https://www.scmp.com/rss/522095/feed The latest news and top stories on David Wong, a lecturer at Hang Seng University of Hong Kong. He is the BBA-HRM Programme Director within the Department of Management. With over two decades of experience in financial and management accounting, intellectual property, human resources and supply chain management in global retail companies, he brings practical insights to his teaching. His research interests include economic geography, international business and regional development, particularly... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com He Huifeng He Huifeng A second airport has become an eagerly sought feature for several of China’s largest cities, reflecting a broader shift towards airspace competition and multi-centre aviation networks. With dual-airport systems already in place in Beijing, Shanghai and Chengdu, new projects in Hangzhou, Guangzhou and Chongqing are advancing even as concerns mount over long-term fiscal viability and regional traffic shifts. Second airports are being framed by local governments not only as capacity-expansion... https://www.scmp.com/economy/china-economy/article/3353103/chinas-high-flying-cities-set-their-sights-second-airports-competition-soars?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3353103/chinas-high-flying-cities-set-their-sights-second-airports-competition-soars?utm_source=rss_feed Sun, 17 May 2026 04:00:07 +0000 He Huifeng He Huifeng Profit growth at China’s industrial firms accelerated to a six-month high in March, as long-suppressed factory-gate prices turned positive amid disruptions from the Iran war. Total profits for China’s major industrial enterprises – those with annual revenues greater than 20 million yuan (US$2.93 million) – grew by 15.8 per cent last month, the fastest rate since September, according to data released by the National Bureau of Statistics (NBS) on Monday. Profits in the first quarter reached 1.696... https://www.scmp.com/economy/china-economy/article/3351565/china-industrial-profits-hit-6-month-high-amid-iran-war-factory-gate-prices-rebound?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3351565/china-industrial-profits-hit-6-month-high-amid-iran-war-factory-gate-prices-rebound?utm_source=rss_feed Mon, 27 Apr 2026 10:00:24 +0000 He Huifeng He Huifeng 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. One morning in December, Zhang Li showed up for work as normal at Everwin Toys in Dongguan to find a... https://www.scmp.com/economy/china-economy/article/3347333/how-chinas-tech-transformation-putting-worlds-factory-tough-spot?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3347333/how-chinas-tech-transformation-putting-worlds-factory-tough-spot?utm_source=rss_feed Sat, 21 Mar 2026 06:00:32 +0000 Ng Kang-chung Ng Kang-chung Some anxious residents of fire-ravaged Wang Fuk Court have urged Hong Kong authorities to help them climb stairs using makeshift aids when they return to their high-rise homes to collect personal belongings next month. Some lawmakers also proposed on Saturday that the government deploy wearable walking robots, stair-climbing trolleys or wheelchairs to assist elderly residents of the Tai Po estate devastated by the inferno that claimed 168 lives and displaced nearly 5,000 people in November. They... https://www.scmp.com/news/hong-kong/society/article/3344993/hi-tech-aids-proposed-help-elderly-climb-stairs-fire-ravaged-tai-po-flats?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3344993/hi-tech-aids-proposed-help-elderly-climb-stairs-fire-ravaged-tai-po-flats?utm_source=rss_feed Sat, 28 Feb 2026 15:03:36 +0000 Cindy Sui Cindy Sui How do you get youngsters interested in lessons about saving, budgeting and investing? Definitely not with lectures, said the founders of Talents Foundation, a Hong Kong charity that aims to teach young people how to manage their finances and achieve their career and life goals in a fun way. Founders Arthur Hui Ka-yu and David Wong have developed a curriculum, including a Monopoly-like board game, that teaches primary and secondary school students how to seize opportunities, such as job... https://www.scmp.com/news/hong-kong/society/article/3340284/smart-money-how-hong-kong-charity-makes-finance-lessons-fun-pupils?