Yujing Liu

Hong Kong

Yujing Liu

Reporter, Business

Yujing Liu is a business reporter with a passion for understanding and explaining the fascinating complexities of China’s economy and society. Originally from Beijing, she joined the Post in 2017 after graduating from the University of Hong Kong with a degree in politics and journalism.

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Latest from Yujing Liu

Chinese VIE companies: what lawyers and analysts say about ‘existential risk’ to global stock investors

China’s Foreign Investment Law is silent on the validity of variable interest entity or VIE corporate structure among overseas-listed Chinese firms, keeping the ‘existential threat’ evolving.

21 Dec 2020 - 4:33PM

China’s Foreign Investment Law is silent on the validity of variable interest entity or VIE corporate structure among overseas-listed Chinese firms, keeping the ‘existential threat’ evolving.

Chinese VIE companies: what lawyers and analysts say about ‘existential risk’ to global stock investors
Legally ambiguous ‘VIE’ structure means foreign investors don’t technically own overseas-listed Chinese stocks – and that could spell disaster

To skirt China’s restrictions on foreign investment in certain industries, many firms adopt a legally ambiguous corporate structure called a VIE.

21 Dec 2020 - 4:29PM

To skirt China’s restrictions on foreign investment in certain industries, many firms adopt a legally ambiguous corporate structure called a VIE.

Legally ambiguous ‘VIE’ structure means foreign investors don’t technically own overseas-listed Chinese stocks – and that could spell disaster
China’s antitrust regulator fines affiliates of Alibaba, Tencent and SF Holding for ‘monopolistic behaviour’

The fines are a latest indication that Beijing was serious about reining in malpractice among China’s fast-growing internet giants.

14 Dec 2020 - 11:01PM

The fines are a latest indication that Beijing was serious about reining in malpractice among China’s fast-growing internet giants.

China’s antitrust regulator fines affiliates of Alibaba, Tencent and SF Holding for ‘monopolistic behaviour’
Trump’s ban spoils year-end party as stock index rejigs put China Mobile, CNOOC in line of fire

China’s stock market is seeing the best winning momentum since mid-2015. Instead, the year-end party is clouded by Trump’s investing ban on blacklisted companies with ties to the Communist Chinese military.

14 Dec 2020 - 7:49AM

China’s stock market is seeing the best winning momentum since mid-2015. Instead, the year-end party is clouded by Trump’s investing ban on blacklisted companies with ties to the Communist Chinese military.

Trump’s ban spoils year-end party as stock index rejigs put China Mobile, CNOOC in line of fire
Hong Kong’s Silver Bonds lure senior citizens as government promises to pay seven times more than banks in annual interest

Demand for the latest Silver Bonds offering 3.5 per cent annual coupon has already exceeded that recorded for four previous issues, according to joint lead manager HSBC.

12 Dec 2020 - 12:09AM

Demand for the latest Silver Bonds offering 3.5 per cent annual coupon has already exceeded that recorded for four previous issues, according to joint lead manager HSBC.

Hong Kong’s Silver Bonds lure senior citizens as government promises to pay seven times more than banks in annual interest
Tesla to launch supercharger station in Zhongshan, a future Greater Bay Area transport hub

Tesla is launching its first supercharger station in Zhongshan with the hope of attracting a growing number of electric vehicle drivers in the Greater Bay Area.

14 Dec 2020 - 3:17PM

Tesla is launching its first supercharger station in Zhongshan with the hope of attracting a growing number of electric vehicle drivers in the Greater Bay Area.

Tesla to launch supercharger station in Zhongshan, a future Greater Bay Area transport hub
Jimmy Lai’s Next Digital sells Taipei property for US$61 million

Next Digital, which owns the Apple Daily newspaper, is selling an office building in Taipei’s Neihu district for HK$475.8 million to a Taiwanese software developer, it said in a filing to the Hong Kong stock exchange.

8 Dec 2020 - 11:35PM

Next Digital, which owns the Apple Daily newspaper, is selling an office building in Taipei’s Neihu district for HK$475.8 million to a Taiwanese software developer, it said in a filing to the Hong Kong stock exchange.

Jimmy Lai’s Next Digital sells Taipei property for US$61 million
70 per cent of Chinese companies with military ties included in major global securities indices, State Department says

Many major stock and bond indices developed by index providers like MSCI and FTSE include malign Chinese companies, State Department says.

