https://www.scmp.com/rss/522559/feed The latest news and top stories on Natixis Corporate and Investment Bank. Paris-headquartered Natixis specialises in advisory, investment banking, financing, corporate banking, and capital markets services. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Xinyi Wu Xinyi Wu Beijing has raised the limit on banks’ overseas lending – a move that analysts say will support Chinese firms in outbound investment expansions while helping to stabilise the yuan. Regulators raised the overseas-loan leverage ratio for foreign banks in China and their joint ventures with Chinese lenders from 0.5 to 1.5 on Wednesday, according to a statement published by the central bank and the foreign exchange regulator. In a separate statement, the regulators said that the new rules would... https://www.scmp.com/economy/china-economy/article/3350350/chinas-pboc-raises-leverage-ratios-foreign-lenders-support-outbound-investment?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3350350/chinas-pboc-raises-leverage-ratios-foreign-lenders-support-outbound-investment?utm_source=rss_feed Thu, 16 Apr 2026 12:30:13 +0000 Xinyi Wu,Mia Nurmamat Xinyi Wu,Mia Nurmamat China’s economy grew 5 per cent year on year in the first quarter, beating market expectations despite the global impact of the US-Israel war in Iran, which analysts said indicates the country remains on track to meet its full-year growth target without the need for near-term stimulus. The closely watched gross domestic product growth figure, released by the National Bureau of Statistics (NBS) on Thursday, beat the 4.86 per cent forecast by economists polled by financial data provider Wind. It... https://www.scmp.com/economy/economic-indicators/article/3350237/china-records-5-gdp-growth-first-quarter-track-annual-target?utm_source=rss_feed https://www.scmp.com/economy/economic-indicators/article/3350237/china-records-5-gdp-growth-first-quarter-track-annual-target?utm_source=rss_feed Thu, 16 Apr 2026 02:00:21 +0000 Ambrose Li,Wynna Wong Ambrose Li,Wynna Wong Hong Kong traveller Mr Lau is among those turning to high-speed rail trips or flights to mainland China after being deterred from international air travel by rising costs, particularly fuel surcharges, as war in the Middle East rages. The 34-year-old, who was travelling to neighbouring Guangzhou with his wife for a three-day trip on a high-speed train on Friday, said he had done some calculations since airlines’ fuel surcharges rose, noting that a return train trip between the two cities cost... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3349064/hong-kong-tourists-choose-safety-affordability-trips-mainland-china?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3349064/hong-kong-tourists-choose-safety-affordability-trips-mainland-china?utm_source=rss_feed Sun, 05 Apr 2026 04:32:30 +0000 Wynna Wong Wynna Wong Hong Kong’s initiatives to develop an intellectual property (IP) economy remain loosely defined and will require sustained investment and clearer coordination to take shape, industry players and analysts have said, following the latest budget outlining plans to turn the city into a regional IP trading hub. Financial Secretary Paul Chan Mo-po said in his budget address last month that authorities aimed to strengthen Hong Kong’s role in IP trading – including by refining tax arrangements,... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3348449/hong-kongs-ip-hub-ambitions-require-sustained-investment-coordination-experts?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3348449/hong-kongs-ip-hub-ambitions-require-sustained-investment-coordination-experts?utm_source=rss_feed Tue, 31 Mar 2026 00:30:08 +0000 Wynna Wong Wynna Wong More than 60 new brands, mostly luxury labels, will move into K11 Musea as part of a revamp to boost the shopping centre’s offerings, but an analyst has warned of a complicated external environment weighing on the retail sector’s prospects. These brands are set to join the Tsim Sha Tsui mall in a tenant overhaul covering about 30 per cent of its retail space, with operators expecting rents for the revamped stores to rise by double digits. New or expanded flagship stores include Audemars Piguet,... