https://www-scmp-com.libproxy1.nus.edu.sg/rss/92/feed Get the latest corporate, market and business news and analysis. en https://assets-v2.i-scmp.com/production/static/img/icons/scmp-meta-1200x630.png https://www-scmp-com.libproxy1.nus.edu.sg Zhang Shidong Zhang Shidong Chinese investors have been flocking to dividend stocks, taking shelter from market turmoil spurred by sell-offs in technology companies and K-shaped economic growth in the Asian nation. Two key gauges of the mainland-listed companies with the highest dividend yield ratios outpaced the benchmark heading into October, when fears of financial tightening in the US and China’s flagging domestic demand weighed on investors’ risk appetite. The Shanghai Stock Exchange Dividend Index of the 50 selected... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3371315/chinas-investors-flock-dividend-stocks-returns-double-those-state-bonds?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3371315/chinas-investors-flock-dividend-stocks-returns-double-those-state-bonds?utm_source=rss_feed Mon, 19 Oct 2026 01:00:13 +0000 Xinmei Shen Xinmei Shen Bitcoin may extend its rebound but is unlikely to break above US$100,000 before the end of the year, as rising interest rates and the Iran conflict continue to weigh on crypto assets, according to analysts. The crypto asset class is likely to end the year higher than it is today, but below the peak reached last October, according to Alice Liu, head of research at crypto data platform CoinMarketCap. “The worst of this year’s downturn is behind us, but the recovery will be uneven and led almost... https://www-scmp-com.libproxy1.nus.edu.sg/business/cryptocurrency/article/3371238/bitcoin-making-comeback-risk-more-sharp-pullbacks-real?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/cryptocurrency/article/3371238/bitcoin-making-comeback-risk-more-sharp-pullbacks-real?utm_source=rss_feed Sun, 18 Oct 2026 23:00:14 +0000 Chong Ming Lee,Mandy Zuo Chong Ming Lee,Mandy Zuo When artificial intelligence agents first arrived, they came with a tantalising promise: autonomous “digital workers” that would finally free humans from corporate drudgery. As businesses across Asia are discovering, however, the reality is quite the opposite – more work, new friction and a whole new layer of management. When Xiao Mengjie, an AI product marketing manager at a Big Tech firm in Shanghai, recently assigned two AI agents what she described as a simple task, she expected efficiency.... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3371246/ai-promise-was-automation-reality-managing-digital-workers?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3371246/ai-promise-was-automation-reality-managing-digital-workers?utm_source=rss_feed Sun, 18 Oct 2026 14:00:08 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong homebuyers are poised to see new residential launches in the coming days and weeks following a sell-out weekend of more than 360 flats in two major projects in the city. Sun Hung Kai Properties (SHKP), one of Hong Kong’s major developers and landlords, was set to hold a second round of sales for Sierra Sea Phase 2C(2) in Shap Sze Heung, which is between Sai Kung and Ma On Shan, with 152 flats on offer on Wednesday, it said in a statement. Among them, 128 flats would be sold via a... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3371302/hong-kongs-primary-residential-market-sees-wave-launches-successful-sales?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3371302/hong-kongs-primary-residential-market-sees-wave-launches-successful-sales?utm_source=rss_feed Sun, 18 Oct 2026 10:01:52 +0000 Christina Zhao Christina Zhao When shoppers step into Rokid’s brand new flagship store in Hong Kong, they are greeted not by eager sales associates, but by glowing monitor screens and a robotic system waiting at the exit. In what the Chinese augmented reality (AR) gadget pioneer called an experiment in “no man’s land” retail, customers navigate the entire journey independently: testing artificial intelligence smart glasses, making payments on a screen and receiving their new devices directly from an automated system on their... https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3371300/rokid-launches-no-mans-land-retail-experience-hong-kong-flagship-store-opening?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3371300/rokid-launches-no-mans-land-retail-experience-hong-kong-flagship-store-opening?utm_source=rss_feed Sun, 18 Oct 2026 09:36:17 +0000 Xiaofei Xu Xiaofei Xu France and Germany have unveiled a joint position on Europe’s automotive package, with a tighter geographic definition of “Made in Europe” and a research and development requirement for cars to qualify for subsidies or public procurement, which industry insiders say would put further pressure on Chinese carmakers to invest in production within the bloc. The automotive sector’s “Made in Europe” classification would include only the 27 member states of the European Union, with an opt-in to include... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3371261/germany-france-tighten-made-europe-stance-pressuring-chinas-auto-industry?