Ryan Swift

Hong Kong

Ryan Swift

Senior reporter, Business 

Ryan Swift is a senior business reporter focused on wealth management, green business, the shipping industry and the gaming industry. He was chief editor of The Peak and Asia-Pacific Boating magazines.

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Latest from Ryan Swift

China plans to restructure meat supply system after triple health scares sparked by animal virus: Jefferies

China is likely to restructure its meat production and distribution system once the coronavirus outbreak recedes, according to analysts at Jefferies. Producers of plant-based meat substitutes could benefit too, it said.

13 Feb 2020 - 1:02PM

China is likely to restructure its meat production and distribution system once the coronavirus outbreak recedes, according to analysts at Jefferies. Producers of plant-based meat substitutes could benefit too, it said.

China plans to restructure meat supply system after triple health scares sparked by animal virus: Jefferies
Deliveroo, Foodpanda enjoy brisk orders in Hong Kong as coronavirus scare entrenches eat-at-home habit

Food delivery firms, which saw brisk orders during the depths of Hong Kong’s social unrest in 2019, are enjoying another spike in demand as the coronavirus outbreak entrenches eat-at-home habit.

14 Feb 2020 - 4:32PM

Food delivery firms, which saw brisk orders during the depths of Hong Kong’s social unrest in 2019, are enjoying another spike in demand as the coronavirus outbreak entrenches eat-at-home habit.

Deliveroo, Foodpanda enjoy brisk orders in Hong Kong as coronavirus scare entrenches eat-at-home habit
Wynn Macau says it is losing more than US$2 million a day amid casino closures

Wynn Macau, one of Macau’s six gaming concessionaires, said the closure of the special administrative region’s casinos was costing it between US$2.4 million and US$2.6 million a day, most of it towards maintaining more than 12,000 staff.

7 Feb 2020 - 5:06PM

Wynn Macau, one of Macau’s six gaming concessionaires, said the closure of the special administrative region’s casinos was costing it between US$2.4 million and US$2.6 million a day, most of it towards maintaining more than 12,000 staff.

Wynn Macau says it is losing more than US$2 million a day amid casino closures
Lee Shau-kee crowned Hong Kong’s richest man in latest survey by Forbes Asia, Li Ka-shing in second spot after decades at the top

For the first time in nearly a generation, Li Ka-shing is not the richest man in Hong Kong, according to the newly released list of Hong Kong’s richest tycoons by Forbes Asia. Li’s wealth dropped to US$29.4 billion in 2020 from US$32 billion in 2019, putting him at No. 2.

6 Feb 2020 - 10:51PM

For the first time in nearly a generation, Li Ka-shing is not the richest man in Hong Kong, according to the newly released list of Hong Kong’s richest tycoons by Forbes Asia. Li’s wealth dropped to US$29.4 billion in 2020 from US$32 billion in 2019, putting him at No. 2.

Lee Shau-kee crowned Hong Kong’s richest man in latest survey by Forbes Asia, Li Ka-shing in second spot after decades at the top
Macau casino operators face revenue slump as analysts pin hopes on ‘pent-up’ rebound in second-half

Macau casino operators are likely to write off their performance in the first quarter as the number of visitors shrink and they comply with an order to shut their premises to help contain the coronavirus outbreak.

5 Feb 2020 - 10:33PM

Macau casino operators are likely to write off their performance in the first quarter as the number of visitors shrink and they comply with an order to shut their premises to help contain the coronavirus outbreak.

Macau casino operators face revenue slump as analysts pin hopes on ‘pent-up’ rebound in second-half
China’s US$2.3 trillion property sector tries out VR amid coronavirus scare, online food deliveries, health care set for long-term boost

Mainland Chinese property dealers – banned from opening their sales offices in at least 60 jurisdictions amid the coronavirus outbreak – are turning to virtual reality technology as well as social-media platforms such as WeChat, in addition to websites, to sell homes.

4 Feb 2020 - 9:45AM

Mainland Chinese property dealers – banned from opening their sales offices in at least 60 jurisdictions amid the coronavirus outbreak – are turning to virtual reality technology as well as social-media platforms such as WeChat, in addition to websites, to sell homes.

