Snow Xia

Hong Kong

Snow Xia

Business reporter

 

Snow Xia is a business reporter at the South China Morning Post covering stocks, banking, IPOs, fintech, companies, and trends shaping the world's second-largest economy. Prior to joining the Post in 2019, she produced documentary videos for Boston Channel 5 (Hearst Television) in the United States. She graduated with a Master’s in journalism from Boston University and a Bachelor's in finance from Kean University.

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Latest from Snow Xia

Coronavirus boosts demand for homes on Hong Kong’s outlying Lantau, Lamma islands

The coronavirus pandemic has made homes on Hong Kong’s outlying islands more attractive to buyers, according to property agents.

1 Jul 2020 - 10:37AM

The coronavirus pandemic has made homes on Hong Kong’s outlying islands more attractive to buyers, according to property agents.

Coronavirus boosts demand for homes on Hong Kong’s outlying Lantau, Lamma islands
Will Hong Kong’s wealthy investors develop a taste for rare whisky? This private equity fund thinks so

Last year, a rare bottle of 60-year-old single malt Macallan 1926 sold for a world record £1.5 million (US$1.87 million) at a London auction. The 2019 Knight Frank’s Luxury Investment Index shows rare whisky has outperformed other luxury assets.

29 Jun 2020 - 10:34AM

Last year, a rare bottle of 60-year-old single malt Macallan 1926 sold for a world record £1.5 million (US$1.87 million) at a London auction. The 2019 Knight Frank’s Luxury Investment Index shows rare whisky has outperformed other luxury assets.

Will Hong Kong’s wealthy investors develop a taste for rare whisky? This private equity fund thinks so
China’s biggest down jacket maker evades pandemic blues with record sales by riding consumption upgrade trend

China’s largest maker of down jackets has posted its best financial results since it got listed in 2015, bucking pessimism in markets ravaged by the coronavirus pandemic.

24 Jun 2020 - 8:35PM

China’s largest maker of down jackets has posted its best financial results since it got listed in 2015, bucking pessimism in markets ravaged by the coronavirus pandemic.

China’s biggest down jacket maker evades pandemic blues with record sales by riding consumption upgrade trend
Hong Kong’s Mid-Levels rents slashed. Is city’s luxury property set for a historic rout?

An eye-catching deal for a duplex at Arezzo in Mid-Levels suggests rents have crashed. Is Hong Kong’s luxury residential market set for a historic rout?

24 Jun 2020 - 1:49PM

An eye-catching deal for a duplex at Arezzo in Mid-Levels suggests rents have crashed. Is Hong Kong’s luxury residential market set for a historic rout?

Hong Kong’s Mid-Levels rents slashed. Is city’s luxury property set for a historic rout?
Vitasoy prepares to scale up China business for post-pandemic rebound in non-carbonated drinks

Vitasoy International is scaling up its business in mainland China to prepare for a rebound in sales in the second half after the coronavirus pandemic contributed to a stuttering start to 2020.

19 Jun 2020 - 11:01PM

Vitasoy International is scaling up its business in mainland China to prepare for a rebound in sales in the second half after the coronavirus pandemic contributed to a stuttering start to 2020.

Vitasoy prepares to scale up China business for post-pandemic rebound in non-carbonated drinks
Hong Kong’s biggest cosmetics retailer Sa Sa says business still losing money after coronavirus, protests spark record slump

Sa Sa International says business continues to haemorrhage through June even with deep cost-cutting measures, after concluding its last financial year with a record loss.

18 Jun 2020 - 10:14PM

Sa Sa International says business continues to haemorrhage through June even with deep cost-cutting measures, after concluding its last financial year with a record loss.

Hong Kong’s biggest cosmetics retailer Sa Sa says business still losing money after coronavirus, protests spark record slump
Explainer | What are some of the latest concessions in US-China relations ahead of Hawaii talks?

Some signs suggest both the US and China are seeking to find common ground for businesses to prosper despite the uneasy and hostile political undercurrents.

18 Jun 2020 - 9:14AM

Some signs suggest both the US and China are seeking to find common ground for businesses to prosper despite the uneasy and hostile political undercurrents.

What are some of the latest concessions in US-China relations ahead of Hawaii talks?
Cafe de Coral to trim operating costs, seek rental relief after Covid-19 fuels 87 per cent slump in earnings

Cafe de Coral is planning to trim its workforce costs and restructure rental leases after posting its worst earnings since at least 2003.

