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Money Matters

Money Machine Part 1: When Mao’s former barefoot doctor helped a US fund buy a Chinese state bank

‘I’m my own hero’: independent women fuel China’s booming ‘she economy’

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Chinese stocks face potential sell-off on growth, stimulus setbacks

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Sri Lanka aims to tax road accidents in a drastic austerity budget

Nation’s roads among world’s most dangerous with around 3,000 fatalities and 25,000 seriously injured each year.

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Sri Lankan soldiers receive their booster dose against Covid-19 at a military hospital in Colombo. The nation’s economy shrank a record 3.6 per cent in 2020 because of the pandemic. Now the government has announced a tax on car accidents to help claw some money back. Photo: EPA-EFE

Allowing Chinese to invest more abroad seen as way to ease economic slowdown

Liberalising China’s markets could help generate greater returns for citizens via overseas investments, according to a former official in charge of international payments.

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Borrower hit with 72 per cent service charge on US$32,000 loan

Intermediary said a loan had been arranged but a service fee of HK$180,000 would be charged, leaving just HK$70,000 for the borrower.

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Billionaire shocks 400 college graduates with promise to pay off their student debt

Billionaire investor and philanthropist Robert Smith was giving the commencement speech at Morehouse College in Atlanta when he deviated from his prepared remarks to make a special announcement.

Graduates react after hearing billionaire technology investor and philanthropist Robert F. Smith say he will provide grants to wipe out the student debt of the entire 2019 graduating class at Morehouse College in Atlanta, Sunday, May 19, 2019. (Steve Schaefer/Atlanta Journal-Constitution via AP)

Russia and China band together to ‘reduce world’s reliance on US dollars’

Billionaires are richer than ever before, and China’s minting the most

Richest people on Earth increased their wealth by a fifth to US$8.9 trillion, says Swiss bank UBS

The Naked Truth | Love – what’s money got to do with it? Quite a lot, actually

Couples looking for romance should be clear what they want from a relationship: a lavish lifestyle, financial security or emotional riches. Some experts offer guidance.

Illustration: Marcelo Duhalde

Just a third of Hongkongers trust financial advisers, survey finds

Blowing Water | If you’re Chinese, being a ‘shameless’ savvy saver is likely to be in your DNA

The desire for a nest egg comes from a deep sense of responsibility to provide for one’s family and stash cash away for a rainy day, Luisa Tam explains

ICBC ordered by Fed to boost money-laundering safeguards

US central bank instructs Chinese lender to establish a system that properly assesses risks associated with products and customers, including ‘politically exposed persons’, at its New York branch

How Hongkongers rely on loan clubs and pawn shops for money

A look at the fascinating underground economies in use for centuries

Pawn shops have been popular in Hong Kong for decades for securing quick money. Photo: Dustin Shum

Money Matters | Is the baby step in Unicom’s mixed ownership worth cheering for?

Money Matters | Confessions of a market maker in Hong Kong’s penny stocks fiasco

Money Matters | Capitalism with Chinese characteristics is here to stay

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After China’s cash crunch, has ‘Mother PBOC’ spoiled her ‘kids’?

Four years ago this week, the overnight borrowing rate between banks in China surged to 30 per cent. Photo: Reuters

Money Matters | How the gravy train chugs along in China’s funding drought

Trust in an accountant speaks volumes of Beijing’s priorities

Money Matters | The identity of TVB’s true controller lays bare for all to see

Exterior of TVB City in Tseung Kwan O. Photo: SCMP

Money Matters | Xi is picking his battles, and letting old power brokers be, for now

Money Matters | Unicom’ mixed ownership sets China’s reforms backward

Money Matters | How a self-made Chinese tycoon becomes too big to fail

Analysis | The magic went out of Huishan’s wizardry

Holstein cows on a farm. Huishan Dairy is China’s largest operator of dairy farms, with as many as 200,000 dairy cattle.Photo: AFP

New | Roller coaster ride exposes weaknesses on Hong Kong’s GEM

The share price of Dadi Education Holdings fell then they traded for the first time in Hong Kong last month, seemingly breaking the long tradition of first-day bumper gains. The stock began a three-day surge last week in which it soared fivefold, and fell 31 per cent in two days. Photo: SCMP

Money Matters | A guide to the menagerie lurking in China’s corridors of power

Money Matters | Is Foresea the poster boy or scapegoat of Chinese insurance?

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Money Matters
Powerful, penetrating, weekly analysis that takes readers behind the headlines of major deals and market moves in Hong Kong and mainland China and gives them a fresh perspective on what is really going on.
last updated:
9 September, 2024
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