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Yujing Liu
Reporter, Business
Yujing Liu is a business reporter with a passion for understanding and explaining the fascinating complexities of China’s economy and society. Originally from Beijing, she joined the Post in 2017 after graduating from the University of Hong Kong with a degree in politics and journalism.
China’s Foreign Investment Law is silent on the validity of variable interest entity or VIE corporate structure among overseas-listed Chinese firms, keeping the ‘existential threat’ evolving.
To skirt China’s restrictions on foreign investment in certain industries, many firms adopt a legally ambiguous corporate structure called a VIE.
The fines are a latest indication that Beijing was serious about reining in malpractice among China’s fast-growing internet giants.
China’s stock market is seeing the best winning momentum since mid-2015. Instead, the year-end party is clouded by Trump’s investing ban on blacklisted companies with ties to the Communist Chinese military.
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Demand for the latest Silver Bonds offering 3.5 per cent annual coupon has already exceeded that recorded for four previous issues, according to joint lead manager HSBC.
Tesla is launching its first supercharger station in Zhongshan with the hope of attracting a growing number of electric vehicle drivers in the Greater Bay Area.
Next Digital, which owns the Apple Daily newspaper, is selling an office building in Taipei’s Neihu district for HK$475.8 million to a Taiwanese software developer, it said in a filing to the Hong Kong stock exchange.
Many major stock and bond indices developed by index providers like MSCI and FTSE include malign Chinese companies, State Department says.
The number of children enrolled at Rockies Forest Kindergarten in southern China’s Zhongshan city has more than doubled since it opened four years ago.
Zhongshan is set to benefit from the increased connectivity as it sits at the intersection of major transport projects in the Greater Bay Area.
Many Chinese companies will continue with their plans to list in the US and retain the option of raising capital in Hong Kong or mainland China under IPO reforms.
Long Yongtu’s comments reflect the keen interest among Chinese policymakers to return bilateral relations to what he calls a “healthy and stable” track.
Danke’s crisis points to problems in the fast-growing rental apartment industry, invites regulators’ scrutiny, official media say.
Private institutions have in recent years gained ground in China’s education system, which has long been dominated by public schools. Private firms last year accounted for more than a third of all such institutions in the country.
The values on average of each of China’s 500 biggest private companies surged by 55 per cent to a record 110 billion yuan from last year. They were worth a combined 56 trillion yuan, or about half of China’s GDP last year, according to a Hurun report.
Investors could get burned chasing the lofty valuation in Chinese smartphone maker, according to Dan Baker at Morningstar, who goes against his 48 industry peers by recommending a sell on the stock.
Danke, also known as Phoenix Tree, denies it is bankrupt as its shares skyrocket after reports of a takeover bid by rival Xiangyu.
Meituan will get a 5 per cent weighting, in a long-awaited move that will raise the status of technology companies in Asia’s third-largest stock market.
China’s equity market lacks investor rationality, People's Bank of China scholars say of the 38.6 premium between A and H shares of companies with cross listings.
The shift to the Black Friday-style festival underscores the growing importance of Chinese shoppers and e-commerce amid the coronavirus pandemic, which continues to batter the global luxury goods industry.
Draft guideline ‘targeting tech giants’ in e-commerce, online food delivery and ride hailing, according to Atta Capital. Alibaba, Tencent and Meituan, known as the ATM trio, tumbled on concerns about stricter regulatory oversight.
When Joe Biden is inaugurated as president in January, it should herald a rewarding four years for stock traders in Hong Kong and mainland China.
China Evergrande has ended a plan to engineer a back-door listing for its property development unit in Shenzhen, ending a costly four-year pursuit of one of its biggest rivals in the city.
Hong Kong Ferry Holdings and Empire Group sell 85, or almost 70 per cent, of the 123 flats on offer in the second phase of Starfront Royale in Tuen Mun.
Payson Cha Mou-sing, the chairman of Hong Kong conglomerate HKR International, famed for its development of Discovery Bay, died on Saturday morning.
Hong Kong’s latest offering of inflation-linked bonds have become the blockbuster investment opportunity this week, attracting HK$38.9 billion in funds from investors.
Alibaba and companies involved in Ant Group IPO suffered deep losses after authorities halted its debut on regulatory grounds. Trump’s showing in US election prompted traders to offload Chinese chip makers.
Short sellers are hoping to thrive in a market gripped by anxieties surrounding the US election outcome. Bets against technology companies failed in October after some of them reached record highs.
Investors across the world should diversify further into Chinese assets, as it opens its capital markets and challenges the US in areas ranging from trade to technology, American billionaire investor Ray Dalio said.
China International Capital Corporation failed to maintain the 44 per cent maximum surge typically seen for new shares listed on Shanghai’s main board.