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3347486/luxury-brands-bet-growth-well-heeled-tourists-flock-hong-kong-events?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3347486/luxury-brands-bet-growth-well-heeled-tourists-flock-hong-kong-events?utm_source=rss_feed Mon, 23 Mar 2026 02:30:13 +0000 Wynna Wong Wynna Wong Demand for some regional holiday destinations among Hong Kong travellers has jumped by as much as 30 per cent ahead of Easter, as locals seek to avoid long-haul trips amid rising airfares and disrupted routes caused by the ongoing war in Iran, according to industry players. Travel agencies said the number of inquiries for trips to Japan, South Korea, mainland China and Australia had risen by between 10 and 30 per cent since the war escalated, while demand for destinations linked to the Middle... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3346683/30-jump-demand-regional-holidays-among-hongkongers-amid-middle-east-war?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3346683/30-jump-demand-regional-holidays-among-hongkongers-amid-middle-east-war?utm_source=rss_feed Mon, 16 Mar 2026 00:30:16 +0000 Luna Sun Luna Sun Japan’s unilateral decision to release oil from its emergency stockpiles highlights its vulnerability to prolonged supply disruptions and may leave it more exposed to economic pressure from China amid tense bilateral relations, according to analysts. Tokyo announced earlier this week that it planned to release a total of 80 million barrels starting March 16, marking the first time it would independently tap its national reserves. The decision came ahead of a coordinated response by the... https://www.scmp.com/economy/global-economy/article/3346499/japan-taps-oil-reserves-iran-war-spreads-could-it-give-china-leverage?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3346499/japan-taps-oil-reserves-iran-war-spreads-could-it-give-china-leverage?utm_source=rss_feed Fri, 13 Mar 2026 10:00:15 +0000 Coco Feng Coco Feng Technology stocks across China, South Korea and Japan have taken a beating as risk-off sentiment sweeps markets amid escalating fears that the US-Iran war may further disrupt tech infrastructure and supply chains. Hong Kong and Chinese tech stocks have been affected to a lesser degree than their Korean and Japanese peers because of the different levels of exposure to energy and shipping disruptions caused by the Middle East turmoil, analysts said. In Seoul, the Kospi index sank over 12 per cent... https://www.scmp.com/tech/article/3345407/asian-tech-stocks-reel-us-iran-war-disrupts-energy-logistics-supply-chains?utm_source=rss_feed https://www.scmp.com/tech/article/3345407/asian-tech-stocks-reel-us-iran-war-disrupts-energy-logistics-supply-chains?utm_source=rss_feed Wed, 04 Mar 2026 09:04:16 +0000 Enoch Yiu Enoch Yiu When Wilson Chan Fung-cheung joined Hong Kong’s banking industry as a foreign-exchange trader more than four decades ago, his work involved US dollars, UK pounds, Japanese yen and various European and Asian currencies – but not Chinese yuan. “Back then, there was no yuan trading at all as, in fact, the internationalisation of the yuan only started in 2009,” recalled Chan, who has worked for various Chinese banks. Beijing’s decision that year to promote its currency for wider use in trade,... https://www.scmp.com/business/banking-finance/article/3344464/why-chinas-path-financial-superpower-status-could-begin-hong-kong?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3344464/why-chinas-path-financial-superpower-status-could-begin-hong-kong?utm_source=rss_feed Tue, 24 Feb 2026 15:00:09 +0000 Sylvia Ma Sylvia Ma With Hong Kong set to unveil its annual budget, economists have said the city should strengthen its role in pushing the internationalisation of the Chinese yuan as Beijing presses ahead with financial opening while keeping stability firmly in view. From expanding offshore yuan products to using its stablecoin regulations as a sandbox for potential cross-border payment channels, the experts said that Hong Kong could help realise the nation’s vision of becoming a “financial powerhouse”, especially... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3344264/should-hong-kongs-next-budget-make-room-taking-yuan-global-experts-weigh?