Karen Yeung

I joined the SCMP in 2017 after over 15 years experience with global newswires in Hong Kong and Shanghai. I am a geek in China's ambitions and spent 8 years in Shanghai. I have received awards for best focus, best analysis and best agenda-setting.

A woman wears a protective face mask to fight bad air pollution on a street in Beijing this summer. Photo: AFP

Money News

China leads global focus on green financing, says top PBOC official

22 Sep 2018 - 8:01am 4

The Hong Kong dollar surged by as much as 0.63 per cent to 7.7930 per US dollar on Friday. Photo: Shutterstock

Banking & Finance

Hong Kong dollar rises after China says will sell bills in city

21 Sep 2018 - 11:28pm 2

Chinese stocks slip lower, taking breather after recent gains related to Beijing’s stabilising measures

Stock Talk

Chinese stocks slip lower, taking breather after gains related to stabilising measures

20 Sep 2018 - 7:32pm

Marina Bay in Singapore. A Ping An offshoot is targeting wealthy investors in the southeast Asian republic. Photo: Reuters

Wealth

Ping An to cast tech spotlight on Singapore’s wealth market

20 Sep 2018 - 11:03pm

Chinese stocks continued to rise for a second day on Wednesday. Photo: AP Photo

Stock Talk

China, Hong Kong stocks rally on optimism that US tariffs are priced in

19 Sep 2018 - 5:29pm

China’s yuan is gradually depreciating towards the psychologically important level of 6.9 per US dollar. Photo: Bloomberg

Banking & Finance

PBOC lowers yuan fix to three-week low after fresh tariff salvo by Washington

18 Sep 2018 - 11:43pm

Hong Kong stocks were under pressure in morning trade on Tuesday, hours after Washington formally unveiled new tariffs on US$200 billion worth of Chinese goods. They pared back those losses to end higher. Photo: Dickson Lee

Markets

Stocks rise on hopes China will act to boost economy amid trade war

18 Sep 2018 - 5:26pm 1

Investors are staying cautious as they brace for the US to announce further tariffs on Chinese goods this week. Photo: AP

China Business

China and Hong Kong stocks fall as new US tariffs seem a done deal

17 Sep 2018 - 11:08pm

Hong Kong’s Central business district. It is expected that China Investment Fund will be included in the list of firms traded through the Hong Kong and Shenzhen Stock Connect. Photo: AFP

Stock Talk

China Investment Fund surges by 22 per cent on new share placement

10 Sep 2018 - 4:32pm

A currency dealer in Quetta, Pakistan. As of the end of the second quarter, overseas institutional and individual holdings of yuan-denominated financial assets totalled US$717 billion, according to ICBC International. Photo: AFP

Economy

Why the trade war is helping China achieve a long-term financial goal

9 Sep 2018 - 11:20pm 133

Entertainment Plus dominates the online ticketing sector in China with a 60.9 per cent market share. Photo: Handout

Companies

Tencent-backed Entertainment Plus seeks US$1 billion Hong Kong listing

4 Sep 2018 - 10:46pm

Mainland workers push a locally manufactured steel structure. Photo: AFP

Banking & Finance

PBOC adviser warns against rapid deterioration of corporate debt quality

3 Sep 2018 - 6:48pm

A brokerage house in Shanghai. MSCI also increased the weighting of Chinese large caps to about 0.8 per cent of the index from 0.4 per cent. Photo: Reuters

Stock Talk

Demand for A shares to rise after second phase of MSCI inclusion

1 Sep 2018 - 6:02am

The first batch of virtual bank licences is expected to be issued around the end of this year or the first quarter of 2019. Photo: Shutterstock

Wealth

Hong Kong virtual bank licence will be out of reach for all but a few, says fintech boss

31 Aug 2018 - 5:47pm

An employee uses a machine to count 100 yuan notes at a bank in Shanghai. The People’s Bank of China said on Friday it would proactively guide the market in the face of a stronger US dollar and the ongoing trade war between Washington and Beijing. Photo: AFP