China’s US$2.3 trillion property sector tries out VR amid coronavirus scare, online food deliveries, health care set for long-term boost
Macau’s casinos will suffer ‘significant’ blow to cash flow as coronavirus forces Chinese gamers to stay away, warns Fitch

Trips to Macau by mainland Chinese plummeted 81.7 per cent during the Lunar New Year holiday, according to official figures

1 Feb 2020 - 9:58AM

Trips to Macau by mainland Chinese plummeted 81.7 per cent during the Lunar New Year holiday, according to official figures

Macau’s casinos will suffer ‘significant’ blow to cash flow as coronavirus forces Chinese gamers to stay away, warns Fitch
Coronavirus outbreak could hit airlines, hotels, casinos harder than Sars, analysts say

Chinese tourism to southeast Asia has grown exponentially since the Sars outbreak in 2003, meaning the Wuhan coronavirus outbreak could hit tourism-related companies much harder in the coming months.

31 Jan 2020 - 12:33PM

Chinese tourism to southeast Asia has grown exponentially since the Sars outbreak in 2003, meaning the Wuhan coronavirus outbreak could hit tourism-related companies much harder in the coming months.

Coronavirus outbreak could hit airlines, hotels, casinos harder than Sars, analysts say
Mainland tourists to Macau plummet during Lunar New Year amid deadly outbreak of Wuhan virus

Mainland tourist numbers were 75.1 per cent lower over the first four days of the Lunar New Year holiday, according to data from the Macau Government Tourism Office.

28 Jan 2020 - 10:57PM

Mainland tourist numbers were 75.1 per cent lower over the first four days of the Lunar New Year holiday, according to data from the Macau Government Tourism Office.

Mainland tourists to Macau plummet during Lunar New Year amid deadly outbreak of Wuhan virus
Retailers, manufacturers shutting doors, letting employees work from home as Wuhan viral outbreak spreads

Retailers close shops as travel banned in eight Hubei province cities, and questions remain if factories will face delayed openings after Lunar New Year break.

25 Jan 2020 - 9:17AM

Retailers close shops as travel banned in eight Hubei province cities, and questions remain if factories will face delayed openings after Lunar New Year break.

Retailers, manufacturers shutting doors, letting employees work from home as Wuhan viral outbreak spreads
Major hotel chains waive fees as Wuhan coronavirus outbreak hits Lunar New Year travel plans of millions

At least seven hotel chains have said they will offer free changes or cancellations to bookings up to February 8, and with some offering the service worldwide.

25 Jan 2020 - 6:22AM

At least seven hotel chains have said they will offer free changes or cancellations to bookings up to February 8, and with some offering the service worldwide.

Major hotel chains waive fees as Wuhan coronavirus outbreak hits Lunar New Year travel plans of millions
China’s private plane market nosedives as super-rich tighten their belts; Japan emerges as hotspot for wealthy jet setters at Lunar New Year

Japan has emerged as the new hot destination for China’s private jet travellers after the market saw a 12 per cent drop in flight hours last year.

22 Jan 2020 - 10:36PM

Japan has emerged as the new hot destination for China’s private jet travellers after the market saw a 12 per cent drop in flight hours last year.

China’s private plane market nosedives as super-rich tighten their belts; Japan emerges as hotspot for wealthy jet setters at Lunar New Year
What’s making Hong Kong employees frustrated at work? New survey reveals the top complaints

A new survey of Hong Kong employment conditions has cited long working hours as the top complaint among employees in the financial hub. A domineering senior management and a lack of communication from them also ranked high.

21 Jan 2020 - 10:37PM

A new survey of Hong Kong employment conditions has cited long working hours as the top complaint among employees in the financial hub. A domineering senior management and a lack of communication from them also ranked high.

What’s making Hong Kong employees frustrated at work? New survey reveals the top complaints
Terry Gou, founder of iPhone assembler Foxconn, replaced by instant noodle moguls at top of Forbes Asia’s Taiwan rich list

Terry Gou, once Taiwan’s richest man and a former presidential candidate, has slipped from first to fourth place on Forbes Asia’s latest rich list of Taiwanese billionaires and their families.

16 Jan 2020 - 10:23PM

Terry Gou, once Taiwan’s richest man and a former presidential candidate, has slipped from first to fourth place on Forbes Asia’s latest rich list of Taiwanese billionaires and their families.

Terry Gou, founder of iPhone assembler Foxconn, replaced by instant noodle moguls at top of Forbes Asia’s Taiwan rich list
Cybersecurity among leading concerns for Asia-Pacific businesses, but Hong Kong firms more worried about political risk, violence: Allianz poll

For the first time, cybersecurity has emerged as a leading risk for businesses in Asia-Pacific and around the world, according to the 2020 Allianz Risk Barometer Survey. In Hong Kong, however, it dropped from first place last year to seventh this year, with political risk and violence emerging as the No. 1 concern.

