A pall of gloom continues to hang over China’s housing sector. Photo: AFP
China property

Sino-Ocean seeks deadline extension on onshore bond interest payment

2 hours ago

Sino-Ocean plans to seek creditors’ approval to extend interest payment on an onshore bond due October 19, but it would pay interest on an offshore bond due October 26.

A pall of gloom continues to hang over China’s housing sector. Photo: AFP

Sino-Ocean seeks deadline extension on onshore bond interest payment

Sino-Ocean plans to seek creditors’ approval to extend interest payment on an onshore bond due October 19, but it would pay interest on an offshore bond due October 26.

2 hours ago

Hong Kong stocks end winning run as weak inflation hurts bullish China bets

Local stock benchmark retreats from a five-week high as weak official reports on producer and consumer prices undermine bullish bets on China’s economic recovery outlook.

4 hours ago

China’s BYD eyes lithium assets in Brazil in EV raw-material push

BYD is mulling the purchase of lithium mining assets in Brazil as it seeks to lock in raw-material supplies to expand its electric vehicle production outside Asia.

6 hours ago
Screens showing the Hang Seng stock index and stock prices outside Exchange Square in Central, Hong Kong in August 2023. Photo: Reuters

Hong Kong stocks end winning run as weak inflation hurts bullish China bets

Local stock benchmark retreats from a five-week high as weak official reports on producer and consumer prices undermine bullish bets on China’s economic recovery outlook.

4 hours ago
Electric & new energy vehicles

China’s BYD eyes lithium assets in Brazil in EV raw-material push

BYD is mulling the purchase of lithium mining assets in Brazil as it seeks to lock in raw-material supplies to expand its electric vehicle production outside Asia.

BYD is mulling the purchase of lithium mining assets in Brazil as it seeks to lock in raw-material supplies to expand its electric vehicle production outside Asia.

6 hours ago
Banking & finance

China Resources property arm mulls IPO to raise up to US$1 billion -sources

China Resources Longdation, a property arm of state-owned conglomerate China Resources, plans to raise between US$500 million and US$1 billion in a Hong Kong initial public offering (IPO), according to three sources with direct knowledge of the matter.

China Resources Longdation, a property arm of state-owned conglomerate China Resources, plans to raise between US$500 million and US$1 billion in a Hong Kong initial public offering (IPO), according to three sources with direct knowledge of the matter.

2 hours ago

US extends TSMC’s waiver for advanced chipmaking gear in China

The exemption allows the world’s biggest contract chip maker to continue buying advanced chip equipment for its operations in mainland China.

2 hours ago
US extends TSMC’s waiver for advanced chipmaking gear in China

US eyes more AI chip curbs on Chinese companies to close loophole

US rules restricting shipments of AI chips and chipmaking tools to China are set to be tightened in the coming days, sources say.

3 hours ago
US eyes more AI chip curbs on Chinese companies to close loophole

China Resources property arm mulls IPO to raise up to US$1 billion -sources

China Resources Longdation, a property arm of state-owned conglomerate China Resources, plans to raise between US$500 million and US$1 billion in a Hong Kong initial public offering (IPO), according to three sources with direct knowledge of the matter.

2 hours ago

US extends TSMC’s waiver for advanced chipmaking gear in China

The exemption allows the world’s biggest contract chip maker to continue buying advanced chip equipment for its operations in mainland China.

2 hours ago

US eyes more AI chip curbs on Chinese companies to close loophole

US rules restricting shipments of AI chips and chipmaking tools to China are set to be tightened in the coming days, sources say.

3 hours ago
Banking and finance

exclusive | Hong Kong e-HKD trials explore use in payments, investments: HKMA boss

Trials of the digital currency have showed potential uses in payment, deposit and investment scenarios, but relevant players need more experience before a launch date can be considered, says the head of the city’s de facto central bank.

Trials of the digital currency have showed potential uses in payment, deposit and investment scenarios, but relevant players need more experience before a launch date can be considered, says the head of the city’s de facto central bank.

9 Oct 2023 - 3:36PM

Hong Kong’s version of Temasek, HKIC, gets Cathay Pacific ‘goddess’ as CEO

Clara Chan Ka-chai, the incoming CEO of the new government investment company which will oversee HK$62 billion (US$8 billion) of funds, is not new to deal-making challenges, having earned the moniker ‘goddess’ for her role in rescuing the city’s flagship carrier from collapse during the pandemic.

