3 d. ago Why Hong Kong universities are heading north for mainland Chinese collaborations

Last month, the first university jointly established by Hong Kong and the Chinese mainland, Beijing Normal-Hong Kong Baptist University (BNBU), celebrated its 20th birthday. When the mainland opened up its education sector in 2003 with its new Regulations on Sino-Foreign Cooperation in Running Schools, Baptist University was the only Hong Kong university that took the political, academic and administrative leap into the new territory. Amid waves of doubt and criticism, BNBU, then known as United...

Politics

4 d. ago Changan Auto becomes latest Chinese carmaker to join humanoid robot bandwagon

Chinese carmakers, which are increasingly deploying robots in factories, are now moving into humanoid robotics following US rival Tesla despite a warning from Beijing about a potential investment bubble. State-owned Changan Automobile has become the latest entrant into the sector. The Shenzhen-listed company planned to invest 225 million yuan (US$31.8 million) for a 50 per cent stake in Changan Tianshu Intelligent Robotics Technology, according to an exchange filing on Friday. The company...

Politics

4 d. ago Mainland Chinese miner Zijin’s founder who built US$100 billion firm retires

Mainland Chinese miner Zijin’s founder who built US$100 billion firm retires  South China Morning Post

Economics

5 d. ago Does tokenisation in China risk a repeat of the P2P lending crisis?

The rapid rise of tokenisation risks repeating China’s earlier boom-and-bust cycle in peer-to-peer lending unless clear industry standards are established to ensure discipline and innovation, according to a senior Chinese asset manager. Some multilevel marketing companies in mainland China have already started holding meetings discussing real-world asset (RWA) tokenisation projects over the past year, raising “genuine concerns” that the nascent industry might be heading towards a...

Events

8 d. ago Chinese EV makers step on gas abroad amid weakening mainland sales

Chinese electric vehicle (EV) builders are increasingly shipping their cars abroad to spur international sales ahead of an expected downturn in their home market, analysts say, as Beijing phases out incentives such as tax holidays and cash subsidies. The carmakers, which can enjoy a net margin of 20,000 yuan (US$706) per vehicle by selling their cars outside mainland China, are rolling out more models and pushing into untapped territories to chase high profitability. Stellantis-backed Leapmotor,...

Politics

8 d. ago HK finance chief seeks to attract Italian company listings on stock exchange

Hong Kong’s finance chief courted Italian companies on Thursday to go public on the city’s stock exchange, which would allow them to tap into mainland Chinese liquidity and solidify their presence in Asia. Addressing the Trade Development Council’s “Think Business, Think Hong Kong” symposium in Milan, Financial Secretary Paul Chan Mo-po highlighted the deepening ties between Hong Kong and Italy, noting their shared passion for creativity and enterprise and “flourishing” bilateral trade worth...

Politics

8 d. ago Hong Kong’s finance chief seeks to attract Italian company listings on HKEX

Hong Kong’s finance chief courted Italian companies on Thursday to go public on the city’s stock exchange, which would allow them to tap into mainland Chinese liquidity and solidify their presence in Asia. Addressing the Trade Development Council’s “Think Business, Think Hong Kong” symposium in Milan, Financial Secretary Paul Chan Mo-po highlighted the deepening ties between Hong Kong and Italy, noting their shared passion for creativity and enterprise and “flourishing” bilateral trade worth...

Politics

8 d. ago Why Beijing is unlikely to ease up on Japan over Takaichi’s Taiwan comments

The diplomatic crisis over Japanese Prime Minister Sanae Takaichi’s comments about Taiwan shows no sign of easing after two weeks, with mainland Chinese commentators predicting Beijing will continue to push for a retraction. However, that demand appears unlikely to be met in the short term, and one diplomatic analyst warned that the pressure tactics should aim to avoid a nationalist backlash within Japan and win support for Beijing’s position. The Chinese foreign ministry and state media stepped...

Politics

8 d. ago Chinese man marries woman 4 hours after blind date, spends US$34,000 in a month

A 40-year-old man has stunned mainland Chinese social media by marrying just four hours after a blind date arranged by multiple matchmakers, subsequently depleting his entire savings of over 240,000 yuan (US$34,000) within a month of marriage. Huang Zhongcheng, hailing from Hengyang in Hunan province, southern China, went on a blind date on the morning of August 21. During the matchmaking process, nine different matchmakers introduced him to the same woman, who works in a beauty salon. “On the...

Economics

1 week ago Hong Kong should draw foreign filmmakers to shoot in city: election candidate

Hong Kong authorities should offer more incentives to attract foreign filmmakers to shoot in the city and create fresh job opportunities for the local industry, the incumbent lawmaker of the sector has said as he seeks another term. Kenneth Fok Kai-kong, who represents the sports, performing arts, culture and publication sector in the legislature, on Monday also called on the government task force that helps mainland Chinese enterprises go abroad to help local performing arts groups Fok made the...

