1 hour ago BYD and Tesla set to lose most from Mexico's proposed tariffs on China

BYD and Tesla set to lose most from Mexico's proposed tariffs on China  Reuters

Politics

6 h. ago US farmers to visit China officials, import expo as trade tensions linger

The US government is set to dispatch a group of American growers and exporters of agricultural products to China in the coming fall for exchanges with Chinese officials in Beijing, followed by a high-profile presence at a key import fair in Shanghai. This will mark the third year that the US Department of Agriculture has organised an annual trip to China, the largest overseas market for American farmers. But this year’s journey, likely in November, will take on extra significance and urgency, as...

Politics

6 h. ago Armani’s will sets stage for sale of fashion empire, in surprise twist

Late designer Giorgio Armani instructed heirs to gradually sell the fashion house he created 50 years ago or seek a market listing, his will said, setting off a race to control one of the world’s best-known brands and a major shift for a company highly protective of its independence and Italian roots. The designer, known in the industry as “King Giorgio”, died on September 4, at 91 and with no children to inherit his fashion empire, which industry analysts value at between €5 billion and €12...

Politics

6 h. ago Armani’s will sets the stage for the sale of his fashion empire in a surprise twist

Late designer Giorgio Armani instructed heirs to gradually sell the revolutionary fashion house he created 50 years ago or seek a market listing, his will said, setting off a race to control one of the world’s best-known brands and a major shift for a company highly protective of its independence and Italian roots. The designer, known in the industry as “King Giorgio”, died on September 4 at 91 with no children to inherit his fashion empire, which industry analysts value at between €5 billion...

Politics

9 h. ago How Apple’s grip on China slipped – and what it means for other multinationals

Apple’s launch season has arrived, an occasion once treated like a festival in China and hailed by enthusiasts as the “Spring Festival Gala of the tech world”. Tan Hui used to be one of the devoted, closely following every iPhone launch and going all out to secure the latest model. At times, she would even fly two and a half hours from her home in Sichuan province to Hong Kong – where new models sometimes went on sale earlier than on the mainland – to ensure she was one of the first to get her...

Politics

10 h. ago Hong Kong’s John Lee tipped to relaunch public housing sale scheme for tenants

Hong Kong’s leader is expected to relaunch a scheme allowing public flat tenants to buy their homes as part of his policy address, but observers have raised concerns about settling property management disputes and called for a review of the subsidised housing regime. Insiders told the Post on Friday that Chief Executive John Lee Ka-chiu’s coming policy blueprint would include a proposal to restart the Tenants Purchase Scheme, a measure that was active from 1998 to 2006 and allowed tenants at 39...

Economics

10 h. ago Disney Cruise delay in Singapore leaves Hong Kong passengers frustrated, in limbo

Hong Kong passengers are left in limbo and disappointed after shipbuilding issues forced the maiden voyage of Disney’s latest cruise ship in Singapore to be delayed, with some struggling to manage pre-booked flights and hotel rooms. Disney Adventure, a new cruise ship still being built and operated by Disney Cruise Line, was originally set to launch on its maiden voyage from Singapore, its home port, in December 2025. But some passengers said they had received an email in recent days telling...

Politics

11 h. ago South Africa courts China’s carmakers to set up manufacturing bases

South Africa courts China’s carmakers to set up manufacturing bases  Semafor

Events

11 h. ago US church suing HKIS sold 3 Hong Kong properties in 2019 to pay debts

A US-based church suing the Hong Kong International School (HKIS) for breaching an operating agreement sold three properties in the city for a combined US$22 million in 2019 to pay its debts, according to its official media platform. The move prompted Hong Kong’s Lutheran church to suspend its partnership with the Lutheran Council–Missouri Synod (LCMS) that year, with the local group saying at the time that the sale had gone against donors’ wishes and it reserved the right to take legal...

Economics

12 h. ago China tipped to boost routine patrols after Scarborough nature reserve is set up

Beijing is likely to boost its routine patrol presence near Scarborough Shoal after setting up its planned nature reserve in the disputed waters, according to observers in China. Zhang Yancang, director of the Yellow Sea and Bohai Sea Research Institute at Dalian Maritime University, said this would mean daily patrols not only by coastguard vessels but also aircraft, drones and even uncrewed boats. “Unlike previous patrols, the patrols from now on will focus more on being routine and regular,”...

