https://www.scmp.com/rss/510584/feed Latest news, analysis, explainers and updates on policy announcements, corporate developments and investment opportunities focused on the city of Foshan under the Greater Bay Area (GBA) initiative in southern China’s Pearl River Delta, the ancestral home of Bruce Lee. The coverage includes politics and policies, business, lifestyle and culture and useful to-do guides about living, working and studying in the GBA. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Coco Feng Coco Feng The city of Foshan, the country’s furniture and ceramics manufacturing hub in southern Guangdong province, has rolled out multiple initiatives to support the robotics industry in the latest example of how local governments are embracing the country’s strategic industries. The Greater Bay Area city launched two industrial funds worth at least 3.5 billion yuan (US$488 million) combined, which would be “professionally managed” for the robotics industry, Foshan Vice Mayor Liu Jie said at a press... https://www.scmp.com/tech/article/3323209/chinas-ceramics-and-furniture-hub-foshan-bets-robotics-us488-million-funding?utm_source=rss_feed https://www.scmp.com/tech/article/3323209/chinas-ceramics-and-furniture-hub-foshan-bets-robotics-us488-million-funding?utm_source=rss_feed Wed, 27 Aug 2025 00:00:14 +0000 Jess Ma Jess Ma Hong Kong recorded a new imported case of chikungunya fever on Friday, bringing the total to nine patients with the mosquito-borne disease. A Centre for Health Protection spokesman said that the latest case involved a 23-year-old man who had travelled to Foshan in Guangdong province on August 1. “He is now in a stable condition. His blood sample tested positive for the chikungunya fever virus upon laboratory testing,” the spokesman said on Friday evening. The man lives in a University of Science... https://www.scmp.com/news/hong-kong/health-environment/article/3322063/hong-kong-reports-new-imported-chikungunya-fever-case?utm_source=rss_feed https://www.scmp.com/news/hong-kong/health-environment/article/3322063/hong-kong-reports-new-imported-chikungunya-fever-case?utm_source=rss_feed Fri, 15 Aug 2025 15:25:22 +0000 Ng Kang-chung,Cannix Yau Ng Kang-chung,Cannix Yau Hong Kong’s No 2 official has urged the public not to panic over a possible outbreak of chikungunya fever, expressing confidence that infections can be contained with government workers stepping up mosquito control efforts. Chief Secretary Eric Chan Kwok-ki made the appeal as Hong Kong reported five imported cases in a week, while Tuen Mun recorded high mosquito index levels that prompted authorities to speed up implementing pest control measures. “The public does not need to panic as all the... https://www.scmp.com/news/hong-kong/health-environment/article/3321323/hong-kongs-no-2-official-urges-calm-over-fears-chikungunya-fever-outbreak?utm_source=rss_feed https://www.scmp.com/news/hong-kong/health-environment/article/3321323/hong-kongs-no-2-official-urges-calm-over-fears-chikungunya-fever-outbreak?utm_source=rss_feed Sat, 09 Aug 2025 11:43:21 +0000 Julie Zhang,Aileen Chuang Julie Zhang,Aileen Chuang Investors lapped up the stock of the Chinese condiment maker Foshan Haitian Flavouring and Food during its trading debut on the Hong Kong exchange, after its HK$10.1 billion (US$1.3 billion) listing became the bourse’s second-largest of the year and cemented Hong Kong as the leading global fundraising venue. Trading under code 3288, Haitian’s shares closed 0.6 per cent higher in a declining market, after rising by as much as 4.7 per cent to an intraday high of HK$38, compared with their offer... https://www.scmp.com/business/banking-finance/article/3314988/investors-lap-soy-sauce-maker-haitians-stock-hong-kong-trading-debut-33-gain?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3314988/investors-lap-soy-sauce-maker-haitians-stock-hong-kong-trading-debut-33-gain?utm_source=rss_feed Thu, 19 Jun 2025 01:30:41 +0000 Julie Zhang,Aileen Chuang Julie Zhang,Aileen Chuang Foshan Haitian Flavouring and Food Company, the largest listed condiments producer in mainland China, is seeking to raise up to HK$9.56 billion (US$1.22 billion) in Hong Kong, marking one of the city’s largest initial public offerings (IPOs) this year and giving a boost to its status as a world-leading fundraising hub. The Shanghai-listed company is offering 263.2 million shares at HK$35 to HK$36.30 each, with the final offer price to be determined by June 17, Haitian said in a Hong Kong stock... https://www.scmp.com/business/banking-finance/article/3313937/haitian-eyes-us122-billion-hong-kong-ipo-soy-sauce-maker-joins-beeline-city?