Stock Talk

Stocks rally after Chinese central bank moves to stabilise yuan

27 Aug 2018 - 11:05pm

The yuan has slid against the US dollar this year. Photo: Kyodo

Stock Talk

Offshore yuan rallies, briefly touching 1-month high after fix tweak

27 Aug 2018 - 6:49pm 1

Hong Kong stocks slipped for a second session as investors worried about interest rates and the US-China trade war. Photo: Sam Tsang

Stock Talk

Hong Kong stocks slip again as trade war, interest rate uncertainties weigh

24 Aug 2018 - 9:00pm

An employee counts HK$1,000 banknotes inside the Hang Seng Bank. Photo: Bloomberg

Wealth

Monetary Authority steps in – again – to prop up Hong Kong dollar

24 Aug 2018 - 6:01pm 7

Shares on Hong Kong’s stock exchange, shown above, have been weighed down by the US-China trade war and expected higher borrowing costs. Photo: Sam Tsang

Stock Talk

Hong Kong stocks retreat on signal of coming US rate rise

23 Aug 2018 - 6:44pm

Hong Kong stocks closed higher on Wednesday. Photo: Sam Tsang

Market Snapshot

Hong Kong stocks rise to one-week high, led by Ping An Insurance

22 Aug 2018 - 7:14pm 1

AAC Technologies, a major supplier of components to Apple, reported a fall in second-quarter net profit. Photo: AP

Companies

Shares in Apple supplier AAC touch lowest in 18 months as earnings fall short

22 Aug 2018 - 11:02pm

Hong Kong’s Hang Seng Index gained slightly on Tuesday as pharmaceuticals and developers rose. Photo: Shutterstock

Stock Talk

Hong Kong stocks rise as developers, health care firms gain

21 Aug 2018 - 6:47pm

Hong Kong shares rose on Monday, recovering some of their recent losses. Photo: Sam Tsang

Stock Talk

Hong Kong, China stocks get lift from trade talks and call for banks to lend more

20 Aug 2018 - 7:21pm 1

The yuan strengthened this week, but is down about 10 per cent against the US dollar since its March peak. Photo: EPA

Wealth

Yuan strengthens on reports of lending curbs by central bank

17 Aug 2018 - 11:13pm 1

On Wednesday, the HKMA bought HK$14.6 billion as the Hong Kong dollar fell to the lower limit of its permitted trading band. Photo: Shutterstock

Money

Hong Kong props up currency again as higher mortgages loom

16 Aug 2018 - 11:05pm 9

China’s Ministry of Justice last week said it was seeking consultation from the public over banning the expansion of companies in the non-profit school sector through mergers and acquisitions, by additions to franchise chains or by partnerships in management. Photo: Simon Song

Stock Talk

Chinese education shares dive again on policy uncertainty

15 Aug 2018 - 7:22pm

Under its currency board system, the Hong Kong Monetary Authority must keep the local currency within a trading range between 7.75 to 7.85 per dollar. Above: an employee counts Hong Kong one thousand dollar banknotes. Photo: Bloomberg

Wealth

Hong Kong bolsters dollar, sending key rate close to tipping point

15 Aug 2018 - 11:52pm 5

Sunny Optical shares gained 194 per cent in 2017. Photo: Edward Wong

Stock Talk

Sunny Optical shares post biggest fall on record after company misses profit forecasts

14 Aug 2018 - 10:43pm

Bundles of 100 yuan notes at a bank in Shanghai Photo: AFP

Stock Talk

China lowers yuan fixing to three-week low amid Turkey currency crisis

13 Aug 2018 - 9:51pm

A woman walks past a bank electronic board showing the Hong Kong share index outside a Hong Kong local bank on Aug. 13, 2018. Photo: AP

Stock Talk

Mainland education shares plunge in Hong Kong

13 Aug 2018 - 11:09pm

Fears of more volatility from the Turkish crisis spilling over to Asia are keeping investors at bay. Photo: Dickson Lee

