South China Morning Post - Business

Despite showing the highest rates of investment participation, Hongkongers feel less knowledgeable about their investment decisions than international peers, with the younger generation in particular facing a “confidence problem”, a recent study finds. Some 88 per cent of Hong Kong respondents said they invested in some form, and yet 41 per cent felt they were held back by a lac...

New residential projects in the Greater Bay Area, including Wellspring by Hong Kong’s New World Development, are offering special promotions exclusively for Hong Kong homebuyers following the opening of the new Huanggang Port, according to agents. “The number of property viewers from Hong Kong has risen by about 40 per cent compared to the period before the opening of the new Hu...

Alibaba Group Holding’s chip design unit T-Head has filed for an initial public offering (IPO) on a confidential basis in Hong Kong, the company said in a stock-exchange filing on Tuesday evening, setting up a high-profile listing in the city amid rising competition between the US and China as the latter continues its push for tech self-sufficiency. The size and structure of the...

Beijing and Ottawa are expanding their trade and business ties through a flurry of visits and exchanges, with Vice-Premier He Lifeng co-chairing a high-level economic dialogue in Canada and a group of top Canadian executives preparing for a trip to Shanghai and Shenzhen. He, China’s lead official on international trade, arrived in Vancouver on Monday for the second economic and ...

Citigroup CEO Jane Fraser has struck a confident and optimistic note that the US lender would become a leading investment bank in mainland China after it received approval to set up a wholly-owned securities firm in one of the world’s largest capital markets. Beijing’s supportive stance on foreign financial service firms as well as China’s strength in manufacturing and artificia...