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Peggy Sito
Business Editor
Peggy Sito, the South China Morning Post’s Business Editor, started as a business reporter. Prior to the position of Business Editor, she had been the Post’s Deputy Business Editor since 2016. Over the years, she won various news awards from Hong Kong Consumer Council, the Newspaper Society of Hong Kong and the Society of Publishers in Asia.
Peggy Sito, the South China Morning Post’s Business Editor, started as a business reporter. Prior to the position of Business Editor, she had been the Post’s Deputy Business Editor since 2016. Over the years, she won various news awards from Hong Kong Consumer Council, the Newspaper Society of Hong Kong and the Society of Publishers in Asia.
Areas of Expertise:
Markets, M&A/IPO, property
Languages Spoken:
English, Mandarin
Acquisition of 41,226 sq ft plot – which could yield 570 homes – reflects confidence in the property market’s recovery as sales rebound.
The city holds distinct advantages over other arbitration centres due to its proximity to mainland China, Christopher Bogart says.
Fresh from three years on Saudi Arabia’s huge smart-city project, Wong aims to harness ecosystem effects to step up innovation in the city.
Chairman Chen Liang says booming Asian wealth management sector and AI will drive future growth.
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As Macau diversifies beyond gaming, wellness clinics are emerging as the next big pillar of the Greater Bay Area’s economy.
Playbook to growing a sustainable charity involves viewing it as a start-up, says Luen Thai CEO Raymond Tan.
Fosun Health is targeting medical tourists from South Asia, Southeast Asia and the Middle East, CEO Frank Hu Hang says.
HSBC offers to buy subsidiary Hang Seng Bank’s shares for HK$155 each, according to an exchange filing on Thursday.
The latest ranking reflects Hong Kong’s efforts to burnish its credentials as a major international financial hub.
City could rebuild its role in expediting trade between mainland China and global markets, CEO of United Arab Emirates’ Zand says.
After more than two years of new flats selling for less than second-hand units, the price gap has started to narrow, analyst says.
The transaction marks the Hong Kong government’s first residential plot sale this financial year.
Located at 79 Deep Water Bay Road in the Southern district of Hong Kong Island, the mansion features three stories sitting atop an elevated podium with a swimming pool.
A survey sponsored by BOC Life says 24 per cent of Hongkongers are willing to retire outside the city versus less than 5 per cent 10 years ago.
Zhangyuan, a 140-year-old compound in Shanghai, is an urban regeneration project offering 140,000 square metres of gross floor area.
City’s daily average visitor arrivals to hit 110,000 in July and August, up 2.2 per cent from 107,628 a year earlier, tourism chief says.
New World reaches sales goal thanks in part to success of Deep Water Pavilia project in Wong Chuk Hang.
After 25 years promoting the city as an investment destination, InvestHK is now championing Hong Kong companies’ overseas expansion.
SJM Holdings, which has nine of the 11 satellite casinos to be shut, was seen as the biggest winner, with its stock jumping 6.3 per cent in Hong Kong.
Development of the island, which is three times Macau’s size, would boost the economy and its diversification, Francis Lui Yiu-tung says.
NEXX Global and Tojoy are among companies seeking to establish a presence in the Middle East and explore new markets in Europe.
Thomas Hui To says acquisition of shares in Young Lion Holdings reflects his ‘firm confidence in TVB’s sustained growth trajectory’.
The development marks a pivotal step in strengthening Hong Kong’s position as a strategic commodities hub in Asia, industry leaders say.
‘The talks went smoothly and the stakeholders are supportive of the deal,’ a source says.
Singapore’s GIC and Temasek were among the most aggressive, accounting for three-quarters of capital deployed by Asian state investors.
Morgan Stanley raised its year-end index targets for MSCI China and Hang Seng by more than 7 per cent on improved outlook for earnings and valuations.
CK Hutchison said it would sell 80 per cent of its stakes in 43 ports in 23 countries, including Panama but excluding mainland China and Hong Kong.
Francis Lui adds the opulent Capella hotel to the second-largest casino and resort operator’s growing universe of lodgings and attractions.