15 Jun 2020 - 9:36PM

Cafe de Coral is planning to trim its workforce costs and restructure rental leases after posting its worst earnings since at least 2003.

Cafe de Coral to trim operating costs, seek rental relief after Covid-19 fuels 87 per cent slump in earnings
Tide of Chinese students studying abroad slowed by coronavirus, US tensions as international education sector stumbles

Chinese education agencies are reporting applications from students looking to study abroad are falling due to fears about the coronavirus and new US restrictions.

4 Jun 2020 - 12:58PM

Chinese education agencies are reporting applications from students looking to study abroad are falling due to fears about the coronavirus and new US restrictions.

Tide of Chinese students studying abroad slowed by coronavirus, US tensions  as international education sector stumbles
China’s public security ministry vows to ‘fully guide’ Hong Kong’s embattled police force in safeguarding stability and restoring order

Ministry of Public Security makes the undertaking through its online news portal, but provides no details.

30 May 2020 - 11:33AM

Ministry of Public Security makes the undertaking through its online news portal, but provides no details.

China’s public security ministry vows to ‘fully guide’ Hong Kong’s embattled police force in safeguarding stability and restoring order
Coronavirus: antibody found in Sars patient could help fight Covid-19, US study says

‘S309’ shown to have a strong ability to bind to and disable the Sars-CoV-2 spike protein, researchers at University of Washington School of Medicine say.

20 May 2020 - 11:25PM

‘S309’ shown to have a strong ability to bind to and disable the Sars-CoV-2 spike protein, researchers at University of Washington School of Medicine say.

Coronavirus: antibody found in Sars patient could help fight Covid-19, US study says
Chinese family reunited with kidnapped son after 32 years

Family’s long quest to find their boy ends with tearful reunion that brings to close one of the country’s most notorious missing child cases.

19 May 2020 - 3:22PM

Family’s long quest to find their boy ends with tearful reunion that brings to close one of the country’s most notorious missing child cases.

Chinese family reunited with kidnapped son after 32 years
Greater Bay Area offers opportunity Hong Kong cannot afford to ignore, business leaders say

With China ‘moving faster than anywhere else in the world’, Hongkongers must ask ‘can we afford not to change?’

15 May 2020 - 11:35PM

With China ‘moving faster than anywhere else in the world’, Hongkongers must ask ‘can we afford not to change?’

Greater Bay Area offers opportunity Hong Kong cannot afford to ignore, business leaders say
Operation Santa Claus outpaces last year’s fundraising for Hong Kong charities despite economic downturn

Audited numbers show the annual charity event run by the Post and RTHK raised more than HK$16 million in 2019.

15 May 2020 - 2:15PM

Audited numbers show the annual charity event run by the Post and RTHK raised more than HK$16 million in 2019.

Operation Santa Claus outpaces last year’s fundraising for Hong Kong charities despite economic downturn
Coronavirus: gift bags, TV shows for little patients at Hong Kong Children’s Hospital as social worker visits remain cancelled amid pandemic

Social workers, who used to play an important role in accompanying children in the hospital, have been banned since late January for the coronavirus.

30 Apr 2020 - 7:00AM

Social workers, who used to play an important role in accompanying children in the hospital, have been banned since late January for the coronavirus.

Coronavirus: gift bags, TV shows for little patients at Hong Kong Children’s Hospital as social worker visits remain cancelled amid pandemic
Coronavirus: online games are helping social-distancing Hongkongers kill time, but few willing to pay for it, firms say

Fears about the economic downturn amid Covid-19 have led city residents to make fewer in-game purchases, Hong Kong firms say.

26 Apr 2020 - 7:30AM

Fears about the economic downturn amid Covid-19 have led city residents to make fewer in-game purchases, Hong Kong firms say.

Coronavirus: online games are helping social-distancing Hongkongers kill time, but few willing to pay for it, firms say
Hong Kong’s university entrance exams go ahead amid pandemic, but more than 300 candidates miss out

Coronavirus crisis forced officials to postpone tests originally expected to start on March 27.

24 Apr 2020 - 11:34PM

Coronavirus crisis forced officials to postpone tests originally expected to start on March 27.

