Business

Latest News

48 min 59 sec ago

Lessons from Typhoon Mangkhut for Trump and the world

2 hours 2 min ago

Samsung plans to lower chip growth to maintain prices

2 hours 14 min ago

China’s top export financing bank to help firms hit hard by trade war

2 hours 42 min ago

US complains global steel forum for failing to curb output in China

3 hours 38 min ago

Hongkongers may soon be able to open mainland China bank accounts remotely

The skyline of Hong Kong’s business district silhouetted at sunset as typhoon Mangkhut approached last weekend. Officials on both sides of the border with the mainland are now discussing the likelihood of Hongkongers being able to open Chinese bank accounts there remotely. Photo: AP

Hongkongers may soon be able to open mainland China bank accounts remotely

Talks now focused on sorting out differences in the two regulatory systems involved, and the flow of funds between accounts on either side

21 Sep 2018 - 3:37pm 2 More on Banking & Finance

A schoolboy surveys the damage in the wake of Typhoon Mangkhut on Tin Ping Road in Sheung Shui on Thursday. The intense preparation before the typhoon struck helped Hong Kong limit the damage caused by the storm. Photo: Sam Tsang

Opinion

Lessons from Typhoon Mangkhut for Trump and the world

21 Sep 2018 - 4:00pm 2 More on Inside Out & Outside In

The semiconductor industry is notorious for its boom and bust cycles, and investors have grown increasingly concerned that memory chip maker Samsung and its peers are headed for a downturn, as demand softens after years of record profit

Enterprises

Samsung plans to lower chip growth to maintain prices

21 Sep 2018 - 2:47pm More on Samsung Electronics

The Export-Import Bank of China says it will boost lending to small companies as the trade war with US cuts export orders and rising costs erode profitability. Photo: Imaginechina

News

China’s top export financing bank to help firms hit hard by trade war

21 Sep 2018 - 3:15pm More on China economy

An employee works at Dongbei Special Steel in Dalian, Liaoning province. China produced a record 81.2 million tonnes of raw steel in July this year, up 7.7 per cent from a year earlier, according to the World Steel Association. Photo: Reuters

News

US complains global steel forum for failing to curb output in China

21 Sep 2018 - 3:18pm More on China economy

More Headlines

Hong Kong broadcaster TVB wins case to block illicit streaming in Australia

The story of the Tsinghua graduate leading Meituan Dianping

PingAn Tech Fund joins backers for Israeli infection diagnostic firm MeMed

Chinese stocks slip lower, taking breather after gains related to stabilising measures

Ping An to cast tech spotlight on Singapore’s wealth market

Why Alibaba’s chip company is named after the honey badger

Meituan Dianping CEO’s net worth rises to US$5.3b on trading debut

Repairing properties mauled by Typhoon Mangkhut won’t be cheap

As with other perpetual debt, the notes issued by HSBC have no specified maturity date. Photo: Nora Tam

Companies Banking & Finance Money News

HSBC issues £1 billion of perpetual debt to meet EU capital rules

Friday, 21 September, 2018, 12:20pm

Market research firm which helped tech giants Xiaomi and Meituan Dianping in their IPO filings reveals senior executives “cannot be contacted” as investigation proceeds

Tech Business China

China executives from leading data provider detained by authorities

Friday, 21 September, 2018, 11:48am

Nan Fung Development’s LP6 project in Tseung Kwan O. Photo: Roy Issa

Hong Kong & China Business

Hong Kong set for biggest sale of new homes in 5 years

Friday, 21 September, 2018, 1:17pm 12

Rough diamonds on display at Alrosa’s office in Wan Chai. The company wants its Chinese and Hong Kong customers to trade with it in roubles instead of dollars. Photo: Roy Issa

Business

Russia’s Alrosa touts benefits of rouble trade to cut role of US dollars

Friday, 21 September, 2018, 4:30pm

Tech Business

Uber is in early talks to buy Europe's Deliveroo

Friday, 21 September, 2018, 10:45am

Hong Kong developer New World Development reports profit jumps 204 per cent to HK$23.34 billion

