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SCMP Exclusives

SCMP Exclusives
The latest news, analysis and opinion on SCMP Exclusives. In-depth analysis, industry insights and expert opinion.
US President Donald Trump and Chinese President Xi Jinping arrive during a state dinner at the Great Hall of the People in Beijing on May 14. File photo: AP
2026 Xi-Trump summits

Exclusive | Chinese officials rattled by White House chaos weeks ahead of Xi-Trump summit

Sources say little progress has been made on deliverables for Xi Jinping’s first state visit to the US since 2015.

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Insurance

Exclusive | Hong Kong to reappoint insurance regulator as industry braces for tough period

HKEX

Exclusive | HKEX to launch debate over extending trading hours despite pushback, sources say

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Education in Hong Kong

Exclusive | CUHK chief Dennis Lo ‘calm’ about talk of Nobel Prize for groundbreaking test

Scientist who pioneered non-invasive prenatal testing credits success to his team and is focused on challenges as CUHK president.

Professor Dennis Lo is vice-chancellor of the Chinese University of Hong Kong. Photo: Sun Yeung
Hong Kong’s Tai Po fire tragedy

Exclusive | 2 fire service contractors linked to Tai Po tragedy still in business

Lawmakers concerned about public safety and potential project abandonment as SCMP investigation reveals China Status and Victory Fire’s active status.

Hong Kong economy

Exclusive | Rosewood Hotel Group to press on with clubhouse takeover as opposition escalates

A group of HKGTA patrons has written to the Legco Secretariat to oppose change of Town Club operator after filing complaints with authorities.

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2026 Xi-Trump summits

Exclusive | Trump envoy Daines to return to Beijing as US and China lock in Xi summit agenda

Montana Republican is helping narrow differences on issues expected to dominate summit planned for September in Washington, source says.

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US Senator Steve Daines has emerged as a pivotal backchannel figure between Washington and Beijing. Photo: AP
China-EU relations

Exclusive | Top EU diplomat Kallas expected to visit Beijing amid deepest strains in years

It will be Kaja Kallas’ first solo trip to China since taking on her role in 2024.

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Artificial intelligence

Exclusive | RedNote eyes US$2.2b data centre as China ramps up AI infrastructure: source

China’s DeepSeek is also recruiting for jobs in Inner Mongolia, the location of the buildout, as it emerges as an AI hub due to low power costs.

Semiconductors

Exclusive | ‘Science is a universal language’: US materials pioneer defends global ties

Elsa Reichmanis spent decades collaborating with Chinese science teams and says research should remain distinct from tech rivalry.

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Elsa Reichmanis, who was one of the recipients of the China International Science and Technology Cooperation Award in July. Photo: Handout
US-Asean relations

Exclusive | Philippines, sovereignty, Pax Silica Industrial Hub – how US’ Helberg sees it

Senior US official tackles suggestions that Manila’s jurisdiction could be eroded by a joint supply chain project.

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Protesters in Manila express opposition to the US-led Pax Silica international initiative, which brings countries together to secure global supply chains for advanced technologies. Photo: EPA
Artificial intelligence

Exclusive | Chinese AI developers may shift to ‘paid weights’: Goldman Sachs

As use of Chinese artificial intelligence soars, companies will look to boost revenue capture, says bank’s head of Asia internet research.

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Hong Kong economy

Exclusive | Family office of Henderson Land boss to fast-track Central Asia green energy plans

Managing partner of Peter Lee’s family office says firm is pressing ahead with investment projects such as sustainable aviation fuel.

US-China relations

Exclusive | Can the US and its allies break China’s grip on rare earths and AI technology?

In an exclusive interview, senior US official says a whole-of-supply-chain strategy is needed to cut dependence on China.

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The Pax Silica summit held in Washington in June brought together countries seeking to strengthen AI supply chains. Photo: Handout
HKEX

Exclusive | HKEX eyes confidential filings, lower market cap threshold for start-ups

HKEX is moving towards closed listings to compete with other exchanges that allow for confidentiality.

