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Mia Castagnone
Reporter, Business
Born in Australia, Mia graduated from the University of Sydney with a Bachelor of Arts in Media and Communications and Chinese Studies. She previously worked at various local media including the Sydney Morning Herald, before joining the Post as a graduate trainee in 2021.
Chinese officials, speaking in Hong Kong, say they support the city as the bridge between the mainland and the rest of the world.
‘Sailing Through Changes’ is the theme of this year’s investment summit, with China stimulus and Trumponomics likely to be hotly debated.
The brand will introduce two new premium products, Daily Ultimate Essentials and Daily Ultimate Longevity.
More stimulus is needed as spending is still too low to achieve its growth target, co-CIO Prince says.
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The Tracker Fund has mirrored the Hang Seng Index’s returns since inception, giving investors an indirect bet on a basket of benchmark stocks.
Hang Seng Index falls to lowest point since September 25, erasing a policy-induced rally that had added as much as 27 per cent.
Sentiment suffers with prospect of tariffs, slower global growth, rising inflation and potentially fewer Fed rate cuts, say Nomura analysts.
‘We are working on this programme of localisation, trying to produce as much as we can, where we can in China,’ executive says.
The Italian fashion brand in the LVMH stable bets on a recovery in the next two years with a plan to open more mainland stores.
CIIE participants say Chinese consumers want high-quality milk and additive-free food products.
Almost 70 per cent of the businesses in Australia’s group represent the food and beverage sector.
At the China International Import Expo (CIIE), Li highlights the importance of opening up its market to trading partners.
Carriers adding more routes and economic uncertainty on the mainland will put pressure on airlines to cut prices, HSBC says.
Net profit for the June to September period handily beat analysts’ estimates of US$886 million.
Net profit rose 9 per cent to US$6.13 billion in the quarter that ended on September 30, exceeding market forecasts.
Any institution that wants to use AI ‘must formulate a governance strategy to provide direction on how [the] systems should be implemented,’ the government says.
What has happened is that Beijing has activated the ‘policy put’, or whatever it takes to rescue the market, Goldman says.
Shares of Beijing-based tech firm changed hands at HK$5.12 when trading began, versus the IPO price of HK$3.99.
Colin Bell, who oversees Europe, and Stephen Moss, who leads the Middle East and North Africa region, will depart on December 31.
Trading under the code 2460, CR Beverage closed the day 14.6 per cent higher at HK$16.62 from its IPO price of HK$14.50.
China’s financial reforms will open up opportunities for foreign players in the vast and growing market, Ge Haijiao says.
Appliance maker looks at Saudi Arabia, Brazil and Africa as it aims to expand its international sales network by a third.
The IPO gives the water-bottling company a market capitalisation of about US$4.4 billion before its debut on Wednesday.
A surge in Chinese stocks has sapped the market’s upside potential over the next six months, a Bank of America survey showed.
China’s second-largest bottled water firm plans to sell 347.8 million shares at HK$14.50 each.
SMEs based in Hong Kong and the Greater Bay Area are banking on Chief Executive John Lee to deliver more support measures in his policy address.
The bourse operator is enhancing its systems to create a clearing and settlement platform that will make the market T+1 ready by end of 2025.
Quantitative easing and a slew of economic stimulus measures from Beijing have increased buyer confidence, agents say.
Rising incomes in Hong Kong are not easing financial stress, with 25 per cent of people unable to pay bills fully.