Stock Talk

Hong Kong stocks fall as Turkish currency turmoil roils Asian markets

13 Aug 2018 - 5:39pm

The developer offered discounts of up to 16 per cent, selling out 85 per cent of available units at the end of the day

Companies

Buyers shrug off Hong Kong’s rising mortgage rates to snap up flats

11 Aug 2018 - 11:31pm 27

The People’s Bank of China devalued the yuan by nearly 3 per cent against the US dollar in two days on August 11 and 12, 2015. Photo: AFP

Banking & Finance

Devaluation anniversary: Yuan extends poor run for ninth week

10 Aug 2018 - 8:28pm

Turkey’s crisis has rattled global currency and stock markets, including those in Hong Kong. Photo: Alamy

Stock Talk

Hong Kong stocks fall to snap a four-day gain; hit by Turkish crisis

10 Aug 2018 - 6:31pm

China tech stocks rip higher after Beijing revamps national technology leadership group

Stock Talk

Tech stocks rise after Beijing revamps IT sector central planning

9 Aug 2018 - 7:57pm

Hong Kong stocks end higher amid upbeat company earnings, led by casino groups; Cathay Pacific drifts lower after first half loss

Stock Talk

Hong Kong stocks end higher amid upbeat earnings; casino groups lead gainers

8 Aug 2018 - 6:47pm

China’s yuan continued to strengthen as worries over capital outflows eased. Photo: AFP

Stock Talk

China’s yuan extends gains as capital outflow worries ease

8 Aug 2018 - 6:21pm 4

China stocks surged as regulators allow pension funds to enter the domestic markets. Photo: AFP

Companies

China stock market rises most in 2 years as pension funds granted entry

7 Aug 2018 - 7:07pm 1

Hong Kong’s biggest telecoms firm HKT sees shares fall most in 12 weeks as managing director retires

Stock Talk

Shares in Hong Kong’s HKT slump as managing director retires

7 Aug 2018 - 10:38pm

Hong Kong stocks posted marginal gains on Monday, halting a five-day decline. Photo: AFP

Stock Talk

Hong Kong stocks rise on better Hang Seng Bank, HSBC earnings

6 Aug 2018 - 7:04pm

Yuan erases gains as central bank’s move to stifle short-selling is not enough to halt the slide

Stock Talk

Yuan erases gains, defies central bank’s latest move to halt slide

6 Aug 2018 - 7:23pm

Until July’s vaccine scandal, China had no provision for expelling polluters or even makers of toxic foodstuff from the stock market. The annual delisting ratio was 0.2 per cent since 2001, well below 10 per cent in the US

Stock Talk

How hard will China’s securities regulator bite, now that it has teeth?

4 Aug 2018 - 7:50pm 3

Victor Li, left, speaks with his father, Hong Kong tycoon Li Ka-shing, at a press conference on March 16. The eldest son took the reins from his father at his retirement in May. Photo: AP

Companies

CK Asset reports 20 per cent gain in first-half core profit, solidly beating estimates

2 Aug 2018 - 11:12pm 1

A construction site for a residential tower in Shanghai. Chinese property developers are buying back their own shares as the outlook for their business dims in the face of government measures to cool the housing market. Photo: AFP

Stock Talk

As prospects dim, Chinese developers step in to prop up their shares

29 Jul 2018 - 10:58pm 8

Hong Kong’s benchmark Hang Seng Index is trading at about seven-month lows, dropping in line with China’s stock market. Photo: AFP

Stock Talk

Hong Kong’s currency war chest reports 80 per cent decline in income

27 Jul 2018 - 11:41pm

Market analysts cite technical resistance as a factor in the downbeat session; investors to focus on interim corporate earnings in coming weeks

Stock Talk

Hong Kong stocks led lower by declines in banks and insurers

26 Jul 2018 - 5:23pm

The Chinese yuan falls to a 13-month on Tuesday. Photo: Bloomberg

Banking & Finance

China’s yuan falls to 13-month low after cabinet’s growth support remarks

24 Jul 2018 - 6:08pm 11