The Hong Kong Exchanges and Clearing (HKEX) in Central on July 17. Photo: Karma Lo
US-China relations

Exclusive | Anthropic, China and why Pax Silica architect thinks the US can keep AI lead

Brief curbs on foreign access to Anthropic’s Fable and Mythos models designed to keep infrastructure safe, Jacob Helberg says.

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2026 Xi-Trump summits

Exclusive | Chinese minister set for US visit in ‘temperature test’ to pave way for Xi

Sources say stop in Miami, host city for December G20 summit, may also be on the cards for Ma, suggesting repeat visit by Xi this year.

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China-EU relations

Exclusive | Dutch Prime Minister Rob Jetten set to visit China next spring: sources

Food security and trade ministers have already visited this year, with another, by Economy Minister Heleen Herbert, under consideration.

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Dutch Prime Minister Rob Jetten disembarks from a plane at Esenboga Airport ahead of the Nato Heads of State and Government Summit in Ankara, Turkey, on July 7. Photo: EPA
Belt and Road Initiative

Exclusive | Hong Kong and Shenzhen perfect end points for modern Silk Road: top economist

Economist Jeffrey Sachs, who is retracing Marco Polo’s journey to China, described the cities as the ‘world’s greatest innovation cluster’.

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Science

Exclusive | Asia’s top climate scientist warns of ‘humanitarian disasters’ as Earth teeters

Hong Kong-based expert paints grim picture of challenges, yet voices hope in next generation and nature’s resilience.

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Malaysia

Exclusive | Stop ‘one-party dominance’ in Johor to compete with Singapore: Malaysia’s Loke

The transport minister urges voters to flood Saturday’s state election to ensure Malay-led Barisan Nasional does not have its way.

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Malaysia’s Transport Minister Anthony Loke (centre) during a recent campaign event. Photo: Facebook/Anthony Loke Siew Fook
Mandatory Provident Fund (MPF)

Exclusive | All that glitters: Hong Kong pension fund to offer more gold ETFs

MPFA to relax gold ETF investment approval rules as part of Hong Kong government’s push to turn the city into a regional gold trading hub.

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Gold bricks displayed at Hong Kong Gold Exchange's Chinese New Year ceremony in Sheung Wan on February 3, 2025. Photo: Edmond So
Banking & finance

Exclusive | Why Citigroup CEO Jane Fraser left Beijing feeling optimistic

Leader of US$239 billion company discusses yuan internationalisation, Hong Kong’s fintech leadership, and US-China economic stabilisation.

Banking & finance

Exclusive | Hong Kong to launch gold clearing and settlement system next week: sources

The city plans to process its first gold settlement on Tuesday, according to those familiar with the matter.

China-EU relations

Exclusive | China signals openness to cut gaping EU trade gap as Brussels toughens stance

Beijing floats buying more European goods as the EU weighs new trade tools and presses for tangible progress by October.

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China’s Commerce Minister Wang Wentao, left, and EU trade chief Maros Sefcovic, who held talks in Brussels as Beijing and the bloc sought to ease escalating trade tensions. Photos: AFP
Artificial intelligence

Exclusive | China’s Kling AI nears US$3 billion round at US$18 billion valuation: sources

The Kuaishou Technology spin-off aims to start Hong Kong listing process within a year, as annual recurring revenue soars following latest AI video model release.

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Kling AI is said to be close to completing a US$3 billion fundraising round that would value the company at US$18 billion post-investment. Photo: Shutterstock
US-China relations

Exclusive | US lawmaker defends calling witness ‘racist’ in explosive China committee clash

Californian congressman says ‘denaturalise’ comments by Michael Lucci, founder of State Armor, are ‘absurd’.

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China-India relations

Exclusive | Indian officials said to be in talks to allow reporters from China to return

Last Chinese journalist left India after being denied visa extension in 2023 and sources say both sides are working to restore reciprocity.

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