https://www.scmp.com/rss/521807/feed The latest news and top stories on Chinese University of Hong Kong Business School. A prominent Hong Kong-based educational institution, CUHK Business School is dedicated to pioneering global business leaders for the Asian Century. Established in 1963, it was the first in Asia to offer a full suite of BBA, MBA, and Executive MBA programmes. Its main areas of focus include comprehensive business education and cutting-edge research across various disciplines like finance and marketing. Recognised... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Enoch Yiu Enoch Yiu The former managing director and chief China economist of bourse operator Hong Kong Exchanges and Clearing (HKEX), Ba Shusong, has not appeared in public recently and could not be contacted, according to two sources familiar with the situation. Ba is important academic who frequently gave speeches at major conferences over the past decade on behalf of HKEX, speaking about Hong Kong’s role as a connector between mainland China and the world. Mainland media outlets reported that Ba was missing,... https://www.scmp.com/business/markets/article/3347879/former-hong-kong-exchange-executive-ba-shusong-reported-out-public-sight?utm_source=rss_feed https://www.scmp.com/business/markets/article/3347879/former-hong-kong-exchange-executive-ba-shusong-reported-out-public-sight?utm_source=rss_feed Wed, 25 Mar 2026 10:30:21 +0000 Mia Nurmamat Mia Nurmamat As China undergoes a sweeping economic transition, its regions are also in the process of embracing change. The powerhouses of yesteryear must adapt or risk falling behind, as traditional industries become less reliable growth drivers and new sectors take prominence. In this series, we explore three representative areas of the country as they attempt to navigate this rapidly changing environment. After Joyce Wu moved from Hainan province to Hong Kong in 2013, she marvelled for years at the... https://www.scmp.com/economy/china-economy/article/3347581/chinas-hainan-wants-more-beach-tourism-will-new-customs-rules-cause-sea-change?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3347581/chinas-hainan-wants-more-beach-tourism-will-new-customs-rules-cause-sea-change?utm_source=rss_feed Mon, 23 Mar 2026 22:00:10 +0000 Theodora Yu Theodora Yu Hong Kong’s fresh graduates are facing increasingly challenging career prospects, with 69 per cent of job sectors recording their fewest vacancies in six years, a trend experts attribute to the rise of artificial intelligence (AI) and a sluggish economy. Figures from the Joint Institution Job Information System, a centralised online job information platform shared by the city’s eight publicly funded universities, also showed that the number of job vacancies fell to a five-year low of 30,798 last... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3346406/hong-kong-job-openings-hit-6-year-low-69-sectors-amid-ais-ascent?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3346406/hong-kong-job-openings-hit-6-year-low-69-sectors-amid-ais-ascent?utm_source=rss_feed Fri, 13 Mar 2026 02:00:15 +0000 Carol Yang Carol Yang Chinese investors rank US-China relations and domestic demand as their top two concerns for the next 12 months, while highlighting a weak property market and declining birth rates as key risks, according to quarterly survey results. While the outlook has instilled a continued sense of caution following a year of volatility and policy-driven rebounds, the overall investor sentiment remains resilient, the Cheung Kong Graduate School of Business (CKGSB) in Beijing said on Wednesday about its... https://www.scmp.com/economy/global-economy/article/3341567/what-haunts-chinas-investors-us-geopolitics-and-birth-dearth-survey-finds?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3341567/what-haunts-chinas-investors-us-geopolitics-and-birth-dearth-survey-finds?utm_source=rss_feed Wed, 28 Jan 2026 13:30:08 +0000 SCMP Editorial SCMP Editorial Owning a home has long been an elusive dream for many young people in Hong Kong, but an alarming new study shows how much harder it now is to climb the housing ladder. Authorities should carefully review the research and redouble efforts to reverse the trend before it does more damage to society. The University of Hong Kong Business School study found the proportion of subsidised homeowners aged 30 to 39 had nearly halved to 16 per cent over the past three decades. The “Hong Kong Economic Policy... https://www.scmp.com/opinion/comment/article/3340375/hong-kong-must-tackle-demoralising-impact-unaffordable-housing?utm_source=rss_feed https://www.scmp.com/opinion/comment/article/3340375/hong-kong-must-tackle-demoralising-impact-unaffordable-housing?utm_source=rss_feed Mon, 19 Jan 2026 22:45:08 +0000 Wynna Wong Wynna Wong Hong Kong’s young adults are being pushed off the housing ladder, with the proportion of subsidised homeowners aged 30 to 39 nearly halving to 16 per cent over the past three decades, and a mid-sized private flat now costing more than 18 years of an average household’s combined income, a study shows. The “Hong Kong Economic Policy Green Paper 2026”, released by the University of Hong Kong Business School on Wednesday, highlighted a long-term shift in Hong Kong’s housing landscape. Overall home... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3339911/pushed-ladder-young-hongkongers-subsidised-flats-halve-20-years?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3339911/pushed-ladder-young-hongkongers-subsidised-flats-halve-20-years?utm_source=rss_feed Wed, 14 Jan 2026 12:43:01 +0000 Zhu Wenqian Zhu Wenqian Ikea will close seven stores in mainland China, as the multinational furniture retailer grapples with the country’s weak property market and sluggish consumer spending, which have dampened demand for its goods. Following a comprehensive review, Ikea China said the seven stores would cease operations from February 2. These are located in Shanghai’s suburban Baoshan district, Guangzhou, Tianjin, Nantong and Xuzhou in eastern Jiangsu province, Ningbo in eastern Zhejiang province and Harbin in... https://www.scmp.com/business/china-business/article/3339068/furniture-retailer-ikea-close-seven-stores-china-amid-property-market-slump?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3339068/furniture-retailer-ikea-close-seven-stores-china-amid-property-market-slump?utm_source=rss_feed Wed, 07 Jan 2026 10:30:44 +0000 Zhu Wenqian Zhu Wenqian China will lower value-added tax (VAT) on individual home resales from January 1, but while the measure has drawn interest from consumers, property agents have said most remain cautious and are adopting a wait-and-see approach. The policy would work to a certain extent, but its ability to revive the housing market was likely to be limited, they added. Individuals selling residential properties within two years of purchase would now be subject to a VAT rate of 3 per cent, down from 5 per cent,... https://www.scmp.com/business/banking-finance/article/3338284/china-housing-market-gets-vat-relief-resales-demand-outlook-stays-subdued?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3338284/china-housing-market-gets-vat-relief-resales-demand-outlook-stays-subdued?utm_source=rss_feed Wed, 31 Dec 2025 09:30:12 +0000 Mia Nurmamat,Alice Li Mia Nurmamat,Alice Li With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. On a busy roadside in Riyadh, K-pop music – popular among the city’s youth – pulses from the speakers of Javis Wang’s bubble tea shop. His stores have... https://www.scmp.com/economy/china-economy/article/3335080/beyond-factories-how-chinas-trendy-brands-turn-local-success-global-influence?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3335080/beyond-factories-how-chinas-trendy-brands-turn-local-success-global-influence?utm_source=rss_feed Wed, 03 Dec 2025 22:00:13 +0000 Ambrose Li Ambrose Li Wage growth in Hong Kong has slowed from 3.5 per cent in 2024 to 2.5 per cent this year, mirroring a cooling trend across the Greater Bay Area, with salaries declining significantly after the United States launched a trade war in April, according to a survey. The 2025 Guangdong-Hong Kong-Macau Greater Bay Area Pay and Benefits Survey, released on Thursday, also found the impact of the emigration-led brain drain on the city’s workforce had eased for the first time since 2018. “The impact of... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3330051/hong-kong-wage-growth-slows-35-25-line-greater-bay-area-trend?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3330051/hong-kong-wage-growth-slows-35-25-line-greater-bay-area-trend?utm_source=rss_feed Thu, 23 Oct 2025 08:33:36 +0000 Vincent Chow Vincent Chow A new real-market cryptocurrency trading experiment that pits leading artificial intelligence models against one another to evaluate their respective investing abilities has seen a DeepSeek model outperform rivals so far. In Alpha Arena, launched on Saturday by US research firm Nof1, six large language models (LLMs) were given US$10,000 each to invest in six cryptocurrency perpetual contracts on the decentralised exchange Hyperliquid, including bitcoin and solana. As of 2pm on Tuesday,... https://www.scmp.com/tech/tech-trends/article/3329784/deepseek-outperforms-ai-rivals-real-money-real-market-crypto-showdown?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3329784/deepseek-outperforms-ai-rivals-real-money-real-market-crypto-showdown?utm_source=rss_feed Tue, 21 Oct 2025 10:00:22 +0000