The Post wins top prize and second runner-up at 2022 Citi Journalistic Excellence Awards

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Deputy Business Editor Peggy Sito won the top award for her December 2021 feature about a significant reform in China’s national pricing scheme for pharmaceuticals

Former technology reporter Jane Zhang won second runner-up with her March 2021 report from Wuhan about false promises at a local semiconductor foundry

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Published: 8:30pm, 26 Apr 2022Updated: 9:25pm, 26 Apr 2022

South China Morning Post has won two of the top three prizes at the 2022 Citi Journalistic Excellence Awards, administered by the Columbia University Graduate School of Journalism.

Deputy Business Editor Peggy Sito won the top award for her December 2021 feature story about a significant reform in China’s national pricing scheme for pharmaceuticals.

Former technology reporter Jane Zhang, now working for Bloomberg, won second runner-up with her March 2021 report from Wuhan about how a local chip maker had based its hopes of catching up with the country’s biggest semiconductor foundry on a string of false promises.

“Timely, objective and accurate reporting on business, economic and financial issues lead to a more informed public,” said Angel Ng, Asia-Pacific Head of Citi Global Wealth and CEO for Citi Hong Kong & Macau, which has sponsored the awards for 13 years. “Congratulations to our award winners on their outstanding work and commitment to journalistic excellence. In-depth and forward-thinking reporting is, and will continue to be, crucial to the progress and development of the financial industry and society as a whole.”

The first runner-up award went to Sing Tao Daily’s Miki Kwong, for her Chinese-language story about a bubble brewing in non-fungible tokens (NFT) amid the industry’s hype, an article which also bagged her the Newcomer of the Year honour.

Edmond Wong’s report about US interest rates and Hong Kong’s currency peg, aired on Cable TV, was hailed as the Broadcast of the Year.