Venus Wu

Tencent & Alibaba chase remittances in battle for Southeast Asia

27 Sep 2018

JAKARTA/HONG KONG For Chinese tech giants Alibaba and Tencent, Southeast Asian domestic helpers in Hong Kong may prove key to their global ambitions in financial services.

UPDATE 2-Sun Hung Kai Properties FY profit rises, sees challenges for HK market

13 Sep 2018

* Warning of challenges comes as city braces for cooldown in housing prices (Recasts, adds contracted sales figures)

U.S. apple farmers afraid they will be hurt by U.S.-China trade battle

05 Sep 2018

NEW YORK/HONG KONG/BEIJING Apple farmers across the U.S. Northwest fear they will be the next victims of a U.S.-China trade war that left cherry growers in the same region with weak prices and having to scramble for alternative buyers because of prohibitive Chinese tariffs.

Hong Kong home prices hit another record but seen cooling as rates rise

31 Aug 2018

HONG KONG Hong Kong private home prices rose to another record in July, government data showed on Friday, but the prospect of rising interest rates was expected to cool one of the world's hottest property markets.

Hong Kong Foreign Correspondents' Club stands firm against Chinese pressure

06 Aug 2018

HONG KONG Hong Kong's Foreign Correspondents' Club resisted pressure from Chinese officials to cancel an event with an independence activist, provoking rebuke from the pro-Beijing establishment as it seeks to curb talks about independence in the city.

Hong Kong developer CK Asset's H1 net profit rises 65 pct

02 Aug 2018

HONG KONG, Aug 2 Hong Kong property developer CK Asset Holdings Ltd on Thursday reported a 65.3 percent rise in first-half net profit, thanks to steady income from newly acquired businesses and gains from commercial property sales.

Hong Kong home prices hit another record, but could face headwinds

31 Jul 2018

HONG KONG Hong Kong private home prices hit another record in June and climbed over 10 percent in 2018's first-half, government data showed, but analysts said potential interest rate hikes and trade disputes could crimp increases over the rest of the year.

Hundreds protest over Hong Kong's move to ban separatist political party

21 Jul 2018

HONG KONG Hundreds of Hong Kong pro-democracy protesters on Saturday rallied against the government's attempt to ban a political party, saying it dealt the most serious threat to the city's freedom of association since its return to Chinese rule.

Court sends former Hong Kong leader back to jail with reduced sentence

20 Jul 2018

HONG KONG Former Hong Kong leader Donald Tsang was sent back to jail on Friday following the dismissal of an appeal against a conviction for misconduct in public office, but with his sentence reduced from 20 months to 12 months.

In a first, Chinese-ruled Hong Kong moves to ban separatist group

17 Jul 2018

HONG KONG Hong Kong on Tuesday kick-started a process which could lead to a ban on a group that promotes secession from China, the first time since the former British colony's return to Chinese rule in 1997 it has sought to outlaw a political organisation.

World News

Hong Kong protest moves peacefully to mob-attack subway

A major bank warned on Wednesday that weeks of protests in Hong Kong could hit the economies of the Chinese-ruled city and mainland China itself as hundreds of demonstrators held a sit-in at the subway site of a midsummer mob attack.