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3344264/should-hong-kongs-next-budget-make-room-taking-yuan-global-experts-weigh?utm_source=rss_feed Mon, 23 Feb 2026 00:00:30 +0000 Oscar Liu Oscar Liu Hong Kong recorded a 13 per cent increase in visitors from mainland China during the Lunar New Year holiday against a year ago, with the influx boosting jewellery sales by 10 per cent during the period despite a sharp rise in gold prices. Industry representatives said on Sunday that overall business was better than last year, although the recovery remained uneven across sectors and was not always directly tied to the greater number of mainland visitors. Immigration figures showed mainland... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3344261/hong-kong-jewellery-sales-sparkle-amid-13pc-jump-mainland-chinese-visitors?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3344261/hong-kong-jewellery-sales-sparkle-amid-13pc-jump-mainland-chinese-visitors?utm_source=rss_feed Sun, 22 Feb 2026 10:57:54 +0000 Julie Zhang,Themis Qi Julie Zhang,Themis Qi Thousands of Chinese retail investors spent the last day of the Year of the Snake on Monday filing complaints against UBS SDIC Fund Management for an overnight valuation change that caused steep losses for holders of its silver fund, even after the firm offered remedies. More than 200,000 people lodged complaints against the operator of the country’s only silver fund after the controversial change on February 2, according to Xiaofei Bao, an online Chinese consumer protection platform. The switch... https://www.scmp.com/business/commodities/article/3343729/ubs-china-venture-faces-wrath-silver-investors-after-valuation-change-increases-losses?utm_source=rss_feed https://www.scmp.com/business/commodities/article/3343729/ubs-china-venture-faces-wrath-silver-investors-after-valuation-change-increases-losses?utm_source=rss_feed Mon, 16 Feb 2026 08:00:07 +0000 Ambrose Li Ambrose Li Hong Kong restaurateurs expect earnings from family reunion dinners in the lead up to Lunar New Year to either remain stable or decline compared with last year despite an increase in bookings, citing a weak economy and a preference among customers for more affordable menu options. Lee Kwong-hoi, CEO of Star Seafood Restaurant Group, which runs 14 outlets across Hong Kong, said while bookings for reunion dinners had risen by 10 per cent year on year menu prices continued to hover around HK$3,000... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3343338/bookings-bottom-lines-flat-hong-kong-reunion-dinners?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3343338/bookings-bottom-lines-flat-hong-kong-reunion-dinners?utm_source=rss_feed Thu, 12 Feb 2026 11:06:37 +0000 Ann Cao,Coco Feng Ann Cao,Coco Feng Taiwan’s move to defend its “silicon shield” is the latest sign of the island’s tech dominance being used as a bargaining chip in trade negotiations, as it faces increased geopolitical pressure to shift semiconductor manufacturing capacity overseas, according to analysts. It would be “impossible” to move 40 per cent of the island’s semiconductor capacity to the US, Taiwan officials have told the US, according to Taiwan vice-premier Cheng Li-chiun in an interview with local broadcaster Chinese... https://www.scmp.com/tech/tech-war/article/3343070/taiwan-says-proposal-move-40-its-chipmaking-capacity-us-impossible?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3343070/taiwan-says-proposal-move-40-its-chipmaking-capacity-us-impossible?utm_source=rss_feed Tue, 10 Feb 2026 12:00:09 +0000 Wynna Wong Wynna Wong American athleisure brand Alo Yoga has taken over a large waterfront commercial space in Hong Kong after being vacated by a British luxury food retailer, with analysts saying “experience-led” wellness brands are emerging as rare bright spots in an otherwise uneven retail recovery. The local debut of the brand at the 7,000 sq ft, two-storey space at K11 Musea in Tsim Sha Tsui follows the exit of food retailer Fortnum & Mason on January 25. The move comes amid a prolonged retail downturn and a... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3342767/alo-yoga-takes-over-waterfront-commercial-space-hong-kong-asia-play-heats?