6 Dec 2020 - 11:09PM

Many major stock and bond indices developed by index providers like MSCI and FTSE include malign Chinese companies, State Department says.

70 per cent of Chinese companies with military ties included in major global securities indices, State Department says
A forest kindergarten in Zhongshan millennial parents are so crazy about they are reserving places a year in advance

The number of children enrolled at Rockies Forest Kindergarten in southern China’s Zhongshan city has more than doubled since it opened four years ago.

14 Dec 2020 - 3:20PM

The number of children enrolled at Rockies Forest Kindergarten in southern China’s Zhongshan city has more than doubled since it opened four years ago.

A forest kindergarten in Zhongshan millennial parents are so crazy about they are reserving places a year in advance
Explainer | Zhongshan, the birthplace of Sun Yat-sen, revamps as Greater Bay Area transport hub to reinvigorate economy

Zhongshan is set to benefit from the increased connectivity as it sits at the intersection of major transport projects in the Greater Bay Area.

14 Dec 2020 - 3:17PM

Zhongshan is set to benefit from the increased connectivity as it sits at the intersection of major transport projects in the Greater Bay Area.

Zhongshan, the birthplace of Sun Yat-sen, revamps as Greater Bay Area transport hub to reinvigorate economy
US bill to audit or delist Chinese companies unlikely to have significant impact on funding avenues, analysts say

Many Chinese companies will continue with their plans to list in the US and retain the option of raising capital in Hong Kong or mainland China under IPO reforms.

3 Dec 2020 - 7:43PM

Many Chinese companies will continue with their plans to list in the US and retain the option of raising capital in Hong Kong or mainland China under IPO reforms.

US bill to audit or delist Chinese companies unlikely to have significant impact on funding avenues, analysts say
US, China should address trade gap, humanity’s shared challenges like coronavirus and climate change, former trade envoy Long Yongtu says

Long Yongtu’s comments reflect the keen interest among Chinese policymakers to return bilateral relations to what he calls a “healthy and stable” track.

2 Dec 2020 - 11:41PM

Long Yongtu’s comments reflect the keen interest among Chinese policymakers to return bilateral relations to what he calls a “healthy and stable” track.

US, China should address trade gap, humanity’s shared challenges like coronavirus and climate change, former trade envoy Long Yongtu says
Chinese media lay into New York-listed home rental platform Danke as they urge authorities not to let exploiters get away

Danke’s crisis points to problems in the fast-growing rental apartment industry, invites regulators’ scrutiny, official media say.

2 Dec 2020 - 1:38AM

Danke’s crisis points to problems in the fast-growing rental apartment industry, invites regulators’ scrutiny, official media say.

Chinese media lay into New York-listed home rental platform Danke as they urge authorities not to let exploiters get away
China’s private education operators eye Greater Bay Area expansion, as economic hub attracts more talent and resources

Private institutions have in recent years gained ground in China’s education system, which has long been dominated by public schools. Private firms last year accounted for more than a third of all such institutions in the country.

30 Nov 2020 - 8:30AM

Private institutions have in recent years gained ground in China’s education system, which has long been dominated by public schools. Private firms last year accounted for more than a third of all such institutions in the country.

China’s private education operators eye Greater Bay Area expansion, as economic hub attracts more talent and resources
China’s largest private companies soar in value despite pandemic, worth half of second-largest economy’s GDP last year: Hurun report

The values on average of each of China’s 500 biggest private companies surged by 55 per cent to a record 110 billion yuan from last year. They were worth a combined 56 trillion yuan, or about half of China’s GDP last year, according to a Hurun report.

25 Nov 2020 - 10:44PM

The values on average of each of China’s 500 biggest private companies surged by 55 per cent to a record 110 billion yuan from last year. They were worth a combined 56 trillion yuan, or about half of China’s GDP last year, according to a Hurun report.

China’s largest private companies soar in value despite pandemic, worth half of second-largest economy’s GDP last year: Hurun report
With Xiaomi outgunning Apple, Samsung in valuation, rare ‘sell’ rating, earnings in focus after stock’s 168 per cent rally

Investors could get burned chasing the lofty valuation in Chinese smartphone maker, according to Dan Baker at Morningstar, who goes against his 48 industry peers by recommending a sell on the stock.