Politics

1 week ago Hong Kong Medical Council overturns decision to end inquiry into alleged blunder

Hong Kong’s embattled Medical Council has overturned its earlier decision to terminate an inquiry, delayed for 15 years, into a paediatrician accused of a blunder that left a mainland Chinese boy permanently disabled. The council decided on Saturday to revoke its previous ruling made on October 28 to permanently stay the proceedings of the disciplinary inquiry into Dr Sit Sou-chi following a 4½-hour review hearing. Council chairwoman Dr Grace Tang Wai-king announced the decision at the end of...

Politics

1 week ago Siobhan Haughey dives in as Hong Kong Victoria Harbour race seeks expanded entry

Organisers of the Hong Kong Victoria Harbour Race are considering recruiting mainland Chinese lifeguards to increase the participant limit to beyond 10,000 after more than 3,700 swimmers, including National Games medallist Siobhan Haughey, joined Saturday’s annual event. Hong Kong China Swimming Association President Ronnie Wong Man-chiu told the media after the event that the key factors in raising the quota were the number of available lifeguards and the amount of time competitors spend in the...

Politics

1 week ago Siobhan Haughey dives in as Hong Kong Victoria Harbour race seeks more swimmers

Organisers of the Hong Kong Victoria Harbour Race are considering recruiting mainland Chinese lifeguards to increase the participant limit to beyond 10,000 after more than 3,700 swimmers, including National Games medallist Siobhan Haughey, joined Saturday’s annual event. Hong Kong China Swimming Association President Ronnie Wong Man-chiu told the media after the event that the key factors in raising the quota were the number of available lifeguards and the amount of time competitors spend in the...

Politics

1 week ago Director Andrew Lau talks about National Games opening ceremony

Acclaimed Hong Kong filmmaker Andrew Lau Wai-keung, chief director of the National Games opening ceremony in Guangzhou on November 9, has revealed the event was designed not just for mainland viewers, but as a heartfelt showcase of Chinese culture and unity for the global Chinese diaspora, many of whom were grappling with their own post-1997 stories. Lau is famous for directing classic Hong Kong films such as the Infernal Affairs trilogy, Legend of the Fist, the Young and Dangerous series and...

Politics

1 week ago Hong Kong director Andrew Lau talks about National Games opening ceremony

Acclaimed Hong Kong filmmaker Andrew Lau Wai-keung, chief director of the National Games opening ceremony in Guangzhou on November 9, has revealed the event was designed not just for mainland viewers, but as a heartfelt showcase of Chinese culture and unity for the global Chinese diaspora, many of whom were grappling with their own post-1997 stories. Lau is famous for directing classic Hong Kong films such as the Infernal Affairs trilogy, Legend of the Fist, the Young and Dangerous series and...

Politics

2 w. ago US$44 million sale of Hong Kong luxury home linked to mainland Chinese investor

A buyer bearing the same name as veteran investor Xu Liusheng is the latest owner of a luxury home in Hong Kong after acquiring a HK$342 million (US$43.9 million) unit in the affluent Southern district, with the transaction adding to a growing list of prime assets being snapped up following years of falling prices. The buyer shares the name of the owner of Shenzhen Kaifu Investment, who is known for acquiring shares in public companies in mainland China. Shenzhen Kaifu was recently deregistered,...

Economics

2 w. ago Air China Cargo becomes first Chinese mainland customer for A350F

Air China Cargo becomes first Chinese mainland customer for A350F  Aviation Business News

Economics

2 w. ago Hong Kong receives 41 million visitors in first 10 months of 2025, a 12% jump

Hong Kong has recorded a 12 per cent year-on-year increase in tourist arrivals for the first 10 months of 2025, with around 41 million people visiting the city between January and October, according to the Tourism Board. The city welcomed 9.62 million foreign tourists in that period, marking a 16 per cent year-on-year increase in non-mainland Chinese visitors, the board revealed on Monday. The 31.44 million mainland tourists, accounting for 76.6 per cent of total visitors, marked an 11 per cent...

Politics

2 w. ago Hong Kong’s push for yuan usage to serve as ‘catalyst’ for corporate adoption

Hong Kong’s push for yuan globalisation is a powerful catalyst that will prompt more companies to use the currency for invoicing and bill settlement with mainland Chinese partners and fuel demand for renminbi treasury products, according to industry leaders. Some of the city’s finance sector experts also hailed a series of recent government moves, such as taking the lead in settling mainland bills in yuan and issuing more renminbi bonds, as a “milestone” and the “biggest steps” in recent...

Politics

2 w. ago ‘Devastating’ losses: scammers targeting mainland Chinese students in Hong Kong

Mainland Chinese student Zhang Li* was devastated after losing 200,000 yuan (US$25,734) in a phone scam in Hong Kong. The 24-year-old said she received a call last September, shortly after arriving in the city to pursue a master’s degree at the Chinese University of Hong Kong. The caller initially claimed to be from the Immigration Department. Her call was then transferred to another person posing as a mainland law enforcement officer after she explained that she did not speak Cantonese. She was...

Events