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3371261/germany-france-tighten-made-europe-stance-pressuring-chinas-auto-industry?utm_source=rss_feed Sun, 18 Oct 2026 07:00:07 +0000 Peggy Ye Peggy Ye From Hong Kong to New York, a deep divide is opening up in office markets around the world, as tenants compete for space in prime buildings while other properties face falling rents, low occupancy and financing pressures. The divergence reflects a global flight to quality, but also a disconnect between improving leasing fundamentals and a recovery in property values, according to analysts at Morgan Stanley and JLL. The divide is being reinforced by limited new supply in prime locations,... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3371225/investors-there-are-now-just-2-kinds-offices-best-and-rest?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3371225/investors-there-are-now-just-2-kinds-offices-best-and-rest?utm_source=rss_feed Sun, 18 Oct 2026 06:00:11 +0000 Cheryl Arcibal Cheryl Arcibal Tokyo’s implementation of a rule that requires all property buyers to declare their nationality is raising concerns among investors, according to analysts. Japan’s shift from an ultra-loose monetary policy to gradual normalisation of its interest rates was also likely to force investors to reconsider whether real estate assets were still attractive, they added. “Japan has had a really strong run for the last seven or eight years,” said Neil Brookes, head of Asia-Pacific capital markets at... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3371224/new-property-purchase-disclosure-rule-japan-sparks-fears-it-may-curb-foreign-investment?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3371224/new-property-purchase-disclosure-rule-japan-sparks-fears-it-may-curb-foreign-investment?utm_source=rss_feed Sun, 18 Oct 2026 03:00:07 +0000 Ralph Jennings Ralph Jennings Artificial intelligence-powered glasses can act as tour guides, snap photos hands-free and translate foreign languages. The devices also sell at relatively affordable prices in China. But are they the perfect travel companion? Not yet. AI glasses were slowly catching on with travellers as the technology improved and more devices entered the market, analysts said, but technical hitches were slowing mass adoption of the smartphone-linked gear that could be worn like ordinary spectacles. “They can... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3370754/ai-glasses-travel-guides-cheaper-china-technical-hitches-slow-adoption?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3370754/ai-glasses-travel-guides-cheaper-china-technical-hitches-slow-adoption?utm_source=rss_feed Sat, 17 Oct 2026 13:00:06 +0000 Zhu Wenqian Zhu Wenqian A rising number of travellers from Hong Kong and Macau are flocking to indoor ski centres in Guangdong province, as new venues mushroom across the mainland amid a winter sports boom. Chinese indoor ski resort operator Bonski said 20 to 30 per cent of visitors to its facility in Guangzhou were now coming from Hong Kong and Macau, as the company’s venues continue to attract a growing customer base. “Most visitors to indoor ski venues are local residents, and we have seen steady inflows of... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3371073/hong-kongs-skiers-flock-mainland-indoor-slopes-mushroom-nationwide?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3371073/hong-kongs-skiers-flock-mainland-indoor-slopes-mushroom-nationwide?utm_source=rss_feed Sat, 17 Oct 2026 06:00:14 +0000 Tim Yuen Lingk Tim Yuen Lingk Almost two decades after gaining permission to conduct yuan business for local clients, foreign-funded banks are still refining their strategy in China, where the financial sector is dominated by state-owned lenders. While Citi exited its China retail banking business, other foreign banks have continued to close branches and sub-branches, focusing instead on digitalisation, wealth management and core clients to strengthen their foothold in the market. Deutsche Bank (China) announced the closure... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370953/foreign-banks-trim-china-branch-networks-low-returns-test-strategy?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370953/foreign-banks-trim-china-branch-networks-low-returns-test-strategy?utm_source=rss_feed Sat, 17 Oct 2026 02:00:10 +0000 Enoch Yiu Enoch Yiu Hong Kong Exchanges and Clearing said it had delayed a plan to shorten the settlement time for share transactions to the second half of 2028, so it could address widespread industry requests for more preparation time. Confirming a report by the South China Morning Post on Wednesday, the exchange said in a statement on Friday that it would not proceed with the timeline it proposed in a consultation paper in April, aiming to implement a so-called T+1 system in the fourth quarter of 2027, replacing... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3371176/hkex-pushes-back-t1-trade-settlement-2028-after-brokers-request-more-prep-time?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3371176/hkex-pushes-back-t1-trade-settlement-2028-after-brokers-request-more-prep-time?utm_source=rss_feed Fri, 16 Oct 2026 10:19:32 +0000 Themis Qi Themis Qi International investors will keep an eye on a forum next week for clues from China’s regulators on how they plan to further open its financial markets, after Visa’s long-awaited approval fuelled hopes for deeper participation in the world’s second-largest economy. Regulators could announce more measures at the Financial Street Forum to deepen the internationalisation of the yuan and optimise the Connect series of cross-border investment links between investors in mainland China and the rest of... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3371171/financial-street-forum-forecast-calls-more-opening-chinese-regulators?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3371171/financial-street-forum-forecast-calls-more-opening-chinese-regulators?utm_source=rss_feed Fri, 16 Oct 2026 10:00:34 +0000 Xiaofei Xu Xiaofei Xu French luxury giant LVMH Group kicked off a global open-house event showcasing its craftsmanship in Shanghai on Thursday, as the event’s founder Antoine Arnault hailed a “special bond” with Chinese customers at a launch event in Paris. It came as the group faced pressure from sluggish demand in China and a backlash over a lawsuit against a local tea company. At the launch event at the Samaritaine department store in central Paris for this year’s Les Journées Particulières, first initiated by... https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3371145/lvmh-touts-special-bond-china-subdued-backdrop-weighs-sales?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3371145/lvmh-touts-special-bond-china-subdued-backdrop-weighs-sales?utm_source=rss_feed Fri, 16 Oct 2026 08:23:33 +0000 Christina Zhao Christina Zhao Hong Kong’s market regulators cracked down on fraud with a multibillion-dollar asset freeze, while mainland trade momentum surged on robust tech demand. Meanwhile, mainland Chinese traders ramped up their exposure to local equities, and the city cemented its status as a top global destination for wealth philanthropy. Here are some of the figures that have drawn the most market attention this week. Hong Kong watchdogs freeze US$590 million Hong Kong’s securities watchdog moved against two groups... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3371124/ipo-fraud-chinas-export-boom-us-inflation-5-figures-investors-are-watching?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3371124/ipo-fraud-chinas-export-boom-us-inflation-5-figures-investors-are-watching?utm_source=rss_feed Fri, 16 Oct 2026 07:04:10 +0000 Daniel Ren Daniel Ren Beijing has enlisted the support of its top internet watchdog to deepen the investigation into a car safety issue that put Chinese-made intelligent vehicles under the spotlight. The Ministry of Industry and Information Technology (MIIT) said on Thursday that a joint investigation team including officials from the Cyberspace Administration of China (CAC) and the State Administration for Market Regulation (SAMR) would verify facts regarding reports about brake pedal failures in tests of an... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3371102/beijing-enlists-multiple-regulators-probe-ev-safety-issue-raised-quality-alarms?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3371102/beijing-enlists-multiple-regulators-probe-ev-safety-issue-raised-quality-alarms?utm_source=rss_feed Fri, 16 Oct 2026 06:00:10 +0000 Peggy Ye,Kandy Wong Peggy Ye,Kandy Wong The wallpaper on Allan Zeman’s office desktop computer screen is an image of Chandara, the private estate in Phuket that he has owned for more than two decades. Now the “father of Lan Kwai Fong” is bringing the Thai resort-style concept to Hong Kong’s luxury housing market. Located in rural Sai Kung, 181 Clearwater is the first local residential project for Zeman’s Lan Kwai Fong Group. Developed with Far East Consortium and Hien Lee Engineering, the project – which has received presale approval... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3371103/father-lan-kwai-fong-allan-zeman-pivots-hong-kongs-luxury-home-market?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3371103/father-lan-kwai-fong-allan-zeman-pivots-hong-kongs-luxury-home-market?utm_source=rss_feed Fri, 16 Oct 2026 05:00:25 +0000 Xinmei Shen Xinmei Shen Solana, which operates one of the world’s largest cryptocurrencies, has cancelled a high-profile event in Shanghai at the last minute as local police appeared on site, according to social media posts, just a day after the firm touted the opening of a fancy new office in the city. Solana was slated to host its Solana Accelerate China event in Shanghai on Friday morning, part of a week-long event across major cities in mainland China. Shortly before the event kicked off, however, the company said... https://www-scmp-com.libproxy1.nus.edu.sg/business/cryptocurrency/article/3371083/china-has-banned-crypto-business-so-why-solana-opening-splashy-shanghai-office?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/cryptocurrency/article/3371083/china-has-banned-crypto-business-so-why-solana-opening-splashy-shanghai-office?utm_source=rss_feed Fri, 16 Oct 2026 03:00:07 +0000 Advertising partner Advertising partner [The content of this article has been produced by our advertising partner.] For anyone with a smartphone, market information is rarely far away. Market prices, company news, economic data and analysis can all be pulled up in just seconds. But access to information does not necessarily make the next investment decision any easier. A June 2026 HSBC survey of more than 1,200 affluent and high-net-worth investors in Hong Kong found that 60 per cent said a financial professional or institution had... https://www-scmp-com.libproxy1.nus.edu.sg/presented/business/topics/professional-investing-made-simple/article/3370967/leaving-portfolio-decisions-professionals?