Politics

13 h. ago Overseas university students to be among 6,000 riders in Hong Kong’s Cyclothon

University students from mainland China and overseas will be among the 6,000 riders invited to join Hong Kong’s annual Cyclothon, which is returning in November. “The Hong Kong Cyclothon is a prime example of our city’s growing importance on the global sports stage,” said Tourism Board Chairman Peter Lam Kin-ngok on Friday. “It offers a unique cycling experience that showcases our ability to blend sport with tourism.” Registration for the Sun Hung Kai Properties Hong Kong Cyclothon will open on...

Politics

13 h. ago 361 Degrees pioneers digital payments under Hong Kong’s new regime

One of China’s biggest sportswear makers, 361 Degrees International, said it will adopt stablecoin payment and settlement for its overseas operations, becoming one of the first mainland retailers to make such a move as it seeks overseas expansion. The Xiamen-based company said in a Hong Kong stock exchange filing on Thursday that it planned to use stablecoins in transactions outside mainland China, covering offline stores, e-commerce sales, supply chain services and digital ecosystem...

Politics

13 h. ago 361 Degrees pioneers stablecoin payments in overseas businesses

One of China’s biggest sportswear makers, 361 Degrees International, said it will adopt stablecoin payment and settlement for its overseas operations, becoming one of the first mainland retailers to make such a move as it seeks overseas expansion. The Xiamen-based company said in a Hong Kong stock exchange filing on Thursday that it planned to use stablecoins in transactions outside mainland China, covering offline stores, e-commerce sales, supply chain services and digital ecosystem...

Economics

14 h. ago Church’s bid to replace HKIS with new school put on hold by Education Bureau

Hong Kong education authorities will not process “at this stage” an application by a US-based church to set up a new international school to replace a top institution being sued for allegedly only serving the “rich”, due to the ongoing legal proceedings. The Education Bureau on Friday told the Post that it had already received the application from the Lutheran Church–Missouri Synod (LCMS) to establish a new school. The church has threatened to evict Hong Kong International School (HKIS), which...

Politics

16 h. ago Outlook clears for Hong Kong property with rate cuts imminent: JPMorgan

The worst seems to be over for Hong Kong’s property sector, with more investors likely to snap up distressed assets in the coming months and home sales set to continue improving as the market anticipates faster interest-rate cuts, according to a JPMorgan researcher. The city’s real estate industry had been battered, with several listed property developers seeking to renegotiate the terms of loans, said Karl Chan, head of Hong Kong property research at the US investment bank. However, there was...

Politics

17 h. ago China set to accelerate crude stockpiling through 2026, Goldman says

China set to accelerate crude stockpiling through 2026, Goldman says  Investing.com

Politics

17 h. ago China’s C909 jet, Apple’s iPhone Air, Hong Kong’s talent ranking: 7 highlights

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. China’s aircraft maker Comac wins one of its biggest overseas orders for C909 jets Chinese-made aircraft are set to spread their wings further in Southeast Asia after Air Cambodia announced what could become the largest ever overseas...

Politics

17 h. ago US church sues Hong Kong school, iPhone Air hits snag in China: 7 highlights

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. China’s aircraft maker Comac wins one of its biggest overseas orders for C909 jets Chinese-made aircraft are set to spread their wings further in Southeast Asia after Air Cambodia announced what could become the largest ever overseas...

Events

20 h. ago Aussie Set to Climb Further on Rates Divergence, China Stimulus

Aussie Set to Climb Further on Rates Divergence, China Stimulus  Bloomberg.com

Politics

23 h. ago How will Hong Kong’s John Lee strike middle ground in policy address?

With Hong Kong leader John Lee set to deliver his annual policy address on September 17, the Post examines key topics the chief executive is expected to focus on, including a mega infrastructure project near the border, new economic drivers and livelihood issues. In the sixth of a seven-part series, Cannix Yau examines the economic challenges and political expectations to be addressed in Lee’s second last policy blueprint of his term. Chief Executive John Lee Ka-chiu will have to confront a...

Events