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Yuke Xie
Reporter, Business
Yuke obtained her BA and MA in Film and Media Studies from Columbia University in 2019 and 2021. She joined the Post as a business reporter in 2023, following stints at various media outlets including Mergermarket and Süddeutsche Zeitung.
Yuke obtained her BA and MA in Film and Media Studies from Columbia University in 2019 and 2021. She joined the Post as a business reporter in 2023, following stints at various media outlets including Mergermarket and Süddeutsche Zeitung.
Languages Spoken:
English
China Resources Land’s interim profit rose 16.2 per cent to 11.9 billion yuan, while Sunac’s loss narrowed by 14.4 per cent.
Sportswear maker could use the competition in the highly challenging market to strengthen its core brand, CEO Qian Wei says.
Overseas expansion should accelerate with new store openings and stronger engagement with non-Chinese customers, Goldman Sachs says.
Net profit rose to a record 913.6 million yuan in the first half, 6.4 per cent more than the revised interim earnings last year.
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Consensus among potential buyers is that prices will continue to slide and the measures may fall flat, property agent says.
Drop in new home prices across 70 major cities matches the previous month, which was the sharpest decline since October.
Listed firm suspends nearly US$80 million in interest payments and distributions while seeking restructuring discussions with creditors.
China’s cosmetics exports rose 12 per cent year on year in the first half to US$2.6 billion, according to customs data.
Policy change will have limited impact but could help stabilise Beijing home prices, Morningstar and Fitch analysts say.
The decline in China’s new home sales this year may slow to 7 per cent, Fitch Ratings says after revising its forecast from a previous slump of 15 per cent.
Analysts say they expect a rebound in the market in the second half of this year.
The US investment bank is optimistic about the toymaker’s growth potential as it continues to launch popular new products.
Cross-border real estate investments in Asia-Pacific reaches US$12.1 billion in the second quarter, the most since the third quarter of 2022.
Coffee chain is working to identify a strategic partner with a like-minded vision and values to capture opportunities in China, CEO says.
Li Songxiao handed himself over to the ICAC for his involvement in fraudulent property deals worth more than US$42 million.
Convenience stores allegedly sell fake Labubu toys and products, hurting its business and reputation, Pop Mart says in California lawsuit.
Logistics property owners are losing out to their rivals in India, where rents increased this year from the second half of 2024.
Can international fashion and luxury groups counter a sales decline by opening coffee shops in major cities?
The 72-year-old businessman was charged with harming the interests of a listed company, among other issues.
New World is liable to pay Hong Kong’s Airport Authority HK$1.8 billion annually in a minimum guaranteed rental from 2028.
286 deals on homes valued at more than HK$500 million each were registered in the first half, a jump of 23.3 per cent from the same period last year, Centaline said.
Hong Kong has stuck to T+2 since 1992, while up to 88 per cent of global cash equities are expected to settle on T+1 or sooner.
Kuok has been Shangri-La Asia’s executive director since June 2016 and chairman since January 2017.
Beijing-based firm attributes first-half growth to the increased global recognition of the Pop Mart brand and its intellectual properties.
Shanghai accounted for over 80 per cent of transactions nationwide for homes priced above 50 million yuan (US$7 million) in the first half.
Despite early success at home, industry watchers caution that the company faces significant challenges in competing with established players.
Units varied in size from 259 to 686 sq ft, including studio to three-bedroom layouts, with bigger units priced up to HK$7.8 million.
Prime property prices of US$25,946 per square metre push Hong Kong above Zurich, Singapore and New York: Mapping the World’s Prices report.
‘We see significant long-term potential … and are evaluating the best ways to capture the future growth opportunities,’ coffee chain says.
