen some air routes, letting some carriers to fly again as they back off from aviation standoff
Neighbours shocked by armed kidnap of Midea tycoon He Xiangjian at his well-guarded luxury villa in Foshan, China

The upmarket residential golf resort where Midea’s founder He Xiangjian was abducted has 24-hour manned security booths at the main gate and various checkpoints, while He reportedly has his own security guard.

15 Jun 2020 - 6:38PM

The upmarket residential golf resort where Midea’s founder He Xiangjian was abducted has 24-hour manned security booths at the main gate and various checkpoints, while He reportedly has his own security guard.

Neighbours shocked by armed kidnap of Midea tycoon He Xiangjian at his well-guarded luxury villa in Foshan, China