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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
Macau’s first locally registered money market fund will soon be offered to mainland investors via the Wealth Management Connect scheme. Photo: Eugene Lee
Wealth management

Exclusive | Macau’s first local mutual fund targets mainland investors via connect scheme

A&P Macau Patacas Money Market Fund will soon be offered to mainlanders in the Greater Bay Area.

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Hong Kong society

Exclusive | Ticket sales for Cristiano Ronaldo’s Hong Kong museum start on February 5

World Snooker

Exclusive | Snooker CEO’s Crucible hint, calls Hong Kong ‘icing on cake’ of global expansion

Hong Kong healthcare and hospitals

Exclusive | Hong Kong plans to ban vaping, possessing e-cigarette cartridges in public: source

Move is first of two-phase citywide ban on alternative smoking and flavoured tobacco products, insider says.

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E-cigarettes cartridges have become the subject of mounting public scrutiny in recent months over their use to conceal a new drug dubbed “space oil”. Photo: Nora Tam
TikTok

Exclusive | Art of the TikTok deal: China softening to potential app sale, sources say

Beijing could be more open to ByteDance selling some shares to American investors to improve US relations, sources and analysts say.

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Macau

Wynn looks to Vegas to help revamp Macau’s US$28 billion casino economy

Macau seeks to source 60 per cent of its revenues from non-gaming sectors by 2028, from 20 per cent at present.

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Hong Kong economy

Exclusive | Pakistan minister eyes joint ventures, secondary listings in Hong Kong

Finance minister Muhammad Aurangzeb also says he wants to identify areas for closer collaboration with city.

Muhammad Aurangzeb, the Pakistani finance minister, is in Hong Kong for the Asian Financial Forum. Photo: Dickson Lee
Hong Kong politics

Exclusive | Former Hong Kong leader Carrie Lam’s office moving to government premises

Lam’s current office at One Pacific Place has been under scrutiny for costing taxpayers an estimated HK$9.17 million last year.

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The Football Association of Hong Kong, China

Exclusive | Hong Kong football chief outlines 2034 World Cup and Kai Tak plans in Post’s Q&A

Hong Kong FA chairman covers all the hot football topics, including Kai Tak’s potential, exodus to mainland China and youth development.

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The Football Association of Hong Kong, China

Exclusive | Hong Kong FA’s Fok open to legal football betting, vows to root out match-fixing

HKFA chairman says legal wagering will generate revenue for the sport, but accepts it is a sensitive issue amid bid to eradicate corruption.

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Eric Fok said the HKFA had to consider the overall impact of allowing gambling on society. Photo: Shutterstock
TSMC

Exclusive | TSMC cuts ties with Singapore firm over Huawei processor: sources

The world’s largest chip foundry ended its relationship with a Singapore-based firm after a client review.

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A TSMC logo seen at its headquarters in Hsinchu, Taiwan. Photo: AFP
Semiconductors

Exclusive | US may unveil new rules on China’s access to AI chips before Biden leaves office

The changes aim to control global shipments of powerful GPUs essential for training AI models by closing existing regulatory loopholes.

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Hong Kong transport

Exclusive | How Hong Kong’s MTR controllers keep 5 million daily commuters on track

Rail giant opens up its control room to media and talks about the daily life of controllers – and a taboo dim sum dish no one dares to eat.

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Crime in Hong Kong

Exclusive | Hong Kong to slap tobacco products with laser labels to root out contraband

Sources say authorities studying updating law to introduce new labelling system, which involves goods being marked with laser.

A pack of contraband cigarettes goes for between HK$20 and HK$30 on the black market. Photo: May Tse
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.

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
International Property

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

Hong Kong-based Rosewood Hotel Group was among the pioneering hoteliers to recognise the growing significance of the Middle East.

Macau

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

View echoes call by President Xi Jinping for both cities to ‘stay united and work for greater achievements’.

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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.

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.

A collection of 100-gram gold bars sits on a table. Photo: DPA
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.

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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French President Emmanuel Macron speaks at a press conference in Warsaw, Poland, on Thursday. Photo: Zuma Press Wire/dpa
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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