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/presented/business/topics/professional-investing-made-simple/article/3370967/leaving-portfolio-decisions-professionals?utm_source=rss_feed Fri, 16 Oct 2026 02:30:02 +0000 Zoe SL Chan Zoe SL Chan Hong Kong regulators’ tough action to crack down on fraudulent activity in the initial public offering market is sending ripples across the city’s financial industry, with insiders predicting short-term turbulence as some listings are scaled back or even cancelled. Financial intermediaries and IPO sponsors in particular find themselves in a “difficult position”, as they are now expected to conduct deeper due diligence to ensure deals are free from distortions, sources told the South China... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3371074/hong-kongs-ipo-fraud-clampdown-sends-shock-waves-across-financial-sector?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3371074/hong-kongs-ipo-fraud-clampdown-sends-shock-waves-across-financial-sector?utm_source=rss_feed Fri, 16 Oct 2026 01:06:30 +0000 Daisy Wu Daisy Wu Hong Kong investors are Asia’s most ambitious stock pickers, but they have much more subdued return expectations than regional peers swept up in enthusiasm over artificial intelligence, according to a survey by a global asset management firm. Some 95 per cent of Hong Kong respondents said they wanted to outperform the market, the highest proportion in Asia, where the average stood at 85 per cent, according to a survey conducted in August by Natixis Investment Managers. Hong Kong investors... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3371039/hong-kong-investors-most-eager-asia-beat-markets-temper-return-hopes-report?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3371039/hong-kong-investors-most-eager-asia-beat-markets-temper-return-hopes-report?utm_source=rss_feed Thu, 15 Oct 2026 23:00:13 +0000 Tim Yuen Lingk,Cheryl Arcibal Tim Yuen Lingk,Cheryl Arcibal The Hong Kong government will release two parcels of land for sale – one for a residential development and another for a student hostel project – in the October to December quarter, as officials maintain a cautious stance towards housing supply even as the market rebounds. One residential site – an 8,015-square-metre (86,250-square-foot) parcel of land in Sha Tin – will be offered through tender in the third quarter of the 2026-2027 financial year, Development Secretary Bernadette Linn Hon-ho... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3371042/hong-kong-plans-just-two-land-sales-next-quarter-despite-housing-rebound?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3371042/hong-kong-plans-just-two-land-sales-next-quarter-despite-housing-rebound?utm_source=rss_feed Thu, 15 Oct 2026 12:14:35 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong has emerged as the third best city in the world for wealthy individuals seeking to make philanthropic contributions over the medium term, trailing New York and Seoul, according to a study by Altrata. The inaugural Giving Opportunity Index by the US-based group that tracks the world’s affluent population ranked 100 cities based on three criteria: wealth, donor affinity and philanthropic infrastructure. The study defined the “global wealthy” as individuals with a net worth of more than... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3371004/hong-kong-ranks-third-globally-philanthropy-hub-behind-new-york-and-seoul-study-finds?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3371004/hong-kong-ranks-third-globally-philanthropy-hub-behind-new-york-and-seoul-study-finds?utm_source=rss_feed Thu, 15 Oct 2026 09:00:30 +0000 Enoch Yiu Enoch Yiu HSBC, Hong Kong’s biggest lender, said on Thursday it would double its artificial intelligence specialist team in the city to 300, a figure much larger than the workforce planned for its recently announced AI centre in Singapore. The announcement comes after Hong Kong’s regulators were reported to have raised concerns about the Singapore hub. The bank would double its AI specialist headcount in Hong Kong from 150 to 300 over the next two to three years, said David Liao Yi-chien, HSBC co-CEO for... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370997/hsbc-double-hong-kong-ai-team-300-outpacing-singapore-plan?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370997/hsbc-double-hong-kong-ai-team-300-outpacing-singapore-plan?utm_source=rss_feed Thu, 15 Oct 2026 08:37:19 +0000 Christina Zhao Christina Zhao China Asset Management (Hong Kong) and Qatar’s Lesha Bank agreed on Wednesday to launch Qatar’s first sharia-compliant China equity fund, highlighting growing efforts by Chinese financial institutions to lure Middle East capital as institutional investors and wealthy families seek safe havens amid geopolitical turmoil. Among the key selling points of the mainland China and Hong Kong stock markets for Middle East investors are the mainland’s rising artificial intelligence capabilities and biotech... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370965/hong-kong-firm-qatar-bank-launch-chinese-equity-fund-lure-middle-east-capital?