mainland China

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Consumer brands in China face fraught future amid frugal spending forecast

International and Chinese consumer brands will be forced to maintain a low-price strategy in mainland China amid persistent deflationary pressures,…

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Tokenisation trend risks repeat of China’s P2P lending crisis, asset manager warns

The rapid rise of tokenisation risks repeating China’s earlier boom-and-bust cycle in peer-to-peer lending unless clear industry standards are established…

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Explainer | How some Chinese exporters benefit from US dollar-backed stablecoins

In this explainer, the Post outlines four roles that US dollar-backed stablecoins play in China’s overseas trade, based on a…

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UBS’ China property optimist retreats from bullish calls, foresees deeper slump

John Lam, UBS’ head of China property research and a long-time contrarian, is retreating from his earlier bullish calls and…

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Steep drop in Chinese tourists could cost Japan US$9.59 billion a year: economist

The Japanese economy could lose about 1.49 trillion yen (US$9.59 billion) over the next year if travellers from mainland China…

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Geely’s third-quarter revenue and profit soar on surging EV sales in mainland China

Geely Auto, mainland China’s second-largest carmaker, reported a 27 per cent jump in third-quarter revenue on the back of a…

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From record rent to retreat: Hong Kong’s currency exchange shops have become a dying breed

Currency exchange shops, once a ubiquitous feature of Hong Kong’s retail landscape, are in a gradual, irreversible decline, with their…

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Billionaire boom: ultra-wealthy ranks in mainland China and Hong Kong regain momentum

Mainland China and Hong Kong have gained more billionaires, reversing a decline three years ago, after the world’s second-largest economy…

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Hong Kong life insurance sales hit record US$22.3 billion on high-net-worth demand

Life insurance sales in Hong Kong rose 50 per cent in the first half of this year to a fresh…

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New Business

Mainland Chinese buyers fuel 25% of Hong Kong home sales last quarter, Centaline says

Mainland Chinese homebuyers remain a strong driving force in Hong Kong’s residential property market, spending HK$38 billion (US$4.9 billion) to…

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