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Guangzhou

Guangzhou
Latest news, analysis, explainers and updates on policy announcements, corporate developments and investment opportunities focused on the Guangdong provincial capital under the Greater Bay Area (GBA) initiative in southern China’s Pearl River Delta The coverage includes politics and policies, business, lifestyle and culture and useful to-do guides about living, working and studying in the GBA.
Head of Government
Party Secretary of Guangzhou Guo Yonghang
HKEX chairman Carlson Tong and Deputy Financial Secretary Michael Wong strike the gong to mark the bourse operator’s 26th anniversary. Photo: May Tse
HKEX

Hong Kong vows stronger exchange with reforms, bond futures and gold push

Listing changes and new product launches are set to bolster Hong Kong’s role as a global financial hub, deputy finance chief says.

China property

Have China home prices hit bottom? Some buyers are hunting bargains

China-Russia relations

Russian visitor numbers surge in southern China on visa-free arrival scheme

Food and Drinks

The winding path of a chef marrying Cantonese and Jiangnan cuisines in Macau

Chef Kevin Zhu blends Cantonese and Jiangnan cuisines at Lakeview Palace in Macau, crafting dishes that reflect his unique culinary journey.

Shrimp fried noodles by Chef Zhu. Photo: Chloe Loung
China travel

Why are foreign travellers racing to China for the June Dragon Boat holiday?

Chinese travel platforms have logged a big jump in bookings by inbound tourists over the holiday, as global interest in Chinese festivals rises.

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Hong Kong economy

Tycoon Gordon Wu says he’s very optimistic about China due to its ‘stability’

‘I am very optimistic about the future of China. Why? Because these are the people who really work hard,’ Wu says after receiving Asia Society award.

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China property

China’s first-tier new home prices rise for third month as measures take hold

Price gains in tier-one cities in May suggest confidence returning as policy support steadies sentiment.

High-rise residential towers under construction in Shenzhen on May 28. Photo: Getty Images
Artificial intelligence

Surge in AI-related court cases fuels calls for China to clarify its laws

Growing number of tech-related cases has increased calls for a comprehensive legal framework to govern the technology.

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Espionage

Beijing confirms arrest of US citizen Min Zin on espionage charges

On the same day China said Myanmar’s president will visit, it said it had arrested the former Myanmese democracy activist.

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Hong Kong economy

Opinion | Why Hongkongers should be very interested in the Pinglu Canal

China-Asean trade is expected to surge as the Pinglu Canal synergises with the Hainan free-trade zone – creating demand for services Hong Kong can provide.

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Illustration: Craig Stephens
Banking & finance

New York leads, but Asia-Pacific’s financial hubs are on the rise

The centre of gravity is shifting east in the financial services world, but New York remains the global benchmark, says Colliers report.

Singapore ranked third in a Colliers report on the world's leading financial centres, behind New York and London. Photo: AFP
Hong Kong economy

Hong Kong tycoon bets China will overtake US economy ‘in next decade or so’

Hopewell founder Gordon Wu says city must leverage its role as a premier trading hub to attract highly fluid American private wealth.

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Banking & finance

Mainlanders can still open bank accounts in Hong Kong despite new rules: HKMA

Some mainlanders have reported having applications to open Hong Kong accounts rejected amid China’s tightening cross-border investment controls.

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Artificial intelligence

China launches space computing hub as SpaceX gears up for historic IPO

New institute highlights Beijing’s bid to leapfrog energy bottlenecks and underscores how tech race with US is moving off-planet.

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The establishment of the institute marks a major step in the China-US AI rivalry, which is increasingly extending beyond Earth. Photo: Shutterstock
Hong Kong courts

Editorial | New international commercial court will boost Hong Kong as a legal hub

Such tribunals are rapidly growing around the world. Hong Kong cannot afford to be left behind.

The new court will form a division of the High Court. Photo: Sun Yeung
Science

Top Chinese map-making scientist Zhou Chenghu netted in anti-corruption sweep

Cartographer with business empire in spatial data and low-altitude economy suspected of ‘serious violations of duty’.

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Hong Kong economy

Beijing to release Hong Kong yacht policy with mainland port details next month

State Council revamps maritime policies, exempting Hong Kong and Macau yachts from customs guarantees and simplifying registration in Greater Bay Area.

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Vietnam

‘Notorious’ Vietnam market defies raids, tariff threats to sell Gucci dupes

‘Police come once a year with a TV crew. They film the seizure of a shop, and then it’s business as usual,’ a Ninh Hiep bazaar seller says.

Counterfeit goods on display at Ninh Hiep market in Hanoi, Vietnam, on May 5. Photo: Reuters
China's population

How Shenzhen’s growing population defies expectations in China’s changing cities

The global tech powerhouse attracts more workers and has higher birth and lower mortality rates than the national average.

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China’s private sector

A new battlefront for KFC and its Chinese rivals: the lighter meal

Big-name fast-food chains are seeking to capitalise on a surge in demand in China for lighter meals.

Electric & new energy vehicles

Chinese firm Xpeng builds driverless cabs, challenging Tesla’s FSD software

The EV maker has embarked on mass production of robotaxis using its own chips and plans to trial the tech before the end of the year.

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Xpeng’s first robotaxis roll off its production line. Photo: Handout
China property

Rising used home prices in China’s major cities during April fan stability hopes

With first-tier cities seeing price upticks, analysts are optimistic that the struggling property sector is showing signs of bottoming out.

Shanghai led the way among China's first-tier cites for secondary home price rises in April. Photo: AFP
Transport and logistics

China’s up-and-coming cities plan second airports as competition soars

Emerging economic centres are looking to broaden their aviation networks as local governments seek greater international, regional connectivity.

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Education in Hong Kong

AI app to detect drunk drivers through Cantonese speech analysis in the works

Hong Kong Metropolitan University to develop app that allows users to assess alcohol’s effects in real time to determine whether they are fit to drive.

Hong Kong society

Exclusive | Hong Kong to seek more elderly care places in Guangdong, Chris Sun says

Welfare chief tells SCMP number of older residents moving into mainland care homes under government scheme has risen ninefold in recent years.

A Chinese New Year fair at an elderly home in Nansha, Guangzhou. Photo: Xiaomei Chen
Hong Kong economy

Budding Mother’s Day competition as Hong Kong florists prune prices

Crowds flock to Mong Kok market on day before Mother’s Day for colourful bouquets of carnations, roses and other fresh flowers.

Florists on Flower Market Road offer up bouquets for sale on the day before Mother’s Day. Photo: Dickson Lee
China consumption

Shenzhen’s economic dilemma: soaring GDP, stagnant consumption

Shenzhen’s retail sales barely rose in the first quarter despite strong GDP growth, a sign of the Chinese tech hub’s unbalanced development.

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Mainland China

Video | Man sprays train crowd in China with suspected pepper spray

Passengers on Guangzhou Metro Line 3 describe inhaling ‘something spicy’ according to local media.

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