23 Nov 2020 - 11:25AM

Investors could get burned chasing the lofty valuation in Chinese smartphone maker, according to Dan Baker at Morningstar, who goes against his 48 industry peers by recommending a sell on the stock.

With Xiaomi outgunning Apple, Samsung in valuation, rare ‘sell’ rating, earnings in focus after stock’s 168 per cent rally
Evicted tenants, unpaid landlords furious at cash-strapped, New York-listed Chinese home rental platform Danke

Danke, also known as Phoenix Tree, denies it is bankrupt as its shares skyrocket after reports of a takeover bid by rival Xiangyu.

18 Nov 2020 - 9:41PM

Danke, also known as Phoenix Tree, denies it is bankrupt as its shares skyrocket after reports of a takeover bid by rival Xiangyu.

Evicted tenants, unpaid landlords furious at cash-strapped, New York-listed Chinese home rental platform Danke
Budweiser, Anta Sports and Meituan join Hang Seng Index, displacing Swire Pacific from Hong Kong’s stock benchmark

Meituan will get a 5 per cent weighting, in a long-awaited move that will raise the status of technology companies in Asia’s third-largest stock market.

14 Nov 2020 - 3:02PM

Meituan will get a 5 per cent weighting, in a long-awaited move that will raise the status of technology companies in Asia’s third-largest stock market.

Budweiser, Anta Sports and Meituan join Hang Seng Index, displacing Swire Pacific from Hong Kong’s stock benchmark
China’s stock market anomaly gets PBOC scholars’ attention with model to fix ‘irrational behaviour’

China’s equity market lacks investor rationality, People's Bank of China scholars say of the 38.6 premium between A and H shares of companies with cross listings.

13 Nov 2020 - 10:55PM

China’s equity market lacks investor rationality, People's Bank of China scholars say of the 38.6 premium between A and H shares of companies with cross listings.

China’s stock market anomaly gets PBOC scholars’ attention with model to fix ‘irrational behaviour’
Balenciaga, Prada, IWC lead global luxury brands in bowing to online shopping as China’s Singles’ Day sets e-commerce record

The shift to the Black Friday-style festival underscores the growing importance of Chinese shoppers and e-commerce amid the coronavirus pandemic, which continues to batter the global luxury goods industry.

11 Nov 2020 - 11:36PM

The shift to the Black Friday-style festival underscores the growing importance of Chinese shoppers and e-commerce amid the coronavirus pandemic, which continues to batter the global luxury goods industry.

Balenciaga, Prada, IWC lead global luxury brands in bowing to online shopping as China’s Singles’ Day sets e-commerce record
China drafts new antitrust guideline to rein in tech giants, wiping US$102 billion from Alibaba, Tencent and Meituan stocks

Draft guideline ‘targeting tech giants’ in e-commerce, online food delivery and ride hailing, according to Atta Capital. Alibaba, Tencent and Meituan, known as the ATM trio, tumbled on concerns about stricter regulatory oversight.

11 Nov 2020 - 10:41PM

Draft guideline ‘targeting tech giants’ in e-commerce, online food delivery and ride hailing, according to Atta Capital. Alibaba, Tencent and Meituan, known as the ATM trio, tumbled on concerns about stricter regulatory oversight.

China drafts new antitrust guideline to rein in tech giants, wiping US$102 billion from Alibaba, Tencent and Meituan stocks
Hong Kong stock traders love a first-term Democrat president as Biden unseats Trump, resets China relations

When Joe Biden is inaugurated as president in January, it should herald a rewarding four years for stock traders in Hong Kong and mainland China.

9 Nov 2020 - 3:34PM

When Joe Biden is inaugurated as president in January, it should herald a rewarding four years for stock traders in Hong Kong and mainland China.

Hong Kong stock traders love a first-term Democrat president as Biden unseats Trump, resets China relations
China Evergrande ends four-year pursuit of Shenzhen rival, to repay some of US$19.7 billion raised from investors

China Evergrande has ended a plan to engineer a back-door listing for its property development unit in Shenzhen, ending a costly four-year pursuit of one of its biggest rivals in the city.