Property Companies Banking & Finance Markets & Investing China Business

New World Development reports 204 per cent jump in profit to HK$23.34 billion

Friday, 21 September, 2018, 7:03am

Presented Channels

Special Reports

Special Report – Belt and Road

Opinion

David Dodwell

Lessons from Typhoon Mangkhut for Trump and the world

21 Sep 2018 - 4:00pm 2

Trucks get ready to haul shipping containers at the Port of Los Angeles, America’s busiest container port, in San Pedro, California, on Tuesday. China will impose an additional US$60 billion in tariffs on US imports in retaliation to the US$200 billion in tariffs on Chinese imports set by US President Donald Trump. Photo: Getty Images / AFP

Nicholas Spiro

Trade war is good for Trump, never mind America

20 Sep 2018 - 10:31pm 14

Despite a series of early setbacks, internet entrepreneur Wang Xing has managed to build what is now considered as China’s leading on-demand services platform – Meituan Dianping

Apps & Social

The story of the Tsinghua graduate leading Meituan Dianping

21 Sep 2018 - 6:40am

Bearing the brunt: Macau workers clear up scaffolding brought down by strong winds, a day after Typhoon Mangkhut hammered there, Hong Kong and southern China. Photo: AFP)

Banking & Finance

Insurance stocks hammered by expected Mangkhut claims costs

17 Sep 2018 - 7:00pm

Hong Kong & China

Hong Kong set for biggest sale of new homes in 5 years

21 Sep 2018 - 1:17pm 12

Greenland Holdings, 46.4 per cent owned by Shanghai’s government, is in talks to take over control of Hsin Chong and its unit, using them as platforms for fundraising and for bidding for overseas projects along the belt and road plan

Banking & Finance

Greenland to take over one of Hong Kong’s oldest building firms

17 Sep 2018 - 12:47pm

US President Donald Trump during a signing ceremony August 13 for the defence bill that expanded the powers of the inter-agency Committee on Foreign Investment in the United States. Photo: AP

Banking & Finance

Around the world, doors are shutting on Chinese investment

15 Sep 2018 - 9:28am 326

Stock Quotes

FOREX

ETF

Residential properties are shown in Tsuen Wan West, including City Point (left) and Pavilia Bay (right). Photo: SCMP/ Felix Wong

Business

The most lucrative job in the world’s costliest property market? A sales agent

Wednesday, 12 September, 2018, 4:07pm READ NOW

Share Focus

Chinese stocks slip lower, taking breather after recent gains related to Beijing’s stabilising measures

Stock Talk

Chinese stocks slip lower, taking breather after gains related to stabilising measures

20 Sep 2018 - 7:32pm

Macroscope

Opinion

Trade war is good for Trump, never mind America

20 Sep 2018 - 10:31pm 14

Companies

Enterprises

Samsung plans to lower chip growth to maintain prices

Samsung Electronics is planning to curtail growth in memory chip output next year to keep supplies tight amid an expected slowing in demand, according to people briefed on the matter.

21 Sep 2018 - 2:47pm More on Samsung Electronics

China Business Companies Markets

Hong Kong broadcaster TVB wins case to block illicit streaming in Australia

Friday, 21 September, 2018, 6:46am

Stock Talk Wealth Money News Spending Markets & Investing Market Snapshot Companies Banking & Finance Markets

Chinese stocks slip lower, taking breather after gains related to stabilising measures

Thursday, 20 September, 2018, 7:32pm

Marina Bay in Singapore. A Ping An offshoot is targeting wealthy investors in the southeast Asian republic. Photo: Reuters

Wealth Companies Banking & Finance Investment Products China Business Mutual Funds Innovation E-Commerce

Ping An to cast tech spotlight on Singapore’s wealth market

Thursday, 20 September, 2018, 11:03pm

The management team of China's Meituan Dianping, an online food delivery-to-ticketing services platform, attends a news conference on its IPO in Hong Kong on September 6, 2018. The person in the middle is Wang Xing, the co-founder and CEO of Meituan. Photo: Reuters