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370965/hong-kong-firm-qatar-bank-launch-chinese-equity-fund-lure-middle-east-capital?utm_source=rss_feed Thu, 15 Oct 2026 07:00:09 +0000 Emma Ma Emma Ma Three weeks into his tenure as the Communist Party secretary of Anhui province, Li Lecheng carried out an on-site inspection at China’s home-grown memory chip giant ChangXin Memory Technologies (CXMT) on Wednesday, pledging to grow integrated circuits (ICs) as an emerging pillar industry. During the visit to the company’s headquarters in the central province’s capital of Hefei, Li urged CXMT to further refine its product portfolio and actively expand into domestic and overseas markets. He... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3370970/chinas-cxmt-gets-pledge-support-provincial-party-chief-vows-chip-industry-expansion?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3370970/chinas-cxmt-gets-pledge-support-provincial-party-chief-vows-chip-industry-expansion?utm_source=rss_feed Thu, 15 Oct 2026 06:18:02 +0000 Cheryl Arcibal Cheryl Arcibal A mild displacement of jobs across the Asia-Pacific region as companies expand their use of AI would trim five percentage points off growth in office space demand in the next few years, according to property consultancy CBRE. In a report released on Thursday it said 3.9 per cent of office jobs were vulnerable to artificial intelligence-driven displacement in developed markets in the region, including Hong Kong, Singapore, Japan, South Korea, Taiwan, Australia and New Zealand. However, only 1.7... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3370934/ai-job-losses-set-rein-office-demand-developed-asia-pacific-economies-report?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3370934/ai-job-losses-set-rein-office-demand-developed-asia-pacific-economies-report?utm_source=rss_feed Thu, 15 Oct 2026 06:00:11 +0000 Enoch Yiu Enoch Yiu HSBC has launched a discretionary portfolio management service for retail investors with a minimum investment threshold as low as HK$1,000 (US$128) per month, as Hong Kong’s largest lender aims to attract younger, tech-savvy customers. The new service, “Portfolio+”, allows HSBC’s retail banking customers in Hong Kong to build a discretionary investment portfolio via the company’s mobile apps with a lump sum of at least HK$10,000 or regular contributions of HK$1,000 per month, according to Winnie... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370939/hsbc-launches-discretionary-portfolio-management-service-retail-investors?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370939/hsbc-launches-discretionary-portfolio-management-service-retail-investors?utm_source=rss_feed Thu, 15 Oct 2026 03:00:08 +0000 Zhang Shidong Zhang Shidong Stocks in mainland China and Hong Kong slumped on Thursday, with the benchmark of yuan-denominated equities sliding to a 14-month low, as a hot reading on US inflation boosted bets that the Federal Reserve would raise interest rates and a plunge in the South Korean market further dented sentiment. The CSI 300 Index slid 1.2 per cent to 4,166.01 at the close, the lowest since August 12, 2025. The chip-heavy Star Market 50 gauge tumbled to a six-month low with a 1.5 per cent decline. The Hang Seng... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370932/mainland-china-hong-kong-stocks-fall-us-inflation-spurs-fed-tightening-concerns?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370932/mainland-china-hong-kong-stocks-fall-us-inflation-spurs-fed-tightening-concerns?utm_source=rss_feed Thu, 15 Oct 2026 02:04:32 +0000 Daisy Wu Daisy Wu As global capital flows towards clean energy and artificial intelligence, Hong Kong billionaire Li Ka-shing’s business group has expanded its oil exposure in a move analysts see as a buffer against geopolitical risks and a play for steady cash flow. The first major investment move by the widely watched Hong Kong tycoon after a slew of asset sales across the world has stirred curiosity at a time when financial markets are more volatile amid rising fears of inflation, monetary tightening and... https://www-scmp-com.libproxy1.nus.edu.sg/business/money/wealth/article/3370567/li-ka-shing-empire-expands-oil-interests-turning-heads-market?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/money/wealth/article/3370567/li-ka-shing-empire-expands-oil-interests-turning-heads-market?utm_source=rss_feed Thu, 15 Oct 2026 01:00:07 +0000 Chris Tsang Chris Tsang Amid Hong Kong’s commercial property downturn, British conglomerate Jardine Matheson has sold a street shop in Causeway Bay for HK$80 million (US$10.2 million) after holding it for more than 50 years, accepting a price HK$10 million below its earlier valuation. The property, a ground-floor shop in H&S Building at 36 Leighton Road, with a gross floor area of about 11,727 square feet, was acquired by Uni Investment Development, according to Land Registry records. Jardine Matheson appointed an... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3370889/how-jardine-mathesons-street-shop-sale-reflects-hong-kong-retail-propertys-struggles?