8 Nov 2020 - 10:03PM

China Evergrande has ended a plan to engineer a back-door listing for its property development unit in Shenzhen, ending a costly four-year pursuit of one of its biggest rivals in the city.

China Evergrande ends four-year pursuit of Shenzhen rival, to repay some of US$19.7 billion raised from investors
Hongkongers come out in droves to buy property even as developers steadily raise prices amid improving confidence

Hong Kong Ferry Holdings and Empire Group sell 85, or almost 70 per cent, of the 123 flats on offer in the second phase of Starfront Royale in Tuen Mun.

8 Nov 2020 - 8:30PM

Hong Kong Ferry Holdings and Empire Group sell 85, or almost 70 per cent, of the 123 flats on offer in the second phase of Starfront Royale in Tuen Mun.

Hongkongers come out in droves to buy property even as developers steadily raise prices amid improving confidence
Payson Cha, prominent Hong Kong tycoon and chairman of conglomerate HKR International, dies of cancer at 77

Payson Cha Mou-sing, the chairman of Hong Kong conglomerate HKR International, famed for its development of Discovery Bay, died on Saturday morning.

9 Nov 2020 - 9:48AM

Payson Cha Mou-sing, the chairman of Hong Kong conglomerate HKR International, famed for its development of Discovery Bay, died on Saturday morning.

Payson Cha, prominent Hong Kong tycoon and chairman of conglomerate HKR International, dies of cancer at 77
Hong Kong’s latest inflation-linked bonds are oversubscribed, attract US$5 billion from investors dejected by Ant IPO suspension

Hong Kong’s latest offering of inflation-linked bonds have become the blockbuster investment opportunity this week, attracting HK$38.9 billion in funds from investors.

6 Nov 2020 - 12:05AM

Hong Kong’s latest offering of inflation-linked bonds have become the blockbuster investment opportunity this week, attracting HK$38.9 billion in funds from investors.

Hong Kong’s latest inflation-linked bonds are oversubscribed, attract US$5 billion from investors dejected by Ant IPO suspension
Hong Kong stocks slip as Ant IPO woes slam Alibaba and fintech peers, Trump’s election gains rattle Chinese chip makers

Alibaba and companies involved in Ant Group IPO suffered deep losses after authorities halted its debut on regulatory grounds. Trump’s showing in US election prompted traders to offload Chinese chip makers.

4 Nov 2020 - 6:12PM

Alibaba and companies involved in Ant Group IPO suffered deep losses after authorities halted its debut on regulatory grounds. Trump’s showing in US election prompted traders to offload Chinese chip makers.

Hong Kong stocks slip as Ant IPO woes slam Alibaba and fintech peers, Trump’s election gains rattle Chinese chip makers
Hong Kong short sellers foiled by calm October now wait for US election slump for payoff

Short sellers are hoping to thrive in a market gripped by anxieties surrounding the US election outcome. Bets against technology companies failed in October after some of them reached record highs.

3 Nov 2020 - 8:51PM

Short sellers are hoping to thrive in a market gripped by anxieties surrounding the US election outcome. Bets against technology companies failed in October after some of them reached record highs.

Hong Kong short sellers foiled by calm October now wait for US election slump for payoff
Investors ‘overweight’ in US and European assets and should increase Chinese holdings, Ray Dalio tells Hong Kong FinTech Week

Investors across the world should diversify further into Chinese assets, as it opens its capital markets and challenges the US in areas ranging from trade to technology, American billionaire investor Ray Dalio said.

3 Nov 2020 - 2:38AM

Investors across the world should diversify further into Chinese assets, as it opens its capital markets and challenges the US in areas ranging from trade to technology, American billionaire investor Ray Dalio said.

Investors ‘overweight’ in US and European assets and should increase Chinese holdings, Ray Dalio tells Hong Kong FinTech Week
China’s biggest investment bank CICC in tame stock market debut that may signal shifting focus of traders

China International Capital Corporation failed to maintain the 44 per cent maximum surge typically seen for new shares listed on Shanghai’s main board.

2 Nov 2020 - 10:07PM

China International Capital Corporation failed to maintain the 44 per cent maximum surge typically seen for new shares listed on Shanghai’s main board.

China’s biggest investment bank CICC in tame stock market debut that may signal shifting focus of traders