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SCMP Exclusives

SCMP Exclusives
The latest news, analysis and opinion on SCMP Exclusives. In-depth analysis, industry insights and expert opinion.
last updated:
9 September, 2024
Ivonne Higuero, secretary general of the Convention on International Trade in Endangered Species of Wild Fauna and Flora, recently visited Hong Kong. Photo: Dickson Lee
Hong Kong environmental issues

Exclusive | Rapid test to give Hong Kong officials new weapon to fight shark fin trade

PCR-based method to allow law enforcement to identify shark species in hours as opposed to previous DNA tests that took days, UN official and local authorities say.

International Property

Exclusive | Rosewood Hotel Group targets Chinese travellers in Middle-East expansion

Macau

Exclusive | Wynn Macau calls for easier travel process with Hong Kong to lift tourism

Electric & new energy vehicles

Exclusive | China’s EV champion Geely bets on tech edge to expand in Asia, EU

In an interview with the Post, Geely CEO Gui Shengyue discusses the company’s overseas strategy and EU tariffs.

Geely’s Robocar Jiyue 01 is displayed at the Beijing Auto Show on April 29, 2024. Photo: AFP
China’s Communist Party

Exclusive | China is recruiting embassy staff with a focus on electric vehicles, source says

Hundreds of candidates said to have sat exam testing their knowledge of Communist Party ideology and the EV sector.

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Banking & finance

Exclusive | China-UAE ties evolve as Gulf nation acts as global ‘superconnector’

China’s growing heft in innovative industries is driving partnerships with the UAE, HSBC’s country head says.

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Alibaba

Exclusive | Alibaba to sell department store Intime to focus on core e-commerce, sources say

The reported Intime sale is part of Alibaba’s broader efforts to restructure its business and refocus on its e-commerce and cloud businesses.

Alibaba has been adjusting its sprawling e-commerce empire to refocus on core businesses. Photo: Shutterstock Images
Banking & finance

Exclusive | Hong Kong’s potential as commodities hub draws expansion by Marex Group

The establishment of London Metal Exchange warehouses in Hong Kong will be a key enabler, Marex CEO says.

Hong Kong sports

Exclusive | Getting past poker: Sands China drives Macau to diversify economy

Xi Jinping to visit Macau for 25th anniversary of handover as Sands China unveils non-gaming strategy.

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Hong Kong economy

Exclusive | New design to bring decades-old wall in Hong Kong’s State Theatre to light

‘This project could help retain the character of the city and will be a cultural quarter,’ architectural firm director says.

A revived State Theatre is expected to open its doors in 2026. Photo: Felix Wong
Banking & finance

Exclusive | Abu Dhabi Global Market plans China roadshow to boost financial ties

Planned trip in February will stop in Beijing, Shanghai, Shenzhen and Hong Kong amid ‘overwhelming interest’ in the UAE financial centre.

A view of Abu Dhabi, United Arab Emirates. Photo: Reuters
China-France relations

Exclusive | Macron plans China visit amid talk of Beijing helping end Ukraine war

Senior adviser to French leader said to have travelled to Beijing to lay groundwork for 2025 trip as Europeans push for China to sway Russia.

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Semiconductors

Exclusive | US to cap countries’ advanced chip access, with China in sights: sources

In a second escalation of chip restrictions this month, the US is planning to close sourcing loopholes through third-party countries, sources say.

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Cathay Pacific

Exclusive | Hong Kong’s Cathay reaches 3,400 pilots this year, with resignation rate of 2.9%

Company is ‘in a phase of record training’, spokesman says.

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Cathay Group says it has hit its hiring target this year. Photo: Eugene Lee
Hong Kong economy

Exclusive | Deepening Hong Kong, Iran ties show US curbs have ‘lost their potency’: envoy

Ambassador Mohsen Bakhtiar says measures have been taken to overcome sanctions restricting Iranian firms from accessing services in the city.

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Mohsen Bakhtiar, the Iranian ambassador to China, has called for more exchanges between his country and Hong Kong. Photo: Dickson Lee
Art

Exclusive | Hong Kong art photography fair cancelled months before its debut

Photofairs Hong Kong, slated for March 2025, scrapped by UK-based organiser because of unspecified ‘logistical constraints’.

E-commerce

Exclusive | China’s Meituan to expand Keeta food delivery service to more Middle East cities

Wang Xing, founder and CEO of Meituan, said last week that the company has seen some ‘encouraging results’ in Saudi Arabia.

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IPO

Exclusive | Tencent-backed WeDoctor revives Hong Kong IPO plan, sources say

Healthcare platform plans to submit IPO application by end-December and complete fundraising of as much as US$500 million by June.

WeDoctor is a Hangzhou-based online healthcare platform. Photo: Handout
Hong Kong society

Exclusive | Hong Kong-based head of insurer calls for better policies for people with autism

Damien Green of Manulife Financial Asia earlier criticised his employer’s ‘clinically dumb’ underwriting policies for people with autism.

Banking & finance

Exclusive | French bank Credit Agricole CIB backs Hong Kong as Asian hub amid trade war

Bank has strong capability in yuan trading, green finance and infrastructure development, CEO Xavier Musca says.

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China-EU relations

Exclusive | Call from European Parliament to cancel Hong Kong’s customs status

Lawmakers will vote on a resolution that includes proposal for ‘targeted sanctions’ on city’s leaders.

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The European Parliament will vote on a resolution to review the status of Hong Kong’s trade office in the EU. Photo: AFP
TikTok

Exclusive | TikTok Shop expands to Spain, Ireland amid global e-commerce push

The short-video app and its owner ByteDance is under pressure to search for new revenue sources amid slowing growth.

TikTok Shop is pushing into Spain and Ireland as soon as December, according to several merchants. Photo: AP Photo
Banking & finance

Exclusive | HSBC to feature ex-ECB president Draghi and Ark Investment’s Wood at summit

Global Investment Summit will run from March 25 to 27 next year.

Hong Kong economy

Exclusive | Hong Kong airport boosts efforts to lure foreign airlines as it waits on Cathay

Airport Authority is doing all it can to fill extra capacity created by soon-to-debut three-runway system, acting CEO Vivian Cheung says.

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Hong Kong economy

Exclusive | Hong Kong studio to draw on panda economy with new character IP

AllRightsReserved says IP for pandas will be made freely available to Ocean Park and city government, but others will have to pay for rights.

Creative studio AllRightsReserved has designed a suite of characters based on Hong Kong’s six pandas. Photo: AllRightsReserved
Hong Kong economy

Exclusive | ‘Sense of crisis’ fuels Hong Kong airport’s bid to be competitive ‘landmark’

Airport City will become destination drawing tourists and investors to Hong Kong, acting CEO of Airport Authority says.

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The new HK$141.5 billion three-runway system is launching on Thursday. Photo: Sam Tsang
Banking & finance

Exclusive | Citigroup’s Jane Fraser on Hong Kong’s enduring charm and strategic role

A potential trade war will not alter the US bank’s expansion plans in Asia, or Hong Kong’s importance, Fraser says in an exclusive interview.

Hong Kong economy

Exclusive | Hong Kong can unlock Zimbabwe’s mining potential as an investment platform: envoy

Consul General Ellias Mutamba adds his main task is raising awareness of his country, while playing down concerns about instability.

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