Companies Markets

Meituan Dianping CEO’s net worth rises to US$5.3b on trading debut

Thursday, 20 September, 2018, 10:58pm 1

There were 57 blockchain projects in Singapore which raised a total of US$574.8 million through initial coin offering activities in the second quarter of this year

Enterprises Innovation Blockchain Start-ups Companies

Singapore’s central bank calls blockchain ‘fundamental’ tech to change financial services

Thursday, 20 September, 2018, 7:00am

Big Tech Enterprises Companies

Alibaba Cloud to support live broadcast of 2020 Summer Olympics in Tokyo

Wednesday, 19 September, 2018, 11:03pm

Companies

HSBC issues £1 billion of perpetual debt to meet EU capital rules

21 Sep 2018 - 12:20pm More on HSBC

Property

New World Development reports 204 per cent jump in profit to HK$23.34 billion

21 Sep 2018 - 7:03am More on New World Development

More Companies News

Retail investors give lukewarm reception to Meituan’s US$4.2 billion IPO

Tencent’s investment arm has been buying up stakes in platform companies

Huawei to launch foldable 5G smartphones by middle of next year

Markets

China Business

Hong Kong broadcaster TVB wins case to block illicit streaming in Australia

21 Sep 2018 - 6:46am More on Australia

Companies Markets

Meituan Dianping CEO’s net worth rises to US$5.3b on trading debut

Thursday, 20 September, 2018, 10:58pm 1

Stock Talk

Chinese stocks slip lower, taking breather after gains related to stabilising measures

20 Sep 2018 - 7:32pm More on Stocks

Meituan’s shares will begin trading on Thursday in Hong Kong after the company raised HK$33.14 billion. Photo: Bloomberg

Companies Markets Tech

Retail investors give lukewarm reception to Meituan’s US$4.2 billion IPO

Thursday, 20 September, 2018, 9:46am

More Markets News

Mum’s the word, as Chinese censors make discussions the first casualty of a market rout

Chinese property stocks rally on planned income tax breaks

Hillhouse Capital closes record US$10.6b Asia fund with focus on tech

China, Hong Kong stocks rally on optimism that US tariffs are priced in

European firms consider pulling out of China as trade war bites

China stock investors must prepare for more pain from trade war

Hotpot chain Haidilao’s US$963m IPO is Hong Kong’s fifth largest this year

The ‘Made in China 2025’ plan aims to break China’s reliance on foreign technology and pull its hi-tech industries up to Western levels. But it has become a lightning rod for Washington’s ire in its trade war with Beijing. This article – the first in a series on the plan – explains how it became the centre of so much attention

China Business

How threatened should the West be by China’s technology master plan?

Tuesday, 11 September, 2018, 9:05am READ NOW

Global Economy

Officials in Beijing worry Trump’s latest tariff salvoes mark a steady march towards a long-term competition that could thwart China’s rise. Photo: Bloomberg

Diplomacy

Trade war: Trump says it’s ‘time to take a stand’ on China

21 Sep 2018 - 3:37pm 3 More on US-China trade war

From left: US Republican Senators Darrell Issa and Todd Rokita used their impromptu press conference at the World Economic Forum to demand action not words from China to end the trade war. Photo: Wendy Wu

Diplomacy Global Economy China Economy

US congressmen call out China leadership over trade war stance

Thursday, 20 September, 2018, 6:53am 75

News

US complains global steel forum for failing to curb output in China

21 Sep 2018 - 3:18pm More on China economy

The government in Taipei says it has measures in place to help Taiwanese businesses move home. Photo: EPA-EFE

Diplomacy Global Economy China Economy

Taiwanese firms to flee mainland China over US tariffs, says Taipei

Wednesday, 19 September, 2018, 3:36am 17

More Global Economy News

A robot revolution is under way at the ‘world’s factory’. Here’s why

China has the advantage of having time on its side in this trade war

Concerns mounting about China’s debt a decade after financial crisis

How threatened should the West be by China’s technology master plan?

Rupee is Asia’s worst performing currency ... but is that so bleak for India?

