Chloe Maluleke|Published 1 hour ago Late last month in Dalian, at the World Economic Forum’s Annual Meeting of the New Champions, Premier Li Qiang used a phrase that has been circulating in policy circles ever since: China opportunity 2.0. He was pushing back against a more pessimistic label some Western commentators have started using, (China…
Hong Kong is uniquely positioned to add value to Beijing’s “China Opportunity 2.0” narrative, serving as a bridge and catalyst for the global expansion of mainland Chinese enterprises, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po also named the Northern Metropolis megaproject in his weekly blog on Sunday as a destination that…
Beijing’s recent investigation into three brokerages – Futu Securities, Tiger Brokers and Long Bridge – was partly driven by concerns over foreign exchange “leakage” and the need to protect mainland China’s vast base of retail investors, Hong Kong’s finance chief has said. At a closed-door C-suite round table organised by the South China Morning Post…
Hong Kong’s lawmaker for the sports sector has urged authorities to focus on ensuring fair access to AI rather than attempting to restrict its use, arguing that the technology has increasingly reshaped athlete development and competitions. Speaking at a World Economic Forum panel in mainland China’s Dalian on Tuesday, Kenneth Fok Kai-kong said that artificial…
Hong Kong developer Hang Lung Properties is pinning its medium-term outlook on a recovery in mainland Chinese consumption, even as it warned that both the city’s and China’s property markets remain under strain. The commercial landlord, residential developer and hotel owner said it expected a “tough slog” for the broader sector despite signs of improvement…
Fans flocked to catch the final leg of Blackpink’s world tour in Hong Kong, with shops reporting around a 30 per cent boost in business from concertgoers. Kai Tak Sports Park turned into a pink-dotted sea of fans on Saturday, as attendees in matching outfits or waving the band’s signature lightsticks filled the venue and…
China’s drive for economic self-reliance is raising the spirits and prospects of its semiconductor industry, as insiders expect more home-grown technologies after Washington revoked waivers for some foreign-owned chipmakers’ factories in China to use US technologies in their operations. The Chinese branches of South Korean chipmakers Samsung and SK Hynix, as well as Intel Semiconductor…