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3340284/smart-money-how-hong-kong-charity-makes-finance-lessons-fun-pupils?utm_source=rss_feed Sun, 18 Jan 2026 05:15:08 +0000 Julie Zhang Julie Zhang Traditional Chinese medicine (TCM) manufacturers are gearing up to go public in Hong Kong, aiming to tap the market for international expansion. TCM firms have joined the queue for initial public offerings (IPOs) in the city to test foreign investors’ appetite for their shares. The latest to join the queue are Sichuan Neautus Traditional Chinese Medicine and Hong Kong-based Herb Standard. “Hong Kong will serve as our hub for capital, research and development, as well as international... https://www.scmp.com/business/banking-finance/article/3339194/mainland-chinese-medicine-firms-tap-hong-kong-capital-fuel-global-expansion?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3339194/mainland-chinese-medicine-firms-tap-hong-kong-capital-fuel-global-expansion?utm_source=rss_feed Thu, 08 Jan 2026 10:40:08 +0000 Fiona Sun,Harvey Kong,Themis Chen Fiona Sun,Harvey Kong,Themis Chen Retired Hong Kong civil servant Ng Kook-yiu takes a shuttle bus every day from his transitional housing flat to the fire-ravaged Wang Fuk Court in Tai Po. “I long to see my home, where I spent four decades of my life. It breaks my heart to see it each time, but it is still my home,” the 76-year-old said. Ng lived alone in the housing estate before the city’s deadliest blaze in decades engulfed seven of its eight buildings on November 26, killing at least 161 people. Like other residents who were... https://www.scmp.com/news/hong-kong/society/article/3337658/holding-hope-hong-kong-fire-survivors-make-new-year-wish-home?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3337658/holding-hope-hong-kong-fire-survivors-make-new-year-wish-home?utm_source=rss_feed Thu, 25 Dec 2025 05:51:49 +0000 Mike Chan Mike Chan More than a week after an inferno ravaged Wang Fuk Court in Hong Kong’s Tai Po, one mother is agonisingly waiting to learn whether her daughter is among the 159 victims. The woman, surnamed Ng, said on Saturday that she feared she had lost her daughter after two bodies were found in a rented flat in the estate. DNA tests are pending. “My daughter’s cousin also lived there, but she had class that day and was not home,” she said, before breaking into tears. “She just graduated a week ago and we... https://www.scmp.com/news/hong-kong/society/article/3335464/hong-kong-fire-aftermath-how-victims-are-dealing-psychological-toll?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3335464/hong-kong-fire-aftermath-how-victims-are-dealing-psychological-toll?utm_source=rss_feed Sat, 06 Dec 2025 12:33:27 +0000 Jiang Chuqin Jiang Chuqin Victims of Hong Kong’s worst fire in decades have called for a unified platform to access funds and resources, as some elderly people say they feel “exhausted” having to travel around and repeatedly provide their personal information to different parties for support. Several people who lost their homes in the Tai Po fire, which had claimed 156 lives as of Tuesday, said that while retrieving new identity cards and other documents from the Immigration Department was a smooth process, they faced... https://www.scmp.com/news/hong-kong/society/article/3334829/grieving-and-exhausted-hong-kong-fire-victims-call-centralised-relief-platform?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3334829/grieving-and-exhausted-hong-kong-fire-victims-call-centralised-relief-platform?utm_source=rss_feed Tue, 02 Dec 2025 01:42:17 +0000 He Huifeng He Huifeng Students, white-collar workers and families filled the tables during a recent dinner rush at a branch of Saizeriya – a Japanese-owned chain of Italian restaurants – in the southern Chinese city of Guangzhou. In the same shopping district, a queue stretched outside a Sushiro conveyor belt sushi restaurant at 8pm. “We waited two hours for a seat, but it was worth it,” said one diner. Such scenes present a contrast to China’s generally sluggish catering market, with analysts saying that budget... https://www.scmp.com/economy/china-economy/article/3331087/japans-budget-restaurants-survivors-lost-decades-find-fans-china?