Hong Kong’s university entrance exams go ahead amid pandemic, but more than 300 candidates miss out
Coronavirus: ‘We need bone marrow donors to save my baby girl’s life from leukaemia’, Hong Kong mother of two-year-old pleads amid London lockdown

Race against time is a nightmare for parents as city comes under siege from pandemic, and access to donor registrations is delayed. Family is appealing to Hong Kong public register with the Hong Kong Bone Marrow Donor Registry.

16 Apr 2020 - 4:26PM

Race against time is a nightmare for parents as city comes under siege from pandemic, and access to donor registrations is delayed. Family is appealing to Hong Kong public register with the Hong Kong Bone Marrow Donor Registry.

Coronavirus: ‘We need bone marrow donors to save my baby girl’s life from leukaemia’, Hong Kong mother of two-year-old pleads amid London lockdown
Coronavirus: beauty treatment rush before Hong Kong government’s two-week closure order kicks in

Demand surges in Hong Kong for salon services before 14-day closure order takes effect on Friday under anti-contagion regulations.

9 Apr 2020 - 8:44PM

Demand surges in Hong Kong for salon services before 14-day closure order takes effect on Friday under anti-contagion regulations.

Coronavirus: beauty treatment rush before Hong Kong government’s two-week closure order kicks in
Explainer | Coronavirus testing: how it works and where to get tested for Covid-19

Two types of coronavirus tests are done in Hong Kong – an antigen test and an antibody test

4 Jun 2020 - 7:45PM

Two types of coronavirus tests are done in Hong Kong – an antigen test and an antibody test

Coronavirus testing: how it works and where to get tested for Covid-19
Asia-Pacific medical experts offer insight from front lines of Covid-19 battle in online discussion with Post, other newsrooms

WHO adviser and early researcher into the coronavirus among those who joined the virtual roundtable.

3 Apr 2020 - 3:27PM

WHO adviser and early researcher into the coronavirus among those who joined the virtual roundtable.

Asia-Pacific medical experts offer insight from front lines of Covid-19 battle in online discussion with Post, other newsrooms
Coronavirus: University of Hong Kong final-year medical students sit exams as government exempts event from ban on gatherings

Students said they were more worried about contracting coronavirus during practical exam, in which they would have to treat patients.

2 Apr 2020 - 4:27AM

Students said they were more worried about contracting coronavirus during practical exam, in which they would have to treat patients.

Coronavirus: University of Hong Kong final-year medical students sit exams as government exempts event from ban on gatherings
Hong Kong’s unemployed need HK$35,000 handouts as coronavirus accelerates job cuts among city’s poorest, charities say

Government should also compensate those catching the virus at work, says Oxfam Hong Kong.

26 Mar 2020 - 8:50PM

Government should also compensate those catching the virus at work, says Oxfam Hong Kong.

Hong Kong’s unemployed need HK$35,000 handouts as coronavirus accelerates job cuts among city’s poorest, charities say
Shanghai introduces ultraviolet light to disinfect public buses

A public transport company in Shanghai has deployed ultraviolet (UV) light units to disinfect public buses using less time and manpower. Officials from China’s National Health Commission point out that the coronavirus that causes Covid-19 is sensitive to ultraviolet light and heat. The World Health Organisation, however, cautions the general public about the use of UV lamps for directly sterilising hands or other areas of skin.

13 Mar 2020 - 9:42PM

A public transport company in Shanghai has deployed ultraviolet (UV) light units to disinfect public buses using less time and manpower. Officials from China’s National Health Commission point out that the coronavirus that causes Covid-19 is sensitive to ultraviolet light and heat. The World Health Organisation, however, cautions the general public about the use of UV lamps for directly sterilising hands or other areas of skin.

Shanghai introduces ultraviolet light to disinfect public buses
Tokyo Olympics cancellation is unthinkable, says Tokyo city governor

Questions have been raised for weeks about whether the Tokyo Olympics will be cancelled or postponed because of the deadly coronavirus that causes Covid-19. The World Health Organisation said on March 11, 2020, that the disease is now a global pandemic. But the Japanese capital’s governor Yuriko Koike insists that the 2020 Games remain on track, even though she admits the illness will have an impact on the events. The International Olympic Committee also has said preparations for the Tokyo Olympics are going ahead.

