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For decades, Wall Street titans – from former Goldman Sachs chief Henry Paulson to Blackstone co-founder Stephen Schwarzman and Bridgewater founder Ray Dalio – were hailed as “old friends of China”, feted by senior officials and granted rare access to the country’s top leadership. Today, while American financiers continue to visit China and maintain commercial links, those priva...

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Hong Kong is tipped to see more luxury home sales with expatriates increasingly choosing the city as their retirement base, drawn to its low-tax environment as well as business opportunities, according to analysts. “A huge influx of expats who used to live in Hong Kong are moving back with a long-term view to retirement,” said Victoria Allan, founder and CEO of Habitat Property....

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Chinese carmakers, already at the vanguard of electric vehicle (EV) technology and production, are looking to make a dent in international marques’ full-hybrid vehicle stronghold as they continue to disrupt the global car industry’s pecking order. Major car builders including Geely Auto and Changan Automobile have reported impressive sales of hybrid electric vehicles (HEVs), lur...

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For years, brownfield sites in Hong Kong’s New Territories have hosted a range of businesses looking for cheap space – from storage depots to recycling centres to scrapyards. Now, the massive Northern Metropolis project is forcing many of these brownfield tenants to relocate, lifting demand for floor space in industrial estates across the city. The wave of relocations had driven...

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In the high-stakes battle for China’s top talent, domestic tech companies – especially in semiconductors and artificial intelligence – are rolling out aggressive equity incentive plans as they capitalise on a bull market to retain key personnel. Recent corporate filings revealed an unprecedented wave of stock grants, ranging from zero-cost share awards to near-blanket workforce ...

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