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3331087/japans-budget-restaurants-survivors-lost-decades-find-fans-china?utm_source=rss_feed Mon, 03 Nov 2025 02:00:17 +0000 Fiona Sun,Oscar Liu Fiona Sun,Oscar Liu Thousands of Hongkongers have headed to mainland China to spend the National Day holiday despite local events and offerings, with residents opting for a variety of activities across the border including indoor skiing, dining and sightseeing. Crowds started to build at major checkpoints as early as 9am on Wednesday, as eager residents embarked on cross-border journeys, with many going for day trips while some also chose longer stays. They included families with young children, couples and groups... https://www.scmp.com/news/hong-kong/society/article/3327532/indoor-skiing-dining-lure-hongkongers-cross-border-national-day-trips?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3327532/indoor-skiing-dining-lure-hongkongers-cross-border-national-day-trips?utm_source=rss_feed Wed, 01 Oct 2025 11:18:14 +0000 Hadi Azmi Hadi Azmi Malaysia’s university admissions system is facing scrutiny after an ethnic Chinese student with a “near-perfect” academic record was denied entry into six accounting courses, reigniting debate over race-based preferential policies in the country’s higher education system. Edward Wong, a 20-year-old from Penang, had achieved a perfect cumulative grade point average of 4.0, top marks in all subjects, and scored 9.9 out of 10 for co-curricular activities in the national Malaysian Higher School... https://www.scmp.com/week-asia/people/article/3325575/ethnic-chinese-top-scorer-rejected-malaysian-universities-reignites-quota-debate?utm_source=rss_feed https://www.scmp.com/week-asia/people/article/3325575/ethnic-chinese-top-scorer-rejected-malaysian-universities-reignites-quota-debate?utm_source=rss_feed Mon, 15 Sep 2025 07:14:57 +0000 He Huifeng He Huifeng Passenger traffic at airports across China’s Greater Bay Area continued to rise in the first half of 2025, with Guangzhou and Shenzhen leading the region’s aviation rebound. Guangzhou’s Baiyun Airport handled 40.04 million passengers during the period, up 9.2 per cent year on year, while Shenzhen’s Baoan Airport served 32.55 million – a 10.8 per cent increase, according to figures released by the two airports. Both have now surpassed their pre-pandemic highs. International traffic at both... https://www.scmp.com/economy/china-economy/article/3319980/chinas-shenzhen-guangzhou-airports-hit-record-highs-surpass-pre-covid-passenger-levels?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3319980/chinas-shenzhen-guangzhou-airports-hit-record-highs-surpass-pre-covid-passenger-levels?utm_source=rss_feed Tue, 29 Jul 2025 09:30:08 +0000 He Huifeng He Huifeng The race for China’s provincial economy crown has turned red hot, with Jiangsu closing the gap with Guangdong through tech-driven growth. Jiangsu’s gross domestic product (GDP) now stands at 97.44 per cent of Guangdong’s, with the distance between the two provinces narrowing to 175.76 billion yuan (US$24.5 billion) in the first half of 2025 – compared to 191.62 billion yuan for the same period last year, according to data released by provincial authorities. That marks the closest margin in... https://www.scmp.com/economy/economic-indicators/article/3319135/chinas-jiangsu-province-narrows-gdp-gap-guangdong-tech-sectors-fuel-growth?utm_source=rss_feed https://www.scmp.com/economy/economic-indicators/article/3319135/chinas-jiangsu-province-narrows-gdp-gap-guangdong-tech-sectors-fuel-growth?utm_source=rss_feed Tue, 22 Jul 2025 12:00:12 +0000 He Huifeng He Huifeng A new airport project in Hegang, a rust-belt city near China’s northeastern border with Russia, marks a high-stakes effort at economic revival in a place better known for its cheap housing – where homes once sold for as little as 20,000 yuan (US$2,790), analysts said. The initiative is part of a broader effort to revive the city’s economy after years of stagnant growth, industrial decline and a shrinking population. Hegang’s local population has dropped from about 1.1 million in the 2010s to... https://www.scmp.com/economy/china-economy/article/3318781/chinese-rust-belt-city-hegang-gambles-new-airport-russian-trade-fuel-revival?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3318781/chinese-rust-belt-city-hegang-gambles-new-airport-russian-trade-fuel-revival?utm_source=rss_feed Mon, 21 Jul 2025 04:00:12 +0000