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3370889/how-jardine-mathesons-street-shop-sale-reflects-hong-kong-retail-propertys-struggles?utm_source=rss_feed Wed, 14 Oct 2026 23:00:06 +0000 Sylvia Ma Sylvia Ma As the US Treasury imposed historic fines on Bank of America over compliance failures involving Chinese money-laundering networks, analysts see the action as a signal that could prompt Western banks to tighten scrutiny of Chinese clients and cross-border transactions. The penalties, announced on Tuesday and totalling more than US$1.21 billion, included what the US Treasury described as its third-largest penalty on record and the largest in the history of the Office of the Comptroller of the... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3370870/what-does-historic-bank-america-fine-mean-us-china-capital-streams?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3370870/what-does-historic-bank-america-fine-mean-us-china-capital-streams?utm_source=rss_feed Wed, 14 Oct 2026 13:00:09 +0000 Daniel Ren Daniel Ren Hesai Group, the world’s largest maker of lidar sensors for vehicles, has launched a 3D spatial camera as it expands into physical artificial intelligence in search of new growth opportunities. The handheld device, called Kosmo, is described by Hesai as a “physical AI eye” and converts real-world environments into detailed, editable 3D models. The company said it was designed to standardise the digitisation of complex spaces such as campuses and factories. “Our interesting new products, which... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-evs/article/3370897/hesai-launches-3d-spatial-camera-chinese-lidar-maker-expands-physical-ai?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-evs/article/3370897/hesai-launches-3d-spatial-camera-chinese-lidar-maker-expands-physical-ai?utm_source=rss_feed Wed, 14 Oct 2026 11:47:29 +0000 Howard Liu Howard Liu Yangtze Memory Technologies Corporation (YMTC), China’s leading flash-memory maker, is set to grow revenue six times faster than its industry peers this year as it expands into server-related business ahead of a planned initial public offering (IPO), according to Counterpoint Research. The company’s server-related revenue was effectively zero in 2024, but could account for nearly 39 per cent of its revenue by 2028, according to the market intelligence firm on Tuesday. Much of the momentum is... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3370871/chinese-memory-giant-ymtc-grow-revenue-6-times-faster-peers-ipo-nears-report?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3370871/chinese-memory-giant-ymtc-grow-revenue-6-times-faster-peers-ipo-nears-report?utm_source=rss_feed Wed, 14 Oct 2026 11:00:10 +0000 Ann Cao Ann Cao China’s integrated circuit (IC) exports surged 136 per cent year on year in September to US$45 billion, exceeding the 108 per cent growth rate in the first nine months of the year in a sign of the country’s rising influence in the global semiconductor supply chain. In September, China exported 32.7 billion units of ICs, according to customs data released on Wednesday, a 1 per cent year-on-year increase in volume. But higher prices fuelled the 136 per cent jump in value amid a memory chip... https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3370858/china-chip-exports-jump-136-us45b-ai-frenzy-jacks-prices?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3370858/china-chip-exports-jump-136-us45b-ai-frenzy-jacks-prices?utm_source=rss_feed Wed, 14 Oct 2026 08:30:11 +0000 Daniel Ren Daniel Ren China’s electric vehicle (EV) makers have been hit with a double blow as both Beijing and Brussels introduce measures that will affect their exports, leading analysts to revise down their earnings forecasts for the industry. The twin measures – combined with a sales decline in China’s domestic market – could create a “do-or-die moment” for some of the country’s 50-odd EV makers, ramping up financial pressure on the companies, according to industry officials. On Friday, China and the European... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370851/chinas-ev-industry-faces-double-blow-eu-export-quota-vat-rebate-cut?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370851/chinas-ev-industry-faces-double-blow-eu-export-quota-vat-rebate-cut?utm_source=rss_feed Wed, 14 Oct 2026 08:00:07 +0000 SCMP SCMP We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. China carmakers eye record 12 million global sales in 2026 as EV demand surges Chinese automotive groups have cause to celebrate their go-global strategy amid breakneck export growth in recent years, with deliveries in 2026 expected to beat expectations already buoyed by an... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-evs/article/3370855/chinas-carmakers-eye-record-sales-luxury-model-hits-regulatory-bump-7-ev-reads?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-evs/article/3370855/chinas-carmakers-eye-record-sales-luxury-model-hits-regulatory-bump-7-ev-reads?utm_source=rss_feed Wed, 14 Oct 2026 07:57:53 +0000 Zhang Shidong Zhang Shidong Chinese investors are gearing up for a speech next week by the chief of the securities watchdog for clues on how Beijing will ramp up support for the country’s stock market after its latest efforts did little to bolster sentiment. Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), is due to deliver a keynote speech at the Financial Street Forum in Beijing on Monday. Other top financial regulators including central bank governor Pan Gongsheng will also address the four-day... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370827/hopes-stock-support-rise-china-ahead-csrc-head-wu-qings-speech?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370827/hopes-stock-support-rise-china-ahead-csrc-head-wu-qings-speech?utm_source=rss_feed Wed, 14 Oct 2026 07:00:06 +0000 Enoch Yiu,Zoe SL Chan Enoch Yiu,Zoe SL Chan Participants in Hong Kong’s stock market may need to wait longer for shorter transaction settlement times, as market participants want more time to prepare for the change, according to two sources familiar with the matter. Bourse operator Hong Kong Exchanges and Clearing (HKEX) said in a consultation paper in April that it aimed to implement a so-called T+1 system – under which trades would be settled one day after transactions – in the fourth quarter of 2027, replacing the existing T+2... https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3370813/no-rush-t1-hong-kong-exchange-wont-hurry-settlement-time-change-sources-say?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/markets/article/3370813/no-rush-t1-hong-kong-exchange-wont-hurry-settlement-time-change-sources-say?utm_source=rss_feed Wed, 14 Oct 2026 06:00:07 +0000 Zhu Wenqian Zhu Wenqian LVMH, the world’s largest luxury goods group, has attributed an Asia sales drop in the third quarter – the only regional decline the company reported – to, in part, a slowdown in Chinese demand. The Louis Vuitton, Dior, Bulgari and Fendi parent group said Asia took a hit from a sharp macro-led deterioration in Chinese consumer sentiment, with tangible impact on discretionary expenses, the group said during an earnings call session on Monday. The fall in demand coincided with a string of... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3370795/sluggish-chinese-demand-weighs-lvmh-louis-vuittons-molly-tea-case-casts-shadow?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3370795/sluggish-chinese-demand-weighs-lvmh-louis-vuittons-molly-tea-case-casts-shadow?utm_source=rss_feed Wed, 14 Oct 2026 04:00:13 +0000 Advertising partner Advertising partner [The content of this article has been produced by our advertising partner.] Hong Kong will be able to flex its growing strength and influence as a major international financial centre when the city stages the Asia-Pacific Economic Cooperation (APEC) 2026 Finance Ministers’ Meeting (FMM) for the first time, from October 20 to 21. For the city’s Financial Secretary Paul Chan Mo-po, it is an opportunity to “showcase Hong Kong’s comprehensive development in the economic, financial and social... https://www-scmp-com.libproxy1.nus.edu.sg/presented/business/topics/hong-kongs-financial-influence/article/3370536/spotlight-hong-kong-apec-finance-ministers-gather-discuss-regions-economic-future?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/presented/business/topics/hong-kongs-financial-influence/article/3370536/spotlight-hong-kong-apec-finance-ministers-gather-discuss-regions-economic-future?utm_source=rss_feed Wed, 14 Oct 2026 04:00:07 +0000 Morning Studio editors Morning Studio editors Anyone who has spent time on the internet researching goods and doing lengthy price comparisons will be intrigued by developments in the use of artificial intelligence (AI) for agentic commerce. This new form of online shopping involves AI-powered agents – autonomous software systems that use reasoning, memory and external tools to complete multi-step tasks across different sites and platforms on their own. They can carry out each stage of the buying process, from the initial search to comparing... https://www-scmp-com.libproxy1.nus.edu.sg/native/business/topics/future-agentic-commerce/article/3370555/what-will-it-take-ai-powered-purchases-become-norm?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/native/business/topics/future-agentic-commerce/article/3370555/what-will-it-take-ai-powered-purchases-become-norm?utm_source=rss_feed Wed, 14 Oct 2026 03:00:07 +0000 Tim Yuen Lingk Tim Yuen Lingk Rising sovereign debt and borrowing costs have prompted a fresh warning from the International Monetary Fund (IMF) about risks to the fiscal health of member countries, with 24-year highs in US Treasury yields expected to become one of the focal topics for central bankers and finance ministers gathering in Bangkok this week. The average yield on 10-year government bonds across the Group of Seven economies increased by more than 1 percentage point between February and September this year,... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370722/imf-warns-higher-borrowing-costs-are-straining-public-finances-worldwide?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370722/imf-warns-higher-borrowing-costs-are-straining-public-finances-worldwide?utm_source=rss_feed Wed, 14 Oct 2026 02:00:12 +0000 Peggy Ye Peggy Ye Henderson Land Development is banking on demand for premium offices to support its HK$63 billion (US$8.03 billion) Central Yards project, as tenants gravitate towards top-tier buildings even while much of Hong Kong’s office market remains weak. Jane Street’s decision last year to take about 70 per cent of the office space in the first phase of the project has helped draw interest from other potential tenants, according to Tom Andrews, director and head of leasing and operations at Central Site 3... https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3370761/henderson-banks-tenant-fomo-fill-us8b-central-yards-project?