Unhappy drivers in China’s fast growing car-hailing industry
China’s car-hailing business is thriving, but a growing number of drivers on these platforms are complaining about bad business and low returns. “I work for more than ten hours a day and earn about 400...
View ArticleWhat’s driving China’s e-vehicle subsidy fraud
Being able to sell what you make at a high margin is considered good business but some phony Chinese makers have discovered a better business model — fake production and sales in exchange for...
View ArticleWhy business owners are going into property speculation
It’s often hard to gauge whether some of China’s economic troubles are going away or getting worse based on mainland media reports. On one hand, there have been headlines about how the profitability of...
View ArticleWhy China equities are going nowhere
If you were to go to the webpage of the Shanghai Stock Exchange and walk away for an hour, you would find that the benchmark index hardly moved at all. Despite a strong start after the National Day...
View ArticleIt would be foolish to even try the Warren Buffett way
Be highly selective, buy great companies and buy them at reasonable prices. That is Warren Buffett’s secret of success and advice to investors. Sounds simple and straightforward enough. But a recent...
View ArticleYuan drop spurs mainland rush for Hong Kong insurance policies
How long does it take to swipe a card 200 times and get the paperwork all signed? The answer is about an hour, according the China Securities Daily. But Hong Kong insurance agents are more than happy...
View ArticleWhy a weak renminbi is having limited impact on HK equities
Last year when Beijing suddenly devalued the renminbi, concerns over the prospects of the Chinese currency sparked a massive selloff in the Hong Kong stock market and sent ripples to overseas equities...
View ArticleWhy China’s blue-collar workers should be worried
Take a look at the one of KUKA’s latest videos promoting its small robot series and you will be amazed at how good they have become. The machine highlights its two killer features — extreme speed and...
View ArticleWhy cinema will see blockbuster growth in China in next 10 years
Dalian Wanda founder Wang Jianlin is known for his bullish outlook on China’s entertainment industry. In his Hong Kong Economic Journal column, he gave a couple of reasons why the outlook is more than...
View ArticleHow Yuexiu Transport plans to boost toll income and earnings
In China, most of the toll road projects have a maximum concession of only 30 years. To sustain profitability and pave the way for future growth, toll road companies need to plough back part of their...
View ArticleChina insurer targets suffer quick reversal on policy concerns
Baoneng Group was rarely in the media spotlight in China in the past. But all that changed a year ago when the mainland firm launched a hostile takeover bid for top developer Vanke (000002.CN) through...
View ArticleHow a toll road rule spurs demand for trucks
Following a sustained period of slow demand, sales of trucks in China have begun to pick up since February and maintained a year-on-year growth track over the past eight months, thanks to the...
View ArticleChina money powers HK equities rally
The Hong Kong market’s recent gains were powered by a sudden influx of money from China, as some entities which built up reserves for potential overseas M&A deals decided to channel the funds into...
View ArticleHow to foster fintech development in Hong Kong
Since the government put emphasis on the development of financial technology in the 2015 budget, fintech’s importance has become more widely recognized, Simon Loong, Welab chief executive and...
View ArticleFinancial Secretary Paul Chan sees slight pickup of GDP growth
After a weak start, Hong Kong’s economy gradually improved over the course of 2016 and eventually closed the year with a 1.7 percent gross domestic product growth. On the back of the recovering trend,...
View ArticleCan high popularity save the day for John Tsang?
Chief executive candidate John Tsang is preparing for a rally in Central as he winds up a hard-fought campaign ahead of Sunday’s election, when 1,194 members of the Election Committee will anoint Hong...
View ArticleHow Hong Kong’s CE election works
Hong Kong’s chief executive election is held every five years. Under the city’s electoral system, only members of a select Election Committee can vote for the chief executive. The committee has grown...
View ArticleCarrie Lam set to win CE election
Carrie Lam Cheng Yuet-ngor won election Sunday to become the next chief executive of Hong Kong, according to an unofficial media count. Lam had secured 771 votes as of 12.40 p.m., according to multiple...
View ArticleLam wins by a wide margin
Capturing about 67 percent of the vote, Carrie Lam Cheng Yuet-ngor won the election Sunday to become the first female chief executive of Hong Kong. An Election Committee comprising about 1,200 members...
View ArticleLam vows to boost tech sector, raise spending on R&D
Chief Executive Carrie Lam on Wednesday outlined the need to diversify Hong Kong’s economic structure and devote more resources to nurturing innovation and technology industries. Although the economy...
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