The long-awaited preferential tax policies are regarded as a major tool for attracting people to enrol in the voluntary pension scheme. Photo: AFP
Banking & finance
China’s new tax cuts for private pensions likely to lure participants
3 Oct 2022 - 6:00PM

Tax on withdrawal of funds is down to 3 per cent from 7.5 per cent, a move likely to drive participation and buoy a market seen reaching US$1.4 trillion by 2030.

The long-awaited preferential tax policies are regarded as a major tool for attracting people to enrol in the voluntary pension scheme. Photo: AFP
China’s new tax cuts for private pensions likely to lure participants

Tax on withdrawal of funds is down to 3 per cent from 7.5 per cent, a move likely to drive participation and buoy a market seen reaching US$1.4 trillion by 2030.

3 Oct 2022 - 6:00PM
CALB wants to raise as much as HK$13.6b in Hong Kong IPO

The Jiangsu-based company said it would float 265.8 million shares at a price between HK$38 and HK$51 apiece, which would provide a boost for Hong Kong’s IPO market.

22 Sep 2022 - 9:16PM
Star stock picker Cathie Wood goes on dip-buying on Wall Street

Wood has stuck to her strategy of doubling-down on losers and offloading winners even as Ark’s US$8 billion ARK Innovation ETF fell 55 per cent in 2022.

15 Sep 2022 - 10:38AM
China Aviation Lithium Battery (CALB), the country’s third-largest electric vehicle (EV) battery maker. Photo: Handout
CALB wants to raise as much as HK$13.6b in Hong Kong IPO

The Jiangsu-based company said it would float 265.8 million shares at a price between HK$38 and HK$51 apiece, which would provide a boost for Hong Kong’s IPO market.

22 Sep 2022 - 9:16PM
US-listed Chinese stocks
Star stock picker Cathie Wood goes on dip-buying on Wall Street

Wood has stuck to her strategy of doubling-down on losers and offloading winners even as Ark’s US$8 billion ARK Innovation ETF fell 55 per cent in 2022.

Wood has stuck to her strategy of doubling-down on losers and offloading winners even as Ark’s US$8 billion ARK Innovation ETF fell 55 per cent in 2022.

15 Sep 2022 - 10:38AM
China property
China property developers’ woes threaten upstream, downstream suppliers

Two-thirds of major listed companies in closely aligned sectors such as construction reported falling first-half profits, with half swinging from profit to loss.

Two-thirds of major listed companies in closely aligned sectors such as construction reported falling first-half profits, with half swinging from profit to loss.

11 Sep 2022 - 12:30PM
China analyst banned from social media joins hedge fund in Hong Kong

Former Bocom analyst critical of the economic consequences of China’s Covid-19 policy, will join a Chinese hedge fund based in Hong Kong.

31 Aug 2022 - 1:54PM
China analyst banned from social media joins hedge fund in Hong Kong
Could China’s rental property Reits finance its debt-ridden developers?

The first batch of China’s subsidised rental property real estate investment trusts (Reits) will be issued as soon as next week and has sparked hopes that it could come to the rescue of the country’s debt-ridden property developers.

14 Aug 2022 - 12:30PM
Could China’s rental property Reits finance its debt-ridden developers?
China property developers’ woes threaten upstream, downstream suppliers

Two-thirds of major listed companies in closely aligned sectors such as construction reported falling first-half profits, with half swinging from profit to loss.

11 Sep 2022 - 12:30PM
China analyst banned from social media joins hedge fund in Hong Kong

Former Bocom analyst critical of the economic consequences of China’s Covid-19 policy, will join a Chinese hedge fund based in Hong Kong.

31 Aug 2022 - 1:54PM
Could China’s rental property Reits finance its debt-ridden developers?

The first batch of China’s subsidised rental property real estate investment trusts (Reits) will be issued as soon as next week and has sparked hopes that it could come to the rescue of the country’s debt-ridden property developers.

14 Aug 2022 - 12:30PM
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China’s yuan is gaining status as a reserve currency
Opinion | China’s yuan is gaining status as a reserve currency
  • Central banks around the world are showing interest in increasing their foreign reserves in the Chinese yuan
17 Feb 2019 - 11:43PM
Opinion | Plot thickens for Abe’s third term in Japan

Shinzo Abe is poised to become Japan’s long serving prime minister on Thursday, a chance to fulfil his dream to revise the pacifist constitution. Yet Donald Trump’s trade war and slowing demand may get in the way, writes William Pesek.

Shinzo Abe is poised to become Japan’s long serving prime minister on Thursday, a chance to fulfil his dream to revise the pacifist constitution. Yet Donald Trump’s trade war and slowing demand may get in the way, writes William Pesek.

16 Sep 2018 - 7:10PM
Plot thickens for Abe’s third term in Japan
China’s yuan is gaining status as a reserve currency
Opinion | China’s yuan is gaining status as a reserve currency
17 Feb 2019 - 11:43PM
Opinion | Plot thickens for Abe’s third term in Japan

Shinzo Abe is poised to become Japan’s long serving prime minister on Thursday, a chance to fulfil his dream to revise the pacifist constitution. Yet Donald Trump’s trade war and slowing demand may get in the way, writes William Pesek.

16 Sep 2018 - 7:10PM

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