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3342767/alo-yoga-takes-over-waterfront-commercial-space-hong-kong-asia-play-heats?utm_source=rss_feed Sat, 07 Feb 2026 10:10:37 +0000 Themis Qi Themis Qi Pop Mart extended its rally in Hong Kong on Wednesday after unveiling an accelerated push into the US market, underscoring how overseas expansion is helping the Chinese toymaker offset lingering pressures at home. The maker of Labubu figurines plans to open more than 20 new stores across the United States this year, under a partnership with US mall operator Simon Property Group, which announced the roll-out in mid-January. The outlets will be located in major shopping centres including King of... https://www.scmp.com/business/china-business/article/3341552/pop-mart-rallies-hong-kong-aggressive-push-us-retail-market?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3341552/pop-mart-rallies-hong-kong-aggressive-push-us-retail-market?utm_source=rss_feed Wed, 28 Jan 2026 09:30:15 +0000 Cao Jiaxuan Cao Jiaxuan Finland’s prime minister begins a four-day visit to China on Sunday, heading a large business delegation on a trip designed to forge closer ties with Beijing amid pressure from coercive US policies. According to analysts, Petteri Orpo’s trip also highlights Beijing’s efforts to strengthen ties with individual European Union member states as a way to soften broader EU scrutiny over claims that China’s overcapacity is driving a huge trade imbalance. Observers expect cooperation to largely focus on... https://www.scmp.com/news/china/diplomacy/article/3341111/finlands-leader-set-4-day-china-visit-europe-seeks-counter-trump-pressure?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3341111/finlands-leader-set-4-day-china-visit-europe-seeks-counter-trump-pressure?utm_source=rss_feed Sat, 24 Jan 2026 12:00:11 +0000 Julie Zhang Julie Zhang As Chinese biotech and pharmaceutical firms gain importance on the global stage, foreign investors from sovereign wealth funds to industry players are securing strategic stakes in their future success. International institutional investors have built up significant positions in Chinese biotech firms over the past decade. These positions often approach, and in some cases exceed, the 5 per cent disclosure threshold for substantial shareholders in Hong Kong. BlackRock, the world’s largest asset... https://www.scmp.com/business/china-business/article/3340801/revealed-global-funds-blackrock-temasek-back-chinas-largest-biotech-firms?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3340801/revealed-global-funds-blackrock-temasek-back-chinas-largest-biotech-firms?utm_source=rss_feed Fri, 23 Jan 2026 00:30:09 +0000 Harvey Kong Harvey Kong Hong Kong could gain about HK$200 million (US$25.6 million) in economic value from K-pop powerhouse Blackpink’s coming concerts at Kai Tak Stadium, with fans of the girl group pouring into the city ahead of the three much-awaited shows. Excited fans splurged on band merchandise on Thursday ahead of the first concert at the weekend, while parts of Kai Tak Sports Park, where the stadium is located, were awash with pink. Hong Kong is the final stop of the four-member band’s “Deadline” global tour... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3340892/hong-kong-hitting-high-notes-fans-roll-blackpink-concerts?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3340892/hong-kong-hitting-high-notes-fans-roll-blackpink-concerts?utm_source=rss_feed Thu, 22 Jan 2026 14:23:43 +0000 Themis Qi Themis Qi Banks do not usually build space assets, but in China, lenders are increasingly leasing satellites, funding rocket firms and even launching spacecraft of their own. While banks elsewhere typically use satellite imagery as a purchased “alternative data” feed – for everything from monitoring crops and supply chains to assessing climate and credit risks – Chinese lenders are going further by putting satellites into orbit under their own names. China Merchants Bank (CMB) launched a satellite on... https://www.scmp.com/business/banking-finance/article/3340771/chinese-banks-join-space-race-satellite-launches-and-rocket-backing?