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3370761/henderson-banks-tenant-fomo-fill-us8b-central-yards-project?utm_source=rss_feed Wed, 14 Oct 2026 00:00:20 +0000 Enoch Yiu Enoch Yiu Hong Kong Exchanges and Clearing (HKEX) has completed the first cross-border trading of green products under two separate pilot programmes with exchanges in Guangzhou and Shenzhen, according to an executive. The exchange’s Core Climate platform has enabled 15 companies, including Airport Authority, China Power International Development, Bank of China (Hong Kong) and others, to purchase Green Electricity Certificates (GECs) through the Guangzhou Power Exchange Centre with a total volume of about... https://www-scmp-com.libproxy1.nus.edu.sg/business/climate-and-energy/article/3370720/hong-kong-completes-pilot-schemes-trade-green-products-exchanges-mainland-china?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/climate-and-energy/article/3370720/hong-kong-completes-pilot-schemes-trade-green-products-exchanges-mainland-china?utm_source=rss_feed Tue, 13 Oct 2026 23:00:07 +0000 Chris Tsang Chris Tsang The new Royal Garden Kowloon East hotel has undergone far more than an extensive renovation; it has been completely overhauled to become an “urban resort” in the heart of Tseung Kwan O, according to the hotel’s owner. Developer Sun Hung Kai Properties (SHKP) had transformed the former Crowne Plaza “from a traditional business hotel into a brand-new urban resort experience” to cater to a new generation of tourists in Hong Kong, the firm’s chairman said at the hotel’s opening ceremony on... https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3370747/shkp-reopens-former-crowne-plaza-hotel-luxury-urban-resort-tseung-kwan-o?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3370747/shkp-reopens-former-crowne-plaza-hotel-luxury-urban-resort-tseung-kwan-o?utm_source=rss_feed Tue, 13 Oct 2026 10:13:35 +0000 Brian Rhoads,Raymond Ma Brian Rhoads,Raymond Ma China’s central bank boosted gold holdings by the most in three years last month, taking advantage of a dip in prices to further pare its exposure to US dollar assets amid tensions with Washington. Holdings rose by 740,000 troy ounces (23 tonnes) to reach 77.47 million ounces at the end of September, the People’s Bank of China said last week. The total gold pile is worth about US$324 billion at market prices and compares with China’s foreign exchange reserves of US$3.4 trillion. The People’s... https://www-scmp-com.libproxy1.nus.edu.sg/plus/business/commodities/article/3370735/pboc-adds-most-gold-three-years-amid-china-pivot-us-dollar?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/plus/business/commodities/article/3370735/pboc-adds-most-gold-three-years-amid-china-pivot-us-dollar?utm_source=rss_feed Tue, 13 Oct 2026 09:40:58 +0000 Yulu Ao Yulu Ao Chinese billionaire Cao Dewang, whose glass-making empire was featured in the Oscar-winning documentary American Factory, has urged Chinese investors expanding overseas to respect local laws, regulations and culture, drawing on decades of experience building a global manufacturing business amid shifting US-China relations. Speaking at the University of Hong Kong (HKU) on Monday, the founder of Fuyao Glass said the approach had been central to the firm’s success in the US and warned against... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370689/chinese-billionaire-featured-american-factory-shares-lesson-firms-going-global?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370689/chinese-billionaire-featured-american-factory-shares-lesson-firms-going-global?utm_source=rss_feed Tue, 13 Oct 2026 08:00:05 +0000 Zoe SL Chan,Enoch Yiu Zoe SL Chan,Enoch Yiu Hong Kong’s securities watchdog has moved against two syndicates suspected of being involved in three alleged initial public offering fraud schemes involving assets worth HK$4.6 billion (US$590 million), according to a statement released on Tuesday. The Securities and Futures Commission (SFC) also announced on the same day that it had suspended 65 listing applications in the first nine months of this year due to the poor quality of their listing sponsors’ work, in what analysts viewed as an... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370697/hong-kong-watchdog-orders-suspension-third-stock-month?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3370697/hong-kong-watchdog-orders-suspension-third-stock-month?utm_source=rss_feed Tue, 13 Oct 2026 07:00:10 +0000 Daisy Wu Daisy Wu Haidilao International Holding has agreed to provide its founder, Zhang Yong, with a one-month loan of up to the Hong Kong dollar equivalent of 100 million yuan (US$14.9 million), a move that has raised market speculation as investors closely watch Beijing’s October 22 deadline for offshore trust taxation. The Hong Kong-listed hotpot chain said in a stock exchange filing on Monday night that it would fund the loan from internal resources and charge interest at 0.6 percentage points above the... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370680/why-haidilaos-us149-million-credit-line-founder-fuelling-china-tax-speculation?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3370680/why-haidilaos-us149-million-credit-line-founder-fuelling-china-tax-speculation?utm_source=rss_feed Tue, 13 Oct 2026 06:00:11 +0000