61 h. ago Hong Kong manufacturers brace for higher costs as end of trade truce looms

A recent surge in Hong Kong’s exports masks a grim reality for frontline manufacturers, with some facing a sharp drop-off in new orders and bracing for renewed pressure on costs as a 90-day tariff truce between Washington and Beijing ends on Tuesday. Bryant Chan Wan-sing, president of toymaker the Wynnewood Corporation, said the sharp increase in orders during the truce was essentially a reinstatement of ones put on hold or cancelled when tariffs were introduced on US President Donald Trump’s...

Economics

6 d. ago Hong Kong stocks drop as US trade deals signal hurdles for China’s exports

Hong Kong stocks drop as US trade deals signal hurdles for China’s exports  South China Morning Post

Politics

9 d. ago Hong Kong stocks drop as China manufacturing shrinks, US trade deadline looms

Hong Kong stocks drop as China manufacturing shrinks, US trade deadline looms  South China Morning Post

Events

1 week ago Hong Kong should look to Africa, South America for new markets: trade body head

Hong Kong should develop new markets in Africa and South America as it faces obstacles in its traditional ones in Europe and North America, the head of the city’s trade promotion body has said. Trade Development Council chairman Frederick Ma Si-hang also said on Saturday that the city had to increase the size of its exhibition venues, noting that a “lack of space” was Hong Kong’s biggest disadvantage compared with different regions. Ma said that he expected Hong Kong’s exports in the second half...

Politics

1 week ago Beijing approves convention establishing global mediation organisation in Hong Kong

Beijing has approved the convention establishing the world’s first intergovernmental organisation on mediation in Hong Kong, while indicating it would not bring forth World Trade Organization (WTO) disputes to the new body. Observers said on Friday the move was an indication of Beijing’s support for the WTO and that it would still bring other disputes to the new organisation. The state-run Xinhua News Agency said the Standing Committee of the National People’s Congress had approved the...

Politics

2 w. ago Hong Kong’s strengths in bridging East and West amid trade war: finance chief

Hong Kong’s finance minister has dismissed concerns that foreigners are avoiding the city because of its strong connections to the mainland Chinese market amid the trade war, saying that investors are showing their confidence with their capital. At the “Summer Davos” forum on Wednesday, Financial Secretary Paul Chan Mo-po said Hong Kong’s strengths lay in giving investors priority access to the mainland market while helping businesses across the border to go global and diversify their supply...

Events

2 w. ago Hong Kong’s strengths lie in bridging East, West amid trade war: finance chief

Hong Kong’s finance minister has dismissed concerns that foreigners are avoiding the city because of its strong connections to the mainland Chinese market amid the trade war, saying that investors are showing their confidence with their capital. At the “Summer Davos” forum on Wednesday, Financial Secretary Paul Chan Mo-po said Hong Kong’s strengths lay in giving investors priority access to the mainland market while helping businesses across the border to go global and diversify their supply...

Events

2 w. ago Growing China trade prompts Hong Kong venture for Saudi cargo carrier

Saudia Cargo, the national air cargo carrier of Saudi Arabia, is tapping into diverse sectors in China and Asia, including e-commerce, agriculture and technology, through the launch of a new venture in Hong Kong and a planned capacity expansion. “China specifically, and the Far East in general, as a critical trade market to Saudi Arabia, will play a critical role in supporting Saudi Vision 2030 goals, and hence expanding our operations here just comes naturally,” CEO and managing director Loay...

Transport

2 w. ago Hong Kong subdivided flat owners ‘may pass on costs to tenants under new rules’

Owners of shoebox homes may pass on the extra costs of meeting proposed minimum standards to tenants or consider pulling out of the market, a trade group has said, with Hong Kong authorities pressing ahead with a regulatory regime to oversee the city’s notorious subdivided flats. Hayson Chan Hin-hay, chairman of the Hong Kong Basic Housing Units Operators Association, told a radio programme on Friday that certification costs alone for a flat subdivided into four units could be as high as...

Politics

2 w. ago Why critics of the Hong Kong dollar peg are getting it wrong

In financial markets, the Hong Kong dollar is known as a “widow-maker”, a ruinous trade that inflicts painful losses on successive generations of investors. While betting against Japanese government bonds has been the most notorious widow-maker trade, challenges to Hong Kong’s currency peg to the US dollar date back to the 1997-98 Asian financial crisis and continue to attract speculators even though the trade has yet to pay off. As recently as May 5, the Hong Kong dollar – which has been pegged...

Politics

2 w. ago Demise of Hong Kong dollar peg? Still the bet you shouldn’t take

In financial markets, the Hong Kong dollar is known as a “widow-maker”, a ruinous trade that inflicts painful losses on successive generations of investors. While betting against Japanese government bonds has been the most notorious widow-maker trade, challenges to Hong Kong’s currency peg to the US dollar date back to the 1997-98 Asian financial crisis and continue to attract speculators even though the trade has yet to pay off. As recently as May 5, the Hong Kong dollar – which has been pegged...

Politics

3 w. ago Hong Kong trade body plans 2026 conference to entice Gulf states

The Hong Kong Trade Development Council (HKTDC) plans to host a conference next year to foster collaboration with Gulf states, the body’s new head has said, adding that US President Donald Trump’s unpredictable policies could result in further changes to its export projections. Frederick Ma Si-hang, who took office on June 1, also said on Sunday that the council was exploring the feasibility of organising exhibitions at government venues to address an ongoing shortage of event spaces. On the...

Politics

4 w. ago Hong Kong medical device maker to expand China facility amid US, EU barriers

Vincent Medical Holdings, a Hong Kong-based medical device maker, has doubled down on manufacturing in China by investing in automation and digitalisation, instead of moving operations abroad amid rising trade barriers in the US and Europe. The maker of disposable radiology products and respiratory devices is building a factory in Kaiping in the western part of the Greater Bay Area, CEO Raymond Choi Cheung-tai said in an interview. Trial operations could start before the end of the year, he...

Politics

4 w. ago Tariff war ‘not the end of the world’ for Hong Kong companies: trade council chief

The US-China tariff war is “not the end of the world” for Hong Kong businesses, the new head of the city’s Trade Development Council has said, as he outlined strategies to help them capitalise on geopolitical uncertainties. Chairman Frederick Ma Si-hang, who took office on June 1, also said on Monday the council would explore setting up more offices in new markets and rebranding the Asian Financial Forum to include more industry elements. The council has 51 offices around the world, including...

Events

last month John Lee exclusive interview, Chinese rethink UK degrees: 5 weekend reads

We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to see more of our reporting, please consider subscribing. 1. ‘Don’t kill your successful DNA’: Hong Kong’s John Lee on tariffs, trade war 2. ‘It’s too much’: Chinese students reconsider UK degrees as policies harden 3. Loitering with intent: Beijing’s new silent South China Sea strategy? 4. Japan grows restless for next-gen fighter jets as progress with...

Politics

last month Hong Kong can support taxi sector by using levies to create fund: Uber executive

Hong Kong’s taxi trade and ride-hailing services can work together on the same platform, Uber’s global head of public policy has said, while suggesting that authorities look at how other jurisdictions have adapted and used levies to set up a fund to support cabbies. In an interview with the Post, Andrew Byrne said that Hong Kong could learn from Australia’s use of a A$1.2 (78 US cents) levy, initially set at A$1, on ride-hailing and taxi services to compensate cabbies impacted by the...

Politics