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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.
last updated:
9 September, 2024
The lease on Carrie Lam’s current office will expire in mid-May. Photo: Nora Tam
Hong Kong politics

Exclusive | Former Hong Kong leader Carrie Lam’s office moving to government premises

Lam’s current office at One Pacific Place has been under scrutiny for costing taxpayers an estimated HK$9.17 million last year.

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The Football Association of Hong Kong, China

Exclusive | Hong Kong football chief outlines 2034 World Cup and Kai Tak plans in Post’s Q&A

The Football Association of Hong Kong, China

Exclusive | Hong Kong FA’s Fok open to legal football betting, vows to root out match-fixing

TSMC

Exclusive | TSMC cuts ties with Singapore firm over Huawei processor: sources

The world’s largest chip foundry ended its relationship with a Singapore-based firm after a client review.

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A TSMC logo seen at its headquarters in Hsinchu, Taiwan. Photo: AFP
Semiconductors

Exclusive | US may unveil new rules on China’s access to AI chips before Biden leaves office

The changes aim to control global shipments of powerful GPUs essential for training AI models by closing existing regulatory loopholes.

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Hong Kong transport

Exclusive | How Hong Kong’s MTR controllers keep 5 million daily commuters on track

Rail giant opens up its control room to media and talks about the daily life of controllers – and a taboo dim sum dish no one dares to eat.

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Crime in Hong Kong

Exclusive | Hong Kong to slap tobacco products with laser labels to root out contraband

Sources say authorities studying updating law to introduce new labelling system, which involves goods being marked with laser.

A pack of contraband cigarettes goes for between HK$20 and HK$30 on the black market. Photo: May Tse
Hong Kong environmental issues

Exclusive | Rapid test to give Hong Kong officials new weapon to fight shark fin trade

PCR-based method to allow law enforcement to identify shark species in hours as opposed to previous DNA tests that took days, UN official and local authorities say.

International Property

Exclusive | Rosewood Hotel Group targets Chinese travellers in Middle-East expansion

Hong Kong-based Rosewood Hotel Group was among the pioneering hoteliers to recognise the growing significance of the Middle East.

Macau

Exclusive | Wynn Macau calls for easier travel process with Hong Kong to lift tourism

View echoes call by President Xi Jinping for both cities to ‘stay united and work for greater achievements’.

Wynn Macau president and vice-chairman Linda Chen says “Macau and Hong Kong should work together as a greater area”. Photo: Sun Yeung
Electric & new energy vehicles

Exclusive | China’s EV champion Geely bets on tech edge to expand in Asia, EU

In an interview with the Post, Geely CEO Gui Shengyue discusses the company’s overseas strategy and EU tariffs.

Geely’s Robocar Jiyue 01 is displayed at the Beijing Auto Show on April 29, 2024. Photo: AFP
China’s Communist Party

Exclusive | China is recruiting embassy staff with a focus on electric vehicles, source says

Hundreds of candidates said to have sat exam testing their knowledge of Communist Party ideology and the EV sector.

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Banking & finance

Exclusive | China-UAE ties evolve as Gulf nation acts as global ‘superconnector’

China’s growing heft in innovative industries is driving partnerships with the UAE, HSBC’s country head says.

Alibaba

Exclusive | Alibaba to sell department store Intime to focus on core e-commerce, sources say

The reported Intime sale is part of Alibaba’s broader efforts to restructure its business and refocus on its e-commerce and cloud businesses.

Alibaba has been adjusting its sprawling e-commerce empire to refocus on core businesses. Photo: Shutterstock Images
Banking & finance

Exclusive | Hong Kong’s potential as commodities hub draws expansion by Marex Group

The establishment of London Metal Exchange warehouses in Hong Kong will be a key enabler, Marex CEO says.

A collection of 100-gram gold bars sits on a table. Photo: DPA
Hong Kong sports

Exclusive | Getting past poker: Sands China drives Macau to diversify economy

Xi Jinping to visit Macau for 25th anniversary of handover as Sands China unveils non-gaming strategy.

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Hong Kong economy

Exclusive | New design to bring decades-old wall in Hong Kong’s State Theatre to light

‘This project could help retain the character of the city and will be a cultural quarter,’ architectural firm director says.

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Banking & finance

Exclusive | Abu Dhabi Global Market plans China roadshow to boost financial ties

Planned trip in February will stop in Beijing, Shanghai, Shenzhen and Hong Kong amid ‘overwhelming interest’ in the UAE financial centre.

A view of Abu Dhabi, United Arab Emirates. Photo: Reuters
China-France relations

Exclusive | Macron plans China visit amid talk of Beijing helping end Ukraine war

Senior adviser to French leader said to have travelled to Beijing to lay groundwork for 2025 trip as Europeans push for China to sway Russia.

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Semiconductors

Exclusive | US to cap countries’ advanced chip access, with China in sights: sources

In a second escalation of chip restrictions this month, the US is planning to close sourcing loopholes through third-party countries, sources say.

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Cathay Pacific

Exclusive | Hong Kong’s Cathay reaches 3,400 pilots this year, with resignation rate of 2.9%

Company is ‘in a phase of record training’, spokesman says.

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Cathay Group says it has hit its hiring target this year. Photo: Eugene Lee
Hong Kong economy

Exclusive | Deepening Hong Kong, Iran ties show US curbs have ‘lost their potency’: envoy

Ambassador Mohsen Bakhtiar says measures have been taken to overcome sanctions restricting Iranian firms from accessing services in the city.

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Mohsen Bakhtiar, the Iranian ambassador to China, has called for more exchanges between his country and Hong Kong. Photo: Dickson Lee
Art

Exclusive | Hong Kong art photography fair cancelled months before its debut

Photofairs Hong Kong, slated for March 2025, scrapped by UK-based organiser because of unspecified ‘logistical constraints’.

E-commerce

Exclusive | China’s Meituan to expand Keeta food delivery service to more Middle East cities

Wang Xing, founder and CEO of Meituan, said last week that the company has seen some ‘encouraging results’ in Saudi Arabia.

IPO

Exclusive | Tencent-backed WeDoctor revives Hong Kong IPO plan, sources say

Healthcare platform plans to submit IPO application by end-December and complete fundraising of as much as US$500 million by June.

WeDoctor is a Hangzhou-based online healthcare platform. Photo: Handout
Hong Kong society

Exclusive | Hong Kong-based head of insurer calls for better policies for people with autism

Damien Green of Manulife Financial Asia earlier criticised his employer’s ‘clinically dumb’ underwriting policies for people with autism.

Damien Green, chairman of Manulife Financial Asia, has slammed the underwriting process for potential customers with autism. Photo: Edmond So
Banking & finance

Exclusive | French bank Credit Agricole CIB backs Hong Kong as Asian hub amid trade war

Bank has strong capability in yuan trading, green finance and infrastructure development, CEO Xavier Musca says.

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China-EU relations

Exclusive | Call from European Parliament to cancel Hong Kong’s customs status

Lawmakers will vote on a resolution that includes proposal for ‘targeted sanctions’ on city’s leaders.

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