17 Jan 2020 - 10:34AM

For the first time, cybersecurity has emerged as a leading risk for businesses in Asia-Pacific and around the world, according to the 2020 Allianz Risk Barometer Survey. In Hong Kong, however, it dropped from first place last year to seventh this year, with political risk and violence emerging as the No. 1 concern.

Cybersecurity among leading concerns for Asia-Pacific businesses, but Hong Kong firms more worried about political risk, violence: Allianz poll
Chinese investors like the Boris Johnson effect as buying interest spikes for UK residential property

Two recent deals in UK property market suggest Hong Kong investors are ready to resume their purchases after Boris Johnson’s election win removes the cloud of uncertainty surrounding Britain’s impending exit from the European Union.

14 Jan 2020 - 7:23PM

Two recent deals in UK property market suggest Hong Kong investors are ready to resume their purchases after Boris Johnson’s election win removes the cloud of uncertainty surrounding Britain’s impending exit from the European Union.

Chinese investors like the Boris Johnson effect as buying interest spikes for UK residential property
The value of the top 10 private companies in Communist Party’s China rose eightfold in past decade as sector drives growth

China’s 10 largest companies have grown eight-fold in value over the past decade, according to a new Hurun Research Institute report, shedding light on a sector that contributes half of the nation’s tax receipts and 80 per cent of jobs.

9 Jan 2020 - 10:30PM

China’s 10 largest companies have grown eight-fold in value over the past decade, according to a new Hurun Research Institute report, shedding light on a sector that contributes half of the nation’s tax receipts and 80 per cent of jobs.

The value of the top 10 private companies in Communist Party’s China rose eightfold in past decade as sector drives growth
What are the chances of companies implementing a four-day working week in Hong Kong where long hours are a way of life?

Globally, the ideas of a shorter work week is gaining ground, with companies that have instituted them showing a marked improvement in employee productivity.

23 Dec 2019 - 12:00PM

Globally, the ideas of a shorter work week is gaining ground, with companies that have instituted them showing a marked improvement in employee productivity.

What are the chances of companies implementing a four-day working week in Hong Kong where long hours are a way of life?
Hong Kong-based digital property marketing firm Spacious eyes overseas expansion

Founder Asif Ghafoor is pitching Spacious’ growing database of Hong Kong property searchers to developers and agents in Australia, the UK, the US and Southeast Asia

17 Dec 2019 - 7:31PM

Founder Asif Ghafoor is pitching Spacious’ growing database of Hong Kong property searchers to developers and agents in Australia, the UK, the US and Southeast Asia

Hong Kong-based digital property marketing firm Spacious eyes overseas expansion
Outlook for global shipbuilding industry dismal as order books have halved and ‘touching historic lows’

Data from shipping data provider Clarksons Research showed that the global order book for shipbuilders had fallen by 54 per cent by mid year.

10 Dec 2019 - 9:30AM

Data from shipping data provider Clarksons Research showed that the global order book for shipbuilders had fallen by 54 per cent by mid year.

Outlook for global shipbuilding industry dismal as order books have halved and ‘touching historic lows’
Stingy rich Asians trail multimillionaires of North America, Europe on charitable giveaways as wealth erodes

When it comes to philanthropy, Asia’s super-rich are giving away their wealth at a slower pace than their peers in North America and Europe. The trend may yet persist as they lose their wealth at a faster clip this year.

6 Dec 2019 - 1:51PM

When it comes to philanthropy, Asia’s super-rich are giving away their wealth at a slower pace than their peers in North America and Europe. The trend may yet persist as they lose their wealth at a faster clip this year.

Stingy rich Asians trail multimillionaires of North America, Europe on charitable giveaways as wealth erodes
Hong Kong Human Rights and Democracy Act likely to have little impact on shipping sector

Most shipping and logistics industry experts agree that there will be little short term impact on Hong Kong’s transshipping sector, but longer term prospects remain to be seen as the US presidential election in 2020 adds to the uncertainty.

2 Dec 2019 - 6:45AM

Most shipping and logistics industry experts agree that there will be little short term impact on Hong Kong’s transshipping sector, but longer term prospects remain to be seen as the US presidential election in 2020 adds to the uncertainty.

Hong Kong Human Rights and Democracy Act likely to have little impact on shipping sector
Explainer: How big a deal for businesses and companies is the Hong Kong Human Rights and Democracy Act?