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3340771/chinese-banks-join-space-race-satellite-launches-and-rocket-backing?utm_source=rss_feed Thu, 22 Jan 2026 03:30:23 +0000 Aileen Chuang Aileen Chuang A sudden spike in volatility in Japanese government bonds (JGBs) – long seen as among the world’s safest assets – is stoking concern that risk aversion is rippling through Asian markets across asset classes, according to analysts. Investors have repriced the term and risk premiums on JGBs as fiscal worries that started simmering last year have flared again after Prime Minister Sanae Takaichi pledged tax cuts and higher spending. The 40-year bond yield rose above 4 per cent on Tuesday, the... https://www.scmp.com/business/commodities/article/3340667/japan-bond-volatility-raises-contagion-alarm-asias-stocks-and-debt?utm_source=rss_feed https://www.scmp.com/business/commodities/article/3340667/japan-bond-volatility-raises-contagion-alarm-asias-stocks-and-debt?utm_source=rss_feed Wed, 21 Jan 2026 07:11:50 +0000 Themis Qi Themis Qi China’s electric vehicle (EV) exports doubled in 2025 amid rising overseas demand for affordable cars and Beijing’s anti-involution campaign. The country – the world’s leading EV manufacturer – sold more than 2.6 million units to overseas markets last year, up 104 per cent from a year earlier, according to data from the China Association of Automobile Manufacturers (CAAM) on Wednesday. Despite persistent trade tensions, Chinese brands were expected to further deepen their presence in overseas... https://www.scmp.com/business/china-evs/article/3339919/chinas-ev-makers-face-slowdown-export-growth-after-doubling-2025?utm_source=rss_feed https://www.scmp.com/business/china-evs/article/3339919/chinas-ev-makers-face-slowdown-export-growth-after-doubling-2025?utm_source=rss_feed Wed, 14 Jan 2026 22:30:08 +0000 Oscar Liu Oscar Liu Nearly three-quarters of enterprises from Hong Kong and other Greater Bay Area cities will speed up their expansion into the Asean market as a primary strategy to mitigate risks from international trade frictions and shifting global supply chains, according to a survey. The survey and research findings, co-published by the Hong Kong Trade Development Council and Singapore-based United Overseas Bank on Wednesday, also revealed that about 98 per cent of enterprises were planning to keep or expand... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3339898/73-hong-kong-greater-bay-area-firms-speeding-expansion-asean-survey?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3339898/73-hong-kong-greater-bay-area-firms-speeding-expansion-asean-survey?utm_source=rss_feed Wed, 14 Jan 2026 11:07:01 +0000 Themis Qi Themis Qi Chinese financial institutions raised over US$10 billion last year to fund their overseas expansion and boost the yuan’s internationalisation in line with Beijing’s go-global push, with the trend continuing this year. GF Securities is raising HK$6.12 billion (US$780 million) from the placement of over HK$3.97 billion worth of new shares and HK$2.15 billion from zero-coupon convertible bonds. The Guangzhou-headquartered brokerage planned to use the proceeds to inject capital into its offshore... https://www.scmp.com/business/banking-finance/article/3339192/chinese-financial-firms-press-debt-issuance-fund-overseas-expansion?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3339192/chinese-financial-firms-press-debt-issuance-fund-overseas-expansion?utm_source=rss_feed Thu, 08 Jan 2026 23:30:07 +0000 Themis Qi Themis Qi Baidu’s artificial intelligence chip subsidiary Kunlunxin (Beijing) Technology has confidentially applied for an initial public offering (IPO) in Hong Kong, as the search and AI giant becomes the latest to join an investment frenzy amid China’s drive for tech self-reliance. The Kunlunxin prospectus was submitted on Thursday but details such as the size and structure of the IPO had not yet been finalised, Baidu said in a statement on Friday. Baidu’s Hong Kong-listed shares rose 9.4 per cent to... https://www.scmp.com/news/china-future-tech/semiconductors/article/3338471/baidu-chip-unit-kunlunxin-files-hong-kong-ipo-amid-chinas-push-tech-self-reliance?utm_source=rss_feed https://www.scmp.com/news/china-future-tech/semiconductors/article/3338471/baidu-chip-unit-kunlunxin-files-hong-kong-ipo-amid-chinas-push-tech-self-reliance?utm_source=rss_feed Fri, 02 Jan 2026 04:50:19 +0000 Wynna Wong,Oscar Liu Wynna Wong,Oscar Liu Hongkongers made more than 2.7 million outbound trips over the Christmas holiday period, about 11 per cent more year on year than in 2024, but an industry leader reported a boost in local nightlife business amid lacklustre food and drink sales noted by other experts. The Immigration Department said on Monday that 2.73 million departures were recorded between December 23 and 28, compared with 2.36 million over the same period last year. Christmas Day and Boxing Day fell on Thursday and Friday... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3338008/hongkongers-make-273-million-outbound-trips-over-christmas-11-last-year?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3338008/hongkongers-make-273-million-outbound-trips-over-christmas-11-last-year?utm_source=rss_feed Mon, 29 Dec 2025 07:39:36 +0000 Themis Qi Themis Qi China Shenhua Energy’s 133 billion yuan (US$18.9 billion) acquisition of a dozen assets could help the mainland’s largest listed coal miner take on competition as the era of coal power starts winding down in the world’s largest market for the fossil fuel, according to analysts. The miner in a filing to the Hong Kong stock exchange last week provided an update to its August proposal to acquire equity interests in 12 enterprises from its controlling shareholder, China Energy Investment Group. The... https://www.scmp.com/business/china-business/article/3337504/shenhua-absorbs-parents-coal-assets-it-looks-future-decarbonising-china?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3337504/shenhua-absorbs-parents-coal-assets-it-looks-future-decarbonising-china?utm_source=rss_feed Wed, 24 Dec 2025 06:00:17 +0000 Julie Zhang Julie Zhang More Chinese artificial intelligence firms and chipmakers are turning to Hong Kong for fundraising, testing the appetite of global investors following stellar onshore debuts of graphics processing unit (GPU) developers Moore Threads Technology and MetaX Integrated Circuits. GigaDevice Semiconductor is a step closer to its Hong Kong initial public offering (IPO) after passing a listing hearing, according to bourse operator Hong Kong Exchanges and Clearing (HKEX). The company is expected to... https://www.scmp.com/business/banking-finance/article/3337055/tech-pivot-chinese-ai-chip-start-ups-court-global-investors-hong-kong-listing-plans?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3337055/tech-pivot-chinese-ai-chip-start-ups-court-global-investors-hong-kong-listing-plans?utm_source=rss_feed Fri, 19 Dec 2025 08:30:08 +0000 Ng Kang-chung,Harvey Kong,Ada Li,Jiang Chuqin,Ambrose Li Ng Kang-chung,Harvey Kong,Ada Li,Jiang Chuqin,Ambrose Li Hong Kong continues to count the economic losses from the city’s deadliest fire in decades, with the disaster having destroyed 1,736 flats at Tai Po’s Wang Fuk Court, turned residents’ valuables into ashes and triggered the cancellation of banquets and mega-events. Economists and industry leaders estimate the losses could run into billions of Hong Kong dollars, with the total market value of the flats alone amounting to an estimated HK$5 billion (US$642.3 million). Last month’s blaze killed at... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3336352/destroyed-homes-cancelled-events-hong-kong-counts-economic-cost-tai-po-fire?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3336352/destroyed-homes-cancelled-events-hong-kong-counts-economic-cost-tai-po-fire?utm_source=rss_feed Sun, 14 Dec 2025 01:00:30 +0000 Julie Zhang Julie Zhang A majority of Asia-Pacific institutional investors believe markets are due for a correction in 2026, citing a potential tech bubble, geopolitical tensions and recession as their primary worries, according to a survey report published on Tuesday by Natixis Investment Managers. Global markets had been “remarkably resilient” in 2025 despite challenges such as tariffs, geopolitical conflicts and supply chain disruptions, according to Natixis. However, 74 per cent of institutional investors globally... https://www.scmp.com/business/banking-finance/article/3333509/asia-pacific-investors-brace-market-correction-2026-amid-tech-bubble-fears-survey?