Watch out, as an unhinged Trump may make Asia his next target

Hong Kong may be the freest economy in the world, but it comes at a price

China Economy

Diplomacy

Trade war: Trump says it’s ‘time to take a stand’ on China

21 Sep 2018 - 3:37pm 3 More on US-China trade war

News Global Economy China Economy China Business Commodities

US complains global steel forum for failing to curb output in China

Friday, 21 September, 2018, 3:18pm

News

China’s top export financing bank to help firms hit hard by trade war

21 Sep 2018 - 3:15pm More on China economy

Once-booming smaller and medium-sized businesses start to feel the squeeze from rising costs with US tariffs set to make the situation worse

China Economy News

Chinese firms start to cut jobs and move overseas as trade war bites

Friday, 21 September, 2018, 1:58am 87

More China Economy News

US congressmen call out China leadership over trade war stance

China won't manipulate currency to help it win trade war, premier says

Taiwanese firms to flee mainland China over US tariffs, says Taipei

US tariffs leave crack in door open for trade war talks with China

How will Donald Trump’s escalated tariffs affect China’s GDP?

Debate starts to focus on alternative ways to hurt America, ranging from targeting specific imports with higher tariffs to making the exports the US wants the most more expensive

China Economy Diplomacy Politics

China runs out of US goods to tax. So what’s next in the trade war?

Thursday, 20 September, 2018, 10:38pm 251

Money & Wealth

Banking & Finance

Hongkongers may soon be able to open mainland China bank accounts remotely

21 Sep 2018 - 3:37pm 2 More on Banking & Finance

Chinese actress Fan Bingbing’s disappearance since her tax evasion scandal in July poses some difficult questions for the luxury brands she endorses. Photo: EPA

Fashion & Beauty Money & Wealth Lists

Fan Bingbing’s tax evasion scandal heaps pressure on luxury brands

Monday, 17 September, 2018, 3:24pm 17

More Money & Wealthy News

NXP, getting past failed Qualcomm deal, sees China as biggest growth market

‘Would rather die on the beach than in my office’: Jack Ma on retirement

Who is that ‘free and unfettered’ spirit stepping into Jack Ma’s shoes?

Jack Ma will pass reins to Alibaba CEO Daniel Zhang in 12-month handover

Jack Ma to unveil succession plan to groom younger talent over time

Yi Gang, governor of China’s central bank, said plans for opening up the country’s financial markets would be implemented as promised. Photo: Bloomberg

China Economy Money & Wealth

China’s pledge to open financial markets ‘unaffected by trade war’

Monday, 17 September, 2018, 10:13am 6

Home prices rose 0.1 per cent in Shanghai in August, but elsewhere they rose by as much as 3.4 per cent. Photo: AFP

Money & Wealth

China’s home prices rise at fastest rate for 2 years

Saturday, 15 September, 2018, 10:06pm 1

Workers at a liquefied natural gas (LNG) storage facility of China Resources Gas (CR Gas) in Xiangyang in Hubei province, on July 14, 2018. Photo: Reuters

Commodities

This is not hot air: China’s tariff on US LNG adds to consumers’ costs

Wednesday, 8 August, 2018, 10:06pm READ NOW

Property

Property

New World Development reports 204 per cent jump in profit to HK$23.34 billion

21 Sep 2018 - 7:03am

Broken windows and glass are seen strewn on the grounds surrounding Harbour Grand Kowloon in Whampoa, Hung Hom. Photo: Nora Tam

Repairing properties mauled by Typhoon Mangkhut won’t be cheap

Thursday, 20 September, 2018, 5:11pm 10

Hong Kong & China

Hong Kong set for biggest sale of new homes in 5 years

21 Sep 2018 - 1:17pm 12

The Luohu district of Shenzhen, third in a new list of Asian tech hotspots compiled by Colliers. Photo: SCMP

Hong Kong tech hub appeal hammered by spiralling rents, high salaries

Thursday, 20 September, 2018, 6:28pm

Edition: International

Multimedia

Popular Topics

Latest News

More Headlines

Related Topics

Presented Channels

Special Reports

Follow SCMP

Stock Quotes

FOREX

ETF

Archive

Archive

Viewed

Shared

Commented