mainland China

New Business

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…

Read More »
New Business

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…

Read More »
New Business

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…

Read More »
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…

Read More »
New Business

As China, Hong Kong property markets stabilise, is it time for investors to quit Japan?

As Japan enters a new era with the likely election of Sanae Takaichi as the first female prime minister of…

Read More »
New Business

China’s pure-EV sales hit all-time high as new models, expiring tax breaks lure buyers

Sales of pure-electric vehicles (EVs) in mainland China hit an all-time high last month as consumers rushed to take advantage…

Read More »
New Business

Redefining Hong Kong: city remains key beneficiary of China’s continued opening up efforts

Hong Kong’s strength as an asset and wealth management hub stems from its role as the gateway to mainland China,…

Read More »
New Business

Prudential expands partnerships, AI adoption to capture cross-border business: CEO

Prudential Hong Kong will expand healthcare partnerships and explore more use of artificial intelligence to capture growing opportunities from people…

Read More »
New Business

NWD reports losses for second straight year as CEO says debt reduction efforts yield results

New World Development (NWD), controlled by one of Hong Kong’s richest families, reported losses for the second consecutive year even…

Read More »
New Business

Developer Seazen joins Chinese rush back to dollar bond market

Issuers from mainland China, Hong Kong and Macau are storming back into the offshore dollar bond market this year, driving…

Read More »
Back to top button