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3333509/asia-pacific-investors-brace-market-correction-2026-amid-tech-bubble-fears-survey?utm_source=rss_feed Thu, 20 Nov 2025 06:22:42 +0000 Wynna Wong Wynna Wong The National Games’ unprecedented tripartite hosting arrangement is a calculated strategy, showcasing the Greater Bay Area’s synergy while mitigating the substantial financial and logistical burdens on any single host city, according to experts. “It is more of a political move to showcase the Greater Bay Area integration and the practicality of utilising each city’s resources,” said Gary Ng Cheuk-yan, senior economist at Natixis Corporate and Investment Bank, suggesting that splitting the... https://www.scmp.com/sport/china/article/3331718/national-games-how-co-hosting-adds-hong-kong-and-greater-bay-area?utm_source=rss_feed https://www.scmp.com/sport/china/article/3331718/national-games-how-co-hosting-adds-hong-kong-and-greater-bay-area?utm_source=rss_feed Thu, 06 Nov 2025 23:00:10 +0000 Ann Cao,Wency Chen,Iris Deng Ann Cao,Wency Chen,Iris Deng The Dutch government is under renewed pressure to end its seizure of the Chinese-owned, Netherlands-based semiconductor company Nexperia, after Washington agreed to suspend its updated export control rule for one year. After a meeting between Chinese President Xi Jinping and his US counterpart Donald Trump on Thursday, China’s Ministry of Commerce said Washington would temporarily halt the implementation of its so-called 50 per cent subsidiary rule. Introduced in late September, that rule... https://www.scmp.com/tech/tech-war/article/3330953/netherlands-faces-pressure-surrender-control-nexperia-after-xi-trump-summit?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3330953/netherlands-faces-pressure-surrender-control-nexperia-after-xi-trump-summit?utm_source=rss_feed Thu, 30 Oct 2025 14:00:34 +0000 Ji Siqi,Luna Sun Ji Siqi,Luna Sun As US President Donald Trump talked up meetings with President Xi Jinping and vowed on Monday to reach a deal with China, analysts said a comprehensive trade agreement was still unlikely in the near term despite the latest in a series of conciliatory signals from the US side. “When we finish our meetings in South Korea,” Trump said, referring to a planned summit with Xi before or during the Asia-Pacific Economic Cooperation (Apec) forum this month, “China and I will have a really fair and really... https://www.scmp.com/economy/global-economy/article/3329833/fantastic-deal-or-more-tariffs-why-us-china-trade-negotiations-still-face-uncertainty?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3329833/fantastic-deal-or-more-tariffs-why-us-china-trade-negotiations-still-face-uncertainty?utm_source=rss_feed Tue, 21 Oct 2025 12:04:34 +0000 Cannix Yau Cannix Yau The United States and Hong Kong face a lose-lose scenario if global travellers are forced to pay higher airfares over the proposed barring of Cathay Pacific Airways from flying over Russian airspace to the east coast of North America, analysts have warned. Wednesday’s warning followed calls by United Airlines for the Trump administration to ban Hong Kong’s flag carrier from flying over Russia for routes between the US and the city in a bid to force Cathay Pacific to align with other... https://www.scmp.com/news/hong-kong/transport/article/3329298/us-hong-kong-lose-lose-scenario-if-cathay-added-planned-russian-airspace-ban?utm_source=rss_feed https://www.scmp.com/news/hong-kong/transport/article/3329298/us-hong-kong-lose-lose-scenario-if-cathay-added-planned-russian-airspace-ban?utm_source=rss_feed Fri, 17 Oct 2025 00:30:09 +0000 Denise Tsang,Wynna Wong Denise Tsang,Wynna Wong Royal Caribbean International, the world’s largest cruise company by passenger numbers, will increase its sailings to and from Hong Kong from the current 12 to 16 next season, marking further recovery from the Covid-19 pandemic as the city experienced strong growth in international visitors during the first nine months of this year. In an interview with the Post on Wednesday, Kevin Fung, managing director of the cruise company’s Hong Kong operations, said mega vessel Spectrum of the Seas would... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3329148/hong-kongs-tourism-recovery-accelerate-royal-caribbean-increases-sailings?