12 Mar 2020 - 10:35PM

Questions have been raised for weeks about whether the Tokyo Olympics will be cancelled or postponed because of the deadly coronavirus that causes Covid-19. The World Health Organisation said on March 11, 2020, that the disease is now a global pandemic. But the Japanese capital’s governor Yuriko Koike insists that the 2020 Games remain on track, even though she admits the illness will have an impact on the events. The International Olympic Committee also has said preparations for the Tokyo Olympics are going ahead.

Tokyo Olympics cancellation is unthinkable, says Tokyo city governor
Face masks made from air conditioners’ filters

While the global shortage of surgical masks continues to get worse, some social entrepreneurs in Hong Kong are coming up with solutions that involve manufacturing reusable fabric mask kits, and adapting air conditioners’ filters in their designs.

11 Mar 2020 - 10:06PM

While the global shortage of surgical masks continues to get worse, some social entrepreneurs in Hong Kong are coming up with solutions that involve manufacturing reusable fabric mask kits, and adapting air conditioners’ filters in their designs.

Face masks made from air conditioners’ filters
Mother and son rescued 52 hours after the collapse of quarantine hotel in China

A mother and her 10-year-old son have been rescued 52 hours after a hotel in southeastern China collapsed on March 7, 2020. The hotel was being used as a Covid-19 quarantine site. There were reportedly 71 people inside the building when it crumbled. As of March 10, more than 60 people had been rescued, and another 10 were still missing.

10 Mar 2020 - 7:52PM

A mother and her 10-year-old son have been rescued 52 hours after a hotel in southeastern China collapsed on March 7, 2020. The hotel was being used as a Covid-19 quarantine site. There were reportedly 71 people inside the building when it crumbled. As of March 10, more than 60 people had been rescued, and another 10 were still missing.

Mother and son rescued 52 hours after the collapse of quarantine hotel in China
Nearly a decade after tsunami, clean-up continues at Japan’s Fukushima nuclear plant

It has been nearly a decade since the 2011 magnitude 9.0 earthquake and resulting tsunami damaged Japan’s Fukushima Daiichi nuclear plant, one of the world’s largest nuclear power stations. Clean-up efforts to remove radioactive contamination after the disaster has been underway ever since. But officials admit it will take several decades more to completely decommission the plant. 

9 Mar 2020 - 8:18PM

It has been nearly a decade since the 2011 magnitude 9.0 earthquake and resulting tsunami damaged Japan’s Fukushima Daiichi nuclear plant, one of the world’s largest nuclear power stations. Clean-up efforts to remove radioactive contamination after the disaster has been underway ever since. But officials admit it will take several decades more to completely decommission the plant. 

Nearly a decade after tsunami, clean-up continues at Japan’s Fukushima nuclear plant
‘Landmines girls’ clear unexploded bombs left from the Vietnam War

An all-woman bomb disposal team scans and detonates unexploded ordnance from the Vietnam War, such as land mines, grenades and cluster bombs, hidden underneath the soil in north-central Vietnam. The old bombs, left behind by the US military in the 1970s, have claimed over 8500 lives in Quang Tri province. Medic and safety officer Nguyen Thi Ha Lan works for the project, Restoring the Environment and Neutralising the Effect of War, that aims to restore more than 60,000 hectares of agricultural land with explosives beneath. 

6 Mar 2020 - 10:20PM

An all-woman bomb disposal team scans and detonates unexploded ordnance from the Vietnam War, such as land mines, grenades and cluster bombs, hidden underneath the soil in north-central Vietnam. The old bombs, left behind by the US military in the 1970s, have claimed over 8500 lives in Quang Tri province. Medic and safety officer Nguyen Thi Ha Lan works for the project, Restoring the Environment and Neutralising the Effect of War, that aims to restore more than 60,000 hectares of agricultural land with explosives beneath. 

 ‘Landmines girls’ clear unexploded bombs left from the Vietnam War
South Korea’s soju makers donate alcohol to fight coronavirus

Makers of soju, South Korea’s popular liquor, have joined efforts to fight against the coronavirus outbreak by donating their alcohol for the production of sanitisers. South Korea is the most-affected country outside China.

5 Mar 2020 - 5:20PM

Makers of soju, South Korea’s popular liquor, have joined efforts to fight against the coronavirus outbreak by donating their alcohol for the production of sanitisers. South Korea is the most-affected country outside China.

South Korea’s soju makers donate alcohol to fight coronavirus