The bill requires an annual review by the US Secretary of State to certify whether Hong Kong remains “sufficiently autonomous” to justify the special treatment. It also opens the door to sanctions on officials deemed responsible for human rights abuses.

29 Nov 2019 - 6:34PM

The bill requires an annual review by the US Secretary of State to certify whether Hong Kong remains “sufficiently autonomous” to justify the special treatment. It also opens the door to sanctions on officials deemed responsible for human rights abuses.

Explainer: How big a deal for businesses and companies is the Hong Kong Human Rights and Democracy Act?
Hong Kong’s suburban mall operator Link Reit seeks to engage opposition councillors after asset sales trigger protests

Link Reit, the biggest real estate investment trust in Asia whose recent business decisions have provoked protests from local communities, is looking forward to engaging with Hong Kong’s new slate of pan-democratic district councillors to improve their rapport.

28 Nov 2019 - 9:43PM

Link Reit, the biggest real estate investment trust in Asia whose recent business decisions have provoked protests from local communities, is looking forward to engaging with Hong Kong’s new slate of pan-democratic district councillors to improve their rapport.

Hong Kong’s suburban mall operator Link Reit seeks to engage opposition councillors after asset sales trigger protests
Shakespeare’s birthplace, Warwickshire, UK, beckons buyers of flats in restored Haseley Manor

Haseley Manor, a grade II listed 19th century building in Warwickshire county in the West Midlands, has been restored and converted into 12 luxury flats

26 Nov 2019 - 6:31PM

Haseley Manor, a grade II listed 19th century building in Warwickshire county in the West Midlands, has been restored and converted into 12 luxury flats

Shakespeare’s birthplace, Warwickshire, UK, beckons buyers of flats in restored Haseley Manor
International Chamber of Shipping opens first overseas office in Hong Kong as it aims for stronger ties with increasingly influential China

The London-based International Chamber of Shipping wants to build stronger relationships with mainland Chinese shipowners and maritime regulators.

22 Nov 2019 - 9:13AM

The London-based International Chamber of Shipping wants to build stronger relationships with mainland Chinese shipowners and maritime regulators.

International Chamber of Shipping opens first overseas office in Hong Kong as it aims for stronger ties with increasingly influential China
Hong Kong protests prompt organiser to scrap RISE Conference in 2020 as unrest clouds longer term planning

More than five months of anti-government protests in Hong Kong have forced business organisers to cancel the first event planned for next year, suggesting the social unrest is hurting longer term business planning.

19 Nov 2019 - 10:56PM

More than five months of anti-government protests in Hong Kong have forced business organisers to cancel the first event planned for next year, suggesting the social unrest is hurting longer term business planning.

Hong Kong protests prompt organiser to scrap RISE Conference in 2020 as unrest clouds longer term planning
Nova Scotia beckons with real estate comprising entire islands for the purchase price of a Sai Ying Pun flat in Hong Kong

Nova Scotia offers private islands larger than Hong Kong’s Victoria Park for less than the purchase price of a 450-square foot flat in Sai Ying Pun in the Asian city’s western district.

19 Nov 2019 - 7:12PM

Nova Scotia offers private islands larger than Hong Kong’s Victoria Park for less than the purchase price of a 450-square foot flat in Sai Ying Pun in the Asian city’s western district.

Nova Scotia beckons with real estate comprising entire islands for the purchase price of a Sai Ying Pun flat in Hong Kong
Hong Kong protests deal massive blow to trade exhibitions as visitor numbers slump 20 per cent

Total attendance for the seven shows organised by the HKTDC in the last month and a half fell to 156,000 from 195,000 last year.

17 Nov 2019 - 10:35PM

Total attendance for the seven shows organised by the HKTDC in the last month and a half fell to 156,000 from 195,000 last year.

Hong Kong protests deal massive blow to trade exhibitions as visitor numbers slump 20 per cent
Chinese buyers expected to step up Greek property investment, as Xi lands in Athens to strengthen ties

Chinese President Xi Jinping is in Athens to cement ties with Greece, regarded as key to his Belt and Road Initiative. And his visit might also prompt Chinese buyers to step up their investment in Greek property, which has been bolstered by the Greek “golden visa” programme.

12 Nov 2019 - 6:32PM

Chinese President Xi Jinping is in Athens to cement ties with Greece, regarded as key to his Belt and Road Initiative. And his visit might also prompt Chinese buyers to step up their investment in Greek property, which has been bolstered by the Greek “golden visa” programme.

Chinese buyers expected to step up Greek property investment, as Xi lands in Athens to strengthen ties