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3329148/hong-kongs-tourism-recovery-accelerate-royal-caribbean-increases-sailings?utm_source=rss_feed Thu, 16 Oct 2025 00:30:08 +0000 Cannix Yau Cannix Yau Hongkongers are rushing to gold stores to buy and sell the precious metal, which has surged by nearly 50 per cent this year to record high prices. Analysts suggest that many investors are seeking a trusted asset to guard against currency devaluation amid global uncertainties. At Lee Cheong Gold Dealers in Sheung Wan on Friday, a steady stream of customers entered the store to trade gold and other precious metals. Many of them told the Post they wanted to diversify their asset portfolio and... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3328594/gold-fever-sweeps-hong-kong-investors-hedge-against-inflation-amid-record-rally?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3328594/gold-fever-sweeps-hong-kong-investors-hedge-against-inflation-amid-record-rally?utm_source=rss_feed Fri, 10 Oct 2025 14:06:51 +0000 Wynna Wong,Lo Hoi-ying Wynna Wong,Lo Hoi-ying Hong Kong’s unexpectedly robust retail sales in August were bolstered by a surge in tourism and a strong local stock market but recovery remains uneven, with businesses of popular consumer goods preparing for potential price wars driven by the lower cost of living across the border. Government figures released on Thursday showed retail sales grew by 3.8 per cent year on year, marking a fourth straight month of growth. It followed 14 consecutive months of decline from March 2024 to April 2025 and... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3327683/have-hong-kongs-retailers-turned-corner-after-augusts-sales-surge?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3327683/have-hong-kongs-retailers-turned-corner-after-augusts-sales-surge?utm_source=rss_feed Fri, 03 Oct 2025 00:30:11 +0000 Lam Ka-sing Lam Ka-sing Super Typhoon Ragasa may cost Hong Kong billions of dollars in economic losses, but its overall impact may be less severe than past storms, with more people working from home and the stock market trading despite the adverse weather, experts have said. But they warned on Thursday that as extreme weather became more frequent, significant annual economic losses were becoming a “new normal” for the city. Ragasa triggered Hong Kong’s highest-level No 10 typhoon warning signal and brought the city to... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3326892/hong-kongs-economic-losses-ragasa-may-run-billions-experts?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3326892/hong-kongs-economic-losses-ragasa-may-run-billions-experts?utm_source=rss_feed Fri, 26 Sep 2025 00:30:12 +0000 Aileen Chuang Aileen Chuang Global investors have ramped up use of Chinese bonds in short-term borrowing agreements in Hong Kong, taking advantage of new measures from mainland and Hong Kong regulators that took effect on Monday. Several banks, securities firms and hedge funds completed their first trades under the offshore Bond Connect repurchase (repo) business set up by the Hong Kong Monetary Authority (HKMA), leveraging enhancements announced last month, including the repledging of bond collateral during the lifetime... https://www.scmp.com/business/banking-finance/article/3323060/chinese-bonds-find-fast-favour-hong-kong-short-term-borrowing-new-rules-take-effect?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3323060/chinese-bonds-find-fast-favour-hong-kong-short-term-borrowing-new-rules-take-effect?utm_source=rss_feed Mon, 25 Aug 2025 09:30:07 +0000 Lam Ka-sing Lam Ka-sing Simon Leung, an experienced event coordinator in the social work sector, has been unemployed for nearly 18 months and said he would settle for a job as a security guard or a mooncake production assistant in Hong Kong. The jobseeker, who holds a civil engineering degree from Queen’s University in Canada, has been surviving as a gig worker after working for a non-governmental organisation. “As the government’s budget for NGOs was cut by 7 per cent, my contract was not renewed when the financial... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3322571/hong-kong-jobless-rate-could-persist-uncertain-economy-ai-reshape-market-experts?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3322571/hong-kong-jobless-rate-could-persist-uncertain-economy-ai-reshape-market-experts?utm_source=rss_feed Thu, 21 Aug 2025 03:00:13 +0000