The Year of the Rabbit is likely to boost the retirement funds of Hong Kong’s 4.5 million MPF members. Photo: May Tse
Mandatory Provident Fund (MPF)

China reopening bodes well for Hongkongers’ pension pot in Year of the Rabbit

27 Jan 2023 - 11:30AM

The city’s Mandatory Provident Fund members will look forward to a boost to their retirement savings provided by China’s reopening in the Year of the Rabbit following a disastrous Year of the Tiger.

The Year of the Rabbit is likely to boost the retirement funds of Hong Kong’s 4.5 million MPF members. Photo: May Tse

China reopening bodes well for Hongkongers’ pension pot in Year of the Rabbit

The city’s Mandatory Provident Fund members will look forward to a boost to their retirement savings provided by China’s reopening in the Year of the Rabbit following a disastrous Year of the Tiger.

27 Jan 2023 - 11:30AM

EVs put China on course to overtake Japan as No. 1 car exporter

The growing manufacturing and technological prowess of China’s domestic EV makers could soon see the nation unseat Japan as the world’s largest car exporter, where volumes have stagnated, analysts say.

26 Jan 2023 - 9:51PM

Tesla won’t build new assembly line in China amid weak premium EV sales

Tesla does not expect a near-term volume increase at its Shanghai Gigafactory, which the US electric carmaker says ‘has been successfully running near full capacity for several months’.

26 Jan 2023 - 4:30PM
Cars and trucks for export are parked at a port in Yantai in eastern China’s Shandong province. Photo: Chinatopix via AP

EVs put China on course to overtake Japan as No. 1 car exporter

The growing manufacturing and technological prowess of China’s domestic EV makers could soon see the nation unseat Japan as the world’s largest car exporter, where volumes have stagnated, analysts say.

26 Jan 2023 - 9:51PM
Electric & new energy vehicles

Tesla won’t build new assembly line in China amid weak premium EV sales

Tesla does not expect a near-term volume increase at its Shanghai Gigafactory, which the US electric carmaker says ‘has been successfully running near full capacity for several months’.

Tesla does not expect a near-term volume increase at its Shanghai Gigafactory, which the US electric carmaker says ‘has been successfully running near full capacity for several months’.

26 Jan 2023 - 4:30PM
Banking & finance

Gold jewellery sales in Hong Kong set to surge as weddings, tourists return

Gold jewellery sales in Hong Kong are likely to increase by more than 30 per cent in the Year of Rabbit, boosted by the return of weddings and other celebrations after the government scrapped social distancing measures, industry players said.

Gold jewellery sales in Hong Kong are likely to increase by more than 30 per cent in the Year of Rabbit, boosted by the return of weddings and other celebrations after the government scrapped social distancing measures, industry players said.

26 Jan 2023 - 1:16PM

Can China’s recovery turbo-charge H stocks into catching up?

The price gap between Hong Kong stocks and their mainland Chinese counterparts has narrowed to the smallest since April 2021, as gains in the world’s fourth-largest market have outstripped those of mainland equities.

25 Jan 2023 - 9:30AM
Can China’s recovery turbo-charge H stocks into catching up?

Hong Kong’s retailing faces a slow slog even as border opens

The recovery of Hong Kong’s retail market is likely to be slow and uncertain, as surging Covid-19 infections in mainland China and a huge supply glut limit any boost from the reopening of the border, according to industry leaders.

24 Jan 2023 - 11:28AM
Hong Kong’s retailing faces a slow slog even as border opens

Gold jewellery sales in Hong Kong set to surge as weddings, tourists return

Gold jewellery sales in Hong Kong are likely to increase by more than 30 per cent in the Year of Rabbit, boosted by the return of weddings and other celebrations after the government scrapped social distancing measures, industry players said.

26 Jan 2023 - 1:16PM

Can China’s recovery turbo-charge H stocks into catching up?

The price gap between Hong Kong stocks and their mainland Chinese counterparts has narrowed to the smallest since April 2021, as gains in the world’s fourth-largest market have outstripped those of mainland equities.

25 Jan 2023 - 9:30AM

Hong Kong’s retailing faces a slow slog even as border opens

The recovery of Hong Kong’s retail market is likely to be slow and uncertain, as surging Covid-19 infections in mainland China and a huge supply glut limit any boost from the reopening of the border, according to industry leaders.

24 Jan 2023 - 11:28AM
Money | OPINION
The People’s Bank of China has responded to the latest renminbi depreciation pressure with a laudable policy of “benign neglect”. Photo: Reuters

Opinion | Why China should keep focus on growth and not worry about a weak yuan

The yuan has weakened significantly against the dollar multiple times since 2015, with the People’s Bank of China fighting to defend its value for fear of a collapse. But despite a sharp depreciation again this year, policymakers have held back, suggesting a stronger confidence in the Chinese economy.

22 Dec 2022 - 4:30PM

Opinion | Strong dollar crisis: what we can learn from Japan’s ‘weak’ yen

Rather than burning reserves to defend their currencies, countries should be conserving resources, given the looming debt and financial system crises.

Rather than burning reserves to defend their currencies, countries should be conserving resources, given the looming debt and financial system crises.

30 Oct 2022 - 11:15AM
Strong dollar crisis: what we can learn from Japan’s ‘weak’ yen

Eye on Asia | How Japan’s foray into a digital yen could be its key to Web 3.0 universe

While Japan may have no plan to launch a CBDC, its moves to study it in conjunction with digital assets belie a deep interest in Web 3.0 and the metaverse. A digital yen could boost digital payments by offering a widely accessible, zero-fee solution, even as Web 3.0 generates more interest in cashless payments

While Japan may have no plan to launch a CBDC, its moves to study it in conjunction with digital assets belie a deep interest in Web 3.0 and the metaverse. A digital yen could boost digital payments by offering a widely accessible, zero-fee solution, even as Web 3.0 generates more interest in cashless payments

20 Jun 2022 - 10:30AM
How Japan’s foray into a digital yen could be its key to Web 3.0 universe

Money | Explore more