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3313937/haitian-eyes-us122-billion-hong-kong-ipo-soy-sauce-maker-joins-beeline-city?utm_source=rss_feed Wed, 11 Jun 2025 02:46:10 +0000 SCMP Reporter SCMP Reporter Hong Kong is the most competitive city in the Greater Bay Area in three of six critical industries, according to an index that compares the relative advantages of the southern Chinese region’s 11 cities. Hong Kong tops the charts for financial services, trade and logistics, as well as culture, sports and tourism, according to the inaugural GBA Industry Development Index compiled by Our Hong Kong Foundation (OHKF) and Dah Sing Bank. The remaining three industries are innovation and technology,... https://www.scmp.com/business/article/3285261/hong-kong-leads-greater-bay-area-finance-logistics-and-tourism-index-shows?utm_source=rss_feed https://www.scmp.com/business/article/3285261/hong-kong-leads-greater-bay-area-finance-logistics-and-tourism-index-shows?utm_source=rss_feed Tue, 05 Nov 2024 08:00:17 +0000 Aileen Chuang Aileen Chuang Midea Group’s shares advanced in their Hong Kong trading debut, as the city’s largest initial public offering (IPO) in more than three years sizzled ahead of a widely expected rate cut from the US Federal Reserve later this week. Using the stock code 0300, shares of the world’s largest maker of home appliances changed hands at HK$59.20 each when Midea Chairman Paul Fang Hongbo struck the ceremonial gong at Hong Kong’s stock exchange to mark the start of trading. The stock ended the day at... https://www.scmp.com/business/banking-finance/article/3278796/midea-shares-rise-hong-kong-trading-debut-citys-largest-ipo-2021-sizzles?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3278796/midea-shares-rise-hong-kong-trading-debut-citys-largest-ipo-2021-sizzles?utm_source=rss_feed Tue, 17 Sep 2024 01:34:52 +0000 An uptick in China’s Covid-19 infections and concerns about new variant EG.5 have led to speculation about whether the country is experiencing a “third wave” of coronavirus cases, but public health data suggests the risk of severe illness and death remains low. According to the Chinese Centre for Disease Control and Prevention (CDC), the infection rate steadily declined from the end of May, hitting a low of 12 per cent in mid-July, but then saw a slight rebound, reaching 13.4 per cent by the end... https://www.scmp.com/news/china/science/article/3231447/chinas-rising-covid-cases-and-new-variant-spark-concerns-about-third-wave?utm_source=rss_feed https://www.scmp.com/news/china/science/article/3231447/chinas-rising-covid-cases-and-new-variant-spark-concerns-about-third-wave?utm_source=rss_feed Thu, 17 Aug 2023 13:31:04 +0000 A Hong Kong university research team is using artificial intelligence to develop a way to teach the Chinese martial art of wing chun, and keep alive the legacy of legendary grandmaster Ip Man. His grandson, Ip Kong-chiu, a grandmaster himself, will demonstrate the movements of the martial art’s first form, Siu Nim Tau, which will then be turned into software to teach primary and secondary school pupils. The year-long project is the idea of wing chun enthusiast Kaman Lee Ka-man, head of the... https://www.scmp.com/news/hong-kong/society/article/3154160/ip-man-goes-ai-team-university-hong-kong-develops-software?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3154160/ip-man-goes-ai-team-university-hong-kong-develops-software?utm_source=rss_feed Sat, 30 Oct 2021 01:30:29 +0000 Guangzhou R&F Properties’ services unit has decided to sell three assets that form the core of a potential Hong Kong stock offer to a competitor for cash, seeking a bailout as the Chinese central bank’s crackdown on debt ceilings since August 2020 is starving companies of much-needed cash. Country Garden Services Holdings, a unit of one of China’s largest property developers Country Garden Holdings, said it would pay 10 billion yuan (US$1.6 billion) to R&F Properties Services for three companies... https://www.scmp.com/business/companies/article/3149483/guangzhou-rf-sells-assets-country-garden-10-billion-yuan-cash?utm_source=rss_feed https://www.scmp.com/business/companies/article/3149483/guangzhou-rf-sells-assets-country-garden-10-billion-yuan-cash?utm_source=rss_feed Mon, 20 Sep 2021 16:31:09 +0000 Running on the western bank of the Xi River in Foshan city in southern China’s Greater Bay Area, a revolution in transport is quietly under way, one that the Chinese government hopes will slash kerbside pollution and pave the way for public transport to become truly emissions-free. A tram running 6.6 kilometres from Cangjiang Road to Zhihu in the Gaoming district has been operating since late 2019, powered by so-called “blue” hydrogen produced through breaking down methane gas into carbon... https://www.scmp.com/business/companies/article/3149113/chinas-carbon-neutral-goal-foshan-leads-silent-revolution-green?utm_source=rss_feed https://www.scmp.com/business/companies/article/3149113/chinas-carbon-neutral-goal-foshan-leads-silent-revolution-green?utm_source=rss_feed Sat, 18 Sep 2021 02:15:13 +0000