Maggie Zhang

Maggie Zhang

Latest from Maggie Zhang

Vanishing boss of Chinese US$5.1 billion hedge fund casts financial regulations in harsh light
Alibaba, JD.com and WeChat give age-old Shanghai ice pop brand a new lease of life
Why China should worry if it keeps its 45 per cent tax rate on top earners

High rates, if unchanged, are impetus for talent exodus, argue eight academics in a submission to the public consultation by Beijing ahead of the individual tax code review

23 Jul 2018 - 11:04PM

High rates, if unchanged, are impetus for talent exodus, argue eight academics in a submission to the public consultation by Beijing ahead of the individual tax code review

Why China should worry if it keeps its 45 per cent tax rate on top earners
China’s yuppies think US$462,300 needed to raise, educate a child, study shows
Shanghai savers sound the alarm as more P2P lenders fail to return funds
Shanghai remains investment destination of choice as reforms attract US$21.5b in first half
Spike in traffic for insurance products on Alipay, WeChat after hit Chinese comedy inspires uptake

Dying to Survive, a Chinese comedy loosely based on the real life stories of leukaemia patients walking on the wrong side of the law to access cheap generic Indian drugs, has earned more than US$300 million in the first nine days of its release. And mainland insurers are hoping it will bring a windfall for them as well.

15 Jul 2018 - 8:20PM

Dying to Survive, a Chinese comedy loosely based on the real life stories of leukaemia patients walking on the wrong side of the law to access cheap generic Indian drugs, has earned more than US$300 million in the first nine days of its release. And mainland insurers are hoping it will bring a windfall for them as well.

Spike in traffic for insurance products on Alipay, WeChat after hit Chinese comedy inspires uptake
Is Tesla’s Shanghai plant announcement a matter of auspicious timing?
Tesla sets up Shanghai beach head with wholly-owned plant in world’s largest electric car market
Tesla raises prices in China by 20pc, adding US$21,000 to the cost of a Model S after Beijing rolls out counter tariffs
Why China’s high-income earners dread the new tax law that will come into effect in January
Chinese company profits could become collateral damage in escalating US trade war
Fosun unit Sisram Medical says China will be its largest market as demand for cosmetic laser surgery rises

The conglomerate’s laser maker expects China to contribute 35 per cent of its revenue by 2023 as demand for aesthetic treatments increases

9 Jul 2018 - 11:52AM

The conglomerate’s laser maker expects China to contribute 35 per cent of its revenue by 2023 as demand for aesthetic treatments increases

Fosun unit Sisram Medical says China will be its largest market as demand for cosmetic laser surgery rises
After fast track Shanghai listing, mainland biotech firm WuXi AppTec set for Hong Kong IPO
Hangzhou, China’s answer to ‘Silicon Valley’, is a hit with returning graduates, study finds
Can a bear equity market ignite interest in fine wines as an alternative investment in China?

China’s rise as the world’s second biggest wine market will also benefit Hong Kong, which is the region’s auction and trading hub for fine wines

28 Jun 2018 - 10:06PM

China’s rise as the world’s second biggest wine market will also benefit Hong Kong, which is the region’s auction and trading hub for fine wines

Can a bear equity market ignite interest in fine wines as an alternative investment in China?
Nimble Chinese firms outgrow foreign rivals in world’s second largest consumer market for sixth straight year

Domestic companies’ speed in responding to rapidly evolving consumer tastes in China helps them to achieve growth of 7.7pc in 2017 versus a mere 0.4pc for overseas competitors

27 Jun 2018 - 11:14PM

Domestic companies’ speed in responding to rapidly evolving consumer tastes in China helps them to achieve growth of 7.7pc in 2017 versus a mere 0.4pc for overseas competitors

Nimble Chinese firms outgrow foreign rivals in world’s second largest consumer market for sixth straight year
More Chinese unicorns prefer to raise capital in Hong Kong than any other market, survey shows
UK private equity firm Actis targets sharp rise in Asian investors

Company’s partner in charge of global fundraising says in the next 5-7 years, Asian investors are expected to account for 30pc, up from the current 20pc of entire 235 client base

18 Jun 2018 - 9:45AM

Company’s partner in charge of global fundraising says in the next 5-7 years, Asian investors are expected to account for 30pc, up from the current 20pc of entire 235 client base

UK private equity firm Actis targets sharp rise in Asian investors
UK’s WorldFirst set to be first foreign firm allowed into China’s payment services industry
Debt defaults to rise as China focuses on tackling bloated state enterprises, local governments in deleveraging drive

China’s top financial regulator says the focus is on state companies and local governments in the government’s structural deleveraging drive to ward off future financial risks.

14 Jun 2018 - 10:19PM

China’s top financial regulator says the focus is on state companies and local governments in the government’s structural deleveraging drive to ward off future financial risks.

Debt defaults to rise as China focuses on tackling bloated state enterprises, local governments in deleveraging drive
Asian cities poised to carry the torch for the smart city movement

McKinsey report says Asia’s next generation of professionals are not only more accepting of doing things the digital way, but already demand a seamless experience

13 Jun 2018 - 10:34PM

McKinsey report says Asia’s next generation of professionals are not only more accepting of doing things the digital way, but already demand a seamless experience

Asian cities poised to carry the torch for the smart city movement
China state planner and top bank set up US$47 billion fund to invest in emerging industries
Standard Chartered says it will apply to operate a virtual bank in Hong Kong
Hong Kong’s health care expertise can unlock potential of ‘Greater Bay Area’, says former financial secretary
GM gears up for rapid new-energy vehicle expansion

US car giant predicts a ‘substantial’ share of its 20 new all-electric vehicles to be introduced by 2023, will be sold in China

5 Jun 2018 - 10:42PM

US car giant predicts a ‘substantial’ share of its 20 new all-electric vehicles to be introduced by 2023, will be sold in China

GM gears up for rapid new-energy vehicle expansion
Chinese banks in push to spin-off asset management units
China tightens supervision of money market funds by capping same-day redemption at US$1,560
Hang Seng Bank’s investment arm slapped with US$382,000 fine

It’s Hang Seng Investment Management’s (HSIM) first disciplining by the securities watchdog. Regulator said it failed to meet requirements on cash management of funds. Firm will also make HK$875,648 payment of resultant shortfall

31 May 2018 - 9:35PM

It’s Hang Seng Investment Management’s (HSIM) first disciplining by the securities watchdog. Regulator said it failed to meet requirements on cash management of funds. Firm will also make HK$875,648 payment of resultant shortfall

Hang Seng Bank’s investment arm slapped with US$382,000 fine
Will China’s debt woes develop into a full-blown banking crisis?

With bonds worth more than US$ 3 trillion due to expire within the next 12 months, fears of a wave of defaults are growing

31 May 2018 - 11:35PM

With bonds worth more than US$ 3 trillion due to expire within the next 12 months, fears of a wave of defaults are growing

Will China’s debt woes develop into a full-blown banking crisis?