Clara Chan Ka-chai, the incoming CEO of the new government investment company which will oversee HK$62 billion (US$8 billion) of funds, is not new to deal-making challenges, having earned the moniker ‘goddess’ for her role in rescuing the city’s flagship carrier from collapse during the pandemic.

4 Oct 2023 - 8:52PM

Hong Kong digital assets market needs guardrails, investor education: HKMA CEO

The development of Hong Kong’s digital asset ecosystem will need stronger guardrails and more public education to protect investors, HKMA CEO Eddie Yue told the Post in an interview, following last month’s JPEX scandal and after the city saw a 67 per cent rise in cryptocurrency-related complaints last year.

The development of Hong Kong’s digital asset ecosystem will need stronger guardrails and more public education to protect investors, HKMA CEO Eddie Yue told the Post in an interview, following last month’s JPEX scandal and after the city saw a 67 per cent rise in cryptocurrency-related complaints last year.

6 Oct 2023 - 6:15PM
Banking and finance

exclusive | Hong Kong e-HKD trials explore use in payments, investments: HKMA boss

Trials of the digital currency have showed potential uses in payment, deposit and investment scenarios, but relevant players need more experience before a launch date can be considered, says the head of the city’s de facto central bank.

Trials of the digital currency have showed potential uses in payment, deposit and investment scenarios, but relevant players need more experience before a launch date can be considered, says the head of the city’s de facto central bank.

9 Oct 2023 - 3:36PM

Hong Kong’s version of Temasek, HKIC, gets Cathay Pacific ‘goddess’ as CEO

Clara Chan Ka-chai, the incoming CEO of the new government investment company which will oversee HK$62 billion (US$8 billion) of funds, is not new to deal-making challenges, having earned the moniker ‘goddess’ for her role in rescuing the city’s flagship carrier from collapse during the pandemic.

Clara Chan Ka-chai, the incoming CEO of the new government investment company which will oversee HK$62 billion (US$8 billion) of funds, is not new to deal-making challenges, having earned the moniker ‘goddess’ for her role in rescuing the city’s flagship carrier from collapse during the pandemic.

4 Oct 2023 - 8:52PM

Hong Kong digital assets market needs guardrails, investor education: HKMA CEO

The development of Hong Kong’s digital asset ecosystem will need stronger guardrails and more public education to protect investors, HKMA CEO Eddie Yue told the Post in an interview, following last month’s JPEX scandal and after the city saw a 67 per cent rise in cryptocurrency-related complaints last year.

The development of Hong Kong’s digital asset ecosystem will need stronger guardrails and more public education to protect investors, HKMA CEO Eddie Yue told the Post in an interview, following last month’s JPEX scandal and after the city saw a 67 per cent rise in cryptocurrency-related complaints last year.

6 Oct 2023 - 6:15PM
Business | OPINION
People stand outside a mosque destroyed by an Israeli air strike in Khan Younis, Gaza Strip, on October 8. Photo: AP

Macroscope | Israel-Hamas war shows limits of forecasting in an age of uncertainty

it has become clear investors are out of their depth when it comes to gauging non-economic threats, particularly geopolitical risk. Analytical humility is more important than ever for those trying to make sense of the world.

12 Oct 2023 - 8:30PM

The View | Is the next subprime crisis brewing in China’s property market?

The slowdown in China’s asset-backed securities is raising fears of a repeat of 2008, when the opaque products triggered a domino effect. China’s potential trouble could start in its beleaguered property sector.

The slowdown in China’s asset-backed securities is raising fears of a repeat of 2008, when the opaque products triggered a domino effect. China’s potential trouble could start in its beleaguered property sector.

12 Oct 2023 - 3:30PM
Is the next subprime crisis brewing in China’s property market?

The View | The big loophole in US ‘friendshoring’? China’s large market

With its strength in critical sectors like batteries and chips, South Korea’s suitability as a friendly shore is coloured by its companies’ dependence on Chinese inputs and demand. Extending China waivers for Korean companies, as the US has done, only undermines its own industry policy.

With its strength in critical sectors like batteries and chips, South Korea’s suitability as a friendly shore is coloured by its companies’ dependence on Chinese inputs and demand. Extending China waivers for Korean companies, as the US has done, only undermines its own industry policy.

12 Oct 2023 - 4:24PM
The big loophole in US ‘friendshoring’? China’s large market

Business | Explore more